LIPSCOMB, K. P. GU

Operated by BKV BARNETT, LLC (P-5 72504) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223515District 09Field 105745202 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.0 M
Aug 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
238
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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 Gas112009-07-30193127
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
CondensateDisposition2,955 bbl$191,653
GasProduction2,598,234 Mcf$15,856,668
Total$16,048,321

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 33.1637, -97.2974. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16374, -97.29739 · 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
5,893 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 5,893 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-12132819125,893 ftAug 2006

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 (238)

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

238 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 202301,19780.522.67$3,199
Jul 202301,26474.852.64$3,339
Jun 202301,20468.962.26$2,719
May 202301,09870.622.23$2,446
Apr 202301,28778.122.24$2,880
Mar 202301,46572.852.39$3,506
Feb 202301,22375.112.47$3,016
Jan 202301,05076.533.39$3,557
Dec 202201,02476.415.73$5,867
Nov 202201,47385.005.65$8,317
Oct 202201,09187.185.86$6,397
Sep 202201,36984.888.16$11,176
Aug 202201,33694.529.13$12,194
Jul 202201,346101.587.54$10,152
Jun 202201,440115.097.98$11,487
May 202201,379109.378.43$11,629
Apr 202201,271104.226.84$8,691
Mar 202201,201108.885.08$6,097
Feb 202201,51191.054.86$7,342
Jan 202201,64881.844.54$7,478
Dec 202101,60171.323.90$6,242
Nov 202101,47877.435.24$7,740
Oct 202101,47279.795.71$8,411
Sep 202101,59769.865.35$8,545
Aug 202101,58366.024.22$6,681
Jul 202101,61470.783.98$6,427
Jun 202101,53069.493.38$5,172
May 202101,63163.483.02$4,922
Apr 202101,56860.362.76$4,325
Mar 202101,66361.302.72$4,518
Feb 202101,27757.805.55$7,085
Jan 202101,63050.412.81$4,581
Dec 202001,66444.642.68$4,452
Nov 202001,57038.772.71$4,249
Oct 202001,51436.972.48$3,752
Sep 202001,48137.091.99$2,949
Aug 202001,56139.982.39$3,723
Jul 202001,57038.371.83$2,865
Jun 202001,58234.901.69$2,674
May 202001,60316.921.81$2,909
Apr 202001,55214.751.80$2,800
Mar 202001,54630.341.86$2,870
Feb 202001,42249.881.98$2,817
Jan 202001,53557.252.09$3,215
Dec 201901,49159.012.30$3,436
Nov 201901,54655.302.75$4,253
Oct 201901,65853.472.42$4,010
Sep 2019231,49555.052.66$5,239
Aug 201901,65453.112.30$3,811
Jul 201901,78456.272.46$4,389
Jun 201901,72052.782.49$4,285
May 201901,91758.482.74$5,253
Apr 201901,69662.632.75$4,665
Mar 201901,81456.803.06$5,555
Feb 201901,58150.852.79$4,415
Jan 201901,81146.033.23$5,846
Dec 201801,97846.594.19$8,279
Nov 201801,82952.934.24$7,750
Oct 201801,93561.443.40$6,575
Sep 201802,15759.543.11$6,704
Aug 201802,39959.403.07$7,357
Jul 201801,98365.142.93$5,814
Jun 201802,07860.183.08$6,394
May 201802,24065.382.90$6,498
Apr 201801,82663.842.90$5,297
Mar 201801,86761.222.79$5,203
Feb 201801,60961.782.77$4,451
Jan 201801,73962.874.01$6,972
Dec 201701,68057.272.92$4,908
Nov 201701,67755.423.12$5,229
Oct 201701,87049.292.98$5,579
Sep 201701,94347.523.09$5,999
Aug 201701,77245.373.00$5,324
Jul 201702,00243.873.09$6,181
Jun 201701,94942.493.09$6,017
May 201701,96945.373.26$6,426
Apr 201701,81547.933.21$5,829
Mar 201702,06646.772.98$6,164
Feb 201722,21450.452.95$6,638
Jan 2017312,45549.413.42$9,925
Dec 201602,06848.763.72$7,699
Nov 201601,84842.492.64$4,887
Oct 201601,89346.193.09$5,850
Sep 201601,89641.553.10$5,879
Aug 201602,11541.442.92$6,185
Jul 201602,25441.622.92$6,591
Jun 201602,03845.352.69$5,474
May 201602,18742.521.99$4,354
Apr 201602,11336.561.99$4,207
Mar 201602,24533.011.79$4,028
Feb 201601,77526.472.06$3,663
Jan 201601,70527.352.36$4,031
Dec 201501,84932.362.00$3,701
Nov 201502,08838.792.17$4,525
Oct 201502,16643.552.43$5,256
