PERKINS

Name: PERKINS lease production and value, Oct 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the TOTO (LIME M-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235689District 7BField 90813630CondensateGasSave Export

Value, all time

$26 k

Oct 2007 – Jan 2016

Value, last 12 filed months

at the published price for each month

Months reported

100

no gaps in the span

Streams

condensate, gas

The TOTO (LIME M-1) field

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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered

1951-04-14

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFF. 1-1-80 PER AMENDMENT TO SWR 28 & 29”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1 bbl	$114
Gas	Production	3,891 Mcf	$26,353
Total			$26,467

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 32.8986, -97.8276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.89858, -97.82755 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

3,071 ft

1 wells filed one

Completion to plug

8.2 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 3,071 ft.

Completions filed

Nov 2007

1 of 1 wells

Plug dates filed

Jan 2016

1 of 1 wells

Last completion to plug: a median of 8.2 years across the 1 well that filed both dates, with the middle half between 8.2 years and 8.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36734446	2	3,071 ft	Nov 2007	Jan 2016	Yes

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 (100)

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

100 months


Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	43	94.83	4.15	$178
Apr 2013	0	6	93.96	4.28	$26
Mar 2013	0	115	93.62	3.91	$450
Feb 2013	0	22	91.23	3.42	$75
Jan 2013	0	18	91.60	3.42	$62
Dec 2012	0	41	86.77	3.42	$140
Nov 2012	0	7	86.95	3.62	$25
Oct 2012	0	10	89.38	3.40	$34
Sep 2012	0	1	94.67	2.92	$3
Aug 2012	0	56	92.66	2.91	$163
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	3	101.65	2.00	$6
Mar 2012	0	23	105.05	2.22	$51
Feb 2012	0	18	101.10	2.57	$46
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	46	96.87	3.24	$149
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	17	105.96	4.33	$74
Mar 2011	0	67	96.36	4.06	$272
Feb 2011	0	17	85.64	4.18	$71
Jan 2011	0	7	86.50	4.59	$32
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	18	81.69	4.12	$74
Mar 2010	0	163	78.39	4.39	$715
Feb 2010	0	112	73.58	5.44	$610
Jan 2010	0	300	74.36	5.96	$1,789
Dec 2009	0	76	71.44	5.48	$417
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	5	65.54	3.06	$15
Aug 2009	0	27	67.42	3.22	$87
Jul 2009	0	29	61.13	3.46	$100
Jun 2009	0	42	66.16	3.90	$164
May 2009	0	59	54.74	3.93	$232
Apr 2009	0	58	46.77	3.59	$208
Mar 2009	0	144	42.14	4.06	$585
Feb 2009	0	150	32.81	4.63	$695
Jan 2009	0	119	35.86	5.37	$639
Dec 2008	0	40	37.10	5.98	$239
Nov 2008	0	222	55.49	6.86	$1,523
Oct 2008	0	265	75.24	6.92	$1,834
Sep 2008	0	46	101.76	7.88	$362
Aug 2008	1	136	114.22	8.48	$1,268
Jul 2008	0	187	131.08	11.39	$2,130
Jun 2008	0	166	131.33	13.03	$2,163
May 2008	0	111	123.17	11.57	$1,285
Apr 2008	0	112	110.31	10.45	$1,171
Mar 2008	0	137	101.90	9.66	$1,324
Feb 2008	0	151	92.53	8.77	$1,324
Jan 2008	0	43	90.38	8.21	$353
Dec 2007	0	110	88.33	7.30	$803
Nov 2007	0	285	91.67	7.29	$2,078
Oct 2007	0	61	82.85	6.92	$422

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.

May 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 94.83 =         $0
Gas                   43 Mcf  × $  4.15 =       $178

────────────────────────────────────────────────────
Month total                                     $178

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. 7B/G/235689 is the state's own key, not one this site invented.