SNEED, J. T.

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

Gas lease lease 32024District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$867 k
Jan 1993 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
401
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 666 leases and 666 wells, and the rule below applies to all of them.

Discovered
1960-07-15
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 2019-11-19.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THE LOCATION OF PERFORATIONS.

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
NGPA1none

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
GasProduction243,682 Mcf$866,929
Total$866,929

40,353 Mcf of this lease's gas, across 48 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 35.7307, -101.7108. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73068, -101.71078 · 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
2,040 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 2,040 ft.

Completions filed
Sep 1963
1 of 1 wells

1 well

42-341001191132,040 ftSep 1963

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 20260106.413.05$0
Apr 202647098.932.87$1,349
Mar 202653689.753.15$1,688
Feb 202634363.503.75$1,286
Jan 202650259.138.00$4,015
Dec 202551056.664.41$2,251
Nov 202555058.593.93$2,160
Oct 202540759.383.30$1,345
Sep 202544862.743.08$1,378
Aug 202533363.933.01$1,004
Jul 202533666.743.32$1,114
Jun 202544266.483.13$1,383
May 202550360.553.23$1,626
Apr 202542662.363.54$1,509
Mar 202548967.704.27$2,087
Feb 202535070.884.34$1,519
Jan 202547474.324.28$2,028
Dec 202450568.993.12$1,576
Nov 202462169.052.20$1,365
Oct 202415671.372.28$356
Sep 202445769.612.36$1,081
Aug 202447675.632.06$982
Jul 202447979.932.15$1,028
Jun 202446078.082.63$1,212
May 202447078.812.20$1,033
Apr 202446284.451.66$767
Mar 202448580.301.55$749
Feb 202443476.091.78$774
Jan 202445973.023.30$1,514
Dec 202347371.262.61$1,235
Nov 202346977.892.81$1,317
Oct 202352285.443.09$1,612
Sep 202341289.042.74$1,127
Aug 202346780.522.67$1,248
Jul 202361074.852.64$1,612
Jun 2023068.962.26$0
May 202347870.622.23$1,065
Apr 202347178.122.24$1,054
Mar 202348872.852.39$1,168
Feb 202344375.112.47$1,092
Jan 202343976.533.39$1,487
Dec 202248076.415.73$2,750
Nov 202248985.005.65$2,761
Oct 202247687.185.86$2,791
Sep 202247984.888.16$3,910
Aug 202248794.529.13$4,445
Jul 2022502101.587.54$3,786
Jun 2022478115.097.98$3,813
May 2022480109.378.43$4,048
Apr 2022478104.226.84$3,268
Mar 2022483108.885.08$2,452
Feb 202248791.054.86$2,366
Jan 202246081.844.54$2,087
Dec 202148871.323.90$1,903
Nov 202150377.435.24$2,634
Oct 202146779.795.71$2,668
Sep 202149369.865.35$2,638
Aug 202149966.024.22$2,106
Jul 202144170.783.98$1,756
Jun 202138069.493.38$1,285
May 202147663.483.02$1,436
Apr 202150260.362.76$1,385
Mar 202149761.302.72$1,350
Feb 202142957.805.55$2,380
Jan 202151950.412.81$1,459
Dec 202051844.642.68$1,386
Nov 202050838.772.71$1,375
Oct 202051236.972.48$1,269
Sep 202053537.091.99$1,065
