TIPTON

Name: TIPTON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RICHEY, RAY MANAGEMENT CO., INC. (P-5 709694) in the JACK COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21837District 09Field 45274001NGPA filingOilCasinghead gasSave Export

Value, all time

$314 k

Jan 1993 – Dec 2008

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

192

no gaps in the span

Streams

oil, casinghead gas

The JACK COUNTY REGULAR 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 1,235 leases and 3,090 wells, and the rule below applies to all of them.

Discovered

1915-12-31

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: “49B DAILY RATE= 76 MCF”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	1,847 bbl	$36,364
Casinghead gas	Production	154,220 Mcf	$278,020
Total			$314,384

62,287 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 33.3266, -97.9683. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32663, -97.96829 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

5,735 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

1100.0%

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.

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 5,735 ft.

Completions filed

Jan 1982

1 of 1 wells

1 well


42-23702738	1	5,735 ft	Jan 1982	—	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 (192)

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

192 months


Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	80	0	75.24	6.92	$6,019
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	920	26.46	4.23	$3,891
Sep 2002	0	799	27.44	3.64	$2,905
Aug 2002	0	969	25.96	3.16	$3,066
Jul 2002	0	974	24.58	3.06	$2,982
Jun 2002	0	948	23.73	3.34	$3,165
May 2002	0	1,042	24.66	3.58	$3,735
Apr 2002	0	815	23.65	3.51	$2,863
Mar 2002	0	1,105	22.00	3.10	$3,429
Feb 2002	0	1,326	18.22	2.38	$3,150
Jan 2002	0	1,530	17.17	2.38	$3,635
Dec 2001	125	1,633	16.93	2.36	$5,977
Nov 2001	0	1,662	18.07	2.41	$3,998
Oct 2001	0	907	19.78	2.53	$2,294
Sep 2001	0	943	24.26	2.25	$2,123
Aug 2001	0	1,225	24.87	3.05	$3,740
Jul 2001	0	1,488	23.93	3.20	$4,757
Jun 2001	0	1,496	24.56	3.82	$5,721
May 2001	0	1,649	25.52	4.31	$7,103
Apr 2001	0	1,544	24.68	5.34	$8,238
Mar 2001	0	1,548	24.54	5.38	$8,323
Feb 2001	0	786	27.75	5.77	$4,533
Jan 2001	0	926	27.47	8.40	$7,777
Dec 2000	85	933	26.88	9.12	$10,796
Nov 2000	0	926	32.21	5.66	$5,239
Oct 2000	0	953	31.23	5.15	$4,904
Sep 2000	0	1,082	31.87	5.19	$5,612
Aug 2000	0	1,644	29.64	4.54	$7,465
Jul 2000	0	1,334	28.53	4.09	$5,456
Jun 2000	0	1,032	29.30	4.40	$4,538
May 2000	0	1,532	27.26	3.68	$5,637
Apr 2000	0	1,543	24.51	3.12	$4,808
Mar 2000	0	671	28.42	2.86	$1,919
Feb 2000	0	1,362	27.62	2.73	$3,713
Jan 2000	0	1,463	25.27	2.48	$3,629
Dec 1999	165	1,452	24.28	2.42	$7,525
Nov 1999	0	1,433	23.19	2.43	$3,488
Oct 1999	0	1,484	20.98	2.80	$4,161
Sep 1999	0	1,492	21.75	2.62	$3,907
