PHIPPS "240"

Operated by GRIFFIN PETROLEUM COMPANY (P-5 333925) in the WELCH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 62379District 8AField 96062001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$79 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 67 leases and 1,426 wells, and the rule below applies to all of them.

Discovered
1941-12-31
as the register files it
Field class
Oil
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 20 acres. The field rule took effect on 2019-01-23.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: REQUIRED

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
OilDisposition63,501 bbl$3,238,972
Casinghead gasProduction34 Mcf$4
Total$3,238,976

32 Mcf of this lease's gas, across 32 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 32.9479, -102.1922. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.94792, -102.19224 · 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
4,930 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 4,930 ft.

Completions filed
Jan 1979
1 of 1 wells

1 well

42-1153125314,930 ftJan 1979

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 2026141098.932.87$13,949
Mar 20260089.753.15$0
Feb 2026176063.503.75$11,176
Jan 20260059.138.00$0
Dec 2025148056.664.41$8,386
Nov 2025186058.593.93$10,898
Oct 20250059.383.30$0
Sep 2025171062.743.08$10,729
Aug 2025171063.933.01$10,932
Jul 20250066.743.32$0
Jun 2025187066.483.13$12,432
May 2025189060.553.23$11,444
Apr 20250062.363.54$0
Mar 2025189067.704.27$12,795
Feb 20250070.884.34$0
Jan 2025180074.324.28$13,378
Dec 2024168068.993.12$11,590
Nov 20240069.052.20$0
Oct 2024139071.372.28$9,920
Sep 2024180069.612.36$12,530
Aug 2024151075.632.06$11,420
Jul 20240079.932.15$0
Jun 2024167078.082.63$13,039
May 2024184078.812.20$14,501
Apr 20240084.451.66$0
Mar 2024165080.301.55$13,250
Feb 2024161076.091.78$12,250
Jan 2024160073.023.30$11,683
Dec 2023133071.262.61$9,478
Nov 2023184077.892.81$14,332
Oct 20230085.443.09$0
Sep 2023175089.042.74$15,582
Aug 20230080.522.67$0
Jul 2023136074.852.64$10,180
Jun 2023142068.962.26$9,792
May 2023163070.622.23$11,511
Apr 20230078.122.24$0
Mar 2023135072.852.39$9,835
Feb 2023140075.112.47$10,515
Jan 2023142076.533.39$10,867
Dec 2022166076.415.73$12,684
Nov 20220085.005.65$0
Oct 2022138087.185.86$12,031
Sep 2022169084.888.16$14,345
Aug 2022145094.529.13$13,705
Jul 20221050101.587.54$10,666
Jun 20221570115.097.98$18,069
May 20221360109.378.43$14,874
Apr 20221610104.226.84$16,779
Mar 202200108.885.08$0
Feb 2022143091.054.86$13,020
Jan 2022125081.844.54$10,230
Dec 2021130071.323.90$9,272
Nov 2021144077.435.24$11,150
Oct 2021133079.795.71$10,612
Sep 20210069.865.35$0
Aug 2021130066.024.22$8,583
Jul 2021287070.783.98$20,314
Jun 2021159069.493.38$11,049
May 20210063.483.02$0
Apr 2021151060.362.76$9,114
Mar 2021142061.302.72$8,705
Feb 2021139057.805.55$8,034
Jan 2021133050.412.81$6,705
Dec 2020323044.642.68$14,419
Nov 2020325038.772.71$12,600
Oct 2020108036.972.48$3,993
Sep 2020161037.091.99$5,971
Aug 2020338039.982.39$13,513
Jul 20200038.371.83$0
Jun 2020459034.901.69$16,019