Aug 202045239.982.39$1,078
Jul 202050938.371.83$929
Jun 202048634.901.69$821
May 202050716.921.81$920
Apr 202050414.751.80$909
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 202046257.252.09$968
Dec 201948359.012.30$1,113
Nov 201954455.302.75$1,496
Oct 201941453.472.42$1,001
Sep 201955055.052.66$1,462
Aug 201979353.112.30$1,827
Jul 2019056.272.46$0
Jun 201937252.782.49$927
May 201949358.482.74$1,351
Apr 201947662.632.75$1,309
Mar 201945156.803.06$1,381
Feb 201955750.852.79$1,555
Jan 201971446.033.23$2,305
Dec 201855946.594.19$2,340
Nov 201846152.934.24$1,953
Oct 201853661.443.40$1,821
Sep 201847959.543.11$1,489
Aug 201832459.403.07$994
Jul 201860165.142.93$1,762
Jun 201846460.183.08$1,428
May 201852165.382.90$1,511
Apr 201849763.842.90$1,442
Mar 201850461.222.79$1,405
Feb 201845961.782.77$1,270
Jan 201848862.874.01$1,957
Dec 201749257.272.92$1,437
Nov 201751755.423.12$1,612
Oct 201757549.292.98$1,716
Sep 201753547.523.09$1,652
Aug 201751845.373.00$1,556
Jul 201758643.873.09$1,809
Jun 201748042.493.09$1,482
May 201757945.373.26$1,890
Apr 201751647.933.21$1,657
Mar 201755546.772.98$1,656
Feb 201750950.452.95$1,503
Jan 201755049.413.42$1,880
Dec 201653748.763.72$1,999
Nov 201653842.492.64$1,423
Oct 201656946.193.09$1,758
Sep 201652841.553.10$1,637
Aug 201656341.442.92$1,646
Jul 201652241.622.92$1,527
Jun 201651645.352.69$1,386
May 201654142.521.99$1,077
Apr 201651636.561.99$1,027
Mar 201651433.011.79$922
Feb 201651126.472.06$1,055
Jan 201659127.352.36$1,397
Dec 201562332.362.00$1,247
Nov 201554038.792.17$1,170
Oct 201555443.552.43$1,344
Sep 201551342.992.76$1,415
Aug 201555240.162.87$1,586
Jul 201549648.152.95$1,461
Jun 201552356.152.88$1,508
May 201551155.212.96$1,510
Apr 201548949.822.71$1,324
Mar 201558442.892.93$1,714
Feb 201548444.662.98$1,440
Jan 201562043.433.10$1,922
Dec 201446854.693.59$1,681
Nov 201461570.464.25$2,615
Oct 201457278.303.90$2,231
Sep 201455786.164.05$2,253
Aug 201456389.394.04$2,272
Jul 201455596.564.18$2,320
Jun 201453298.164.74$2,520
May 201454094.734.73$2,552
Apr 201452795.944.81$2,534
Mar 201458195.895.06$2,938
Feb 201456797.406.19$3,511
Jan 201459290.404.86$2,878
Dec 201359191.824.35$2,574
Nov 201356588.853.74$2,112
Oct 201355997.423.78$2,113
Sep 2013566104.113.72$2,104
Aug 2013583104.253.52$2,054
Jul 2013578102.523.72$2,149
Jun 201356194.403.93$2,207
May 201357094.834.15$2,365
Apr 201355693.964.28$2,381
Mar 201357493.623.91$2,246
Feb 201349191.233.42$1,679
Jan 201354291.603.42$1,854
Dec 201254486.773.42$1,861
Nov 201251786.953.62$1,874
Oct 201255189.383.40$1,873
Sep 201254094.672.92$1,576
Aug 201254492.662.91$1,582
Jul 201261985.133.02$1,870
Jun 201256679.822.52$1,426
May 201260791.612.49$1,510
Apr 2012586101.652.00$1,170
Mar 2012603105.052.22$1,340
Feb 2012587101.102.57$1,509
Jan 201257398.092.73$1,567
Dec 201161896.873.24$2,002
Nov 201154595.723.31$1,805
Oct 201157384.983.65$2,091
Sep 201156683.623.99$2,256
Aug 201156183.404.15$2,328
Jul 201158394.144.52$2,634
Jun 201150392.904.64$2,334
