BURNETT, S. B. ESTATE"Y"

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 69891District 8AField 03025400Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$746 k
Oct 2012 – Dec 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
39
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
OilDisposition7,957 bbl$743,680
Casinghead gasProduction737 Mcf$2,715
Total$746,396

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 33.4465, -100.1002. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.44653, -100.10021 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
5,552 ft
2 wells filed one
Completion to plug
21.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
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.
150.0%

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 5,243 and 5,860 ft, median 5,552 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1984 – May 1991
2 of 2 wells
Plug dates filed
Nov 2012
1 of 2 wells; 1 filed none

Last completion to plug: a median of 21.5 years across the 1 well that filed both dates, with the middle half between 21.5 years and 21.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-26930110Y 25,243 ftMay 1991Nov 2012Yes
42-26931262Y 215,860 ftJul 1984

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 (39)

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

39 months

Dec 20150032.362.00$0
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 20134233391.824.35$38,984
Nov 20134781688.853.74$42,530
Oct 20134854997.423.78$47,434
Sep 201343136104.113.72$45,005
Aug 201339727104.253.52$41,482
Jul 201344528102.523.72$45,726
Jun 20134263094.403.93$40,332
May 20134922594.834.15$46,760
Apr 20135805093.964.28$54,711
Mar 20136755093.623.91$63,389
Feb 20135506991.233.42$50,412
Jan 20136779091.603.42$62,321
Dec 20126528786.773.42$56,872
Nov 20125979286.953.62$52,243
Oct 20126495589.383.40$58,195

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                  423 bbl  × $ 91.82 =    $38,840
Casinghead gas        33 Mcf  × $  4.35 =       $144

────────────────────────────────────────────────────
Month total                                  $38,984

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/69891 is the state's own key, not one this site invented.