MIDLETON 17-7

Operated by BURLESON PETROLEUM, INC. (P-5 109255) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 57109District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$15.7 M
Feb 2022 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
52
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition172,034 bbl$15,165,089
Casinghead gasProduction106,269 Mcf$543,355
Total$15,708,444

Every month this lease reported (52)

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

52 months

May 202699076106.413.05$105,577
Apr 202686330998.932.87$86,263
Mar 20269896089.753.15$88,952
Feb 20261,085063.503.75$68,898
Jan 20263193459.138.00$19,134
Dec 20251,00217756.664.41$57,554
Nov 20251,53050258.593.93$91,614
Oct 20252,01537659.383.30$120,893
Sep 20251,4915362.743.08$93,708
Aug 20251,82623563.933.01$117,445
Jul 20251,72317666.743.32$115,577
Jun 20251,65317966.483.13$110,451
May 20251,391060.553.23$84,225
Apr 20251,724062.363.54$107,509
Mar 20252,18843867.704.27$149,997
Feb 20251,60957970.884.34$116,559
Jan 20252,3461,04674.324.28$178,830
Dec 20242,05787168.993.12$144,631
Nov 2024573469.052.20$39,574
Oct 20241,6501,02171.372.28$120,090
Sep 20241,5932,83869.612.36$117,599
Aug 20242,3134,14175.632.06$183,478
Jul 20242,0574,50279.932.15$174,080
Jun 20242,5639,14278.082.63$224,199
May 20242,1089,86878.812.20$187,826
Apr 20241,5631,49084.451.66$134,468
Mar 20242,1992,19680.301.55$179,973
Feb 20242,650076.091.78$201,639
Jan 20242,635273.023.30$192,414
Dec 20233,0341,41871.262.61$219,905
Nov 20232,3782,12177.892.81$191,177
Oct 20231,09479085.443.09$95,910
Sep 20231,176089.042.74$104,711
Aug 20232,657080.522.67$213,942
Jul 20232,9253174.852.64$219,018
Jun 20232,76820968.962.26$191,353
May 20233,00544470.622.23$213,202
Apr 20233,20185078.122.24$251,964
Mar 20233,7901,36672.852.39$279,371
Feb 20232,974675.112.47$223,392
Jan 20233,2594976.533.39$249,577
Dec 20223,457076.415.73$264,149
Nov 20225,453085.005.65$463,505
Oct 20225,61545287.185.86$492,166
Sep 20226,20822284.888.16$528,747
Aug 20227,0228,84494.529.13$744,440
Jul 20228,6879,812101.587.54$956,428
Jun 20229,7637,738115.097.98$1,185,351
May 20229,3197,020109.378.43$1,078,419
Apr 202214,40212,147104.226.84$1,584,033
Mar 202219,99012,435108.885.08$2,239,636
Feb 20221,152091.054.86$104,890

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                  990 bbl  × $106.41 =   $105,346
Casinghead gas        76 Mcf  × $  3.05 =       $231

────────────────────────────────────────────────────
Month total                                 $105,577

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/57109 is the state's own key, not one this site invented.