SNEED P

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 292655District 10Field 68831001GasSaveExport
Value, all time
$139 k
Oct 2021 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
56
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
GasProduction35,353 Mcf$138,993
Total$138,993

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 35.6776, -101.8473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.67761, -101.84726 · 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
2,789 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 2,789 ft.

Completions filed
Oct 2021
1 of 1 wells

1 well

42-34133630S 52D2,789 ftOct 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 (56)

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

56 months

May 20260106.413.05$0
Apr 202658098.932.87$1,664
Mar 202653489.753.15$1,682
Feb 202654763.503.75$2,051
Jan 202651959.138.00$4,151
Dec 202566856.664.41$2,948
Nov 202567858.593.93$2,662
Oct 202568459.383.30$2,261
Sep 202577762.743.08$2,391
Aug 202555963.933.01$1,685
Jul 202574266.743.32$2,460
Jun 202546266.483.13$1,445
May 202574560.553.23$2,408
Apr 202564762.363.54$2,292
Mar 202550467.704.27$2,151
Feb 202558970.884.34$2,557
Jan 202564374.324.28$2,751
Dec 202458368.993.12$1,820
Nov 202460769.052.20$1,334
Oct 202456071.372.28$1,278
Sep 202466369.612.36$1,568
Aug 202465575.632.06$1,352
Jul 202461179.932.15$1,312
Jun 202471578.082.63$1,883
May 202469178.812.20$1,519
Apr 202467184.451.66$1,113
Mar 202462980.301.55$972
Feb 202454576.091.78$972
Jan 202450673.023.30$1,669
Dec 202361371.262.61$1,600
Nov 202362677.892.81$1,758
Oct 202366785.443.09$2,059
Sep 202367989.042.74$1,857
Aug 202374680.522.67$1,994
Jul 202374074.852.64$1,955
Jun 202370668.962.26$1,594
May 202367670.622.23$1,506
Apr 202364778.122.24$1,448
Mar 202369372.852.39$1,658
Feb 202366275.112.47$1,632
Jan 202362276.533.39$2,107
Dec 202269476.415.73$3,976
Nov 202265785.005.65$3,710
Oct 202272187.185.86$4,228
Sep 202290084.888.16$7,347
Aug 202275694.529.13$6,900
Jul 2022927101.587.54$6,992
Jun 2022289115.097.98$2,305
May 2022913109.378.43$7,699
Apr 2022729104.226.84$4,985
Mar 2022670108.885.08$3,401
Feb 202289891.054.86$4,363
Jan 202280981.844.54$3,671
Dec 202199971.323.90$3,895
Nov 2021077.435.24$0
Oct 2021079.795.71$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                  580 Mcf  × $  2.87 =     $1,664

────────────────────────────────────────────────────
Month total                                   $1,664

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/292655 is the state's own key, not one this site invented.