PIPER

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 232576District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Sep 2007 – May 2026
Value, last 12 filed months
$130 k
at the published price for each month
Months reported
225
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 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 Gas112008-02-07180625
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
CondensateDisposition33,413 bbl$2,754,941
GasProduction1,422,859 Mcf$7,766,973
Total$10,521,914

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 36.2615, -100.2886. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.26149, -100.28863 · 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
7,703 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 7,703 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-295331914689H7,703 ftSep 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 (225)

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

225 months

May 202602,165106.413.05$6,594
Apr 20261942,12198.932.87$25,279
Mar 202602,19889.753.15$6,922
Feb 202602,03863.503.75$7,643
Jan 202602,14559.138.00$17,156
Dec 202502,25656.664.41$9,957
Nov 20252002,29458.593.93$20,725
Oct 202502,34259.383.30$7,740
Sep 202501,91062.743.08$5,877
Aug 202502,29563.933.01$6,919
Jul 202502,32166.743.32$7,695
Jun 202502,28666.483.13$7,152
May 202502,41060.553.23$7,790
Apr 202502,20362.363.54$7,805
Mar 202502,36567.704.27$10,095
Feb 202502,12370.884.34$9,216
Jan 202502,24174.324.28$9,589
Dec 20241992,37268.993.12$21,133
Nov 202402,30269.052.20$5,061
Oct 202402,39371.372.28$5,459
Sep 202402,12369.612.36$5,020
Aug 202402,37775.632.06$4,905
Jul 202402,37179.932.15$5,090
Jun 202402,29278.082.63$6,037
May 20243912,50078.812.20$36,311
Apr 202402,50484.451.66$4,155
Mar 202402,55580.301.55$3,948
Feb 202402,70976.091.78$4,832
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202302,52877.892.81$7,098
Oct 202302,70385.443.09$8,345
Sep 202302,68689.042.74$7,346
Aug 202302,91580.522.67$7,791
Jul 20231962,56474.852.64$21,444
Jun 202302,71468.962.26$6,130
May 202302,90070.622.23$6,459
Apr 202302,90378.122.24$6,496
Mar 20231923,20472.852.39$21,655
Feb 202303,13575.112.47$7,730
Jan 20231994,06876.533.39$29,011
Dec 202201,02476.415.73$5,867
Nov 2022050685.005.65$2,857
Oct 202201,37387.185.86$8,051
Sep 202202,95784.888.16$24,140
Aug 202203,51494.529.13$32,073
Jul 20221771,380101.587.54$28,388
Jun 20221962,614115.097.98$43,410
May 202202,865109.378.43$24,161
Apr 202203,098104.226.84$21,183
Mar 202203,467108.885.08$17,600
Feb 202203,50491.054.86$17,025
Jan 20223694,40481.844.54$50,183
Dec 202105,16171.323.90$20,123
Nov 2021065277.435.24$3,414
Oct 2021080579.795.71$4,600
Sep 2021075669.865.35$4,045
Aug 2021074266.024.22$3,132
Jul 202101,02070.783.98$4,062
Jun 202101,47969.493.38$5,000
May 202102,64563.483.02$7,982
Apr 202102,91660.362.76$8,044
Mar 20211973,38861.302.72$21,281
Feb 202102,03457.805.55$11,285
Jan 202102,35950.412.81$6,629
Dec 202002,59544.642.68$6,943
Nov 202002,81238.772.71$7,611
Oct 202002,81236.972.48$6,969
Sep 202002,61137.091.99$5,199
Aug 202002,92239.982.39$6,969
Jul 202002,86538.371.83$5,229
Jun 202002,89334.901.69$4,890
May 202003,33516.921.81$6,052
Apr 20201762,77214.751.80$7,598
Mar 202003,36730.341.86$6,250
Feb 20201913,25449.881.98$15,972
Jan 202003,53857.252.09$7,411
Dec 201903,52559.012.30$8,123
Nov 201902,27055.302.75$6,244
Oct 20191822,86353.472.42$16,656
Sep 201902,96655.052.66$7,881
Aug 201903,30153.112.30$7,607
Jul 20192012,86256.272.46$18,351
Jun 201903,18752.782.49$7,939
May 201903,40458.482.74$9,328
Apr 20191883,15862.632.75$20,461
Mar 201903,45056.803.06$10,564
Feb 201903,28050.852.79$9,158
Jan 201903,60346.033.23$11,631
Dec 20183613,49746.594.19$31,455
Nov 201803,78452.934.24$16,034
Oct 201803,81261.443.40$12,953
Sep 201803,32259.543.11$10,325
Aug 201803,85959.403.07$11,834
Jul 201804,07365.142.93$11,942
Jun 20181943,68560.183.08$23,013
May 201804,14465.382.90$12,021
Apr 201804,20163.842.90$12,186
Mar 20183723,50461.222.79$32,539
