HERRING-HUBER

Operated by BURK ROYALTY CO., LTD. (P-5 108799) 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 987District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$459 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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.

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
OilDisposition2,442 bbl$89,758
Casinghead gasProduction91,859 Mcf$369,150
Total$458,909

13,096 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 (2)

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 35.8722, -101.5573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

35.87217, -101.55731 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
3,315 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
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 3,239 and 3,390 ft, median 3,315 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1949
1 of 2 wells; 1 filed none
Plug dates filed
Mar 1985
1 of 2 wells; 1 filed none

2 wells

42-2338232443,239 ftMar 1985Yes
42-2331167973,390 ftNov 1949

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170157.272.92$3
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201614046.193.09$647
Sep 20168041.553.10$332
Aug 20165041.442.92$207
Jul 20169041.622.92$375
Jun 20167045.352.69$317
May 20166042.521.99$255
Apr 201651236.561.99$207
Mar 201662033.011.79$234
Feb 2016102626.472.06$318
Jan 2016103027.352.36$344
Dec 201562532.362.00$244
Nov 201541138.792.17$179
Oct 201571843.552.43$349
Sep 20156042.992.76$258
Aug 201562540.162.87$313
Jul 201556648.152.95$435
Jun 201597756.152.88$727
May 2015312955.212.96$547
Apr 201564049.822.71$407
Mar 201548142.892.93$409
Feb 201529744.662.98$378
Jan 2015713743.433.10$729
Dec 2014412454.693.59$664
Nov 2014314870.464.25$841
Oct 2014714378.303.90$1,106
Sep 2014516286.164.05$1,086
Aug 2014514789.394.04$1,040
Jul 2014414396.564.18$984
Jun 2014512298.164.74$1,069
May 201458794.734.73$885
Apr 201447695.944.81$749
Mar 201434895.895.06$530
Feb 2014412097.406.19$1,133
Jan 201443790.404.86$541
Dec 201325291.824.35$410
Nov 201343088.853.74$468
Oct 2013316597.423.78$916
Sep 20139201104.113.72$1,684
Aug 20137213104.253.52$1,480
Jul 20137210102.523.72$1,498
Jun 20131220094.403.93$1,919
May 2013718794.834.15$1,440
Apr 2013719393.964.28$1,484
Mar 2013719293.623.91$1,407
Feb 2013412891.233.42$803
Jan 2013312991.603.42$716
Dec 2012819286.773.42$1,351
Nov 2012719286.953.62$1,305
Oct 20121018689.383.40$1,526
Sep 2012918794.672.92$1,398
Aug 2012719292.662.91$1,207
Jul 2012917585.133.02$1,295
Jun 20121219379.822.52$1,444
May 2012313791.612.49$616
Apr 20129197101.652.00$1,308
Mar 20127162105.052.22$1,095
Feb 201210191101.102.57$1,502
Jan 20121119398.092.73$1,607
Dec 20111019296.873.24$1,591
Nov 20111119295.723.31$1,689
Oct 20111119384.983.65$1,639
Sep 2011917983.623.99$1,466
Aug 2011917683.404.15$1,481
Jul 20111019294.144.52$1,809
Jun 20111119292.904.64$1,913
May 20111117698.134.40$1,855
Apr 201110196105.964.33$1,909
Mar 2011718896.364.06$1,437
