TIPPETT, "A"

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2971District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$457 k
Jan 1993 – Nov 2002
Value, last 12 filed months
$569
at the published price for each month
Months reported
119
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition23,779 bbl$402,835
Casinghead gasProduction68,573 Mcf$54,159
Total$456,993

48,139 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 31.5884, -101.8740. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58840, -101.87397 · 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
7,360 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
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 7,360 ft.

Plug dates filed
May 2002
1 of 1 wells

1 well

42-4610266517,360 ftMay 2002Yes

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 (119)

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

119 months

Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 200218027.443.64$494
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020123.653.51$4
Mar 20020022.003.10$0
Feb 200201218.222.38$29
Jan 200201217.172.38$29
Dec 20010616.932.36$14
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200199024.563.82$2,431
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000023732.215.66$1,341
Oct 2000034431.235.15$1,770
Sep 200017021931.875.19$6,554
Aug 2000037729.644.54$1,712
Jul 200016845828.534.09$6,666
Jun 200017451129.304.40$7,345
May 2000042227.263.68$1,553
Apr 2000046024.513.12$1,433
Mar 200017456328.422.86$6,555
Feb 200008227.622.73$224
Jan 20000025.272.48$0
Dec 199916842924.282.42$5,119
Nov 199917131523.192.43$4,732
Oct 199916746820.982.80$4,816
Sep 199917147921.752.62$4,974
Aug 199917555319.262.88$4,961
Jul 199934743617.892.37$7,242
Jun 199917647215.942.36$3,920
May 199918657115.792.32$4,262
Apr 199917959815.102.21$4,023
Mar 199918346312.471.84$3,133
Feb 199905529.981.82$1,003
Jan 199917727010.381.90$2,350
Dec 19981823569.201.77$2,306
Nov 199818336810.892.19$2,797
Oct 199817945012.421.97$3,109
Sep 199817644712.592.08$3,147
Aug 1998041111.301.91$784
Jul 199836459011.742.24$5,593
Jun 199818047411.242.24$3,084
May 199817357012.622.21$3,441
Apr 199814346013.042.51$3,017
Mar 199835750712.802.31$5,740
Feb 199833246713.952.30$5,705
Jan 199817147314.702.15$3,533
Dec 199737256016.322.41$7,421
Nov 199717249018.193.09$4,642
Oct 199718652219.253.15$5,225
Sep 199718449317.742.95$4,721
Aug 19974241517.862.55$1,810
Jul 199713240317.582.25$3,226
Jun 199725253617.242.26$5,554
May 199718264118.972.31$4,932
Apr 1997069317.882.08$1,443
Mar 199718644118.951.94$4,380
Feb 199719116020.492.21$4,267
Jan 199718019723.483.54$4,924
Dec 199634868023.32$8,115
Nov 199618789321.97$4,108
Oct 19961651,05623.31$3,846
Sep 199637697522.22$8,355
Aug 199618595220.26$3,748
Jul 19961761,06519.55$3,441
Jun 19961751,10918.73$3,278
May 19963631,08719.43$7,053
Apr 19961701,11321.51$3,657
Mar 19963611,14519.38$6,996
Feb 199619187716.98$3,243
Jan 199618583417.07$3,158
Dec 199537592517.19$6,446
Nov 19951891,06116.00$3,024
Oct 19953781,27215.43$5,833
Sep 199518697616.18$3,009
Aug 19953681,13315.92$5,859
Jul 19951731,15515.24$2,637
Jun 199535688316.41$5,842
May 19951831,14317.56$3,213
Apr 19953771,09217.73$6,684
Mar 19953811,14516.44$6,264
Feb 199519191616.58$3,167
Jan 199536984415.92$5,874
Dec 199438399215.03$5,756
Nov 199435972215.90$5,708
Oct 199434189115.58$5,313
Sep 199436887715.29$5,627
Aug 19943781,07316.13$6,097
Jul 199418982217.56$3,319
Jun 199437194617.09$6,340
May 199437597215.88$5,955
Apr 199455271714.14$7,805
Mar 19943611,01112.46$4,498
Feb 199435375812.50$4,413
Jan 19941591,00312.66$2,013
Dec 199351896412.33$6,387
Nov 199337396714.49$5,405
Oct 19935471,08515.85$8,670
Sep 19931901,12715.03$2,856
Aug 19935611,10715.66$8,785
Jul 19935651,33715.46$8,735
Jun 19933781,04316.79$6,347
May 199337081117.68$6,542
Apr 19935641,14218.05$10,180
Mar 19935551,41218.14$10,068
Feb 19935681,05117.90$10,167
Jan 199357197816.93$9,667

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.

Sep 2002 — as filed, then multipliedworked
Oil                   18 bbl  × $ 27.44 =       $494
Casinghead gas         0 Mcf  × $  3.64 =         $0

────────────────────────────────────────────────────
Month total                                     $494

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/2971 is the state's own key, not one this site invented.