BURNETT -G-

Operated by MISTEX OPERATING, INC. (P-5 570432) in the PANHANDLE CARSON COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1760District 10Field 68845001NGPA filingOilCasinghead gasSaveExport
Value, all time
$22 k
Jan 1993 – Dec 1995
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
36
no gaps in the span
Streams
2
oil, casinghead 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 580 leases and 3,796 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
NGPA3none

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
OilDisposition1,386 bbl$21,789
Casinghead gasProduction20,704 Mcf$0
Total$21,789

20,704 Mcf of this lease's gas, across 33 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 (5)

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 35.6075, -101.4210. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles. 1 well has no surveyed location and is left out of it.

35.60720, -101.42150 · centre of 4 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
3,193 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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

Between 3,182 and 3,204 ft, median 3,193 ft, over the 2 wells that filed a depth.

Completions filed
May 1957 – May 1976
2 of 5 wells; 3 filed none
Plug dates filed
Apr 1991
1 of 5 wells; 4 filed none

5 wells

42-065818751Apr 1991Yes
42-065025783
42-065025814
42-065025835D3,204 ftMay 1976
42-0650014423,182 ftMay 1957

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 (36)

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

36 months

Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19951461,42316.18$2,362
Aug 19951171,36115.92$1,863
Jul 199511531715.24$1,753
Jun 1995971,28516.41$1,592
May 19957881517.56$1,370
Apr 1995581,20017.73$1,028
Mar 1995371,34016.44$608
Feb 19953777816.58$613
Jan 19951861015.92$287
Dec 19941460815.03$210
Nov 19942551815.90$398
Oct 19942657815.58$405
Sep 19942661915.29$398
Aug 19942523216.13$403
Jul 19942643517.56$457
Jun 19942650117.09$444
May 19942621615.88$413
Apr 19945666614.14$792
Mar 19942568512.46$312
Feb 19947854612.50$975
Jan 19945165112.66$646
Dec 19932661512.33$321
Nov 19932859314.49$406
Oct 19932635615.85$412
Sep 19932639815.03$391
Aug 19932631915.66$407
Jul 19932560315.46$387
Jun 19932644816.79$437
May 19932741717.68$477
Apr 19931761318.05$307
Mar 19931753618.14$308
Feb 19931829617.90$322
Jan 19931712616.93$288

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.

Sep 1995 — as filed, then multipliedworked
Oil                  146 bbl  × $ 16.18 =     $2,362
Casinghead gas     1,423 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,362

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/O/1760 is the state's own key, not one this site invented.