Sep 201502,00542.992.76$5,531
Aug 201502,17540.162.87$6,248
Jul 201502,02448.152.95$5,961
Jun 201502,17956.152.88$6,282
May 201502,27755.212.96$6,730
Apr 201502,34649.822.71$6,350
Mar 201502,67642.892.93$7,853
Feb 201502,25844.662.98$6,720
Jan 201503,08843.433.10$9,575
Dec 201403,52954.693.59$12,674
Nov 201403,44170.464.25$14,631
Oct 201403,34978.303.90$13,064
Sep 201402,54586.164.05$10,296
Aug 201403,16789.394.04$12,779
Jul 201403,04496.564.18$12,723
Jun 201403,21198.164.74$15,210
May 201403,93294.734.73$18,585
Apr 201405,15895.944.81$24,805
Mar 201403,28995.895.06$16,632
Feb 201403,12997.406.19$19,375
Jan 201403,73790.404.86$18,165
Dec 201302,95891.824.35$12,881
Nov 201305,36988.853.74$20,071
Oct 201305,43297.423.78$20,529
Sep 2013375,475104.113.72$24,207
Aug 201305,541104.253.52$19,519
Jul 201308,188102.523.72$30,441
Jun 201307,16994.403.93$28,199
May 201308,16894.834.15$33,890
Apr 201308,68093.964.28$37,173
Mar 201307,06693.623.91$27,648
Feb 201306,02991.233.42$20,619
Jan 2013838,36591.603.42$36,210
Dec 201208,84586.773.42$30,251
Nov 201209,40786.953.62$34,100
Oct 201208,45689.383.40$28,748
Sep 201206,06094.672.92$17,686
Aug 201205,02192.662.91$14,602
Jul 201207,21585.133.02$21,795
Jun 201207,12579.822.52$17,948
May 201206,81891.612.49$16,965
Apr 201209,811101.652.00$19,591
Mar 201215111,473105.052.22$41,356
Feb 201209,901101.102.57$25,448
Jan 2012011,77098.092.73$32,180
Dec 2011011,46896.873.24$37,153
Nov 2011010,57495.723.31$35,013
Oct 2011012,29284.983.65$44,848
Sep 2011013,00283.623.99$51,823
Aug 2011014,16483.404.15$58,771
Jul 2011013,13494.144.52$59,329
Jun 2011012,70692.904.64$58,954
May 201115413,46098.134.40$74,401
Apr 2011013,239105.964.33$57,368
Mar 2011012,19496.364.06$49,475
Feb 201109,54685.644.18$39,902
Jan 2011012,52786.504.59$57,484
Dec 2010012,52085.734.35$54,434
Nov 201014713,10480.843.80$61,617
Oct 2010013,98578.103.51$49,072
Sep 2010013,53272.633.98$53,850
Aug 2010015,13973.684.42$66,905
Jul 2010014,84972.554.74$70,332
Jun 2010015,11570.364.91$74,221
May 2010015,47271.124.24$65,527
Apr 2010015,60181.694.12$64,318
Mar 2010016,38778.394.39$71,917
Feb 201015815,36573.585.44$95,248
Jan 2010015,05374.365.96$89,777
Dec 2009016,40471.445.48$89,955
Nov 2009016,68974.593.75$62,609
Oct 200918218,08972.544.11$87,553
Sep 2009018,56965.543.06$56,909
Aug 2009018,23067.423.22$58,673
Jul 2009019,93861.133.46$69,075
Jun 2009019,56766.163.90$76,213
May 2009022,00454.743.93$86,382
Apr 2009022,15046.773.59$79,463
Mar 2009020,73942.144.06$84,180
Feb 2009022,13332.814.63$102,542
Jan 2009024,96035.865.37$134,060
Dec 2008024,06737.105.98$143,852
Nov 2008027,39155.496.86$187,912
Oct 2008029,77175.246.92$206,074
Sep 2008029,022101.767.88$228,609
Aug 2008031,811114.228.48$269,853
Jul 2008034,794131.0811.39$396,284
Jun 2008034,425131.3313.03$448,648
May 2008039,329123.1711.57$455,205
Apr 2008039,109110.3110.45$408,879
Mar 2008047,716101.909.66$461,131
Feb 2008024,96292.538.77$218,931
Jan 2008051,76390.388.21$424,753
Dec 2007049,52888.337.30$361,652
Nov 2007027,03791.677.29$197,146
Oct 2007031,78582.856.92$220,015
Sep 2007033,55175.846.24$209,498
Aug 2007028,85669.066.39$184,330
Jul 200706,20370.906.39$39,624
Jun 2007042,27462.007.55$319,103
May 2007059,47558.747.85$466,658
Apr 2007064,59159.617.81$504,146
Mar 200719374,71656.927.30$556,560
Feb 200738169,81055.108.22$594,552
Jan 200717794,99650.306.73$647,927
Dec 2006186111,76956.656.92$783,804
Nov 2006524125,88454.207.62$987,320
Oct 2006349157,52054.906.01$966,454
Sep 2006177183,81260.085.04$936,532
Aug 2006054,88668.717.34$402,859

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.

Aug 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.52 =         $0
Gas                1,197 Mcf  × $  2.67 =     $3,199

────────────────────────────────────────────────────
Month total                                   $3,199

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/223515 is the state's own key, not one this site invented.