ARGO 542 CO-OP

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

Oil lease lease 65383District 8AField 11308001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$5.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$95 k
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 113 leases and 860 wells, and the rule below applies to all of them.

Discovered
1945-06-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2015-07-14.

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: HORIZONTAL AND STACKED LATERAL RULES.

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
OilDisposition104,912 bbl$5,857,279
Casinghead gasProduction29,104 Mcf$74,940
Total$5,932,219

8,091 Mcf of this lease's gas, across 47 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 33.1299, -102.9207. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.12991, -102.92073 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,490 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
00.0%
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.
2100.0%

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 5,290 and 11,690 ft, median 8,490 ft, over the 2 wells that filed a depth.

Completions filed
May 1985 – May 2008
2 of 2 wells

2 wells

42-5013549125,290 ftMay 2008
42-50132415111,690 ftMay 1985

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 20269763106.413.05$10,514
Apr 202611910198.932.87$12,063
Mar 20261228789.753.15$11,224
Feb 2026986763.503.75$6,474
Jan 20261107459.138.00$7,096
Dec 20251186856.664.41$6,986
Nov 20251024258.593.93$6,141
Oct 20251133659.383.30$6,829
Sep 20251062062.743.08$6,712
Aug 20251052063.933.01$6,773
Jul 20251082266.743.32$7,281
Jun 20251001366.483.13$6,689
May 20251312860.553.23$8,023
Apr 2025132062.363.54$8,232
Mar 2025139067.704.27$9,410
Feb 2025128070.884.34$9,073
Jan 2025153074.324.28$11,371
Dec 2024148068.993.12$10,211
Nov 2024145069.052.20$10,012
Oct 2024153071.372.28$10,920
Sep 2024140069.612.36$9,745
Aug 2024164075.632.06$12,403
Jul 2024165079.932.15$13,188
Jun 2024142078.082.63$11,087
May 2024172078.812.20$13,555
Apr 2024157084.451.66$13,259
Mar 2024168080.301.55$13,490
Feb 2024153076.091.78$11,642
Jan 2024158073.023.30$11,537
Dec 2023162071.262.61$11,544
Nov 2023162077.892.81$12,618
Oct 2023106085.443.09$9,057
Sep 2023155089.042.74$13,801
Aug 2023172080.522.67$13,849
Jul 2023171074.852.64$12,799
Jun 2023183068.962.26$12,620
May 2023200070.622.23$14,124
Apr 2023198078.122.24$15,468
Mar 2023142072.852.39$10,345
Feb 2023133075.112.47$9,990
Jan 2023177076.533.39$13,546
Dec 2022214276.415.73$16,363
Nov 2022311085.005.65$26,435
Oct 2022337087.185.86$29,380
Sep 2022341084.888.16$28,944
Aug 2022333094.529.13$31,475
Jul 20223260101.587.54$33,115
Jun 20222930115.097.98$33,721
May 20222400109.378.43$26,249
Apr 20222610104.226.84$27,201
Mar 202227157108.885.08$29,796
Feb 202226017091.054.86$24,499
Jan 202226818481.844.54$22,768
Dec 202124312871.323.90$17,830
Nov 2021259077.435.24$20,054
Oct 2021295079.795.71$23,538
Sep 2021158069.865.35$11,038
Aug 2021156466.024.22$10,316
Jul 2021166070.783.98$11,749
Jun 2021181069.493.38$12,578
May 20211901563.483.02$12,106
Apr 20211831360.362.76$11,082
Mar 20211901661.302.72$11,690
Feb 20211341457.805.55$7,823
Jan 20211683750.412.81$8,573
Dec 20201554544.642.68$7,040
Nov 20201554138.772.71$6,120
