TIPPETT "12"

Name: TIPPETT "12" lease production and value, Jun 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by APACHE CORPORATION (P-5 27200) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35400District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$5.8 M

Jun 1997 – Jul 2016

Value, last 12 filed months

$81 k

at the published price for each month

Months reported

230

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	128,931 bbl	$4,861,145
Casinghead gas	Production	199,633 Mcf	$959,107
Total			$5,820,252

Wells on this lease (2)

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 31.6989, -102.1696. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.69893, -102.16958 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

10,918 ft

2 wells filed one

Completion to plug

26.9 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

Between 10,900 and 10,936 ft, median 10,918 ft, over the 2 wells that filed a depth.

Completions filed

May 1997

2 of 2 wells

Plug dates filed

Feb 2023 – May 2025

2 of 2 wells

Last completion to plug: a median of 26.9 years across the 2 wells that filed both dates, with the middle half between 26.3 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-32931651	2	10,900 ft	May 1997	Feb 2023	Yes
42-32931577	1	10,936 ft	May 1997	May 2025	Yes

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 (230)

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

230 months


Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	274	241	33.01	1.79	$9,477
Feb 2016	291	246	26.47	2.06	$8,210
Jan 2016	281	748	27.35	2.36	$9,454
Dec 2015	319	884	32.36	2.00	$12,092
Nov 2015	191	455	38.79	2.17	$8,395
Oct 2015	227	289	43.55	2.43	$10,587
Sep 2015	265	178	42.99	2.76	$11,883
Aug 2015	251	235	40.16	2.87	$10,755
Jul 2015	233	282	48.15	2.95	$12,049
Jun 2015	238	243	56.15	2.88	$14,064
May 2015	240	168	55.21	2.96	$13,747
Apr 2015	288	81	49.82	2.71	$14,567
Mar 2015	313	499	42.89	2.93	$14,889
Feb 2015	277	1,309	44.66	2.98	$16,267
Jan 2015	275	1,238	43.43	3.10	$15,782
Dec 2014	293	1,219	54.69	3.59	$20,402
Nov 2014	324	85	70.46	4.25	$23,190
Oct 2014	316	125	78.30	3.90	$25,230
Sep 2014	321	151	86.16	4.05	$28,268
Aug 2014	347	147	89.39	4.04	$31,611
Jul 2014	239	0	96.56	4.18	$23,078
Jun 2014	192	245	98.16	4.74	$20,007
May 2014	230	198	94.73	4.73	$22,724
Apr 2014	250	154	95.94	4.81	$24,726
Mar 2014	278	176	95.89	5.06	$27,547
Feb 2014	342	203	97.40	6.19	$34,568
Jan 2014	340	305	90.40	4.86	$32,219
Dec 2013	357	197	91.82	4.35	$33,638
Nov 2013	154	141	88.85	3.74	$14,210
Oct 2013	202	153	97.42	3.78	$20,257
