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 226068District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Nov 2006 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
235
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 Gas112007-08-01176005
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
CondensateDisposition23,616 bbl$1,801,585
GasProduction604,279 Mcf$3,378,201
Total$5,179,786

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 32.0177, -94.6720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01774, -94.67199 · 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
10,803 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 10,803 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-40134078310,803 ftNov 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 (235)

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

235 months

May 20260179106.413.05$545
Apr 2026040998.932.87$1,174
Mar 2026061489.753.15$1,934
Feb 2026651663.503.75$2,316
Jan 2026038159.138.00$3,047
Dec 2025054256.664.41$2,392
Nov 20251175958.593.93$3,625
Oct 2025071359.383.30$2,356
Sep 2025556262.743.08$2,043
Aug 20251834963.933.01$2,203
Jul 2025280366.743.32$2,796
Jun 2025045466.483.13$1,420
May 2025147160.553.23$1,583
Apr 2025043562.363.54$1,541
Mar 20253451767.704.27$4,509
Feb 2025260570.884.34$2,768
Jan 2025045074.324.28$1,925
Dec 20245352068.993.12$5,280
Nov 2024369669.052.20$1,737
Oct 2024014771.372.28$335
Sep 2024013669.612.36$322
Aug 2024283675.632.06$1,876
Jul 20243825879.932.15$3,591
Jun 2024130478.082.63$879
May 2024072078.812.20$1,583
Apr 2024147184.451.66$866
Mar 2024599080.301.55$1,931
Feb 202401,07476.091.78$1,916
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202303185.443.09$96
Sep 2023030589.042.74$834
Aug 2023491980.522.67$2,778
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023349178.122.24$1,333
Mar 20233072872.852.39$3,928
Feb 2023121275.112.47$598
Jan 2023066276.533.39$2,243
Dec 2022090176.415.73$5,162
Nov 202213885.005.65$300
Oct 2022037387.185.86$2,187
Sep 2022044684.888.16$3,641
Aug 2022137594.529.13$3,517
Jul 202218465101.587.54$5,336
Jun 20222405115.097.98$3,461
May 20220401109.378.43$3,382
Apr 20221420104.226.84$2,976
Mar 20224259108.885.08$1,750
Feb 2022038891.054.86$1,885
Jan 2022253381.844.54$2,582
Dec 2021365971.323.90$2,783
Nov 2021075977.435.24$3,975
Oct 20214373779.795.71$7,642
Sep 2021083569.865.35$4,468
Aug 20211381666.024.22$4,302
Jul 2021078370.783.98$3,118
Jun 20211140169.493.38$2,120
May 20215764263.483.02$5,556
Apr 2021040560.362.76$1,117
Mar 202102861.302.72$76
Feb 2021020357.805.55$1,126
Jan 20214659250.412.81$3,983
Dec 2020043444.642.68$1,161
Nov 2020043538.772.71$1,177
Oct 20201648836.972.48$1,801
Sep 20203992337.091.99$3,284
Aug 2020058739.982.39$1,400
Jul 2020077038.371.83$1,405
Jun 20204168934.901.69$2,596
May 202001,02016.921.81$1,851
Apr 2020271714.751.80$1,323
Mar 2020290130.341.86$1,733
Feb 2020299449.881.98$2,069
Jan 2020481,15557.252.09$5,167
Dec 2019273659.012.30$1,814
Nov 20192484755.302.75$3,657
Oct 20191061253.472.42$2,015
Sep 2019721,01755.052.66$6,666
Aug 2019195553.112.30$2,254
Jul 201901,11556.272.46$2,743
Jun 20194499752.782.49$4,806
May 2019394958.482.74$2,776
Apr 20194298262.632.75$5,332
Mar 2019391,21056.803.06$5,920
Feb 20190050.852.79$0
Jan 20194062446.033.23$3,856
Dec 2018083646.594.19$3,499
Nov 201801,03752.934.24$4,394
Oct 201811,24461.443.40$4,289
Sep 2018361,14559.543.11$5,702
Aug 201891,36659.403.07$4,724
Jul 2018391,20865.142.93$6,082
Jun 2018391,08460.183.08$5,682
May 2018111,23765.382.90$4,307
Apr 2018431,10763.842.90$5,956
Mar 201841,13661.222.79$3,411
Feb 2018411,45761.782.77$6,563
Jan 2018401,06462.874.01$6,781
Dec 201701,15557.272.92$3,374
Nov 2017451,24255.423.12$6,367
Oct 201701,28149.292.98$3,822
Sep 2017481,30447.523.09$6,307
Aug 201701,18045.373.00$3,545
Jul 2017391,34643.873.09$5,866
Jun 2017401,35342.493.09$5,877
May 201701,36345.373.26$4,448
Apr 2017411,48347.933.21$6,728
Mar 201721,46046.772.98$4,450
Feb 2017441,29650.452.95$6,046
Jan 2017421,39049.413.42$6,827
Dec 2016411,39448.763.72$7,189
Nov 201601,49142.492.64$3,943
Oct 2016101,53746.193.09$5,212
Sep 2016361,45841.553.10$6,017
