TIPPS, O. R.

Name: TIPPS, O. R. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by AGHORN OPERATING, INC. (P-5 8716) 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 67376District 10Field 79636500NGPA filingCondensateGasSave Export

Value, all time

$764 k

Jan 1993 – Jun 2018

Value, last 12 filed months

at the published price for each month

Months reported

306

no gaps in the span

Streams

condensate, gas

The ST. CLAIR (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 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.

Programme	Filings	With an approval date	Dated	Docket
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	2,292 bbl	$76,371
Gas	Production	228,401 Mcf	$688,070
Total			$764,441

86,549 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 35.8381, -100.6935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.83806, -100.69348 · 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

9,733 ft

1 wells filed one

Completion to plug

41.9 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 9,733 ft.

Completions filed

Jul 1976

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 41.9 years across the 1 well that filed both dates, with the middle half between 41.9 years and 41.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39330156	1	9,733 ft	Jul 1976	Jun 2018	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 (306)

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

306 months


Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	162	105.05	2.22	$360
Feb 2012	0	415	101.10	2.57	$1,067
Jan 2012	0	473	98.09	2.73	$1,293
Dec 2011	0	437	96.87	3.24	$1,416
Nov 2011	0	443	95.72	3.31	$1,467
Oct 2011	0	440	84.98	3.65	$1,605
Sep 2011	0	505	83.62	3.99	$2,013
Aug 2011	0	505	83.40	4.15	$2,095
Jul 2011	0	487	94.14	4.52	$2,200
Jun 2011	0	487	92.90	4.64	$2,260
May 2011	0	521	98.13	4.40	$2,295
Apr 2011	0	521	105.96	4.33	$2,258
Mar 2011	0	521	96.36	4.06	$2,114
Feb 2011	0	549	85.64	4.18	$2,295
Jan 2011	0	513	86.50	4.59	$2,354
Dec 2010	0	513	85.73	4.35	$2,230
Nov 2010	0	514	80.84	3.80	$1,951
Oct 2010	0	482	78.10	3.51	$1,691
Sep 2010	170	454	72.63	3.98	$14,154
Aug 2010	0	438	73.68	4.42	$1,936
Jul 2010	0	438	72.55	4.74	$2,075
Jun 2010	0	251	70.36	4.91	$1,233
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	254	78.39	4.39	$1,115
Feb 2010	0	511	73.58	5.44	$2,781
Jan 2010	0	578	74.36	5.96	$3,447
Dec 2009	0	588	71.44	5.48	$3,224
Nov 2009	0	550	74.59	3.75	$2,063
Oct 2009	0	576	72.54	4.11	$2,368
Sep 2009	0	556	65.54	3.06	$1,704
Aug 2009	0	555	67.42	3.22	$1,786
Jul 2009	0	524	61.13	3.46	$1,815
Jun 2009	0	605	66.16	3.90	$2,356
May 2009	0	633	54.74	3.93	$2,485
Apr 2009	0	502	46.77	3.59	$1,801
Mar 2009	0	583	42.14	4.06	$2,366
Feb 2009	0	496	32.81	4.63	$2,298
Jan 2009	0	517	35.86	5.37	$2,777
Dec 2008	0	541	37.10	5.98	$3,234
Nov 2008	0	561	55.49	6.86	$3,849
Oct 2008	0	475	75.24	6.92	$3,288
Sep 2008	0	435	101.76	7.88	$3,427
Aug 2008	0	493	114.22	8.48	$4,182
Jul 2008	0	534	131.08	11.39	$6,082
Jun 2008	0	462	131.33	13.03	$6,021
May 2008	0	627	123.17	11.57	$7,257
Apr 2008	0	576	110.31	10.45	$6,022
Mar 2008	0	620	101.90	9.66	$5,992
