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 157133District 08Field 20101500CondensateGasSaveExport
Value, all time
$231 k
Jan 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
365
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
CondensateDisposition2,155 bbl$64,907
GasProduction44,661 Mcf$166,135
Total$231,042

7,784 Mcf of this lease's gas, across 12 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 (365)

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

365 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 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200817990.388.21$739
Dec 2007235088.337.30$2,732
Nov 2007422891.677.29$2,029
Oct 2007425182.856.92$2,069
Sep 2007421075.846.24$1,615
Aug 2007247769.066.39$3,185
Jul 2007022670.906.39$1,444
Jun 2007035362.007.55$2,665
May 2007327758.747.85$2,350
Apr 2007026859.617.81$2,092
Mar 2007325156.927.30$2,004
Feb 2007023655.108.22$1,939
Jan 2007024450.306.73$1,641
Dec 2006126256.656.92$1,869
Nov 20061627354.207.62$2,947
Oct 2006031854.906.01$1,912
Sep 2006141860.085.04$2,166
Aug 2006724368.717.34$2,265
Jul 20061726869.376.34$2,879
Jun 20061724566.286.38$2,691
May 20061524466.016.42$2,558
Apr 2006920964.397.36$2,118
Mar 2006920956.707.08$1,991
Feb 2006917257.597.75$1,852
Jan 20061519560.598.93$2,651
Dec 20051819954.9413.42$3,659
Nov 20051919154.6910.59$3,061
Oct 20052924258.3413.80$5,030
Sep 20053522861.4512.08$4,905
Aug 20053822261.519.80$4,512
Jul 2005814855.697.84$1,606
Jun 2005715152.337.38$1,481
May 2005817145.226.65$1,499
Apr 20051420649.207.36$2,205
Mar 20051422150.377.15$2,286
Feb 20051418645.226.31$1,807
Jan 20051914143.166.32$1,711
Dec 20044113239.866.75$2,525
Nov 20041313745.286.33$1,456
Oct 20041117049.706.52$1,654
Sep 20041616743.245.28$1,574
Aug 20041519542.375.55$1,718
Jul 20041422738.286.08$1,917
Jun 20041323036.106.43$1,949
May 20041423837.486.49$2,070
Apr 20041722334.475.86$1,892
Mar 20041823134.365.53$1,896
Feb 20041421832.455.51$1,655
Jan 20041825332.036.30$2,170
Dec 20031924030.266.30$2,087
Nov 20031022128.804.60$1,304
Oct 20031622128.174.76$1,503
Sep 20031621026.314.75$1,418
Aug 20031222229.765.13$1,496
Jul 20032422529.415.17$1,869
Jun 20032322728.565.98$2,015
May 20032523626.595.97$2,074
Apr 20032021826.675.41$1,712
Mar 20033519031.146.10$2,248
Feb 20031317333.487.93$1,806
Jan 20031520730.315.58$1,610
Dec 20022119726.914.85$1,521
Nov 20021821924.664.14$1,350
Oct 20021120626.464.23$1,162
Sep 20021722927.443.64$1,299
Aug 20022124225.963.16$1,311
Jul 20021526924.583.06$1,192
Jun 20021827823.733.34$1,355
May 20021128924.663.58$1,307
Apr 20021527823.653.51$1,331
Mar 20021932822.003.10$1,436
Feb 20021923618.222.38$907
Jan 20023817017.172.38$1,056
Dec 20012422116.932.36$929
Nov 20011733318.072.41$1,108
Oct 20011735319.782.53$1,229
Sep 20011835124.262.25$1,227
Aug 20012131024.873.05$1,469
Jul 20013234123.933.20$1,856
Jun 20011631124.563.82$1,582
May 20011733025.524.31$1,855
Apr 20011431824.685.34$2,042
Mar 2001634924.545.38$2,024
Feb 2001930027.755.77$1,980
Jan 20012133827.478.40$3,416
Dec 20002133626.889.12$3,630
Nov 20001819032.215.66$1,655
Oct 20001919631.235.15$1,602
Sep 20002320331.875.19$1,786
Aug 20003120929.644.54$1,868
Jul 20002017428.534.09$1,282
Jun 20001821729.304.40$1,482
May 20002729727.263.68$1,829
Apr 20002728224.513.12$1,540
Mar 20002128428.422.86$1,409
Feb 20002624927.622.73$1,397
Jan 20001826125.272.48$1,102
Dec 19992126824.282.42$1,159
Nov 19991426423.192.43$967
Oct 19991727720.982.80$1,133
Sep 19991326521.752.62$977
Aug 19991124919.262.88$928
Jul 19991939517.892.37$1,277
Jun 1999838615.942.36$1,039
May 19991937415.792.32$1,168
Apr 19992035515.102.21$1,086
Mar 19991636612.471.84$872
Feb 199993919.981.82$801
Jan 1999943710.381.90$924
Dec 1998103679.201.77$743
Nov 19981229110.892.19$767
Oct 19981229812.421.97$736
Sep 19981229612.592.08$768
Aug 19982839711.301.91$1,074
Jul 19981343911.742.24$1,135
Jun 19981242511.242.24$1,086
May 19981338612.622.21$1,016
Apr 19981834313.042.51$1,094
Mar 19981134912.802.31$947
Feb 1998838013.952.30$985
Jan 1998944114.702.15$1,083
Dec 1997745716.322.41$1,216
Nov 1997739018.193.09$1,332
Oct 1997941819.253.15$1,490
Sep 1997936917.742.95$1,250
Aug 1997941817.862.55$1,229
Jul 19971243817.582.25$1,195
Jun 19971244417.242.26$1,209
May 19971039118.972.31$1,092
Apr 19971039117.882.08$993
Mar 1997941218.951.94$969
Feb 19971637520.492.21$1,155
Jan 19971241823.483.54$1,761
Dec 19961441323.32$326
Nov 19961456921.97$308
Oct 19962072823.31$466
Sep 19961871222.22$400
Aug 19961780320.26$344
Jul 19961575219.55$293
Jun 19961684418.73$300
May 19961459119.43$272
Apr 19961761821.51$366
Mar 19962167919.38$407
Feb 19963486216.98$577
Jan 1996121317.07$17

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.

Jan 2008 — as filed, then multipliedworked
Condensate             1 bbl  × $ 90.38 =        $90
Gas                   79 Mcf  × $  8.21 =       $648

────────────────────────────────────────────────────
Month total                                     $739

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/157133 is the state's own key, not one this site invented.