SNEED, J. T.

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 292265District 10Field 68831001GasSaveExport
Value, all time
$594 k
Dec 2021 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
54
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
GasProduction137,431 Mcf$593,985
Total$593,985

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 35.7476, -101.6642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74761, -101.66421 · 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
2,850 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 2,850 ft.

Completions filed
Dec 2021
1 of 1 wells

1 well

42-3413363672A2,850 ftDec 2021

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 (54)

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

54 months

May 20260106.413.05$0
Apr 20262,30198.932.87$6,603
Mar 20262,01089.753.15$6,330
Feb 20261,34263.503.75$5,033
Jan 20262,60059.138.00$20,795
Dec 20252,80456.664.41$12,375
Nov 20251,71758.593.93$6,742
Oct 2025059.383.30$0
Sep 202535962.743.08$1,105
Aug 20254363.933.01$130
Jul 20251,07066.743.32$3,547
Jun 20252,32266.483.13$7,265
May 20252,69860.553.23$8,721
Apr 20251,45662.363.54$5,159
Mar 20252,56367.704.27$10,940
Feb 20252,47170.884.34$10,726
Jan 20252,31774.324.28$9,914
Dec 20242,69168.993.12$8,400
Nov 20242,54769.052.20$5,599
Oct 202483171.372.28$1,896
Sep 20242,53969.612.36$6,003
Aug 20242,39175.632.06$4,934
Jul 20242,80779.932.15$6,025
Jun 20242,73378.082.63$7,199
May 20242,85778.812.20$6,281
Apr 20242,91784.451.66$4,840
Mar 20242,83980.301.55$4,387
Feb 20241,68976.091.78$3,013
Jan 20242,08073.023.30$6,859
Dec 20233,10471.262.61$8,104
Nov 20233,08177.892.81$8,650
Oct 20233,42485.443.09$10,571
Sep 20231,22189.042.74$3,339
Aug 20232,90180.522.67$7,754
Jul 202399274.852.64$2,621
Jun 2023068.962.26$0
May 20232,71670.622.23$6,050
Apr 20233,30778.122.24$7,400
Mar 20233,46872.852.39$8,299
Feb 20233,27275.112.47$8,068
Jan 20233,06476.533.39$10,380
Dec 20223,45076.415.73$19,765
Nov 20223,90285.005.65$22,031
Oct 20222,12987.185.86$12,484
Sep 20223,96884.888.16$32,393
Aug 20224,25894.529.13$38,863
Jul 20224,000101.587.54$30,168
Jun 20224,057115.097.98$32,364
May 20224,715109.378.43$39,762
Apr 20225,024104.226.84$34,352
Mar 20225,730108.885.08$29,088
Feb 20224,32991.054.86$21,034
Jan 20224,32581.844.54$19,625
Dec 2021071.323.90$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 2026 — as filed, then multipliedworked
Gas                2,301 Mcf  × $  2.87 =     $6,603

────────────────────────────────────────────────────
Month total                                   $6,603

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/292265 is the state's own key, not one this site invented.