LIPS RANCH "A"

Name: LIPS RANCH "A" lease production and value, Nov 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNIT PETROLEUM COMPANY (P-5 877099) in the ALPAR-LIPS (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 175332District 10Field 01933002CondensateGasSave Export

Value, all time

$1.2 M

Nov 1999 – May 2019

Value, last 12 filed months

at the published price for each month

Months reported

235

no gaps in the span

Streams

condensate, gas

The ALPAR-LIPS (ATOKA) 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 18 leases and 19 wells, and the rule below applies to all of them.

Discovered

1995-01-01

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: “AOF-1 AND AOF-2 EFFECTIVE 11/01/1999.”

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
Condensate	Disposition	2,614 bbl	$122,215
Gas	Production	189,543 Mcf	$1,059,353
Total			$1,181,568

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 36.0546, -100.8536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.05459, -100.85358 · 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

100.0%

1 of 1 wells

Median depth

11,500 ft

1 wells filed one

Completion to plug

19.2 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 11,500 ft.

Completions filed

Mar 2000

1 of 1 wells

Plug dates filed

May 2019

1 of 1 wells

Last completion to plug: a median of 19.2 years across the 1 well that filed both dates, with the middle half between 19.2 years and 19.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39380028	1	11,500 ft	Mar 2000	May 2019	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 (235)