May 20200016.921.81$0
Apr 2020152014.751.80$2,242
Mar 2020156030.341.86$4,733
Feb 2020154049.881.98$7,682
Jan 2020333057.252.09$19,064
Dec 2019134059.012.30$7,907
Nov 2019166055.302.75$9,180
Oct 2019156053.472.42$8,341
Sep 2019155055.052.66$8,533
Aug 2019135053.112.30$7,170
Jul 2019340056.272.46$19,132
Jun 2019182052.782.49$9,606
May 2019171058.482.74$10,000
Apr 2019352062.632.75$22,046
Mar 2019169056.803.06$9,599
Feb 2019123050.852.79$6,255
Jan 2019145046.033.23$6,674
Dec 2018337046.594.19$15,701
Nov 2018299052.934.24$15,826
Oct 20180061.443.40$0
Sep 2018156059.543.11$9,288
Aug 2018155059.403.07$9,207
Jul 2018313065.142.93$20,389
Jun 2018140060.183.08$8,425
May 2018285065.382.90$18,633
Apr 2018135063.842.90$8,618
Mar 2018344061.222.79$21,060
Feb 2018143061.782.77$8,835
Jan 2018149062.874.01$9,368
Dec 2017159057.272.92$9,106
Nov 2017307055.423.12$17,014
Oct 2017286049.292.98$14,097
Sep 2017134047.523.09$6,368
Aug 2017128045.373.00$5,807
Jul 2017320043.873.09$14,038
Jun 2017131042.493.09$5,566
May 2017292045.373.26$13,248
Apr 201798047.933.21$4,697
Mar 20170046.772.98$0
Feb 2017311050.452.95$15,690
Jan 20170049.413.42$0
Dec 2016292048.763.72$14,238
Nov 2016165042.492.64$7,011
Oct 2016156046.193.09$7,206
Sep 2016165041.553.10$6,856
Aug 2016156041.442.92$6,465
Jul 2016157041.622.92$6,534
Jun 2016159045.352.69$7,211
May 2016125042.521.99$5,315
Apr 2016309036.561.99$11,297
Mar 20160033.011.79$0
Feb 2016163026.472.06$4,315
Jan 2016316027.352.36$8,643
Dec 20150032.362.00$0
Nov 2015130038.792.17$5,043
Oct 2015309043.552.43$13,457
Sep 2015140042.992.76$6,019
Aug 2015132040.162.87$5,301
Jul 20150048.152.95$0
Jun 2015275056.152.88$15,441
May 20151055.212.96$55
Apr 2015339049.822.71$16,889
Mar 2015137042.892.93$5,876
Feb 20150044.662.98$0
Jan 2015309043.433.10$13,420
Dec 2014138054.693.59$7,547
Nov 2014136070.464.25$9,583
Oct 2014272078.303.90$21,298
Sep 20140086.164.05$0
Aug 2014227089.394.04$20,292
Jul 2014165096.564.18$15,932
Jun 2014321098.164.74$31,509
May 2014160094.734.73$15,157
Apr 2014159095.944.81$15,254
Mar 2014162095.895.06$15,534
Feb 2014159097.406.19$15,487
Jan 2014140090.404.86$12,656
Dec 2013161091.824.35$14,783
Nov 2013323088.853.74$28,699
Oct 2013161097.423.78$15,685
Sep 20131610104.113.72$16,762
Aug 20131620104.253.52$16,889
Jul 20131610102.523.72$16,506
Jun 2013322094.403.93$30,397
May 2013162094.834.15$15,362
Apr 2013160093.964.28$15,034
Mar 2013321093.623.91$30,052
Feb 2013161091.233.42$14,688
Jan 2013145091.603.42$13,282
Dec 2012325086.773.42$28,200
Nov 2012159086.953.62$13,825
Oct 2012321089.383.40$28,691
Sep 2012162094.672.92$15,337
Aug 2012321092.662.91$29,744
Jul 2012161085.133.02$13,706
Jun 2012332079.822.52$26,500
May 2012170091.612.49$15,574
Apr 20121620101.652.00$16,467
Mar 20123220105.052.22$33,826
Feb 20121620101.102.57$16,378
Jan 2012162098.092.73$15,891
Dec 2011162096.873.24$15,693
Nov 2011163095.723.31$15,602
Oct 2011163084.983.65$13,852
Sep 20110083.623.99$0
Aug 2011162083.404.15$13,511
Jul 2011155094.144.52$14,592
Jun 2011161092.904.64$14,957
May 2011162098.134.40$15,897
Apr 201100105.964.33$0
