BURNETT, S. B. ESTATE "WM"

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

Oil lease lease 69880District 8AField 03025400Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$279 k
Oct 2012 – May 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
92
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 29 leases and 333 wells, and the rule below applies to all of them.

Discovered
2012-10-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-10-02.

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: 40 ACRE OPTION. P-15'S, ACREAGE LISTS AND LEASE 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
OilDisposition3,557 bbl$277,204
Casinghead gasProduction583 Mcf$2,072
Total$279,276

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 33.4591, -100.1310. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.45914, -100.13105 · 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
5,704 ft
2 wells filed one
Completion to plug
34.9 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 5,520 and 5,887 ft, median 5,704 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1983 – Jun 1985
2 of 2 wells
Plug dates filed
Aug 2018 – Mar 2020
2 of 2 wells

Last completion to plug: a median of 34.9 years across the 2 wells that filed both dates, with the middle half between 34.8 years and 35.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-26931072W 9M5,520 ftJun 1985Mar 2020Yes
42-26931134W 17M5,887 ftJul 1983Aug 2018Yes

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 (92)

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

92 months

May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20168026.472.06$212
Jan 201645027.352.36$1,231
Dec 201563032.362.00$2,039
Nov 201576038.792.17$2,948
Oct 201569343.552.43$3,012
Sep 2015592342.992.76$2,600
Aug 201552740.162.87$2,108
Jul 2015753848.152.95$3,723
Jun 2015561756.152.88$3,193
May 2015522955.212.96$2,957
Apr 20151003749.822.71$5,082
Mar 20151184242.892.93$5,184
Feb 2015983944.662.98$4,493
Jan 20151183243.433.10$5,224
Dec 20141122454.693.59$6,211
Nov 2014798370.464.25$5,919
Oct 2014821178.303.90$6,464
Sep 2014991086.164.05$8,570
Aug 20141622289.394.04$14,570
Jul 20141181296.564.18$11,444
Jun 20141131798.164.74$11,173
May 201441094.734.73$3,884
Apr 201454095.944.81$5,181
Mar 201482395.895.06$7,878
Feb 201452897.406.19$5,114
Jan 201461890.404.86$5,553
Dec 201352591.824.35$4,796
Nov 201355288.853.74$4,894
Oct 20131101597.423.78$10,773
Sep 201310612104.113.72$11,080
Aug 201311312104.253.52$11,823
Jul 20139410102.523.72$9,674
Jun 201386994.403.93$8,154
May 20131721894.834.15$16,385
Apr 2013105893.964.28$9,900
Mar 2013101893.623.91$9,487
Feb 201393991.233.42$8,515
Jan 20131121091.603.42$10,293
Dec 2012109086.773.42$9,458
Nov 2012102086.953.62$8,869
Oct 2012103089.383.40$9,206

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.

Feb 2016 — as filed, then multipliedworked
Oil                    8 bbl  × $ 26.47 =       $212
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                     $212

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/69880 is the state's own key, not one this site invented.