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VAGRANT 38 FEE UNIT

Operated by COTERRA ENERGY OPERATING CO. (P-5 103285) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273294District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.0 M
Oct 2013 – May 2026
Value, last 12 filed months
$579 k
at the published price for each month
Months reported
152
no gaps in the span
Streams
2
condensate, gas

The FORD, WEST (WOLFCAMP) field

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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
as the register files it
Field class
Oil and gas
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 80 acres. The field rule took effect on 2018-06-05.

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: “DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112017-02-23219242
NGPA1none——

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition186,891 bbl$13,444,508
GasProduction3,234,505 Mcf$11,600,916
Total$25,045,424

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 31.9075, -104.1426. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90750, -104.14263 · 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
10,021 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 10,021 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-109325721H10,021 ftOct 2013——

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 (152)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

152 months

May 20262829,862106.413.05$60,046
Apr 202625510,23798.932.87$54,604
Mar 20262984,08489.753.15$39,608
Feb 20262508,63563.503.75$48,259
Jan 20262558,55359.138.00$83,484
Dec 20252908,16856.664.41$52,480
Nov 20254438,50058.593.93$59,330
Oct 202524810,87659.383.30$50,670
Sep 20251884,42162.743.08$25,398
Aug 20252459,50063.933.01$44,303
Jul 202505,16066.743.32$17,106
Jun 20252867,81166.483.13$43,452
May 202529811,21860.553.23$54,304
Apr 202533210,63162.363.54$58,370
Mar 202533411,81967.704.27$73,059
Feb 202525510,32770.884.34$62,902
Jan 202537610,85074.324.28$74,368
Dec 202428010,93068.993.12$53,434
Nov 202435712,38869.052.20$51,885
Oct 202435212,51671.372.28$53,676
Sep 20243118,99369.612.36$42,911
Aug 202441211,78975.632.06$55,488
Jul 202432111,19679.932.15$49,691
Jun 202442510,46878.082.63$60,757
May 2024224078.812.20$17,653
Apr 2024170084.451.66$14,357
Mar 20242483,47880.301.55$25,288
Feb 202420410,67776.091.78$34,566
Jan 202426013,42973.023.30$63,269
Dec 202325811,72671.262.61$48,998
Nov 202326511,06877.892.81$51,715
Oct 202329611,40385.443.09$60,494
Sep 202329415,35989.042.74$68,185
Aug 202311259380.522.67$10,603
Jul 20231759,36374.852.64$37,834
Jun 20232142,64068.962.26$20,720
May 20231906,44370.622.23$27,769
Apr 202325010,22178.122.24$42,402
Mar 202329411,81272.852.39$49,686
Feb 202322811,06475.112.47$44,405
Jan 202324612,41976.533.39$60,898
Dec 202245311,03076.415.73$97,805
Nov 202228010,48185.005.65$82,978
Oct 202245910,39287.185.86$100,952
Sep 20224077,72084.888.16$97,570
Aug 202252610,90494.529.13$149,240
Jul 202249311,045101.587.54$133,381
Jun 202284510,684115.097.98$182,479
May 202274411,489109.378.43$178,258
Apr 202270610,032104.226.84$142,174
Mar 202258311,565108.885.08$122,186
Feb 20224829,77691.054.86$91,386
Jan 202250411,73781.844.54$94,506
Dec 202159611,42671.323.90$87,058
Nov 202148810,91077.435.24$94,920
Oct 202159311,80879.795.71$114,785
Sep 202150311,71169.865.35$97,804
Aug 202152112,04266.024.22$85,221
Jul 202162313,12870.783.98$96,373
Jun 202162012,37669.493.38$84,922
May 202161113,10663.483.02$78,336
Apr 202164512,99160.362.76$74,767
Mar 202147313,43861.302.72$65,505
