BURNETT, S. B. ESTATE "GG"

Operated by HUNT OIL COMPANY (P-5 416330) in the BIG -N- (TWIN PEAKS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 65469District 8AField 08002750NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.1 M
Jan 1993 – Mar 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
243
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 5 leases and 26 wells, and the rule below applies to all of them.

Discovered
1984-07-01
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1984-12-01.

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

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
OilDisposition197,897 bbl$5,121,557
Casinghead gasProduction18,779 Mcf$14,304
Total$5,135,861

15,673 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 (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 33.5055, -100.0819. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.50552, -100.08185 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,685 ft
2 wells filed one
Completion to plug
16.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 5,400 and 5,970 ft, median 5,685 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1993 – Mar 2000
2 of 2 wells
Plug dates filed
May 2013 – Feb 2014
2 of 2 wells

Last completion to plug: a median of 16.9 years across the 2 wells that filed both dates, with the middle half between 15.0 years and 18.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2693077845,970 ftMar 2000May 2013Yes
42-26931462315,400 ftJul 1993Feb 2014Yes

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 (243)

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

243 months

Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20113096.873.24$291
Nov 201159195.723.31$5,651
Oct 2011261984.983.65$22,213
Sep 2011271883.623.99$22,693
Aug 20113181083.404.15$26,563
Jul 20113321194.144.52$31,304
Jun 20113301092.904.64$30,703
May 2011232898.134.40$22,801
Apr 20111875105.964.33$19,836
Mar 20112941096.364.06$28,370
Feb 2011260985.644.18$22,304
Jan 2011272986.504.59$23,569
Dec 2010299685.734.35$25,659
Nov 2010278680.843.80$22,496
Oct 20103011378.103.51$23,554
Sep 2010298972.633.98$21,680
Aug 20103761573.684.42$27,770
Jul 20103831172.554.74$27,839
Jun 20102871070.364.91$20,242
May 20103151271.124.24$22,454
Apr 20103271181.694.12$26,758
Mar 20103431178.394.39$26,936
Feb 20103061173.585.44$22,575
Jan 20103421274.365.96$25,503
Dec 20093401071.445.48$24,344
Nov 20093241074.593.75$24,205
Oct 20093431672.544.11$24,947
Sep 20093311465.543.06$21,737
Aug 20093371367.423.22$22,762
Jul 20093221161.133.46$19,722
Jun 2009275766.163.90$18,221
May 20093401354.743.93$18,663
Apr 20094072146.773.59$19,111
Mar 20093951542.144.06$16,706
Feb 20093501032.814.63$11,530
Jan 20093601335.865.37$12,979
Dec 20083701537.105.98$13,817
Nov 20083721355.496.86$20,731
Oct 20083981475.246.92$30,042
Sep 200836111101.767.88$36,822
Aug 200836314114.228.48$41,581
Jul 200835113131.0811.39$46,157
Jun 200831112131.3313.03$41,000
May 200836613123.1711.57$45,231
Apr 20082459110.3110.45$27,120
Mar 200828912101.909.66$29,565
Feb 20083181192.538.77$29,521
Jan 20083291190.388.21$29,825
Dec 2007305888.337.30$26,999
Nov 2007311791.677.29$28,560
Oct 2007362982.856.92$30,054
Sep 20073632275.846.24$27,667
Aug 20073603569.066.39$25,085
Jul 2007245770.906.39$17,415
Jun 2007201662.007.55$12,507
May 20073521358.747.85$20,778
Apr 20074111359.617.81$24,601
Mar 20074361456.927.30$24,919
Feb 20073771255.108.22$20,871
Jan 20073991250.306.73$20,150
Dec 2006359956.656.92$20,400
Nov 20063511054.207.62$19,100
Oct 20064681254.906.01$25,765
Sep 20063591460.085.04$21,639
Aug 20063691368.717.34$25,449
Jul 20063691169.376.34$25,667
Jun 2006356866.286.38$23,647
May 2006277866.016.42$18,336
Apr 20063401364.397.36$21,988
Mar 20065091656.707.08$28,974
Feb 20063581257.597.75$20,710
Jan 20064161360.598.93$25,322
Dec 20054101354.9413.42$22,700
Nov 20053581354.6910.59$19,717
Oct 20052801058.3413.80$16,473
Sep 20053321061.4512.08$20,522
Aug 20053731361.519.80$23,071
Jul 20053781455.697.84$21,161
Jun 20053561452.337.38$18,733
May 20053841545.226.65$17,464
Apr 2005372049.207.36$18,302
Mar 20053562450.377.15$18,103
Feb 20052501145.226.31$11,374
Jan 20054321743.166.32$18,753
Dec 20043651339.866.75$14,637
Nov 2004245845.286.33$11,144
Oct 20043691349.706.52$18,424
Sep 20043131343.245.28$13,603
Aug 20042751242.375.55$11,718
Jul 20042371138.286.08$9,139
Jun 20043471336.106.43$12,610
