PHILLIPS, OTIS B.

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

Gas lease lease 23902District 10Field 68831001NGPA filingCondensateGasSaveExport
Value, all time
$334 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
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 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition105 bbl$7,298
GasProduction92,881 Mcf$326,243
Total$333,541

19,549 Mcf of this lease's gas, across 46 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 36.0256, -101.6256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.02562, -101.62558 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,295 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 3,295 ft.

Completions filed
Nov 1946
1 of 1 wells

1 well

42-3418019413,295 ftNov 1946

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202301578.122.24$34
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230676.533.39$20
Dec 20220976.415.73$52
Nov 20220085.005.65$0
Oct 202214687.185.86$357
Sep 202203384.888.16$269
Aug 202203694.529.13$329
Jul 2022163101.587.54$577
Jun 20221101115.097.98$921
May 2022187109.378.43$843
Apr 2022193104.226.84$740
Mar 20221117108.885.08$703
Feb 202219991.054.86$572
Jan 2022210881.844.54$654
Dec 2021112871.323.90$570
Nov 2021113477.435.24$779
Oct 2021112879.795.71$811
Sep 202105069.865.35$268
Aug 202115466.024.22$294
Jul 202114870.783.98$262
Jun 202115369.493.38$249
May 2021110163.483.02$368
Apr 202125760.362.76$278
Mar 202115961.302.72$222
Feb 202103757.805.55$205
Jan 202114350.412.81$171
Dec 202013944.642.68$149
Nov 202001738.772.71$46
Oct 202013636.972.48$126
Sep 202014637.091.99$129
Aug 202015039.982.39$159
Jul 202009338.371.83$170
Jun 2020111734.901.69$233
May 202021816.921.81$67
Apr 20201014.751.80$15
Mar 202014230.341.86$108
Feb 20200049.881.98$0
Jan 202015257.252.09$166
Dec 201914959.012.30$172
Nov 20191055.302.75$55
Oct 20191153.472.42$56
Sep 20191155.052.66$58
Aug 20191153.112.30$55
Jul 20191156.272.46$59
Jun 20191252.782.49$58
May 20191058.482.74$58
Apr 201916362.632.75$236
Mar 2019114256.803.06$492
Feb 2019213650.852.79$481
Jan 2019614346.033.23$738
Dec 20181212346.594.19$1,074
Nov 2018112052.934.24$561
Oct 2018116061.443.40$605
Sep 2018113059.543.11$464
Aug 2018027559.403.07$843
Jul 2018135765.142.93$1,112
Jun 2018324160.183.08$922
May 2018121665.382.90$692
Apr 2018119963.842.90$641
Mar 2018562861.222.79$2,056
Feb 2018053161.782.77$1,469
Jan 2018034062.874.01$1,363
Dec 2017029857.272.92$871
Nov 2017019255.423.12$599
Oct 2017021249.292.98$633
Sep 2017015947.523.09$491
Aug 2017012245.373.00$367
Jul 2017015343.873.09$472
Jun 2017017042.493.09$525
May 2017018045.373.26$587
Apr 2017016547.933.21$530
Mar 2017018246.772.98$543
Feb 2017015850.452.95$467
Jan 2017015649.413.42$533
Dec 2016019148.763.72$711
Nov 2016018642.492.64$492
Oct 2016019346.193.09$596
Sep 2016019941.553.10$617
Aug 2016018841.442.92$550
Jul 2016020541.622.92$599
Jun 2016019245.352.69$516
May 2016018942.521.99$376
Apr 2016018036.561.99$358
Mar 2016018633.011.79$334
Feb 2016014926.472.06$307
Jan 2016021327.352.36$504
Dec 2015020432.362.00$408
Nov 2015017538.792.17$379
Oct 2015019943.552.43$483
Sep 2015019142.992.76$527
Aug 2015016540.162.87$474
Jul 2015019748.152.95$580
Jun 2015020256.152.88$582
May 2015021155.212.96$624
Apr 2015022149.822.71$598
Mar 2015019742.892.93$578
Feb 2015019344.662.98$574
Jan 2015021143.433.10$654
Dec 2014017354.693.59$621
Nov 2014017570.464.25$744
Oct 2014015378.303.90$597
Sep 2014018486.164.05$744
Aug 2014019789.394.04$795
Jul 2014019496.564.18$811
