TIPPS GAS UNIT

Operated by BUCKHORN OPERATING LLC (P-5 102367) in the BRACHFIELD, S.E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224404District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Oct 2006 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
236
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 382 leases and 382 wells, and the rule below applies to all of them.

Discovered
1981-02-10
as the register files it
Field class
Gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2014-10-14.

The Commission's schedule remark for this field reads: API NO. 401-34011.

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 Gas112007-03-13173778
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
CondensateDisposition13,974 bbl$980,524
GasProduction649,377 Mcf$3,402,753
Total$4,383,276

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 32.0226, -94.6570. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02264, -94.65705 · 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
10,818 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 10,818 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-40133928410,818 ftOct 2006

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 (236)

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

236 months

May 20260949106.413.05$2,891
Apr 2026070198.932.87$2,012
Mar 202601,36989.753.15$4,312
Feb 2026294463.503.75$3,667
Jan 2026087159.138.00$6,966
Dec 202501,03756.664.41$4,577
Nov 2025394958.593.93$3,902
Oct 202501,14159.383.30$3,771
Sep 2025092162.743.08$2,834
Aug 20252076763.933.01$3,591
Jul 202501,03766.743.32$3,438
Jun 2025077966.483.13$2,437
May 2025180360.553.23$2,656
Apr 2025193962.363.54$3,389
Mar 20255482967.704.27$7,194
Feb 2025270470.884.34$3,198
Jan 2025078074.324.28$3,337
Dec 20249089468.993.12$9,000
Nov 202461,56469.052.20$3,853
Oct 202421,09071.372.28$2,629
Sep 2024180269.612.36$1,966
Aug 2024159075.632.06$1,293
Jul 20243924779.932.15$3,647
Jun 2024140778.082.63$1,150
May 2024034278.812.20$752
Apr 2024017684.451.66$292
Mar 2024014280.301.55$219
Feb 202409176.091.78$162
Jan 202404073.023.30$132
Dec 20234120871.262.61$3,465
Nov 2023082877.892.81$2,325
Oct 2023023785.443.09$732
Sep 2023016289.042.74$443
Aug 20231326880.522.67$1,763
Jul 202301,23874.852.64$3,271
Jun 202301,06568.962.26$2,405
May 202311,09870.622.23$2,516
Apr 2023131,05978.122.24$3,385
Mar 202301,00472.852.39$2,403
Feb 2023140275.112.47$1,066
Jan 202301,09476.533.39$3,706
Dec 2022091876.415.73$5,259
Nov 2022493385.005.65$5,608
Oct 202201,01587.185.86$5,952
Sep 202211,03884.888.16$8,559
Aug 202271,08894.529.13$10,592
Jul 2022811,010101.587.54$15,845
Jun 2022151,004115.097.98$9,735
May 202201,034109.378.43$8,720
Apr 202271,008104.226.84$7,622
Mar 20221151,026108.885.08$17,730
Feb 2022097191.054.86$4,718
Jan 2022498281.844.54$4,783
Dec 2021496671.323.90$4,052
Nov 202101,02477.435.24$5,363
Oct 2021741,12079.795.71$12,304
Sep 2021097069.865.35$5,190
Aug 2021899366.024.22$4,719
