HENDRIX A

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 61798District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.0 M
May 2024 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
25
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
OilDisposition55,314 bbl$3,855,019
Casinghead gasProduction34,943 Mcf$120,756
Total$3,975,775

Every month this lease reported (25)

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

25 months

May 20261,0691,160106.413.05$117,285
Apr 20261,2921,20598.932.87$131,276
Mar 20261,3915789.753.15$125,022
Feb 20261,26060463.503.75$82,275
Jan 20261,4181,50159.138.00$95,851
Dec 20251,9421,73756.664.41$117,700
Nov 20251,42764558.593.93$86,140
Oct 20250059.383.30$0
Sep 20251,3491,21962.743.08$88,387
Aug 20251,8081,58663.933.01$120,367
Jul 20252,0791,66166.743.32$144,259
Jun 20251,8651,68066.483.13$129,241
May 20252,2991,74260.553.23$144,835
Apr 20252,6741,77462.363.54$173,036
Mar 20252,8632,30267.704.27$203,651
Feb 20252,9511,96570.884.34$217,697
Jan 20254,1792,84574.324.28$322,756
Dec 20244,9002,29368.993.12$345,208
Nov 20245,1672,29569.052.20$361,827
Oct 20246,0242,79071.372.28$436,298
Sep 20245,4082,65669.612.36$382,731
Aug 20241,9491,22675.632.06$149,933
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$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.

May 2026 — as filed, then multipliedworked
Oil                1,069 bbl  × $106.41 =   $113,752
Casinghead gas     1,160 Mcf  × $  3.05 =     $3,533

────────────────────────────────────────────────────
Month total                                 $117,285

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/61798 is the state's own key, not one this site invented.