GUS TIPS GAS UNIT 1

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280955District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Aug 2016 – May 2026
Value, last 12 filed months
$272 k
at the published price for each month
Months reported
118
no gaps in the span
Streams
2
condensate, 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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
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 2017-10-10.

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: GAS WELLS

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112017-09-22220764
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition79,404 bbl$4,288,429
GasProduction850,476 Mcf$2,759,331
Total$7,047,760

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 28.8870, -97.7014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88702, -97.70141 · 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
13,388 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 13,388 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-25535003D 1H13,388 ftAug 2016

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 (118)

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

118 months

May 20261512,101106.413.05$22,467
Apr 20261452,19398.932.87$20,638
Mar 20261502,18189.753.15$20,331
Feb 20261301,89763.503.75$15,369
Jan 20267522,49459.138.00$64,413
Dec 20251552,16356.664.41$18,328
Nov 20251272,26258.593.93$16,323
Oct 20251792,33659.383.30$18,349
Sep 20251952,36862.743.08$19,520
Aug 20251872,45463.933.01$19,353
Jul 20251572,57266.743.32$19,005
Jun 20251542,46066.483.13$17,935
May 20251772,56360.553.23$19,002
Apr 20251772,47962.363.54$19,821
Mar 20252192,78267.704.27$26,701
Feb 20251912,35470.884.34$23,756
Jan 20252222,59074.324.28$27,581
Dec 20242032,18568.993.12$20,825
Nov 20241892,20169.052.20$17,889
Oct 20242012,31071.372.28$19,615
Sep 20241912,26669.612.36$18,653
Aug 20242162,27475.632.06$21,029
Jul 20242302,05079.932.15$22,784
Jun 20242492,03978.082.63$24,813
May 20242021,67078.812.20$19,591
Apr 20241711,67284.451.66$17,215
Mar 20243212,55980.301.55$29,730
Feb 20242102,38176.091.78$20,226
Jan 20242372,79173.023.30$26,510
Dec 20232172,70371.262.61$22,520
Nov 20233231,87677.892.81$30,425
Oct 20237982,76885.443.09$76,727
Sep 20232902,71089.042.74$33,234
Aug 20233184,84680.522.67$38,558
Jul 20234563674.852.64$5,048
Jun 20235068.962.26$345
May 20238231470.622.23$6,490
Apr 20232222,27678.122.24$22,436
Mar 20233072,72072.852.39$28,874
Feb 20232902,97375.112.47$29,112
Jan 20232092,29976.533.39$23,783
Dec 20222502,20676.415.73$31,741
Nov 20221771,80085.005.65$25,208
Oct 20222952,98187.185.86$43,198
Sep 20222362,87984.888.16$43,535
Aug 20223193,12594.529.13$58,674
Jul 20222422,438101.587.54$42,970
Jun 20222442,978115.097.98$51,838
May 20222833,268109.378.43$58,511
Apr 20224193,225104.226.84$65,719
Mar 20225113,789108.885.08$74,872
Feb 20223172,93591.054.86$43,124
Jan 20223733,28381.844.54$45,424
Dec 20213403,24571.323.90$36,901
Nov 20214093,16677.435.24$48,249
Oct 20213633,31879.795.71$47,922
Sep 20215213,26869.865.35$53,884
Aug 20215073,45166.024.22$48,037
Jul 20215263,40770.783.98$50,797
Jun 20216743,70269.493.38$59,351
May 20216543,90763.483.02$53,306
Apr 20217063,90760.362.76$53,391
Mar 20218494,27261.302.72$63,650
Feb 20213853,26057.805.55$40,339
Jan 20216164,22550.412.81$42,926
Dec 20206694,29744.642.68$41,361
Nov 20207324,25838.772.71$39,904
Oct 20207524,37336.972.48$38,640
Sep 20207194,18437.091.99$34,998
Aug 20207924,41939.982.39$42,204
Jul 20209154,51638.371.83$43,351
Jun 20207393,63234.901.69$31,930
May 20203722,20016.921.81$10,287
Apr 20202671,62314.751.80$6,867
Mar 202012897930.341.86$5,701
Feb 202014698049.881.98$9,224
Jan 20202721,67457.252.09$19,079
Dec 20191301,04359.012.30$10,075
Nov 2019352555.302.75$2,004
Oct 20192342,23153.472.42$17,908
Sep 20193634,87655.052.66$32,940
Aug 20193321,94153.112.30$22,105
Jul 20194423,11556.272.46$32,534
Jun 20196043,44852.782.49$40,469
May 20194442,99058.482.74$34,159
Apr 20196283,20662.632.75$48,150
Mar 20195323,07356.803.06$39,627
Feb 20195222,81350.852.79$34,398
Jan 20199314,04846.033.23$55,922
Dec 20187293,15146.594.19$47,152
Nov 20185542,99252.934.24$42,001
Oct 20184153,20861.443.40$36,399
Sep 20183712,87859.543.11$31,034
Aug 20184433,28759.403.07$36,394
Jul 20188303,66565.142.93$64,812
Jun 20182742,00460.183.08$22,655
May 20185062,31765.382.90$39,803
Apr 201814185063.842.90$11,467
Mar 201817942261.222.79$12,134
Feb 20181771,06961.782.77$13,892
Jan 20181771,40662.874.01$16,765
Dec 201720284257.272.92$14,028
Nov 20174912,40155.423.12$34,698
Oct 20171,53011,37849.292.98$109,362
Sep 20171,0439,76747.523.09$79,717
Aug 20178646,52945.373.00$58,815
Jul 20171,36513,15243.873.09$100,486
Jun 20171,17514,59942.493.09$94,997
May 20171,73122,71445.373.26$152,660
Apr 20172,06524,25847.933.21$176,882
Mar 20172,51935,29546.772.98$223,123
Feb 20172,82737,99650.452.95$254,809
Jan 20173,78035,09649.413.42$306,756
Dec 20165,01759,46748.763.72$466,014
Nov 20167,61277,50042.492.64$528,371
Oct 201610,091106,48546.193.09$795,170
Sep 2016130113,00741.553.10$355,794
Aug 20161,05611,99441.442.92$78,835

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
Condensate           151 bbl  × $106.41 =    $16,068
Gas                2,101 Mcf  × $  3.05 =     $6,399

────────────────────────────────────────────────────
Month total                                  $22,467

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. 02/G/280955 is the state's own key, not one this site invented.