BURNETT, S. B. ESTATE "NA"

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 69884District 8AField 03025400Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.9 M
Oct 2012 – Nov 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
38
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
OilDisposition20,170 bbl$1,903,982
Casinghead gasProduction771 Mcf$2,846
Total$1,906,828

Wells on this lease (7)

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 33.4744, -100.0535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

33.47627, -100.05211 · 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
42.9%
3 of 7 wells
With a plug date
57.1%
4 of 7 wells
Median depth
5,662 ft
7 wells filed one
Completion to plug
29.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
342.9%
A plug date is filed
457.1%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
228.6%

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 5,472 and 5,870 ft, median 5,662 ft, over the 7 wells that filed a depth.

Completions filed
Jul 1976 – Jul 2022
7 of 7 wells
Plug dates filed
Feb 1978 – Aug 2016
4 of 7 wells; 3 filed none

Last completion to plug: a median of 29.8 years across the 2 wells that filed both dates, with the middle half between 25.4 years and 34.2 years. A further 2 wells are excluded, because the last completion the Commission holds for them is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

7 wells

42-26930801N 25A5,850 ftJul 2022Feb 1978
42-26932074N 80A5,840 ftSep 2016
42-26931930N 71AU5,472 ftSep 2015Yes
42-26931238N 40A5,550 ftDec 2012May 1984
42-26931549N 64A5,870 ftAug 1995Aug 2016Yes
42-26930336E201 U5,662 ftAug 1989
42-26930340N 13A5,550 ftJul 1976Feb 2015Yes

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 (38)

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

38 months

Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
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 20131,739591.824.35$159,697
Nov 20131,715788.853.74$152,404
Oct 20131,3088197.423.78$127,731
Sep 20131,32943104.113.72$138,522
Aug 20131,25327104.253.52$130,720
Jul 20131,263103102.523.72$129,866
Jun 20131,424894.403.93$134,457
May 20131,488994.834.15$141,144
Apr 20131,6826793.964.28$158,328
Mar 20131,6849593.623.91$158,028
Feb 20131,33910191.233.42$122,502
Jan 20131,6928791.603.42$155,285
Dec 20127525486.773.42$65,436
Nov 20127575886.953.62$66,031
Oct 20127452689.383.40$66,676

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 2013 — as filed, then multipliedworked
Oil                1,739 bbl  × $ 91.82 =   $159,675
Casinghead gas         5 Mcf  × $  4.35 =        $22

────────────────────────────────────────────────────
Month total                                 $159,697

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/69884 is the state's own key, not one this site invented.