Jul 202101,25570.783.98$4,998
Jun 2021461,29069.493.38$7,558
May 20214552963.483.02$4,453
Apr 202101,32560.362.76$3,655
Mar 202106461.302.72$174
Feb 2021066457.805.55$3,684
Jan 2021801,09550.412.81$7,110
Dec 2020088544.642.68$2,368
Nov 2020077138.772.71$2,087
Oct 20202270536.972.48$2,561
Sep 20205068737.091.99$3,222
Aug 2020093939.982.39$2,240
Jul 2020056838.371.83$1,037
Jun 20205176734.901.69$3,076
May 2020088216.921.81$1,601
Apr 2020283414.751.80$1,534
Mar 2020261830.341.86$1,208
Feb 2020161649.881.98$1,270
Jan 20205489957.252.09$4,975
Dec 2019296259.012.30$2,335
Nov 20192793355.302.75$4,060
Oct 20191276753.472.42$2,497
Sep 2019791,10655.052.66$7,288
Aug 201921,27453.112.30$3,042
Jul 201901,17856.272.46$2,898
Jun 20194296152.782.49$4,611
May 201941,09358.482.74$3,229
Apr 2019571,32462.632.75$7,212
Mar 20195122256.803.06$3,577
Feb 20190050.852.79$0
Jan 20195548946.033.23$4,110
Dec 2018063446.594.19$2,654
Nov 2018062252.934.24$2,636
Oct 2018375561.443.40$2,750
Sep 20184974559.543.11$5,233
Aug 2018787559.403.07$3,099
Jul 20185283465.142.93$5,832
Jun 20185280660.183.08$5,609
May 2018787065.382.90$2,981
Apr 20185787663.842.90$6,180
Mar 2018697961.222.79$3,096
Feb 2018551,42561.782.77$7,340
Jan 2018541,16562.874.01$8,066
Dec 201701,24657.272.92$3,640
Nov 2017601,18855.423.12$7,030
Oct 201701,33349.292.98$3,977
Sep 2017461,24147.523.09$6,017
Aug 201701,28645.373.00$3,864
Jul 2017541,48443.873.09$6,951
Jun 2017561,39742.493.09$6,692
May 201701,31845.373.26$4,301
Apr 2017401,21747.933.21$5,826
Mar 201721,50146.772.98$4,572
Feb 2017411,18950.452.95$5,579
Jan 2017321,38049.413.42$6,299
Dec 20164293948.763.72$5,544
Nov 201601,07142.492.64$2,832
Oct 2016121,72046.193.09$5,870
Sep 2016481,93541.553.10$7,994
Aug 201603,87541.442.92$11,332
Jul 201601,54741.622.92$4,524
Jun 2016471,79545.352.69$6,953
May 201601,96542.521.99$3,912
Apr 201602,31936.561.99$4,617
Mar 2016162,26333.011.79$4,588
Feb 201602,13726.472.06$4,410
Jan 201602,26527.352.36$5,355
Dec 201502,34532.362.00$4,693
Nov 201502,22938.792.17$4,831
Oct 201592,36243.552.43$6,124
Sep 201502,56442.992.76$7,073
Aug 2015532,73840.162.87$9,993
Jul 201502,58448.152.95$7,610
Jun 2015712,30156.152.88$10,620
May 2015602,60055.212.96$10,997
Apr 2015652,59149.822.71$10,251
Mar 2015462,54542.892.93$9,442
Feb 2015452,48244.662.98$9,397
Jan 20151702,65943.433.10$15,628
Dec 2014592,97354.693.59$13,904
Nov 201402,86470.464.25$12,177
Oct 2014603,03178.303.90$16,522
Sep 2014582,91486.164.05$16,786
Aug 2014712,70989.394.04$17,278
Jul 2014652,70396.564.18$17,574
Jun 2014242,55298.164.74$14,444
May 2014222,38594.734.73$13,357
Apr 2014212,18495.944.81$12,518
Mar 2014241,92195.895.06$12,015
Feb 2014292,16797.406.19$16,243
Jan 2014792,65590.404.86$20,047
Dec 2013472,98891.824.35$17,327
Nov 2013552,95288.853.74$15,922
Oct 2013452,97497.423.78$15,624
Sep 2013732,601104.113.72$17,270
Aug 2013323,178104.253.52$14,531
Jul 2013433,053102.523.72$15,759
Jun 2013263,25194.403.93$15,242
May 2013813,24194.834.15$21,128
