TIPPS, O.R.

Operated by BCE-MACH II LLC (P-5 40205) in the ST. CLAIR (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224876District 10Field 796365002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 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 210 leases and 255 wells, and the rule below applies to all of them.

Discovered
1974-02-25
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 40 acres. The field rule took effect on 2012-08-21.

The Commission's schedule remark for this field reads: THE ALLOCATION FORMULA SHALL REMAIN SUSPENDED.

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 Gas112009-02-25189685
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
CondensateDisposition7,749 bbl$624,205
GasProduction235,190 Mcf$1,403,583
Total$2,027,788

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 35.8310, -100.6938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.83100, -100.69385 · 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
10,030 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 10,030 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-39331839310,030 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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021163077.435.24$12,621
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
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 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20165247036.561.99$2,837
Mar 201601,35033.011.79$2,422
Feb 2016068026.472.06$1,403
Jan 201617995327.352.36$7,149
Dec 201501,56632.362.00$3,134
Nov 20153482,91838.792.17$19,823
Oct 20151823,59343.552.43$16,645
Sep 2015030842.992.76$850
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201403978.303.90$152
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014150096.564.18$14,484
Jun 201401198.164.74$52
May 20140094.734.73$0
Apr 201405595.944.81$265
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013175094.834.15$16,595
Apr 201303493.964.28$146
Mar 201304593.623.91$176
Feb 201304691.233.42$157
Jan 201305991.603.42$202
Dec 201209586.773.42$325
Nov 2012014186.953.62$511
Oct 2012011489.383.40$388
Sep 2012012794.672.92$371
Aug 2012016592.662.91$480
Jul 2012022085.133.02$665
Jun 2012019279.822.52$484
May 2012022791.612.49$565
Apr 20120327101.652.00$653
Mar 20120366105.052.22$813
Feb 20120425101.102.57$1,092
Jan 2012035498.092.73$968
Dec 2011037596.873.24$1,215
Nov 2011058495.723.31$1,934
Oct 20111751,05284.983.65$18,710
Sep 201101,68083.623.99$6,696
Aug 201101,57083.404.15$6,514
Jul 20111781,60494.144.52$24,003
Jun 201101,40792.904.64$6,528
May 20111821,69198.134.40$25,308
Apr 201101,282105.964.33$5,555
Mar 201101,69896.364.06$6,889
Feb 20111861,61485.644.18$22,676
Jan 20111791,78686.504.59$23,679
Dec 20101791,84685.734.35$23,372
Nov 201001,98380.843.80$7,526
Oct 20101782,25878.103.51$21,825
Sep 201002,39272.633.98$9,519
Aug 201003,05973.684.42$13,519
Jul 20103565,57072.554.74$52,210
Jun 2010055770.364.91$2,735
May 2010038071.124.24$1,609
Apr 2010017881.694.12$734
Mar 2010031578.394.39$1,382
Feb 201017984673.585.44$17,775
Jan 201001,88974.365.96$11,266
Dec 20091782,47971.445.48$26,311
Nov 200902,73274.593.75$10,249
Oct 20091762,37072.544.11$22,508
Sep 200902,42565.543.06$7,432
Aug 20091802,70667.423.22$20,845
Jul 20091772,69661.133.46$20,160
Jun 200902,84566.163.90$11,081
May 20091803,13954.743.93$22,176
Apr 20091823,05246.773.59$19,461
Mar 20091783,37342.144.06$21,192
Feb 20091843,37632.814.63$21,678
Jan 20091844,26435.865.37$29,500
Dec 20081805,58837.105.98$40,078
Nov 200806,57355.496.86$45,093
Oct 200818488075.246.92$19,936
Sep 2008361915101.767.88$43,943
Aug 20081801,697114.228.48$34,955
Jul 20085461,647131.0811.39$90,328
Jun 20087283,048131.3313.03$135,332
May 2008175699123.1711.57$29,645
Apr 200802,880110.3110.45$30,110
Mar 200803,146101.909.66$30,403
Feb 200802,98292.538.77$26,154
Jan 200803,03390.388.21$24,888
Dec 200703,26088.337.30$23,804
Nov 20071923,32591.677.29$41,846
Oct 200703,55382.856.92$24,594
Sep 200703,82875.846.24$23,903
Aug 200704,17869.066.39$26,689
Jul 200704,47170.906.39$28,560
Jun 20071874,57862.007.55$46,151
May 200705,29858.747.85$41,570
Apr 200704,78159.617.81$37,317
Mar 200705,88056.927.30$42,936
Feb 200705,88855.108.22$48,376
Jan 200707,47950.306.73$50,310
Dec 200608,30356.656.92$57,444
Nov 200608,78054.207.62$66,881
Oct 200618110,86454.906.01$75,271
Sep 200617517,07260.085.04$96,509
Aug 2006012,61168.717.34$92,564

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.

Nov 2021 — as filed, then multipliedworked
Condensate           163 bbl  × $ 77.43 =    $12,621
Gas                    0 Mcf  × $  5.24 =         $0

────────────────────────────────────────────────────
Month total                                  $12,621

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/224876 is the state's own key, not one this site invented.