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RAY "B"

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 281796District 08Field 20097700CondensateGasSaveExport
Value, all time
$124 k
Jan 2017 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
113
no gaps in the span
Streams
2
condensate, gas

The CONGER (PENN) field

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”

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
CondensateDisposition10 bbl$440
GasProduction36,210 Mcf$123,562
Total$124,002

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 31.7881, -101.2341. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78812, -101.23406 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,350 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

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

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 8,350 ft.

Completions filed
Aug 1990
1 of 1 wells

1 well

42-431321382038,350 ftAug 1990——

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 (113)

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

113 months

May 20260193106.413.05$588
Apr 2026024898.932.87$712
Mar 2026029889.753.15$939
Feb 2026027163.503.75$1,016
Jan 2026031959.138.00$2,551
Dec 2025028956.664.41$1,275
Nov 2025021358.593.93$836
Oct 2025023059.383.30$760
Sep 2025023162.743.08$711
Aug 2025022363.933.01$672
Jul 2025019366.743.32$640
Jun 2025020666.483.13$645
May 2025054960.553.23$1,775
Apr 2025060162.363.54$2,129
Mar 2025066967.704.27$2,856
Feb 2025055670.884.34$2,414
Jan 2025041574.324.28$1,776
Dec 2024036968.993.12$1,152
Nov 2024055669.052.20$1,222
Oct 2024039571.372.28$901
Sep 2024048569.612.36$1,147
Aug 2024047875.632.06$986
Jul 2024029779.932.15$638
Jun 2024028778.082.63$756
May 2024025478.812.20$558
Apr 202408684.451.66$143
Mar 2024025880.301.55$399
Feb 2024024576.091.78$437
Jan 2024024873.023.30$818
Dec 2023025271.262.61$658
Nov 2023024777.892.81$693
Oct 2023023585.443.09$726
Sep 2023022089.042.74$602
Aug 2023022980.522.67$612
Jul 2023023574.852.64$621
Jun 2023023668.962.26$533
May 2023028870.622.23$641
Apr 2023034578.122.24$772
Mar 2023030872.852.39$737
Feb 2023024175.112.47$594
Jan 2023035276.533.39$1,192
Dec 2022035476.415.73$2,028
Nov 2022032485.005.65$1,829
Oct 2022037687.185.86$2,205
Sep 2022035484.888.16$2,890
Aug 2022029594.529.13$2,693
Jul 20220248101.587.54$1,870
Jun 20220251115.097.98$2,002
May 20220241109.378.43$2,032
Apr 20220213104.226.84$1,456
Mar 20220240108.885.08$1,218
Feb 2022018791.054.86$909
Jan 2022033281.844.54$1,507
Dec 2021028071.323.90$1,092
Nov 2021029477.435.24$1,540
Oct 2021030179.795.71$1,720
Sep 2021028269.865.35$1,509
Aug 2021027966.024.22$1,178
Jul 2021028370.783.98$1,127
Jun 2021030069.493.38$1,014
May 2021027363.483.02$824
Apr 2021028360.362.76$781
Mar 2021028361.302.72$769
Feb 2021020957.805.55$1,160
Jan 2021023050.412.81$646
Dec 2020025544.642.68$682
Nov 2020028138.772.71$761
Oct 2020027936.972.48$691
Sep 2020028637.091.99$569
Aug 2020033239.982.39$792
Jul 2020036438.371.83$664
Jun 2020746834.901.69$1,035
May 20200016.921.81$0
Apr 202007514.751.80$135
Mar 2020026130.341.86$484
Feb 2020024649.881.98$487
Jan 2020028357.252.09$593
Dec 2019029459.012.30$677
Nov 2019027255.302.75$748
Oct 2019028553.472.42$689
Sep 2019029255.052.66$776
Aug 2019030053.112.30$691
Jul 2019033156.272.46$814
Jun 2019033852.782.49$842
May 2019036858.482.74$1,008
Apr 2019033762.632.75$927
Mar 2019035156.803.06$1,075
Feb 2019032750.852.79$913
Jan 2019037046.033.23$1,194
Dec 2018036046.594.19$1,507
Nov 2018035852.934.24$1,517
Oct 2018038961.443.40$1,322
Sep 2018035659.543.11$1,106
Aug 2018037659.403.07$1,153
Jul 2018340265.142.93$1,374
Jun 2018039460.183.08$1,212
May 2018042465.382.90$1,230
Apr 2018039063.842.90$1,131
Mar 2018039961.222.79$1,112
Feb 2018036761.782.77$1,015
Jan 2018043062.874.01$1,724
Dec 2017042557.272.92$1,242
Nov 2017042155.423.12$1,313
Oct 2017043749.292.98$1,304
Sep 2017043347.523.09$1,337
Aug 2017041145.373.00$1,235
Jul 2017042443.873.09$1,309
Jun 2017043242.493.09$1,334
May 2017043845.373.26$1,429
Apr 2017041147.933.21$1,320
Mar 2017041446.772.98$1,235
Feb 2017031150.452.95$918
Jan 2017045149.413.42$1,542

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  193 Mcf  × $  3.05 =       $588

────────────────────────────────────────────────────
Month total                                     $588

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/281796 is the state's own key, not one this site invented.