May 20043631537.486.49$13,703
Apr 20043481434.475.86$12,078
Mar 20044281634.365.53$14,795
Feb 20044341932.455.51$14,188
Jan 20044541932.036.30$14,661
Dec 20034981530.266.30$15,164
Nov 20034721828.804.60$13,676
Oct 20034921228.174.76$13,917
Sep 20034881526.314.75$12,911
Aug 20035162129.765.13$15,464
Jul 20035462129.415.17$16,166
Jun 20034041728.565.98$11,640
May 20034751726.595.97$12,732
Apr 20035442126.675.41$14,622
Mar 20035571931.146.10$17,461
Feb 20034801833.487.93$16,213
Jan 20035622130.315.58$17,151
Dec 20025686926.914.85$15,620
Nov 20025786424.664.14$14,518
Oct 20025655026.464.23$15,161
Sep 20026982627.443.64$19,248
Aug 20025015125.963.16$13,167
Jul 20025834924.583.06$14,480
Jun 20025395123.733.34$12,961
May 20025509624.663.58$13,907
Apr 20025368023.653.51$12,957
Mar 20025318222.003.10$11,936
Feb 20024984118.222.38$9,171
Jan 20025592117.172.38$9,648
Dec 20015712716.932.36$9,731
Nov 20015353418.072.41$9,749
Oct 20015283419.782.53$10,530
Sep 20014973724.262.25$12,141
Aug 20015114624.873.05$12,849
Jul 20015284623.933.20$12,782
Jun 20014962424.563.82$12,274
May 20016781525.524.31$17,367
Apr 20016281224.685.34$15,563
Mar 20016571424.545.38$16,198
Feb 20015411627.755.77$15,105
Jan 20015271527.478.40$14,603
Dec 20005781626.889.12$15,683
Nov 20005312232.215.66$17,228
Oct 20005351431.235.15$16,780
Sep 20005362231.875.19$17,196
Aug 20005102029.644.54$15,207
Jul 20004631728.534.09$13,279
Jun 20005381329.304.40$15,821
May 20005161427.263.68$14,118
Apr 20005141224.513.12$12,636
Mar 20004621328.422.86$13,167
Feb 20004931227.622.73$13,649
Jan 2000499825.272.48$12,630
Dec 1999523224.282.42$12,703
Nov 1999498223.192.43$11,553
Oct 1999605920.982.80$12,718
Sep 19995931321.752.62$12,932
Aug 19996461619.262.88$12,488
Jul 1999655717.892.37$11,735
Jun 1999714915.942.36$11,402
May 1999718815.792.32$11,356
Apr 1999748715.102.21$11,310
Mar 1999889512.471.84$11,095
Feb 1999821119.981.82$8,214
Jan 19999281810.381.90$9,667
Dec 19981,007239.201.77$9,305
Nov 19989812210.892.19$10,731
Oct 19981,0012812.421.97$12,488
Sep 1998733712.592.08$9,243
Aug 1998717511.301.91$8,112
Jul 1998851511.742.24$10,002
Jun 1998729411.242.24$8,203
May 1998702412.622.21$8,868
Apr 1998701413.042.51$9,151
Mar 1998765412.802.31$9,801
Feb 1998698513.952.30$9,749
Jan 1998783814.702.15$11,527
Dec 19977851316.322.41$12,843
Nov 19979542318.193.09$17,424
Oct 19979453619.253.15$18,305
Sep 19978903917.742.95$15,904
Aug 19971,022817.862.55$18,273
Jul 19978874517.582.25$15,695
Jun 19979673517.242.26$16,750
May 19971,0044018.972.31$19,138
Apr 19979973117.882.08$17,891
Mar 19971,4893218.951.94$28,279
Feb 19971,3282620.492.21$27,268
Jan 19978021923.483.54$18,898
Dec 19961,3953123.32$32,531
Nov 19961,5097421.97$33,153
Oct 19961,82515123.31$42,541
Sep 19961,9148222.22$42,529
Aug 19962,28819620.26$46,355
Jul 19962,91825719.55$57,047
Jun 19961,75817118.73$32,927
May 19961,71417219.43$33,303
Apr 19961,80911721.51$38,912
Mar 19962,21512119.38$42,927
Feb 19961,88010116.98$31,922
Jan 19962,62111517.07$44,740
Dec 19952,3769517.19$40,843
Nov 19951,9858416.00$31,760
Oct 19953,10918815.43$47,972
Sep 19953,40721216.18$55,125
Aug 19954,24127515.92$67,517
Jul 19954,68226615.24$71,354
Jun 19954,38142716.41$71,892
May 19955,14254317.56$90,294
Apr 19955,42931217.73$96,256
Mar 19955,96221116.44$98,015
Feb 19955,86716916.58$97,275
Jan 19956,02514515.92$95,918
Dec 19944,97428215.03$74,759
Nov 19943,67020815.90$58,353
Oct 19943,03210115.58$47,239
Sep 19942,1145815.29$32,323
Aug 19942,57734716.13$41,567
Jul 19942,0947917.56$36,771
Jun 19941,54116017.09$26,336
May 19941,56117415.88$24,789
Apr 19941,37922114.14$19,499
Mar 19941,36931712.46$17,058
Feb 19941,61068112.50$20,125
Jan 19941,33470412.66$16,888
Dec 19931,28173412.33$15,795
Nov 19931,2411,08414.49$17,982
Oct 19939761,01015.85$15,470
Sep 199370960015.03$10,656
Aug 19936586115.66$1,018
Jul 199316463115.46$2,535
Jun 199332763316.79$5,490
May 199334234717.68$6,047
Apr 199333645018.05$6,065
Mar 199338256218.14$6,929
Feb 199330532017.90$5,460
Jan 199339159416.93$6,620

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.

Dec 2011 — as filed, then multipliedworked
Oil                    3 bbl  × $ 96.87 =       $291
Casinghead gas         0 Mcf  × $  3.24 =         $0

────────────────────────────────────────────────────
Month total                                     $291

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/65469 is the state's own key, not one this site invented.