BURNETT -S-

Operated by EXTEX OPERATING COMPANY (P-5 257062) in the K-M-A field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16458District 09Field 47902001OilCasinghead gasSaveExport
Value, all time
$170 k
Jan 1993 – Aug 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
188
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 347 leases and 2,190 wells, and the rule below applies to all of them.

Discovered
1931-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 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
OilDisposition9,717 bbl$169,612
Casinghead gasProduction21 Mcf$0
Total$169,612

21 Mcf of this lease's gas, across 21 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 (2)

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 33.9231, -98.8798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.92308, -98.87981 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,994 ft
2 wells filed one
Completion to plug
36.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 3,887 and 4,100 ft, median 3,994 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1971 – Aug 1971
2 of 2 wells
Plug dates filed
Dec 2007
2 of 2 wells

Last completion to plug: a median of 36.7 years across the 2 wells that filed both dates, with the middle half between 36.5 years and 36.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4853089223,887 ftAug 1971Dec 2007Yes
42-4853033014,100 ftJan 1971Dec 2007Yes

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 (188)

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

188 months

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 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003144031.146.10$4,484
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 2002169018.222.38$3,079
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001131023.933.20$3,135
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001151024.685.34$3,727
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000173032.215.66$5,572
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000143027.263.68$3,898
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000151025.272.48$3,816
Dec 199924024.282.42$583
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999140017.892.37$2,505
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199917009.981.82$1,697
Jan 199916010.381.90$166
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998176011.301.91$1,989
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998127012.802.31$1,626
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997150016.322.41$2,448
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997161017.862.55$2,875
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997141017.882.08$2,521
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996158023.32$3,685
Nov 19960021.97$0
Oct 1996177023.31$4,126
Sep 19960022.22$0
Aug 1996175020.26$3,546
Jul 1996182019.55$3,558
Jun 1996175018.73$3,278
May 19960019.43$0
Apr 1996179021.51$3,850
Mar 1996177019.38$3,430
Feb 1996182016.98$3,090
Jan 19960017.07$0
Dec 1995151017.19$2,596
Nov 1995179016.00$2,864
Oct 1995179015.43$2,762
Sep 1995177016.18$2,864
Aug 1995170015.92$2,706
Jul 1995164015.24$2,499
Jun 1995182016.41$2,987
May 19950017.56$0
Apr 1995169017.73$2,996
Mar 1995173016.44$2,844
Feb 1995166016.58$2,752
Jan 1995174015.92$2,770
Dec 1994173015.03$2,600
Nov 1994175015.90$2,783
Oct 1994170015.58$2,649
Sep 1994331115.29$5,061
Aug 1994179116.13$2,887
Jul 1994168117.56$2,950
Jun 1994163117.09$2,786
May 1994175115.88$2,779
Apr 1994170114.14$2,404
Mar 1994340112.46$4,236
Feb 19940112.50$0
Jan 1994177112.66$2,241
Dec 1993179112.33$2,207
Nov 1993174114.49$2,521
Oct 1993175115.85$2,774
Sep 1993170115.03$2,555
Aug 1993169115.66$2,647
Jul 1993167115.46$2,582
Jun 1993163116.79$2,737
May 1993338117.68$5,976
Apr 19930118.05$0
Mar 1993163118.14$2,957
Feb 1993173117.90$3,097
Jan 1993169116.93$2,861

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 2003 — as filed, then multipliedworked
Oil                  144 bbl  × $ 31.14 =     $4,484
Casinghead gas         0 Mcf  × $  6.10 =         $0

────────────────────────────────────────────────────
Month total                                   $4,484

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/O/16458 is the state's own key, not one this site invented.