PHILLIPS "1229"

Operated by TOC ENERGY RESOURCES, LLC (P-5 860965) in the VELREX (HENDERSON UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139132District 7CField 934107102 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
401
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 34 leases and 53 wells, and the rule below applies to all of them.

Discovered
1964-12-19
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
550 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/98.

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 Gas111991-12-31124523
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
CondensateDisposition7,055 bbl$236,317
GasProduction426,082 Mcf$1,248,805
Total$1,485,122

126,562 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 31.1514, -100.8393. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.15135, -100.83927 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,940 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 6,940 ft.

Completions filed
Mar 1991
1 of 1 wells

1 well

42-2353298816,940 ftMar 1991

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 202607106.413.05$21
Apr 20260398.932.87$9
Mar 20260089.753.15$0
Feb 2026026663.503.75$998
Jan 2026043459.138.00$3,471
Dec 2025056056.664.41$2,471
Nov 20250058.593.93$0
Oct 20251504359.383.30$9,049
Sep 2025084562.743.08$2,600
Aug 2025014363.933.01$431
Jul 2025018766.743.32$620
Jun 2025014466.483.13$451
May 2025034660.553.23$1,118
Apr 20250062.363.54$0
Mar 2025011167.704.27$474
Feb 2025027870.884.34$1,207
Jan 2025030074.324.28$1,284
Dec 2024029768.993.12$927
Nov 20240069.052.20$0
Oct 2024048471.372.28$1,104
Sep 2024028869.612.36$681
Aug 2024061475.632.06$1,267
Jul 2024063579.932.15$1,363
Jun 2024063378.082.63$1,667
May 2024066878.812.20$1,469
Apr 2024065984.451.66$1,093
Mar 202417565980.301.55$15,071
Feb 2024063476.091.78$1,131
Jan 2024072373.023.30$2,384
Dec 2023077071.262.61$2,010
Nov 2023077977.892.81$2,187
Oct 2023081485.443.09$2,513
Sep 2023080489.042.74$2,199
Aug 202315671780.522.67$14,478
Jul 2023027774.852.64$732
Jun 2023035868.962.26$809
May 2023045070.622.23$1,002
Apr 2023062078.122.24$1,387
Mar 2023095372.852.39$2,281
Feb 202317524775.112.47$13,753
Jan 202301,07376.533.39$3,635
Dec 2022068676.415.73$3,930
Nov 202204485.005.65$248
Oct 20220087.185.86$0
Sep 2022010284.888.16$833
Aug 2022018494.529.13$1,679
Jul 20220185101.587.54$1,395
Jun 20220183115.097.98$1,460
May 20220190109.378.43$1,602
Apr 20220184104.226.84$1,258
Mar 20220175108.885.08$888
Feb 2022014991.054.86$724
Jan 2022018681.844.54$844
Dec 2021017971.323.90$698
Nov 2021017277.435.24$901
Oct 2021018779.795.71$1,068
Sep 2021017869.865.35$952
Aug 2021019066.024.22$802
Jul 2021019270.783.98$765
Jun 2021020569.493.38$693
May 2021022363.483.02$673
Apr 2021021860.362.76$601
Mar 2021021961.302.72$595
Feb 202103257.805.55$178
Jan 2021020150.412.81$565
Dec 2020020344.642.68$543
Nov 2020019938.772.71$539
Oct 202006336.972.48$156
Sep 20200037.091.99$0
Aug 202007739.982.39$184
Jul 2020010338.371.83$188
Jun 20200034.901.69$0
May 202003716.921.81$67
Apr 2020073914.751.80$1,333
Mar 2020037830.341.86$702
Feb 2020021949.881.98$434
Jan 2020059557.252.09$1,246
