O-V-W FLIPPEN SAND UNIT

Operated by BULLET DEVELOPMENT, LLC (P-5 106513) in the LAKE KIRBY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24047District 7BField 51484001OilCasinghead gasSaveExport
Value, all time
$705 k
Jan 1993 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 34 leases and 116 wells, and the rule below applies to all of them.

Discovered
1940-07-30
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

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
OilDisposition16,457 bbl$698,843
Casinghead gasProduction3,368 Mcf$6,200
Total$705,043

1,545 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 (7)

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 32.3794, -99.6892. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.37882, -99.68855 · 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
57.1%
4 of 7 wells
With a plug date
57.1%
4 of 7 wells
Median depth
1,915 ft
7 wells filed one
Completion to plug
18.7 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
457.1%
A plug date is filed
457.1%
BothOn the schedule and plugged. Neither fact cancels the other.
457.1%
NeitherNo plug date, and not on the schedule.
342.9%

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

Between 1,855 and 2,300 ft, median 1,915 ft, over the 7 wells that filed a depth.

Completions filed
Jan 1978 – May 2014
7 of 7 wells
Plug dates filed
Oct 1993 – May 2013
4 of 7 wells; 3 filed none

Last completion to plug: a median of 18.7 years across the 4 wells that filed both dates, with the middle half between 15.0 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-4413446971,875 ftMay 2014
42-4413122311,915 ftSep 1987Jan 2002Yes
42-4413135462,300 ftFeb 1979
42-4413128741,855 ftJul 1978Oct 1993Yes
42-4413126731,915 ftMar 1978
42-4413123751,875 ftFeb 1978Feb 2000Yes
42-4413125521,927 ftJan 1978May 2013Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202641089.753.15$3,680
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202514059.383.30$831
Sep 20250062.743.08$0
Aug 202539063.933.01$2,493
Jul 20250066.743.32$0
Jun 202543066.483.13$2,859
May 20250060.553.23$0
Apr 202576062.363.54$4,739
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202483068.993.12$5,726
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202490069.612.36$6,265
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202484078.082.63$6,559
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202394077.892.81$7,322
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202383068.962.26$5,724
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202383072.852.39$6,047
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202253085.005.65$4,505
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022720101.587.54$7,314
Jun 202200115.097.98$0
May 20221540109.378.43$16,843
Apr 20221640104.226.84$17,092
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 2021155069.865.35$10,828
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 2021165057.805.55$9,537
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020165039.982.39$6,597
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 202088049.881.98$4,389
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019116055.302.75$6,415
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019117053.112.30$6,214
Jul 20190056.272.46$0
Jun 2019163052.782.49$8,603
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201976056.803.06$4,317
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018168046.594.19$7,827
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201862061.222.79$3,796
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201761055.423.12$3,381
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201777045.373.26$3,493
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 201785049.413.42$4,200
Dec 201650048.763.72$2,438
Nov 2016108042.492.64$4,589
Oct 20160046.193.09$0
Sep 2016148041.553.10$6,149
Aug 20160041.442.92$0
Jul 2016126041.622.92$5,244
Jun 20160045.352.69$0
May 2016132042.521.99$5,613
Apr 20160036.561.99$0
Mar 2016149033.011.79$4,918
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015228032.362.00$7,378
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015121042.992.76$5,202
Aug 2015150040.162.87$6,024
Jul 201571048.152.95$3,419
Jun 20150056.152.88$0
May 2015115055.212.96$6,349
Apr 20150049.822.71$0
Mar 2015115042.892.93$4,932
Feb 20150044.662.98$0
Jan 2015157043.433.10$6,819
Dec 20140054.693.59$0
Nov 201475070.464.25$5,285
Oct 2014167078.303.90$13,076
Sep 2014156086.164.05$13,441
Aug 2014154089.394.04$13,766
Jul 2014162096.564.18$15,643
Jun 2014341098.164.74$33,473
May 20140094.734.73$0
Apr 2014153095.944.81$14,679
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013161088.853.74$14,305