Jun 2014020998.164.74$990
May 2014023294.734.73$1,097
Apr 2014018895.944.81$904
Mar 2014020595.895.06$1,037
Feb 2014018697.406.19$1,152
Jan 2014022190.404.86$1,074
Dec 2013021891.824.35$949
Nov 2013019988.853.74$744
Oct 2013420297.423.78$1,153
Sep 20130198104.113.72$736
Aug 20134210104.253.52$1,157
Jul 20133175102.523.72$958
Jun 2013718894.403.93$1,400
May 2013620394.834.15$1,411
Apr 2013720593.964.28$1,536
Mar 2013024693.623.91$963
Feb 2013021991.233.42$749
Jan 2013024791.603.42$845
Dec 2012024486.773.42$835
Nov 2012022686.953.62$819
Oct 2012024689.383.40$836
Sep 2012026794.672.92$779
Aug 2012025192.662.91$730
Jul 2012027485.133.02$828
Jun 2012026979.822.52$678
May 2012024591.612.49$610
Apr 20120245101.652.00$489
Mar 20120198105.052.22$440
Feb 20120193101.102.57$496
Jan 2012022598.092.73$615
Dec 2011025696.873.24$829
Nov 2011019295.723.31$636
Oct 2011022884.983.65$832
Sep 2011021883.623.99$869
Aug 2011021283.404.15$880
Jul 2011029094.144.52$1,310
Jun 2011023192.904.64$1,072
May 2011026298.134.40$1,154
Apr 20110218105.964.33$945
Mar 2011026196.364.06$1,059
Feb 2011019785.644.18$823
Jan 2011028186.504.59$1,289
Dec 2010025285.734.35$1,096
Nov 2010023380.843.80$884
Oct 2010025178.103.51$881
Sep 2010026472.633.98$1,051
Aug 2010029673.684.42$1,308
Jul 2010017072.554.74$805
Jun 2010024870.364.91$1,218
May 2010023671.124.24$1,000
Apr 2010024181.694.12$994
Mar 2010028978.394.39$1,268
Feb 2010026073.585.44$1,415
Jan 2010023374.365.96$1,390
Dec 2009025471.445.48$1,393
Nov 2009021174.593.75$792
Oct 2009025072.544.11$1,028
Sep 2009025765.543.06$788
Aug 2009027067.423.22$869
Jul 2009025861.133.46$894
Jun 2009025666.163.90$997
May 2009025654.743.93$1,005
Apr 2009027146.773.59$972
Mar 2009026942.144.06$1,092
Feb 2009021032.814.63$973
Jan 2009028235.865.37$1,515
Dec 2008028137.105.98$1,680
Nov 2008027355.496.86$1,873
Oct 2008022075.246.92$1,523
Sep 20080267101.767.88$2,103
Aug 20080266114.228.48$2,256
Jul 20080277131.0811.39$3,155
Jun 20080243131.3313.03$3,167
May 20080273123.1711.57$3,160
Apr 20080279110.3110.45$2,917
Mar 20080284101.909.66$2,745
Feb 2008027692.538.77$2,421
Jan 2008026490.388.21$2,166
Dec 2007031188.337.30$2,271
Nov 2007025591.677.29$1,859
Oct 2007037482.856.92$2,589
Sep 2007031575.846.24$1,967
Aug 2007036869.066.39$2,351
Jul 2007036270.906.39$2,312
Jun 2007037562.007.55$2,831
May 2007035058.747.85$2,746
Apr 2007015759.617.81$1,225
Mar 2007027056.927.30$1,972
Feb 2007023155.108.22$1,898
Jan 2007028250.306.73$1,897
Dec 2006024556.656.92$1,695
Nov 2006026854.207.62$2,041
Oct 2006030354.906.01$1,822
Sep 2006019660.085.04$987
Aug 2006029068.717.34$2,129
Jul 2006032569.376.34$2,061
Jun 2006029166.286.38$1,858
May 2006032266.016.42$2,069
Apr 2006029164.397.36$2,142
Mar 2006030556.707.08$2,160
Feb 2006024357.597.75$1,884
Jan 2006026660.598.93$2,376
Dec 2005027754.9413.42$3,716
Nov 2005024554.6910.59$2,594
Oct 2005032258.3413.80$4,442
Sep 2005019861.4512.08$2,392
Aug 2005028661.519.80$2,802
Jul 2005027155.697.84$2,126
Jun 2005027552.337.38$2,030
May 2005027145.226.65$1,802
Apr 2005027349.207.36$2,009
Mar 2005027550.377.15$1,968
Feb 2005023845.226.31$1,502
Jan 2005027043.166.32$1,707
Dec 2004025439.866.75$1,715
Nov 2004025145.286.33$1,589
Oct 2004027949.706.52$1,818
Sep 2004027543.245.28$1,453
Aug 2004026642.375.55$1,476
Jul 2004028538.286.08$1,734
Jun 2004025736.106.43$1,653
May 2004027837.486.49$1,805
Apr 2004024934.475.86$1,459
Mar 2004027334.365.53$1,510
Feb 2004025632.455.51$1,410
Jan 2004035232.036.30$2,217
Dec 2003028630.266.30$1,802
Nov 2003030928.804.60$1,420