Feb 2008	0	552	92.53	8.77	$4,841
Jan 2008	0	429	90.38	8.21	$3,520
Dec 2007	0	673	88.33	7.30	$4,914
Nov 2007	0	703	91.67	7.29	$5,126
Oct 2007	157	721	82.85	6.92	$17,998
Sep 2007	0	624	75.84	6.24	$3,896
Aug 2007	0	678	69.06	6.39	$4,331
Jul 2007	0	661	70.90	6.39	$4,222
Jun 2007	0	682	62.00	7.55	$5,148
May 2007	0	742	58.74	7.85	$5,822
Apr 2007	0	705	59.61	7.81	$5,503
Mar 2007	0	765	56.92	7.30	$5,586
Feb 2007	0	754	55.10	8.22	$6,195
Jan 2007	0	431	50.30	6.73	$2,899
Dec 2006	0	736	56.65	6.92	$5,092
Nov 2006	0	672	54.20	7.62	$5,119
Oct 2006	0	711	54.90	6.01	$4,276
Sep 2006	0	766	60.08	5.04	$3,859
Aug 2006	0	871	68.71	7.34	$6,393
Jul 2006	0	920	69.37	6.34	$5,835
Jun 2006	0	949	66.28	6.38	$6,058
May 2006	0	1,028	66.01	6.42	$6,605
Apr 2006	0	531	64.39	7.36	$3,908
Mar 2006	0	822	56.70	7.08	$5,822
Feb 2006	0	834	57.59	7.75	$6,464
Jan 2006	172	1,013	60.59	8.93	$19,471
Dec 2005	0	977	54.94	13.42	$13,107
Nov 2005	0	556	54.69	10.59	$5,887
Oct 2005	0	507	58.34	13.80	$6,994
Sep 2005	0	551	61.45	12.08	$6,656
Aug 2005	0	935	61.51	9.80	$9,160
Jul 2005	0	1,049	55.69	7.84	$8,228
Jun 2005	0	1,080	52.33	7.38	$7,972
May 2005	0	1,139	45.22	6.65	$7,576
Apr 2005	0	1,101	49.20	7.36	$8,104
Mar 2005	0	1,100	50.37	7.15	$7,870
Feb 2005	0	1,247	45.22	6.31	$7,871
Jan 2005	0	1,013	43.16	6.32	$6,404
Dec 2004	0	1,198	39.86	6.75	$8,088
Nov 2004	158	1,249	45.28	6.33	$15,061
Oct 2004	0	523	49.70	6.52	$3,407
Sep 2004	0	1,414	43.24	5.28	$7,471
Aug 2004	0	1,396	42.37	5.55	$7,749
Jul 2004	0	1,628	38.28	6.08	$9,905
Jun 2004	0	1,020	36.10	6.43	$6,562
May 2004	0	975	37.48	6.49	$6,332
Apr 2004	0	579	34.47	5.86	$3,392
Mar 2004	0	758	34.36	5.53	$4,192
Feb 2004	0	750	32.45	5.51	$4,132
Jan 2004	0	850	32.03	6.30	$5,355
Dec 2003	0	781	30.26	6.30	$4,922
Nov 2003	0	632	28.80	4.60	$2,904
Oct 2003	0	783	28.17	4.76	$3,727
Sep 2003	0	767	26.31	4.75	$3,643
Aug 2003	143	778	29.76	5.13	$8,247
Jul 2003	0	734	29.41	5.17	$3,795
Jun 2003	0	770	28.56	5.98	$4,607
May 2003	0	793	26.59	5.97	$4,736
Apr 2003	0	793	26.67	5.41	$4,288
Mar 2003	0	792	31.14	6.10	$4,828
Feb 2003	0	755	33.48	7.93	$5,984
Jan 2003	0	851	30.31	5.58	$4,750
Dec 2002	0	836	26.91	4.85	$4,058
Nov 2002	0	808	24.66	4.14	$3,343
Oct 2002	0	842	26.46	4.23	$3,561
Sep 2002	0	798	27.44	3.64	$2,901
Aug 2002	0	819	25.96	3.16	$2,591
Jul 2002	0	816	24.58	3.06	$2,498
Jun 2002	0	797	23.73	3.34	$2,661
May 2002	0	848	24.66	3.58	$3,039
Apr 2002	0	845	23.65	3.51	$2,968
Mar 2002	165	1,007	22.00	3.10	$6,754
Feb 2002	0	728	18.22	2.38	$1,730
Jan 2002	0	871	17.17	2.38	$2,069
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	934	19.78	2.53	$2,362
Sep 2001	0	869	24.26	2.25	$1,956
Aug 2001	0	889	24.87	3.05	$2,714
Jul 2001	0	881	23.93	3.20	$2,817
Jun 2001	0	834	24.56	3.82	$3,189
May 2001	0	813	25.52	4.31	$3,502
Apr 2001	0	835	24.68	5.34	$4,455
Mar 2001	0	855	24.54	5.38	$4,597
Feb 2001	0	746	27.75	5.77	$4,302
Jan 2001	0	880	27.47	8.40	$7,391
Dec 2000	157	883	26.88	9.12	$12,275
Nov 2000	0	865	32.21	5.66	$4,894
Oct 2000	0	878	31.23	5.15	$4,518
Sep 2000	0	833	31.87	5.19	$4,320
Aug 2000	0	904	29.64	4.54	$4,105
Jul 2000	0	927	28.53	4.09	$3,791
Jun 2000	0	913	29.30	4.40	$4,015
May 2000	0	938	27.26	3.68	$3,452