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013160091.233.42$14,597
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012151094.672.92$14,295
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121530101.652.00$15,552
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 2011162083.623.99$13,546
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 2010154070.364.91$10,835
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
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 2009173065.543.06$11,338
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 2009164042.144.06$6,911
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 20081710101.767.88$17,401
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007177082.856.92$14,664
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007160055.108.22$8,816
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006178060.085.04$10,694
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006150060.598.93$9,089
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005171045.226.31$7,733
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004151043.245.28$6,529
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004159034.475.86$5,481
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 200376028.804.60$2,189
Oct 20030028.174.76$0
Sep 2003131026.314.75$3,447
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003151026.595.97$4,015
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003123030.315.58$3,728
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002117027.443.64$3,210
Aug 20020025.963.16$0
Jul 200216024.583.06$393
Jun 2002144023.733.34$3,417
May 20020024.663.58$0
Apr 2002156023.653.51$3,689
Mar 200205122.003.10$158
Feb 200205118.222.38$121
Jan 20021495117.172.38$2,679
Dec 200105116.932.36$121
Nov 200105118.072.41$123
Oct 20011185119.782.53$2,463
Sep 200105124.262.25$115
Aug 20011345124.873.05$3,488
Jul 200105123.933.20$163
Jun 20011435124.563.82$3,707
May 200105125.524.31$220
Apr 20011625124.685.34$4,270
Mar 200105124.545.38$274
Feb 20011325127.755.77$3,957
Jan 20011802527.478.40$5,155
Dec 200003126.889.12$283
Nov 200004532.215.66$255
Oct 20001755031.235.15$5,723
Sep 200004531.875.19$233
Aug 20001765329.644.54$5,457
Jul 200002828.534.09$115
Jun 20001783629.304.40$5,374
May 200004327.263.68$158
Apr 200004224.513.12$131
Mar 20001754628.422.86$5,105
Feb 200005927.622.73$161
Jan 20001771525.272.48$4,510
Dec 19990624.282.42$15
Nov 199901323.192.43$32
Oct 199901420.982.80$39
Sep 1999176821.752.62$3,849
Aug 199901319.262.88$37
Jul 199901417.892.37$33
Jun 199901415.942.36$33
May 199901415.792.32$32
Apr 19991811615.102.21$2,768
Mar 199902012.471.84$37
Feb 19990219.981.82$38
Jan 19991811910.381.90$1,915
Dec 19980149.201.77$25
Nov 19980710.892.19$15
Oct 19981784112.421.97$2,292
Sep 199802612.592.08$54
Aug 19981752211.301.91$2,019
Jul 19981762511.742.24$2,122
Jun 19981772211.242.24$2,039
May 199803412.622.21$75
Apr 199803113.042.51$78
Mar 19981791512.802.31$2,326
Feb 199801613.952.30$37
Jan 199802014.702.15$43
Dec 199701616.322.41$39
Nov 199701018.193.09$31
Oct 19971812219.253.15$3,554
Sep 199702617.742.95$77
Aug 199701217.862.55$31
Jul 1997168817.582.25$2,971
Jun 19970817.242.26$18
May 19970918.972.31$21
Apr 19970717.882.08$15
Mar 19970918.951.94$17
Feb 1997183920.492.21$3,770
Jan 199701023.483.54$35
Dec 19960823.32$0
Nov 199601021.97$0
Oct 199601523.31$0
Sep 199601022.22$0
Aug 199601120.26$0
Jul 19961031719.55$2,014
Jun 199601718.73$0
May 19961741519.43$3,381
Apr 199601721.51$0
Mar 19961791719.38$3,469
Feb 1996393016.98$662
Jan 199601617.07$0
Dec 199501917.19$0
Nov 19951801716.00$2,880
Oct 199592115.43$139
Sep 199501916.18$0
Aug 199502215.92$0
Jul 19951732015.24$2,637
Jun 199502416.41$0
May 199502517.56$0
Apr 19951751517.73$3,103
Mar 199502216.44$0
Feb 19951781916.58$2,951
Jan 199502315.92$0
Dec 199403815.03$0
Nov 19941763615.90$2,798
Oct 199403815.58$0
Sep 19941732915.29$2,645
Aug 199403916.13$0
Jul 19941794317.56$3,143
Jun 19941753317.09$2,991
May 199404715.88$0
Apr 19941753614.14$2,475
Mar 199403012.46$0
Feb 19941783812.50$2,225
Jan 199404312.66$0
Dec 19931754712.33$2,158
Nov 199303514.49$0
Oct 199302515.85$0
Sep 19931763815.03$2,645
Aug 19931773215.66$2,772
Jul 1993423215.46$649
Jun 19931757016.79$2,938
May 199307917.68$0
Apr 19931797618.05$3,231
Mar 199307618.14$0
Feb 19931777317.90$3,168
Jan 19931788316.93$3,014

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 2026 — as filed, then multipliedworked
Oil                   41 bbl  × $ 89.75 =     $3,680
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $3,680

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/O/24047 is the state's own key, not one this site invented.