TIPTON GAS UNIT 1

Operated by TEXIAN OPERATING COMPANY, LLC (P-5 848681) in the RED LAND, NE (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 238146District 06Field 753266002 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.9 M
May 2008 – May 2026
Value, last 12 filed months
$253 k
at the published price for each month
Months reported
217
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 17 leases and 17 wells, and the rule below applies to all of them.

Discovered
1987-05-11
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/2008.

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 Gas112015-07-20188667
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
CondensateDisposition21,232 bbl$1,659,200
GasProduction4,435,095 Mcf$21,198,250
Total$22,857,449

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 31.4800, -94.6961. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47998, -94.69612 · 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
11,750 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 11,750 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-34732772111,750 ftMay 2008

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 (217)

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

217 months

May 2026736,366106.413.05$27,158
Apr 202603,07298.932.87$8,816
Mar 202605,14889.753.15$16,213
Feb 20261194,80463.503.75$25,573
Jan 202604,57559.138.00$36,590
Dec 202504,74456.664.41$20,937
Nov 202504,91558.593.93$19,298
Oct 202505,06459.383.30$16,736
Sep 20251205,87562.743.08$25,606
Aug 202505,52163.933.01$16,644
Jul 202505,83566.743.32$19,344
Jun 202506,51866.483.13$20,393
May 202506,19260.553.23$20,015
Apr 202502,58062.363.54$9,141
Mar 202502,33767.704.27$9,975
Feb 202504,26770.884.34$18,522
Jan 202505,27674.324.28$22,574
Dec 202404,73068.993.12$14,764
Nov 202405,41969.052.20$11,913
Oct 202406,72671.372.28$15,345
Sep 202405,92669.612.36$14,011
Aug 202405,23675.632.06$10,805
Jul 2024566,14179.932.15$17,658
Jun 202405,81378.082.63$15,311
May 20241085,93378.812.20$21,555
Apr 202405,89984.451.66$9,788
Mar 202406,21780.301.55$9,606
Feb 2024466,04076.091.78$14,273
Jan 202406,44173.023.30$21,240
Dec 202306,17671.262.61$16,124
Nov 202306,06577.892.81$17,028
Oct 2023516,37385.443.09$24,033
Sep 2023616,29489.042.74$22,646
Aug 202306,38680.522.67$17,069
Jul 202306,88874.852.64$18,197
Jun 202306,52068.962.26$14,725
May 202305,33070.622.23$11,872
Apr 202306,28378.122.24$14,060
Mar 20231056,59372.852.39$23,427
Feb 202306,22275.112.47$15,341
Jan 202336,91876.533.39$23,666
Dec 20221446,23576.415.73$46,724
Nov 202206,13185.005.65$34,617
Oct 202216,75587.185.86$39,697
Sep 202207,26884.888.16$59,334
Aug 202206,30994.529.13$57,583
Jul 2022727,080101.587.54$60,712
Jun 202206,681115.097.98$53,296
May 2022647,147109.378.43$67,271
Apr 202206,791104.226.84$46,434
Mar 202207,171108.885.08$36,403
Feb 2022886,83091.054.86$41,198
Jan 202207,66081.844.54$34,759
Dec 202107,62571.323.90$29,731
Nov 202107,47177.435.24$39,125
Oct 202117,84879.795.71$44,922
Sep 202107,55269.865.35$40,410
Aug 202127,85466.024.22$33,281
Jul 2021887,92470.783.98$37,783
Jun 202107,66569.493.38$25,912
May 202107,92863.483.02$23,924
Apr 2021467,94760.362.76$24,698
Mar 202108,37261.302.72$22,746
Feb 20211006,31957.805.55$40,838
Jan 202107,84250.412.81$22,038
Dec 202008,25144.642.68$22,075
Nov 202008,12238.772.71$21,983
Oct 202008,51236.972.48$21,096
Sep 202005,61137.091.99$11,172
Aug 2020908,46839.982.39$23,795
Jul 202008,61238.371.83$15,718
Jun 202009,15334.901.69$15,471
May 202004,59316.921.81$8,335
Apr 202058,13014.751.80$14,743
Mar 2020468,62130.341.86$17,398
Feb 202006,88449.881.98$13,635
Jan 2020389,06457.252.09$21,162
Dec 201908,96759.012.30$20,663
Nov 201918,61355.302.75$23,747
Oct 2019668,91253.472.42$25,083
Sep 201909,28055.052.66$24,660
Aug 2019286,17253.112.30$15,710
Jul 2019010,27856.272.46$25,285
Jun 201905,46652.782.49$13,617
May 2019859,43358.482.74$30,820
Apr 201919,01162.632.75$24,849
Mar 201909,46956.803.06$28,995
Feb 2019958,55950.852.79$28,729
Jan 201909,42146.033.23$30,413
Dec 201819,48746.594.19$39,754
Nov 2018728,96752.934.24$41,806
Oct 201809,64961.443.40$32,788
Sep 201809,81659.543.11$30,508
Aug 2018909,57759.403.07$34,714
Jul 2018010,06465.142.93$29,506
Jun 201809,94860.183.08$30,609
May 201810310,45965.382.90$37,074
Apr 2018010,02363.842.90$29,075
Mar 201811610,31961.222.79$35,859