Oct 2003022328.174.76$1,061
Sep 2003027026.314.75$1,282
Aug 2003030229.765.13$1,549
Jul 2003030429.415.17$1,572
Jun 2003025528.565.98$1,526
May 2003029326.595.97$1,750
Apr 2003024826.675.41$1,341
Mar 2003028331.146.10$1,725
Feb 2003024533.487.93$1,942
Jan 2003027530.315.58$1,535
Dec 2002029226.914.85$1,417
Nov 2002026724.664.14$1,105
Oct 2002023326.464.23$985
Sep 2002028527.443.64$1,036
Aug 2002027825.963.16$880
Jul 2002030524.583.06$934
Jun 2002029823.733.34$995
May 2002026324.663.58$943
Apr 2002025923.653.51$910
Mar 2002031822.003.10$987
Feb 2002027918.222.38$663
Jan 2002032117.172.38$763
Dec 2001030216.932.36$714
Nov 2001029018.072.41$698
Oct 2001028919.782.53$731
Sep 2001030524.262.25$687
Aug 2001032424.873.05$989
Jul 2001032823.933.20$1,049
Jun 2001032324.563.82$1,235
May 2001035825.524.31$1,542
Apr 2001025424.685.34$1,355
Mar 2001033324.545.38$1,790
Feb 2001030827.755.77$1,776
Jan 2001032327.478.40$2,713
Dec 2000033026.889.12$3,010
Nov 2000029832.215.66$1,686
Oct 2000032631.235.15$1,677
Sep 2000031431.875.19$1,629
Aug 2000031829.644.54$1,444
Jul 2000034628.534.09$1,415
Jun 2000033629.304.40$1,477
May 2000026427.263.68$971
Apr 2000032324.513.12$1,006
Mar 2000034428.422.86$984
Feb 2000032227.622.73$878
Jan 2000034125.272.48$846
Dec 1999032624.282.42$790
Nov 1999032923.192.43$801
Oct 1999035620.982.80$998
Sep 1999035421.752.62$927
Aug 1999018819.262.88$541
Jul 1999024417.892.37$579
Jun 1999035915.942.36$848
May 1999036915.792.32$856
Apr 1999035815.102.21$790
Mar 1999037012.471.84$680
Feb 199903339.981.82$605
Jan 1999036910.381.90$701
Dec 199803339.201.77$591
Nov 1998035710.892.19$780
Oct 1998037512.421.97$738
Sep 1998036812.592.08$766
Aug 1998038711.301.91$738
Jul 1998039311.742.24$879
Jun 1998037111.242.24$830
May 1998039612.622.21$874
Apr 1998040713.042.51$1,020
Mar 1998039612.802.31$915
Feb 1998035913.952.30$825
Jan 1998041114.702.15$886
Dec 1997041416.322.41$998
Nov 1997041118.193.09$1,269
Oct 1997042719.253.15$1,345
Sep 1997041217.742.95$1,217
Aug 1997041017.862.55$1,047
Jul 1997047417.582.25$1,065
Jun 1997047017.242.26$1,061
May 1997048218.972.31$1,113
Apr 1997058717.882.08$1,223
Mar 1997034218.951.94$663
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996023323.31$0
Sep 1996039922.22$0
Aug 1996042520.26$0
Jul 1996043419.55$0
Jun 1996035018.73$0
May 1996042819.43$0
Apr 1996043721.51$0
Mar 1996042219.38$0
Feb 1996039416.98$0
Jan 1996042117.07$0
Dec 1995039117.19$0
Nov 1995043516.00$0
Oct 1995045815.43$0
Sep 1995033716.18$0
Aug 1995048315.92$0
Jul 1995050015.24$0
Jun 1995046716.41$0
May 1995031717.56$0
Apr 1995048317.73$0
Mar 1995049816.44$0
Feb 1995044716.58$0
Jan 1995036815.92$0
Dec 1994033215.03$0
Nov 1994049815.90$0
Oct 1994044915.58$0
Sep 1994043015.29$0
Aug 1994042516.13$0
Jul 1994047717.56$0
Jun 1994028317.09$0
May 1994028515.88$0
Apr 1994041414.14$0
Mar 1994041212.46$0
Feb 1994036712.50$0
Jan 1994044112.66$0
Dec 1993047012.33$0
Nov 1993043514.49$0
Oct 1993048015.85$0
Sep 1993048115.03$0
Aug 1993043315.66$0
Jul 1993046215.46$0
Jun 1993047316.79$0
May 1993041317.68$0
Apr 1993050118.05$0
Mar 1993051418.14$0
Feb 1993045117.90$0
Jan 1993049616.93$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.

Apr 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.12 =         $0
Gas                   15 Mcf  × $  2.24 =        $34

────────────────────────────────────────────────────
Month total                                      $34

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. 10/G/23902 is the state's own key, not one this site invented.