LIPS, BARBARA "C" (ECR)

Operated by BASS ENTERPRISES PRODUCTION CO. (P-5 54700) in the EL COYOTE (VICKSBURG E-F CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 94719District 04Field 27958600NGPA filingCondensateGasSaveExport
Value, all time
$671 k
Jan 1993 – Sep 2002
Value, last 12 filed months
$509
at the published price for each month
Months reported
117
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1994-10-07
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1995-02-06.

The Commission's schedule remark for this field reads: EL COYOTE RANCH. TMH

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
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
CondensateDisposition19,953 bbl$345,719
GasProduction809,804 Mcf$325,203
Total$670,922

698,898 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 26.8463, -98.2210. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.84629, -98.22104 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,619 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
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 12,619 ft.

Plug dates filed
Sep 2002
1 of 1 wells

1 well

42-04730843312,619 ftSep 2002Yes

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 (117)

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

117 months

Sep 20020027.443.64$0
Aug 200298725.963.16$509
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20015284524.262.25$3,164
Aug 20011442,47624.873.05$11,141
Jul 20013633,41623.933.20$19,608
Jun 20014804,05124.563.82$27,280
May 20015795,58225.524.31$38,820
Apr 20018288,23224.685.34$64,355
Mar 20014454,24524.545.38$33,743
Feb 20014337627.755.77$3,362
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20001411,09527.622.73$6,880
Jan 200032,39525.272.48$6,017
Dec 19990024.282.42$0
Nov 199901,10023.192.43$2,677
Oct 199931,88720.982.80$5,354
Sep 1999341,28321.752.62$4,099
Aug 1999411,55919.262.88$5,273
Jul 1999421,65117.892.37$4,668
Jun 1999541,69815.942.36$4,872
May 1999501,78215.792.32$4,926
Apr 1999311,66515.102.21$4,145
Mar 199951,77412.471.84$3,324
Feb 199951,7839.981.82$3,291
Jan 199951,89110.381.90$3,645
Dec 199862,0079.201.77$3,614
Nov 199842,00910.892.19$4,435
Oct 199851,77112.421.97$3,550
Sep 1998261,67212.592.08$3,809
Aug 1998482,05611.301.91$4,464
Jul 1998552,35911.742.24$5,923
Jun 1998532,27411.242.24$5,683
May 1998441,83212.622.21$4,597
Apr 1998562,34313.042.51$6,600
Mar 19981342,19512.802.31$6,784
Feb 19981722,41513.952.30$7,952
Jan 19981532,16614.702.15$6,916
Dec 19971201,57716.322.41$5,761
Nov 19971392,15518.193.09$9,184
Oct 19971292,53819.253.15$10,477
Sep 199703,43617.742.95$10,153
Aug 199703,58717.862.55$9,164
Jul 199702,87917.582.25$6,469
Jun 199702,90117.242.26$6,548
May 199703,30618.972.31$7,632
Apr 199712,54117.882.08$5,310
Mar 1997542,66018.951.94$6,181
Feb 1997592,83520.492.21$7,463
Jan 1997944,51923.483.54$18,203
Dec 1996502,35623.32$1,166
Nov 1996341,61421.97$747
Oct 1996301,45523.31$699
Sep 1996132,21222.22$289
Aug 1996203,13620.26$405
Jul 1996264,33619.55$508
Jun 1996264,27418.73$487
May 1996213,31119.43$408
Apr 1996304,28221.51$645
Mar 1996443,73319.38$853
Feb 1996484,29216.98$815
Jan 1996675,67017.07$1,144
Dec 1995816,28417.19$1,392
Nov 1995826,81816.00$1,312
Oct 1995403,49915.43$617
Sep 1995744,59216.18$1,197
Aug 19951438,47715.92$2,277
Jul 19951649,58415.24$2,499
Jun 19951025,68616.41$1,674
May 19951367,37417.56$2,388
Apr 19951889,62517.73$3,333
Mar 19953649,38716.44$5,984
Feb 19953438,60316.58$5,687
Jan 199542410,64015.92$6,750
Dec 199454212,87315.03$8,146
Nov 199463613,64415.90$10,112
Oct 199466815,10215.58$10,407
Sep 199428317,04615.29$4,327
Aug 199433320,38816.13$5,371
Jul 199429017,27317.56$5,092
Jun 199433818,85817.09$5,776
May 199442122,57415.88$6,685
Apr 199447923,99914.14$6,773
Mar 199450425,16012.46$6,280
Feb 199447423,15012.50$5,925
Jan 199438625,23512.66$4,887
Dec 199346225,36512.33$5,696
Nov 199345424,61714.49$6,578
Oct 199347825,95815.85$7,576
Sep 199349526,03015.03$7,440
Aug 199379129,07215.66$12,387
Jul 199375529,25315.46$11,672
Jun 199364426,88216.79$10,813
May 199377528,71217.68$13,702
Apr 199375829,07718.05$13,682
Mar 199326831,49418.14$4,862
Feb 199373225,59017.90$13,103
Jan 199372830,30616.93$12,325

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.

Aug 2002 — as filed, then multipliedworked
Condensate             9 bbl  × $ 25.96 =       $234
Gas                   87 Mcf  × $  3.16 =       $275

────────────────────────────────────────────────────
Month total                                     $509

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. 04/G/94719 is the state's own key, not one this site invented.