FOSTER, L. -5-

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

Gas lease lease 217524District 08Field 200977002 tax incentive programmesGasSaveExport
Value, all time
$248 k
Jun 2006 – Apr 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
215
no gaps in the span
Streams
1
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 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered
1978-01-01
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 1985-04-29.

The Commission's schedule remark for this field reads: OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-08-14191694
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction41,412 Mcf$247,565
Total$247,565

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.8526, -101.1844. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85263, -101.18438 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,975 ft
1 wells filed one
Completion to plug
25.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,975 ft.

Completions filed
Sep 1998
1 of 1 wells
Plug dates filed
May 2024
1 of 1 wells

Last completion to plug: a median of 25.7 years across the 1 well that filed both dates, with the middle half between 25.7 years and 25.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4313294257,975 ftSep 1998May 2024Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (215)

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

215 months

Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 201210986.953.62$395
Oct 201228389.383.40$962
Sep 201228894.672.92$841
Aug 201236892.662.91$1,070
Jul 201246985.133.02$1,417
Jun 201246079.822.52$1,159
May 201251691.612.49$1,284
Apr 2012322101.652.00$643
Mar 2012450105.052.22$1,000
Feb 2012236101.102.57$607
Jan 201230498.092.73$831
Dec 201138296.873.24$1,238
Nov 201135695.723.31$1,179
Oct 201135184.983.65$1,281
Sep 201140983.623.99$1,630
Aug 201127583.404.15$1,141
Jul 201130094.144.52$1,355
Jun 201131092.904.64$1,438
May 201130298.134.40$1,330
Apr 2011364105.964.33$1,577
Mar 201125196.364.06$1,018
Feb 201142185.644.18$1,760
Jan 201134786.504.59$1,592
Dec 201041485.734.35$1,800
Nov 201035580.843.80$1,347
Oct 201036678.103.51$1,284
Sep 201038072.633.98$1,512
Aug 201048073.684.42$2,121
Jul 201051472.554.74$2,435
Jun 201029870.364.91$1,463
May 201044471.124.24$1,880
Apr 201045881.694.12$1,888
Mar 201054878.394.39$2,405
Feb 201043673.585.44$2,373
Jan 201051274.365.96$3,054
Dec 200942871.445.48$2,347
Nov 200939874.593.75$1,493
Oct 200940472.544.11$1,661
Sep 200950365.543.06$1,542
Aug 200941267.423.22$1,326
Jul 200944761.133.46$1,549
Jun 200955166.163.90$2,146
May 200953954.743.93$2,116
Apr 200954846.773.59$1,966
Mar 200946342.144.06$1,879
Feb 200953832.814.63$2,493
Jan 200959535.865.37$3,196
Dec 200864037.105.98$3,825
Nov 200862755.496.86$4,301
Oct 200850575.246.92$3,496
Sep 2008685101.767.88$5,396
Aug 2008830114.228.48$7,041
Jul 2008693131.0811.39$7,893
Jun 2008634131.3313.03$8,263
May 2008644123.1711.57$7,454
Apr 2008695110.3110.45$7,266
Mar 2008594101.909.66$5,740
Feb 200857192.538.77$5,008
Jan 200868490.388.21$5,613
Dec 200755588.337.30$4,053
Nov 200769691.677.29$5,075
Oct 200769382.856.92$4,797
Sep 200777575.846.24$4,839
Aug 200793069.066.39$5,941
Jul 200788270.906.39$5,634
Jun 200798162.007.55$7,405
May 200784158.747.85$6,599
Apr 200787759.617.81$6,845
Mar 200783556.927.30$6,097
Feb 200776055.108.22$6,244
Jan 200786450.306.73$5,812
Dec 200683756.656.92$5,791
Nov 200675354.207.62$5,736
Oct 200686354.906.01$5,190
Sep 200674360.085.04$3,743
Aug 200689868.717.34$6,591
Jul 200692369.376.34$5,854
Jun 2006066.286.38$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.

Nov 2012 — as filed, then multipliedworked
Gas                  109 Mcf  × $  3.62 =       $395

────────────────────────────────────────────────────
Month total                                     $395

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/217524 is the state's own key, not one this site invented.