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 292275District 10Field 68831001GasSaveExport
Value, all time
$485 k
Dec 2021 – May 2026
Value, last 12 filed months
$66 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
GasProduction116,424 Mcf$484,618
Total$484,618

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 35.7292, -101.7057. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72916, -101.70568 · 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
2,800 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 2,800 ft.

Completions filed
Dec 2021
1 of 1 wells

1 well

42-341336455A2,800 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 20262,36698.932.87$6,790
Mar 20262,10689.753.15$6,633
Feb 20261,46263.503.75$5,483
Jan 20262,34959.138.00$18,787
Dec 20252,77156.664.41$12,229
Nov 20251,98858.593.93$7,806
Oct 2025059.383.30$0
Sep 20254762.743.08$145
Aug 20258263.933.01$247
Jul 20251,09966.743.32$3,643
Jun 20251,39266.483.13$4,355
May 20252,50660.553.23$8,100
Apr 20251,30662.363.54$4,627
Mar 20252,29167.704.27$9,779
Feb 20252,00570.884.34$8,703
Jan 20252,25174.324.28$9,631
Dec 20242,55068.993.12$7,959
Nov 20242,30269.052.20$5,061
Oct 202469371.372.28$1,581
Sep 20242,25069.612.36$5,320
Aug 20242,51675.632.06$5,192
Jul 20242,47679.932.15$5,315
Jun 20242,34278.082.63$6,169
May 20242,19178.812.20$4,817
Apr 20242,64884.451.66$4,394
Mar 20242,86580.301.55$4,427
Feb 20241,48576.091.78$2,649
Jan 20243,21073.023.30$10,585
Dec 20232,63571.262.61$6,879
Nov 202327977.892.81$783
Oct 20231,76485.443.09$5,446
Sep 20231,15389.042.74$3,154
Aug 202354280.522.67$1,449
Jul 20236,66074.852.64$17,594
Jun 2023068.962.26$0
May 202385570.622.23$1,904
Apr 20232,89878.122.24$6,485
Mar 20233,04072.852.39$7,275
Feb 20232,77375.112.47$6,837
Jan 20232,57976.533.39$8,737
Dec 20222,58976.415.73$14,833
Nov 20222,87985.005.65$16,255
Oct 20221,46687.185.86$8,596
Sep 20223,10584.888.16$25,348
Aug 20223,11794.529.13$28,449
Jul 20221,155101.587.54$8,711
Jun 20223,276115.097.98$26,133
May 20223,842109.378.43$32,400
Apr 20224,086104.226.84$27,938
Mar 20224,357108.885.08$22,118
Feb 20224,22591.054.86$20,529
Jan 20223,60081.844.54$16,336
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                2,366 Mcf  × $  2.87 =     $6,790

────────────────────────────────────────────────────
Month total                                   $6,790

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/292275 is the state's own key, not one this site invented.