TIPTON"A"

Operated by TRACER OPERATING, INC. (P-5 863965) in the SMITH-DRESSER (CADDO, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 125877District 7BField 84277200CondensateGasSaveExport
Value, all time
$123 k
Jan 1993 – Aug 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
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 leases and 1 wells, and the rule below applies to all of them.

Discovered
1987-11-11
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition368 bbl$11,868
GasProduction44,767 Mcf$110,780
Total$122,648

18,980 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 32.9112, -99.0583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.91119, -99.05834 · 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
4,525 ft
1 wells filed one
Completion to plug
23.8 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 4,525 ft.

Completions filed
Nov 1987
1 of 1 wells
Plug dates filed
Aug 2011
1 of 1 wells

Last completion to plug: a median of 23.8 years across the 1 well that filed both dates, with the middle half between 23.8 years and 23.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293491514,525 ftNov 1987Aug 2011Yes

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 (224)

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

224 months

Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201082078.394.39$6,428
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 2008037101.767.88$291
Aug 200806114.228.48$51
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200801123.1711.57$12
Apr 200801110.3110.45$10
Mar 200801101.909.66$10
Feb 200804492.538.77$386
Jan 2008017990.388.21$1,469
Dec 2007016188.337.30$1,176
Nov 2007015891.677.29$1,152
Oct 2007021582.856.92$1,488
Sep 2007016675.846.24$1,037
Aug 2007010269.066.39$652
Jul 20070170.906.39$6
Jun 200701062.007.55$75
May 20070158.747.85$8
Apr 20070159.617.81$8
Mar 20070156.927.30$7
Feb 20070855.108.22$66
Jan 200709050.306.73$605
Dec 2006012356.656.92$851
Nov 200609954.207.62$754
Oct 200609654.906.01$577
Sep 200609360.085.04$468
Aug 2006016168.717.34$1,182
Jul 2006016169.376.34$1,021
Jun 2006017366.286.38$1,104
May 2006014566.016.42$932
Apr 2006018664.397.36$1,369
Mar 2006019156.707.08$1,353
Feb 2006017657.597.75$1,364
Jan 200607860.598.93$697
Dec 200503254.9413.42$429
Nov 2005017554.6910.59$1,853
Oct 2005021058.3413.80$2,897
Sep 2005011361.4512.08$1,365
Aug 2005018261.519.80$1,783
Jul 2005021555.697.84$1,686
Jun 2005016452.337.38$1,210
May 2005017245.226.65$1,144
Apr 2005023449.207.36$1,722
Mar 2005015350.377.15$1,095
Feb 20050145.226.31$6
Jan 20050143.166.32$6
Dec 20040139.866.75$7
Nov 20040145.286.33$6
Oct 20040149.706.52$7
Sep 200409743.245.28$513
Aug 200406942.375.55$383
Jul 20040138.286.08$6
Jun 200409936.106.43$637
May 2004018837.486.49$1,221
Apr 2004022534.475.86$1,318
Mar 200401034.365.53$55
Feb 2004013632.455.51$749
Jan 2004012132.036.30$762
Dec 2003017530.266.30$1,103
Nov 2003017328.804.60$795
Oct 2003018528.174.76$881
Sep 2003018026.314.75$855
Aug 2003017929.765.13$918
Jul 2003019429.415.17$1,003
Jun 2003016428.565.98$981
May 2003015626.595.97$932
Apr 2003018026.675.41$973
Mar 2003019531.146.10$1,189
Feb 2003016233.487.93$1,284
Jan 2003019130.315.58$1,066
Dec 2002019426.914.85$942
