TIPPETT, JUNE

Operated by APACHE CORPORATION (P-5 27200) in the PEGASUS (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13397District 7CField 70279375OilCasinghead gasSaveExport
Value, all time
$16.7 M
Jan 1993 – Mar 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
303
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 4 leases and 29 wells, and the rule below applies to all of them.

Discovered
1958-04-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1964-07-01.

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
OilDisposition180,344 bbl$5,727,745
Casinghead gasProduction2,068,024 Mcf$10,996,916
Total$16,724,661

279,695 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.

Every month this lease reported (303)

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

303 months

Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
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 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
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 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
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 20110083.623.99$0
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 201011081.694.12$899
Mar 201079078.394.39$6,193
Feb 2010849073.585.44$62,469
Jan 20101,076074.365.96$80,011
Dec 2009933071.445.48$66,654
Nov 20091,043174.593.75$77,801
Oct 200972179472.544.11$55,565
Sep 20091,19323,29965.543.06$149,595
Aug 20091,19840,06467.423.22$209,715
Jul 20091,21560,88061.133.46$285,192
Jun 200998359,72766.163.90$297,672
May 20091,15054,35254.743.93$276,323
Apr 20091,29533,45146.773.59$180,573
Mar 20091,38639,29842.144.06$217,917
Feb 200987123,27432.814.63$136,406
Jan 20091,08226,15535.865.37$179,279
Dec 20081,0691,12637.105.98$46,390
Nov 200880330,68755.496.86$255,082
Oct 200853520,13475.246.92$179,621
Sep 200831610,931101.767.88$118,261
Aug 20089101,406114.228.48$115,867
Jul 20081,1761,414131.0811.39$170,255
Jun 20081,0590131.3313.03$139,078
May 20081,05319,652123.1711.57$357,156
Apr 20081,31936,794110.3110.45$530,175
Mar 20081,35845,260101.909.66$575,776
Feb 20081,39232,22492.538.77$411,425
Jan 20081,48933,55390.388.21$409,903
Dec 20071,51628,34688.337.30$340,890
Nov 20071,32238,78191.677.29$403,967
Oct 20071,37142,07582.856.92$404,830
Sep 20071,13740,95575.846.24$341,960
Aug 20071,21842,20269.066.39$353,699
Jul 20071,44528,58870.906.39$285,069
Jun 20071,24325,82562.007.55$272,005
May 20071,24238,60758.747.85$375,876
Apr 20071,25038,44759.617.81$374,599
Mar 20071,2183,08656.927.30$91,862
Feb 20071001,26355.108.22$15,887
Jan 20072121,60550.306.73$21,460
Dec 2006775,26256.656.92$40,767
Nov 20061364,54454.207.62$41,985
Oct 200611846,62954.906.01$286,896
Sep 20067259,62460.085.04$304,664
Aug 20069564,33868.717.34$478,763
Jul 2006794,33469.376.34$32,970
Jun 2006136466.286.38$1,270
May 2006207266.016.42$1,783
Apr 20069569064.397.36$11,196
Mar 200614758,98856.707.08$426,142
Feb 20064437,98457.597.75$296,953
Jan 20064429,15960.598.93$263,153
Dec 200515726,75054.9413.42$367,488
Nov 200512931,33054.6910.59$338,790
Oct 20059137,80158.3413.80$526,802
Sep 200512121,69461.4512.08$269,477
Aug 200517826,22461.519.80$267,861
Jul 20057718,16255.697.84$146,744
Jun 20059252.337.38$486
May 20052035345.226.65$3,252
Apr 20051635649.207.36$3,408
Mar 20052744250.377.15$4,522
Feb 20052638345.226.31$3,593
Jan 2005261,06843.166.32$7,874
Dec 20043033039.866.75$3,424
Nov 2004231,88745.286.33$12,987
Oct 20041970249.706.52$5,518
Sep 20043490843.245.28$6,268
Aug 20043091542.375.55$6,350
Jul 2004381,07538.286.08$7,995
Jun 2004681,05636.106.43$9,248
May 200412583337.486.49$10,095
Apr 200416694234.475.86$11,241
Mar 20041345334.365.53$4,897
Feb 2004574232.455.51$2,081
Jan 2004824732.036.30$2,923
Dec 20031114930.266.30$3,668
Nov 2003964728.804.60$2,981
Oct 2003644828.174.76$2,031
Sep 2003453726.314.75$1,360
Aug 2003584129.765.13$1,936
Jul 2003557529.415.17$2,005
Jun 20036769328.565.98$6,060
May 20031391,63826.595.97$13,479
Apr 20032202,46026.675.41$19,169
Mar 20032933,47631.146.10$30,314
Feb 20031393,35633.487.93$31,253
Jan 20031624,16730.315.58$28,171
Dec 2002954,18126.914.85$22,850
Nov 20021033,78024.664.14$18,178
Oct 20021404,08826.464.23$20,993