Oct 2020196936.972.48$7,268
Sep 2020141637.091.99$5,242
Aug 20201571139.982.39$6,303
Jul 20201861038.371.83$7,155
Jun 20201842334.901.69$6,460
May 20200816.921.81$15
Apr 2020685014.751.80$1,093
Mar 20201125230.341.86$3,495
Feb 20201031049.881.98$5,157
Jan 2020100257.252.09$5,729
Dec 201911211659.012.30$6,876
Nov 20198813255.302.75$5,229
Oct 201995253.472.42$5,084
Sep 2019100055.052.66$5,505
Aug 20199410653.112.30$5,237
Jul 201910815056.272.46$6,446
Jun 201912312452.782.49$6,801
May 201911412658.482.74$7,012
Apr 201911112062.632.75$7,282
Mar 201911613056.803.06$6,987
Feb 20198612050.852.79$4,708
Jan 201915311446.033.23$7,411
Dec 201812515046.594.19$6,452
Nov 20189315452.934.24$5,575
Oct 201812715061.443.40$8,313
Sep 201812011659.543.11$7,505
Aug 201814617659.403.07$9,212
Jul 20181179865.142.93$7,909
Jun 201812315460.183.08$7,876
May 201813015465.382.90$8,946
Apr 201814113263.842.90$9,384
Mar 201816214261.222.79$10,313
Feb 201817515461.782.77$11,237
Jan 201819115062.874.01$12,610
Dec 20171859457.272.92$10,870
Nov 201719216255.423.12$11,146
Oct 201723518249.292.98$12,126
Sep 201725215847.523.09$12,463
Aug 201722516845.373.00$10,713
Jul 201722516043.873.09$10,365
Jun 201720815842.493.09$9,326
May 201723810845.373.26$11,151
Apr 201724715647.933.21$12,340
Mar 201724215246.772.98$11,772
Feb 201722013050.452.95$11,483
Jan 201722911449.413.42$11,705
Dec 201640013448.763.72$20,003
Nov 201632512242.492.64$14,132
Oct 201627014046.193.09$12,904
Sep 20163393441.553.10$14,191
Aug 2016275041.442.92$11,396
Jul 20162751841.622.92$11,498
Jun 20162669845.352.69$12,326
May 20163109442.521.99$13,368
Apr 201622911636.561.99$8,603
Mar 20162339033.011.79$7,853
Feb 20161779026.472.06$4,871
Jan 201619513827.352.36$5,660
Dec 201522712632.362.00$7,598
Nov 201518213838.792.17$7,359
Oct 201519914243.552.43$9,011
Sep 20152155842.992.76$9,403
Aug 20151639840.162.87$6,828
Jul 20151708648.152.95$8,439
Jun 20151649456.152.88$9,480
May 201516911655.212.96$9,673
Apr 20151639249.822.71$8,370
Mar 20151687242.892.93$7,417
Feb 20151596444.662.98$7,291
Jan 20151744043.433.10$7,681
Dec 20141825854.693.59$10,162
Nov 20141666070.464.25$11,951
Oct 20141777078.303.90$14,132
Sep 20141718486.164.05$15,073
Aug 20141869289.394.04$16,998
Jul 20141838496.564.18$18,022
Jun 20141788098.164.74$17,851
May 20141936094.734.73$18,566
Apr 20141746295.944.81$16,992
Mar 20141756495.895.06$17,104
Feb 20142006697.406.19$19,889
Jan 20142109090.404.86$19,421
Dec 20132105491.824.35$19,517
Nov 20131829288.853.74$16,515
Oct 201319010097.423.78$18,888
Sep 201319690104.113.72$20,740
Aug 201325595104.253.52$26,918
Jul 201325188102.523.72$26,060
Jun 20132763494.403.93$26,188
May 20132715494.834.15$25,923
Apr 20132436093.964.28$23,089
Mar 201328810993.623.91$27,389
Feb 20132906391.233.42$26,672
Jan 201329311691.603.42$27,236
Dec 20123297786.773.42$28,811
Nov 20122751986.953.62$23,980
Oct 20123226089.383.40$28,984
Sep 20122545794.672.92$24,213
Aug 201228914192.662.91$27,189
Jul 201229411585.133.02$25,376
Jun 201227112779.822.52$21,951
May 201227115891.612.49$25,219
Apr 2012286122101.652.00$29,316
Mar 2012272144105.052.22$28,894
Feb 2012237128101.102.57$24,290
Jan 201237216998.092.73$36,952
Dec 201135114796.873.24$34,478
Nov 20113627395.723.31$34,892
Oct 201136311684.983.65$31,271
Sep 201134313483.623.99$29,216
Aug 201134410683.404.15$29,129