Feb 2011719285.644.18$1,402
Jan 2011918286.504.59$1,614
Dec 2010617285.734.35$1,262
Nov 2010615680.843.80$1,077
Oct 2010414578.103.51$821
Sep 20101013572.633.98$1,264
Aug 2010614073.684.42$1,061
Jul 2010914272.554.74$1,326
Jun 2010414570.364.91$993
May 2010614671.124.24$1,045
Apr 2010915281.694.12$1,362
Mar 2010314578.394.39$872
Feb 20101111273.585.44$1,419
Jan 2010312374.365.96$957
Dec 20091014271.445.48$1,493
Nov 2009413674.593.75$809
Oct 2009612272.544.11$937
Sep 2009613665.543.06$810
Aug 2009027667.423.22$888
Jul 2009030261.133.46$1,046
Jun 2009028566.163.90$1,110
May 2009025354.743.93$993
Apr 2009024246.773.59$868
Mar 2009027042.144.06$1,096
Feb 20091827532.814.63$1,865
Jan 2009036135.865.37$1,939
Dec 2008035237.105.98$2,104
Nov 2008034155.496.86$2,339
Oct 2008033575.246.92$2,319
Sep 20080355101.767.88$2,796
Aug 20080381114.228.48$3,232
Jul 20080383131.0811.39$4,362
Jun 20080358131.3313.03$4,666
May 20080366123.1711.57$4,236
Apr 20080288110.3110.45$3,011
Mar 20080380101.909.66$3,672
Feb 2008037492.538.77$3,280
Jan 2008039590.388.21$3,241
Dec 2007039888.337.30$2,906
Nov 2007041591.677.29$3,026
Oct 2007039782.856.92$2,748
Sep 2007040775.846.24$2,541
Aug 2007045269.066.39$2,887
Jul 2007045270.906.39$2,887
Jun 2007041962.007.55$3,163
May 2007040058.747.85$3,139
Apr 2007019059.617.81$1,483
Mar 2007038156.927.30$2,782
Feb 2007028355.108.22$2,325
Jan 2007036050.306.73$2,422
Dec 2006031456.656.92$2,172
Nov 2006031054.207.62$2,361
Oct 2006034654.906.01$2,081
Sep 2006033560.085.04$1,687
Aug 2006036168.717.34$2,650
Jul 2006035869.376.34$2,271
Jun 200617435166.286.38$13,773
May 2006040266.016.42$2,583
Apr 2006033364.397.36$2,451
Mar 2006036156.707.08$2,557
Feb 2006027257.597.75$2,108
Jan 2006035360.598.93$3,153
Dec 2005036254.9413.42$4,856
Nov 2005032554.6910.59$3,441
Oct 2005042758.3413.80$5,891
Sep 2005014861.4512.08$1,788
Aug 2005037361.519.80$3,654
Jul 2005037155.697.84$2,910
Jun 2005036652.337.38$2,701
May 2005039045.226.65$2,594
Apr 2005038649.207.36$2,841
Mar 2005043550.377.15$3,112
Feb 2005038145.226.31$2,405
Jan 20054626543.166.32$3,661
Dec 2004038139.866.75$2,572
Nov 2004038545.286.33$2,437
Oct 2004040049.706.52$2,606
Sep 2004038243.245.28$2,018
Aug 2004039442.375.55$2,187
Jul 2004041538.286.08$2,525
Jun 2004039136.106.43$2,515
May 2004042037.486.49$2,728
Apr 2004039734.475.86$2,326
Mar 2004042034.365.53$2,323
Feb 2004040032.455.51$2,204
Jan 2004047032.036.30$2,961
Dec 2003041530.266.30$2,615
Nov 2003042228.804.60$1,939
Oct 2003042428.174.76$2,018
Sep 2003043026.314.75$2,042
Aug 2003045929.765.13$2,355
Jul 200314546829.415.17$6,684
Jun 2003044828.565.98$2,680
May 2003049326.595.97$2,945
Apr 2003035726.675.41$1,930
Mar 2003046831.146.10$2,853
Feb 2003042933.487.93$3,400
Jan 2003046230.315.58$2,579
Dec 2002046226.914.85$2,242
Nov 2002045724.664.14$1,891
Oct 2002043126.464.23$1,823
Sep 2002046327.443.64$1,683
Aug 2002047525.963.16$1,503
Jul 2002051024.583.06$1,562
Jun 2002053423.733.34$1,783
May 2002069224.663.58$2,480
Apr 20020123.653.51$4
