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No report in 6+ months

IP FARMS (M)

Ip Farms (M) is an oil lease in Brazoria County, Texas, operated by Elliott Oil & Gas Operating Co. in the Chocolate Bayou ( Frio Upper) field.

1 well

21bbl oil, last 12 months+17% vs prior year
Operator
Elliott Oil & Gas Operating Co.
County
Brazoria County
Field
Chocolate Bayou ( Frio Upper)
RRC lease
03-27743

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Where it sits

This county

Brazoria CountyBrazoriaMatagordaGalvestonFort BendBrazoria County
Brazoria County
Gas, last 12 months
102 mcf
Oil in Jul 2024
2 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 17% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 17% over the last 12 monthsMonthly oil production and gas for IP FARMS (M), Aug 2021 to Jul 2024. Oil output rose 17% over the last 12 months. 21 bbl in the 12 months through Jul 2024, against 18 bbl in the 12 months before.Last 12 months: 21 bblbbl per monthmcf per month00150210031504200Oct 21Jan 22AprJulOctJan 23AprJulOctJan 24AprJul
Oil output rose 17% over the last 12 monthsMonthly oil production and gas for IP FARMS (M), Aug 2021 to Jul 2024. Oil output rose 17% over the last 12 months. 21 bbl in the 12 months through Jul 2024, against 18 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00150210031504200Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the 11 months reported

All of the gas went to a transmission line in the 11 months reportedShare of IP FARMS (M) gas by disposition code each month, Aug 2021 to Jul 2024. All of the gas went to a transmission line in the 11 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 21Jan 22AprJulOctJan 23AprJulOctJan 24AprJul
All of the gas went to a transmission line in the 11 months reportedShare of IP FARMS (M) gas by disposition code each month, Aug 2021 to Jul 2024. All of the gas went to a transmission line in the 11 months reported.Share of gas by disposition code0%50%100%Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on IP FARMS (M)
API numberWell no.Status
42-039-324773Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ace Gathering, Inc.OilGathers100Dec 16, 2020–
Kinder Morgan Tejas Pipeline LLCCasinghead gasGathers100Dec 14, 2020Dec 16, 2020
Kinder Morgan Tejas Pipeline LLCCasinghead gasBuys100May 20, 2020Dec 16, 2020
Ace Gathering, Inc.OilGathers50Dec 14, 2020Dec 16, 2020
Plains Marketing, L.p.OilGathers50May 20, 2020Dec 16, 2020
Elliott Oil & Gas Operating Co.Casinghead gasGathers100May 20, 2020Dec 14, 2020
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25May 20, 2020Dec 14, 2020

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

Who buys my oilOil price check

40 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Ip Farms (M)
API numberWell no.Acreson the permit
42-039-32477340

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for IP FARMS (M)
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202420000$81.80$2.07
Jun 202420000$79.77$2.54
May 202420000$80.02$2.12
Apr 202410000$85.35$1.60
Mar 202410000$81.28$1.49
Feb 202430000$77.25$1.72
Jan 202410000$74.15$3.18
Dec 202330000$71.90$2.52
Nov 202320000$77.69$2.71
Oct 202310000$85.64$2.98
Sep 202320000$89.43$2.64
Aug 2023101021020$81.39$2.58
Jul 20231054540$76.07$2.55
Jun 20231077770$70.25$2.18
May 20231086860$71.58$2.15
Apr 2023101371370$79.45$2.16
Mar 2023201551550$73.28$2.31
Feb 20232095950$76.83$2.38
Jan 20231061610$78.12$3.27
Dec 20222067670$76.44$5.53
Nov 20222014140$84.37$5.45
Oct 20222020200$87.55$5.66
Sep 202210000$84.26$7.88
Aug 202220000$93.67$8.81
Jul 202210000$101.62$7.28
Jun 202220000$114.84$7.70
May 202220000$109.55$8.14
Apr 202210000$101.78$6.60
Mar 202220000$108.50$4.90
Feb 202220000$91.64$4.69
Jan 202210000$83.22$4.38
Dec 202120000$71.71$3.76
Nov 202120000$79.15$5.05
Oct 202110000$81.48$5.51
Sep 202120000$71.65$5.16
Aug 202120000$67.73$4.07

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorElliott Oil & Gas Operating Co.FieldChocolate Bayou ( Frio Upper)CountyBrazoria County

Elliott Oil & Gas Operating Co. in Brazoria County

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Chocolate Bayou ( Frio Upper) field

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