Sep 2013	451	568	104.11	3.72	$49,065
Aug 2013	435	411	104.25	3.52	$46,797
Jul 2013	145	101	102.52	3.72	$15,241
Jun 2013	257	231	94.40	3.93	$25,169
May 2013	266	291	94.83	4.15	$26,432
Apr 2013	378	365	93.96	4.28	$37,080
Mar 2013	243	398	93.62	3.91	$24,307
Feb 2013	247	387	91.23	3.42	$23,857
Jan 2013	284	0	91.60	3.42	$26,014
Dec 2012	269	332	86.77	3.42	$24,477
Nov 2012	228	365	86.95	3.62	$21,148
Oct 2012	292	366	89.38	3.40	$27,343
Sep 2012	298	403	94.67	2.92	$29,388
Aug 2012	284	482	92.66	2.91	$27,717
Jul 2012	181	235	85.13	3.02	$16,118
Jun 2012	205	245	79.82	2.52	$16,980
May 2012	301	391	91.61	2.49	$28,548
Apr 2012	285	220	101.65	2.00	$29,410
Mar 2012	281	189	105.05	2.22	$29,939
Feb 2012	299	196	101.10	2.57	$30,733
Jan 2012	351	251	98.09	2.73	$35,116
Dec 2011	268	219	96.87	3.24	$26,671
Nov 2011	154	215	95.72	3.31	$15,453
Oct 2011	252	316	84.98	3.65	$22,568
Sep 2011	187	316	83.62	3.99	$16,896
Aug 2011	362	350	83.40	4.15	$31,643
Jul 2011	370	347	94.14	4.52	$36,399
Jun 2011	424	385	92.90	4.64	$41,176
May 2011	383	274	98.13	4.40	$38,791
Apr 2011	337	226	105.96	4.33	$36,688
Mar 2011	327	274	96.36	4.06	$32,621
Feb 2011	291	226	85.64	4.18	$25,866
Jan 2011	364	255	86.50	4.59	$32,656
Dec 2010	326	297	85.73	4.35	$29,239
Nov 2010	327	433	80.84	3.80	$28,078
Oct 2010	0	382	78.10	3.51	$1,340
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	1	0	73.68	4.42	$74
Jul 2010	39	264	72.55	4.74	$4,080
Jun 2010	160	240	70.36	4.91	$12,436
May 2010	357	417	71.12	4.24	$27,156
Apr 2010	403	473	81.69	4.12	$34,871
Mar 2010	440	775	78.39	4.39	$37,893
Feb 2010	381	593	73.58	5.44	$31,261
Jan 2010	414	402	74.36	5.96	$33,183
Dec 2009	241	266	71.44	5.48	$18,676
Nov 2009	287	211	74.59	3.75	$22,199
Oct 2009	331	212	72.54	4.11	$24,882
Sep 2009	328	33	65.54	3.06	$21,598
Aug 2009	285	146	67.42	3.22	$19,685
Jul 2009	339	188	61.13	3.46	$21,374
Jun 2009	302	176	66.16	3.90	$20,666
May 2009	350	188	54.74	3.93	$19,897
Apr 2009	244	174	46.77	3.59	$12,036
Mar 2009	284	184	42.14	4.06	$12,715
Feb 2009	321	238	32.81	4.63	$11,635
Jan 2009	391	407	35.86	5.37	$16,207
Dec 2008	78	194	37.10	5.98	$4,053
Nov 2008	225	110	55.49	6.86	$13,240
Oct 2008	155	464	75.24	6.92	$14,874
Sep 2008	147	871	101.76	7.88	$21,820
Aug 2008	357	832	114.22	8.48	$47,834
Jul 2008	345	718	131.08	11.39	$53,400
Jun 2008	278	621	131.33	13.03	$44,603
May 2008	280	573	123.17	11.57	$41,120
Apr 2008	304	564	110.31	10.45	$39,431
Mar 2008	424	592	101.90	9.66	$48,927
Feb 2008	406	441	92.53	8.77	$41,435
Jan 2008	360	1,194	90.38	8.21	$42,334
Dec 2007	378	2,154	88.33	7.30	$49,117
Nov 2007	310	230	91.67	7.29	$30,095
