STATE UNIVERSITY COLT

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

Oil lease lease 49935District 08Field 82570500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.4 M
Dec 2017 – May 2026
Value, last 12 filed months
$511 k
at the published price for each month
Months reported
102
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 194 leases and 1,113 wells, and the rule below applies to all of them.

Discovered
1953-04-01
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 10 acres. The field rule took effect on 2014-01-07.

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: DIAGONAL LIMITATION, TOP ALLOWABLE ADJUSTED.

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
OilDisposition144,158 bbl$9,186,964
Casinghead gasProduction49,194 Mcf$171,180
Total$9,358,144

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 32.3935, -102.6604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39345, -102.66041 · 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
4,616 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 4,616 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-003476061H4,616 ftDec 2017

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 (102)

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

102 months

May 2026542515106.413.05$59,243
Apr 202667360498.932.87$68,313
Mar 202651443889.753.15$47,511
Feb 202653145963.503.75$35,440
Jan 202654943259.138.00$35,917
Dec 202562728456.664.41$36,779
Nov 202573037258.593.93$44,231
Oct 202563244059.383.30$38,982
Sep 202544332962.743.08$28,806
Aug 20255741863.933.01$36,750
Jul 20256281566.743.32$41,962
Jun 20255551166.483.13$36,931
May 20257521260.553.23$45,572
Apr 202595529862.363.54$60,610
Mar 202581443867.704.27$56,977
Feb 202580245970.884.34$58,838
Jan 202586544574.324.28$66,191
Dec 202483932968.993.12$58,910
Nov 20241,00555769.052.20$70,620
Oct 202491864771.372.28$66,994
Sep 202466166369.612.36$47,580
Aug 20241,02966875.632.06$79,202
Jul 202487414079.932.15$70,159
Jun 20247046178.082.63$55,129
May 20245495578.812.20$43,388
Apr 2024319584.451.66$26,948
Mar 2024518080.301.55$41,595
Feb 202468935276.091.78$53,054
Jan 202477833173.023.30$57,901
Dec 202373455071.262.61$53,741
Nov 202376430977.892.81$60,376
Oct 202386252885.443.09$75,279
Sep 202395644789.042.74$86,345
Aug 202385323380.522.67$69,306
Jul 202362214874.852.64$46,948
Jun 20231,07838568.962.26$75,208
May 202381254570.622.23$58,557
Apr 202334927778.122.24$27,884
Mar 202334627672.852.39$25,867
Feb 202341419575.112.47$31,576
Jan 202366039376.533.39$51,841
Dec 20226344776.415.73$48,713
Nov 20226231485.005.65$53,034
Oct 20229017387.185.86$8,861
Sep 20223936284.888.16$33,864
Aug 202277915894.529.13$75,073
Jul 20229851,077101.587.54$108,179
Jun 20221,0191,812115.097.98$131,731
May 20221,069547109.378.43$121,529
Apr 20221,044252104.226.84$110,529
Mar 20221,17696108.885.08$128,530
Feb 20228564191.054.86$78,138
Jan 20221,0114981.844.54$82,963
Dec 20211,1265171.323.90$80,505
Nov 20219713977.435.24$75,389
Oct 20217886879.795.71$63,263
Sep 202185310569.865.35$60,152
Aug 20211,0177766.024.22$67,467
Jul 20211,14110870.783.98$81,190
Jun 20219135069.493.38$63,613
May 20211,16319163.483.02$74,404
Apr 20211,29416160.362.76$78,550
Mar 20211,12731461.302.72$69,938
Feb 202157917257.805.55$34,420
Jan 202186821250.412.81$44,352
Dec 202090020344.642.68$40,719
Nov 20202,01759538.772.71$79,810
Oct 20202036.972.48$74
Sep 202026037.091.99$964
Aug 202016412539.982.39$6,855
Jul 20201,01849238.371.83$39,959
Jun 20201,39670034.901.69$49,904
May 202018413916.921.81$3,366
Apr 202063913914.751.80$9,676
Mar 20208397530.341.86$25,594
Feb 20208923749.881.98$44,566
Jan 202082421257.252.09$47,618
Dec 201982168259.012.30$50,019
Nov 20191,93466055.302.75$108,766
Oct 20191,32668253.472.42$72,551
Sep 20191,86966055.052.66$104,642
Aug 20191,91968253.112.30$103,490
Jul 20191,03065256.272.46$59,562
Jun 20191,71833852.782.49$91,518
May 20192,12159858.482.74$125,675
Apr 20191,89663062.632.75$120,479
Mar 20192,25275056.803.06$130,210
Feb 20192,8341,19850.852.79$147,454
Jan 20192,02762846.033.23$95,330
Dec 20184,7141,09546.594.19$224,208
Nov 20183,77989652.934.24$203,819
Oct 20183,2821,19561.443.40$205,707
Sep 20183,9131,26459.543.11$236,909
Aug 20184,6301,68159.403.07$280,177
Jul 20182,6931,05565.142.93$178,515
Jun 20184,11277460.183.08$249,842
May 20185,6981,60065.382.90$377,177
Apr 20187,1112,83963.842.90$462,202
Mar 20180061.222.79$0
Feb 20186,2771,95161.782.77$393,190
Jan 201813,2023,88862.874.01$845,598
Dec 20174,06154057.272.92$234,151

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
Oil                  542 bbl  × $106.41 =    $57,674
Casinghead gas       515 Mcf  × $  3.05 =     $1,569

────────────────────────────────────────────────────
Month total                                  $59,243

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/49935 is the state's own key, not one this site invented.