BURKS, T. J., ESTATE

Operated by FOUNDATION ENERGY MANAGEMENT LLC (P-5 280875) in the POTTSVILLE (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 40273District 7BField 72721333CondensateGasSave
Value, all time
$151 k
Jan 1993 – Jul 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
343
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition275 bbl$20,199
GasProduction42,748 Mcf$130,359
Total$150,558

10,070 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 (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 31.6980, -98.3723. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69804, -98.37228 · 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
2,698 ft
1 wells filed one
Completion to plug
54.8 years
median over 1 wells

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 2,698 ft.

Completions filed
Sep 1966
1 of 1 wells
Plug dates filed
Jul 2021
1 of 1 wells

Last completion to plug: a median of 54.8 years across the 1 well that filed both dates, with the middle half between 54.8 years and 54.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1932000322,698 ftSep 1966Jul 2021Yes

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 (343)

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

343 months

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 20197053.472.42$374
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 201902256.803.06$67
Feb 201904350.852.79$120
Jan 201905946.033.23$190
Dec 201808446.594.19$352
Nov 201807552.934.24$318
Oct 201809261.443.40$313
Sep 2018117259.543.11$879
Aug 201806859.403.07$209
Jul 201807265.142.93$211
Jun 201807060.183.08$215
May 2018010565.382.90$305
Apr 201809063.842.90$261
Mar 2018034261.222.79$953
Feb 2018031861.782.77$880
Jan 2018022962.874.01$918
Dec 2017061657.272.92$1,800
Nov 2017038555.423.12$1,201
Oct 201712149.292.98$594
Sep 2017017547.523.09$540
Aug 2017017145.373.00$514
Jul 2017019743.873.09$608
Jun 2017013842.493.09$426
May 20171120245.373.26$1,158
Apr 20170647.933.21$19
Mar 20170046.772.98$0
Feb 2017044350.452.95$1,308
Jan 201707249.413.42$246
Dec 201607148.763.72$264
Nov 2016126242.492.64$674
Oct 201604646.193.09$142
Sep 201604641.553.10$143
Aug 201616241.442.92$223
Jul 201604741.622.92$137
Jun 201605845.352.69$156
May 201608842.521.99$175
Apr 201607036.561.99$139
Mar 201608433.011.79$151
Feb 201608026.472.06$165
Jan 2016117227.352.36$471
Dec 201505432.362.00$108
Nov 201504938.792.17$106
Oct 201505443.552.43$131
Sep 201505442.992.76$149
Aug 201504840.162.87$138
Jul 201504748.152.95$138
Jun 201504256.152.88$121
May 201504555.212.96$133
Apr 201503649.822.71$97
Mar 201503642.892.93$106
Feb 201503044.662.98$89
Jan 201504243.433.10$130
Dec 201405754.693.59$205
Nov 201404570.464.25$191
Oct 201404878.303.90$187
Sep 201404886.164.05$194
Aug 201404689.394.04$186
Jul 201404396.564.18$180
Jun 201404198.164.74$194
May 201403194.734.73$147
Apr 201403595.944.81$168
Mar 201452895.895.06$621
Feb 201401497.406.19$87
Jan 2014021690.404.86$1,050
Dec 2013145891.824.35$1,538
Nov 201309088.853.74$336
Oct 20130297.423.78$8
Sep 2013064104.113.72$238
Aug 2013082104.253.52$289
Jul 2013077102.523.72$286
Jun 201307494.403.93$291
May 201307994.834.15$328
Apr 2013136493.964.28$1,496
