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 231330District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jul 2007 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
227
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 Gas112008-03-11181425
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
CondensateDisposition7,024 bbl$577,802
GasProduction408,968 Mcf$2,508,673
Total$3,086,475

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 32.0154, -94.6674. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01542, -94.66738 · 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
10,764 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 10,764 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-40134320510,764 ftJul 2007

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 (227)

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

227 months

May 20260118106.413.05$359
Apr 2026043298.932.87$1,240
Mar 202601389.753.15$41
Feb 2026220263.503.75$885
Jan 2026017559.138.00$1,400
Dec 2025019156.664.41$843
Nov 2025329058.593.93$1,314
Oct 202505259.383.30$172
Sep 2025217862.743.08$673
Aug 20251110363.933.01$1,014
Jul 2025113866.743.32$524
Jun 2025023266.483.13$726
May 2025025560.553.23$824
Apr 2025052762.363.54$1,867
Mar 20252638867.704.27$3,416
Feb 2025119670.884.34$922
Jan 202501774.324.28$73
Dec 202432868.993.12$294
Nov 2024230169.052.20$800
Oct 202409971.372.28$226
Sep 2024013069.612.36$307
Aug 2024018375.632.06$378
Jul 20244422279.932.15$3,993
Jun 2024125778.082.63$755
May 2024025778.812.20$565
Apr 202401184.451.66$18
Mar 2024173380.301.55$1,416
Feb 202417476.091.78$208
Jan 2024022573.023.30$742
Dec 2023144971.262.61$1,243
Nov 202305977.892.81$166
Oct 2023034985.443.09$1,077
Sep 2023024089.042.74$656
Aug 202319980.522.67$345
Jul 2023016174.852.64$425
Jun 2023024068.962.26$542
May 2023010270.622.23$227
Apr 2023228378.122.24$790
Mar 2023140572.852.39$1,042
Feb 202303875.112.47$94
Jan 20230376.533.39$10
Dec 2022055976.415.73$3,203
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202201084.888.16$82
Aug 202201494.529.13$128
Jul 202210101.587.54$102
Jun 202210115.097.98$115
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022745108.885.08$991
Feb 202205891.054.86$282
Jan 202202781.844.54$123
Dec 202105471.323.90$211
Nov 202106877.435.24$356
Oct 202125479.795.71$468
Sep 202106669.865.35$353
Aug 202108066.024.22$338
Jul 202107870.783.98$311
Jun 2021815869.493.38$1,090
May 20211013563.483.02$1,042
Apr 20210560.362.76$14
Mar 202107461.302.72$201
Feb 2021026857.805.55$1,487
Jan 20210050.412.81$0
Dec 202004044.642.68$107
Nov 202006338.772.71$171
Oct 2020447436.972.48$1,323
Sep 20209137.091.99$336
Aug 20200739.982.39$17
Jul 20200038.371.83$0
Jun 20201122034.901.69$756
May 2020035616.921.81$646
Apr 2020134214.751.80$632
Mar 20200730.341.86$13
Feb 2020125149.881.98$547
Jan 2020631657.252.09$1,005
Dec 2019128259.012.30$709
Nov 20191036355.302.75$1,552
Oct 2019316153.472.42$550
Sep 20192129655.052.66$1,943
Aug 2019037353.112.30$860
Jul 2019035556.272.46$873
Jun 2019818252.782.49$876
May 2019136358.482.74$1,053
Apr 20191039162.632.75$1,702
Mar 201991156.803.06$545
Feb 20190050.852.79$0
Jan 20191012446.033.23$861
Dec 2018026746.594.19$1,118
Nov 2018035752.934.24$1,513
Oct 2018036761.443.40$1,247
Sep 2018914359.543.11$980
Aug 2018121659.403.07$722
Jul 20181015665.142.93$1,109
Jun 2018922160.183.08$1,222
May 2018335765.382.90$1,232
Apr 20181133363.842.90$1,668
Mar 2018137261.222.79$1,098
Feb 2018101161.782.77$648
Jan 20181051062.874.01$2,673
Dec 2017018257.272.92$532
Nov 20171141755.423.12$1,910
Oct 2017026849.292.98$800
Sep 20171439047.523.09$1,869
Aug 2017048845.373.00$1,466
Jul 20171040443.873.09$1,686
Jun 20171021642.493.09$1,092
May 2017035845.373.26$1,168
Apr 20171039547.933.21$1,748
Mar 2017034646.772.98$1,032
