LOHBERGER-TIPPS 13

Name: LOHBERGER-TIPPS 13 lease production and value, Feb 2009 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by 4P ENERGY TEXAS, LLC (P-5 953803) 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 247926District 10Field 131472852 tax incentive programmesCondensateGasSave Export

Value, all time

$2.5 M

Feb 2009 – Sep 2019

Value, last 12 filed months

$13 k

at the published price for each month

Months reported

128

no gaps in the span

Streams

condensate, gas

The BUFFALO WALLOW (GRANITE WASH) 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 1,387 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2009-07-31	190092
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	10,532 bbl	$753,030
Gas	Production	449,334 Mcf	$1,731,044
Total			$2,484,074

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 35.5926, -100.2422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59255, -100.24222 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

13,908 ft

1 wells filed one

Completion to plug

3 months

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 13,908 ft.

Completions filed

Jun 2019

1 of 1 wells

Plug dates filed

Sep 2019

1 of 1 wells

Last completion to plug: a median of 3 months across the 1 well that filed both dates, with the middle half between 3 months and 3 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48332787	8	13,908 ft	Jun 2019	Sep 2019	Yes

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 (128)

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

128 months


Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	33	0	52.78	2.49	$1,742
May 2019	141	2	58.48	2.74	$8,251
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	2	52.93	4.24	$8
Oct 2018	0	792	61.44	3.40	$2,691
Sep 2018	0	781	59.54	3.11	$2,427
Aug 2018	0	842	59.40	3.07	$2,582
Jul 2018	0	771	65.14	2.93	$2,260
Jun 2018	0	771	60.18	3.08	$2,372
May 2018	184	1,025	65.38	2.90	$15,003
Apr 2018	0	744	63.84	2.90	$2,158
Mar 2018	0	850	61.22	2.79	$2,369
Feb 2018	0	1,033	61.78	2.77	$2,857
Jan 2018	0	1,066	62.87	4.01	$4,274
Dec 2017	0	1,116	57.27	2.92	$3,260
Nov 2017	0	929	55.42	3.12	$2,897
Oct 2017	0	896	49.29	2.98	$2,673
Sep 2017	0	830	47.52	3.09	$2,562
Aug 2017	0	906	45.37	3.00	$2,722
Jul 2017	0	925	43.87	3.09	$2,856
Jun 2017	0	972	42.49	3.09	$3,001
May 2017	185	1,025	45.37	3.26	$11,738
Apr 2017	0	1,147	47.93	3.21	$3,684
Mar 2017	0	1,352	46.77	2.98	$4,034
Feb 2017	183	1,262	50.45	2.95	$12,959
Jan 2017	0	1,370	49.41	3.42	$4,684
Dec 2016	0	1,281	48.76	3.72	$4,769
Nov 2016	0	1,093	42.49	2.64	$2,890
Oct 2016	0	1,114	46.19	3.09	$3,443
Sep 2016	0	1,032	41.55	3.10	$3,200
Aug 2016	0	879	41.44	2.92	$2,570
Jul 2016	0	973	41.62	2.92	$2,845
Jun 2016	0	1,146	45.35	2.69	$3,078
May 2016	0	1,135	42.52	1.99	$2,260
Apr 2016	0	1,026	36.56	1.99	$2,043
Mar 2016	0	1,396	33.01	1.79	$2,504
Feb 2016	0	1,529	26.47	2.06	$3,155
Jan 2016	0	1,461	27.35	2.36	$3,454
Dec 2015	182	1,356	32.36	2.00	$8,603
Nov 2015	0	1,300	38.79	2.17	$2,818
Oct 2015	0	1,406	43.55	2.43	$3,412
Sep 2015	0	1,831	42.99	2.76	$5,051
Aug 2015	0	2,128	40.16	2.87	$6,113
Jul 2015	173	2,660	48.15	2.95	$16,164
Jun 2015	0	2,722	56.15	2.88	$7,847
May 2015	0	2,644	55.21	2.96	$7,814