May 201156098.134.40$2,467
Apr 2011525105.964.33$2,275
Mar 201156096.364.06$2,272
Feb 201147785.644.18$1,994
Jan 201149186.504.59$2,253
Dec 201053185.734.35$2,309
Nov 201060280.843.80$2,285
Oct 201049178.103.51$1,723
Sep 201048172.633.98$1,914
Aug 201050173.684.42$2,214
Jul 201052772.554.74$2,496
Jun 201055070.364.91$2,701
May 201051971.124.24$2,198
Apr 201052781.694.12$2,173
Mar 201058378.394.39$2,559
Feb 201059773.585.44$3,249
Jan 201062374.365.96$3,716
Dec 200955371.445.48$3,033
Nov 200952774.593.75$1,977
Oct 200955172.544.11$2,265
Sep 200953365.543.06$1,634
Aug 200957267.423.22$1,841
Jul 200958761.133.46$2,034
Jun 200956166.163.90$2,185
May 200959954.743.93$2,352
Apr 200957946.773.59$2,077
Mar 200959142.144.06$2,399
Feb 200952932.814.63$2,451
Jan 200962935.865.37$3,378
Dec 200863337.105.98$3,784
Nov 200856955.496.86$3,904
Oct 200859075.246.92$4,084
Sep 2008580101.767.88$4,569
Aug 2008576114.228.48$4,886
Jul 2008564131.0811.39$6,424
Jun 2008511131.3313.03$6,660
May 2008615123.1711.57$7,118
Apr 2008609110.3110.45$6,367
Mar 2008614101.909.66$5,934
Feb 200860592.538.77$5,306
Jan 200873590.388.21$6,031
Dec 200765088.337.30$4,746
Nov 200751591.677.29$3,755
Oct 200758282.856.92$4,029
Sep 200759175.846.24$3,690
Aug 200760269.066.39$3,846
Jul 200761270.906.39$3,909
Jun 200758362.007.55$4,401
May 200761158.747.85$4,794
Apr 200760159.617.81$4,691
Mar 200763456.927.30$4,629
Feb 200753955.108.22$4,428
Jan 200767150.306.73$4,514
Dec 200666556.656.92$4,601
Nov 200657554.207.62$4,380
Oct 200661754.906.01$3,711
Sep 200658660.085.04$2,952
Aug 200659968.717.34$4,397
Jul 200661069.376.34$3,869
Jun 200659666.286.38$3,805
May 200662066.016.42$3,984
Apr 200659564.397.36$4,379
Mar 200663056.707.08$4,462
Feb 200658257.597.75$4,511
Jan 200662060.598.93$5,539
Dec 200567154.9413.42$9,002
Nov 200560054.6910.59$6,353
Oct 200560858.3413.80$8,388
Sep 200559761.4512.08$7,211
Aug 200562461.519.80$6,113
Jul 200563455.697.84$4,973
Jun 200563552.337.38$4,687
May 200564845.226.65$4,310
Apr 200562049.207.36$4,564
Mar 200563550.377.15$4,543
Feb 200557245.226.31$3,610
Jan 200562743.166.32$3,964
Dec 200467239.866.75$4,537
Nov 200467745.286.33$4,286
Oct 200466549.706.52$4,333
Sep 200463243.245.28$3,339
Aug 200465842.375.55$3,652
Jul 200464838.286.08$3,943
Jun 200462036.106.43$3,988
May 200463337.486.49$4,111
Apr 200459834.475.86$3,503
Mar 200462534.365.53$3,456
Feb 200464232.455.51$3,537
Jan 200470432.036.30$4,435
Dec 200370730.266.30$4,455
Nov 200369828.804.60$3,207
Oct 200360328.174.76$2,870
Sep 200365326.314.75$3,101
Aug 200367329.765.13$3,452
Jul 200367129.415.17$3,470
Jun 200363628.565.98$3,805
May 200365326.595.97$3,900
Apr 200361926.675.41$3,347
Mar 200366031.146.10$4,023
Feb 200362533.487.93$4,954
Jan 200378030.315.58$4,354
Dec 200278526.914.85$3,810
Nov 200267924.664.14$2,809
Oct 200272226.464.23$3,053
Sep 200272727.443.64$2,643
Aug 200263925.963.16$2,022
Jul 200266924.583.06$2,048
Jun 200261523.733.34$2,053
May 200265524.663.58$2,348
Apr 200266223.653.51$2,325
