REAGAN 'H' FEE

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the CONGER, SW (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 152831District 08Field 20101500CondensateGasSaveExport
Value, all time
$919 k
Nov 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
379
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 271 leases and 445 wells, and the rule below applies to all of them.

Discovered
1979-02-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-07-01.

The Commission's schedule remark for this field reads: OPERATOR REQUEST. TEXACO E & P INC ALLICIANT..

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition4,797 bbl$112,963
GasProduction323,065 Mcf$806,298
Total$919,262

133,391 Mcf of this lease's gas, across 24 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (379)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

379 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20080129101.767.88$1,016
Aug 20080294114.228.48$2,494
Jul 20080311131.0811.39$3,542
Jun 20080268131.3313.03$3,493
May 20080210123.1711.57$2,431
Apr 20080226110.3110.45$2,363
Mar 20080232101.909.66$2,242
Feb 2008023492.538.77$2,052
Jan 2008027090.388.21$2,216
Dec 2007023288.337.30$1,694
Nov 2007021191.677.29$1,539
Oct 2007023282.856.92$1,606
Sep 2007019375.846.24$1,205
Aug 2007045069.066.39$2,875
Jul 2007018770.906.39$1,195
Jun 2007130262.007.55$2,342
May 2007029058.747.85$2,275
Apr 2007026859.617.81$2,092
Mar 2007019456.927.30$1,417
Feb 2007016555.108.22$1,356
Jan 2007017150.306.73$1,150
Dec 2006018856.656.92$1,301
Nov 2006018054.207.62$1,371
Oct 2006022254.906.01$1,335
Sep 2006146460.085.04$2,397
Aug 200671,01568.717.34$7,931
Jul 2006171,17469.376.34$8,626
Jun 2006171,07166.286.38$7,964
May 2006111,24766.016.42$8,738
Apr 200691,21964.397.36$9,552
Mar 200691,21456.707.08$9,109
Feb 200691,00857.597.75$8,331
Jan 2006151,23560.598.93$11,942
Dec 2005171,21554.9413.42$17,234
Nov 200561,16954.6910.59$12,706
Oct 200591,14258.3413.80$16,280
Sep 2005121,11161.4512.08$14,157
Aug 2005171,17961.519.80$12,596
Jul 20051495855.697.84$8,294
Jun 2005131,08852.337.38$8,711
May 2005141,12945.226.65$8,142
Apr 2005141,14949.207.36$9,146
Mar 2005141,23350.377.15$9,527
Feb 2005121,13945.226.31$7,732
Jan 2005191,35543.166.32$9,387
Dec 2004421,26439.866.75$10,207
Nov 2004161,23745.286.33$8,555
Oct 2004221,16349.706.52$8,670
Sep 2004331,14343.245.28$7,466
Aug 2004341,17742.375.55$7,974
Jul 2004421,13538.286.08$8,513
Jun 2004381,15036.106.43$8,770
May 2004371,21337.486.49$9,265
Apr 2004171,28234.475.86$8,097
Mar 2004181,32834.365.53$7,963
Feb 2004171,22832.455.51$7,317
Jan 2004371,23132.036.30$8,940
Dec 2003391,17230.266.30$8,566
Nov 2003201,29928.804.60$6,545
Oct 2003321,29928.174.76$7,084
Sep 2003321,23626.314.75$6,712
Aug 2003171,30729.765.13$7,210
Jul 2003241,32229.415.17$7,542
Jun 2003231,33628.565.98$8,650
May 2003251,38426.595.97$8,931
Apr 2003221,34626.675.41$7,865
Mar 2003351,57231.146.10$10,673
Feb 2003171,43433.487.93$11,935
Jan 2003411,46030.315.58$9,392
Dec 2002451,28126.914.85$7,429
Nov 2002601,42724.664.14$7,383
Oct 2002411,33526.464.23$6,731
Sep 2002521,40727.443.64$6,542
Aug 2002611,47925.963.16$6,263