Nov 2002019724.664.14$815
Oct 2002020226.464.23$854
Sep 2002020427.443.64$742
Aug 2002022125.963.16$699
Jul 2002016924.583.06$517
Jun 2002020923.733.34$698
May 2002021424.663.58$767
Apr 2002021523.653.51$755
Mar 2002022422.003.10$695
Feb 2002013418.222.38$318
Jan 2002014917.172.38$354
Dec 2001022016.932.36$520
Nov 2001021018.072.41$505
Oct 2001022619.782.53$572
Sep 2001021224.262.25$477
Aug 2001023924.873.05$730
Jul 2001023923.933.20$764
Jun 20014125024.563.82$1,963
May 2001025725.524.31$1,107
Apr 2001024424.685.34$1,302
Mar 2001025424.545.38$1,366
Feb 2001025227.755.77$1,453
Jan 2001030027.478.40$2,520
Dec 2000021626.889.12$1,970
Nov 2000014132.215.66$798
Oct 2000028331.235.15$1,456
Sep 2000028131.875.19$1,457
Aug 2000028029.644.54$1,271
Jul 2000028828.534.09$1,178
Jun 2000029429.304.40$1,293
May 2000031627.263.68$1,163
Apr 2000031224.513.12$972
Mar 2000033528.422.86$958
Feb 2000032427.622.73$883
Jan 2000036325.272.48$900
Dec 1999034724.282.42$841
Nov 1999037723.192.43$918
Oct 1999038420.982.80$1,077
Sep 19992934321.752.62$1,529
Aug 1999043619.262.88$1,254
Jul 1999049417.892.37$1,172
Jun 1999058215.942.36$1,375
May 19996127315.792.32$1,597
Apr 199901715.102.21$38
Mar 199901712.471.84$31
Feb 1999009.981.82$0
Jan 1999022710.381.90$431
Dec 199801359.201.77$239
Nov 19980510.892.19$11
Oct 1998014612.421.97$288
Sep 1998036612.592.08$762
Aug 19980111.301.91$2
Jul 1998042711.742.24$955
Jun 1998042611.242.24$953
May 1998052112.622.21$1,150
Apr 19980113.042.51$3
Mar 1998051312.802.31$1,185
Feb 19980013.952.30$0
Jan 1998049014.702.15$1,056
Dec 1997059316.322.41$1,430
Nov 1997010518.193.09$324
Oct 1997020819.253.15$655
Sep 1997012417.742.95$366
Aug 1997016017.862.55$409
Jul 1997024717.582.25$555
Jun 1997032817.242.26$740
May 199706118.972.31$141
Apr 1997047217.882.08$983
Mar 1997014018.951.94$271
Feb 199705620.492.21$124
Jan 1997049723.483.54$1,759
Dec 1996016723.32$0
Nov 1996027621.97$0
Oct 1996033523.31$0
Sep 1996018322.22$0
Aug 1996018620.26$0
Jul 1996048819.55$0
Jun 1996035618.73$0
May 1996035919.43$0
Apr 1996035621.51$0
Mar 19965531619.38$1,066
Feb 1996045416.98$0
Jan 1996033317.07$0
Dec 1995048317.19$0
Nov 1995053316.00$0
Oct 1995035115.43$0
Sep 1995035416.18$0
Aug 1995052415.92$0
Jul 1995023315.24$0
Jun 1995051916.41$0
May 1995073517.56$0
Apr 199510014917.73$1,773
Mar 1995020916.44$0
Feb 1995028516.58$0
Jan 1995044415.92$0
Dec 1994036015.03$0
Nov 1994030715.90$0
Oct 1994015615.58$0
Sep 1994027315.29$0
Aug 1994045716.13$0
Jul 1994047717.56$0
Jun 1994055717.09$0
May 1994039115.88$0
Apr 199405114.14$0
Mar 1994043712.46$0
Feb 1994014112.50$0
Jan 1994015812.66$0
Dec 1993027712.33$0
Nov 1993068214.49$0
Oct 1993095615.85$0
Sep 1993022815.03$0
Aug 1993033415.66$0
Jul 1993055815.46$0
Jun 1993031216.79$0
May 1993090617.68$0
Apr 1993032718.05$0
Mar 1993058318.14$0
Feb 1993078417.90$0
Jan 1993064016.93$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 2010 — as filed, then multipliedworked
Condensate            82 bbl  × $ 78.39 =     $6,428
Gas                    0 Mcf  × $  4.39 =         $0

────────────────────────────────────────────────────
Month total                                   $6,428

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. 7B/G/125877 is the state's own key, not one this site invented.