RED DRAW 310

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 71237District 8AField 71823666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.2 M
Mar 2022 – May 2026
Value, last 12 filed months
$226 k
at the published price for each month
Months reported
51
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
OilDisposition14,718 bbl$1,172,931
Casinghead gasProduction8,515 Mcf$31,502
Total$1,204,432

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 33.2552, -102.8453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.25525, -102.84526 · 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
5,275 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 5,275 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-501373501H5,275 ftMar 2022

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 (51)

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

51 months

May 2026380455106.413.05$41,822
Apr 202628744198.932.87$29,658
Mar 202636913289.753.15$33,533
Feb 202650063.503.75$3,175
Jan 2026133059.138.00$7,864
Dec 2025253056.664.41$14,335
Nov 2025211058.593.93$12,362
Oct 2025402059.383.30$23,871
Sep 2025125062.743.08$7,843
Aug 2025265063.933.01$16,941
Jul 2025200066.743.32$13,348
Jun 2025322066.483.13$21,407
May 2025301060.553.23$18,226
Apr 2025343062.363.54$21,389
Mar 2025245067.704.27$16,587
Feb 2025270070.884.34$19,138
Jan 202537426574.324.28$28,930
Dec 202432826168.993.12$23,443
Nov 202434340569.052.20$24,575
Oct 202449637271.372.28$36,248
Sep 202426930769.612.36$19,451
Aug 202435736175.632.06$27,745
Jul 202431430679.932.15$25,755
Jun 202432530478.082.63$26,177
May 202445811078.812.20$36,337
Apr 20241836184.451.66$15,556
Mar 2024993980.301.55$8,010
Feb 202428323276.091.78$21,947
Jan 202434824973.023.30$26,232
Dec 202328521871.262.61$20,878
Nov 202330835877.892.81$24,995
Oct 2023716885.443.09$6,276
Sep 202333621589.042.74$30,505
Aug 2023648180.522.67$5,370
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202335617970.622.23$25,539
Apr 202335511978.122.24$27,999
Mar 20235628172.852.39$41,136
Feb 20237145975.112.47$6,465
Jan 202333043876.533.39$26,739
Dec 202225523676.415.73$20,837
Nov 202239540585.005.65$35,862
Oct 202250828887.185.86$45,976
Sep 202228727484.888.16$26,597
Aug 202247627994.529.13$47,538
Jul 2022354271101.587.54$38,003
Jun 2022364246115.097.98$43,855
May 20225640109.378.43$61,685
Apr 20224440104.226.84$46,274
Mar 202200108.885.08$0

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                  380 bbl  × $106.41 =    $40,436
Casinghead gas       455 Mcf  × $  3.05 =     $1,386

────────────────────────────────────────────────────
Month total                                  $41,822

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/71237 is the state's own key, not one this site invented.