ARROWHEAD UNIT

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

Oil lease lease 24298District 09Field 18707001OilCasinghead gasSaveExport
Value, all time
$415 k
Jan 1993 – Oct 2009
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
202
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 615 leases and 2,793 wells, and the rule below applies to all of them.

Discovered
1902-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ENTITY FOR DENSITY APPROVED 3/17/98

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
OilDisposition15,832 bbl$414,924
Casinghead gasProduction20 Mcf$0
Total$414,924

20 Mcf of this lease's gas, across 20 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 33.7880, -98.4006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.78795, -98.40062 · 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
4,941 ft
1 wells filed one
Completion to plug
25.3 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 4,941 ft.

Completions filed
May 1984
1 of 1 wells
Plug dates filed
Aug 2009
1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0773331714,941 ftMay 1984Aug 2009Yes

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 (202)

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

202 months

Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200975067.423.22$5,057
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
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 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 2007165070.906.39$11,699
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007175056.927.30$9,961
Feb 2007179055.108.22$9,863
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006181054.906.01$9,937
Sep 20060060.085.04$0
Aug 2006177068.717.34$12,162
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006175066.016.42$11,552
Apr 20060064.397.36$0
Mar 2006168056.707.08$9,526
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005178054.9413.42$9,779
Nov 20050054.6910.59$0
Oct 2005181058.3413.80$10,560
Sep 20050061.4512.08$0
Aug 2005161061.519.80$9,903
Jul 20050055.697.84$0
Jun 2005166052.337.38$8,687
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005179050.377.15$9,016
Feb 20050045.226.31$0
Jan 2005171043.166.32$7,380
Dec 2004179039.866.75$7,135
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004177043.245.28$7,653
Aug 20040042.375.55$0
Jul 2004174038.286.08$6,661
Jun 20040036.106.43$0
May 2004179037.486.49$6,709
Apr 20040034.475.86$0
Mar 2004174034.365.53$5,979
Feb 20040032.455.51$0
Jan 2004164032.036.30$5,253
Dec 20030030.266.30$0
Nov 2003172028.804.60$4,954
Oct 20030028.174.76$0
Sep 2003172026.314.75$4,525
Aug 20030029.765.13$0
Jul 2003173029.415.17$5,088
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003169026.675.41$4,507
Mar 2003158031.146.10$4,920
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002168026.914.85$4,521
Nov 20020024.664.14$0
Oct 2002185026.464.23$4,895
Sep 20020027.443.64$0
Aug 2002175025.963.16$4,543
Jul 20020024.583.06$0
Jun 2002170023.733.34$4,034
May 20020024.663.58$0
Apr 2002166023.653.51$3,926
Mar 20020022.003.10$0
Feb 2002168018.222.38$3,061
Jan 20020017.172.38$0
Dec 2001170016.932.36$2,878
Nov 2001179018.072.41$3,235
Oct 20010019.782.53$0
Sep 2001165024.262.25$4,003
Aug 20010024.873.05$0
Jul 2001168023.933.20$4,020
Jun 20010024.563.82$0
May 2001179025.524.31$4,568
Apr 20010024.685.34$0
Mar 2001343024.545.38$8,417
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000182026.889.12$4,892
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000170031.875.19$5,418
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000179029.304.40$5,245
May 20000027.263.68$0
Apr 2000181024.513.12$4,436
Mar 2000172028.422.86$4,888
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999161024.282.42$3,909
Nov 1999182023.192.43$4,221
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999179019.262.88$3,448
Jul 19990017.892.37$0
Jun 1999173015.942.36$2,758
May 1999177015.792.32$2,795
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199918409.981.82$1,836
Jan 1999180010.381.90$1,868
Dec 1998009.201.77$0
Nov 1998184010.892.19$2,004
Oct 19980012.421.97$0
Sep 1998172012.592.08$2,165
Aug 19980011.301.91$0
Jul 1998177011.742.24$2,078
Jun 19980011.242.24$0
May 1998169012.622.21$2,133
Apr 1998178013.042.51$2,321
Mar 19980012.802.31$0
Feb 1998181013.952.30$2,525
Jan 19980014.702.15$0
Dec 1997184016.322.41$3,003
Nov 19970018.193.09$0
Oct 1997178019.253.15$3,427
Sep 19970017.742.95$0
Aug 1997155017.862.55$2,768
Jul 1997173017.582.25$3,041
Jun 19970017.242.26$0
May 1997176018.972.31$3,339
Apr 19970017.882.08$0
Mar 1997179018.951.94$3,392
Feb 19970020.492.21$0
Jan 1997174023.483.54$4,086
Dec 19960023.32$0
Nov 1996178021.97$3,911
Oct 19960023.31$0
Sep 1996169022.22$3,755
Aug 19960020.26$0
Jul 1996177019.55$3,460
Jun 19960018.73$0
May 1996172019.43$3,342
Apr 19960021.51$0
Mar 199666019.38$1,279
Feb 1996161016.98$2,734
Jan 1996168017.07$2,868
Dec 1995174017.19$2,991
Nov 19950016.00$0
Oct 1995179015.43$2,762
Sep 19950016.18$0
Aug 1995181015.92$2,882
Jul 19950015.24$0
Jun 1995181016.41$2,970
May 1995182017.56$3,196
Apr 19950017.73$0
Mar 1995187016.44$3,074
Feb 19950016.58$0
Jan 1995185015.92$2,945
Dec 1994181015.03$2,720
Nov 19940015.90$0
Oct 1994179015.58$2,789
Sep 19940115.29$0
Aug 1994178116.13$2,871
Jul 19940117.56$0
Jun 1994173117.09$2,957
May 1994177115.88$2,811
Apr 19940114.14$0
Mar 1994175112.46$2,181
Feb 19940112.50$0
Jan 1994184112.66$2,329
Dec 1993176112.33$2,170
Nov 1993172114.49$2,492
Oct 19930115.85$0
Sep 1993172115.03$2,585
Aug 1993164115.66$2,568
Jul 1993168115.46$2,597
Jun 19930016.79$0
May 19930117.68$0
Apr 1993173118.05$3,123
Mar 1993175118.14$3,175
Feb 19930117.90$0
Jan 1993167116.93$2,827

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.

Aug 2009 — as filed, then multipliedworked
Oil                   75 bbl  × $ 67.42 =     $5,057
Casinghead gas         0 Mcf  × $  3.22 =         $0

────────────────────────────────────────────────────
Month total                                   $5,057

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/24298 is the state's own key, not one this site invented.