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Texas oil lease

Producing

PHIPPS "240"

Phipps "240" is an oil lease in Dawson County, Texas, operated by Griffin Petroleum Company in the Welch field.

1 well

1,248bbl oil, last 12 months−7% vs prior year
Operator
Griffin Petroleum Company
County
Dawson County
Field
Welch
RRC lease
8A-62379

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Where it sits

This county

Dawson CountyDawsonGainesLynnGarzaAndrewsTerryBordenDawson County
Dawson County
Oil in Jul 2026
114 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production for PHIPPS "240", Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 1,248 bbl in the 12 months through Jul 2026, against 1,349 bbl in the 12 months before.Last 12 months: 1,248 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production for PHIPPS "240", Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 1,248 bbl in the 12 months through Jul 2026, against 1,349 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on PHIPPS "240"
API numberWell no.Status
42-115-312531Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Redbud Energy Marketing LLCOilGathers100Sep 1, 2026–
Hollyfrontier Ref & Mktg LLCOilGathers100Sep 1, 2011Sep 1, 2026

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

240 acres on the newest permit

Permits for Phipps "240"
API numberWell no.Acreson the permit
42-115-312531240

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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36 months, newest first

Ledger for PHIPPS "240"
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026114180$80.46$2.89
Jun 2026550$84.81$3.15
May 202682159$102.13$2.94
Apr 2026113141$100.32$2.77
Mar 20261320$91.38$3.04
Feb 2026106176$64.51$3.62
Jan 2026790$60.04$7.72
Dec 202587148$57.97$4.26
Nov 2025111186$60.06$3.79
Oct 20251130$60.89$3.19
Sep 2025124171$63.96$2.97
Aug 2025132171$64.86$2.91
Jul 20251110$68.39$3.20
Jun 2025126187$68.17$3.02
May 2025105189$62.17$3.12
Apr 20251200$63.54$3.42
Mar 202599189$68.24$4.12
Feb 2025930$71.53$4.19
Jan 202584180$75.74$4.13
Dec 2024139168$70.12$3.01
Nov 20241040$69.95$2.12
Oct 2024164139$71.99$2.20
Sep 2024103180$70.24$2.28
Aug 2024101151$76.68$1.99
Jul 2024820$81.80$2.07
Jun 202492167$79.77$2.54
May 2024137184$80.02$2.12
Apr 20241590$85.35$1.60
Mar 2024148165$81.28$1.49
Feb 2024114161$77.25$1.72
Jan 2024137160$74.15$3.18
Dec 2023136133$71.90$2.52
Nov 2023133184$77.69$2.71
Oct 20231230$85.64$2.98
Sep 2023149175$89.43$2.64
Aug 2023600$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorGriffin Petroleum CompanyFieldWelchCountyDawson County

Griffin Petroleum Company in Dawson County

No other producing leases from this operator in this county are in our data yet.

Welch field

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