Mar 2002051722.003.10$1,604
Feb 200216747618.222.38$4,174
Jan 2002050017.172.38$1,188
Dec 2001052816.932.36$1,248
Nov 2001051818.072.41$1,246
Oct 2001053119.782.53$1,343
Sep 2001054224.262.25$1,220
Aug 2001060324.873.05$1,841
Jul 2001054023.933.20$1,726
Jun 2001056224.563.82$2,149
May 2001061625.524.31$2,653
Apr 2001036124.685.34$1,926
Mar 200114363324.545.38$6,913
Feb 2001043927.755.77$2,532
Jan 2001061827.478.40$5,190
Dec 2000067826.889.12$6,185
Nov 2000059932.215.66$3,389
Oct 2000064531.235.15$3,319
Sep 2000064131.875.19$3,325
Aug 2000068429.644.54$3,106
Jul 2000069028.534.09$2,822
Jun 2000080829.304.40$3,553
May 2000016527.263.68$607
Apr 2000075724.513.12$2,359
Mar 2000076628.422.86$2,191
Feb 2000079627.622.73$2,170
Jan 2000086725.272.48$2,151
Dec 1999091124.282.42$2,208
Nov 199916087223.192.43$5,833
Oct 1999091620.982.80$2,568
Sep 1999086521.752.62$2,265
Aug 1999092019.262.88$2,646
Jul 199911,14417.892.37$2,732
Jun 19991681,14415.942.36$5,380
May 199911,26015.792.32$2,940
Apr 199971,17715.102.21$2,705
Mar 1999141,25412.471.84$2,480
Feb 19991191,3159.981.82$3,578
Jan 1999181,49910.381.90$3,035
Dec 1998121,0719.201.77$2,010
Nov 199815410.892.19$129
Oct 1998012012.421.97$236
Sep 1998013612.592.08$283
Aug 1998014111.301.91$269
Jul 1998018111.742.24$405
Jun 1998118211.242.24$418
May 1998116012.622.21$366
Apr 1998114513.042.51$376
Mar 1998215712.802.31$388
Feb 1998214313.952.30$357
Jan 1998317714.702.15$426
Dec 1997116416.322.41$412
Nov 1997114318.193.09$460
Oct 1997114919.253.15$489
Sep 1997017617.742.95$520
Aug 199712424617.862.55$2,843
Jul 1997014817.582.25$333
Jun 199708117.242.26$183
May 1997029618.972.31$683
Apr 1997024617.882.08$512
Mar 1997023218.951.94$450
Feb 1997027220.492.21$600
Jan 1997023223.483.54$821
Dec 1996029623.32$0
Nov 1996029221.97$0
Oct 1996030423.31$0
Sep 1996015622.22$0
Aug 199617417120.26$3,525
Jul 1996019419.55$0
Jun 1996018318.73$0
May 1996020319.43$0
Apr 1996026521.51$0
Mar 1996029319.38$0
Feb 1996028616.98$0
Jan 1996025717.07$0
Dec 1995017017.19$0
Nov 1995421716.00$64
Oct 1995026015.43$0
Sep 1995023916.18$0
Aug 1995025915.92$0
Jul 1995027715.24$0
Jun 1995025816.41$0
May 1995086617.56$0
Apr 1995027517.73$0
Mar 1995026516.44$0
Feb 199517326316.58$2,868
Jan 1995022215.92$0
Dec 1994011715.03$0
Nov 1994026015.90$0
Oct 1994025315.58$0
Sep 1994022615.29$0
Aug 1994028816.13$0
Jul 1994029117.56$0
Jun 1994032917.09$0
May 1994031915.88$0
Apr 1994032114.14$0
Mar 1994031512.46$0
Feb 1994021512.50$0
Jan 1994022812.66$0
Dec 1993022912.33$0
Nov 199317024214.49$2,463
Oct 1993023615.85$0
Sep 1993029115.03$0
Aug 1993030415.66$0
Jul 1993031115.46$0
Jun 1993028716.79$0
May 1993029017.68$0
Apr 1993033318.05$0
Mar 1993031818.14$0
Feb 1993031417.90$0
Jan 1993030816.93$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 2017 — as filed, then multipliedworked
Oil                    0 bbl  × $ 57.27 =         $0
Casinghead gas         1 Mcf  × $  2.92 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/987 is the state's own key, not one this site invented.