BURNETT, S.B. ESTATE "Y"

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

Oil lease lease 66894District 8AField 92060500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Nov 1996
Value, last 12 filed months
$0
at the published price for each month
Months reported
47
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 24 leases and 131 wells, and the rule below applies to all of them.

Discovered
1972-07-17
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.

StreamBasisVolumeValue
OilDisposition64,285 bbl$1,051,782
Casinghead gasProduction17,155 Mcf$0
Total$1,051,782

17,155 Mcf of this lease's gas, across 33 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 33.4614, -100.0876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

33.46139, -100.08758 · 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
50.0%
1 of 2 wells
Median depth
5,758 ft
2 wells filed one
Completion to plug
18.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 5,566 and 5,950 ft, median 5,758 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1992 – Apr 2017
2 of 2 wells
Plug dates filed
Jan 2011
1 of 2 wells; 1 filed none

Last completion to plug: a median of 18.9 years across the 1 well that filed both dates, with the middle half between 18.9 years and 18.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-26932096275,566 ftApr 2017Yes
42-26930228115,950 ftFeb 1992Jan 2011Yes

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 (47)

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

47 months

Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19954015.43$62
Sep 199539310216.18$6,359
Aug 199539010015.92$6,209
Jul 199539813515.24$6,066
Jun 19953907516.41$6,400
May 19953407417.56$5,970
Apr 199536210517.73$6,418
Mar 199538013816.44$6,247
Feb 199532111816.58$5,322
Jan 199534210615.92$5,445
Dec 199436015615.03$5,411
Nov 199443526415.90$6,917
Oct 199442131915.58$6,559
Sep 199444538315.29$6,804
Aug 199444337016.13$7,146
Jul 199444832717.56$7,867
Jun 199482555317.09$14,099
May 199479943415.88$12,688
Apr 199482134014.14$11,609
Mar 199484619512.46$10,541
Feb 19947826912.50$9,775
Jan 199476625512.66$9,698
Dec 199383933712.33$10,345
Nov 199378334314.49$11,346
Oct 19935,3821,56715.85$85,305
Sep 19935,5262,42315.03$83,056
Aug 19936,4262,08115.66$100,631
Jul 19935,4211,01215.46$83,809
Jun 19934,36155916.79$73,221
May 19934,60357817.68$81,381
Apr 19934,3691,00218.05$78,860
Mar 19935,6611,26518.14$102,691
Feb 19934,9391,09617.90$88,408
Jan 19935,26427416.93$89,120

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 1995 — as filed, then multipliedworked
Oil                    4 bbl  × $ 15.43 =        $62
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                      $62

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/66894 is the state's own key, not one this site invented.