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Texas oil lease

Producing

GLASS "I"

Glass "I" is an oil lease in Sterling County, Texas, operated by Burk Royalty Co., Ltd. in the Conger (Penn) field.

13 wells

369bbl oil, last 12 months−28% vs prior year
Operator
Burk Royalty Co., Ltd.
County
Sterling County
Field
Conger (Penn)
RRC lease
08-24803

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Where it sits

This county

Sterling CountySterlingTom GreenMitchellNolanGlasscockHowardCokeSterling County
Sterling County
Gas, last 12 months
71,423 mcf
Oil in Jul 2026
21 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for GLASS "I", Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 369 bbl in the 12 months through Jul 2026, against 515 bbl in the 12 months before.Last 12 months: 369 bblbbl per monthmcf per month00252,000504,000756,0001008,00012510kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for GLASS "I", Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 369 bbl in the 12 months through Jul 2026, against 515 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00252,000504,000756,0001008,00012510kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

79% of the gas went to a transmission line in the last 12 months

Flaring peaked at 63.8% of the gas in Apr 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
79% of the gas went to a transmission line in the last 12 monthsShare of GLASS "I" gas by disposition code each month, Aug 2023 to Jul 2026. 79% of the gas went to a transmission line in the last 12 months. Flaring peaked at 63.8% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 63.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
79% of the gas went to a transmission line in the last 12 monthsShare of GLASS "I" gas by disposition code each month, Aug 2023 to Jul 2026. 79% of the gas went to a transmission line in the last 12 months. Flaring peaked at 63.8% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 63.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    79% · 56,210 mcf

  • Lease fuel (1)

    12% · 8,746 mcf

  • Flared (4)

    9.1% · 6,467 mcf

9.1% of the gas flared in the last 12 months. 16 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Jan 2022

Operators of this lease over timeStanolind Production LLC, Jan 2020 to Dec 2020; Slant Operating, LLC, Jan 2021 to Dec 2021; Burk Royalty Co., Ltd., Jan 2022 to Jul 20262020202120222023202420252026Changed Jan 2021Changed Jan 2022Stanolind Production LLCJan 2020 to Dec 2020Slant Operating, LLCJan 2021 to Dec 2021Burk Royalty Co., Ltd.Jan 2022 to now
Operators of this lease over timeStanolind Production LLC, Jan 2020 to Dec 2020; Slant Operating, LLC, Jan 2021 to Dec 2021; Burk Royalty Co., Ltd., Jan 2022 to Jul 20262020202120222023202420252026Changed Jan 2021Changed Jan 2022Stanolind Production LLCJan 2020 to Dec 2020Slant Operating, LLCJan 2021 to Dec 2021Burk Royalty Co., Ltd.Jan 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

13 wells on this lease

Wells on GLASS "I"
API numberWell no.Status
42-431-30288138Active
42-431-30881238Active
42-431-30924338Active
42-431-30925438Active
42-431-30989638Shut-in
42-431-31566838Active
42-431-31572738Active
42-431-31785938Active
42-431-320641138Active
42-431-320661038Active
42-431-323171338Active
42-431-323181238Active
42-431-331401638Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Mar 1, 2026–
Targa Pipeline Mid-Continent LLCCasinghead gasBuys100Apr 1, 2023–
Targa Pipeline Mid-Continent LLCCasinghead gasGathers100Apr 1, 2023–
Energy Trans Crude Marketing LLCOilGathers100Apr 1, 2023Mar 1, 2026
Slant Operating, LLCCasinghead gasGathers100Jan 1, 2021Apr 1, 2023
Slant Operating, LLCCasinghead gasBuys100Jan 1, 2021Apr 1, 2023
Plains Marketing, L.p.OilGathers100Nov 1, 2020Apr 1, 2023
Stanolind Production LLCCasinghead gasGathers100Nov 1, 2020Jan 1, 2021
Stanolind Production LLCCasinghead gasBuys100Nov 1, 2020Jan 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

566.20 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 566 and 646 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    19 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Glass "I"
API numberWell no.Acreson the permit
42-431-331401638566.20
42-431-323171338566.20
42-431-323181238566.20
42-431-320641138566.20
42-431-320661038566.20
42-431-31785938566
42-431-31572738606
42-431-31566838606
42-431-309885038646
42-431-30988538646
42-431-30989638646
42-431-309243646

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for GLASS "I"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Burk Royalty21216,0545,478276$80.46$2.89
Jun 2026Burk Royalty19185,9675,118416$84.81$3.15
May 2026Burk Royalty26255,8354,1201,417$102.13$2.94
Apr 2026Burk Royalty21223,0839671,966$100.32$2.77
Mar 2026Burk Royalty29306,4824,930789$91.38$3.04
Feb 2026Burk Royalty32326,2495,147243$64.51$3.62
Jan 2026Burk Royalty38406,5095,59863$60.04$7.72
Dec 2025Burk Royalty36346,5095,78938$57.97$4.26
Nov 2025Burk Royalty32366,6735,354214$60.06$3.79
Oct 2025Burk Royalty39386,3904,878229$60.89$3.19
Sep 2025Burk Royalty36325,7024,129522$63.96$2.97
Aug 2025Burk Royalty40435,9704,702294$64.86$2.91
Jul 2025Burk Royalty46476,3984,944101$68.39$3.20
Jun 2025Burk Royalty45434,7534,292124$68.17$3.02
May 2025Burk Royalty41405,0644,2298$62.17$3.12
Apr 2025Burk Royalty39374,2904,03812$63.54$3.42
Mar 2025Burk Royalty40412,9462,68527$68.24$4.12
Feb 2025Burk Royalty36403,4423,035194$71.53$4.19
Jan 2025Burk Royalty42403,1432,84196$75.74$4.13
Dec 2024Burk Royalty40402,8922,62759$70.12$3.01
Nov 2024Burk Royalty44453,3963,13544$69.95$2.12
Oct 2024Burk Royalty49483,4833,23646$71.99$2.20
Sep 2024Burk Royalty42433,2352,934119$70.24$2.28
Aug 2024Burk Royalty51543,1532,9603$76.68$1.99
Jul 2024Burk Royalty80803,2132,96168$81.80$2.07
Jun 2024Burk Royalty65692,8832,7129$79.77$2.54
May 2024Burk Royalty79743,0612,79063$80.02$2.12
Apr 2024Burk Royalty53552,2241,875203$85.35$1.60
Mar 2024Burk Royalty81833,3193,0980$81.28$1.49
Feb 2024Burk Royalty68702,9592,547219$77.25$1.72
Jan 2024Burk Royalty76713,5583,199124$74.15$3.18
Dec 2023Burk Royalty48433,7713,47335$71.90$2.52
Nov 2023Burk Royalty47493,6073,34514$77.69$2.71
Oct 2023Burk Royalty45422,8832,62626$85.64$2.98
Sep 2023Burk Royalty74933,5733,27920$89.43$2.64
Aug 2023Burk Royalty1071066,0325,55832$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorBurk Royalty Co., Ltd.FieldConger (Penn)CountySterling County

Burk Royalty Co., Ltd. in Sterling County

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Conger (Penn) field

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