Feb 20171236150.452.95$1,671
Jan 20171231849.413.42$1,680
Dec 2016944548.763.72$2,096
Nov 2016030742.492.64$812
Oct 2016339946.193.09$1,372
Sep 2016844741.553.10$1,718
Aug 2016067741.442.92$1,980
Jul 2016029241.622.92$854
Jun 2016830245.352.69$1,174
May 2016027242.521.99$542
Apr 2016053136.561.99$1,057
Mar 201614133.011.79$464
Feb 20161339326.472.06$1,155
Jan 2016027927.352.36$660
Dec 2015443732.362.00$1,004
Nov 2015737938.792.17$1,093
Oct 20153839143.552.43$2,604
Sep 2015036442.992.76$1,004
Aug 20151644040.162.87$1,906
Jul 2015043348.152.95$1,275
Jun 20152039856.152.88$2,270
May 20151046055.212.96$1,912
Apr 2015550649.822.71$1,619
Mar 2015446342.892.93$1,530
Feb 2015330944.662.98$1,054
Jan 2015646843.433.10$1,712
Dec 2014530554.693.59$1,369
Nov 2014037270.464.25$1,582
Oct 20141036678.303.90$2,211
Sep 20141346386.164.05$2,993
Aug 2014544089.394.04$2,222
Jul 2014644596.564.18$2,439
Jun 20141236398.164.74$2,897
May 20141454994.734.73$3,921
Apr 20141041695.944.81$2,960
Mar 2014649695.895.06$3,084
Feb 2014341397.406.19$2,850
Jan 2014541490.404.86$2,464
Dec 2013454891.824.35$2,754
Nov 2013441688.853.74$1,911
Oct 2013850197.423.78$2,673
Sep 201323592104.113.72$4,595
Aug 201310648104.253.52$3,325
Jul 201319477102.523.72$3,721
Jun 20131065294.403.93$3,509
May 2013366494.834.15$3,039
Apr 2013189293.964.28$3,914
Mar 2013069893.623.91$2,731
Feb 2013035691.233.42$1,217
Jan 20130091.603.42$0
Dec 201209886.773.42$335
Nov 20120086.953.62$0
Oct 20121089.383.40$89
Sep 20120194.672.92$3
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201210079.822.52$798
May 20122222991.612.49$2,585
Apr 20121723101.652.00$1,545
Mar 20120883105.052.22$1,962
Feb 201201,062101.102.57$2,730
Jan 2012181,81598.092.73$6,728
Dec 2011152,64096.873.24$10,006
Nov 2011121,41295.723.31$5,824
Oct 2011211,50184.983.65$7,261
Sep 2011703,42383.623.99$19,497
Aug 2011623,78583.404.15$20,876
Jul 2011323,69794.144.52$19,713
Jun 2011293,61392.904.64$19,458
May 2011163,67398.134.40$17,749
Apr 2011102,944105.964.33$13,817
Mar 201133,38096.364.06$14,003
Feb 2011798185.644.18$4,700
Jan 201101,35086.504.59$6,195
Dec 2010420885.734.35$1,247
Nov 20101764180.843.80$3,807
Oct 2010421,59678.103.51$8,880
Sep 2010433,33172.633.98$16,379
Aug 2010843,55573.684.42$21,900
Jul 2010313,61372.554.74$19,362
Jun 2010563,65270.364.91$21,873
May 2010413,89171.124.24$19,395
Apr 2010273,90681.694.12$18,309
Mar 2010874,07378.394.39$24,695
Feb 2010773,99773.585.44$27,419
Jan 2010534,25674.365.96$29,324
Dec 2009554,82671.445.48$30,394
Nov 2009584,58674.593.75$21,531
Oct 2009484,99172.544.11$23,996
Sep 2009555,48365.543.06$20,409
Aug 2009445,66067.423.22$21,183
Jul 2009185,65961.133.46$20,706
Jun 2009215,64166.163.90$23,361
May 2009355,85154.743.93$24,885
Apr 20091376,42346.773.59$29,450
Mar 20091327,42542.144.06$35,701
Feb 20091146,60832.814.63$34,355
Jan 2009957,36935.865.37$42,986
Dec 2008877,49637.105.98$48,032
Nov 20081198,35655.496.86$63,928
Oct 2008428,48675.246.92$61,900
Sep 2008447,493101.767.88$63,500
Aug 20082610,969114.228.48$96,020
Jul 20087911,016131.0811.39$135,821
Jun 20086749,868131.3313.03$217,122
May 20082578,253123.1711.57$127,177
Apr 2008988,290110.3110.45$97,481
Mar 20088610,147101.909.66$106,825
Feb 20081369,94292.538.77$99,781
Jan 200819811,92790.388.21$115,765
Dec 200727712,69488.337.30$117,159
Nov 200744914,54191.677.29$147,188
Oct 200745217,76782.856.92$160,431
Sep 200767522,73075.846.24$193,122
Aug 200772328,87769.066.39$234,395
Jul 200716412,84770.906.39$93,693

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                  118 Mcf  × $  3.05 =       $359

────────────────────────────────────────────────────
Month total                                     $359

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/231330 is the state's own key, not one this site invented.