Sep 20022485,11027.443.64$25,381
Aug 20021895,17225.963.16$21,271
Jul 20022916,23824.583.06$26,252
Jun 20022164,43523.733.34$19,931
May 20021885,30624.663.58$23,653
Apr 20021974,00523.653.51$18,726
Mar 200212487122.003.10$5,430
Feb 200213663218.222.38$3,979
Jan 20021152,16817.172.38$7,125
Dec 200122276616.932.36$5,570
Nov 20012381,08018.072.41$6,899
Oct 20014073,52219.782.53$16,957
Sep 20015103,63524.262.25$20,556
Aug 20014633,67624.873.05$22,738
Jul 20011501,05923.933.20$6,975
Jun 20018281,48324.563.82$26,007
May 20017611,66025.524.31$26,571
Apr 20019648,17124.685.34$67,386
Mar 20011,2252,22824.545.38$42,040
Feb 20011,0691,22827.755.77$36,747
Jan 20011,3791,25327.478.40$48,405
Dec 20002,2691,55626.889.12$75,185
Nov 20003351,55532.215.66$19,589
Oct 20005552,25231.235.15$28,920
Sep 20004232,66731.875.19$27,313
Aug 20004283,27829.644.54$27,571
Jul 20005843,20828.534.09$29,781
Jun 20004703,65729.304.40$29,852
May 20005932,66027.263.68$25,953
Apr 20003802,43224.513.12$16,892
Mar 20004001,68528.422.86$16,187
Feb 200040071127.622.73$12,987
Jan 20005732,80125.272.48$21,428
Dec 19995265,29024.282.42$25,593
Nov 19996177,76523.192.43$33,208
Oct 19997144,88520.982.80$28,676
Sep 19996404,74321.752.62$26,341
Aug 19999745,32619.262.88$34,075
Jul 19994027,00417.892.37$23,808
Jun 19993645,13615.942.36$17,934
May 199956310,12815.792.32$32,397
Apr 19994845,20915.102.21$18,810
Mar 19995004,97212.471.84$15,375
Feb 19994275,0709.981.82$13,478
Jan 19995405,51710.381.90$16,087
Dec 19986045,3159.201.77$14,982
Nov 19987266,02810.892.19$21,082
Oct 19987946,18512.421.97$22,041
Sep 19987934,10112.592.08$18,525
Aug 19981,1288,97411.301.91$29,863
Jul 19981,0988,05311.742.24$30,907
Jun 19988417,68811.242.24$26,653
May 19981,0738,52112.622.21$32,341
Apr 19982,3029,29113.042.51$53,295
Mar 19982,0818,41512.802.31$46,071
Feb 19981,9117,44213.952.30$43,769
Jan 19983,13711,01314.702.15$69,845
Dec 19972,4849,33616.322.41$63,049
Nov 19972,2259,74818.193.09$70,577
Oct 19971,7319,85019.253.15$64,347
Sep 19971,3327,65217.742.95$46,240
Aug 19971,6017,35217.862.55$47,376
Jul 19971,6708,84417.582.25$49,231
Jun 19971,19910,25317.242.26$43,814
May 19971,68610,17118.972.31$55,463
Apr 19971,8115,99817.882.08$44,873
Mar 19971,5315,04718.951.94$38,799
Feb 19971,6394,83720.492.21$44,253
Jan 19972,3537,57523.483.54$82,062
Dec 19962,1406,43023.32$49,905
Nov 19961,7946,48221.97$39,414
Oct 19961,4888,32323.31$34,685
Sep 19961,7407,78922.22$38,663
Aug 19961,7948,10820.26$36,346
Jul 19962,5767,61619.55$50,361
Jun 19962,4016,92918.73$44,971
May 19963,08412,61419.43$59,922
Apr 19962,1414,65321.51$46,053
Mar 19962,5683,22519.38$49,768
Feb 19962,8326,09116.98$48,087
Jan 19963,88917,54117.07$66,385
Dec 19953,49915,81317.19$60,148
Nov 19957682,51116.00$12,288
Oct 19957452,33615.43$11,495
Sep 19958002,44716.18$12,944
Aug 19957293,45115.92$11,606
Jul 19957672,99015.24$11,689
Jun 19955932,75216.41$9,731
May 19956412,58417.56$11,256
Apr 19956373,07117.73$11,294
Mar 19951,0511,92616.44$17,278
Feb 19951,2474,69316.58$20,675
Jan 19951,5414,87215.92$24,533
Dec 19941,5914,59915.03$23,913
Nov 19941,0042,66315.90$15,964
Oct 19941,1343,20415.58$17,668
Sep 19949453,02315.29$14,449
Aug 19941,1884,27116.13$19,162
Jul 19941,0454,80617.56$18,350
Jun 19941,2364,74817.09$21,123
May 19941,2455,13415.88$19,771
Apr 19941,1674,79314.14$16,501
Mar 19941,2174,77612.46$15,164
Feb 19941,1153,97012.50$13,938
Jan 19941,3934,29912.66$17,635
Dec 19931,6245,29512.33$20,024
Nov 19931,4534,82514.49$21,054
Oct 19935993,91315.85$9,494
Sep 19936152,36715.03$9,243
Aug 19931,1235,43115.66$17,586
Jul 19936033,49315.46$9,322
Jun 19931,0384,91816.79$17,428
May 19931,1525,34817.68$20,367
Apr 19931,5076,43318.05$27,201
Mar 19932,0429,67018.14$37,042
Feb 19932,0767,14517.90$37,160
Jan 19933,68825,32416.93$62,438

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.

Apr 2010 — as filed, then multipliedworked
Oil                   11 bbl  × $ 81.69 =       $899
Casinghead gas         0 Mcf  × $  4.12 =         $0

────────────────────────────────────────────────────
Month total                                     $899

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/O/13397 is the state's own key, not one this site invented.