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 231626District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Aug 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
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 Gas112008-03-11181339
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
CondensateDisposition8,879 bbl$721,655
GasProduction354,746 Mcf$2,190,982
Total$2,912,637

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 32.0108, -94.6762. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01082, -94.67616 · 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
11,400 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 11,400 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-40134334711,400 ftOct 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 (226)

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

226 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20231072.852.39$73
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022088776.415.73$5,082
Nov 2022021485.005.65$1,208
Oct 20220087.185.86$0
Sep 202202084.888.16$163
Aug 20220194.529.13$9
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202111069.493.38$764
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210157.805.55$6
Jan 20210750.412.81$20
Dec 20200444.642.68$11
Nov 20200238.772.71$5
Oct 20208136.972.48$298
Sep 202016137.091.99$595
Aug 202001439.982.39$33
Jul 20200038.371.83$0
Jun 202013034.901.69$454
May 20200216.921.81$4
Apr 20200114.751.80$2
Mar 20200130.341.86$2
Feb 20200449.881.98$8
Jan 20207257.252.09$405
Dec 20190359.012.30$7
Nov 20190055.302.75$0
Oct 20190853.472.42$19
Sep 20192230555.052.66$2,022
Aug 20190153.112.30$2
Jul 2019029656.272.46$728
Jun 20191123852.782.49$1,173
May 2019372058.482.74$2,148
Apr 2019048462.632.75$1,331
Mar 2019031056.803.06$949
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201601841.622.92$53
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201317097.423.78$1,656
Sep 201377482104.113.72$9,808
Aug 201358837104.253.52$8,995
Jul 2013105734102.523.72$13,493
Jun 20134668694.403.93$7,041
May 20139383494.834.15$12,280
Apr 20138285593.964.28$11,366
Mar 20137694393.623.91$10,805
Feb 20134388891.233.42$6,960
Jan 20131311,00891.603.42$15,447
Dec 2012231,05286.773.42$5,594
Nov 2012221,05286.953.62$5,726
Oct 2012291,10589.383.40$6,349
Sep 2012131,12294.672.92$4,505
Aug 2012271,19092.662.91$5,963
Jul 20121799685.133.02$4,456
Jun 2012351,15179.822.52$5,693
May 2012501,35591.612.49$7,952
Apr 2012641,511101.652.00$9,523
Mar 2012731,481105.052.22$10,960
Feb 2012951,663101.102.57$13,879
Jan 20121441,69298.092.73$18,751
Dec 2011971,67796.873.24$14,829
Nov 20111271,85195.723.31$18,286
Oct 2011311,79884.983.65$9,194
Sep 2011831,95283.623.99$14,721
Aug 2011791,89483.404.15$14,447
Jul 2011792,68694.144.52$19,570
Jun 20111272,85192.904.64$25,027
May 20111023,04698.134.40$23,426
Apr 2011892,967105.964.33$22,287
Mar 2011883,12096.364.06$21,139
Feb 20113492,84085.644.18$41,760
Jan 20111673,31586.504.59$29,657
Dec 20101773,03685.734.35$28,374
Nov 20102622,89280.843.80$32,156
Oct 20102023,12278.103.51$26,731
Sep 2010613,28572.633.98$17,503
Aug 2010203,45273.684.42$16,729
Jul 2010183,53572.554.74$18,049
Jun 2010613,66570.364.91$22,289
May 2010733,69271.124.24$20,828
Apr 2010453,72281.694.12$19,021
Mar 20101064,09878.394.39$26,294
Feb 2010763,80473.585.44$26,295
Jan 2010623,90474.365.96$27,894
Dec 2009484,28671.445.48$26,932
Nov 2009394,38474.593.75$19,356
Oct 2009444,71272.544.11$22,559
Sep 2009615,02465.543.06$19,395
Aug 2009775,39467.423.22$22,552
Jul 2009675,52761.133.46$23,244
Jun 2009595,49766.163.90$25,314
May 2009875,98554.743.93$28,258
Apr 20091666,11746.773.59$29,709
Mar 20091096,62142.144.06$31,468
Feb 20091196,17532.814.63$32,513
Jan 20091177,14335.865.37$42,561
Dec 20081376,89537.105.98$46,295
Nov 20082377,22255.496.86$62,697
Oct 20085377,74075.246.92$93,980
Sep 20081877,117101.767.88$75,090
Aug 2008219,745114.228.48$85,066
Jul 20083710,262131.0811.39$121,728
Jun 2008939,827131.3313.03$140,285
May 2008677,211123.1711.57$91,715
Apr 2008367,174110.3110.45$78,974
Mar 2008737,990101.909.66$84,655
Feb 20081527,65192.538.77$81,168
Jan 200827010,26190.388.21$108,602
Dec 200711411,20088.337.30$91,852
Nov 200726913,73991.677.29$124,840
Oct 200729018,16182.856.92$149,737
Sep 20071,29434,30475.846.24$312,337
Aug 20077912,99669.066.39$88,473

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.

Mar 2023 — as filed, then multipliedworked
Condensate             1 bbl  × $ 72.85 =        $73
Gas                    0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                      $73

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/231626 is the state's own key, not one this site invented.