Aug 201602,71141.442.92$7,928
Jul 201601,24641.622.92$3,644
Jun 2016351,35645.352.69$5,229
May 201601,50642.521.99$2,999
Apr 201601,49036.561.99$2,967
Mar 2016281,56433.011.79$3,730
Feb 2016551,53626.472.06$4,626
Jan 201601,47327.352.36$3,483
Dec 2015781,68432.362.00$5,894
Nov 2015911,67038.792.17$7,149
Oct 20152261,75343.552.43$14,096
Sep 201501,75942.992.76$4,852
Aug 2015671,83140.162.87$7,950
Jul 201501,76448.152.95$5,195
Jun 2015451,76656.152.88$7,618
May 2015451,80855.212.96$7,828
Apr 2015381,71449.822.71$6,532
Mar 2015431,82142.892.93$7,188
Feb 2015431,72644.662.98$7,057
Jan 20151631,87743.433.10$12,899
Dec 2014581,81854.693.59$9,701
Nov 201401,96070.464.25$8,334
Oct 2014422,11878.303.90$11,551
Sep 2014381,98186.164.05$11,288
Aug 2014382,04189.394.04$11,633
Jul 2014272,07296.564.18$11,267
Jun 2014332,04898.164.74$12,940
May 2014402,13094.734.73$13,857
Apr 2014472,10795.944.81$14,642
Mar 2014532,14895.895.06$15,944
Feb 2014551,97897.406.19$17,605
Jan 20141061,96890.404.86$19,148
Dec 2013592,18791.824.35$14,941
Nov 2013582,22688.853.74$13,475
Oct 2013642,30197.423.78$14,931
Sep 20131152,014104.113.72$19,460
Aug 2013521,618104.253.52$11,121
Jul 2013991,516102.523.72$15,786
Jun 2013451,66994.403.93$10,813
May 2013821,65994.834.15$14,659
Apr 2013861,64293.964.28$15,113
Mar 20131001,90893.623.91$16,828
Feb 2013461,51391.233.42$9,371
Jan 20131322,08791.603.42$19,229
Dec 2012511,86586.773.42$10,804
Nov 20121032,19586.953.62$16,913
Oct 2012742,35089.383.40$14,603
Sep 2012431,88594.672.92$9,572
Aug 20121082,21692.662.91$16,452
Jul 2012792,33585.133.02$13,779
Jun 20121582,73079.822.52$19,489
May 20121552,87191.612.49$21,344
Apr 20121263,137101.652.00$19,072
Mar 20121162,534105.052.22$17,817
Feb 20121022,760101.102.57$17,406
Jan 2012572,70198.092.73$12,976
Dec 201103,13796.873.24$10,163
Nov 201102,76895.723.31$9,166
Oct 201103,52384.983.65$12,854
Sep 201153,39283.623.99$13,938
Aug 2011783,17383.404.15$19,671
Jul 2011693,15194.144.52$20,729
Jun 20111063,14592.904.64$24,440
May 20111872,87898.134.40$31,027
Apr 20113602,577105.964.33$49,312
Mar 20111792,86196.364.06$28,856
Feb 201132,63985.644.18$11,288
Jan 20111342,91886.504.59$24,981
Dec 2010542,88785.734.35$17,181
Nov 2010312,62080.843.80$12,450
Oct 2010392,86778.103.51$13,106
Sep 2010403,04472.633.98$15,019
Aug 20101183,07073.684.42$22,262
Jul 2010522,94172.554.74$17,703
Jun 2010893,29470.364.91$22,437
May 2010603,03771.124.24$17,130
Apr 2010403,32281.694.12$16,963
Mar 20101023,26078.394.39$22,303
Feb 2010623,25073.585.44$22,250
Jan 2010553,28274.365.96$23,664
Dec 2009743,88771.445.48$26,602
Nov 2009693,97674.593.75$20,063
Oct 2009232,35372.544.11$11,340
Sep 2009764,06665.543.06$17,442
Aug 2009924,37767.423.22$20,290
Jul 20091224,33261.133.46$22,466
Jun 20091384,52466.163.90$26,751
May 2009544,48154.743.93$20,547
Apr 20091454,49946.773.59$22,922
Mar 20091615,06542.144.06$27,343
Feb 20091104,61032.814.63$24,967
Jan 2009835,61335.865.37$33,124
Dec 20081505,30937.105.98$37,298
Nov 20081535,54955.496.86$46,558
Oct 20081235,60575.246.92$48,052
Sep 20082405,454101.767.88$67,384
Aug 20084307,341114.228.48$111,388
Jul 20087077,362131.0811.39$176,523
Jun 20087917,010131.3313.03$195,241
May 20085657,887123.1711.57$160,877
Apr 20086667,152110.3110.45$148,240
Mar 20088037,978101.909.66$158,926
Feb 20084237,51292.538.77$105,025
Jan 20084238,34290.388.21$106,683
Dec 20072509,09088.337.30$88,457
Nov 20072749,37191.677.29$93,448
Oct 200717410,65282.856.92$88,149
Sep 200724211,41675.846.24$89,637
Aug 200753113,25669.066.39$121,349
Jul 200752010,34570.906.39$102,951
Jun 200766011,12562.007.55$124,897
May 200786012,93558.747.85$152,008
Apr 20071,12313,64959.617.81$173,475
Mar 200786511,73556.927.30$134,924
Feb 200775513,34555.108.22$151,243
Jan 20071,30922,00350.306.73$213,854
Dec 20061,44431,86556.656.92$302,259
Nov 20061,02120,89554.207.62$214,505

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                  179 Mcf  × $  3.05 =       $545

────────────────────────────────────────────────────
Month total                                     $545

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/226068 is the state's own key, not one this site invented.