Apr 2015	0	2,105	49.82	2.71	$5,697
Mar 2015	168	2,581	42.89	2.93	$14,780
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	2,894	43.43	3.10	$8,973
Dec 2014	0	2,192	54.69	3.59	$7,872
Nov 2014	211	2,594	70.46	4.25	$25,896
Oct 2014	11	2,610	78.30	3.90	$11,043
Sep 2014	1	2,587	86.16	4.05	$10,552
Aug 2014	65	2,741	89.39	4.04	$16,871
Jul 2014	183	2,863	96.56	4.18	$29,637
Jun 2014	1	2,610	98.16	4.74	$12,461
May 2014	30	3,068	94.73	4.73	$17,343
Apr 2014	191	3,125	95.94	4.81	$33,353
Mar 2014	190	2,812	95.89	5.06	$32,439
Feb 2014	42	2,694	97.40	6.19	$20,772
Jan 2014	14	3,496	90.40	4.86	$18,259
Dec 2013	196	3,258	91.82	4.35	$32,184
Nov 2013	0	3,430	88.85	3.74	$12,822
Oct 2013	187	4,353	97.42	3.78	$34,669
Sep 2013	2	3,010	104.11	3.72	$11,399
Aug 2013	183	3,217	104.25	3.52	$30,410
Jul 2013	1	3,300	102.52	3.72	$12,371
Jun 2013	1	3,135	94.40	3.93	$12,426
May 2013	193	3,344	94.83	4.15	$32,177
Apr 2013	1	3,156	93.96	4.28	$13,610
Mar 2013	185	3,431	93.62	3.91	$30,745
Feb 2013	1	3,529	91.23	3.42	$12,160
Jan 2013	180	3,473	91.60	3.42	$28,365
Dec 2012	0	3,561	86.77	3.42	$12,179
Nov 2012	0	3,643	86.95	3.62	$13,206
Oct 2012	9	3,523	89.38	3.40	$12,781
Sep 2012	188	2,661	94.67	2.92	$25,564
Aug 2012	0	2,769	92.66	2.91	$8,053
Jul 2012	196	3,377	85.13	3.02	$26,887
Jun 2012	0	2,778	79.82	2.52	$6,998
May 2012	8	2,661	91.61	2.49	$7,354
Apr 2012	188	2,388	101.65	2.00	$23,879
Mar 2012	0	2,826	105.05	2.22	$6,280
Feb 2012	19	2,586	101.10	2.57	$8,568
Jan 2012	178	2,849	98.09	2.73	$25,249
Dec 2011	162	2,803	96.87	3.24	$24,774
Nov 2011	0	3,151	95.72	3.31	$10,434
Oct 2011	19	3,314	84.98	3.65	$13,706
Sep 2011	0	2,883	83.62	3.99	$11,491
Aug 2011	0	2,444	83.40	4.15	$10,141
Jul 2011	363	2,494	94.14	4.52	$45,439
Jun 2011	369	2,983	92.90	4.64	$48,121
May 2011	0	3,645	98.13	4.40	$16,056
Apr 2011	41	3,269	105.96	4.33	$18,510
Mar 2011	187	2,331	96.36	4.06	$27,477
Feb 2011	0	953	85.64	4.18	$3,984
Jan 2011	0	3,002	86.50	4.59	$13,776
Dec 2010	0	19,839	85.73	4.35	$86,255
Nov 2010	190	19,547	80.84	3.80	$89,547
Oct 2010	178	4,718	78.10	3.51	$30,457
Sep 2010	0	4,783	72.63	3.98	$19,034
Aug 2010	360	5,227	73.68	4.42	$49,625
Jul 2010	0	5,489	72.55	4.74	$25,999
Jun 2010	180	5,259	70.36	4.91	$38,489
May 2010	188	4,915	71.12	4.24	$34,187
Apr 2010	188	1,633	81.69	4.12	$22,090
Mar 2010	0	4,689	78.39	4.39	$20,578
Feb 2010	182	4,190	73.58	5.44	$36,195
Jan 2010	179	5,258	74.36	5.96	$44,670
Dec 2009	177	5,788	71.44	5.48	$44,385
Nov 2009	179	5,938	74.59	3.75	$35,628
Oct 2009	195	6,651	72.54	4.11	$41,483
Sep 2009	177	6,757	65.54	3.06	$32,309
Aug 2009	175	7,636	67.42	3.22	$36,375
Jul 2009	180	10,098	61.13	3.46	$45,988
Jun 2009	354	12,166	66.16	3.90	$70,807
May 2009	347	16,789	54.74	3.93	$84,904
Apr 2009	361	22,758	46.77	3.59	$98,528
Mar 2009	1,110	42,645	42.14	4.06	$219,871
Feb 2009	387	24,538	32.81	4.63	$126,382

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.

Jun 2019 — as filed, then multipliedworked

Condensate            33 bbl  × $ 52.78 =     $1,742
Gas                    0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                   $1,742

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/247926 is the state's own key, not one this site invented.