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BILLY BURT 90-TTT-B33 WF

Operated by MATADOR PRODUCTION COMPANY (P-5 532993) in the TWO GEORGES (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48422District 08Field 92100050Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$44.9 M
Sep 2016 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
117
no gaps in the span
Streams
2
oil, casinghead gas

The TWO GEORGES (BONE SPRING) 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 275 leases and 502 wells, and the rule below applies to all of them.

Discovered
1997-11-12
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2023-03-28.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “SIGNED 09/30/2025, EFFECTIVE 10/01/2025”

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
OilDisposition682,002 bbl$36,072,830
Casinghead gasProduction2,892,183 Mcf$8,850,751
Total$44,923,582

Wells on this lease (2)

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 31.7462, -103.6641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.0 miles.

31.74625, -103.66411 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,682 ft
2 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.
2100.0%

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

Between 9,607 and 9,757 ft, median 9,682 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2016
2 of 2 wells

2 wells

42-30132592121H9,607 ftSep 2016——
42-30132593124H9,757 ftSep 2016——

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 (117)

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

117 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202620059.138.00$1,183
Dec 20253591,27556.664.41$25,968
Nov 20251,54912,62158.593.93$140,312
Oct 20251,91117,67559.383.30$171,888
Sep 20251,99716,97362.743.08$177,516
Aug 20252,28016,40563.933.01$195,218
Jul 20251,82713,72666.743.32$167,438
Jun 20251,72818,32266.483.13$172,202
May 20252,19320,67060.553.23$199,598
Apr 20252,33620,05262.363.54$216,720
Mar 20252,76418,61667.704.27$266,582
Feb 20252,21014,35070.884.34$218,936
Jan 20253,28119,23774.324.28$326,153
Dec 20243,61219,98668.993.12$311,576
Nov 20244,05318,17569.052.20$319,816
Oct 20244,50618,36571.372.28$363,491
Sep 20244,17112,25069.612.36$319,307
Aug 202412019175.632.06$9,470
Jul 202415225379.932.15$12,692
Jun 202415715878.082.63$12,675
May 202419631178.812.20$16,130
Apr 202415284.451.66$1,270
Mar 2024731180.301.55$5,879
Feb 20242091,01376.091.78$17,710
Jan 20241852,00873.023.30$20,130
Dec 20232951,65171.262.61$25,332
Nov 20232331,28177.892.81$21,745
Oct 202333181185.443.09$30,784
Sep 202336937189.042.74$33,870
Aug 20238813,09280.522.67$79,203
Jul 20237442,76374.852.64$62,988
Jun 20231,2033,05268.962.26$89,852
May 20231,2141,92170.622.23$90,012
Apr 20231,5466,90278.122.24$136,219
Mar 20231,6257,23672.852.39$135,698
Feb 20231,4097,23675.112.47$123,672
Jan 20231,2658,58676.533.39$125,897
Dec 20221,1534,45376.415.73$113,612
Nov 20221,4736,87685.005.65$164,028
Oct 20221,2824,29787.185.86$136,961
Sep 20221,2274,71984.888.16$142,672
Aug 20221,5305,36694.529.13$193,592
Jul 20221,3717,639101.587.54$196,880
Jun 20221,7186,335115.097.98$248,260
May 20221,7066,984109.378.43$245,482
Apr 20221,5336,261104.226.84$202,579
Mar 20221,5697,477108.885.08$208,789
Feb 20229523,54291.054.86$103,890
Jan 20221,2875,71281.844.54$131,247
Dec 20211,9478,64371.323.90$172,560
Nov 20211,8338,31077.435.24$185,447
Oct 20212,1518,85179.795.71$222,202
Sep 20212,0148,73969.865.35$187,460
Aug 20212,1199,04066.024.22$178,051
Jul 20212,0759,16870.783.98$183,376
Jun 20211,8328,48069.493.38$155,973
May 20212,1729,89463.483.02$167,735
Apr 20212,0569,31860.362.76$149,803
Mar 20212,0189,94361.302.72$150,718
Feb 20211,4635,55457.805.55$115,375
Jan 20212,1599,25350.412.81$134,839
Dec 20208643,45844.642.68$47,821
Nov 20201,92514,13838.772.71$112,898
Oct 20203,85227,04836.972.48$209,445
Sep 20204,22028,39437.091.99$213,053
Aug 20203,99622,80739.982.39$214,157
Jul 20203,61321,35638.371.83$177,608
Jun 20203,70922,85334.901.69$168,073
May 20203,42322,73216.921.81$99,170
Apr 20203,85424,37714.751.80$100,832
Mar 20204,44326,59630.341.86$184,169
Feb 20204,49319,99449.881.98$263,712
Jan 20204,99028,26457.252.09$344,883
Dec 20196,62234,81459.012.30$470,988
Nov 20199,50348,68255.302.75$659,425
Oct 20198,04052,96753.472.42$558,002
Sep 20197,88853,19255.052.66$575,580
Aug 20198,64556,91853.112.30$590,296
Jul 20198,92652,99656.272.46$632,639
Jun 20199,52853,03752.782.49$635,014
May 20199,84348,72958.482.74$709,152
Apr 201910,43442,23262.632.75$769,649
Mar 20195,61335,69056.803.06$428,105
Feb 20199,30054,03450.852.79$623,780
Jan 201910,95147,30946.033.23$656,797
Dec 20183,84917,40246.594.19$252,160
Nov 20184,73721,08252.934.24$340,059
Oct 20186,65630,00361.443.40$510,897
Sep 20186,81729,62559.543.11$497,959
Aug 20187,36330,88759.403.07$532,079
Jul 20187,56534,52165.142.93$593,996
Jun 20186,51728,66060.183.08$480,378
May 20187,48532,13065.382.90$582,572
Apr 20186,42425,86163.842.90$485,126
Mar 20188,35532,09661.222.79$600,940
Feb 20185,44020,12361.782.77$391,746
Jan 20181,2764,96662.874.01$100,132
Dec 201711,81555,57457.272.92$839,006
Nov 201713,80366,27455.423.12$971,628
Oct 201715,49176,30049.292.98$991,206
Sep 201715,46076,56547.523.09$971,037
Aug 201718,35183,78845.373.00$1,084,318
Jul 201719,23296,65143.873.09$1,142,097
Jun 201722,288102,67142.493.09$1,263,991
May 201724,315102,75745.373.26$1,438,509
Apr 201727,20598,84747.933.21$1,621,393
Mar 201733,721104,30746.772.98$1,888,350
Feb 201736,64692,23850.452.95$2,121,133
Jan 201740,192110,67249.413.42$2,364,252
Dec 201634,42470,59348.763.72$1,941,320
Nov 201626,13950,58942.492.64$1,244,421
Oct 201621,70756,01946.193.09$1,175,760
Sep 20166,39515,96441.553.10$315,211

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 2026 — as filed, then multipliedworked
Oil                   20 bbl  × $ 59.13 =     $1,183
Casinghead gas         0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                   $1,183

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/48422 is the state's own key, not one this site invented.