Apr 2013653,20493.964.28$19,829
Mar 2013443,42693.623.91$17,525
Feb 2013183,07391.233.42$12,152
Jan 2013852,57791.603.42$16,599
Dec 2012332,98586.773.42$13,073
Nov 2012593,30786.953.62$17,118
Oct 2012693,27989.383.40$17,315
Sep 2012473,12294.672.92$13,561
Aug 2012883,26792.662.91$17,655
Jul 2012353,15985.133.02$12,522
Jun 2012623,68479.822.52$14,229
May 2012633,20991.612.49$13,756
Apr 2012893,320101.652.00$15,676
Mar 2012972,791105.052.22$16,392
Feb 2012673,153101.102.57$14,878
Jan 2012933,29398.092.73$18,126
Dec 2011893,28396.873.24$19,258
Nov 20111253,38295.723.31$23,164
Oct 2011233,63384.983.65$15,210
Sep 2011963,74283.623.99$22,942
Aug 20111553,91783.404.15$29,180
Jul 2011444,04594.144.52$22,414
Jun 2011954,00192.904.64$27,390
May 20111274,16098.134.40$30,787
Apr 2011344,220105.964.33$21,889
Mar 2011313,94896.364.06$19,006
Feb 20111303,61585.644.18$26,244
Jan 2011323,99686.504.59$21,105
Dec 2010243,75885.734.35$18,396
Nov 2010324,25280.843.80$18,725
Oct 2010364,37978.103.51$18,177
Sep 2010314,33572.633.98$19,503
Aug 20101154,55673.684.42$28,608
Jul 2010883,26572.554.74$21,849
Jun 20101673,68170.364.91$29,825
May 20101173,46771.124.24$23,005
Apr 2010913,63481.694.12$22,416
Mar 20102033,85278.394.39$32,818
Feb 20101133,54073.585.44$27,580
Jan 20101863,97574.365.96$37,538
Dec 20092273,74971.445.48$36,775
Nov 20092033,97374.593.75$30,046
Oct 20091034,32272.544.11$25,236
Sep 20091154,47565.543.06$21,252
Aug 2009924,89067.423.22$21,941
Jul 2009423,61761.133.46$15,099
Jun 2009634,80966.163.90$22,899
May 20091014,78554.743.93$24,313
Apr 2009924,60846.773.59$20,834
Mar 2009724,89242.144.06$22,891
Feb 2009764,47532.814.63$23,226
Jan 2009785,46335.865.37$32,139
Dec 2008995,02637.105.98$33,714
Nov 2008885,23255.496.86$40,777
Oct 2008555,57175.246.92$42,701
Sep 2008925,208101.767.88$50,386
Aug 2008586,685114.228.48$63,334
Jul 2008716,626131.0811.39$84,773
Jun 2008686,062131.3313.03$87,934
May 2008386,857123.1711.57$84,045
Apr 2008426,555110.3110.45$73,165
Mar 2008426,710101.909.66$69,126
Feb 2008596,16892.538.77$59,556
Jan 20081197,03190.388.21$68,450
Dec 20071727,38188.337.30$69,089
Nov 20071817,61091.677.29$72,082
Oct 20071578,43082.856.92$71,360
Sep 20072038,75775.846.24$70,076
Aug 20073249,93869.066.39$85,859
Jul 200718810,25070.906.39$78,806
Jun 200718910,37262.007.55$90,011
May 200712313,04858.747.85$109,603
Apr 200724913,98959.617.81$124,030
Mar 200735413,85756.927.30$121,333
Feb 200732311,68455.108.22$113,793
Jan 200759411,33450.306.73$106,120
Dec 200692318,10056.656.92$177,512
Nov 20061,04421,89754.207.62$223,385
Oct 2006902,59354.906.01$20,535

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             0 bbl  × $106.41 =         $0
Gas                  949 Mcf  × $  3.05 =     $2,891

────────────────────────────────────────────────────
Month total                                   $2,891

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. 06/G/224404 is the state's own key, not one this site invented.