GIBBONS

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the BOONSVILLE (CADDO 4120) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 42643District 09Field 10574760CondensateGasSaveExport
Value, all time
$294 k
Jan 1993 – Apr 2011
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
220
no gaps in the span
Streams
2
condensate, 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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1965-02-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
CondensateDisposition548 bbl$23,989
GasProduction91,860 Mcf$269,684
Total$293,673

31,126 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 (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 33.2693, -97.6941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26930, -97.69411 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,886 ft
1 wells filed one
Completion to plug
45.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 5,886 ft.

Completions filed
Dec 1965
1 of 1 wells
Plug dates filed
Apr 2011
1 of 1 wells

Last completion to plug: a median of 45.3 years across the 1 well that filed both dates, with the middle half between 45.3 years and 45.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4970004315,886 ftDec 1965Apr 2011Yes

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 (220)

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

220 months

Apr 201100105.964.33$0
Mar 2011152096.364.06$14,647
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100172.554.74$5
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201002173.585.44$114
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 200901065.543.06$31
Aug 200902267.423.22$71
Jul 20090561.133.46$17
Jun 200909266.163.90$358
May 200902154.743.93$82
Apr 20090846.773.59$29
Mar 20090142.144.06$4
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 200803292.538.77$281
Jan 20080090.388.21$0
Dec 2007015288.337.30$1,110
Nov 2007022591.677.29$1,641
Oct 200703482.856.92$235
Sep 200706575.846.24$406
Aug 200703569.066.39$224
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070158.747.85$8
Apr 2007010159.617.81$788
Mar 2007030656.927.30$2,234
Feb 2007022655.108.22$1,857
Jan 2007122150.306.73$1,537
Dec 2006028956.656.92$1,999
Nov 2006028454.207.62$2,163
Oct 2006024854.906.01$1,491
Sep 2006037660.085.04$1,894
Aug 2006039468.717.34$2,892
Jul 2006037569.376.34$2,379
Jun 2006031466.286.38$2,005
May 2006040266.016.42$2,583
Apr 2006038764.397.36$2,849
Mar 2006135856.707.08$2,592
Feb 2006039857.597.75$3,085
Jan 2006152560.598.93$4,751
Dec 2005040054.9413.42$5,366
Nov 2005038154.6910.59$4,034
Oct 2005050258.3413.80$6,925
Sep 2005143161.4512.08$5,268
Aug 2005049961.519.80$4,889
Jul 2005041955.697.84$3,286
Jun 2005140552.337.38$3,042
May 2005148545.226.65$3,271
Apr 2005042049.207.36$3,091
Mar 2005048450.377.15$3,463
Feb 2005024845.226.31$1,565
Jan 2005035143.166.32$2,219
Dec 2004020439.866.75$1,377
Nov 2004037245.286.33$2,355
Oct 2004034249.706.52$2,228
Sep 2004039843.245.28$2,103
Aug 2004039742.375.55$2,204
Jul 2004041338.286.08$2,513
Jun 2004044836.106.43$2,882
May 2004048337.486.49$3,137
Apr 2004042434.475.86$2,484
Mar 2004038934.365.53$2,151
Feb 2004033632.455.51$1,851
Jan 2004142232.036.30$2,690
Dec 2003043830.266.30$2,760
Nov 2003034628.804.60$1,590
Oct 2003036228.174.76$1,723
Sep 2003033526.314.75$1,591
Aug 2003146629.765.13$2,420
Jul 2003146529.415.17$2,434
Jun 2003040428.565.98$2,417
May 2003039426.595.97$2,353