Mar 2011157096.364.06$15,129
Feb 2011170085.644.18$14,559
Jan 2011173086.504.59$14,965
Dec 2010172085.734.35$14,746
Nov 20100080.843.80$0
Oct 2010327078.103.51$25,539
Sep 20100072.633.98$0
Aug 2010170073.684.42$12,526
Jul 2010169072.554.74$12,261
Jun 20100070.364.91$0
May 2010171071.124.24$12,162
Apr 2010170081.694.12$13,887
Mar 2010173078.394.39$13,561
Feb 20100073.585.44$0
Jan 2010171074.365.96$12,716
Dec 2009171071.445.48$12,216
Nov 2009175074.593.75$13,053
Oct 2009170072.544.11$12,332
Sep 20090065.543.06$0
Aug 2009160067.423.22$10,787
Jul 2009162061.133.46$9,903
Jun 2009164066.163.90$10,850
May 2009161054.743.93$8,813
Apr 2009162046.773.59$7,577
Mar 2009161042.144.06$6,785
Feb 20090032.814.63$0
Jan 2009162035.865.37$5,809
Dec 2008161037.105.98$5,973
Nov 2008321055.496.86$17,812
Oct 20080075.246.92$0
Sep 20081630101.767.88$16,587
Aug 20081710114.228.48$19,532
Jul 20081630131.0811.39$21,366
Jun 200800131.3313.03$0
May 20081590123.1711.57$19,584
Apr 20081570110.3110.45$17,319
Mar 20081700101.909.66$17,323
Feb 2008168092.538.77$15,545
Jan 2008172090.388.21$15,545
Dec 2007174088.337.30$15,369
Nov 2007170091.677.29$15,584
Oct 2007169082.856.92$14,002
Sep 2007159075.846.24$12,059
Aug 20070069.066.39$0
Jul 2007148070.906.39$10,493
Jun 2007135062.007.55$8,370
May 2007163058.747.85$9,575
Apr 2007159059.617.81$9,478
Mar 2007163056.927.30$9,278
Feb 2007161055.108.22$8,871
Jan 2007144050.306.73$7,243
Dec 2006168056.656.92$9,517
Nov 2006171054.207.62$9,268
Oct 2006172054.906.01$9,443
Sep 2006172060.085.04$10,334
Aug 2006172068.717.34$11,818
Jul 2006161069.376.34$11,169
Jun 2006166066.286.38$11,002
May 2006171066.016.42$11,288
Apr 2006169064.397.36$10,882
Mar 2006175056.707.08$9,923
Feb 20060057.597.75$0
Jan 2006168060.598.93$10,179
Dec 2005175054.9413.42$9,615
Nov 2005164054.6910.59$8,969
Oct 2005159058.3413.80$9,276
Sep 2005166061.4512.08$10,201
Aug 20050061.519.80$0
Jul 2005163055.697.84$9,077
Jun 2005142052.337.38$7,431
May 2005173045.226.65$7,823
Apr 2005160049.207.36$7,872
Mar 2005170050.377.15$8,563
Feb 2005166045.226.31$7,507
Jan 2005169043.166.32$7,294
Dec 2004170039.866.75$6,776
Nov 2004167045.286.33$7,562
Oct 2004171049.706.52$8,499
Sep 2004165043.245.28$7,135
Aug 2004202042.375.55$8,559
Jul 20040038.286.08$0
Jun 2004144036.106.43$5,198
May 2004336037.486.49$12,593
Apr 20040034.475.86$0
Mar 2004171034.365.53$5,876
Feb 2004170032.455.51$5,517
Jan 2004172032.036.30$5,509
Dec 2003167030.266.30$5,053
Nov 2003171028.804.60$4,925
Oct 2003171028.174.76$4,817
Sep 2003170026.314.75$4,473
Aug 2003172029.765.13$5,119
Jul 2003171029.415.17$5,029
Jun 2003166028.565.98$4,741
May 2003162026.595.97$4,308
Apr 2003170026.675.41$4,534
Mar 2003173031.146.10$5,387
Feb 2003180033.487.93$6,026
Jan 2003172030.315.58$5,213
Dec 2002169026.914.85$4,548
Nov 2002172024.664.14$4,242
Oct 2002172026.464.23$4,551
Sep 2002163027.443.64$4,473
Aug 2002165025.963.16$4,283
Jul 2002316024.583.06$7,767
Jun 2002172023.733.34$4,082
May 2002162024.663.58$3,995
Apr 2002170023.653.51$4,021
Mar 2002171022.003.10$3,762
Feb 2002171018.222.38$3,116
Jan 2002170017.172.38$2,919
