BURLESON "34"

Operated by VAN OPERATING, LTD. (P-5 881442) in the LAKE ALBANY, E. (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23498District 7BField 51381500OilCasinghead gasSaveExport
Value, all time
$148 k
Jan 1993 – Sep 1997
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
57
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1986-02-14
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1988-12-01.

The Commission's schedule remark for this field reads: FLD. RULES MADE PERMANENT PER DKT#7B-94255 EFF. 4/2/90.

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
OilDisposition8,875 bbl$148,252
Casinghead gasProduction39,452 Mcf$0
Total$148,252

39,452 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 32.6621, -99.3448. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.66212, -99.34482 · 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
0.0%
0 of 1 wells
Median depth
4,775 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 4,775 ft.

Completions filed
Apr 2003
1 of 1 wells

1 well

42-4173675524,775 ftApr 2003Yes

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 (57)

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

57 months

Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199770017.582.25$1,231
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 19961861323.32$4,338
Nov 19961851321.97$4,064
Oct 19961831323.31$4,266
Sep 199601322.22$0
Aug 19961811320.26$3,667
Jul 19961801319.55$3,519
Jun 199601318.73$0
May 19961801319.43$3,497
Apr 19961831321.51$3,936
Mar 19961831319.38$3,547
Feb 19961801316.98$3,056
Jan 19961831317.07$3,124
Dec 19951911317.19$3,283
Nov 19953741316.00$5,984
Oct 19953621315.43$5,586
Sep 199501316.18$0
Aug 19951811315.92$2,882
Jul 199501315.24$0
Jun 19951811316.41$2,970
May 19951811317.56$3,178
Apr 19951841317.73$3,262
Mar 19951911316.44$3,140
Feb 19951851316.58$3,067
Jan 199501315.92$0
Dec 19943571315.03$5,366
Nov 19941741315.90$2,767
Oct 19941001315.58$1,558
Sep 19941371415.29$2,095
Aug 19942701416.13$4,355
Jul 199401417.56$0
Jun 19942691417.09$4,597
May 19941221415.88$1,937
Apr 19941291414.14$1,824
Mar 199424651812.46$3,065
Feb 19942482,16412.50$3,100
Jan 19942522,57412.66$3,190
Dec 19932693,47212.33$3,317
Nov 19931343,88814.49$1,942
Oct 19932783,17815.85$4,406
Sep 19932743,14315.03$4,118
Aug 19931093,83815.66$1,707
Jul 199331325815.46$4,839
Jun 19931052,04916.79$1,763
May 19932101,29917.68$3,713
Apr 19932222,77118.05$4,007
Mar 19933193,44818.14$5,787
Feb 19931992,89217.90$3,562
Jan 19932153,52516.93$3,640

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.

Jul 1997 — as filed, then multipliedworked
Oil                   70 bbl  × $ 17.58 =     $1,231
Casinghead gas         0 Mcf  × $  2.25 =         $0

────────────────────────────────────────────────────
Month total                                   $1,231

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/O/23498 is the state's own key, not one this site invented.