Mar 200270922.003.10$2,200
Feb 200268218.222.38$1,620
Jan 200233817.172.38$803
Dec 200169916.932.36$1,653
Nov 200167718.072.41$1,629
Oct 200174919.782.53$1,894
Sep 200166324.262.25$1,493
Aug 200172224.873.05$2,204
Jul 200172623.933.20$2,321
Jun 200170624.563.82$2,700
May 200173825.524.31$3,179
Apr 200165924.685.34$3,516
Mar 200168724.545.38$3,694
Feb 200161627.755.77$3,553
Jan 200167827.478.40$5,694
Dec 200068626.889.12$6,258
Nov 200067132.215.66$3,797
Oct 200070731.235.15$3,638
Sep 200068531.875.19$3,553
Aug 200071329.644.54$3,238
Jul 200071528.534.09$2,924
Jun 200068729.304.40$3,021
May 200072027.263.68$2,649
Apr 200082224.513.12$2,561
Mar 200090128.422.86$2,577
Feb 200083027.622.73$2,263
Jan 200088825.272.48$2,203
Dec 199990024.282.42$2,181
Nov 199986323.192.43$2,101
Oct 199971420.982.80$2,002
Sep 199969321.752.62$1,815
Aug 199971919.262.88$2,068
Jul 199973217.892.37$1,737
Jun 199974015.942.36$1,748
May 199967115.792.32$1,557
Apr 199968415.102.21$1,510
Mar 199971612.471.84$1,316
Feb 19996869.981.82$1,247
Jan 199975710.381.90$1,438
Dec 19988569.201.77$1,518
Nov 199870510.892.19$1,541
Oct 199873112.421.97$1,439
Sep 199871712.592.08$1,493
Aug 199874411.301.91$1,419
Jul 199874811.742.24$1,673
Jun 199874711.242.24$1,671
May 199853512.622.21$1,180
Apr 199875413.042.51$1,889
Mar 199877712.802.31$1,794
Feb 199870213.952.30$1,614
Jan 199878114.702.15$1,683
Dec 199777516.322.41$1,869
Nov 199776118.193.09$2,350
Oct 199780619.253.15$2,539
Sep 199778717.742.95$2,325
Aug 199781717.862.55$2,087
Jul 199793517.582.25$2,101
Jun 199777517.242.26$1,749
May 199789918.972.31$2,075
Apr 199785017.882.08$1,770
Mar 199788618.951.94$1,718
Feb 199777420.492.21$1,707
Jan 199790023.483.54$3,186
Dec 199681223.32$0
Nov 199679721.97$0
Oct 199685623.31$0
Sep 199679422.22$0
Aug 199681520.26$0
Jul 199688319.55$0
Jun 199684818.73$0
May 199679919.43$0
Apr 199677521.51$0
Mar 199678019.38$0
Feb 199675216.98$0
Jan 199677417.07$0
Dec 199580717.19$0
Nov 199580316.00$0
Oct 199586115.43$0
Sep 199581516.18$0
Aug 199588315.92$0
Jul 199589215.24$0
Jun 199587716.41$0
May 199580417.56$0
Apr 199583217.73$0
Mar 199583716.44$0
Feb 199576116.58$0
Jan 199583815.92$0
Dec 199486315.03$0
Nov 199484815.90$0
Oct 199489315.58$0
Sep 199484615.29$0
Aug 199487516.13$0
Jul 199488917.56$0
Jun 199488417.09$0
May 199479015.88$0
Apr 199483814.14$0
Mar 199485912.46$0
Feb 199478212.50$0
Jan 199489212.66$0
Dec 199386812.33$0
Nov 199383314.49$0
Oct 199390015.85$0
Sep 199387215.03$0
Aug 199390415.66$0
Jul 199390915.46$0
Jun 199387016.79$0
May 199383217.68$0
Apr 199387018.05$0
Mar 199386618.14$0
Feb 199379317.90$0
Jan 199388216.93$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 2026 — as filed, then multipliedworked
Gas                  470 Mcf  × $  2.87 =     $1,349

────────────────────────────────────────────────────
Month total                                   $1,349

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/32024 is the state's own key, not one this site invented.