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 242780District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Aug 2008 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
214
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 Gas112009-02-09189351
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
CondensateDisposition3,505 bbl$235,943
GasProduction216,217 Mcf$926,297
Total$1,162,240

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 32.0148, -94.6730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01480, -94.67296 · 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
12,106 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 12,106 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-40134740812,106 ftAug 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 (214)

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

214 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20265063.503.75$318
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20259058.593.93$527
Oct 20250059.383.30$0
Sep 202519062.743.08$1,192
Aug 202510063.933.01$639
Jul 202510066.743.32$667
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202546267.704.27$535
Feb 20250070.884.34$0
Jan 202506074.324.28$257
Dec 20240068.993.12$0
Nov 2024111369.052.20$317
Oct 202401071.372.28$23
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20241410179.932.15$1,336
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024107480.301.55$917
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 202301472.852.39$34
Feb 20230475.112.47$10
Jan 20230476.533.39$14
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
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 20215069.493.38$347
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020316236.972.48$512
Sep 20207137.091.99$262
Aug 20200639.982.39$14
Jul 20200038.371.83$0
Jun 20207034.901.69$244
May 202002916.921.81$53
Apr 202007514.751.80$135
Mar 202003430.341.86$63
Feb 202005149.881.98$101
Jan 202063957.252.09$425
Dec 201905959.012.30$136
Nov 201926155.302.75$278
Oct 2019426453.472.42$852
Sep 20191622455.052.66$1,476
Aug 2019011253.112.30$258
Jul 2019017856.272.46$438
Jun 201925652.782.49$245
May 2019118658.482.74$568
Apr 20191018562.632.75$1,135
Mar 20191019556.803.06$1,165
Feb 20190250.852.79$6
Jan 20191015546.033.23$961
Dec 201807146.594.19$297
Nov 2018012452.934.24$525
Oct 2018021461.443.40$727
Sep 201897859.543.11$778
Aug 2018115359.403.07$529
Jul 2018101165.142.93$684
Jun 20181012260.183.08$977
May 2018112965.382.90$440
Apr 2018107363.842.90$850
Mar 2018113661.222.79$440
Feb 20181010461.782.77$905
Jan 20181015562.874.01$1,250
Dec 201709557.272.92$278
Nov 2017114955.423.12$762
Oct 2017013049.292.98$388
Sep 2017513147.523.09$642
Aug 2017016545.373.00$496
Jul 2017915043.873.09$858
Jun 2017922142.493.09$1,065
May 2017019245.373.26$627
Apr 2017622447.933.21$1,007
Mar 2017115346.772.98$503
Feb 20171025950.452.95$1,269
Jan 2017444549.413.42$1,719
Dec 20161615248.763.72$1,346
Nov 2016062542.492.64$1,653
Oct 201661,16346.193.09$3,871
Sep 20161021941.553.10$1,095
Aug 2016063941.442.92$1,869
Jul 2016028541.622.92$833
Jun 20161037445.352.69$1,458
May 201601,08242.521.99$2,154
Apr 2016085636.561.99$1,704
Mar 2016542933.011.79$935
Feb 2016039026.472.06$805
Jan 2016040427.352.36$955
Dec 2015042632.362.00$853
Nov 2015039538.792.17$856
Oct 2015242943.552.43$1,128
Sep 2015037142.992.76$1,023
Aug 2015041040.162.87$1,178
Jul 2015042648.152.95$1,255
Jun 2015036856.152.88$1,061
May 2015039055.212.96$1,153
Apr 2015041649.822.71$1,126
Mar 2015047742.892.93$1,400
Feb 2015041044.662.98$1,220
Jan 2015046043.433.10$1,426
Dec 2014146854.693.59$1,735
Nov 2014048270.464.25$2,049
Oct 2014043078.303.90$1,677
Sep 2014056986.164.05$2,302
Aug 2014072089.394.04$2,905
Jul 20141661996.564.18$4,132
Jun 20144257398.164.74$6,837
May 2014491,24994.734.73$10,545
Apr 2014511,21395.944.81$10,726
Mar 2014451,29595.895.06$10,864
Feb 2014511,20597.406.19$12,429
Jan 2014941,38490.404.86$15,225
Dec 2013411,45491.824.35$10,096
Nov 2013361,41588.853.74$8,488
Oct 2013201,44797.423.78$7,417
Sep 2013121,341104.113.72$6,235
Aug 201301,316104.253.52$4,636
Jul 201301,172102.523.72$4,357
Jun 2013085794.403.93$3,371
May 2013091094.834.15$3,776
Apr 2013082593.964.28$3,533
Mar 201301,06293.623.91$4,155
Feb 2013087691.233.42$2,996
Jan 2013097591.603.42$3,334
Dec 2012790186.773.42$3,689
Nov 20122199586.953.62$5,433
Oct 2012301,10589.383.40$6,438
Sep 201271,18394.672.92$4,115
Aug 2012231,04292.662.91$5,161
Jul 201281,05185.133.02$3,856
Jun 2012111,00779.822.52$3,415
May 2012171,01291.612.49$4,076
Apr 2012281,307101.652.00$5,456
Mar 201271,008105.052.22$2,975
Feb 201281,350101.102.57$4,279
Jan 201221,17598.092.73$3,409
Dec 2011221,21996.873.24$6,080
Nov 2011321,20695.723.31$7,056
Oct 201141,17084.983.65$4,609
Sep 2011101,11983.623.99$5,296
Aug 2011195083.404.15$4,025
Jul 2011085094.144.52$3,840
Jun 2011279892.904.64$3,888
May 201142,12298.134.40$9,740
Apr 201102,236105.964.33$9,689
Mar 201102,34896.364.06$9,527
Feb 201132,14085.644.18$9,202
Jan 201102,47486.504.59$11,353
Dec 2010222,48885.734.35$12,703
Nov 2010562,24580.843.80$13,048
Oct 2010772,65678.103.51$15,333
Sep 2010552,75172.633.98$14,942
Aug 2010942,03473.684.42$15,915
Jul 2010492,67172.554.74$16,206
Jun 20101002,31570.364.91$18,404
May 2010772,73771.124.24$17,068
Apr 2010433,03381.694.12$16,017
Mar 20101043,49778.394.39$23,500
Feb 2010772,80473.585.44$20,926
Jan 2010573,25474.365.96$23,646
Dec 2009304,05471.445.48$24,374
Nov 2009454,16474.593.75$18,978
Oct 20091134,57472.544.11$26,997
Sep 2009684,99665.543.06$19,768
Aug 2009735,48967.423.22$22,588
Jul 2009685,99761.133.46$24,933
Jun 2009705,96466.163.90$27,861
May 20091817,85054.743.93$40,725
Apr 20091969,20846.773.59$42,201
Mar 20091679,59342.144.06$45,975
Feb 200920210,13132.814.63$53,565
Jan 200919119,00735.865.37$108,936
Dec 2008668,54237.105.98$53,505
Nov 2008363,10055.496.86$23,265
Oct 2008432,18075.246.92$18,325
Sep 20081094,954101.767.88$50,115
Aug 20080608114.228.48$5,158

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.

Feb 2026 — as filed, then multipliedworked
Condensate             5 bbl  × $ 63.50 =       $318
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                     $318

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/242780 is the state's own key, not one this site invented.