LIGHTNING CRASHES 417

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 70929District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$46.6 M
Mar 2019 – May 2026
Value, last 12 filed months
$3.1 M
at the published price for each month
Months reported
87
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
OilDisposition610,192 bbl$40,024,820
Casinghead gasProduction1,780,441 Mcf$6,528,997
Total$46,553,818

Wells on this lease (3)

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 33.1967, -103.0040. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.19672, -103.00399 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
5,332 ft
3 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.
3100.0%

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 5,295 and 5,344 ft, median 5,332 ft, over the 3 wells that filed a depth.

Completions filed
Mar 2019 – Sep 2021
3 of 3 wells

3 wells

42-501373115H5,344 ftSep 2021
42-501372176H5,332 ftMar 2020
42-501370974H5,295 ftMar 2019

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 (87)

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

87 months

May 20262,66715,751106.413.05$331,771
Apr 20262,89914,91198.932.87$329,588
Mar 20262,79715,33989.753.15$299,340
Feb 20262,61814,27463.503.75$219,775
Jan 20262,78614,06759.138.00$277,243
Dec 20253,01914,97456.664.41$237,142
Nov 20252,76514,26358.593.93$218,004
Oct 20252,58715,92259.383.30$206,236
Sep 20252,96815,94762.743.08$235,280
Aug 20253,00016,27563.933.01$240,855
Jul 20252,98116,60166.743.32$253,988
Jun 20252,89816,64866.483.13$244,746
May 20253,34517,97860.553.23$260,650
Apr 20253,29516,79362.363.54$264,976
Mar 20253,67819,27167.704.27$331,255
Feb 20253,34217,61370.884.34$313,336
Jan 20252,96118,91474.324.28$300,988
Dec 20243,44020,60068.993.12$301,626
Nov 20243,65819,74769.052.20$295,997
Oct 20243,92222,29771.372.28$330,782
Sep 20243,76621,87869.612.36$313,879
Aug 20244,86122,18775.632.06$413,423
Jul 20245,00820,83979.932.15$445,022
Jun 20244,76320,61478.082.63$426,192
May 20244,24317,58178.812.20$373,042
Apr 20244,14319,08984.451.66$381,549
Mar 20245,27621,06380.301.55$456,208
Feb 20245,16319,80176.091.78$428,171
Jan 20244,79619,40273.023.30$414,185
Dec 20234,65919,63371.262.61$383,257
Nov 20235,07219,96377.892.81$451,105
Oct 20234,60718,72985.443.09$451,444
Sep 20234,97821,13289.042.74$501,038
Aug 20235,39022,23880.522.67$493,442
Jul 20235,68622,07374.852.64$483,910
Jun 20235,58322,12668.962.26$434,975
May 20235,77723,36470.622.23$460,013
Apr 20235,53321,19978.122.24$479,676
Mar 20236,41523,81572.852.39$524,326
Feb 20236,01922,51475.112.47$507,599
Jan 20237,09324,55076.533.39$625,996
Dec 20226,80624,36876.415.73$659,653
Nov 20227,10823,22685.005.65$735,319
Oct 20227,56623,95787.185.86$800,082
Sep 20226,88724,48284.888.16$784,432
Aug 20228,79828,07894.529.13$1,087,859
Jul 20228,54528,375101.587.54$1,082,008
Jun 20228,69628,390115.097.98$1,227,295
May 20229,68131,872109.378.43$1,327,589
Apr 20229,82030,967104.226.84$1,235,180
Mar 20229,37728,176108.885.08$1,164,000
Feb 20229,10524,57491.054.86$948,411
Jan 20229,30026,99481.844.54$883,602
Dec 202112,37332,12371.323.90$1,007,694
Nov 202113,09529,24877.435.24$1,167,113
Oct 202118,68935,07879.795.71$1,691,626
Sep 20218,19317,51369.865.35$666,074
Aug 20217,98622,58866.024.22$622,570
Jul 20217,93522,77170.783.98$652,315
Jun 20218,52422,57569.493.38$668,650
May 20216,93718,68863.483.02$496,755
Apr 20217,77620,68660.362.76$526,420
Mar 20218,62121,55561.302.72$587,031
Feb 20218,28220,78157.805.55$593,992
Jan 20219,76722,41250.412.81$555,338
Dec 20209,73821,43144.642.68$492,042
Nov 20208,43121,69338.772.71$385,583
Oct 202013,15129,08036.972.48$558,265
Sep 202014,33127,81137.091.99$586,910
Aug 20208,64518,39139.982.39$389,491
Jul 202011,10721,70438.371.83$465,788
Jun 202012,20022,25834.901.69$463,403
May 202013,33125,45816.921.81$271,760
Apr 202018,71329,27514.751.80$328,840
Mar 20205,88811,95330.341.86$200,829
Feb 20204,80610,96649.881.98$261,443
Jan 20205,70111,98457.252.09$351,486
Dec 20195,70612,50959.012.30$365,536
Nov 20195,96013,33755.302.75$366,274
Oct 20197,36014,30153.472.42$428,127
Sep 20197,77114,31955.052.66$465,843
Aug 20199,0655,45353.112.30$494,008
Jul 201910,53318,44856.272.46$638,075
Jun 201912,51417,84952.782.49$704,954
May 201918,47225,93358.482.74$1,151,307
Apr 201916,44514,66662.632.75$1,070,292
Mar 2019017056.803.06$521

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                2,667 bbl  × $106.41 =   $283,795
Casinghead gas    15,751 Mcf  × $  3.05 =    $47,975

────────────────────────────────────────────────────
Month total                                 $331,771

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/70929 is the state's own key, not one this site invented.