SIPES, ETAL

Operated by ITX PIPELINE COMPANY, LLC (P-5 427185) in the CHICO, WEST (CADDO CONGL. UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8527District 09Field 17634264OilCasinghead gasSaveExport
Value, all time
$614 k
Jan 1993 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 52 leases and 109 wells, and the rule below applies to all of them.

Discovered
1948-07-28
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: FIELD RETURNED TO ALLOCATION FORMULA EFFECTIVE 08/01/83

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
OilDisposition2,992 bbl$107,632
Casinghead gasProduction157,747 Mcf$505,939
Total$613,570

21,599 Mcf of this lease's gas, across 47 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 (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 33.2676, -97.8937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles. 1 well has no surveyed location and is left out of it.

33.26760, -97.89370 · centre of 1 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
5,708 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
150.0%
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.
150.0%

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 5,708 ft.

Completions filed
Oct 1959
1 of 2 wells; 1 filed none

2 wells

42-497810501
42-497015692 T5,708 ftOct 1959Yes

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 (401)

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

401 months

May 2026040106.413.05$122
Apr 202607698.932.87$218
Mar 202607489.753.15$233
Feb 202606463.503.75$240
Jan 202601959.138.00$152
Dec 20250756.664.41$31
Nov 202501258.593.93$47
Oct 202502959.383.30$96
Sep 202503962.743.08$120
Aug 202503763.933.01$112
Jul 202503666.743.32$119
Jun 202502766.483.13$84
May 2025711060.553.23$4,331
Apr 20250762.363.54$25
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 20241501571.372.28$10,740
Sep 202401669.612.36$38
Aug 202402275.632.06$45
Jul 202403779.932.15$79
Jun 202405178.082.63$134
May 202404978.812.20$108
Apr 202404784.451.66$78
Mar 202403380.301.55$51
Feb 202401976.091.78$34
Jan 202402073.023.30$66
Dec 202304071.262.61$104
Nov 202302577.892.81$70
Oct 202304985.443.09$151
Sep 202306589.042.74$178
Aug 202304880.522.67$128
Jul 202306374.852.64$166
Jun 202303068.962.26$68
May 202305370.622.23$118
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230375.112.47$7
Jan 202301276.533.39$41
Dec 202201576.415.73$86
Nov 202202785.005.65$152
Oct 202204287.185.86$246
Sep 202203884.888.16$310
Aug 202204494.529.13$402
Jul 2022040101.587.54$302
Jun 2022034115.097.98$271
May 2022034109.378.43$287
Apr 2022030104.226.84$205
Mar 2022018108.885.08$91
Feb 202201091.054.86$49
Jan 202201081.844.54$45
Dec 202102271.323.90$86
Nov 202101977.435.24$100
Oct 202103679.795.71$206
Sep 202104469.865.35$235
Aug 202104666.024.22$194
Jul 202104270.783.98$167
Jun 202103369.493.38$112
May 202101863.483.02$54
Apr 20210560.362.76$14
Mar 202101361.302.72$35
Feb 20210557.805.55$28
Jan 202101850.412.81$51
Dec 202002644.642.68$70
Nov 20200838.772.71$22
Oct 202002936.972.48$72
Sep 202002237.091.99$44
Aug 202002139.982.39$50
Jul 202007338.371.83$133
Jun 202007334.901.69$123
May 202007716.921.81$140
Apr 202009214.751.80$166
Mar 202009730.341.86$180
Feb 202008449.881.98$166
Jan 202009057.252.09$189
Dec 201909259.012.30$212
Nov 2019010555.302.75$289
Oct 201908753.472.42$210
Sep 2019010055.052.66$266
Aug 201909053.112.30$207
Jul 201909256.272.46$226
Jun 201909552.782.49$237
May 20194614758.482.74$3,093
Apr 2019014462.632.75$396
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018010362.874.01$413
Dec 2017010857.272.92$316
Nov 2017010355.423.12$321
Oct 2017011149.292.98$331
Sep 2017010647.523.09$327