Dec 201915637259.012.30$10,063
Nov 2019044055.302.75$1,210
Oct 2019051453.472.42$1,243
Sep 2019056355.052.66$1,496
Aug 2019058953.112.30$1,357
Jul 2019062356.272.46$1,533
Jun 2019067652.782.49$1,684
May 2019017258.482.74$471
Apr 2019055162.632.75$1,516
Mar 2019059656.803.06$1,825
Feb 2019060850.852.79$1,698
Jan 201916463646.033.23$9,602
Dec 2018062346.594.19$2,608
Nov 2018061652.934.24$2,610
Oct 2018067361.443.40$2,287
Sep 2018060959.543.11$1,893
Aug 2018072159.403.07$2,211
Jul 2018074665.142.93$2,187
Jun 2018087560.183.08$2,692
May 2018050365.382.90$1,459
Apr 2018038263.842.90$1,108
Mar 201815965661.222.79$11,562
Feb 2018056661.782.77$1,566
Jan 2018056862.874.01$2,277
Dec 2017064857.272.92$1,893
Nov 2017058955.423.12$1,837
Oct 2017050049.292.98$1,492
Sep 2017046247.523.09$1,426
Aug 2017058945.373.00$1,770
Jul 20173856443.873.09$3,408
Jun 2017045442.493.09$1,402
May 2017156345.373.26$1,883
Apr 2017045947.933.21$1,474
Mar 2017059446.772.98$1,772
Feb 2017046250.452.95$1,364
Jan 2017047149.413.42$1,610
Dec 2016048348.763.72$1,798
Nov 2016055442.492.64$1,465
Oct 20167046146.193.09$4,658
Sep 2016062141.553.10$1,925
Aug 2016064341.442.92$1,880
Jul 2016058641.622.92$1,714
Jun 2016065245.352.69$1,751
May 2016059042.521.99$1,175
Apr 2016060636.561.99$1,207
Mar 2016073133.011.79$1,311
Feb 2016063126.472.06$1,302
Jan 2016076227.352.36$1,802
Dec 20156669232.362.00$3,521
Nov 2015071938.792.17$1,558
Oct 2015067043.552.43$1,626
Sep 2015019042.992.76$524
Aug 2015012540.162.87$359
Jul 2015044548.152.95$1,311
Jun 2015056556.152.88$1,629
May 2015038355.212.96$1,132
Apr 20156761749.822.71$5,008
Mar 2015057942.892.93$1,699
Feb 2015042744.662.98$1,271
Jan 2015051943.433.10$1,609
Dec 2014066454.693.59$2,385
Nov 2014055370.464.25$2,351
Oct 2014073078.303.90$2,848
Sep 2014072686.164.05$2,937
Aug 2014090989.394.04$3,668
Jul 20141384196.564.18$4,770
Jun 2014067498.164.74$3,193
May 2014069794.734.73$3,294
Apr 2014067695.944.81$3,251
Mar 2014070395.895.06$3,555
Feb 2014055497.406.19$3,430
Jan 20141343090.404.86$3,265
Dec 2013058391.824.35$2,539
Nov 2013065288.853.74$2,437
Oct 2013049097.423.78$1,852
Sep 20130504104.113.72$1,874
Aug 20130708104.253.52$2,494
Jul 201349634102.523.72$7,381
Jun 201306294.403.93$244
May 20130094.834.15$0
Apr 20130493.964.28$17
Mar 2013039293.623.91$1,534
Feb 20132643391.233.42$3,853
Jan 2013063791.603.42$2,178
Dec 2012057986.773.42$1,980
Nov 2012055986.953.62$2,026
Oct 2012069989.383.40$2,376
Sep 2012075394.672.92$2,198
Aug 2012078192.662.91$2,271
Jul 2012176185.133.02$2,384
Jun 20121381479.822.52$3,088
May 2012069091.612.49$1,717
Apr 20120723101.652.00$1,444
Mar 20120696105.052.22$1,547
Feb 20120760101.102.57$1,953
Jan 2012083398.092.73$2,277
Dec 2011057196.873.24$1,850
Nov 2011059895.723.31$1,980
Oct 2011080984.983.65$2,952
Sep 20111385983.623.99$4,511
Aug 2011088183.404.15$3,656
Jul 2011090494.144.52$4,084
Jun 2011086492.904.64$4,009
May 2011088598.134.40$3,898
Apr 20110862105.964.33$3,735
Mar 2011094196.364.06$3,818
Feb 2011065085.644.18$2,717
Jan 20111482386.504.59$4,988
Dec 2010086285.734.35$3,748
Nov 2010082180.843.80$3,116
Oct 2010077878.103.51$2,730
Sep 2010085972.633.98$3,418
Aug 2010088673.684.42$3,916