Mar 201307293.623.91$282
Feb 201307991.233.42$270
Jan 201308291.603.42$280
Dec 201208586.773.42$291
Nov 201209486.953.62$341
Oct 2012147789.383.40$1,513
Sep 201208194.672.92$236
Aug 201207192.662.91$206
Jul 201209185.133.02$275
Jun 201209279.822.52$232
May 201209691.612.49$239
Apr 20121384101.652.00$1,489
Mar 2012070105.052.22$156
Feb 2012069101.102.57$177
Jan 201207698.092.73$208
Dec 201109196.873.24$295
Nov 20111411195.723.31$1,708
Oct 2011011484.983.65$416
Sep 201108283.623.99$327
Aug 2011010783.404.15$444
Jul 2011011694.144.52$524
Jun 201108892.904.64$408
May 2011131,36398.134.40$7,279
Apr 2011095105.964.33$412
Mar 201109396.364.06$377
Feb 201103785.644.18$155
Jan 2011149286.504.59$1,633
Dec 2010011785.734.35$509
Nov 2010011680.843.80$440
Oct 2010011678.103.51$407
Sep 2010011672.633.98$462
Aug 20101111773.684.42$1,328
Jul 2010015272.554.74$720
Jun 2010011570.364.91$565
May 2010011471.124.24$483
Apr 2010138381.694.12$1,404
Mar 201009578.394.39$417
Feb 201005173.585.44$278
Jan 2010139174.365.96$1,509
Dec 2009010971.445.48$598
Nov 2009013174.593.75$491
Oct 2009013272.544.11$543
Sep 2009012665.543.06$386
Aug 20091312967.423.22$1,292
Jul 2009013161.133.46$454
Jun 2009011666.163.90$452
May 20091311554.743.93$1,163
Apr 2009010646.773.59$380
Mar 200909442.144.06$382
Feb 200909832.814.63$454
Jan 20091311435.865.37$1,078
Dec 2008019137.105.98$1,142
Nov 200808855.496.86$604
Oct 200808575.246.92$588
Sep 2008089101.767.88$701
Aug 2008077114.228.48$653
Jul 2008081131.0811.39$923
Jun 2008069131.3313.03$899
May 20081468123.1711.57$2,511
Apr 2008050110.3110.45$523
Mar 2008040101.909.66$387
Feb 2008019892.538.77$1,737
Jan 200805090.388.21$410
Dec 200705088.337.30$365
Nov 200705791.677.29$416
Oct 200704682.856.92$318
Sep 200705575.846.24$343
Aug 200755869.066.39$716
Jul 200705770.906.39$364
Jun 200704962.007.55$370
May 200704258.747.85$330
Apr 200705359.617.81$414
Mar 200704556.927.30$329
Feb 200702155.108.22$173
Jan 200703950.306.73$262
Dec 200605856.656.92$401
Nov 200605054.207.62$381
Oct 200606354.906.01$379
Sep 200646060.085.04$543
Aug 200605368.717.34$389
Jul 200605969.376.34$374
Jun 200605666.286.38$358
May 200605666.016.42$360
Apr 20060064.397.36$0
Mar 200602856.707.08$198
Feb 200604157.597.75$318
Jan 200606960.598.93$616
Dec 200555454.9413.42$999
Nov 200507054.6910.59$741
Oct 200506858.3413.80$938
Sep 200507561.4512.08$906
Aug 200557461.519.80$1,033
Jul 200517255.697.84$620
Jun 200507352.337.38$539
May 200507245.226.65$479
Apr 200506049.207.36$442
Mar 200507650.377.15$544
Feb 200507945.226.31$499
Jan 200507943.166.32$499
Dec 200407139.866.75$479
Nov 200405845.286.33$367
Oct 200406849.706.52$443
Sep 200405543.245.28$291
Aug 200406742.375.55$372
Jul 200407238.286.08$438
Jun 200406036.106.43$386
May 200405737.486.49$370
Apr 200407234.475.86$422
Mar 200406734.365.53$371
Feb 200404532.455.51$248
Jan 200405332.036.30$334
Dec 200305530.266.30$347
Nov 200308328.804.60$381
Oct 200306828.174.76$324
Sep 200308826.314.75$418
Aug 200308429.765.13$431
Jul 200308429.415.17$434
Jun 200308228.565.98$491
May 2003011126.595.97$663
Apr 2003016126.675.41$871
Mar 200309531.146.10$579
Feb 2003017833.487.93$1,411
Jan 2003021230.315.58$1,183
