LIPS, BARBARA "C" (ECR)

Name: LIPS, BARBARA "C" (ECR) lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BEPCO, L.P. (P-5 66722) 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 99655District 04Field 279586002 tax incentive programmesCondensateGasSave Export

Value, all time

$489 k

Jan 1993 – Aug 2008

Value, last 12 filed months

at the published price for each month

Months reported

188

no gaps in the span

Streams

condensate, gas

The EL COYOTE (VICKSBURG E-F CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1996-02-27	134218
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	9,843 bbl	$177,225
Gas	Production	451,422 Mcf	$311,566
Total			$488,791

361,524 Mcf of this lease's gas, across 46 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 26.8464, -98.2302. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.84636, -98.23017 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

12,234 ft

1 wells filed one

Completion to plug

17.9 years

median over 1 well

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 12,234 ft.

Completions filed

Sep 1990

1 of 1 wells

Plug dates filed

Aug 2008

1 of 1 wells

Last completion to plug: a median of 17.9 years across the 1 well that filed both dates, with the middle half between 17.9 years and 17.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04730878	5	12,234 ft	Sep 1990	Aug 2008	Yes

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 (188)

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

188 months


Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	41	28.17	4.76	$195
Sep 2003	6	161	26.31	4.75	$923
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	110	29.41	5.17	$569
Jun 2003	3	1,302	28.56	5.98	$7,875
May 2003	0	971	26.59	5.97	$5,799
Apr 2003	0	1,003	26.67	5.41	$5,424
Mar 2003	0	1,068	31.14	6.10	$6,511
Feb 2003	0	753	33.48	7.93	$5,968
Jan 2003	0	1,023	30.31	5.58	$5,710
Dec 2002	0	1,896	26.91	4.85	$9,203
Nov 2002	0	682	24.66	4.14	$2,821
Oct 2002	0	1,216	26.46	4.23	$5,143
Sep 2002	0	1,723	27.44	3.64	$6,263
Aug 2002	0	1,087	25.96	3.16	$3,439
Jul 2002	0	1,288	24.58	3.06	$3,944
Jun 2002	0	1,124	23.73	3.34	$3,752
May 2002	0	1,242	24.66	3.58	$4,451
Apr 2002	0	1,762	23.65	3.51	$6,189
Mar 2002	0	1,144	22.00	3.10	$3,550
Feb 2002	78	956	18.22	2.38	$3,692
Jan 2002	134	1,387	17.17	2.38	$5,596
Dec 2001	132	1,341	16.93	2.36	$5,405
Nov 2001	79	924	18.07	2.41	$3,650
Oct 2001	88	1,133	19.78	2.53	$4,606
Sep 2001	74	886	24.26	2.25	$3,790
Aug 2001	86	1,089	24.87	3.05	$5,464
Jul 2001	54	1,229	23.93	3.20	$5,221
Jun 2001	41	833	24.56	3.82	$4,192
May 2001	57	1,306	25.52	4.31	$7,080
Apr 2001	54	1,268	24.68	5.34	$8,098
Mar 2001	59	1,365	24.54	5.38	$8,787
Feb 2001	77	1,571	27.75	5.77	$11,197
Jan 2001	24	552	27.47	8.40	$5,295
Dec 2000	58	1,365	26.88	9.12	$14,011
Nov 2000	45	1,202	32.21	5.66	$8,250
Oct 2000	45	1,285	31.23	5.15	$8,017
Sep 2000	138	1,773	31.87	5.19	$13,594
Aug 2000	115	1,493	29.64	4.54	$10,188
Jul 2000	112	1,332	28.53	4.09	$8,643
Jun 2000	70	773	29.30	4.40	$5,450
May 2000	98	1,067	27.26	3.68	$6,598
Apr 2000	154	1,617	24.51	3.12	$8,813
Mar 2000	115	1,306	28.42	2.86	$7,003
Feb 2000	155	1,902	27.62	2.73	$9,467
Jan 2000	5	1,536	25.27	2.48	$3,936