Apr 2000	0	925	24.51	3.12	$2,882
Mar 2000	0	980	28.42	2.86	$2,803
Feb 2000	0	907	27.62	2.73	$2,473
Jan 2000	0	1,035	25.27	2.48	$2,567
Dec 1999	0	1,060	24.28	2.42	$2,569
Nov 1999	0	1,017	23.19	2.43	$2,475
Oct 1999	0	1,031	20.98	2.80	$2,891
Sep 1999	0	993	21.75	2.62	$2,601
Aug 1999	0	988	19.26	2.88	$2,841
Jul 1999	0	988	17.89	2.37	$2,344
Jun 1999	165	962	15.94	2.36	$4,902
May 1999	0	1,007	15.79	2.32	$2,337
Apr 1999	0	971	15.10	2.21	$2,144
Mar 1999	0	1,058	12.47	1.84	$1,945
Feb 1999	0	946	9.98	1.82	$1,720
Jan 1999	0	1,056	10.38	1.90	$2,006
Dec 1998	0	1,019	9.20	1.77	$1,807
Nov 1998	0	1,003	10.89	2.19	$2,192
Oct 1998	0	1,109	12.42	1.97	$2,184
Sep 1998	0	893	12.59	2.08	$1,860
Aug 1998	0	952	11.30	1.91	$1,816
Jul 1998	0	1,060	11.74	2.24	$2,372
Jun 1998	0	994	11.24	2.24	$2,224
May 1998	4	953	12.62	2.21	$2,153
Apr 1998	0	1,017	13.04	2.51	$2,548
Mar 1998	0	1,003	12.80	2.31	$2,316
Feb 1998	0	860	13.95	2.30	$1,977
Jan 1998	0	926	14.70	2.15	$1,995
Dec 1997	0	1,143	16.32	2.41	$2,756
Nov 1997	0	1,247	18.19	3.09	$3,851
Oct 1997	173	1,190	19.25	3.15	$7,079
Sep 1997	0	1,176	17.74	2.95	$3,475
Aug 1997	0	1,317	17.86	2.55	$3,365
Jul 1997	0	1,304	17.58	2.25	$2,930
Jun 1997	0	1,092	17.24	2.26	$2,465
May 1997	0	1,343	18.97	2.31	$3,100
Apr 1997	0	1,349	17.88	2.08	$2,810
Mar 1997	0	1,147	18.95	1.94	$2,224
Feb 1997	0	661	20.49	2.21	$1,458
Jan 1997	0	260	23.48	3.54	$920
Dec 1996	0	318	23.32	—	$0
Nov 1996	0	342	21.97	—	$0
Oct 1996	191	711	23.31	—	$4,452
Sep 1996	0	672	22.22	—	$0
Aug 1996	0	1,498	20.26	—	$0
Jul 1996	0	3,068	19.55	—	$0
Jun 1996	0	2,629	18.73	—	$0
May 1996	0	2,931	19.43	—	$0
Apr 1996	0	2,440	21.51	—	$0
Mar 1996	161	2,526	19.38	—	$3,120
Feb 1996	0	2,501	16.98	—	$0
Jan 1996	0	2,825	17.07	—	$0
Dec 1995	0	1,592	17.19	—	$0
Nov 1995	0	2,242	16.00	—	$0
Oct 1995	0	3,303	15.43	—	$0
Sep 1995	0	1,997	16.18	—	$0
Aug 1995	0	1,970	15.92	—	$0
Jul 1995	0	3,075	15.24	—	$0
Jun 1995	0	2,148	16.41	—	$0
May 1995	0	1,820	17.56	—	$0
Apr 1995	0	1,556	17.73	—	$0
Mar 1995	0	2,030	16.44	—	$0
Feb 1995	0	1,796	16.58	—	$0
Jan 1995	0	2,462	15.92	—	$0
Dec 1994	0	2,068	15.03	—	$0
Nov 1994	0	1,135	15.90	—	$0
Oct 1994	142	2,151	15.58	—	$2,212
Sep 1994	0	2,158	15.29	—	$0
Aug 1994	0	1,363	16.13	—	$0
Jul 1994	0	1,464	17.56	—	$0
Jun 1994	0	1,464	17.09	—	$0
May 1994	0	1,649	15.88	—	$0
Apr 1994	0	1,095	14.14	—	$0
Mar 1994	0	1,705	12.46	—	$0
Feb 1994	0	1,024	12.50	—	$0
Jan 1994	0	1,617	12.66	—	$0
Dec 1993	0	1,970	12.33	—	$0
Nov 1993	0	1,574	14.49	—	$0
Oct 1993	0	1,841	15.85	—	$0
Sep 1993	167	2,248	15.03	—	$2,510
Aug 1993	0	1,601	15.66	—	$0
Jul 1993	0	2,749	15.46	—	$0
Jun 1993	0	2,458	16.79	—	$0
May 1993	0	924	17.68	—	$0
Apr 1993	0	1,020	18.05	—	$0
Mar 1993	167	898	18.14	—	$3,029
Feb 1993	0	928	17.90	—	$0
Jan 1993	0	993	16.93	—	$0

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.

Mar 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $105.05 =         $0
Gas                  162 Mcf  × $  2.22 =       $360

────────────────────────────────────────────────────
Month total                                     $360

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/67376 is the state's own key, not one this site invented.