Dec 200203226.914.85$155
Nov 2002021224.664.14$877
Oct 2002029926.464.23$1,265
Sep 2002035427.443.64$1,287
Aug 2002020225.963.16$639
Jul 2002020624.583.06$631
Jun 200208423.733.34$280
May 200207724.663.58$276
Apr 200206723.653.51$235
Mar 200204622.003.10$143
Feb 200208718.222.38$207
Jan 2002018517.172.38$440
Dec 2001014416.932.36$340
Nov 2001014118.072.41$339
Oct 2001021519.782.53$544
Sep 2001019424.262.25$437
Aug 200101,35524.873.05$4,137
Jul 200101,24323.933.20$3,974
Jun 200101,22824.563.82$4,696
May 2001020725.524.31$892
Apr 2001023624.685.34$1,259
Mar 2001022724.545.38$1,220
Feb 2001012527.755.77$721
Jan 200101027.478.40$84
Dec 2000014726.889.12$1,341
Nov 2000018632.215.66$1,052
Oct 2000019531.235.15$1,003
Sep 2000018231.875.19$944
Aug 2000018529.644.54$840
Jul 2000016828.534.09$687
Jun 2000017629.304.40$774
May 2000016027.263.68$589
Apr 2000015624.513.12$486
Mar 2000017128.422.86$489
Feb 2000016527.622.73$450
Jan 2000021625.272.48$536
Dec 1999017224.282.42$417
Nov 1999015423.192.43$375
Oct 1999015720.982.80$440
Sep 1999019521.752.62$511
Aug 1999018419.262.88$529
Jul 1999012217.892.37$289
Jun 1999014115.942.36$333
May 1999017115.792.32$397
Apr 1999010615.102.21$234
Mar 1999013712.471.84$252
Feb 199901719.981.82$311
Jan 199901210.381.90$23
Dec 199801369.201.77$241
Nov 1998017710.892.19$387
Oct 1998018012.421.97$354
Sep 1998022012.592.08$458
Aug 1998022011.301.91$420
Jul 1998017411.742.24$389
Jun 1998012911.242.24$289
May 1998014912.622.21$329
Apr 199808913.042.51$223
Mar 199806712.802.31$155
Feb 1998010613.952.30$244
Jan 1998010614.702.15$228
Dec 1997010516.322.41$253
Nov 1997017918.193.09$553
Oct 1997022519.253.15$709
Sep 1997018817.742.95$556
Aug 1997020717.862.55$529
Jul 1997018417.582.25$413
Jun 1997015817.242.26$357
May 1997018318.972.31$422
Apr 1997014117.882.08$294
Mar 1997015618.951.94$303
Feb 19970520.492.21$11
Jan 199703623.483.54$127
Dec 1996013223.32$0
Nov 1996019521.97$0
Oct 1996021323.31$0
Sep 1996022522.22$0
Aug 1996019720.26$0
Jul 1996019319.55$0
Jun 1996020818.73$0
May 1996016619.43$0
Apr 1996014921.51$0
Mar 1996010819.38$0
Feb 199609616.98$0
Jan 199608117.07$0
Dec 1995015717.19$0
Nov 1995013116.00$0
Oct 1995022315.43$0
Sep 1995016716.18$0
Aug 1995019315.92$0
Jul 1995013215.24$0
Jun 1995017216.41$0
May 1995019517.56$0
Apr 1995014317.73$0
Mar 1995011816.44$0
Feb 1995015216.58$0
Jan 1995017315.92$0
Dec 1994023915.03$0
Nov 1994028415.90$0
Oct 1994029515.58$0
Sep 1994029015.29$0
Aug 1994030116.13$0
Jul 1994030117.56$0
Jun 1994029517.09$0
May 1994027615.88$0
Apr 1994027614.14$0
Mar 1994022112.46$0
Feb 1994020012.50$0
Jan 1994017212.66$0
Dec 1993025312.33$0
Nov 1993030314.49$0
Oct 1993023315.85$0
Sep 1993027515.03$0
Aug 1993030015.66$0
Jul 1993027015.46$0
Jun 1993017416.79$0
May 1993027217.68$0
Apr 1993027718.05$0
Mar 1993023718.14$0
Feb 1993017517.90$0
Jan 1993023216.93$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.

Oct 2019 — as filed, then multipliedworked
Condensate             7 bbl  × $ 53.47 =       $374
Gas                    0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                     $374

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/40273 is the state's own key, not one this site invented.