Aug 1999	0	1,596	19.26	2.88	$4,589
Jul 1999	0	1,696	17.89	2.37	$4,024
Jun 1999	0	1,207	15.94	2.36	$2,851
May 1999	0	1,532	15.79	2.32	$3,556
Apr 1999	0	1,687	15.10	2.21	$3,725
Mar 1999	0	1,298	12.47	1.84	$2,386
Feb 1999	0	1,193	9.98	1.82	$2,169
Jan 1999	0	1,321	10.38	1.90	$2,510
Dec 1998	151	1,429	9.20	1.77	$3,923
Nov 1998	0	1,342	10.89	2.19	$2,933
Oct 1998	0	1,341	12.42	1.97	$2,641
Sep 1998	0	1,371	12.59	2.08	$2,855
Aug 1998	0	1,070	11.30	1.91	$2,041
Jul 1998	66	1,085	11.74	2.24	$3,202
Jun 1998	0	1,328	11.24	2.24	$2,971
May 1998	0	1,386	12.62	2.21	$3,058
Apr 1998	0	1,347	13.04	2.51	$3,375
Mar 1998	0	1,409	12.80	2.31	$3,254
Feb 1998	0	1,265	13.95	2.30	$2,908
Jan 1998	0	1,412	14.70	2.15	$3,043
Dec 1997	0	1,421	16.32	2.41	$3,426
Nov 1997	0	1,266	18.19	3.09	$3,910
Oct 1997	0	1,422	19.25	3.15	$4,479
Sep 1997	0	1,525	17.74	2.95	$4,506
Aug 1997	145	1,617	17.86	2.55	$6,721
Jul 1997	0	1,494	17.58	2.25	$3,357
Jun 1997	0	1,406	17.24	2.26	$3,174
May 1997	0	1,488	18.97	2.31	$3,435
Apr 1997	0	1,338	17.88	2.08	$2,787
Mar 1997	0	1,467	18.95	1.94	$2,845
Feb 1997	0	1,818	20.49	2.21	$4,010
Jan 1997	0	1,785	23.48	3.54	$6,318
Dec 1996	75	2,025	23.32	—	$1,749
Nov 1996	0	2,238	21.97	—	$0
Oct 1996	0	707	23.31	—	$0
Sep 1996	0	271	22.22	—	$0
Aug 1996	0	1,581	20.26	—	$0
Jul 1996	150	1,346	19.55	—	$2,933
Jun 1996	0	1,384	18.73	—	$0
May 1996	0	1,489	19.43	—	$0
Apr 1996	0	1,323	21.51	—	$0
Mar 1996	0	1,469	19.38	—	$0
Feb 1996	0	1,348	16.98	—	$0
Jan 1996	0	1,474	17.07	—	$0
Dec 1995	0	1,581	17.19	—	$0
Nov 1995	48	1,271	16.00	—	$768
Oct 1995	0	1,465	15.43	—	$0
Sep 1995	102	1,515	16.18	—	$1,650
Aug 1995	0	1,502	15.92	—	$0
Jul 1995	0	1,479	15.24	—	$0
Jun 1995	0	1,370	16.41	—	$0
May 1995	0	1,554	17.56	—	$0
Apr 1995	141	1,517	17.73	—	$2,500
Mar 1995	0	1,511	16.44	—	$0
Feb 1995	0	1,490	16.58	—	$0
Jan 1995	0	1,592	15.92	—	$0
Dec 1994	0	1,615	15.03	—	$0
Nov 1994	69	1,645	15.90	—	$1,097
Oct 1994	0	2,062	15.58	—	$0
Sep 1994	116	896	15.29	—	$1,774
Aug 1994	0	636	16.13	—	$0
Jul 1994	0	1,117	17.56	—	$0
Jun 1994	0	5	17.09	—	$0
May 1994	0	1,090	15.88	—	$0
Apr 1994	0	1,393	14.14	—	$0
Mar 1994	0	1,559	12.46	—	$0
Feb 1994	89	1,281	12.50	—	$1,113
Jan 1994	0	1,449	12.66	—	$0
Dec 1993	0	1,582	12.33	—	$0
Nov 1993	113	1,530	14.49	—	$1,637
Oct 1993	0	1,833	15.85	—	$0
Sep 1993	0	1,767	15.03	—	$0
Aug 1993	0	2,086	15.66	—	$0
Jul 1993	127	888	15.46	—	$1,963
Jun 1993	0	604	16.79	—	$0
May 1993	0	538	17.68	—	$0
Apr 1993	0	489	18.05	—	$0
Mar 1993	0	576	18.14	—	$0
Feb 1993	0	565	17.90	—	$0
Jan 1993	0	579	16.93	—	$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.

Oct 2008 — as filed, then multipliedworked

Oil                   80 bbl  × $ 75.24 =     $6,019
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $6,019

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/O/21837 is the state's own key, not one this site invented.