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FINLEY ESTATE

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

Oil lease lease 69582District 8AField 52916500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$13.1 M
May 2010 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
193
no gaps in the span
Streams
2
oil, casinghead gas

The LEEPER (GLORIETA) 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 54 leases and 438 wells, and the rule below applies to all of them.

Discovered
1958-04-08
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
440 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2019-08-20.

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: “WELL SPACING TO ZERO; PRORATION ACRES PLATS REQUIRED”

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
OilDisposition205,678 bbl$13,100,387
Casinghead gasProduction38 Mcf$124
Total$13,100,511

Wells on this lease (6)

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 33.4515, -102.3628. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.45126, -102.36323 · 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
16.7%
1 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
6,652 ft
6 wells filed one
Completion to plug
—
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
116.7%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
466.7%

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 6,600 and 6,748 ft, median 6,652 ft, over the 6 wells that filed a depth.

Completions filed
Aug 2011 – Jun 2019
6 of 6 wells
Plug dates filed
Oct 1989
1 of 6 wells; 5 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-219309145036,650 ftJun 2019—Yes
42-219344855116,658 ftMay 2019——
42-219309665046,654 ftMay 2014——
42-219347765126,600 ftOct 2013——
42-219348085136,650 ftAug 2011——
42-21934286106,748 ftAug 2011Oct 1989—

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 (193)