Jul 20101378472.554.74$4,657
Jun 2010084270.364.91$4,135
May 2010083871.124.24$3,549
Apr 2010179981.694.12$3,376
Mar 2010089878.394.39$3,941
Feb 20101480773.585.44$5,422
Jan 2010083974.365.96$5,004
Dec 2009090471.445.48$4,957
Nov 2009189574.593.75$3,432
Oct 20091487672.544.11$4,616
Sep 2009175265.543.06$2,370
Aug 2009186467.423.22$2,848
Jul 20091496161.133.46$4,185
Jun 2009091766.163.90$3,572
May 200911,00354.743.93$3,992
Apr 2009196946.773.59$3,523
Mar 20091596642.144.06$4,553
Feb 2009082832.814.63$3,836
Jan 2009093035.865.37$4,995
Dec 20081391837.105.98$5,969
Nov 2008092455.496.86$6,339
Oct 2008097875.246.92$6,770
Sep 200801,022101.767.88$8,050
Aug 2008141,102114.228.48$10,947
Jul 200801,147131.0811.39$13,064
Jun 200811,099131.3313.03$14,454
May 200815864123.1711.57$11,848
Apr 20080874110.3110.45$9,138
Mar 200815714101.909.66$8,429
Feb 2008075392.538.77$6,604
Jan 2008181790.388.21$6,794
Dec 20071686288.337.30$7,708
Nov 2007092591.677.29$6,745
Oct 2007099682.856.92$6,894
Sep 20072094175.846.24$7,393
Aug 2007069669.066.39$4,446
Jul 2007086070.906.39$5,494
Jun 20072775062.007.55$7,335
May 2007091058.747.85$7,140
Apr 2007193759.617.81$7,373
Mar 2007331,03856.927.30$9,458
Feb 200701,40955.108.22$11,576
Jan 200701,01650.306.73$6,834
Dec 2006331,15456.656.92$9,853
Nov 200601,15554.207.62$8,798
Oct 20063289254.906.01$7,121
Sep 2006059060.085.04$2,972
Aug 20063294568.717.34$9,135
Jul 2006091769.376.34$5,816
Jun 2006195366.286.38$6,150
May 2006090266.016.42$5,795
Apr 2006088664.397.36$6,521
Mar 2006401,02956.707.08$9,556
Feb 20065196357.597.75$10,401
Jan 200601,02260.598.93$9,130
Dec 200501,00254.9413.42$13,442
Nov 2005098254.6910.59$10,398
Oct 2005189058.3413.80$12,337
Sep 2005461,16361.4512.08$16,875
Aug 200521,18461.519.80$11,722
Jul 2005551,12955.697.84$11,918
Jun 2005188252.337.38$6,562
May 20054390045.226.65$7,931
Apr 2005472549.207.36$5,533
Mar 20055083750.377.15$8,507
Feb 200551,20845.226.31$7,851
Jan 200510151643.166.32$7,621
Dec 2004049939.866.75$3,369
Nov 2004034045.286.33$2,152
Oct 20045861349.706.52$6,876
Sep 2004065743.245.28$3,472
Aug 2004073642.375.55$4,085
Jul 2004093738.286.08$5,701
Jun 20046187736.106.43$7,844
May 2004193937.486.49$6,136
Apr 2004095934.475.86$5,618
Mar 20046298934.365.53$7,600
Feb 2004086232.455.51$4,749
Jan 2004087032.036.30$5,481
Dec 2003188030.266.30$5,576
Nov 2003093528.804.60$4,296
Oct 20037395828.174.76$6,616
Sep 200301,31726.314.75$6,255
Aug 200301,25129.765.13$6,417
Jul 2003741,21329.415.17$8,449
Jun 200341,33928.565.98$8,125
May 200301,03826.595.97$6,200
Apr 2003721,40426.675.41$9,512
Mar 200301,28031.146.10$7,803
Feb 200301,34633.487.93$10,668
Jan 2003721,55930.315.58$10,885
Dec 200201,05526.914.85$5,121
Nov 2002731,22424.664.14$6,864
Oct 200211,33026.464.23$5,651
Sep 200201,45527.443.64$5,289
Aug 2002451,65425.963.16$6,402
Jul 200201,62724.583.06$4,981
Jun 2002451,54823.733.34$6,235
May 200221,53724.663.58$5,558
Apr 2002471,58023.653.51$6,661
Mar 200201,73122.003.10$5,371
Feb 200211,61318.222.38$3,850
Jan 2002471,66417.172.38$4,760
Dec 200141,71116.932.36$4,113
Nov 2001471,72918.072.41$5,008
Oct 200101,98719.782.53$5,025
Sep 2001451,97824.262.25$5,545
Aug 200101,66824.873.05$5,093