Oct 2007	298	173	82.85	6.92	$25,887
Sep 2007	203	221	75.84	6.24	$16,775
Aug 2007	646	1,092	69.06	6.39	$51,588
Jul 2007	315	365	70.90	6.39	$24,665
Jun 2007	301	215	62.00	7.55	$20,285
May 2007	399	648	58.74	7.85	$28,522
Apr 2007	352	723	59.61	7.81	$26,626
Mar 2007	468	368	56.92	7.30	$29,326
Feb 2007	219	322	55.10	8.22	$14,712
Jan 2007	416	136	50.30	6.73	$21,840
Dec 2006	515	275	56.65	6.92	$31,077
Nov 2006	528	379	54.20	7.62	$31,505
Oct 2006	579	468	54.90	6.01	$34,602
Sep 2006	560	484	60.08	5.04	$36,083
Aug 2006	415	1,869	68.71	7.34	$42,233
Jul 2006	314	1,779	69.37	6.34	$33,066
Jun 2006	102	560	66.28	6.38	$10,336
May 2006	105	729	66.01	6.42	$11,615
Apr 2006	178	891	64.39	7.36	$18,020
Mar 2006	307	1,526	56.70	7.08	$28,215
Feb 2006	312	1,724	57.59	7.75	$31,331
Jan 2006	343	2,065	60.59	8.93	$39,230
Dec 2005	355	2,229	54.94	13.42	$49,407
Nov 2005	370	2,168	54.69	10.59	$43,191
Oct 2005	532	1,953	58.34	13.80	$57,980
Sep 2005	571	2,188	61.45	12.08	$61,517
Aug 2005	725	2,218	61.51	9.80	$66,324
Jul 2005	541	1,894	55.69	7.84	$44,984
Jun 2005	501	1,965	52.33	7.38	$40,721
May 2005	532	1,230	45.22	6.65	$32,238
Apr 2005	531	1,277	49.20	7.36	$35,525
Mar 2005	515	1,179	50.37	7.15	$34,376
Feb 2005	448	1,027	45.22	6.31	$26,741
Jan 2005	512	1,148	43.16	6.32	$29,356
Dec 2004	500	1,125	39.86	6.75	$27,525
Nov 2004	500	1,156	45.28	6.33	$29,958
Oct 2004	507	1,150	49.70	6.52	$32,690
Sep 2004	425	1,141	43.24	5.28	$24,406
Aug 2004	417	1,189	42.37	5.55	$24,268
Jul 2004	315	1,165	38.28	6.08	$19,146
Jun 2004	376	1,146	36.10	6.43	$20,946
May 2004	412	1,194	37.48	6.49	$23,196
Apr 2004	405	1,105	34.47	5.86	$20,434
Mar 2004	403	937	34.36	5.53	$19,029
Feb 2004	217	887	32.45	5.51	$11,929
Jan 2004	472	1,060	32.03	6.30	$21,796
Dec 2003	402	1,076	30.26	6.30	$18,945
Nov 2003	488	1,129	28.80	4.60	$19,242
Oct 2003	324	1,152	28.17	4.76	$14,610
Sep 2003	347	1,075	26.31	4.75	$14,235
Aug 2003	494	1,110	29.76	5.13	$20,395
Jul 2003	530	1,129	29.41	5.17	$21,425
Jun 2003	454	1,054	28.56	5.98	$19,272
May 2003	525	1,116	26.59	5.97	$20,625
Apr 2003	524	1,095	26.67	5.41	$19,896
Mar 2003	420	1,080	31.14	6.10	$19,663
Feb 2003	368	831	33.48	7.93	$18,907
Jan 2003	548	1,045	30.31	5.58	$22,443
Dec 2002	600	1,064	26.91	4.85	$21,310
Nov 2002	570	960	24.66	4.14	$18,028
Oct 2002	613	988	26.46	4.23	$20,398
Sep 2002	587	1,107	27.44	3.64	$20,131
Aug 2002	585	1,024	25.96	3.16	$18,427
Jul 2002	829	1,210	24.58	3.06	$24,082
Jun 2002	902	1,306	23.73	3.34	$25,764
May 2002	328	980	24.66	3.58	$11,601
Apr 2002	612	945	23.65	3.51	$17,793
Mar 2002	606	1,015	22.00	3.10	$16,481
Feb 2002	404	858	18.22	2.38	$9,399
