SNEED -C-

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 288240District 10Field 68831001GasSaveExport
Value, all time
$585 k
Jul 2019 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
83
no gaps in the span
Streams
1
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.

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
GasProduction166,433 Mcf$585,042
Total$585,042

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 35.6901, -101.8065. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.69014, -101.80648 · 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
2,769 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 2,769 ft.

Completions filed
Jul 2019
1 of 1 wells

1 well

42-3413353847D2,769 ftJul 2019

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 (83)

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

83 months

May 20260106.413.05$0
Apr 20262,12798.932.87$6,104
Mar 20262,13389.753.15$6,718
Feb 20261,82963.503.75$6,859
Jan 20261,93959.138.00$15,508
Dec 202558156.664.41$2,564
Nov 2025058.593.93$0
Oct 2025359.383.30$10
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 202514466.743.32$477
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 20257662.363.54$269
Mar 2025067.704.27$0
Feb 202560670.884.34$2,631
Jan 2025074.324.28$0
Dec 202444268.993.12$1,380
Nov 20241,82369.052.20$4,008
Oct 20242,02671.372.28$4,622
Sep 20241,94669.612.36$4,601
Aug 20241,94475.632.06$4,012
Jul 20242,02979.932.15$4,355
Jun 20241,86378.082.63$4,907
May 20241,85278.812.20$4,072
Apr 20241,76884.451.66$2,933
Mar 20241,84080.301.55$2,843
Feb 20241,63876.091.78$2,922
Jan 20241,44773.023.30$4,772
Dec 20231,28971.262.61$3,365
Nov 20231,40277.892.81$3,936
Oct 20231,78685.443.09$5,514
Sep 20231,78489.042.74$4,879
Aug 20231,79680.522.67$4,800
Jul 202382974.852.64$2,190
Jun 20231,74868.962.26$3,948
May 20231,73570.622.23$3,865
Apr 20231,67978.122.24$3,757
Mar 20231,64272.852.39$3,930
Feb 20231,61675.112.47$3,985
Jan 20232,02376.533.39$6,853
Dec 20221,91976.415.73$10,994
Nov 20222,06185.005.65$11,637
Oct 20222,43087.185.86$14,249
Sep 20222,46084.888.16$20,083
Aug 20222,53694.529.13$23,146
Jul 20222,636101.587.54$19,881
Jun 20222,362115.097.98$18,842
May 20222,409109.378.43$20,315
Apr 20222,447104.226.84$16,732
Mar 20222,504108.885.08$12,711
Feb 20222,23691.054.86$10,864
Jan 20222,85781.844.54$12,964
Dec 20212,65171.323.90$10,337
Nov 20212,75377.435.24$14,417
Oct 20212,91679.795.71$16,662
Sep 20212,94969.865.35$15,780
Aug 20213,10666.024.22$13,109
Jul 20212,14870.783.98$8,554
Jun 20212,94269.493.38$9,946
May 20212,97463.483.02$8,975
Apr 20212,98760.362.76$8,239
Mar 20212,90261.302.72$7,885
Feb 20212,21157.805.55$12,267
Jan 20213,09650.412.81$8,701
Dec 20203,31444.642.68$8,866
Nov 20202,96438.772.71$8,022
Oct 20203,73736.972.48$9,262
Sep 20203,79737.091.99$7,560
Aug 20203,88539.982.39$9,266
Jul 20203,67138.371.83$6,700
Jun 20203,79534.901.69$6,415
May 20203,96916.921.81$7,203
Apr 20203,33814.751.80$6,023
Mar 20203,01930.341.86$5,604
Feb 20202,62849.881.98$5,205
Jan 20202,81357.252.09$5,893
Dec 20192,27159.012.30$5,233
Nov 20192,81355.302.75$7,738
Oct 20193,04453.472.42$7,362
Sep 20192,59955.052.66$6,906
Aug 20191,44153.112.30$3,321
Jul 20191,45856.272.46$3,587

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 2026 — as filed, then multipliedworked
Gas                2,127 Mcf  × $  2.87 =     $6,104

────────────────────────────────────────────────────
Month total                                   $6,104

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/288240 is the state's own key, not one this site invented.