TIPPS 12

Operated by UNBRIDLED RESOURCES, LLC (P-5 875461) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 237101District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Feb 2008 – Dec 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
191
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
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 20 acres. The field rule took effect on 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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 Gas112009-02-18188861
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
CondensateDisposition7,972 bbl$669,256
GasProduction353,968 Mcf$2,169,616
Total$2,838,872

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 35.6135, -100.2025. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.61352, -100.20252 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
14,035 ft
1 wells filed one
Completion to plug
12.8 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 14,035 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
Nov 2020
1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48332512314,035 ftFeb 2008Nov 2020Yes

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 (191)

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

191 months

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 202178050.412.81$3,932
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 2018019065.142.93$557
Jun 2018019060.183.08$585
May 2018031965.382.90$925
Apr 2018027563.842.90$798
Mar 2018084661.222.79$2,358
Feb 2018061861.782.77$1,709
Jan 2018032362.874.01$1,295
Dec 2017034157.272.92$996
Nov 2017030055.423.12$936
Oct 2017023749.292.98$707
Sep 2017029247.523.09$901
Aug 2017032445.373.00$973
Jul 2017034443.873.09$1,062
Jun 2017034542.493.09$1,065
May 201718437145.373.26$9,559
Apr 2017038947.933.21$1,249
Mar 2017032546.772.98$970
Feb 2017027950.452.95$824
Jan 2017031649.413.42$1,080
Dec 2016030348.763.72$1,128
Nov 2016032942.492.64$870
Oct 2016028846.193.09$890
Sep 2016033641.553.10$1,042
Aug 2016029841.442.92$871
Jul 2016028541.622.92$833
Jun 2016028545.352.69$765
May 2016025542.521.99$508
Apr 2016033136.561.99$659
Mar 2016070633.011.79$1,267
Feb 2016077726.472.06$1,603
Jan 2016090127.352.36$2,130
Dec 2015099332.362.00$1,987
Nov 2015076638.792.17$1,660
Oct 2015081943.552.43$1,987
Sep 201501,29942.992.76$3,583
Aug 201501,29840.162.87$3,728
Jul 201501,53548.152.95$4,521
Jun 201501,50656.152.88$4,342
May 201501,39355.212.96$4,117
Apr 201501,37149.822.71$3,711
Mar 20151762,58642.892.93$15,138
Feb 201501144.662.98$33
Jan 20157191,59343.433.10$36,165
Dec 201401,73554.693.59$6,231
Nov 201421,75570.464.25$7,603
Oct 201401,33878.303.90$5,219
Sep 201421,33986.164.05$5,589
Aug 201401,41489.394.04$5,706
Jul 20141751,31496.564.18$22,390
Jun 201401,02998.164.74$4,874
May 201451,37894.734.73$6,987
Apr 201491,08395.944.81$6,072
Mar 201401,66395.895.06$8,409
Feb 201411,48097.406.19$9,262
Jan 201401,99690.404.86$9,702
Dec 2013421,89291.824.35$12,095
Nov 20131771,81588.853.74$22,511
Oct 201301,75897.423.78$6,644
Sep 201301,592104.113.72$5,919
Aug 20131762,018104.253.52$25,457
Jul 201302,012102.523.72$7,480
Jun 201301,39794.403.93$5,495
May 201301,32094.834.15$5,477
Apr 20131831,75893.964.28$24,723
Mar 201302,67993.623.91$10,483
Feb 201303,46691.233.42$11,853
Jan 201301,07091.603.42$3,659
Dec 2012091086.773.42$3,112
Nov 2012083286.953.62$3,016
Oct 2012248789.383.40$1,834
Sep 2012141494.672.92$1,303
Aug 2012060392.662.91$1,754
Jul 201218086185.133.02$17,924
Jun 2012091479.822.52$2,302
May 2012467691.612.49$2,049
Apr 201201,482101.652.00$2,959
Mar 201201,896105.052.22$4,213
Feb 201241,159101.102.57$3,383
Jan 20121752,07698.092.73$22,842
Dec 201102,72196.873.24$8,815
Nov 201102,46095.723.31$8,146
Oct 201142,82284.983.65$10,636
Sep 20111732,64783.623.99$25,017
Aug 201102,54883.404.15$10,572
Jul 20111852,87294.144.52$30,389
Jun 20111792,76392.904.64$29,449
May 201102,82798.134.40$12,452
Apr 2011152,978105.964.33$14,494
Mar 201102,22096.364.06$9,007
Feb 201103,37585.644.18$14,107
Jan 201102,86586.504.59$13,147
Dec 201003,43085.734.35$14,913
Nov 20101873,22880.843.80$27,368
Oct 201003,48578.103.51$12,228
Sep 201003,37572.633.98$13,431
Aug 20101783,49573.684.42$28,561
Jul 201003,69672.554.74$17,506
Jun 20101773,58670.364.91$30,062
May 201003,87071.124.24$16,390
Apr 20101834,17381.694.12$32,153
Mar 201003,61178.394.39$15,847
Feb 201003,37473.585.44$18,363
Jan 20101844,00674.365.96$37,574
Dec 200904,25371.445.48$23,322
Nov 20091734,43174.593.75$29,527
Oct 200904,85072.544.11$19,935
Sep 20091824,64065.543.06$26,149
Aug 200904,57567.423.22$14,725
Jul 20091714,63361.133.46$26,504
Jun 200904,55966.163.90$17,757
May 20091895,14654.743.93$30,548
Apr 200904,90746.773.59$17,604
Mar 20091844,96642.144.06$27,911
Feb 200904,93432.814.63$22,859
Jan 200905,15935.865.37$27,709
Dec 20082003,92837.105.98$30,898
Nov 200804,97255.496.86$34,110
Oct 20082016,54275.246.92$60,407
Sep 20083817,121101.767.88$94,863
Aug 20081887,026114.228.48$81,075
Jul 200808,245131.0811.39$93,906
Jun 20083769,490131.3313.03$173,060
May 200820011,473123.1711.57$157,426
Apr 200877613,812110.3110.45$230,003
Mar 200839022,728101.909.66$259,386
Feb 200860145,65292.538.77$456,005

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.

Jan 2021 — as filed, then multipliedworked
Condensate            78 bbl  × $ 50.41 =     $3,932
Gas                    0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                   $3,932

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/237101 is the state's own key, not one this site invented.