PLEASANT COLONY 25 UNIT

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

Gas lease lease 276022District 08Field 24366100CondensateGasSaveExport
Value, all time
$14.4 M
Jun 2014 – May 2026
Value, last 12 filed months
$234 k
at the published price for each month
Months reported
144
no gaps in the span
Streams
2
condensate, gas

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 71 leases and 77 wells, and the rule below applies to all of them.

Discovered
2013-03-26
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 2025-02-19.

The Commission's schedule remark for this field reads: TEMPORARY RULES ADOPTED IN FINAL ORDER 08-0282091 EFFECTIVE AUG

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
CondensateDisposition165,908 bbl$10,349,826
GasProduction1,236,390 Mcf$4,028,271
Total$14,378,096

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 31.9258, -104.2152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92577, -104.21525 · 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
7,360 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 7,360 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-109325431H7,360 ftJun 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 (144)

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

144 months

May 202600106.413.05$0
Apr 202681,82998.932.87$6,040
Mar 202683089.753.15$7,449
Feb 20266728663.503.75$5,327
Jan 202622351559.138.00$17,305
Dec 20253603,78656.664.41$37,107
Nov 20253913,33658.593.93$36,007
Oct 20252713,75559.383.30$28,502
Sep 20251683,24162.743.08$20,513
Aug 20253403,39963.933.01$31,983
Jul 20252013,29466.743.32$24,335
Jun 20251652,72366.483.13$19,489
May 20253604,13360.553.23$35,157
Apr 20253104,40462.363.54$34,936
Mar 20254114,73767.704.27$48,044
Feb 20254354,15170.884.34$48,852
Jan 20254234,66874.324.28$51,410
Dec 20245485,82768.993.12$55,995
Nov 20245124,60269.052.20$45,471
Oct 20245585,50371.372.28$52,379
Sep 20244795,28269.612.36$45,832
Aug 20245395,30975.632.06$51,720
Jul 20245235,23779.932.15$53,045
Jun 20244254,98778.082.63$46,320
May 20245085,32378.812.20$51,738
Apr 20245135,36184.451.66$52,218
Mar 20245385,74380.301.55$52,075
Feb 20245995,44376.091.78$55,286
Jan 20245665,44273.023.30$59,275
Dec 20235965,59471.262.61$57,075
Nov 20235685,39177.892.81$59,377
Oct 20235925,66285.443.09$68,061
Sep 20235385,42689.042.74$62,744
Aug 20236625,32880.522.67$67,545
Jul 20235895,60474.852.64$58,891
Jun 20236135,46368.962.26$54,611
May 20236175,65870.622.23$56,175
Apr 20237315,38278.122.24$69,149
Mar 20237175,53072.852.39$65,468
Feb 20235894,69175.112.47$55,806
Jan 20236004,90476.533.39$62,531
Dec 20227655,15676.415.73$87,993
Nov 20225944,77285.005.65$77,434
Oct 20225064,87287.185.86$72,681
Sep 20225885,04784.888.16$91,112
Aug 20226465,11294.529.13$107,718
Jul 20225344,621101.587.54$89,096
Jun 20226114,283115.097.98$104,486
May 20226185,552109.378.43$114,411
Apr 20225255,098104.226.84$89,574
Mar 20227705,856108.885.08$113,565
Feb 20225775,03091.054.86$76,976
Jan 20227805,99681.844.54$91,043
Dec 20219466,22771.323.90$91,749
Nov 20218055,70377.435.24$92,197
Oct 20215575,26579.795.71$74,527
Sep 20216775,13269.865.35$74,756
Aug 20216345,75866.024.22$66,159
Jul 20215015,60370.783.98$57,772
Jun 20214995,41269.493.38$52,971
May 20215455,60663.483.02$51,514