Jul 200101,71923.933.20$5,496
Jun 2001451,94424.563.82$8,539
May 200101,71825.524.31$7,400
Apr 2001452,22424.685.34$12,976
Mar 200102,21524.545.38$11,909
Feb 2001472,04927.755.77$13,121
Jan 2001089927.478.40$7,550
Dec 20004714526.889.12$2,586
Nov 20004818732.215.66$2,604
Oct 2000057231.235.15$2,943
Sep 2000078031.875.19$4,045
Aug 2000591,74529.644.54$9,672
Jul 200001,80528.534.09$7,382
Jun 200001,74329.304.40$7,664
May 2000601,80127.263.68$8,263
Apr 2000591,73824.513.12$6,862
Mar 200001,82028.422.86$5,205
Feb 200001,63227.622.73$4,450
Jan 2000601,84225.272.48$6,085
Dec 199901,56524.282.42$3,793
Nov 1999591,53723.192.43$5,109
Oct 199901,60620.982.80$4,503
Sep 1999611,57321.752.62$5,446
Aug 199902,09419.262.88$6,022
Jul 1999601,85917.892.37$5,484
Jun 199901,38015.942.36$3,260
May 1999611,54915.792.32$4,558
Apr 1999591,40215.102.21$3,987
Mar 199901,38612.471.84$2,548
Feb 1999601,4429.981.82$3,220
Jan 199901,59910.381.90$3,038
Dec 199801,7629.201.77$3,125
Nov 19981181,71310.892.19$5,029
Oct 199801,85112.421.97$3,645
Sep 199801,65212.592.08$3,440
Aug 19981181,54611.301.91$4,282
Jul 199801,91411.742.24$4,282
Jun 1998611,90411.242.24$4,945
May 199801,90812.622.21$4,210
Apr 1998591,86613.042.51$5,444
Mar 1998571,85412.802.31$5,011
Feb 199801,62613.952.30$3,738
Jan 199801,85914.702.15$4,006
Dec 1997611,99316.322.41$5,801
Nov 199701,83218.193.09$5,658
Oct 19971221,96919.253.15$8,551
Sep 199702,02217.742.95$5,975
Aug 199701,99917.862.55$5,107
Jul 199702,08317.582.25$4,680
Jun 19971191,87917.242.26$6,293
May 199702,03318.972.31$4,693
Apr 199701,86817.882.08$3,891
Mar 199701,86018.951.94$3,607
Feb 199701,85320.492.21$4,088
Jan 19971132,02423.483.54$9,818
Dec 199612,15023.32$23
Nov 1996572,72221.97$1,252
Oct 199602,29423.31$0
Sep 1996592,19522.22$1,311
Aug 199602,17320.26$0
Jul 199602,10219.55$0
Jun 1996582,39818.73$1,086
May 199642,30719.43$78
Apr 1996572,46621.51$1,226
Mar 1996622,28019.38$1,202
Feb 199601,79816.98$0
Jan 1996562,59717.07$956
Dec 199512,46217.19$17
Nov 19951132,43416.00$1,808
Oct 199502,61015.43$0
Sep 199502,42316.18$0
Aug 19951142,61215.92$1,815
Jul 199502,77915.24$0
Jun 1995592,71116.41$968
May 199502,80817.56$0
Apr 19951182,77117.73$2,092
Mar 1995604,01316.44$986
Feb 199503,23316.58$0
Jan 19951194,20115.92$1,894
Dec 199403,21715.03$0
Nov 199401,65115.90$0
Oct 19941172,36415.58$1,823
Sep 199412,40915.29$15
Aug 1994592,37616.13$952
Jul 199402,61217.56$0
Jun 1994582,34017.09$991
May 19941672,42815.88$2,652
Apr 199402,23214.14$0
Mar 1994592,43212.46$735
Feb 199402,36812.50$0
Jan 19941182,77512.66$1,494
Dec 199302,83512.33$0
Nov 19931752,90614.49$2,536
Oct 199303,17815.85$0
Sep 1993583,40815.03$872
Aug 199303,01015.66$0
Jul 19931152,49215.46$1,778
Jun 1993562,26516.79$940
May 199302,52317.68$0
Apr 19931132,79618.05$2,040
Mar 1993572,92318.14$1,034
Feb 1993552,98117.90$985
Jan 19931683,50216.93$2,844

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                    7 Mcf  × $  3.05 =        $21

────────────────────────────────────────────────────
Month total                                      $21

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. 7C/G/139132 is the state's own key, not one this site invented.