Jul 2002311,43324.583.06$5,149
Jun 2002281,35723.733.34$5,194
May 2002111,47224.663.58$5,547
Apr 2002151,41423.653.51$5,321
Mar 2002191,47522.003.10$4,995
Feb 2002181,28218.222.38$3,374
Jan 20023792817.172.38$2,840
Dec 2001241,16316.932.36$3,156
Nov 2001261,85518.072.41$4,932
Oct 2001331,38419.782.53$4,153
Sep 2001301,29224.262.25$3,637
Aug 2001271,35324.873.05$4,802
Jul 2001341,14323.933.20$4,468
Jun 2001211,31124.563.82$5,529
May 2001221,44125.524.31$6,768
Apr 2001171,34124.685.34$7,574
Mar 200171,22524.545.38$6,758
Feb 2001111,26427.755.77$7,595
Jan 2001261,37927.478.40$12,296
Dec 2000271,29926.889.12$12,576
Nov 2000361,49832.215.66$9,635
Oct 2000381,54731.235.15$9,147
Sep 2000461,59531.875.19$9,738
Aug 2000621,64929.644.54$9,325
Jul 2000401,37428.534.09$6,761
Jun 2000321,59729.304.40$7,960
May 2000311,61727.263.68$6,795
Apr 2000321,53924.513.12$5,580
Mar 2000251,55028.422.86$5,143
Feb 2000351,52027.622.73$5,111
Jan 2000241,59225.272.48$4,555
Dec 1999291,63724.282.42$4,672
Nov 1999331,58723.192.43$4,628
Oct 1999411,66120.982.80$5,517
Sep 1999311,64621.752.62$4,985
Aug 1999211,76619.262.88$5,483
Jul 1999372,80017.892.37$7,305
Jun 1999152,73615.942.36$6,702
May 1999302,75715.792.32$6,873
Apr 1999322,61515.102.21$6,257
Mar 1999262,69312.471.84$5,275
Feb 1999222,2879.981.82$4,377
Jan 1999232,55810.381.90$5,099
Dec 1998222,1459.201.77$4,006
Nov 1998162,05610.892.19$4,668
Oct 1998162,10612.421.97$4,346
Sep 1998142,09712.592.08$4,544
Aug 1998172,05611.301.91$4,114
Jul 199882,27011.742.24$5,173
Jun 199892,20311.242.24$5,030
May 1998212,36612.622.21$5,485
Apr 1998292,10313.042.51$5,647
Mar 1998192,13912.802.31$5,183
Feb 1998141,83013.952.30$4,403
Jan 1998162,12314.702.15$4,810
Dec 1997122,19916.322.41$5,498
Nov 1997132,14718.193.09$6,867
Oct 1997152,29719.253.15$7,524
Sep 1997172,03117.742.95$6,303
Aug 1997162,06717.862.55$5,566
Jul 1997222,17117.582.25$5,265
Jun 1997242,19717.242.26$5,373
May 1997362,36418.972.31$6,140
Apr 1997382,36617.882.08$5,607
Mar 1997322,49318.951.94$5,441
Feb 1997242,07820.492.21$5,076
Jan 1997182,31823.483.54$8,628
Dec 1996202,28823.32$466
Nov 1996162,24421.97$352
Oct 1996222,87223.31$513
Sep 1996192,80822.22$422
Aug 1996162,69720.26$324
Jul 1996152,52319.55$293
Jun 1996182,83318.73$337
May 1996393,11419.43$758
Apr 1996433,25921.51$925
Mar 1996493,57819.38$950
Feb 1996363,42816.98$611
Jan 1996434,47417.07$734
Dec 1995455,31817.19$774
Nov 1995303,52316.00$480
Oct 1995524,56515.43$802
Sep 1995464,64216.18$744
Aug 19951018,24415.92$1,608
Jul 19951205,00015.24$1,829
Jun 1995648,49516.41$1,050
May 1995669,76417.56$1,159
Apr 19951219,58917.73$2,145
Mar 199529713,88716.44$4,883
Feb 199527618,04916.58$4,576
Jan 19953746,19715.92$5,954
Dec 19940015.03$0
Nov 19940015.90$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Sep 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $101.76 =         $0
Gas                  129 Mcf  × $  7.88 =     $1,016

────────────────────────────────────────────────────
Month total                                   $1,016

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/G/152831 is the state's own key, not one this site invented.