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

235 months


May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
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	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	32	89.38	3.40	$109
Sep 2012	0	230	94.67	2.92	$671
Aug 2012	0	222	92.66	2.91	$646
Jul 2012	0	242	85.13	3.02	$731
Jun 2012	0	259	79.82	2.52	$652
May 2012	0	298	91.61	2.49	$742
Apr 2012	0	226	101.65	2.00	$451
Mar 2012	0	206	105.05	2.22	$458
Feb 2012	0	225	101.10	2.57	$578
Jan 2012	0	253	98.09	2.73	$692
Dec 2011	0	283	96.87	3.24	$917
Nov 2011	0	462	95.72	3.31	$1,530
Oct 2011	0	482	84.98	3.65	$1,759
Sep 2011	0	319	83.62	3.99	$1,271
Aug 2011	0	241	83.40	4.15	$1,000
Jul 2011	0	265	94.14	4.52	$1,197
Jun 2011	0	218	92.90	4.64	$1,011
May 2011	0	311	98.13	4.40	$1,370
Apr 2011	0	267	105.96	4.33	$1,157
Mar 2011	0	276	96.36	4.06	$1,120
Feb 2011	0	259	85.64	4.18	$1,083
Jan 2011	0	290	86.50	4.59	$1,331
Dec 2010	0	261	85.73	4.35	$1,135
Nov 2010	0	365	80.84	3.80	$1,385
Oct 2010	0	388	78.10	3.51	$1,361
Sep 2010	0	403	72.63	3.98	$1,604
Aug 2010	0	562	73.68	4.42	$2,484
Jul 2010	0	533	72.55	4.74	$2,525
Jun 2010	0	509	70.36	4.91	$2,499
May 2010	0	584	71.12	4.24	$2,473
Apr 2010	0	512	81.69	4.12	$2,111
Mar 2010	0	678	78.39	4.39	$2,976
Feb 2010	0	628	73.58	5.44	$3,418
Jan 2010	0	598	74.36	5.96	$3,567
Dec 2009	0	610	71.44	5.48	$3,345
Nov 2009	0	570	74.59	3.75	$2,138
Oct 2009	0	552	72.54	4.11	$2,269
Sep 2009	0	415	65.54	3.06	$1,272
Aug 2009	0	319	67.42	3.22	$1,027
Jul 2009	0	319	61.13	3.46	$1,105
Jun 2009	154	329	66.16	3.90	$11,470
May 2009	0	375	54.74	3.93	$1,472
Apr 2009	0	372	46.77	3.59	$1,335
Mar 2009	0	414	42.14	4.06	$1,680
Feb 2009	0	583	32.81	4.63	$2,701
Jan 2009	0	697	35.86	5.37	$3,744
Dec 2008	0	577	37.10	5.98	$3,449
Nov 2008	0	352	55.49	6.86	$2,415
Oct 2008	0	677	75.24	6.92	$4,686
Sep 2008	0	615	101.76	7.88	$4,844
Aug 2008	0	566	114.22	8.48	$4,801
Jul 2008	0	585	131.08	11.39	$6,663
Jun 2008	0	732	131.33	13.03	$9,540
May 2008	0	742	123.17	11.57	$8,588
Apr 2008	0	737	110.31	10.45	$7,705
Mar 2008	0	788	101.90	9.66	$7,615
Feb 2008	0	709	92.53	8.77	$6,218
Jan 2008	0	886	90.38	8.21	$7,270
Dec 2007	0	1,020	88.33	7.30	$7,448
Nov 2007	0	1,084	91.67	7.29	$7,904
Oct 2007	0	1,536	82.85	6.92	$10,632
Sep 2007	0	1,550	75.84	6.24	$9,678
Aug 2007	0	1,421	69.06	6.39	$9,077
Jul 2007	185	1,673	70.90	6.39	$23,804
Jun 2007	0	1,251	62.00	7.55	$9,443
May 2007	0	1,558	58.74	7.85	$12,225
Apr 2007	0	1,232	59.61	7.81	$9,616
Mar 2007	0	1,692	56.92	7.30	$12,355
Feb 2007	0	1,500	55.10	8.22	$12,324
Jan 2007	0	1,160	50.30	6.73	$7,803
Dec 2006	0	1,435	56.65	6.92	$9,928
Nov 2006	188	1,676	54.20	7.62	$22,957
Oct 2006	0	1,784	54.90	6.01	$10,729
Sep 2006	0	1,670	60.08	5.04	$8,412
Aug 2006	0	1,497	68.71	7.34	$10,988
Jul 2006	190	1,680	69.37	6.34	$23,836
Jun 2006	0	1,703	66.28	6.38	$10,872
May 2006	0	1,587	66.01	6.42	$10,196
Apr 2006	0	1,333	64.39	7.36	$9,812
Mar 2006	184	1,642	56.70	7.08	$22,063
Feb 2006	0	1,478	57.59	7.75	$11,456
Jan 2006	184	1,479	60.59	8.93	$24,361
Dec 2005	0	1,161	54.94	13.42	$15,575
Nov 2005	0	2,057	54.69	10.59	$21,780
Oct 2005	0	1,180	58.34	13.80	$16,279
Sep 2005	0	990	61.45	12.08	$11,958
Aug 2005	0	1,322	61.51	9.80	$12,951
Jul 2005	188	1,718	55.69	7.84	$23,945
Jun 2005	0	1,802	52.33	7.38	$13,301
May 2005	189	2,256	45.22	6.65	$23,552
Apr 2005	0	2,394	49.20	7.36	$17,621
Mar 2005	0	1,950	50.37	7.15	$13,952
Feb 2005	0	501	45.22	6.31	$3,162
Jan 2005	0	1,394	43.16	6.32	$8,813
Dec 2004	163	1,418	39.86	6.75	$16,070
Nov 2004	0	1,373	45.28	6.33	$8,692
Oct 2004	0	1,010	49.70	6.52	$6,580
Sep 2004	0	1,111	43.24	5.28	$5,870
Aug 2004	0	1,216	42.37	5.55	$6,750
Jul 2004	0	1,514	38.28	6.08	$9,211
Jun 2004	0	1,809	36.10	6.43	$11,637
May 2004	0	1,550	37.48	6.49	$10,067
Apr 2004	0	1,529	34.47	5.86	$8,958
Mar 2004	177	494	34.36	5.53	$8,814
Feb 2004	0	901	32.45	5.51	$4,964
Jan 2004	0	1,789	32.03	6.30	$11,270
Dec 2003	0	1,819	30.26	6.30	$11,463
Nov 2003	0	1,861	28.80	4.60	$8,552
Oct 2003	0	1,899	28.17	4.76	$9,039
Sep 2003	0	2,158	26.31	4.75	$10,249
Aug 2003	0	2,101	29.76	5.13	$10,778
Jul 2003	0	2,098	29.41	5.17	$10,848
Jun 2003	0	1,721	28.56	5.98	$10,297
May 2003	0	1,968	26.59	5.97	$11,754
Apr 2003	0	1,862	26.67	5.41	$10,068
Mar 2003	0	1,461	31.14	6.10	$8,906
Feb 2003	0	1,009	33.48	7.93	$7,997
Jan 2003	0	1,897	30.31	5.58	$10,589
Dec 2002	0	1,835	26.91	4.85	$8,907
Nov 2002	0	1,922	24.66	4.14	$7,951
Oct 2002	0	2,007	26.46	4.23	$8,488
Sep 2002	0	1,713	27.44	3.64	$6,227
Aug 2002	0	2,258	25.96	3.16	$7,145
Jul 2002	0	2,218	24.58	3.06	$6,791
Jun 2002	0	1,957	23.73	3.34	$6,533
May 2002	188	2,541	24.66	3.58	$13,743
Apr 2002	0	1,803	23.65	3.51	$6,333
Mar 2002	0	1,903	22.00	3.10	$5,904
Feb 2002	0	1,338	18.22	2.38	$3,179
Jan 2002	0	2,328	17.17	2.38	$5,531
Dec 2001	0	2,001	16.93	2.36	$4,731
Nov 2001	0	1,211	18.07	2.41	$2,913
Oct 2001	0	1,138	19.78	2.53	$2,878
Sep 2001	0	1,391	24.26	2.25	$3,132
Aug 2001	181	808	24.87	3.05	$6,968
Jul 2001	0	1,815	23.93	3.20	$5,803
Jun 2001	0	1,882	24.56	3.82	$7,197
May 2001	0	1,365	25.52	4.31	$5,879
Apr 2001	0	1,611	24.68	5.34	$8,595
Mar 2001	0	1,429	24.54	5.38	$7,683
Feb 2001	0	1,543	27.75	5.77	$8,899
Jan 2001	0	1,558	27.47	8.40	$13,085
Dec 2000	0	1,915	26.88	9.12	$17,470
Nov 2000	0	2,011	32.21	5.66	$11,378
Oct 2000	180	2,108	31.23	5.15	$16,468
Sep 2000	0	2,407	31.87	5.19	$12,484
Aug 2000	183	2,436	29.64	4.54	$16,485
Jul 2000	0	2,313	28.53	4.09	$9,460
Jun 2000	0	2,754	29.30	4.40	$12,110
May 2000	80	3,010	27.26	3.68	$13,257
Apr 2000	0	2,887	24.51	3.12	$8,996
Mar 2000	0	2,477	28.42	2.86	$7,084
Feb 2000	0	3,049	27.62	2.73	$8,313
Jan 2000	0	1,099	25.27	2.48	$2,726
Dec 1999	0	987	24.28	2.42	$2,392
Nov 1999	0	1,173	23.19	2.43	$2,855

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 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 89.38 =         $0
Gas                   32 Mcf  × $  3.40 =       $109

────────────────────────────────────────────────────
Month total                                     $109

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. 10/G/175332 is the state's own key, not one this site invented.