REAGAN 'I' 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 162581District 08Field 20101500CondensateGasSaveExport
Value, all time
$480 k
Mar 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
351
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
CondensateDisposition554 bbl$11,371
GasProduction117,323 Mcf$469,020
Total$480,391

Every month this lease reported (351)

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

351 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 2009040166.163.90$1,562
May 2009131054.743.93$1,272
Apr 2009041446.773.59$1,485
Mar 2009333442.144.06$1,482
Feb 2009127132.814.63$1,288
Jan 2009033135.865.37$1,778
Dec 2008032637.105.98$1,949
Nov 2008035455.496.86$2,429
Oct 2008035475.246.92$2,450
Sep 20080353101.767.88$2,781
Aug 20080329114.228.48$2,791
Jul 200801,102131.0811.39$12,551
Jun 20080418131.3313.03$5,448
May 20080347123.1711.57$4,016
Apr 20080319110.3110.45$3,335
Mar 20080452101.909.66$4,368
Feb 2008074092.538.77$6,490
Jan 200807190.388.21$583
Dec 2007034488.337.30$2,512
Nov 2007033691.677.29$2,450
Oct 2007034982.856.92$2,416
Sep 2007034175.846.24$2,129
Aug 2007036969.066.39$2,357
Jul 2007037670.906.39$2,402
Jun 2007036262.007.55$2,733
May 2007037258.747.85$2,919
Apr 2007036259.617.81$2,825
Mar 2007037456.927.30$2,731
Feb 2007033155.108.22$2,720
Jan 2007036650.306.73$2,462
Dec 2006037256.656.92$2,574
Nov 2006036954.207.62$2,811
Oct 2006038154.906.01$2,291
Sep 2006036060.085.04$1,813
Aug 2006040868.717.34$2,995
Jul 2006040569.376.34$2,569
Jun 2006039066.286.38$2,490
May 2006047266.016.42$3,033
Apr 2006025364.397.36$1,862
Mar 2006041756.707.08$2,954
Feb 2006038057.597.75$2,945
Jan 2006042060.598.93$3,752
Dec 2005041954.9413.42$5,621
Nov 2005040754.6910.59$4,309
Oct 2005042758.3413.80$5,891
Sep 2005041061.4512.08$4,952
Aug 2005042861.519.80$4,193
Jul 2005043155.697.84$3,381
Jun 2005041852.337.38$3,085
May 2005043545.226.65$2,893
Apr 2005042049.207.36$3,091
Mar 2005044050.377.15$3,148
Feb 2005039445.226.31$2,487
Jan 2005044243.166.32$2,794
Dec 2004045039.866.75$3,038
Nov 2004045045.286.33$2,849
Oct 2004047349.706.52$3,082
Sep 2004146143.245.28$2,479
Aug 20042747842.375.55$3,797
Jul 2004048138.286.08$2,926
Jun 2004047036.106.43$3,024
May 2004048737.486.49$3,163
Apr 2004048034.475.86$2,812
Mar 200412149734.365.53$6,906
Feb 2004045132.455.51$2,485
Jan 2004049632.036.30$3,125
Dec 2003049830.266.30$3,138
Nov 2003049228.804.60$2,261
Oct 2003051428.174.76$2,446
Sep 2003049726.314.75$2,360
Aug 2003050629.765.13$2,596
Jul 2003051729.415.17$2,673
Jun 2003047628.565.98$2,848
May 2003051526.595.97$3,076
Apr 2003049626.675.41$2,682
Mar 2003053131.146.10$3,237
Feb 2003048533.487.93$3,844
Jan 2003054230.315.58$3,025
Dec 2002054426.914.85$2,640
Nov 2002053824.664.14$2,226
Oct 2002057026.464.23$2,411
Sep 2002055627.443.64$2,021
Aug 2002057025.963.16$1,804
Jul 2002059224.583.06$1,813
Jun 2002058123.733.34$1,940
May 2002059724.663.58$2,140
Apr 2002058623.653.51$2,058
Mar 2002054322.003.10$1,685
Feb 2002054318.222.38$1,290
Jan 2002061417.172.38$1,459
Dec 2001061816.932.36$1,461
Nov 2001059218.072.41$1,424
Oct 2001063919.782.53$1,616
Sep 2001061924.262.25$1,394
Aug 2001065124.873.05$1,988
Jul 2001065823.933.20$2,104
Jun 2001064224.563.82$2,455
May 2001066225.524.31$2,851
Apr 2001064624.685.34$3,447
Mar 2001058324.545.38$3,134
Feb 2001047527.755.77$2,739
Jan 2001053327.478.40$4,477
Dec 2000058426.889.12$5,328
Nov 2000070532.215.66$3,989
Oct 2000069031.235.15$3,550
Sep 2000027831.875.19$1,442
Aug 2000077229.644.54$3,505
Jul 2000578128.534.09$3,337
Jun 2000077229.304.40$3,395
May 2000081727.263.68$3,006
Apr 200002,19324.513.12$6,833
Mar 200002,03828.422.86$5,828
Feb 200001,91827.622.73$5,229
Jan 200002,05325.272.48$5,092
Dec 199902,07424.282.42$5,027
Nov 199912,07623.192.43$5,076
Oct 199902,12720.982.80$5,963
Sep 1999091321.752.62$2,391
Aug 1999094819.262.88$2,726
Jul 1999099117.892.37$2,351
Jun 1999099315.942.36$2,346
May 199901,04315.792.32$2,421
Apr 199901,03515.102.21$2,285
Mar 19991661,10312.471.84$4,098
Feb 199901,2119.981.82$2,201
Jan 199901,29810.381.90$2,466
Dec 199801,4339.201.77$2,541
Nov 199801,63310.892.19$3,569
Oct 1998371,66912.421.97$3,746
Sep 199802,47212.592.08$5,148
Aug 199802,53011.301.91$4,826
Jul 199803,16611.742.24$7,083
Jun 199804,23111.242.24$9,466
May 199801,63412.622.21$3,605
Apr 199802,99813.042.51$7,511
Mar 199802,68612.802.31$6,203
Feb 199803,18913.952.30$7,332
Jan 19980014.702.15$0
Dec 19971911,28316.322.41$6,211
Nov 199701,67018.193.09$5,157
Oct 19970019.253.15$0
Sep 199702,07617.742.95$6,134
Aug 199702,41117.862.55$6,159
Jul 199703,19517.582.25$7,179
Jun 199701,57117.242.26$3,546
May 19970018.972.31$0
Apr 1997088217.882.08$1,837
Mar 199708018.951.94$155

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.

Jun 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.16 =         $0
Gas                  401 Mcf  × $  3.90 =     $1,562

────────────────────────────────────────────────────
Month total                                   $1,562

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/162581 is the state's own key, not one this site invented.