Feb 201809,26661.782.77$25,631
Jan 2018010,49762.874.01$42,086
Dec 2017010,67957.272.92$31,199
Nov 2017010,68055.423.12$33,304
Oct 201711411,00949.292.98$38,466
Sep 2017011,14947.523.09$34,420
Aug 2017011,13245.373.00$33,445
Jul 201711311,21543.873.09$39,581
Jun 2017010,88842.493.09$33,614
May 201713711,56045.373.26$43,941
Apr 2017011,11547.933.21$35,697
Mar 2017010,81546.772.98$32,269
Feb 2017010,73050.452.95$31,681
Jan 201712811,93349.413.42$47,121
Dec 2016011,96048.763.72$44,525
Nov 2016011,85742.492.64$31,354
Oct 2016011,67746.193.09$36,085
Sep 20168712,31141.553.10$41,787
Aug 2016012,40741.442.92$36,282
Jul 20167212,53441.622.92$39,650
Jun 2016012,34845.352.69$33,165
May 2016013,49142.521.99$26,861
Apr 20169912,42036.561.99$28,348
Mar 2016014,07433.011.79$25,249
Feb 2016012,89426.472.06$26,608
Jan 20165113,90527.352.36$34,271
Dec 2015014,25032.362.00$28,520
Nov 20158814,33238.792.17$34,476
Oct 2015014,47643.552.43$35,127
Sep 2015013,95242.992.76$38,485
Aug 20153014,76940.162.87$43,629
Jul 20158115,07348.152.95$48,291
Jun 2015014,11556.152.88$40,692
May 20157015,63855.212.96$50,082
Apr 2015014,69049.822.71$39,760
Mar 2015015,71642.892.93$46,122
Feb 20157114,56544.662.98$46,519
Jan 2015016,42943.433.10$50,940
Dec 2014016,52854.693.59$59,358
Nov 2014015,50970.464.25$65,942
Oct 20147416,28878.303.90$69,333
Sep 2014015,87286.164.05$64,209
Aug 20149117,02489.394.04$76,828
Jul 2014017,19796.564.18$71,877
Jun 20147317,09498.164.74$88,138
May 2014018,46594.734.73$87,276
Apr 2014017,89195.944.81$86,040
Mar 20143618,30195.895.06$95,997
Feb 2014016,50097.406.19$102,168
Jan 20147219,69990.404.86$102,260
Dec 2013020,05291.824.35$87,316
Nov 2013020,73588.853.74$77,513
Oct 201312321,49797.423.78$93,228
Sep 2013021,881104.113.72$81,348
Aug 2013023,718104.253.52$83,549
Jul 201324527,145102.523.72$126,035
Jun 201308,64094.403.93$33,985
May 20130094.834.15$0
Apr 201306,15593.964.28$26,359
Mar 20137224,51293.623.91$102,653
Feb 2013010,57191.233.42$36,152
Jan 201311024,02291.603.42$92,229
Dec 201211023,91586.773.42$91,338
Nov 2012023,68186.953.62$85,843
Oct 201212024,50689.383.40$94,038
Sep 2012022,94694.672.92$66,966
Aug 201210925,48592.662.91$84,214
Jul 201211026,06185.133.02$88,089
Jun 201212325,83679.822.52$74,900
May 201213227,27191.612.49$79,951
Apr 2012027,425101.652.00$54,762
Mar 20128528,282105.052.22$71,774
Feb 201210827,598101.102.57$81,852
Jan 201222730,65798.092.73$106,085
Dec 2011031,33196.873.24$101,504
Nov 201111430,31195.723.31$111,280
Oct 201112031,66784.983.65$125,736
Sep 201111531,82383.623.99$136,456
Aug 201112633,76683.404.15$150,614
Jul 201112834,67494.144.52$168,681
Jun 201111634,40292.904.64$170,398
May 201111936,07798.134.40$170,590
Apr 201111936,442105.964.33$170,523
Mar 201111738,62696.364.06$167,993
Feb 201124735,62785.644.18$170,073
Jan 201112439,06786.504.59$189,996
Dec 201012541,24285.734.35$190,026
Nov 201012241,26780.843.80$166,484
Oct 201024244,13978.103.51$173,779
Sep 201012243,95572.633.98$183,778
Aug 201023546,97473.684.42$224,910
Jul 201011448,24772.554.74$236,792
Jun 201021848,06870.364.91$251,372
May 201023650,18471.124.24$229,325
Apr 201026245,76981.694.12$210,094
Mar 201024243,81278.394.39$211,247
Feb 201022941,88773.585.44$244,814
Jan 201036549,87074.365.96$324,571
Dec 200926853,46471.445.48$312,329
Nov 200928852,33774.593.75$217,824
Oct 200935549,92172.544.11$230,939
Sep 200934951,72765.543.06$181,404
Aug 200935056,96267.423.22$206,929
Jul 200939058,74061.133.46$227,345
Jun 200959760,89666.163.90$276,687
May 200938965,57054.743.93$278,705
Apr 200958065,96646.773.59$263,780
Mar 200969070,81342.144.06$316,507
Feb 200955966,90232.814.63$328,298
Jan 200959980,51335.865.37$453,915
Dec 200879185,89737.105.98$542,764
Nov 200858088,38255.496.86$638,517
Oct 200874698,00075.246.92$734,483
Sep 2008797100,217101.767.88$870,521
Aug 2008737117,631114.228.48$1,082,046
Jul 20081,196129,185131.0811.39$1,628,115
Jun 20081,097133,400131.3313.03$1,882,622
May 200857177,861123.1711.57$971,516

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            73 bbl  × $106.41 =     $7,768
Gas                6,366 Mcf  × $  3.05 =    $19,390

────────────────────────────────────────────────────
Month total                                  $27,158

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/238146 is the state's own key, not one this site invented.