Feb 201803,48861.782.77$9,648
Jan 201803,59962.874.01$14,430
Dec 20171924,19457.272.92$23,249
Nov 201704,14855.423.12$12,935
Oct 201704,36649.292.98$13,027
Sep 201704,10847.523.09$12,683
Aug 20171834,30445.373.00$21,234
Jul 201704,29843.873.09$13,269
Jun 201704,38442.493.09$13,535
May 201704,69045.373.26$15,305
Apr 20171974,74147.933.21$24,668
Mar 201705,23346.772.98$15,614
Feb 201705,04150.452.95$14,884
Jan 20171965,30049.413.42$27,804
Dec 201605,79948.763.72$21,589
Nov 20161795,82042.492.64$22,996
Oct 201605,18946.193.09$16,035
Sep 20161865,74941.553.10$25,554
Aug 201606,36141.442.92$18,602
Jul 20161766,96741.622.92$27,699
Jun 20161896,28645.352.69$25,454
May 201606,27442.521.99$12,492
Apr 20161936,12936.561.99$19,259
Mar 201605,77133.011.79$10,353
Feb 20165385,89926.472.06$26,414
Jan 201606,30227.352.36$14,900
Dec 201506,34032.362.00$12,689
Nov 20152316,16838.792.17$22,329
Oct 20151986,20243.552.43$23,673
Sep 20151954,12142.992.76$19,751
Aug 20151213,21040.162.87$14,080
Jul 20151965,05248.152.95$24,316
Jun 20151824,84256.152.88$24,178
May 20151754,82355.212.96$23,916
Apr 20151974,35349.822.71$21,596
Mar 201505,21342.892.93$15,299
Feb 201505,42944.662.98$16,158
Jan 20151755,97643.433.10$26,130
Dec 201405,01354.693.59$18,003
Nov 20141995,70070.464.25$38,257
Oct 201403,29578.303.90$12,854
Sep 2014058386.164.05$2,358
Aug 201402,62089.394.04$10,572
Jul 201404,11496.564.18$17,195
Jun 20141963,45698.164.74$35,610
May 20141644,81494.734.73$38,289
Apr 201404,91295.944.81$23,622
Mar 20141725,08095.895.06$42,182
Feb 20141955,36697.406.19$52,219
Jan 201406,00090.404.86$29,164
Dec 20131915,90291.824.35$43,238
Nov 20131955,72388.853.74$38,720
Oct 201305,94197.423.78$22,453
Sep 20131976,158104.113.72$43,404
Aug 20131806,445104.253.52$41,468
Jul 20131926,987102.523.72$45,660
Jun 20131886,77094.403.93$44,376
May 20132018,32694.834.15$53,606
Apr 20131949,20693.964.28$57,654
Mar 201339511,15993.623.91$80,644
Feb 20131939,22191.233.42$49,142
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120189.383.40$3
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011019783.623.99$785
Aug 201105,49083.404.15$22,780
Jul 20111936,12794.144.52$45,846
Jun 201106,26392.904.64$29,060
May 20111926,57198.134.40$47,785
Apr 20111886,769105.964.33$49,252
Mar 20113727,22996.364.06$65,176
Feb 201106,52085.644.18$27,253
Jan 20111927,89686.504.59$52,841
Dec 201008,50485.734.35$36,973
Nov 20105208,16680.843.80$73,029
Oct 201009,77378.103.51$34,292
Sep 20103769,15672.633.98$63,745
Aug 2010011,23873.684.42$49,665
Jul 20101886,79472.554.74$45,819
Jun 201036410,54470.364.91$77,386
May 201019410,26371.124.24$57,263
Apr 20103884,47781.694.12$50,153
Mar 201007,86878.394.39$34,530
Feb 201007,38373.585.44$40,181
Jan 20103808,59374.365.96$79,506
Dec 200908,89871.445.48$48,794
Nov 20091849,00474.593.75$47,503
Oct 20091898,89072.544.11$50,250
Sep 200909,74065.543.06$29,851
Aug 200919810,06167.423.22$45,730
Jul 200938410,59261.133.46$60,170
Jun 200909,89466.163.90$38,537
May 200918410,50054.743.93$51,293
Apr 200919212,61846.773.59$54,247
Mar 200938712,11342.144.06$65,475
Feb 200920213,09032.814.63$67,274
Jan 200937015,74435.865.37$97,829
Dec 200835917,48437.105.98$117,823
Nov 2008017,93455.496.86$123,034
Oct 200838419,74675.246.92$165,574
Sep 20083,94020,663101.767.88$563,699
Aug 20082,13322,609114.228.48$435,424
Jul 200838424,870131.0811.39$333,590
Jun 200838726,093131.3313.03$390,885
May 200878428,854123.1711.57$430,530
Apr 200838930,294110.3110.45$359,630
Mar 200861632,100101.909.66$372,987
Feb 200875234,52192.538.77$372,352
Jan 20081,15945,33390.388.21$476,741
Dec 200776551,75688.337.30$445,493
Nov 20071,34465,25591.677.29$599,024
Oct 20072,47689,80582.856.92$826,765
Sep 200737816,89675.846.24$134,169

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                2,165 Mcf  × $  3.05 =     $6,594

────────────────────────────────────────────────────
Month total                                   $6,594

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/232576 is the state's own key, not one this site invented.