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.

Oil lease lease 34566District 08Field 20101500OilCasinghead gasSaveExport
Value, all time
$413 k
Jun 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
372
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition5,539 bbl$157,676
Casinghead gasProduction85,773 Mcf$255,182
Total$412,858

40,124 Mcf of this lease's gas, across 18 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 (372)

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

372 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 20083159101.767.88$1,558
Aug 200888318114.228.48$12,749
Jul 20086634131.0811.39$8,007
Jun 20088517131.3313.03$7,789
May 20082249123.1711.57$3,128
Apr 20081352110.3110.45$3,790
Mar 20083526101.909.66$5,389
Feb 2008751892.538.77$5,191
Jan 20081359590.388.21$6,057
Dec 2007451088.337.30$4,077
Nov 2007433591.677.29$2,809
Oct 2007436782.856.92$2,872
Sep 2007430675.846.24$2,214
Aug 2007357769.066.39$3,893
Jul 2007726470.906.39$2,183
Jun 2007459962.007.55$4,770
May 2007451958.747.85$4,307
Apr 2007043959.617.81$3,426
Mar 2007444456.927.30$3,470
Feb 20071649455.108.22$4,940
Jan 20072051350.306.73$4,457
Dec 20065353156.656.92$6,676
Nov 20063843854.207.62$5,396
Oct 2006037554.906.01$2,255
Sep 2006139460.085.04$2,045
Aug 2006727468.717.34$2,492
Jul 20061726969.376.34$2,885
Jun 20061824566.286.38$2,757
May 20063227766.016.42$3,892
Apr 20062427964.397.36$3,599
Mar 20062327756.707.08$3,266
Feb 20061425757.597.75$2,798
Jan 20061535760.598.93$4,098
Dec 20051836354.9413.42$5,859
Nov 20053134754.6910.59$5,370
Oct 20054942458.3413.80$8,708
Sep 20055939961.4512.08$8,445
Aug 20055943461.519.80$7,881
Jul 20053847155.697.84$5,811
Jun 20053345652.337.38$5,093
May 20053846645.226.65$4,818
Apr 20055534849.207.36$5,267
Mar 20055475850.377.15$8,143
Feb 20054635445.226.31$4,315
Jan 20054739643.166.32$4,532
Dec 200410436939.866.75$6,637
Nov 20043839145.286.33$4,196
Oct 20044451149.706.52$5,516
Sep 20046550243.245.28$5,463
Aug 20046150042.375.55$5,360
Jul 20047048338.286.08$5,618
Jun 20046448936.106.43$5,456
May 20046347137.486.49$5,420
Apr 20041716734.475.86$1,564
Mar 20041817334.365.53$1,575
Feb 20041419232.455.51$1,512
Jan 20041825232.036.30$2,164
Dec 20031925430.266.30$2,176
Nov 20031024928.804.60$1,432
Oct 20031624928.174.76$1,636
Sep 20031623726.314.75$1,547
Aug 2003822929.765.13$1,413
Jul 20031219729.415.17$1,372
Jun 20031119928.565.98$1,505
May 20031320626.595.97$1,576
Apr 20031319726.675.41$1,412
Mar 20033518931.146.10$2,242
Feb 20031317333.487.93$1,806
Jan 20031025330.315.58$1,715
Dec 20021122226.914.85$1,374
Nov 20021524724.664.14$1,392
Oct 20021120926.464.23$1,175
Sep 20021720127.443.64$1,197
Aug 20022021125.963.16$1,187
Jul 20021025924.583.06$1,039
Jun 20021024823.733.34$1,065
May 20021120224.663.58$995
Apr 20021519423.653.51$1,036
Mar 20021923022.003.10$1,132
Feb 20021917718.222.38$767
Jan 20023812817.172.38$957
Dec 20012416516.932.36$796
Nov 20011725918.072.41$930
Oct 20011726819.782.53$1,014
Sep 20011926124.262.25$1,049
Aug 20012222624.873.05$1,237
Jul 20013325723.933.20$1,611
Jun 20011521124.563.82$1,175
May 20011622525.524.31$1,377
Apr 20011322424.685.34$1,516
Mar 2001625324.545.38$1,507
Feb 2001922727.755.77$1,559
Jan 20012124527.478.40$2,635
Dec 20002125726.889.12$2,909
Nov 20001826132.215.66$2,057
Oct 20001927031.235.15$1,983
Sep 20002327831.875.19$2,175
Aug 20003128829.644.54$2,227
Jul 20002024028.534.09$1,552
Jun 20001829929.304.40$1,842
May 20002232327.263.68$1,788
Apr 20002330824.513.12$1,523
Mar 20001731028.422.86$1,370
Feb 20001724927.622.73$1,148
Jan 20001226125.272.48$951
Dec 19991426824.282.42$989
Nov 19991424423.192.43$919
Oct 19991825620.982.80$1,095
Sep 19991425321.752.62$967
Aug 19992127219.262.88$1,187
Jul 19993743117.892.37$1,684
Jun 19991442115.942.36$1,218
May 19991534015.792.32$1,026
Apr 19991632315.102.21$955
Mar 19991433312.471.84$787
Feb 1999183319.981.82$781
Jan 19991937010.381.90$900
Dec 1998193109.201.77$725
Nov 19982433210.892.19$987
Oct 19982434012.421.97$968
Sep 19982133912.592.08$970
Aug 19982830411.301.91$896
Jul 19981333611.742.24$904
Jun 19981232511.242.24$862
May 19981025712.622.21$693
Apr 19981522913.042.51$769
Mar 1998923312.802.31$653
Feb 1998832613.952.30$861
Jan 1998937814.702.15$947
Dec 1997639216.322.41$1,043
Nov 1997525418.193.09$875
Oct 1997727119.253.15$988
Sep 1997824017.742.95$851
Aug 19971131317.862.55$996
Jul 19971432917.582.25$985
Jun 19971433317.242.26$993
May 19971034918.972.31$995
Apr 19971035017.882.08$908
Mar 1997936918.951.94$886
Feb 19971130720.492.21$903
Jan 1997834223.483.54$1,398
Dec 1996933823.32$210
Nov 1996827621.97$176
Oct 19961135423.31$256
Sep 19961334622.22$289
Aug 19962974620.26$588
Jul 19964869819.55$938
Jun 19962678318.73$487
May 19961871619.43$350
Apr 19962074921.51$430
Mar 19962382319.38$446
Feb 19962566516.98$425
Jan 19961193,32217.07$2,031
Dec 19951384,76617.19$2,372
Nov 19951234,39016.00$1,968
Oct 19951995,07515.43$3,071
Sep 19953095,02116.18$5,000
Aug 19951,3935,32515.92$22,177
Jul 19951345,73115.24$2,042
Jun 19950016.41$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
Oil                    3 bbl  × $101.76 =       $305
Casinghead gas       159 Mcf  × $  7.88 =     $1,252

────────────────────────────────────────────────────
Month total                                   $1,558

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/O/34566 is the state's own key, not one this site invented.