MCKNIGHT, M. B.

Operated by BURNETT OIL CO., INC. (P-5 110016) in the SAND HILLS (MCKNIGHT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5274District 08Field 80473310Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$5.7 M
Jan 1993 – May 2014
Value, last 12 filed months
$265 k
at the published price for each month
Months reported
257
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 215 leases and 1,609 wells, and the rule below applies to all of them.

Discovered
1944-12-31
as the register files it
Field class
Oil and gas
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 2024-12-17.

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: ONLY. 6MONTH EXCEPTION TO SWR51A. SPECIAL HZ LANGUAGE

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
NGPA2none

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
OilDisposition105,715 bbl$3,970,184
Casinghead gasProduction543,811 Mcf$1,749,763
Total$5,719,947

145,096 Mcf of this lease's gas, across 48 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.

Wells on this lease (5)

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 31.5432, -102.6542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.54347, -102.65409 · 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
60.0%
3 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
3,485 ft
4 wells filed one
Completion to plug
17.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
360.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
NeitherNo plug date, and not on the schedule.
240.0%

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 3,375 and 3,584 ft, median 3,485 ft, over the 4 wells that filed a depth.

Completions filed
Jan 1961 – Feb 2018
3 of 5 wells; 2 filed none
Plug dates filed
Oct 2023 – Mar 2026
3 of 5 wells; 2 filed none

Last completion to plug: a median of 17.5 years across the 2 wells that filed both dates, with the middle half between 11.6 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-1030447833,420 ftOct 2023Yes
42-103044794
42-1030447723,584 ftFeb 2018Oct 2023Yes
42-1030451053,550 ftDec 1996Mar 2026Yes
42-1030447613,375 ftJan 1961

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 (257)