Jul 20113674894.144.52$34,766
Jun 20113428792.904.64$32,175
May 20113915998.134.40$38,629
Apr 201142633105.964.33$45,282
Mar 20114411896.364.06$42,568
Feb 201138311185.644.18$33,264
Jan 201138217286.504.59$33,832
Dec 201044622285.734.35$39,201
Nov 201040119580.843.80$33,157
Oct 201041512378.103.51$32,843
Sep 201039918872.633.98$29,728
Aug 201044424873.684.42$33,810
Jul 201044318772.554.74$33,025
Jun 201044114070.364.91$31,716
May 20104634771.124.24$33,128
Apr 201063720481.694.12$52,878
Mar 201068521778.394.39$54,649
Feb 201069725673.585.44$52,679
Jan 201059426174.365.96$45,726
Dec 200968329171.445.48$50,389
Nov 200964922274.593.75$49,242
Oct 200965913872.544.11$48,371
Sep 200964713065.543.06$42,803
Aug 200964312867.423.22$43,763
Jul 200965810661.133.46$40,591
Jun 200962815566.163.90$42,152
May 20096396554.743.93$35,234
Apr 200961112346.773.59$29,018
Mar 20096406342.144.06$27,225
Feb 2009831332.814.63$27,279
Jan 2009900735.865.37$32,312
Dec 20088821337.105.98$32,800
Nov 2008827955.496.86$45,952
Oct 20088941275.246.92$67,348
Sep 20081,4278101.767.88$145,275
Aug 20081,4587114.228.48$166,592
Jul 20081,48910131.0811.39$195,292
Jun 20081,48911131.3313.03$195,694
May 20081,6888123.1711.57$208,004
Apr 200810910110.3110.45$12,128
Mar 200810411101.909.66$10,704
Feb 2008951192.538.77$8,887
Jan 2008104990.388.21$9,473
Dec 2007129788.337.30$11,446
Nov 20071321091.677.29$12,173
Oct 20071311082.856.92$10,923
Sep 20071261075.846.24$9,618
Aug 2007140969.066.39$9,726
Jul 20071391270.906.39$9,932
Jun 20071331062.007.55$8,321
May 2007142858.747.85$8,404
Apr 20071331159.617.81$8,014
Mar 20071381356.927.30$7,950
Feb 20071031255.108.22$5,774
Jan 20071101250.306.73$5,614
Dec 20061021456.656.92$5,875
Nov 20061011554.207.62$5,588
Oct 20061061554.906.01$5,910
Sep 20061461460.085.04$8,842
Aug 20061591268.717.34$11,013
Jul 20061641469.376.34$11,465
Jun 20061621466.286.38$10,827
May 20061711766.016.42$11,397
Apr 20061621264.397.36$10,520
Mar 20061691856.707.08$9,710
Feb 20061471857.597.75$8,605
Jan 20061552060.598.93$9,570
Dec 20051591554.9413.42$8,937
Nov 20051491554.6910.59$8,308
Oct 20051391258.3413.80$8,275
Sep 20051511861.4512.08$9,496
Aug 20051601261.519.80$9,959
Jul 20051501255.697.84$8,448
Jun 20051561252.337.38$8,252
May 20051601445.226.65$7,328
Apr 20051471449.207.36$7,335
Mar 20051882550.377.15$9,648
Feb 20051621545.226.31$7,420
Jan 20051501643.166.32$6,575
Dec 20041542339.866.75$6,294
Nov 20041292545.286.33$5,999
Oct 20041442649.706.52$7,326
Sep 20041472143.245.28$6,467
Aug 20041511042.375.55$6,453
Jul 20041561738.286.08$6,075
Jun 20041371736.106.43$5,055
May 20041792137.486.49$6,845
Apr 20041502834.475.86$5,335
Mar 20041553134.365.53$5,497
Feb 2004252032.455.51$8,177
Jan 20043581932.036.30$11,586
Dec 200302930.266.30$183
Nov 2003362028.804.60$10,426
Oct 2003179128.174.76$5,047
Sep 20031771026.314.75$4,704
Aug 2003173029.765.13$5,148
Jul 2003339329.415.17$9,986
Jun 2003166328.565.98$4,759
May 2003175826.595.97$4,701
Apr 20033524426.675.41$9,626
Mar 20031723231.146.10$5,551
Feb 200317614033.487.93$7,002
Jan 20033434730.315.58$10,659
Dec 200217917326.914.85$5,657
Nov 200216815824.664.14$4,797
Oct 200235217426.464.23$10,050
Sep 200217610627.443.64$5,215
Aug 2002344025.963.16$8,930
Jul 2002159024.583.06$3,908
Jun 2002335023.733.34$7,950
May 2002175024.663.58$4,316
