BEGGS #34-1

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

Oil lease lease 68539District 8AField 06810500OilSaveExport
Value, all time
$776 k
Feb 2003 – Dec 2009
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
83
no gaps in the span
Streams
1
oil

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 2 leases and 3 wells, and the rule below applies to all of them.

Discovered
1982-06-17
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition15,221 bbl$776,153
Total$776,153

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 33.1585, -101.0443. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.15845, -101.04425 · 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
7,755 ft
2 wells filed one
Completion to plug
4.4 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 7,718 and 7,791 ft, median 7,755 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2003 – Oct 2007
2 of 2 wells
Plug dates filed
Oct 2009 – Nov 2009
2 of 2 wells

Last completion to plug: a median of 4.4 years across the 2 wells that filed both dates, with the middle half between 3.2 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1693384527,791 ftOct 2007Oct 2009Yes
42-1693367317,718 ftFeb 2003Nov 2009Yes

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 (83)

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

83 months

Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 200917572.544.11$12,695
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 200918566.163.90$12,240
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 200918542.144.06$7,796
Feb 2009032.814.63$0
Jan 200918635.865.37$6,670
Dec 2008037.105.98$0
Nov 200818555.496.86$10,266
Oct 200818675.246.92$13,995
Sep 20080101.767.88$0
Aug 2008180114.228.48$20,560
Jul 2008193131.0811.39$25,298
Jun 20080131.3313.03$0
May 2008122123.1711.57$15,027
Apr 2008126110.3110.45$13,899
Mar 2008241101.909.66$24,558
Feb 200824892.538.77$22,947
Jan 200837790.388.21$34,073
Dec 200751388.337.30$45,313
Nov 200749191.677.29$45,010
Oct 200726982.856.92$22,287
Sep 200720775.846.24$15,699
Aug 200743369.066.39$29,903
Jul 200714870.906.39$10,493
Jun 200738162.007.55$23,622
May 200736158.747.85$21,205
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 200718555.108.22$10,194
Jan 2007050.306.73$0
Dec 200618356.656.92$10,367
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 200618666.286.38$12,328
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 200618957.597.75$10,885
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 200518761.4512.08$11,491
Aug 200519061.519.80$11,687
Jul 2005055.697.84$0
Jun 200519052.337.38$9,943
May 2005045.226.65$0
Apr 200518749.207.36$9,200
Mar 200517450.377.15$8,764
Feb 2005045.226.31$0
Jan 200519143.166.32$8,244
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 200418642.375.55$7,881
Jul 2004038.286.08$0
Jun 200418136.106.43$6,534
May 200417737.486.49$6,634
Apr 200419134.475.86$6,584
Mar 200418234.365.53$6,254
Feb 200435732.455.51$11,585
Jan 200419132.036.30$6,118
Dec 200357530.266.30$17,400
Nov 200338128.804.60$10,973
Oct 200376128.174.76$21,437
Sep 200393626.314.75$24,626
Aug 200318229.765.13$5,416
Jul 200337029.415.17$10,882
Jun 200337628.565.98$10,739
May 200353926.595.97$14,332
Apr 200374026.675.41$19,736
Mar 20031,11431.146.10$34,690
Feb 200352833.487.93$17,677

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 2009 — as filed, then multipliedworked
Oil                  175 bbl  × $ 72.54 =    $12,695

────────────────────────────────────────────────────
Month total                                  $12,695

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/68539 is the state's own key, not one this site invented.