Dec 2001163016.932.36$2,760
Nov 2001148018.072.41$2,674
Oct 2001169019.782.53$3,343
Sep 2001141024.262.25$3,421
Aug 2001164024.873.05$4,079
Jul 2001140023.933.20$3,350
Jun 2001166024.563.82$4,077
May 2001148025.524.31$3,777
Apr 2001140024.685.34$3,455
Mar 2001296024.545.38$7,264
Feb 20010027.755.77$0
Jan 2001169027.478.40$4,642
Dec 2000177026.889.12$4,758
Nov 2000177032.215.66$5,701
Oct 2000172031.235.15$5,372
Sep 2000172031.875.19$5,482
Aug 2000169029.644.54$5,009
Jul 2000173028.534.09$4,936
Jun 20000029.304.40$0
May 2000141027.263.68$3,844
Apr 2000149024.513.12$3,652
Mar 2000170028.422.86$4,831
Feb 2000158027.622.73$4,364
Jan 2000152025.272.48$3,841
Dec 1999166024.282.42$4,030
Nov 1999162023.192.43$3,757
Oct 1999167020.982.80$3,504
Sep 1999169021.752.62$3,676
Aug 1999164019.262.88$3,159
Jul 1999165017.892.37$2,952
Jun 1999167015.942.36$2,662
May 1999174015.792.32$2,747
Apr 1999165015.102.21$2,492
Mar 1999167012.471.84$2,082
Feb 199916209.981.82$1,617
Jan 1999164010.381.90$1,702
Dec 199816409.201.77$1,509
Nov 1998163010.892.19$1,775
Oct 1998166012.421.97$2,062
Sep 1998165012.592.08$2,077
Aug 199855011.301.91$622
Jul 1998164011.742.24$1,925
Jun 1998166011.242.24$1,866
May 1998172012.622.21$2,171
Apr 1998170013.042.51$2,217
Mar 1998166012.802.31$2,125
Feb 1998170013.952.30$2,372
Jan 1998170014.702.15$2,499
Dec 1997166016.322.41$2,709
Nov 1997166018.193.09$3,020
Oct 1997166019.253.15$3,196
Sep 1997287017.742.95$5,091
Aug 19970017.862.55$0
Jul 1997324017.582.25$5,696
Jun 19970017.242.26$0
May 1997341018.972.31$6,469
Apr 19970017.882.08$0
Mar 1997164118.951.94$3,110
Feb 1997163120.492.21$3,342
Jan 1997154023.483.54$3,616
Dec 1996163023.32$3,801
Nov 1996172121.97$3,779
Oct 1996166123.31$3,869
Sep 1996163122.22$3,622
Aug 1996161120.26$3,262
Jul 19960119.55$0
Jun 1996331118.73$6,200
May 19960119.43$0
Apr 1996178121.51$3,829
Mar 1996192119.38$3,721
Feb 1996186116.98$3,158
Jan 1996178117.07$3,038
Dec 1995187017.19$3,215
Nov 1995174016.00$2,784
Oct 1995188015.43$2,901
Sep 19950016.18$0
Aug 1995185015.92$2,945
Jul 1995183015.24$2,789
Jun 1995182016.41$2,987
May 1995180017.56$3,161
Apr 1995186017.73$3,298
Mar 19950016.44$0
Feb 1995170016.58$2,819
Jan 1995180015.92$2,866
Dec 1994179015.03$2,690
Nov 1994184015.90$2,926
Oct 1994181015.58$2,820
Sep 1994184115.29$2,813
Aug 1994189116.13$3,049
Jul 1994188117.56$3,301
Jun 1994189117.09$3,230
May 1994186115.88$2,954
Apr 1994213114.14$3,012
Mar 1994210112.46$2,617
Feb 1994176112.50$2,200
Jan 1994178112.66$2,253
Dec 1993175112.33$2,158
Nov 19930114.49$0
Oct 1993179115.85$2,837
Sep 1993179115.03$2,690
Aug 1993177115.66$2,772
Jul 1993176115.46$2,721
Jun 1993179116.79$3,005
May 1993319117.68$5,640
Apr 1993178118.05$3,213
Mar 1993177118.14$3,211
Feb 19930117.90$0
Jan 1993177116.93$2,997

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 2026 — as filed, then multipliedworked
Oil                  141 bbl  × $ 98.93 =    $13,949
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $13,949

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. 8A/O/62379 is the state's own key, not one this site invented.