Feb 202136210,25157.805.55$77,796
Jan 202144314,08250.412.81$61,906
Dec 202057514,31544.642.68$63,967
Nov 202067914,08438.772.71$64,444
Oct 202086614,22636.972.48$67,274
Sep 20201,0958,52537.091.99$57,587
Aug 20201,01514,00639.982.39$73,985
Jul 202090916,00038.371.83$64,080
Jun 202053625,53534.901.69$61,868
May 20200016.921.81$0
Apr 202098014.751.80$1,446
Mar 202055112,51230.341.86$39,942
Feb 202056314,41949.881.98$56,642
Jan 202058715,50657.252.09$66,087
Dec 201970814,89959.012.30$76,112
Nov 201965513,97155.302.75$74,652
Oct 201952215,52453.472.42$65,457
Sep 201960114,75055.052.66$72,280
Aug 201968423,78053.112.30$91,125
Jul 201956515,98456.272.46$71,114
Jun 201949915,50652.782.49$64,966
May 201963316,67458.482.74$82,710
Apr 201959416,17762.632.75$81,700
Mar 201976817,05356.803.06$95,840
Feb 201952216,10250.852.79$71,504
Jan 201965516,52146.033.23$83,482
Dec 201864416,71046.594.19$99,943
Nov 201842515,48552.934.24$88,109
Oct 201877018,01161.443.40$108,512
Sep 201856218,46559.543.11$90,851
Aug 201867518,66159.403.07$97,320
Jul 201874519,02665.142.93$104,311
Jun 201871617,82460.183.08$97,932
May 201873518,77565.382.90$102,517
Apr 201872719,21863.842.90$102,159
Mar 201880120,66861.222.79$106,636
Feb 201877519,04861.782.77$100,569
Jan 201888620,61662.874.01$138,359
Dec 201787021,40757.272.92$112,366
Nov 201787721,03155.423.12$114,186
Oct 20171,01820,27349.292.98$110,665
Sep 201796420,38847.523.09$108,753
Aug 201786721,69245.373.00$104,507
Jul 201798721,66643.873.09$110,189
Jun 20171,00221,53642.493.09$109,063
May 201799425,59945.373.26$128,638
Apr 201772622,27547.933.21$106,336
Mar 20171,02923,34746.772.98$117,786
Feb 201789319,88250.452.95$103,755
Jan 201780722,62349.413.42$117,217
Dec 20161,06722,79248.763.72$136,878
Nov 20161,25121,77742.492.64$110,741
Oct 20161,40025,68146.193.09$144,027
Sep 201667817,20241.553.10$81,508
Aug 201683118,52241.442.92$88,601
Jul 20161,20327,76841.622.92$131,272
Jun 20161,09328,27745.352.69$125,515
May 20161,25830,18442.521.99$113,588
Apr 20161,52930,88936.561.99$117,401
Mar 20161,28733,61733.011.79$102,793
Feb 20161,71933,19126.472.06$113,996
Jan 20161,76932,29127.352.36$124,730
Dec 20151,40729,34032.362.00$104,252
Nov 20151,70228,92138.792.17$128,702
Oct 20151,81331,46643.552.43$155,311
Sep 20151,83935,82342.992.76$177,873
Aug 20151,83632,94040.162.87$168,354
Jul 20151,66131,99248.152.95$174,196
Jun 20151,99835,16256.152.88$213,555
May 20152,13135,06555.212.96$221,285
Apr 20151,98431,65549.822.71$184,519
Mar 20151,70934,04242.892.93$173,202
Feb 20152,39135,20444.662.98$211,556
Jan 20152,54141,15743.433.10$237,968
Dec 20142,67042,36154.693.59$298,156
Nov 20142,91244,09070.464.25$392,643
Oct 20144,37452,53778.303.90$547,429
Sep 20143,72946,85686.164.05$510,844
Aug 20144,01250,92889.394.04$564,133
Jul 20144,16556,10096.564.18$636,648
Jun 20144,74861,39898.164.74$756,899
May 20145,82970,24894.734.73$884,213
Apr 20147,26883,83395.944.81$1,100,455
Mar 20146,42776,47595.895.06$1,003,004
Feb 201411,091109,70597.406.19$1,759,557
Jan 201411,460113,77990.404.86$1,589,032
Dec 201313,378118,19391.824.35$1,743,037
Nov 20138,372107,99588.853.74$1,147,568
Oct 20133397.423.78$304

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.

May 2026 — as filed, then multipliedworked
Condensate           282 bbl  × $106.41 =    $30,008
Gas                9,862 Mcf  × $  3.05 =    $30,038

────────────────────────────────────────────────────
Month total                                  $60,046

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. 08/G/273294 is the state's own key, not one this site invented.