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	7	1,216	20.98	2.80	$3,556
Sep 1999	48	1,287	21.75	2.62	$4,414
Aug 1999	21	538	19.26	2.88	$1,952
Jul 1999	33	733	17.89	2.37	$2,329
Jun 1999	55	839	15.94	2.36	$2,859
May 1999	47	1,171	15.79	2.32	$3,460
Apr 1999	18	483	15.10	2.21	$1,338
Mar 1999	24	714	12.47	1.84	$1,612
Feb 1999	4	1,055	9.98	1.82	$1,958
Jan 1999	5	1,425	10.38	1.90	$2,759
Dec 1998	2	466	9.20	1.77	$845
Nov 1998	4	932	10.89	2.19	$2,081
Oct 1998	6	2,059	12.42	1.97	$4,129
Sep 1998	9	1,428	12.59	2.08	$3,087
Aug 1998	4	330	11.30	1.91	$675
Jul 1998	19	1,507	11.74	2.24	$3,595
Jun 1998	7	670	11.24	2.24	$1,578
May 1998	14	1,311	12.62	2.21	$3,069
Apr 1998	6	1,279	13.04	2.51	$3,283
Mar 1998	12	1,098	12.80	2.31	$2,689
Feb 1998	5	550	13.95	2.30	$1,334
Jan 1998	3	1,673	14.70	2.15	$3,649
Dec 1997	6	734	16.32	2.41	$1,868
Nov 1997	20	1,222	18.19	3.09	$4,138
Oct 1997	23	1,268	19.25	3.15	$4,437
Sep 1997	0	1,343	17.74	2.95	$3,968
Aug 1997	0	903	17.86	2.55	$2,307
Jul 1997	0	935	17.58	2.25	$2,101
Jun 1997	0	1,252	17.24	2.26	$2,826
May 1997	0	904	18.97	2.31	$2,087
Apr 1997	0	1,462	17.88	2.08	$3,045
Mar 1997	12	637	18.95	1.94	$1,463
Feb 1997	18	964	20.49	2.21	$2,495
Jan 1997	62	3,423	23.48	3.54	$13,572
Dec 1996	59	3,247	23.32	—	$1,376
Nov 1996	1	0	21.97	—	$22
Oct 1996	28	1,482	23.31	—	$653
Sep 1996	6	699	22.22	—	$133
Aug 1996	13	1,328	20.26	—	$263
Jul 1996	15	1,560	19.55	—	$293
Jun 1996	9	928	18.73	—	$169
May 1996	11	1,107	19.43	—	$214
Apr 1996	18	1,570	21.51	—	$387
Mar 1996	81	1,554	19.38	—	$1,570
Feb 1996	80	1,654	16.98	—	$1,358
Jan 1996	97	1,843	17.07	—	$1,656
Dec 1995	123	2,229	17.19	—	$2,114
Nov 1995	98	1,896	16.00	—	$1,568
Oct 1995	52	1,105	15.43	—	$802
Sep 1995	23	3,025	16.18	—	$372
Aug 1995	15	1,923	15.92	—	$239
Jul 1995	20	2,377	15.24	—	$305
Jun 1995	25	2,866	16.41	—	$410
May 1995	37	4,288	17.56	—	$650
Apr 1995	1	0	17.73	—	$18
Mar 1995	60	5,293	16.44	—	$986
Feb 1995	93	8,868	16.58	—	$1,542
Jan 1995	124	11,844	15.92	—	$1,974
Dec 1994	137	12,377	15.03	—	$2,059
Nov 1994	169	13,487	15.90	—	$2,687
Oct 1994	178	15,241	15.58	—	$2,773
Sep 1994	161	15,437	15.29	—	$2,462
Aug 1994	164	15,721	16.13	—	$2,645
Jul 1994	159	14,457	17.56	—	$2,792
Jun 1994	565	17,277	17.09	—	$9,656
May 1994	546	16,284	15.88	—	$8,670
Apr 1994	299	8,307	14.14	—	$4,228
Mar 1994	283	7,728	12.46	—	$3,526
Feb 1994	410	11,166	12.50	—	$5,125
Jan 1994	149	9,499	12.66	—	$1,886
Dec 1993	187	9,961	12.33	—	$2,306
Nov 1993	181	9,620	14.49	—	$2,623
Oct 1993	215	13,035	15.85	—	$3,408
Sep 1993	272	13,913	15.03	—	$4,088
Aug 1993	372	13,339	15.66	—	$5,826
Jul 1993	242	12,450	15.46	—	$3,741
Jun 1993	229	13,356	16.79	—	$3,845
May 1993	258	11,723	17.68	—	$4,561
Apr 1993	225	11,689	18.05	—	$4,061
Mar 1993	111	9,989	18.14	—	$2,014
Feb 1993	393	9,989	17.90	—	$7,035
Jan 1993	199	12,793	16.93	—	$3,369

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.

Oct 2003 — as filed, then multipliedworked

Condensate             0 bbl  × $ 28.17 =         $0
Gas                   41 Mcf  × $  4.76 =       $195

────────────────────────────────────────────────────
Month total                                     $195

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/99655 is the state's own key, not one this site invented.