SAVAGE 551

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

Oil lease lease 70870District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.6 M
Sep 2018 – May 2026
Value, last 12 filed months
$326 k
at the published price for each month
Months reported
93
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 277 leases and 646 wells, and the rule below applies to all of them.

Discovered
1955-05-15
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2026-06-02.

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: AND VERTICAL WELLS ARE INDEPENDENT AND MAY OVERLAP.

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
OilDisposition64,751 bbl$4,088,781
Casinghead gasProduction145,990 Mcf$496,605
Total$4,585,386

Wells on this lease (1)

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 33.1245, -102.7539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.12450, -102.75394 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,360 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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

The one well that filed a depth was drilled to 5,360 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-501369892H5,360 ftSep 2018

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 (93)

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

93 months

May 20263501,132106.413.05$40,691
Apr 20263581,08298.932.87$38,522
Mar 20263601,07289.753.15$35,686
Feb 202618092863.503.75$14,910
Jan 202633198359.138.00$27,434
Dec 20253581,11756.664.41$25,214
Nov 20251761,04158.593.93$14,399
Oct 20255091,17559.383.30$34,108
Sep 20253591,12462.743.08$25,982
Aug 20251791,07163.933.01$14,672
Jul 202535499866.743.32$26,935
Jun 20253601,02866.483.13$27,149
May 20251801,07660.553.23$14,377
Apr 20253581,06662.363.54$26,102
Mar 20251801,16667.704.27$17,163
Feb 202516878270.884.34$15,302
Jan 202505174.324.28$218
Dec 202418049668.993.12$13,966
Nov 20243551,47869.052.20$27,762
Oct 20243491,64071.372.28$28,650
Sep 20243571,65169.612.36$28,754
Aug 20245431,63975.632.06$44,449
Jul 20243581,32479.932.15$31,457
Jun 20245381,28378.082.63$45,386
May 20241801,33278.812.20$17,114
Apr 20245371,31484.451.66$47,530
Mar 20243601,35380.301.55$30,999
Feb 20244781,25276.091.78$38,604
Jan 20245111,37873.023.30$41,857
Dec 20233391,38871.262.61$27,781
Nov 20233401,12677.892.81$29,644
Oct 20233371,42385.443.09$33,186
Sep 20235021,43989.042.74$48,634
Aug 2023040980.522.67$1,093
Jul 20234981,08774.852.64$40,147
Jun 20233351,31668.962.26$26,074
May 20235071,19370.622.23$38,462
Apr 20235081,25078.122.24$42,482
Mar 20235071,28772.852.39$40,015
Feb 20233381,11775.112.47$28,141
Jan 20235101,12776.533.39$42,848
Dec 20226731,13476.415.73$57,921
Nov 20225071,11385.005.65$49,379
Oct 20225071,02887.185.86$50,228
Sep 20224761,05984.888.16$49,048
Aug 20225051,11794.529.13$57,928
Jul 20226761,185101.587.54$77,605
Jun 20226781,202115.097.98$87,620
May 20225041,358109.378.43$66,575
Apr 20228431,808104.226.84$100,220
Mar 20228431,940108.885.08$101,634
Feb 20223341,19391.054.86$36,207
Jan 20226791,70881.844.54$63,320
Dec 20213381,79971.323.90$31,121
Nov 20215131,49477.435.24$47,545
Oct 20214891,90579.795.71$49,902
Sep 20217852,18469.865.35$66,527
Aug 20216312,36466.024.22$51,636
Jul 20214932,33070.783.98$44,173
Jun 20216742,25269.493.38$54,449
May 20218482,29063.483.02$60,742
Apr 20218472,15460.362.76$57,067
Mar 20215111,95661.302.72$36,639
Feb 20218301,99857.805.55$59,059
Jan 20211,0142,34950.412.81$57,717
Dec 20205142,31644.642.68$29,141
Nov 20201,0161,96338.772.71$44,703
Oct 20206781,66736.972.48$29,197
Sep 20205051,07937.091.99$20,879
Aug 20204931,58539.982.39$23,491
Jul 20201021,09938.371.83$5,920
Jun 202004734.901.69$79
May 20200016.921.81$0
Apr 20209411,81014.751.80$17,146
Mar 20206682,12730.341.86$24,215
Feb 20209082,11749.881.98$49,484
Jan 20201,0442,28557.252.09$64,555
Dec 20191,0412,26859.012.30$66,656
Nov 20199232,26655.302.75$57,275
Oct 20191,1042,41553.472.42$64,872
Sep 20191,0062,39155.052.66$61,734
Aug 20191,2462,44953.112.30$71,818
Jul 20191,3112,46256.272.46$79,827
Jun 20191,3222,45852.782.49$75,899
May 20191,5132,71358.482.74$95,915
Apr 20191,5492,70762.632.75$104,460
Mar 20191,9232,89756.803.06$118,097
Feb 20191,6943,01650.852.79$94,561
Jan 20192,9513,63546.033.23$147,569
Dec 20183,4404,49246.594.19$179,071
Nov 20181,82976952.934.24$100,067
Oct 20183,9391,90261.443.40$248,475
Sep 20181,66694159.543.11$102,118

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                  350 bbl  × $106.41 =    $37,244
Casinghead gas     1,132 Mcf  × $  3.05 =     $3,448

────────────────────────────────────────────────────
Month total                                  $40,691

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/70870 is the state's own key, not one this site invented.