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

193 months

May 20261,4220106.413.05$151,315
Apr 20261,3283398.932.87$131,474
Mar 20261,217089.753.15$109,226
Feb 20261,379063.503.75$87,567
Jan 20261,384059.138.00$81,836
Dec 20251,538056.664.41$87,143
Nov 20251,414058.593.93$82,846
Oct 20251,647059.383.30$97,799
Sep 20251,376062.743.08$86,330
Aug 20251,646063.933.01$105,229
Jul 20251,330066.743.32$88,764
Jun 20251,685066.483.13$112,019
May 20251,582060.553.23$95,790
Apr 20251,331062.363.54$83,001
Mar 20251,626067.704.27$110,080
Feb 20251,253070.884.34$88,813
Jan 20251,614074.324.28$119,952
Dec 20241,971068.993.12$135,979
Nov 20241,366069.052.20$94,322
Oct 20241,585071.372.28$113,121
Sep 20241,746069.612.36$121,539
Aug 20241,818075.632.06$137,495
Jul 20241,803079.932.15$144,114
Jun 20241,623078.082.63$126,724
May 20241,799078.812.20$141,779
Apr 20241,850084.451.66$156,233
Mar 20242,095080.301.55$168,229
Feb 20241,190076.091.78$90,547
Jan 20241,887073.023.30$137,789
Dec 20231,718071.262.61$122,425
Nov 20231,399077.892.81$108,968
Oct 20231,450085.443.09$123,888
Sep 20231,574089.042.74$140,149
Aug 20231,720080.522.67$138,494
Jul 20231,620074.852.64$121,257
Jun 20231,688068.962.26$116,404
May 20231,598070.622.23$112,851
Apr 20231,469078.122.24$114,758
Mar 20231,774072.852.39$129,236
Feb 20231,669075.112.47$125,359
Jan 20231,498076.533.39$114,642
Dec 20221,722076.415.73$131,578
Nov 20221,306085.005.65$111,010
Oct 20221,345587.185.86$117,286
Sep 20221,744084.888.16$148,031
Aug 20221,578094.529.13$149,153
Jul 20221,7350101.587.54$176,241
Jun 20221,4810115.097.98$170,448
May 20221,7860109.378.43$195,335
Apr 20221,6360104.226.84$170,504
Mar 20221,6770108.885.08$182,592
Feb 20221,760091.054.86$160,248
Jan 20221,447081.844.54$118,422
Dec 20211,313071.323.90$93,643
Nov 20211,294077.435.24$100,194
Oct 20211,585079.795.71$126,467
Sep 20211,257069.865.35$87,814
Aug 20211,237066.024.22$81,667
Jul 20211,444070.783.98$102,206
Jun 20211,319069.493.38$91,657
May 20211,567063.483.02$99,473
Apr 20211,319060.362.76$79,615
Mar 20211,556061.302.72$95,383
Feb 20211,158057.805.55$66,932
Jan 20211,412050.412.81$71,179
Dec 20201,369044.642.68$61,112
Nov 20201,389038.772.71$53,852
Oct 20201,446036.972.48$53,459
Sep 20201,392037.091.99$51,629
Aug 20201,496039.982.39$59,810
Jul 20201,711038.371.83$65,651
Jun 20201,432034.901.69$49,977
May 2020906016.921.81$15,330
Apr 20201,079014.751.80$15,915
Mar 20201,530030.341.86$46,420
Feb 20201,524049.881.98$76,017
Jan 20201,581057.252.09$90,512
Dec 20191,572059.012.30$92,764
Nov 20191,243055.302.75$68,738
Oct 20191,491053.472.42$79,724
Sep 20191,029055.052.66$56,646
Aug 20191,349053.112.30$71,645
Jul 20191,230056.272.46$69,212
Jun 20191,134052.782.49$59,853
May 20191,196058.482.74$69,942
Apr 2019932062.632.75$58,371
Mar 2019852056.803.06$48,394
Feb 2019790050.852.79$40,172
Jan 20191,234046.033.23$56,801
Dec 20181,181046.594.19$55,023
Nov 20181,056052.934.24$55,894
Oct 2018671061.443.40$41,226
Sep 2018616059.543.11$36,677
Aug 2018864059.403.07$51,322
Jul 2018771065.142.93$50,223
Jun 2018678060.183.08$40,802
May 2018820065.382.90$53,612
Apr 2018731063.842.90$46,667
Mar 2018615061.222.79$37,650
Feb 2018514061.782.77$31,755
Jan 2018582062.874.01$36,590
Dec 2017563057.272.92$32,243
Nov 2017528055.423.12$29,262
Oct 2017641049.292.98$31,595
Sep 2017891047.523.09$42,340
Aug 20171,114045.373.00$50,542
Jul 20171,706043.873.09$74,842
Jun 20171,579042.493.09$67,092
May 20171,683045.373.26$76,358
Apr 20171,762047.933.21$84,453
Mar 20171,809046.772.98$84,607
Feb 20171,583050.452.95$79,862
Jan 20171,924049.413.42$95,065
Dec 20162,027048.763.72$98,837
Nov 20162,144042.492.64$91,099
Oct 20162,066046.193.09$95,429
Sep 20162,313041.553.10$96,105
Aug 20162,581041.442.92$106,957
Jul 20162,501041.622.92$104,092
Jun 20161,386045.352.69$62,855
May 2016767042.521.99$32,613
Apr 2016808036.561.99$29,540
Mar 2016877033.011.79$28,950
Feb 2016845026.472.06$22,367
Jan 2016894027.352.36$24,451
Dec 20151,130032.362.00$36,567
Nov 20151,217038.792.17$47,207
Oct 20151,083043.552.43$47,165
Sep 20151,062042.992.76$45,655
Aug 20151,140040.162.87$45,782
Jul 20151,702048.152.95$81,951
Jun 20151,449056.152.88$81,361
May 20151,861055.212.96$102,746
Apr 20151,765049.822.71$87,932
Mar 20151,990042.892.93$85,351
Feb 20151,361044.662.98$60,782
Jan 2015848043.433.10$36,829
Dec 2014777054.693.59$42,494
Nov 2014837070.464.25$58,975
Oct 2014770078.303.90$60,291
Sep 2014818086.164.05$70,479
Aug 2014784089.394.04$70,082
Jul 2014823096.564.18$79,469
Jun 2014850098.164.74$83,436
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
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 201230089.383.40$2,681
Sep 2012219094.672.92$20,733
Aug 2012226092.662.91$20,941
Jul 2012238085.133.02$20,261
Jun 2012229079.822.52$18,279
May 2012231091.612.49$21,162
Apr 20122260101.652.00$22,973
Mar 20122250105.052.22$23,636
Feb 20122220101.102.57$22,444
Jan 2012219098.092.73$21,482
Dec 2011260096.873.24$25,186
Nov 2011192095.723.31$18,378
Oct 2011308084.983.65$26,174
Sep 2011400083.623.99$33,448
Aug 2011305083.404.15$25,437
Jul 2011342094.144.52$32,196
Jun 2011308092.904.64$28,613
May 2011243098.134.40$23,846
Apr 20111890105.964.33$20,026
Mar 2011246096.364.06$23,705
Feb 2011358085.644.18$30,659
Jan 2011360086.504.59$31,140
Dec 2010448085.734.35$38,407
Nov 2010220080.843.80$17,785
Oct 2010285078.103.51$22,259
Sep 2010426072.633.98$30,940
Aug 2010419073.684.42$30,872
Jul 2010463072.554.74$33,591
Jun 2010216070.364.91$15,198
May 20100071.124.24$0

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                1,422 bbl  × $106.41 =   $151,315
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $151,315

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/69582 is the state's own key, not one this site invented.