Aug 2017015045.373.00$451
Jul 201703743.873.09$114
Jun 2017010042.493.09$309
May 2017010545.373.26$343
Apr 2017012047.933.21$385
Mar 201705246.772.98$155
Feb 201704850.452.95$142
Jan 2017011149.413.42$379
Dec 2016011448.763.72$424
Nov 2016011742.492.64$309
Oct 2016010646.193.09$328
Sep 2016010441.553.10$322
Aug 201606041.442.92$175
Jul 2016010041.622.92$292
Jun 2016013545.352.69$363
May 2016017542.521.99$348
Apr 2016020136.561.99$400
Mar 2016010033.011.79$179
Feb 201603926.472.06$80
Jan 201606727.352.36$158
Dec 201502732.362.00$54
Nov 201505138.792.17$111
Oct 2015011543.552.43$279
Sep 2015010042.992.76$276
Aug 2015010040.162.87$287
Jul 2015010048.152.95$295
Jun 2015027556.152.88$793
May 2015030055.212.96$887
Apr 2015029749.822.71$804
Mar 2015010142.892.93$296
Feb 2015020044.662.98$595
Jan 2015019943.433.10$617
Dec 2014030054.693.59$1,077
Nov 201409670.464.25$408
Oct 2014030078.303.90$1,170
Sep 2014020086.164.05$809
Aug 2014027089.394.04$1,089
Jul 2014010496.564.18$435
Jun 2014031598.164.74$1,492
May 2014032894.734.73$1,550
Apr 2014023395.944.81$1,121
Mar 2014028795.895.06$1,451
Feb 2014020097.406.19$1,238
Jan 2014028890.404.86$1,400
Dec 20130091.824.35$0
Nov 2013020488.853.74$763
Oct 2013045997.423.78$1,735
Sep 201300104.113.72$0
Aug 20130178104.253.52$627
Jul 20130307102.523.72$1,141
Jun 2013011494.403.93$448
May 2013029394.834.15$1,216
Apr 2013042893.964.28$1,833
Mar 2013042493.623.91$1,659
Feb 2013027891.233.42$951
Jan 2013023691.603.42$807
Dec 2012041386.773.42$1,413
Nov 2012027486.953.62$993
Oct 2012030189.383.40$1,023
Sep 2012037494.672.92$1,091
Aug 2012025692.662.91$744
Jul 2012040485.133.02$1,220
Jun 2012020079.822.52$504
May 201216442391.612.49$16,077
Apr 201200101.652.00$0
Mar 20120513105.052.22$1,140
Feb 20120495101.102.57$1,272
Jan 2012041098.092.73$1,121
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010023170.364.91$1,134
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200902754.743.93$106
Apr 20090046.773.59$0
Mar 2009010042.144.06$406
Feb 200905432.814.63$250
Jan 2009010035.865.37$537
Dec 2008010037.105.98$598
Nov 200807155.496.86$487
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20080110114.228.48$933
Jul 20080104131.0811.39$1,185
Jun 20080104131.3313.03$1,355
May 2008165200123.1711.57$22,638
Apr 20080333110.3110.45$3,481
Mar 20080401101.909.66$3,875
Feb 2008030092.538.77$2,631
Jan 2008011390.388.21$927
Dec 2007010088.337.30$730
Nov 2007020091.677.29$1,458
Oct 2007014782.856.92$1,018
Sep 2007021675.846.24$1,349
Aug 2007010669.066.39$677
Jul 2007020070.906.39$1,278
Jun 2007029062.007.55$2,189
May 2007012058.747.85$942
Apr 2007012859.617.81$999
Mar 2007020956.927.30$1,526
Feb 2007020055.108.22$1,643
Jan 2007014150.306.73$948
Dec 2006043056.656.92$2,975
Nov 2006040054.207.62$3,047
Oct 2006017054.906.01$1,022
Sep 2006013060.085.04$655
Aug 2006020068.717.34$1,468
Jul 2006033069.376.34$2,093
Jun 2006010166.286.38$645
May 200602066.016.42$129
Apr 200608964.397.36$655
Mar 2006014556.707.08$1,027
Feb 2006010857.597.75$837
Jan 2006011860.598.93$1,054
Dec 2005025054.9413.42$3,354
Nov 200516339054.6910.59$13,044
Oct 2005050658.3413.80$6,981
Sep 2005026461.4512.08$3,189
Aug 2005018361.519.80$1,793
Jul 2005013855.697.84$1,082
Jun 2005020052.337.38$1,476
May 2005015045.226.65$998
Apr 2005040349.207.36$2,966
Mar 2005060350.377.15$4,314
Feb 2005033345.226.31$2,102
Jan 2005019343.166.32$1,220
Dec 2004048239.866.75$3,254
Nov 2004010445.286.33$658
Oct 2004023649.706.52$1,538
Sep 2004067643.245.28$3,572
Aug 200416650042.375.55$9,809
Jul 2004080738.286.08$4,910
Jun 2004017036.106.43$1,094
May 2004019037.486.49$1,234
Apr 200409134.475.86$533
Mar 2004012134.365.53$669
Feb 200406532.455.51$358
Jan 200409032.036.30$567
