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FAIR

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 199568District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Nov 2003 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
271
no gaps in the span
Streams
2
condensate, gas

The LIPSCOMB (CLEVELAND) 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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: “FIELD”

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 Gas112004-09-28157597
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
CondensateDisposition532 bbl$39,810
GasProduction1,502,120 Mcf$8,777,144
Total$8,816,954

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 36.2803, -100.3615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.28031, -100.36155 · 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
—
no depth filed
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.

Completions filed
Nov 2003
1 of 1 wells

1 well

42-295326876724—Nov 2003——

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 (271)

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

271 months

May 202601,249106.413.05$3,804
Apr 202601,21198.932.87$3,475
Mar 202601,23789.753.15$3,896
Feb 202601,17963.503.75$4,422
Jan 202601,15759.138.00$9,254
Dec 202501,36656.664.41$6,029
Nov 202501,11258.593.93$4,366
Oct 202501,20359.383.30$3,976
Sep 202501,18662.743.08$3,649
Aug 202501,25863.933.01$3,793
Jul 202501,29666.743.32$4,297
Jun 202501,25566.483.13$3,927
May 202501,28960.553.23$4,166
Apr 202501,16762.363.54$4,135
Mar 202501,30367.704.27$5,562
Feb 2025049870.884.34$2,162
Jan 202501,39774.324.28$5,977
Dec 202401,30368.993.12$4,067
Nov 202401,28769.052.20$2,829
Oct 202401,42471.372.28$3,249
Sep 202401,20869.612.36$2,856
Aug 202401,44275.632.06$2,976
Jul 202401,35479.932.15$2,906
Jun 202401,31778.082.63$3,469
May 202401,41078.812.20$3,100
Apr 202401,44284.451.66$2,393
Mar 202401,77980.301.55$2,749
Feb 2024090576.091.78$1,614
Jan 20240073.023.30$0
Dec 202301,61671.262.61$4,219
Nov 202301,79077.892.81$5,026
Oct 202301,71585.443.09$5,295
Sep 2023094189.042.74$2,574
Aug 202302,63680.522.67$7,046
Jul 2023010974.852.64$288
Jun 2023027268.962.26$614
May 202301,00170.622.23$2,230
Apr 2023089278.122.24$1,996
Mar 202301,50672.852.39$3,604
Feb 202301,58975.112.47$3,918
Jan 202301,28476.533.39$4,350
Dec 202201,40076.415.73$8,021
Nov 2022085185.005.65$4,805
Oct 202201,33087.185.86$7,799
Sep 202201,14684.888.16$9,356
Aug 202201,10894.529.13$10,113
Jul 202201,438101.587.54$10,846
Jun 20220825115.097.98$6,581
May 202201,281109.378.43$10,803
Apr 20220840104.226.84$5,744
Mar 202201,615108.885.08$8,198
Feb 202201,41391.054.86$6,866
Jan 202201,63381.844.54$7,410
Dec 202101,82371.323.90$7,108
Nov 202101,63677.435.24$8,567
Oct 202101,71979.795.71$9,822
Sep 202101,63869.865.35$8,765
Aug 202101,54666.024.22$6,525
Jul 2021080470.783.98$3,202
Jun 202101,23869.493.38$4,185
May 202101,32363.483.02$3,992
Apr 202101,38860.362.76$3,829
Mar 202101,84661.302.72$5,015
Feb 202101,82657.805.55$10,131
Jan 202101,39950.412.81$3,932
Dec 202001,33744.642.68$3,577
Nov 202001,66438.772.71$4,504
Oct 202001,66436.972.48$4,124
Sep 202001,59437.091.99$3,174
Aug 202001,64239.982.39$3,916
Jul 202001,44338.371.83$2,634
Jun 202001,48734.901.69$2,513
