BURNETT, S. B. ESTATE "N"

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 69894District 8AField 03025400Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$917 k
Oct 2012 – Feb 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
41
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
OilDisposition9,789 bbl$911,120
Casinghead gasProduction1,642 Mcf$6,177
Total$917,297

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 33.4799, -100.0787. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.8 miles.

33.47955, -100.08097 · 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
83.3%
5 of 6 wells
With a plug date
83.3%
5 of 6 wells
Median depth
5,885 ft
6 wells filed one
Completion to plug
35.0 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
583.3%
A plug date is filed
583.3%
BothOn the schedule and plugged. Neither fact cancels the other.
583.3%
NeitherNo plug date, and not on the schedule.
116.7%

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 5,560 and 6,010 ft, median 5,885 ft, over the 6 wells that filed a depth.

Completions filed
Jun 1975 – Jul 2021
6 of 6 wells
Plug dates filed
Mar 2014 – Aug 2024
5 of 6 wells; 1 filed none

Last completion to plug: a median of 35.0 years across the 5 wells that filed both dates, with the middle half between 24.5 years and 38.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-26931374N 706,010 ftJul 2021
42-26931921N 825,790 ftMar 2013Jan 2015Yes
42-26931912N 80 U5,560 ftSep 1989Mar 2014Yes
42-26930829N 315,870 ftApr 1979Apr 2014Yes
42-26930814N 285,960 ftDec 1978Aug 2024Yes
42-26930268N 75,900 ftJun 1975Apr 2014Yes

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 (41)

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

41 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
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 201556044.662.98$2,501
Jan 201538043.433.10$1,650
Dec 201478054.693.59$4,266
Nov 201457070.464.25$4,016
Oct 201436078.303.90$2,819
Sep 201435086.164.05$3,016
Aug 2014105089.394.04$9,386
Jul 2014154096.564.18$14,870
Jun 201479098.164.74$7,755
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 201353310891.824.35$49,410
Nov 20134109888.853.74$36,795
Oct 201356811997.423.78$55,784
Sep 2013652123104.113.72$68,337
Aug 2013505116104.253.52$53,055
Jul 2013575104102.523.72$59,336
Jun 201362110394.403.93$59,028
May 201362310994.834.15$59,531
Apr 201387511493.964.28$82,703
Mar 201362111493.623.91$58,584
Feb 201346210391.233.42$42,501
Jan 201371810991.603.42$66,142
Dec 201257610686.773.42$50,342
Nov 201261410886.953.62$53,779
Oct 201279810889.383.40$71,692

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 2015 — as filed, then multipliedworked
Oil                   56 bbl  × $ 44.66 =     $2,501
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $2,501

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/69894 is the state's own key, not one this site invented.