Jan 2002	429	878	17.17	2.38	$9,452
Dec 2001	632	1,036	16.93	2.36	$13,149
Nov 2001	503	898	18.07	2.41	$11,249
Oct 2001	635	975	19.78	2.53	$15,026
Sep 2001	586	1,156	24.26	2.25	$16,819
Aug 2001	920	1,075	24.87	3.05	$26,163
Jul 2001	515	1,031	23.93	3.20	$15,620
Jun 2001	647	805	24.56	3.82	$18,969
May 2001	864	1,024	25.52	4.31	$26,460
Apr 2001	549	828	24.68	5.34	$17,967
Mar 2001	398	734	24.54	5.38	$13,713
Feb 2001	742	675	27.75	5.77	$24,483
Jan 2001	538	780	27.47	8.40	$21,330
Dec 2000	467	1,759	26.88	9.12	$28,599
Nov 2000	510	1,758	32.21	5.66	$26,374
Oct 2000	686	1,986	31.23	5.15	$31,643
Sep 2000	672	1,770	31.87	5.19	$30,597
Aug 2000	506	1,185	29.64	4.54	$20,379
Jul 2000	547	845	28.53	4.09	$19,062
Jun 2000	870	951	29.30	4.40	$29,673
May 2000	890	1,201	27.26	3.68	$28,681
Apr 2000	789	1,274	24.51	3.12	$23,308
Mar 2000	734	1,683	28.42	2.86	$25,673
Feb 2000	1,119	1,761	27.62	2.73	$35,708
Jan 2000	1,265	1,935	25.27	2.48	$36,766
Dec 1999	1,319	1,815	24.28	2.42	$36,424
Nov 1999	950	1,531	23.19	2.43	$25,757
Oct 1999	1,110	1,499	20.98	2.80	$27,491
Sep 1999	849	1,409	21.75	2.62	$22,156
Aug 1999	835	1,894	19.26	2.88	$21,528
Jul 1999	871	1,679	17.89	2.37	$19,565
Jun 1999	904	1,561	15.94	2.36	$18,097
May 1999	968	1,874	15.79	2.32	$19,634
Apr 1999	1,153	1,773	15.10	2.21	$21,325
Mar 1999	1,133	1,350	12.47	1.84	$16,610
Feb 1999	1,097	1,274	9.98	1.82	$13,264
Jan 1999	1,190	1,821	10.38	1.90	$15,812
Dec 1998	1,211	1,444	9.20	1.77	$13,702
Nov 1998	1,167	1,403	10.89	2.19	$15,775
Oct 1998	1,581	1,845	12.42	1.97	$23,269
Sep 1998	1,569	2,107	12.59	2.08	$24,142
Aug 1998	1,441	1,948	11.30	1.91	$19,999
Jul 1998	1,702	2,396	11.74	2.24	$25,342
Jun 1998	1,349	2,058	11.24	2.24	$19,767
May 1998	1,579	1,462	12.62	2.21	$23,153
Apr 1998	2,221	2,353	13.04	2.51	$34,857
Mar 1998	2,536	2,368	12.80	2.31	$37,930
Feb 1998	2,310	2,127	13.95	2.30	$37,115
Jan 1998	2,756	2,384	14.70	2.15	$45,650
Dec 1997	2,615	2,286	16.32	2.41	$48,189
Nov 1997	2,568	2,245	18.19	3.09	$53,645
Oct 1997	2,668	2,364	19.25	3.15	$58,805
Sep 1997	2,880	2,217	17.74	2.95	$57,642
Aug 1997	3,128	2,157	17.86	2.55	$61,377
Jul 1997	4,427	2,947	17.58	2.25	$84,448
Jun 1997	369	265	17.24	2.26	$6,960

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 2016 — as filed, then multipliedworked

Oil                  274 bbl  × $ 33.01 =     $9,045
Casinghead gas       241 Mcf  × $  1.79 =       $432

────────────────────────────────────────────────────
Month total                                   $9,477

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. 08/O/35400 is the state's own key, not one this site invented.