May 202001,41216.921.81$2,562
Apr 202001,33114.751.80$2,402
Mar 202001,77930.341.86$3,302
Feb 202001,22549.881.98$2,426
Jan 202001,78857.252.09$3,745
Dec 201901,25959.012.30$2,901
Nov 201901,47655.302.75$4,060
Oct 201901,49753.472.42$3,621
Sep 201901,74855.052.66$4,645
Aug 201901,91753.112.30$4,417
Jul 201901,77456.272.46$4,364
Jun 201901,69252.782.49$4,215
May 201902,03858.482.74$5,585
Apr 201901,77362.632.75$4,877
Mar 201901,97156.803.06$6,035
Feb 201901,87750.852.79$5,241
Jan 201901,92446.033.23$6,211
Dec 201801,94946.594.19$8,157
Nov 201802,05452.934.24$8,703
Oct 201802,66061.443.40$9,039
Sep 201801,98759.543.11$6,176
Aug 201802,11659.403.07$6,489
Jul 201802,10965.142.93$6,183
Jun 201802,24160.183.08$6,895
May 201802,27965.382.90$6,611
Apr 201801,80263.842.90$5,227
Mar 201801,96561.222.79$5,476
Feb 201801,69461.782.77$4,686
Jan 201802,23062.874.01$8,941
Dec 201722,00257.272.92$5,963
Nov 201702,12455.423.12$6,623
Oct 201702,57749.292.98$7,689
Sep 201702,24447.523.09$6,928
Aug 201702,34945.373.00$7,057
Jul 201702,30643.873.09$7,119
Jun 201702,30242.493.09$7,107
May 201702,36545.373.26$7,718
Apr 201702,31147.933.21$7,422
Mar 201702,40046.772.98$7,161
Feb 201702,28550.452.95$6,747
Jan 201702,41149.413.42$8,243
Dec 201602,57148.763.72$9,571
Nov 201602,47142.492.64$6,534
Oct 201602,60946.193.09$8,062
Sep 201602,49441.553.10$7,733
Aug 201602,61541.442.92$7,647
Jul 201602,75441.622.92$8,054
Jun 201602,60945.352.69$7,007
May 201602,42142.521.99$4,820
Apr 201602,28036.561.99$4,540
Mar 201602,45233.011.79$4,399
Feb 201602,37526.472.06$4,901
Jan 201602,29727.352.36$5,431
Dec 201502,30432.362.00$4,611
Nov 201502,33638.792.17$5,063
Oct 201502,46043.552.43$5,969
Sep 201502,47042.992.76$6,813
Aug 201502,43840.162.87$7,003
Jul 201502,43348.152.95$7,165
Jun 201502,38956.152.88$6,887
May 201502,59155.212.96$7,658
Apr 201502,47849.822.71$6,707
Mar 201502,59442.892.93$7,613
Feb 201502,10844.662.98$6,274
Jan 201502,21243.433.10$6,859
Dec 201402,60354.693.59$9,348
Nov 201402,17770.464.25$9,256
Oct 201402,73578.303.90$10,669
Sep 20141742,68286.164.05$25,842
Aug 201402,89889.394.04$11,694
Jul 201402,65496.564.18$11,093
Jun 201402,87898.164.74$13,633
May 201402,79794.734.73$13,220
Apr 201402,90095.944.81$13,946
Mar 201403,25495.895.06$16,455
Feb 201401,92997.406.19$11,944
Jan 201403,51790.404.86$17,095
Dec 201302,57091.824.35$11,191
Nov 201302,62788.853.74$9,820
Oct 201302,89197.423.78$10,926
Sep 201303,069104.113.72$11,410
Aug 201303,074104.253.52$10,829
Jul 201303,093102.523.72$11,499
Jun 201303,02194.403.93$11,883
May 201303,25794.834.15$13,514
Apr 201303,34893.964.28$14,338
Mar 201303,65093.623.91$14,282
Feb 201303,28091.233.42$11,217
Jan 201302,99391.603.42$10,236
Dec 201202,74886.773.42$9,399
Nov 201203,29486.953.62$11,941
Oct 201203,30689.383.40$11,239
Sep 201203,19994.672.92$9,336
Aug 201203,34692.662.91$9,731
Jul 201203,42685.133.02$10,349
Jun 201203,44579.822.52$8,678
May 201203,42291.612.49$8,515
Apr 201203,913101.652.00$7,813
Mar 201203,877105.052.22$8,615
Feb 201202,032101.102.57$5,223
Jan 201204,13598.092.73$11,305
Dec 201103,19796.873.24$10,357
Nov 201104,04695.723.31$13,397
Oct 201105,50284.983.65$20,074
Sep 2011066283.623.99$2,639
Aug 201103,29783.404.15$13,680
Jul 201103,89894.144.52$17,608
Jun 201104,16092.904.64$19,302