Apr 2003050226.675.41$2,714
Mar 200311,27131.146.10$7,779
Feb 2003038733.487.93$3,067
Jan 2003149030.315.58$2,766
Dec 2002043926.914.85$2,131
Nov 2002157024.664.14$2,383
Oct 2002156426.464.23$2,412
Sep 2002120627.443.64$776
Aug 2002015825.963.16$500
Jul 2002034724.583.06$1,062
Jun 2002318623.733.34$692
May 2002145124.663.58$1,641
Apr 2002051923.653.51$1,823
Mar 2002052022.003.10$1,613
Feb 2002049718.222.38$1,181
Jan 2002045317.172.38$1,076
Dec 2001045416.932.36$1,073
Nov 2001061318.072.41$1,475
Oct 2001167019.782.53$1,714
Sep 2001121224.262.25$502
Aug 2001025624.873.05$782
Jul 2001043623.933.20$1,394
Jun 2001047424.563.82$1,813
May 2001048325.524.31$2,080
Apr 2001152324.685.34$2,815
Mar 2001166924.545.38$3,621
Feb 2001030527.755.77$1,759
Jan 2001033127.478.40$2,780
Dec 20009552326.889.12$7,325
Nov 20004035832.215.66$3,314
Oct 20004056931.235.15$4,177
Sep 2000055131.875.19$2,858
Aug 2000170329.644.54$3,222
Jul 200011,04628.534.09$4,306
Jun 2000165729.304.40$2,918
May 2000971827.263.68$2,887
Apr 2000030624.513.12$954
Mar 2000031628.422.86$904
Feb 2000034827.622.73$949
Jan 2000043525.272.48$1,079
Dec 1999043924.282.42$1,064
Nov 1999040723.192.43$991
Oct 1999035420.982.80$993
Sep 1999062321.752.62$1,632
Aug 1999053919.262.88$1,550
Jul 1999038817.892.37$920
Jun 1999089215.942.36$2,107
May 1999059215.792.32$1,374
Apr 1999085015.102.21$1,877
Mar 199901,04212.471.84$1,916
Feb 199901,0999.981.82$1,998
Jan 1999063610.381.90$1,208
Dec 199802869.201.77$507
Nov 1998058710.892.19$1,283
Oct 1998067912.421.97$1,337
Sep 1998058412.592.08$1,216
Aug 1998055611.301.91$1,060
Jul 1998046211.742.24$1,034
Jun 1998057411.242.24$1,284
May 1998073312.622.21$1,617
Apr 1998157713.042.51$1,459
Mar 1998079212.802.31$1,829
Feb 1998059413.952.30$1,366
Jan 1998167614.702.15$1,471
Dec 1997073416.322.41$1,770
Nov 1997166618.193.09$2,075
Oct 1997058319.253.15$1,836
Sep 1997164517.742.95$1,924
Aug 1997059617.862.55$1,523
Jul 1997056317.582.25$1,265
Jun 1997050817.242.26$1,147
May 1997057018.972.31$1,316
Apr 1997060017.882.08$1,250
Mar 1997079418.951.94$1,540
Feb 1997060120.492.21$1,326
Jan 1997060523.483.54$2,142
Dec 1996071723.32$0
Nov 1996064221.97$0
Oct 1996065623.31$0
Sep 1996061222.22$0
Aug 1996060520.26$0
Jul 1996066419.55$0
Jun 1996069218.73$0
May 1996074119.43$0
Apr 1996066821.51$0
Mar 199611664919.38$2,248
Feb 1996061116.98$0
Jan 1996073417.07$0
Dec 1995066517.19$0
Nov 1995051816.00$0
Oct 1995152315.43$15
Sep 1995052616.18$0
Aug 1995052215.92$0
Jul 1995152115.24$15
Jun 1995043216.41$0
May 1995162617.56$18
Apr 1995062317.73$0
Mar 1995157916.44$16
Feb 1995061816.58$0
Jan 1995064315.92$0
Dec 1994061215.03$0
Nov 1994060315.90$0
Oct 1994064315.58$0
Sep 1994063415.29$0
Aug 1994063616.13$0
Jul 1994170817.56$18
Jun 1994060717.09$0
May 1994052115.88$0
Apr 1994174514.14$14
Mar 19945963212.46$735
Feb 1994163812.50$13
Jan 1994076712.66$0
Dec 1993068012.33$0
Nov 1993093114.49$0
Oct 199311,21715.85$16
Sep 1993059315.03$0
Aug 1993053515.66$0
Jul 1993056115.46$0
Jun 1993062416.79$0
May 1993064017.68$0
Apr 1993066318.05$0
Mar 1993072218.14$0
Feb 1993067217.90$0
Jan 1993075516.93$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.

Mar 2011 — as filed, then multipliedworked
Condensate           152 bbl  × $ 96.36 =    $14,647
Gas                    0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                  $14,647

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. 09/G/42643 is the state's own key, not one this site invented.