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GALLANT FOX 37 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 273524District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$50.5 M
Feb 2014 – May 2026
Value, last 12 filed months
$716 k
at the published price for each month
Months reported
148
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 Gas112016-12-20219064
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
CondensateDisposition407,229 bbl$26,156,725
GasProduction7,006,173 Mcf$24,318,124
Total$50,474,849

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 31.9229, -104.1167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92285, -104.11666 · 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
10,296 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 10,296 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-109326201H10,296 ftFeb 2014——

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 (148)

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

148 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026184063.503.75$11,684
Jan 202680717,52759.138.00$187,897
Dec 202576618,07856.664.41$123,186
Nov 202558916,65358.593.93$99,897
Oct 20257579,18159.383.30$75,292
Sep 202557214,58762.743.08$80,770
Aug 202518412,47563.933.01$49,372
Jul 202531913,33666.743.32$65,502
Jun 2025335066.483.13$22,271
May 2025216060.553.23$13,079
Apr 2025533062.363.54$33,238
Mar 2025518067.704.27$35,069
Feb 20254132,51270.884.34$40,178
Jan 2025533074.324.28$39,613
Dec 2024649068.993.12$44,775
Nov 202451873869.052.20$37,390
Oct 2024246071.372.28$17,557
Sep 202477794369.612.36$56,317
Aug 20247812,66775.632.06$64,571
Jul 20243297,54579.932.15$42,493
Jun 20245187,21178.082.63$59,439
May 20247368,64078.812.20$76,999
Apr 202457110,08584.451.66$64,954
Mar 202467012,50680.301.55$73,124
Feb 202463412,23676.091.78$70,066
Jan 202479118,01773.023.30$117,173
Dec 202369617,99771.262.61$96,582
Nov 202389617,08477.892.81$117,754
Oct 202352418,74785.443.09$102,648
Sep 202375017,98389.042.74$115,964
Aug 202356216,80780.522.67$90,175
Jul 202364819,82674.852.64$100,879
Jun 202367519,32268.962.26$90,186
May 202373920,81770.622.23$98,556
Apr 202370620,36378.122.24$100,720
Mar 202381121,11672.852.39$109,615
Feb 202389019,46375.112.47$114,837
Jan 202384921,70776.533.39$138,511
Dec 202281419,47276.415.73$173,754
Nov 202268618,20785.005.65$161,110
Oct 202274420,41987.185.86$184,594
Sep 202266220,36184.888.16$222,411
Aug 202285922,20394.529.13$283,843
Jul 202285223,455101.587.54$263,446
Jun 202291719,533115.097.98$261,356
May 20221,01119,210109.378.43$272,572
Apr 202298720,588104.226.84$243,638
Mar 20221,22824,879108.885.08$260,000
Feb 202299223,59191.054.86$204,946
Jan 202254722,86181.844.54$148,502
Dec 20210071.323.90$0
Nov 202170414,58577.435.24$130,890
Oct 20211,18823,86779.795.71$231,163
Sep 202196323,91469.865.35$195,237
Aug 20211,00324,59766.024.22$170,032
Jul 20211,14925,63270.783.98$183,395
Jun 202192823,50769.493.38$143,955
May 20211,10125,55563.483.02$147,008
Apr 20211,15825,25060.362.76$139,547
Mar 20211,12627,19961.302.72$142,922
Feb 202195923,24757.805.55$184,403
Jan 20211,19628,78050.412.81$141,170
Dec 20201,41429,26944.642.68$141,429
Nov 202093325,85838.772.71$106,159
Oct 20201,02528,73236.972.48$109,105
Sep 20201,23028,49837.091.99$102,361
