BURNETT, S. B. ESTATE "XA1"

Name: BURNETT, S. B. ESTATE "XA1" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HUNT OIL COMPANY (P-5 416330) in the ANNE TANDY (STRAWN, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 61234District 8AField 03025500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.6 M

Jan 1993 – Sep 2005

Value, last 12 filed months

at the published price for each month

Months reported

153

no gaps in the span

Streams

oil, casinghead gas

The ANNE TANDY (STRAWN, LO.) 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 14 leases and 116 wells, and the rule below applies to all of them.

Discovered

1972-09-26

as the register files it

Field class

Oil

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “ INTO THE ANNE TANDY (STRAWN) FIELD.”

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
Oil	Disposition	155,357 bbl	$2,555,784
Casinghead gas	Production	15,956 Mcf	$2,568
Total			$2,558,353

14,930 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 (3)

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 33.4351, -100.1044. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.43462, -100.10460 · 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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

5,826 ft

3 wells filed one

Completion to plug

21.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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 5,800 and 5,875 ft, median 5,826 ft, over the 3 wells that filed a depth.

Completions filed

Jun 1974 – Jan 1984

3 of 3 wells

Plug dates filed

Jul 2000 – Aug 2005

3 of 3 wells

Last completion to plug: a median of 21.8 years across the 3 wells that filed both dates, with the middle half between 19.2 years and 24.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-26930221	6A	5,800 ft	Jan 1984	Jul 2000	Yes
42-26931140	8A	5,826 ft	Oct 1983	Aug 2005	Yes
42-26930200	4 A	5,875 ft	Jun 1974	Jul 2001	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 (153)

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

153 months


Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	435	14	29.30	4.40	$12,807
May 2000	403	19	27.26	3.68	$11,056
Apr 2000	419	16	24.51	3.12	$10,320
Mar 2000	452	13	28.42	2.86	$12,883
Feb 2000	511	7	27.62	2.73	$14,133
Jan 2000	440	2	25.27	2.48	$11,124
Dec 1999	529	1	24.28	2.42	$12,847
Nov 1999	635	3	23.19	2.43	$14,733
Oct 1999	583	5	20.98	2.80	$12,245
Sep 1999	679	4	21.75	2.62	$14,779
Aug 1999	627	3	19.26	2.88	$12,085
Jul 1999	688	4	17.89	2.37	$12,318
Jun 1999	729	7	15.94	2.36	$11,637
May 1999	714	4	15.79	2.32	$11,283
Apr 1999	599	5	15.10	2.21	$9,056
Mar 1999	781	4	12.47	1.84	$9,746
Feb 1999	589	11	9.98	1.82	$5,898
Jan 1999	554	16	10.38	1.90	$5,781
Dec 1998	502	24	9.20	1.77	$4,661
Nov 1998	488	22	10.89	2.19	$5,362
Oct 1998	562	16	12.42	1.97	$7,012
Sep 1998	532	25	12.59	2.08	$6,750
Aug 1998	647	25	11.30	1.91	$7,359
Jul 1998	552	20	11.74	2.24	$6,525
Jun 1998	561	19	11.24	2.24	$6,348
May 1998	688	32	12.62	2.21	$8,753
Apr 1998	762	34	13.04	2.51	$10,022
Mar 1998	815	20	12.80	2.31	$10,478
Feb 1998	668	20	13.95	2.30	$9,365
Jan 1998	750	38	14.70	2.15	$11,107
Dec 1997	762	26	16.32	2.41	$12,499
Nov 1997	774	42	18.19	3.09	$14,209
Oct 1997	727	52	19.25	3.15	$14,159
Sep 1997	761	84	17.74	2.95	$13,748
Aug 1997	726	71	17.86	2.55	$13,148
Jul 1997	747	90	17.58	2.25	$13,334
Jun 1997	697	45	17.24	2.26	$12,118
May 1997	625	28	18.97	2.31	$11,921
Apr 1997	744	55	17.88	2.08	$13,417
Mar 1997	774	26	18.95	1.94	$14,718
Feb 1997	736	31	20.49	2.21	$15,149
Jan 1997	996	43	23.48	3.54	$23,538
Dec 1996	840	44	23.32	—	$19,589
Nov 1996	909	26	21.97	—	$19,971
Oct 1996	902	26	23.31	—	$21,026
Sep 1996	932	15	22.22	—	$20,709
Aug 1996	932	37	20.26	—	$18,882
Jul 1996	934	56	19.55	—	$18,260
Jun 1996	1,014	51	18.73	—	$18,992
May 1996	1,213	115	19.43	—	$23,569
Apr 1996	1,148	94	21.51	—	$24,693
Mar 1996	1,331	90	19.38	—	$25,795
Feb 1996	1,236	90	16.98	—	$20,987
Jan 1996	1,354	102	17.07	—	$23,113
Dec 1995	1,441	92	17.19	—	$24,771
Nov 1995	1,487	108	16.00	—	$23,792
Oct 1995	1,601	120	15.43	—	$24,703
Sep 1995	1,466	109	16.18	—	$23,720
Aug 1995	1,621	123	15.92	—	$25,806
Jul 1995	1,797	172	15.24	—	$27,386
Jun 1995	1,825	94	16.41	—	$29,948
May 1995	1,941	135	17.56	—	$34,084
Apr 1995	2,092	173	17.73	—	$37,091
Mar 1995	2,294	261	16.44	—	$37,713
Feb 1995	2,236	251	16.58	—	$37,073
Jan 1995	2,729	232	15.92	—	$43,446
Dec 1994	2,577	324	15.03	—	$38,732
Nov 1994	2,417	14	15.90	—	$38,430
Oct 1994	1,745	20	15.58	—	$27,187
Sep 1994	2,165	152	15.29	—	$33,103
Aug 1994	2,329	167	16.13	—	$37,567
Jul 1994	2,434	130	17.56	—	$42,741
Jun 1994	2,626	132	17.09	—	$44,878
May 1994	2,968	125	15.88	—	$47,132
Apr 1994	3,484	151	14.14	—	$49,264
Mar 1994	3,501	165	12.46	—	$43,622
Feb 1994	3,466	177	12.50	—	$43,325
Jan 1994	4,196	334	12.66	—	$53,121
Dec 1993	4,524	534	12.33	—	$55,781
Nov 1993	4,371	252	14.49	—	$63,336
Oct 1993	4,861	556	15.85	—	$77,047
Sep 1993	4,920	621	15.03	—	$73,948
Aug 1993	5,274	703	15.66	—	$82,591
Jul 1993	5,216	777	15.46	—	$80,639
Jun 1993	2,653	592	16.79	—	$44,544
May 1993	4,171	1,347	17.68	—	$73,743
Apr 1993	5,700	1,490	18.05	—	$102,885
Mar 1993	6,018	1,606	18.14	—	$109,167
Feb 1993	5,439	502	17.90	—	$97,358
Jan 1993	6,064	1,443	16.93	—	$102,664

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.

Jun 2000 — as filed, then multipliedworked

Oil                  435 bbl  × $ 29.30 =    $12,746
Casinghead gas        14 Mcf  × $  4.40 =        $62

────────────────────────────────────────────────────
Month total                                  $12,807

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. 8A/O/61234 is the state's own key, not one this site invented.