BURNETT, S. B.

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 787District 10Field 68887001OilCasinghead gasSaveExport
Value, all time
$421 k
Jan 1993 – Mar 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
195
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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
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 20 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.

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
OilDisposition17,667 bbl$313,945
Casinghead gasProduction77,945 Mcf$107,153
Total$421,098

45,033 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 (4)

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 35.6294, -101.4301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.62942, -101.43008 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
3,148 ft
4 wells filed one
Completion to plug
31.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 3,122 and 3,250 ft, median 3,148 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1977
1 of 4 wells; 3 filed none
Plug dates filed
Sep 2004 – Dec 2008
4 of 4 wells

Last completion to plug: a median of 31.8 years across the 1 well that filed both dates, with the middle half between 31.8 years and 31.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-23301393323,155 ftSep 2004Yes
42-23301394403,140 ftNov 2007Yes
42-23301395683,122 ftSep 2004Yes
42-233302951003,250 ftFeb 1977Dec 2008Yes

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 (195)

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

195 months

Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 200314028.804.60$403
Oct 20030028.174.76$0
Sep 20035026.314.75$132
Aug 20038029.765.13$238
Jul 20039029.415.17$265
Jun 20030028.565.98$0
May 200313026.595.97$346
Apr 20030026.675.41$0
Mar 20038031.146.10$249
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200222127018.222.38$4,668
Jan 200215344417.172.38$3,682
Dec 2001040716.932.36$962
Nov 2001060218.072.41$1,448
Oct 2001074919.782.53$1,894
Sep 2001050024.262.25$1,126
Aug 200116067924.873.05$6,052
Jul 2001062523.933.20$1,998
Jun 200115765024.563.82$6,342
May 2001042325.524.31$1,822
Apr 2001037724.685.34$2,011
Mar 2001049824.545.38$2,677
Feb 200115548927.755.77$7,121
Jan 2001047827.478.40$4,015
Dec 2000099926.889.12$9,113
Nov 2000064032.215.66$3,621
Oct 200015765231.235.15$8,258
Sep 2000071231.875.19$3,693
Aug 200015173329.644.54$7,804
Jul 200016079728.534.09$7,824
Jun 2000091129.304.40$4,006
May 200031953127.263.68$10,650
Apr 2000045924.513.12$1,430
Mar 2000053528.422.86$1,530
Feb 200015849227.622.73$5,705
Jan 200010242525.272.48$3,632
Dec 1999022424.282.42$543
Nov 199916561823.192.43$5,331
Oct 1999051620.982.80$1,447
Sep 199933531621.752.62$8,114
Aug 1999039919.262.88$1,147
Jul 1999055417.892.37$1,314
Jun 1999051315.942.36$1,212
May 199931833315.792.32$5,794
Apr 1999065115.102.21$1,437
Mar 1999077312.471.84$1,421
Feb 19993094499.981.82$3,900
Jan 1999061210.381.90$1,163
Dec 19981577209.201.77$2,721
Nov 1998289010.892.19$1,967
Oct 1998021112.421.97$416
Sep 199817230212.592.08$2,794
Aug 1998022211.301.91$423
Jul 199816425011.742.24$2,485
Jun 199830927511.242.24$4,088
May 1998033912.622.21$748
Apr 199813634013.042.51$2,625
Mar 199811847612.802.31$2,610
Feb 199812138213.952.30$2,566
Jan 19982744814.702.15$4,131
Dec 199715819516.322.41$3,049
Nov 199715238918.193.09$3,966
Oct 199711961519.253.15$4,228
Sep 199716166717.742.95$4,827
Aug 199712075717.862.55$4,077
Jul 199715943017.582.25$3,761
Jun 199711978217.242.26$3,817
May 199712169218.972.31$3,893
Apr 199726963317.882.08$6,128
Mar 199713848018.951.94$3,546
Feb 199729783320.492.21$7,923
Jan 199712194923.483.54$6,200
Dec 199628293423.32$6,576
Nov 199612678821.97$2,768
Oct 199630896723.31$7,179
Sep 199612191422.22$2,689
Aug 199631999620.26$6,463
Jul 199611898519.55$2,307
Jun 199629994518.73$5,600
May 19961201,27119.43$2,332
Apr 19962921,17221.51$6,281
Mar 19962941,13019.38$5,698
Feb 199613992816.98$2,360
Jan 19963061,02417.07$5,223
Dec 199527397617.19$4,693
Nov 199517296816.00$2,752
Oct 19951441,06915.43$2,222
Sep 199529099516.18$4,692
Aug 199512399115.92$1,958
Jul 19952911,00315.24$4,435
Jun 19953191,02916.41$5,235
May 199512768617.56$2,230
Apr 199512997817.73$2,287
Mar 199514292216.44$2,334
Feb 199530766016.58$5,090
Jan 199510370715.92$1,640
Dec 199427977315.03$4,193
Nov 199413095215.90$2,067
Oct 19942781,25715.58$4,331
Sep 19942961,27115.29$4,526
Aug 19944401,13316.13$7,097
Jul 19941211,12817.56$2,125
Jun 199413881617.09$2,358
May 199429127315.88$4,621
Apr 199430087314.14$4,242
Mar 199414184412.46$1,757
Feb 199413962512.50$1,738
Jan 199429474112.66$3,722
Dec 199313691412.33$1,677
Nov 199329283414.49$4,231
Oct 19932951,60015.85$4,676
Sep 199313691215.03$2,044
Aug 19932991,00715.66$4,682
Jul 19932981,08015.46$4,607
Jun 199331198116.79$5,222
May 199331388217.68$5,534
Apr 19933201,01818.05$5,776
Mar 199332498818.14$5,877
Feb 199316262017.90$2,900
Jan 199332647316.93$5,519

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.

Nov 2003 — as filed, then multipliedworked
Oil                   14 bbl  × $ 28.80 =       $403
Casinghead gas         0 Mcf  × $  4.60 =         $0

────────────────────────────────────────────────────
Month total                                     $403

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/787 is the state's own key, not one this site invented.