Aug 20201,17827,49439.982.39$112,672
Jul 202070328,21738.371.83$78,474
Jun 202095526,79034.901.69$78,613
May 202090429,25116.921.81$68,379
Apr 20201,00429,10914.751.80$67,333
Mar 20201,33030,85830.341.86$97,632
Feb 202098129,46049.881.98$107,283
Jan 20201,07931,45457.252.09$127,661
Dec 20191,24332,15659.012.30$147,448
Nov 201998231,96655.302.75$142,233
Oct 20191,07534,28453.472.42$140,397
Sep 20191,08034,49755.052.66$151,122
Aug 20191,11343,45153.112.30$159,238
Jul 201944619,43456.272.46$72,905
Jun 20191,29237,82352.782.49$162,416
May 20191,30739,39658.482.74$184,391
Apr 20191,14637,78862.632.75$175,717
Mar 20191,46840,69156.803.06$207,982
Feb 20191,28537,40950.852.79$169,796
Jan 20191,45040,55546.033.23$197,662
Dec 20181,36740,59446.594.19$233,592
Nov 20181,28035,52552.934.24$218,278
Oct 20181,21442,43761.443.40$218,792
Sep 20181,48443,54159.543.11$223,683
Aug 20181,47345,19259.403.07$226,080
Jul 20181,49444,89865.142.93$228,955
Jun 20181,41944,40260.183.08$222,017
May 20181,31844,21265.382.90$214,421
Apr 20181,48645,67563.842.90$227,360
Mar 20181,75448,62161.222.79$242,879
Feb 20181,36544,13161.782.77$206,401
Jan 20181,68348,19062.874.01$299,019
Dec 20171,71951,70957.272.92$249,516
Nov 20171,71849,98755.423.12$251,089
Oct 20171,78155,75249.292.98$254,132
Sep 20172,47657,00047.523.09$293,634
Aug 20172,08157,83745.373.00$268,180
Jul 20172,24762,08343.873.09$290,243
Jun 20172,52361,81342.493.09$298,036
May 20172,45466,23745.373.26$327,496
Apr 20172,52966,65847.933.21$335,294
Mar 20172,63771,35046.772.98$336,218
Feb 20172,36363,83750.452.95$307,698
Jan 20172,41774,80949.413.42$375,181
Dec 20163,43281,66748.763.72$471,377
Nov 20162,54269,71042.492.64$292,347
Oct 20162,65581,84846.193.09$375,566
Sep 20163,93566,15941.553.10$368,634
Aug 201647213,03141.442.92$57,667
Jul 20164,89982,31041.622.92$444,599
Jun 20165,14588,76245.352.69$471,725
May 20165,49683,24742.521.99$399,438
Apr 20165,93781,88036.561.99$380,083
Mar 20165,84279,35233.011.79$335,203
Feb 20166,01778,30026.472.06$320,852
Jan 20166,87789,97327.352.36$400,815
Dec 20155,87275,94532.362.00$342,015
Nov 20156,45782,50938.792.17$429,291
Oct 20156,79585,16243.552.43$502,575
Sep 20156,82485,49642.992.76$529,198
Aug 20157,03193,44240.162.87$550,776
Jul 20158,08599,62848.152.95$682,705
Jun 20158,662114,48256.152.88$816,407
May 201511,713134,35455.212.96$1,043,751
Apr 20159,157112,17149.822.71$759,800
Mar 20157,15499,61942.892.93$599,188
Feb 20157,06797,16044.662.98$604,779
Jan 20158,619115,61443.433.10$732,799
Dec 201410,602125,09154.693.59$1,029,070
Nov 201411,589140,02870.464.25$1,411,938
Oct 20148,925134,08578.303.90$1,221,888
Sep 20149,865131,21686.164.05$1,380,795
Aug 201411,402173,97589.394.04$1,721,235
Jul 201414,407202,34296.564.18$2,236,849
Jun 201413,905211,56398.164.74$2,367,063
May 201417,296222,37294.734.73$2,689,505
Apr 201420,049247,08395.944.81$3,111,753
Mar 201414,284186,13695.895.06$2,310,945
Feb 201412,849162,45097.406.19$2,257,383

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.

Feb 2026 — as filed, then multipliedworked
Condensate           184 bbl  × $ 63.50 =    $11,684
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $11,684

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/273524 is the state's own key, not one this site invented.