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Texas oil lease

Producing

SIPES, ETAL

Sipes, ETAL is an oil lease in Wise County, Texas, operated by Itx Pipeline Company, LLC in the Chico, West (Caddo Congl. Upper) field.

2 wells

12bbl oil, last 12 months+200% vs prior year
Operator
Itx Pipeline Company, LLC
County
Wise County
Field
Chico, West (Caddo Congl. Upper)
RRC lease
09-08527

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County
Gas, last 12 months
441 mcf
Oil in Jul 2026
1 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Itx Pipeline Company, LLC took over from K-B Oil Company, LLC in May 2025.

  • P-5

    The previous operator's P-5 registration is listed as delinquent (last P-5 filed Mar 20, 2025).

  • 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 200% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 200% over the last 12 monthsMonthly oil production and gas for SIPES, ETAL, Aug 2023 to Jul 2026. Oil output rose 200% over the last 12 months. 12 bbl in the 12 months through Jul 2026, against 4 bbl in the 12 months before.Last 12 months: 12 bblbbl per monthmcf per month00020140160180Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 200% over the last 12 monthsMonthly oil production and gas for SIPES, ETAL, Aug 2023 to Jul 2026. Oil output rose 200% over the last 12 months. 12 bbl in the 12 months through Jul 2026, against 4 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00020140160180Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2025 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
Since May 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of SIPES, ETAL gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%May 2025: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of SIPES, ETAL gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%May 25: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in May 2025

Operators of this lease over timeK-B Oil Company, LLC, Jan 2020 to Apr 2025; Itx Pipeline Company, LLC, May 2025 to Jul 20262020202120222023202420252026Changed May 2025K-B Oil Company, LLCJan 2020 to Apr 2025Itx Pipeline Company, LLCMay 2025 to now
Operators of this lease over timeK-B Oil Company, LLC, Jan 2020 to Apr 2025; Itx Pipeline Company, LLC, May 2025 to Jul 20262020202120222023202420252026Changed May 2025K-B Oil Company, LLCJan 2020 to Apr 2025Itx Pipeline Company, LLCMay 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on SIPES, ETAL
API numberWell no.Status
42-497-015692 TActive
42-497-810501Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100May 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100May 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100May 1, 2019–
Targa Midstream Services LLCCasinghead gasBuys100May 1, 2019May 1, 2025
Transoil Marketing, LLCOilGathers100Jun 1, 2018May 1, 2025

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

Who buys my oilOil price check

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Sipes, ETAL
API numberWell no.Acreson the permit
42-497-015692 T–
42-497-810501–

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

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36 months, newest first

Ledger for SIPES, ETAL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Itx Pipeline1028280$80.46$2.89
Jun 2026Itx Pipeline1016160$84.81$3.15
May 2026Itx Pipeline1040400$102.13$2.94
Apr 2026Itx Pipeline1076760$100.32$2.77
Mar 2026Itx Pipeline1074740$91.38$3.04
Feb 2026Itx Pipeline1064640$64.51$3.62
Jan 2026Itx Pipeline1019190$60.04$7.72
Dec 2025Itx Pipeline10770$57.97$4.26
Nov 2025Itx Pipeline1012120$60.06$3.79
Oct 2025Itx Pipeline1029290$60.89$3.19
Sep 2025Itx Pipeline1039390$63.96$2.97
Aug 2025Itx Pipeline1037370$64.86$2.91
Jul 2025Itx Pipeline1036360$68.39$3.20
Jun 2025Itx Pipeline1027270$68.17$3.02
May 2025Itx Pipeline17110100$62.17$3.12
Apr 2025K-B Oil00770$63.54$3.42
Mar 2025K-B Oil00000$68.24$4.12
Feb 2025K-B Oil00000$71.53$4.19
Jan 2025K-B Oil00000$75.74$4.13
Dec 2024K-B Oil00000$70.12$3.01
Nov 2024K-B Oil00000$69.95$2.12
Oct 2024K-B Oil015015150$71.99$2.20
Sep 2024K-B Oil1016160$70.24$2.28
Aug 2024K-B Oil0022220$76.68$1.99
Jul 2024K-B Oil0037370$81.80$2.07
Jun 2024K-B Oil0051510$79.77$2.54
May 2024K-B Oil1049490$80.02$2.12
Apr 2024K-B Oil0047470$85.35$1.60
Mar 2024K-B Oil0033330$81.28$1.49
Feb 2024K-B Oil0019190$77.25$1.72
Jan 2024K-B Oil0020200$74.15$3.18
Dec 2023K-B Oil0040400$71.90$2.52
Nov 2023K-B Oil1025250$77.69$2.71
Oct 2023K-B Oil1049490$85.64$2.98
Sep 2023K-B Oil0065650$89.43$2.64
Aug 2023K-B Oil1048480$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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Nearby

This lease belongs to

OperatorItx Pipeline Company, LLCFieldChico, West (Caddo Congl. Upper)CountyWise County

Itx Pipeline Company, LLC in Wise County

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Chico, West (Caddo Congl. Upper) field

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