CHRISTIE TIPPS SEC 25

Operated by LEASE HOLDERS ACQUISITIONS LLC (P-5 491872) in the RED DEER CREEK (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 228881District 10Field 752003002 tax incentive programmesCondensateGasSaveExport
Value, all time
$675 k
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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 157 leases and 157 wells, and the rule below applies to all of them.

Discovered
1978-03-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 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 2008-09-09.

The Commission's schedule remark for this field reads: AND PLAT AS LONG AS THE ALLOCATION IS 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 Gas112008-05-19182807
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
CondensateDisposition2,925 bbl$231,695
GasProduction68,260 Mcf$443,563
Total$675,258

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 35.7808, -100.6291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.78077, -100.62915 · 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
11,150 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 11,150 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-393319291111,150 ftMay 2007

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 (229)

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

229 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 20210077.435.24$0
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 201918316255.302.75$10,566
Oct 201902153.472.42$51
Sep 201901455.052.66$37
Aug 201902253.112.30$51
Jul 201902156.272.46$52
Jun 201901252.782.49$30
May 201901758.482.74$47
Apr 201901362.632.75$36
Mar 201902556.803.06$77
Feb 201902050.852.79$56
Jan 201901846.033.23$58
Dec 201802546.594.19$105
Nov 201802452.934.24$102
Oct 20180061.443.40$0
Sep 201804359.543.11$134
Aug 201802459.403.07$74
Jul 201802065.142.93$59
Jun 201803660.183.08$111
May 201803165.382.90$90
Apr 201802963.842.90$84
Mar 201802761.222.79$75
Feb 201802361.782.77$64
Jan 201803262.874.01$128
Dec 201703657.272.92$105
Nov 201703355.423.12$103
Oct 201702849.292.98$84
Sep 201702247.523.09$68
Aug 201703445.373.00$102
Jul 201701543.873.09$46
Jun 201701642.493.09$49
May 20170645.373.26$20
Apr 201702747.933.21$87
Mar 2017013246.772.98$394
Feb 2017024650.452.95$726
Jan 2017068949.413.42$2,356
Dec 201601,29648.763.72$4,825
Nov 2016081742.492.64$2,160
Oct 2016084546.193.09$2,611
Sep 201603341.553.10$102
Aug 201603341.442.92$97
Jul 201602541.622.92$73
Jun 201601445.352.69$38
May 201602242.521.99$44
Apr 201602136.561.99$42
Mar 201602833.011.79$50
Feb 201603526.472.06$72
Jan 201603527.352.36$83
Dec 201504432.362.00$88
Nov 201504238.792.17$91
Oct 201502843.552.43$68
Sep 201502442.992.76$66
Aug 201502940.162.87$83
Jul 201503448.152.95$100
Jun 201503756.152.88$107
May 201504155.212.96$121
Apr 201506449.822.71$173
Mar 201503242.892.93$94
Feb 201502944.662.98$86
Jan 201503443.433.10$105
Dec 201403954.693.59$140
Nov 201403870.464.25$162
Oct 201404578.303.90$176
Sep 201405786.164.05$231
Aug 2014013589.394.04$545
Jul 20141613996.564.18$15,709
Jun 2014010698.164.74$502
May 201405794.734.73$269
Apr 201403295.944.81$154
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 20130197.423.78$4
Sep 2013017104.113.72$63
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201317414494.834.15$17,098
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013012391.233.42$421
Jan 201318613191.603.42$17,486
Dec 2012014086.773.42$479
Nov 2012010786.953.62$388
Oct 2012011789.383.40$398
Sep 2012012394.672.92$359
Aug 2012013192.662.91$381
Jul 2012013585.133.02$408
Jun 2012013979.822.52$350
May 2012014291.612.49$353
Apr 20120123101.652.00$246
Mar 20120121105.052.22$269
Feb 20120124101.102.57$319
Jan 2012013498.092.73$366
Dec 2011015496.873.24$499
Nov 2011013595.723.31$447
Oct 2011014384.983.65$522
Sep 2011014583.623.99$578
Aug 2011014583.404.15$602
Jul 2011014794.144.52$664
Jun 2011015092.904.64$696
May 2011014898.134.40$652
Apr 20110148105.964.33$641
Mar 2011015996.364.06$645
Feb 2011016485.644.18$686
Jan 2011014986.504.59$684
Dec 2010016485.734.35$713
Nov 2010016880.843.80$638
Oct 2010016678.103.51$582
Sep 2010016472.633.98$653
Aug 2010016973.684.42$747
Jul 2010017272.554.74$815
Jun 2010018170.364.91$889
May 2010017571.124.24$741
Apr 2010017781.694.12$730
Mar 2010019378.394.39$847
Feb 2010018873.585.44$1,023
Jan 2010018874.365.96$1,121
Dec 200918520271.445.48$14,324
Nov 2009023574.593.75$882
Oct 2009019572.544.11$802
Sep 2009022165.543.06$677
Aug 2009025967.423.22$834
Jul 2009023861.133.46$825
Jun 2009029866.163.90$1,161
May 200901,06854.743.93$4,193
Apr 200901,49946.773.59$5,378
Mar 200901,64942.144.06$6,693
Feb 200901,54932.814.63$7,177
Jan 2009047935.865.37$2,573
Dec 20081841,89737.105.98$18,165
Nov 200801,12355.496.86$7,704
Oct 200801,08075.246.92$7,476
Sep 20081841,684101.767.88$31,989
Aug 200802,070114.228.48$17,560
Jul 200802,342131.0811.39$26,674
Jun 20081901,378131.3313.03$42,912
May 20080939123.1711.57$10,868
Apr 200801,198110.3110.45$12,525
Mar 20081841,288101.909.66$31,197
Feb 200801,71692.538.77$15,050
Jan 20081801,19590.388.21$26,074
Dec 2007027588.337.30$2,008
Nov 200709691.677.29$700
Oct 2007035182.856.92$2,430
Sep 200702,93575.846.24$18,327
Aug 20071916,75669.066.39$56,347
Jul 200737510,35670.906.39$92,741
Jun 20075489,64662.007.55$106,788
May 200706658.747.85$518

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 2019 — as filed, then multipliedworked
Condensate           183 bbl  × $ 55.30 =    $10,120
Gas                  162 Mcf  × $  2.75 =       $446

────────────────────────────────────────────────────
Month total                                  $10,566

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/228881 is the state's own key, not one this site invented.