Apr 2002330023.653.51$7,805
Mar 2002523022.003.10$11,506
Feb 20020018.222.38$0
Jan 2002338017.172.38$5,803
Dec 2001167016.932.36$2,827
Nov 2001323018.072.41$5,837
Oct 2001164019.782.53$3,244
Sep 2001353024.262.25$8,564
Aug 2001339024.873.05$8,431
Jul 2001356023.933.20$8,519
Jun 2001368024.563.82$9,038
May 2001333025.524.31$8,498
Apr 2001330024.685.34$8,144
Mar 2001336024.545.38$8,245
Feb 2001335027.755.77$9,296
Jan 2001369027.478.40$10,136
Dec 2000176026.889.12$4,731
Nov 2000340032.215.66$10,951
Oct 2000367031.235.15$11,461
Sep 2000511031.875.19$16,286
Aug 2000332029.644.54$9,840
Jul 2000496028.534.09$14,151
Jun 2000341029.304.40$9,991
May 2000699027.263.68$19,055
Apr 2000327024.513.12$8,015
Mar 2000342028.422.86$9,720
Feb 2000511027.622.73$14,114
Jan 2000342025.272.48$8,642
Dec 1999718024.282.42$17,433
Nov 1999357023.192.43$8,279
Oct 1999331020.982.80$6,944
Sep 19991,053021.752.62$22,903
Aug 19993397619.262.88$6,748
Jul 199971018217.892.37$13,134
Jun 1999024115.942.36$569
May 19991,0516715.792.32$16,751
Apr 199936118015.102.21$5,849
Mar 199935312312.471.84$4,628
Feb 19996751659.981.82$7,036
Jan 199969827310.381.90$7,764
Dec 19983492339.201.77$3,624
Nov 199852431310.892.19$6,390
Oct 199816333012.421.97$2,674
Sep 19985195412.592.08$6,647
Aug 19983444711.301.91$3,977
Jul 1998357111.742.24$4,193
Jun 19985221611.242.24$5,903
May 19981812712.622.21$2,344
Apr 19981751513.042.51$2,320
Mar 19981772612.802.31$2,326
Feb 19987292813.952.30$10,234
Jan 199804914.702.15$106
Dec 1997182116.322.41$2,973
Nov 19973613518.193.09$6,675
Oct 19970719.253.15$22
Sep 1997350117.742.95$6,212
Aug 1997340217.862.55$6,078
Jul 199707817.582.25$175
Jun 19973604317.242.26$6,303
May 19971742918.972.31$3,368
Apr 19973684217.882.08$6,667
Mar 19971704418.951.94$3,307
Feb 19971853020.492.21$3,857
Jan 19971895823.483.54$4,643
Dec 19961763923.32$4,104
Nov 19961902921.97$4,174
Oct 19961794323.31$4,172
Sep 19961734422.22$3,844
Aug 19963538020.26$7,152
Jul 199607819.55$0
Jun 19961734318.73$3,240
May 19963535119.43$6,859
Apr 1996185921.51$3,979
Mar 19963371519.38$6,531
Feb 199601616.98$0
Jan 199602917.07$0
Dec 19953834217.19$6,584
Nov 199506116.00$0
Oct 19953501615.43$5,401
Sep 19950916.18$0
Aug 19953404615.92$5,413
Jul 199506515.24$0
Jun 199503116.41$0
May 19953477717.56$6,093
Apr 199504517.73$0
Mar 199508616.44$0
Feb 19953584316.58$5,936
Jan 19950015.92$0
Dec 199407415.03$0
Nov 1994018915.90$0
Oct 199402015.58$0
Sep 19940815.29$0
Aug 1994024116.13$0
Jul 199434125717.56$5,988
Jun 199407517.09$0
May 199406815.88$0
Apr 1994018514.14$0
Mar 1994043612.46$0
Feb 199435110312.50$4,388
Jan 199448741112.66$6,165
Dec 1993053512.33$0
Nov 1993022314.49$0
Oct 199335520215.85$5,627
Sep 199334136515.03$5,125
Aug 199301,04215.66$0
Jul 199336747015.46$5,674
Jun 199333752916.79$5,658
May 1993032117.68$0
Apr 199336340718.05$6,552
Mar 199333614618.14$6,095
Feb 199334033617.90$6,086
Jan 199333645116.93$5,688

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 2026 — as filed, then multipliedworked
Oil                   97 bbl  × $106.41 =    $10,322
Casinghead gas        63 Mcf  × $  3.05 =       $192

────────────────────────────────────────────────────
Month total                                  $10,514

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/65383 is the state's own key, not one this site invented.