GEORGE -C- IE -C-

Operated by BURK ROYALTY COMPANY (P-5 108800) in the PERRYTON, NORTH (GEORGE MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2946District 10Field 70745500OilCasinghead gasSaveExport
Value, all time
$68 k
Jan 1993 – Jul 1997
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
55
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 11 leases and 47 wells, and the rule below applies to all of them.

Discovered
1958-07-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1960-01-25.

The Commission's schedule remark for this field reads: GAS PRORATED

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
OilDisposition4,316 bbl$68,370
Casinghead gasProduction21 Mcf$0
Total$68,370

21 Mcf of this lease's gas, across 21 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 36.4881, -100.8591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.48812, -100.85908 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,670 ft
1 wells filed one
Completion to plug
33.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,670 ft.

Completions filed
Jan 1964
1 of 1 wells
Plug dates filed
Jun 1997
1 of 1 wells

Last completion to plug: a median of 33.4 years across the 1 well that filed both dates, with the middle half between 33.4 years and 33.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3578106617,670 ftJan 1964Jun 1997Yes

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 (55)

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

55 months

Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 199690023.32$2,099
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 1995192015.43$2,963
Sep 19950016.18$0
Aug 1995198015.92$3,152
Jul 19950015.24$0
Jun 1995189016.41$3,101
May 19950017.56$0
Apr 1995196017.73$3,475
Mar 1995197016.44$3,239
Feb 19950016.58$0
Jan 1995203015.92$3,232
Dec 1994204015.03$3,066
Nov 19940015.90$0
Oct 1994201015.58$3,132
Sep 1994200115.29$3,058
Aug 19940116.13$0
Jul 1994194117.56$3,407
Jun 1994196117.09$3,350
May 19940115.88$0
Apr 1994189114.14$2,672
Mar 1994193112.46$2,405
Feb 1994192112.50$2,400
Jan 19940112.66$0
Dec 1993197112.33$2,429
Nov 1993194114.49$2,811
Oct 19930115.85$0
Sep 1993187115.03$2,811
Aug 19930115.66$0
Jul 1993190115.46$2,937
Jun 1993139116.79$2,334
May 1993187117.68$3,306
Apr 19930118.05$0
Mar 1993197118.14$3,574
Feb 1993191117.90$3,419
Jan 19930116.93$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.

Dec 1996 — as filed, then multipliedworked
Oil                   90 bbl  × $ 23.32 =     $2,099
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,099

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/2946 is the state's own key, not one this site invented.