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

257 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20143993,03490.404.86$50,817
Dec 201356226991.824.35$52,774
Nov 20132681,44588.853.74$29,214
Oct 20131722,06097.423.78$24,542
Sep 2013160479104.113.72$18,438
Aug 2013228426104.253.52$25,270
Jul 2013256323102.523.72$27,446
Jun 201337536294.403.93$36,824
May 20136011,15394.834.15$61,777
Apr 201332566893.964.28$33,398
Mar 201332779893.623.91$33,736
Feb 20132681,36091.233.42$29,101
Jan 20134431,38791.603.42$45,322
Dec 20124561,43586.773.42$44,475
Nov 20124532,01786.953.62$46,700
Oct 20124592,09189.383.40$48,134
Sep 20124821,62094.672.92$50,359
Aug 20124361,04592.662.91$43,439
Jul 20123521,30085.133.02$33,893
Jun 20123551,03379.822.52$30,938
May 20123404,00091.612.49$41,101
Apr 20123383,266101.652.00$40,879
Mar 20123204,978105.052.22$44,678
Feb 20125633,912101.102.57$66,974
Jan 20125384,26498.092.73$64,431
Dec 20113202,12696.873.24$37,886
Nov 20114661,73195.723.31$50,337
Oct 20114482,14084.983.65$45,879
Sep 20112982,18283.623.99$33,616
Aug 20114571,63183.404.15$44,881
Jul 20112581,36794.144.52$30,463
Jun 201130795892.904.64$32,965
May 20113741,54798.134.40$43,515
Apr 20113561,860105.964.33$45,782
Mar 20113051,46496.364.06$35,330
Feb 20112261,09685.644.18$23,936
Jan 20112671,99186.504.59$32,232
Dec 20102821,68185.734.35$31,484
Nov 20103121,50880.843.80$30,945
Oct 20104091,76878.103.51$38,147
Sep 20101492,55372.633.98$20,981
Aug 20102861,99973.684.42$29,907
Jul 20102022,79372.554.74$27,884
Jun 20102571,58870.364.91$25,880
May 201040482771.124.24$32,235
Apr 201040781781.694.12$36,616
Mar 20102731,43478.394.39$27,694
Feb 20102411,43473.585.44$25,537
Jan 20103371,71374.365.96$35,276
Dec 20094361,63571.445.48$40,114
Nov 20093351,68874.593.75$31,320
Oct 20093291,71872.544.11$30,927
Sep 20094331,70565.543.06$33,604
Aug 20093301,70667.423.22$27,739
Jul 20093411,80861.133.46$27,109
Jun 20093351,83066.163.90$29,291
May 20093361,95854.743.93$26,079
Apr 20095171,63246.773.59$30,035
Mar 20093161,81842.144.06$20,696
Feb 20093091,09132.814.63$15,193
Jan 20092031,17735.865.37$13,601
Dec 20082951,16637.105.98$17,914
Nov 20082091,17655.496.86$19,665
Oct 20082991,29175.246.92$31,433
Sep 20083101,330101.767.88$42,022
Aug 20081561,413114.228.48$29,805
Jul 20082151,355131.0811.39$43,615
Jun 200870940131.3313.03$21,444
May 2008128983123.1711.57$27,143
Apr 2008721,030110.3110.45$18,711
Mar 20081181,094101.909.66$22,597
Feb 20081701,04092.538.77$24,852
Jan 20081381,17790.388.21$22,131
Dec 20072121,33788.337.30$28,489
Nov 20071521,53891.677.29$25,148
Oct 20071201,69182.856.92$21,647
Sep 20071741,48075.846.24$22,438
Aug 20071871,57269.066.39$22,956
Jul 20072491,61270.906.39$27,951
Jun 20071981,05762.007.55$20,255
May 20071301,81958.747.85$21,909
Apr 20073581,77059.617.81$35,156
Mar 20071621,73356.927.30$21,875
Feb 20073341,58255.108.22$31,401
Jan 20071141,52950.306.73$16,020
Dec 20062361,71156.656.92$25,207
Nov 20063181,86554.207.62$31,442
Oct 20061381,93054.906.01$19,183
Sep 2006631,65760.085.04$12,132
Aug 20062661,52868.717.34$29,492
Jul 20061841,28669.376.34$20,921
Jun 2006641,40066.286.38$13,179
May 20061911,44666.016.42$21,898
Apr 20061041,13264.397.36$15,029
Mar 20061421,51856.707.08$18,803
Feb 20066061,46357.597.75$46,239
Jan 2006591,59460.598.93$17,815
Dec 20051941,47554.9413.42$30,446
Nov 20051921,57854.6910.59$27,209
Oct 2005721,57658.3413.80$25,943
Sep 20052401,24161.4512.08$29,738
Aug 20051051,32361.519.80$19,420
Jul 2005751,45355.697.84$15,574
Jun 2005851,12152.337.38$12,722
May 20051121,03145.226.65$11,922
Apr 20051451,40449.207.36$17,468
Mar 20051921,55350.377.15$20,783
Feb 20054101,54445.226.31$28,286
Jan 20054001,70943.166.32$28,069
Dec 20043821,45039.866.75$25,016
Nov 20046581,68445.286.33$40,455
Oct 20044211,89149.706.52$33,244
Sep 20044091,84043.245.28$27,408
Aug 20043881,97642.375.55$27,408
Jul 20043871,93238.286.08$26,569
Jun 20046011,79836.106.43$33,263
May 20043811,87437.486.49$26,451
Apr 20043502,08334.475.86$24,268
Mar 20046492,04034.365.53$33,581
Feb 20044051,87032.455.51$23,445
Jan 20043961,92232.036.30$24,792
Dec 20034151,81730.266.30$24,008
Nov 20034191,96028.804.60$21,074
Oct 20039292,55228.174.76$38,317
Sep 20033822,16326.314.75$20,323
Aug 20037172,70029.765.13$35,188
Jul 20034851,68729.415.17$22,987
Jun 200301,65528.565.98$9,902