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003019026.314.75$902
Aug 2003015529.765.13$795
Jul 20030029.415.17$0
Jun 2003010028.565.98$598
May 2003028526.595.97$1,702
Apr 200315399826.675.41$9,477
Mar 2003038031.146.10$2,317
Feb 2003020133.487.93$1,593
Jan 2003076030.315.58$4,242
Dec 2002073026.914.85$3,543
Nov 200201,10124.664.14$4,555
Oct 200201,16526.464.23$4,927
Sep 2002054927.443.64$1,996
Aug 200201,08725.963.16$3,439
Jul 2002053024.583.06$1,623
Jun 200201,60723.733.34$5,365
May 200201,93124.663.58$6,921
Apr 2002084423.653.51$2,964
Mar 2002065022.003.10$2,017
Feb 2002040418.222.38$960
Jan 2002066017.172.38$1,568
Dec 200116963016.932.36$4,351
Nov 2001080318.072.41$1,932
Oct 2001050019.782.53$1,264
Sep 200102,07924.262.25$4,680
Aug 200101,90024.873.05$5,801
Jul 200102,70123.933.20$8,635
Jun 200104,50624.563.82$17,232
May 200101,99925.524.31$8,610
Apr 200102,05324.685.34$10,953
Mar 200102,31824.545.38$12,463
Feb 2001047027.755.77$2,711
Jan 2001049827.478.40$4,183
Dec 200016887126.889.12$12,462
Nov 2000064732.215.66$3,661
Oct 200001,00131.235.15$5,151
Sep 2000059831.875.19$3,102
Aug 2000079829.644.54$3,624
Jul 200002,01028.534.09$8,220
Jun 200002,49529.304.40$10,971
May 200003,10527.263.68$11,426
Apr 20001604,02024.513.12$16,448
Mar 200003,41228.422.86$9,757
Feb 200003,41027.622.73$9,297
Jan 200004,49525.272.48$11,150
Dec 19991685,30224.282.42$16,930
Nov 199906,66023.192.43$16,210
Oct 199908,59920.982.80$24,109
Sep 199904,88221.752.62$12,785
Aug 1999058119.262.88$1,671
Jul 1999041917.892.37$994
Jun 1999046415.942.36$1,096
May 1999031515.792.32$731
Apr 199915243215.102.21$3,249
Mar 1999053012.471.84$974
Feb 19991618169.981.82$3,090
Jan 1999036710.381.90$697
Dec 199804279.201.77$757
Nov 1998031710.892.19$693
Oct 1998038712.421.97$762
Sep 1998046412.592.08$966
Aug 1998048911.301.91$933
Jul 1998063311.742.24$1,416
Jun 1998071711.242.24$1,604
May 1998079012.622.21$1,743
Apr 199815271813.042.51$3,781
Mar 1998073612.802.31$1,700
Feb 1998069113.952.30$1,589
Jan 1998077214.702.15$1,664
Dec 1997075116.322.41$1,811
Nov 1997081918.193.09$2,529
Oct 1997082019.253.15$2,583
Sep 199716170317.742.95$4,933
Aug 1997064017.862.55$1,635
Jul 1997070217.582.25$1,577
Jun 1997050017.242.26$1,129
May 1997060018.972.31$1,385
Apr 1997060117.882.08$1,252
Mar 199709418.951.94$182
Feb 199706020.492.21$132
Jan 1997011023.483.54$389
Dec 199606423.32$0
Nov 199603521.97$0
Oct 1996035023.31$0
Sep 199615040022.22$3,333
Aug 1996042020.26$0
Jul 1996056319.55$0
Jun 1996053018.73$0
May 1996024019.43$0
Apr 1996028021.51$0
Mar 1996027619.38$0
Feb 1996030616.98$0
Jan 1996026017.07$0
Dec 1995027017.19$0
Nov 1995040016.00$0
Oct 1995046315.43$0
Sep 1995040216.18$0
Aug 1995046115.92$0
Jul 1995050315.24$0
Jun 199516950116.41$2,773
May 1995050417.56$0
Apr 199509017.73$0
Mar 1995046016.44$0
Feb 1995050116.58$0
Jan 1995053015.92$0
Dec 19940015.03$0
Nov 199416550215.90$2,624
Oct 1994056015.58$0
Sep 1994054015.29$0
Aug 1994054016.13$0
Jul 1994055017.56$0
Jun 1994050117.09$0
May 1994060215.88$0
Apr 1994058914.14$0
Mar 1994059712.46$0
Feb 1994052112.50$0
Jan 1994079912.66$0
Dec 199313970012.33$1,714
Nov 1993069914.49$0
Oct 1993050515.85$0
Sep 1993047315.03$0
Aug 1993044215.66$0
Jul 1993059815.46$0
Jun 1993054216.79$0
May 1993049117.68$0
Apr 1993050018.05$0
Mar 1993051618.14$0
Feb 1993051017.90$0
Jan 1993051316.93$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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas        40 Mcf  × $  3.05 =       $122

────────────────────────────────────────────────────
Month total                                     $122

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/8527 is the state's own key, not one this site invented.