TIPTON

Operated by DYNAMIC PRODUCTION, INC. (P-5 237926) in the TIPTON (ATOKA CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119529District 09Field 90218200CondensateGasSaveExport
Value, all time
$94 k
Jan 1993 – Oct 2004
Value, last 12 filed months
$536
at the published price for each month
Months reported
142
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1981-01-23
as the register files it
Field class
Oil and 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: ALLOCATION FORMULA EFF. 5-1-81 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition56 bbl$1,484
GasProduction66,038 Mcf$92,749
Total$94,232

34,817 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.3096, -97.9763. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.30961, -97.97633 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,700 ft
1 wells filed one
Completion to plug
18.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 5,700 ft.

Completions filed
Dec 1985
1 of 1 wells
Plug dates filed
Jul 2004
1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373699025,700 ftDec 1985Jul 2004Yes

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 (142)

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

142 months

Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 200414038.286.08$536
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200304833.487.93$380
Jan 200306330.315.58$352
Dec 200207626.914.85$369
Nov 20020424.664.14$17
Oct 200201426.464.23$59
Sep 200204227.443.64$153
Aug 2002018525.963.16$585
Jul 2002028424.583.06$870
Jun 2002098123.733.34$3,275
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 2002010018.222.38$238
Jan 2002035617.172.38$846
Dec 2001038616.932.36$913
Nov 2001037218.072.41$895
Oct 2001026019.782.53$658
Sep 2001019024.262.25$428
Aug 2001029024.873.05$885
Jul 2001032923.933.20$1,052
Jun 2001039324.563.82$1,503
May 2001038925.524.31$1,676
Apr 2001038324.685.34$2,043
Mar 2001036724.545.38$1,973
Feb 2001031627.755.77$1,822
Jan 2001033627.478.40$2,822
Dec 2000038626.889.12$3,521
Nov 2000034132.215.66$1,929
Oct 2000032831.235.15$1,688
Sep 2000039231.875.19$2,033
Aug 2000040929.644.54$1,857
Jul 2000039028.534.09$1,595
Jun 2000038429.304.40$1,689
May 20002642827.263.68$2,284
Apr 2000037924.513.12$1,181
Mar 2000043828.422.86$1,253
Feb 2000043027.622.73$1,172
Jan 2000043725.272.48$1,084
Dec 1999046424.282.42$1,125
Nov 1999048123.192.43$1,171
Oct 1999052720.982.80$1,478
Sep 1999052921.752.62$1,385
Aug 1999051819.262.88$1,490
Jul 1999046117.892.37$1,094
Jun 1999044915.942.36$1,061
May 1999047615.792.32$1,105
Apr 1999048915.102.21$1,080
Mar 1999045012.471.84$827
Feb 199904339.981.82$787
Jan 1999052610.381.90$999
Dec 199804619.201.77$818
Nov 1998044110.892.19$964
Oct 1998053612.421.97$1,056
Sep 1998051912.592.08$1,081
Aug 1998060011.301.91$1,144
Jul 1998057411.742.24$1,284
Jun 1998061411.242.24$1,374
May 1998065712.622.21$1,450
Apr 1998062713.042.51$1,571
Mar 1998038412.802.31$887
Feb 1998054513.952.30$1,253
Jan 1998063714.702.15$1,373
Dec 1997059516.322.41$1,435
Nov 1997058818.193.09$1,816
Oct 1997062819.253.15$1,978
Sep 1997067317.742.95$1,989
Aug 1997062917.862.55$1,607
Jul 1997063317.582.25$1,422
Jun 1997063117.242.26$1,424
May 1997058618.972.31$1,353
Apr 1997062617.882.08$1,304
Mar 1997062218.951.94$1,206
Feb 1997079920.492.21$1,763
Jan 1997090723.483.54$3,211
Dec 1996082023.32$0
Nov 1996062221.97$0
Oct 1996068323.31$0
Sep 1996066522.22$0
Aug 1996074220.26$0
Jul 1996074719.55$0
Jun 1996068718.73$0
May 1996053319.43$0
Apr 1996061821.51$0
Mar 1996058419.38$0
Feb 1996059616.98$0
Jan 1996065017.07$0
Dec 1995064117.19$0
Nov 1995064716.00$0
Oct 1995067915.43$0
Sep 1995065216.18$0
Aug 1995058415.92$0
Jul 1995046915.24$0
Jun 1995064316.41$0
May 1995068417.56$0
Apr 1995060017.73$0
Mar 1995071816.44$0
Feb 1995065116.58$0
Jan 1995073615.92$0
Dec 1994080915.03$0
Nov 199401,57415.90$0
Oct 1994084115.58$0
Sep 1994080615.29$0
Aug 1994084416.13$0
Jul 1994081017.56$0
Jun 1994075817.09$0
May 1994082615.88$0
Apr 1994077514.14$0
Mar 1994085812.46$0
Feb 1994074912.50$0
Jan 1994077212.66$0
Dec 1993376912.33$37
Nov 1993378714.49$43
Oct 19931077215.85$159
Sep 1993080015.03$0
Aug 1993083315.66$0
Jul 1993044715.46$0
Jun 1993049316.79$0
May 1993071817.68$0
Apr 1993074918.05$0
Mar 1993081218.14$0
Feb 1993075717.90$0
Jan 1993080716.93$0

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.

Jul 2004 — as filed, then multipliedworked
Condensate            14 bbl  × $ 38.28 =       $536
Gas                    0 Mcf  × $  6.08 =         $0

────────────────────────────────────────────────────
Month total                                     $536

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. 09/G/119529 is the state's own key, not one this site invented.