May 20037052,01126.595.97$30,757
Apr 20034392,35826.675.41$24,459
Mar 20037201,66031.146.10$32,540
Feb 20031361,72833.487.93$18,249
Jan 20034171,46830.315.58$20,834
Dec 20025381,50326.914.85$21,773
Nov 20022601,64224.664.14$13,204
Oct 20024131,32926.464.23$16,548
Sep 200201,06427.443.64$3,868
Aug 20024031,70625.963.16$15,860
Jul 20026381,94624.583.06$21,640
Jun 20021881,93423.733.34$10,917
May 20025762,01624.663.58$21,430
Apr 20022011,93823.653.51$11,561
Mar 20026552,04522.003.10$20,755
Feb 20023131,99418.222.38$10,440
Jan 20025722,31917.172.38$15,330
Dec 20015162,35116.932.36$14,295
Nov 20012942,23118.072.41$10,679
Oct 20018062,50919.782.53$22,288
Sep 2001102,08124.262.25$4,928
Aug 20016662,41424.873.05$23,934
Jul 20016472,49323.933.20$23,453
Jun 200102,18124.563.82$8,340
May 20016702,41825.524.31$27,514
Apr 20013222,46724.685.34$21,109
Mar 20016682,53224.545.38$30,006
Feb 20013362,16727.755.77$21,821
Jan 20016742,32327.478.40$38,025
Dec 20002742,38326.889.12$29,104
Nov 20006482,49832.215.66$35,006
Oct 20003111,89031.235.15$19,438
Sep 20003162,09731.875.19$20,947
Aug 20006442,63729.644.54$31,062
Jul 20005992,64028.534.09$27,886
Jun 20002912,63029.304.40$20,091
May 20006502,68527.263.68$27,599
Apr 20002742,60824.513.12$14,842
Mar 20006602,61728.422.86$26,241
Feb 20002792,18227.622.73$13,655
Jan 20006602,24825.272.48$22,254
Dec 19996392,39224.282.42$21,312
Nov 19993022,31323.192.43$12,633
Oct 19995982,44820.982.80$19,410
Sep 19992652,44221.752.62$12,159
Aug 19997552,53719.262.88$21,837
Jul 19997122,59817.892.37$18,901
Jun 19993552,57015.942.36$11,729
May 19994242,49415.792.32$12,484
Apr 19996962,63215.102.21$16,321
Mar 19993342,68712.471.84$9,105
Feb 19997252,2639.981.82$11,349
Jan 19996552,50810.381.90$11,564
Dec 19986492,4899.201.77$10,385
Nov 19983142,48110.892.19$8,842
Oct 19986202,67612.421.97$12,970
Sep 19987052,52612.592.08$14,137
Aug 19986512,87411.301.91$12,838
Jul 19983222,67911.742.24$9,774
Jun 19983712,64611.242.24$10,090
May 19983492,83812.622.21$10,666
Apr 19986382,86513.042.51$15,497
Mar 19989692,95612.802.31$19,230
Feb 19983412,67213.952.30$10,900
Jan 19987722,94114.702.15$17,686
Dec 19974873,00016.322.41$15,181
Nov 19977443,00718.193.09$22,820
Oct 19974743,20019.253.15$19,204
Sep 19976623,19917.742.95$21,197
Aug 19975593,16817.862.55$18,077
Jul 19978913,29617.582.25$23,070
Jun 19975943,10717.242.26$17,254
May 19975932,81018.972.31$17,736
Apr 19975333,70517.882.08$17,247
Mar 19975233,93418.951.94$17,539
Feb 19976023,53720.492.21$20,137
Jan 19975662,43623.483.54$21,912
Dec 19967672,89623.32$17,886
Nov 19965092,92221.97$11,183
Oct 19965342,32123.31$12,448
Sep 19965502,53222.22$12,221
Aug 19968912,90320.26$18,052
Jul 19961222,57919.55$2,385
Jun 19968742,67618.73$16,370
May 19964952,45019.43$9,618
Apr 19964622,65621.51$9,938
Mar 19964592,79219.38$8,895
Feb 19967212,22616.98$12,243
Jan 19963592,57417.07$6,128
Dec 19957282,56317.19$12,514
Nov 19953632,57316.00$5,808
Oct 19953382,78215.43$5,215
Sep 19956632,77916.18$10,727
Aug 19956943,64215.92$11,048
Jul 19953163,52115.24$4,816
Jun 19958723,51716.41$14,310
May 19953053,12417.56$5,356
Apr 19953843,19517.73$6,808
Mar 19957973,15516.44$13,103
Feb 19954762,79716.58$7,892
Jan 19953883,03115.92$6,177
Dec 19946002,89615.03$9,018
Nov 19946832,92315.90$10,860
Oct 19946003,16415.58$9,348
Sep 19942883,10015.29$4,404
Aug 19946033,49816.13$9,726
Jul 19945513,13317.56$9,676
Jun 19947153,05017.09$12,219
May 19946562,96415.88$10,417
Apr 19947093,08514.14$10,025
Mar 19946403,17912.46$7,974
Feb 19943463,03912.50$4,325
Jan 19949143,52312.66$11,571
Dec 19935843,41512.33$7,201
Nov 19935303,40114.49$7,680
Oct 19935873,60715.85$9,304
Sep 19936073,38115.03$9,123
Aug 19939223,60615.66$14,439
Jul 19935433,69215.46$8,395
Jun 19935003,14016.79$8,395
May 19934693,31717.68$8,292
Apr 19938303,09318.05$14,982
Mar 19937853,21818.14$14,240
Feb 19935582,66717.90$9,988
Jan 19933762,79916.93$6,366

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 2014 — as filed, then multipliedworked
Oil                  399 bbl  × $ 90.40 =    $36,070
Casinghead gas     3,034 Mcf  × $  4.86 =    $14,747

────────────────────────────────────────────────────
Month total                                  $50,817

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/5274 is the state's own key, not one this site invented.