May 201104,14398.134.40$18,249
Apr 201102,721105.964.33$11,791
Mar 201104,35496.364.06$17,666
Feb 201102,93685.644.18$12,272
Jan 201103,74586.504.59$17,185
Dec 201004,59485.734.35$19,974
Nov 201002,91580.843.80$11,063
Oct 201004,13278.103.51$14,499
Sep 201004,36072.633.98$17,350
Aug 201004,75473.684.42$21,010
Jul 201003,66072.554.74$17,336
Jun 201004,50070.364.91$22,097
May 201004,67771.124.24$19,808
Apr 201004,85081.694.12$19,995
Mar 201004,58178.394.39$20,105
Feb 201004,68073.585.44$25,470
Jan 201004,30974.365.96$25,699
Dec 200904,93671.445.48$27,068
Nov 200904,52974.593.75$16,991
Oct 200904,97772.544.11$20,457
Sep 200904,82865.543.06$14,797
Aug 200905,12867.423.22$16,504
Jul 200905,30061.133.46$18,362
Jun 200905,27566.163.90$20,546
May 200906,27454.743.93$24,630
Apr 20091805,22446.773.59$27,160
Mar 200905,00142.144.06$20,299
Feb 200904,40332.814.63$20,399
Jan 200904,43235.865.37$23,804
Dec 200804,00037.105.98$23,909
Nov 200805,18655.496.86$35,578
Oct 200806,55175.246.92$45,346
Sep 200805,854101.767.88$46,112
Aug 200805,911114.228.48$50,143
Jul 200806,553131.0811.39$74,635
Jun 200806,660131.3313.03$86,797
May 200806,918123.1711.57$80,071
Apr 200807,518110.3110.45$78,600
Mar 200808,357101.909.66$80,763
Feb 20081766,18192.538.77$70,496
Jan 200807,33690.388.21$60,197
Dec 200707,23888.337.30$52,852
Nov 200708,25491.677.29$60,186
Oct 200708,21782.856.92$56,878
Sep 200709,75875.846.24$60,931
Aug 200705,87869.066.39$37,548
Jul 200704,65270.906.39$29,717
Jun 200706,17162.007.55$46,581
May 200708,44858.747.85$66,285
Apr 200705,21559.617.81$40,704
Mar 200707,25956.927.30$53,005
Feb 200706,99055.108.22$57,430
Jan 200707,69750.306.73$51,777
Dec 200608,00856.656.92$55,403
Nov 200607,96654.207.62$60,681
Oct 200608,49954.906.01$51,111
Sep 200608,59660.085.04$43,300
Aug 200609,04968.717.34$66,419
Jul 200609,43969.376.34$59,869
Jun 200609,20066.286.38$58,732
May 2006010,07666.016.42$64,738
Apr 200609,68764.397.36$71,301
Mar 2006010,10556.707.08$71,573
Feb 200609,59657.597.75$74,380
Jan 2006010,94060.598.93$97,731
Dec 2005011,51754.9413.42$154,505
Nov 2005011,38554.6910.59$120,549
Oct 2005012,86558.3413.80$177,482
Sep 2005012,69161.4512.08$153,295
Aug 2005013,68761.519.80$134,089
Jul 2005014,41355.697.84$113,050
Jun 2005015,92952.337.38$117,573
May 2005013,59545.226.65$90,423
Apr 2005017,15849.207.36$126,291
Mar 2005016,53950.377.15$118,335
Feb 2005017,83845.226.31$112,592
Jan 2005019,60443.166.32$123,940
Dec 2004022,04239.866.75$148,807
Nov 2004023,02645.286.33$145,764
Oct 2004026,09049.706.52$169,979
Sep 2004026,84643.245.28$141,852
Aug 2004029,43142.375.55$163,361
Jul 2004032,02538.286.08$194,846
Jun 2004033,96236.106.43$218,478
May 2004038,67937.486.49$251,204
Apr 2004043,54034.475.86$255,077
Mar 2004050,56434.365.53$279,626
Feb 2004058,54732.455.51$322,572
Jan 2004069,87132.036.30$440,162
Dec 2003091,85630.266.30$578,843
Nov 200304,95128.804.60$22,751

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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,249 Mcf  × $  3.05 =     $3,804

────────────────────────────────────────────────────
Month total                                   $3,804

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/199568 is the state's own key, not one this site invented.