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Texas gas well

Producing

PHILLIPS "1229"

Phillips "1229" is a gas well in Irion County, Texas, operated by Toc Energy Resources, LLC in the Velrex (Henderson Upper) field.

1 well

2,499mcf gas, last 12 months−18% vs prior year
Operator
Toc Energy Resources, LLC
County
Irion County
Field
Velrex (Henderson Upper)
RRC lease
7C-139132

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Where it sits

This county

Irion CountyIrionTom GreenSchleicherSterlingGlasscockReaganCokeIrion County
Irion County
Oil, last 12 months
94 bbl
Gas in Jul 2026
196 mcf

Production by month

Gas output fell 18% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 18% over the last 12 monthsMonthly gas production and oil for PHILLIPS "1229", Aug 2023 to Jul 2026. Gas output fell 18% over the last 12 months. 2,499 mcf in the 12 months through Jul 2026, against 3,049 mcf in the 12 months before.Last 12 months: 2,499 mcfmcf per monthbbl per month00200104002060030800401,00050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 18% over the last 12 monthsMonthly gas production and oil for PHILLIPS "1229", Aug 2023 to Jul 2026. Gas output fell 18% over the last 12 months. 2,499 mcf in the 12 months through Jul 2026, against 3,049 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00200104002060030800401,00050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of PHILLIPS "1229" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of PHILLIPS "1229" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PHILLIPS "1229"
API numberWell no.Status
42-235-329881Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers100Dec 1, 2022–
Targa Midstream Services LLCGas-well gasBuys100Nov 1, 2014–
Targa Midstream Services LLCGas-well gasGathers100Oct 1, 2011–
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Nov 1, 2015Dec 1, 2022

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

Who buys my oilOil price check

640 acres on the newest permit

Check your decimal on this lease
Permits for Phillips "1229"
API numberWell no.Acreson the permit
42-235-329881640

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

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36 months, newest first

Ledger for PHILLIPS "1229"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026001961960$80.46$2.89
Jun 202600220$84.81$3.15
May 202600770$102.13$2.94
Apr 202600330$100.32$2.77
Mar 202600000$91.38$3.04
Feb 2026002662660$64.51$3.62
Jan 2026104344340$60.04$7.72
Dec 20251905605600$57.97$4.26
Nov 2025130000$60.06$3.79
Oct 20251515043430$60.89$3.19
Sep 20254608458450$63.96$2.97
Aug 2025001431430$64.86$2.91
Jul 2025001871870$68.39$3.20
Jun 2025001441440$68.17$3.02
May 2025003463460$62.17$3.12
Apr 202500000$63.54$3.42
Mar 2025001111110$68.24$4.12
Feb 2025002782780$71.53$4.19
Jan 2025003003000$75.74$4.13
Dec 2024002972970$70.12$3.01
Nov 202410000$69.95$2.12
Oct 2024704844840$71.99$2.20
Sep 20241202882880$70.24$2.28
Aug 20241906146140$76.68$1.99
Jul 20241406356350$81.80$2.07
Jun 20241806336330$79.77$2.54
May 20241906686680$80.02$2.12
Apr 20241406596590$85.35$1.60
Mar 2024281756596590$81.28$1.49
Feb 20242106346340$77.25$1.72
Jan 20242207237230$74.15$3.18
Dec 20232607707700$71.90$2.52
Nov 20232407797790$77.69$2.71
Oct 20232308148140$85.64$2.98
Sep 20232108048040$89.43$2.64
Aug 2023141567177170$81.39$2.58

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

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This lease belongs to

OperatorToc Energy Resources, LLCFieldVelrex (Henderson Upper)CountyIrion County

Toc Energy Resources, LLC in Irion County

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Velrex (Henderson Upper) field

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