Apr 20216135,39360.362.76$51,877
Mar 20219035,94661.302.72$71,509
Feb 20212734,93457.805.55$43,153
Jan 20216906,51650.412.81$53,095
Dec 20207366,56844.642.68$50,427
Nov 20206196,20938.772.71$40,804
Oct 20206306,57236.972.48$39,579
Sep 20207326,50237.091.99$40,096
Aug 20206746,78539.982.39$43,129
Jul 20207886,79738.371.83$42,641
Jun 20207136,51434.901.69$35,894
May 20207796,83216.921.81$25,579
Apr 20208126,80514.751.80$24,256
Mar 20207676,32530.341.86$35,011
Feb 20207116,08649.881.98$47,519
Jan 20208966,27257.252.09$64,434
Dec 20198666,86159.012.30$66,913
Nov 20199337,28855.302.75$71,642
Oct 20197185,87453.472.42$52,598
Sep 20196816,46055.052.66$54,655
Aug 20197796,84153.112.30$57,137
Jul 20197886,78356.272.46$61,027
Jun 20197866,77352.782.49$58,358
May 20198327,01358.482.74$67,873
Apr 20196596,75362.632.75$59,849
Mar 20199958,00756.803.06$81,034
Feb 20199257,15150.852.79$67,003
Jan 20198547,47146.033.23$63,427
Dec 20189097,38446.594.19$73,256
Nov 20186836,30852.934.24$62,880
Oct 20189488,05761.443.40$85,623
Sep 20181,0218,17159.543.11$86,186
Aug 20187968,59359.403.07$73,633
Jul 20188848,27865.142.93$81,854
Jun 20181,0368,75060.183.08$89,270
May 20188007,29965.382.90$73,477
Apr 20189718,20363.842.90$85,784
Mar 20181,0888,23461.222.79$89,554
Feb 20189827,55361.782.77$81,560
Jan 20181,0038,37162.874.01$96,621
Dec 20171,0808,62057.272.92$87,035
Nov 20171,0908,46755.423.12$86,811
Oct 20171,1279,55449.292.98$84,056
Sep 20171,2319,94647.523.09$89,203
Aug 20171,13510,19045.373.00$82,110
Jul 20171,1169,92443.873.09$79,597
Jun 20171,3039,96342.493.09$86,123
May 20171,30310,60145.373.26$93,712
Apr 20171,26010,48347.933.21$94,059
Mar 20171,28711,52746.772.98$94,586
Feb 20171,1909,63150.452.95$88,472
Jan 20171,46310,55349.413.42$108,365
Dec 20161,57510,44448.763.72$115,678
Nov 20161,51710,25542.492.64$91,575
Oct 20161,3819,08146.193.09$91,851
Sep 20161,2159,04441.553.10$78,525
Aug 201699,70841.442.92$28,762
Jul 20161,36410,53041.622.92$87,563
Jun 20161,30110,81745.352.69$88,053
May 20161,53612,58842.521.99$90,374
Apr 20161,60113,63736.561.99$85,684
Mar 20161,64014,06533.011.79$79,369
Feb 20161,63513,10526.472.06$70,322
Jan 20162,27914,41927.352.36$96,422
Dec 20151,55811,78032.362.00$73,993
Nov 20151,77613,98238.792.17$99,195
Oct 20151,95814,82843.552.43$121,252
Sep 20152,05115,65742.992.76$131,361
Aug 20152,19816,12240.162.87$134,582
Jul 20152,27915,52948.152.95$155,468
Jun 20152,33715,59156.152.88$176,169
May 20152,98117,27255.212.96$215,628
Apr 20153,52317,52249.822.71$222,940
Mar 20152,23914,98242.892.93$139,999
Feb 20152,45210,62644.662.98$141,131
Jan 20153,22821,46743.433.10$206,753
Dec 20144,24023,88154.693.59$317,651
Nov 20143,70125,45670.464.25$369,007
Oct 20146,39935,88978.303.90$641,043
Sep 20145,78341,86586.164.05$667,626
Aug 20149,82657,63189.394.04$1,110,894
Jul 201412,82946,55996.564.18$1,433,366
Jun 2014251798.164.74$2,535

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.

Apr 2026 — as filed, then multipliedworked
Condensate             8 bbl  × $ 98.93 =       $791
Gas                1,829 Mcf  × $  2.87 =     $5,249

────────────────────────────────────────────────────
Month total                                   $6,040

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/276022 is the state's own key, not one this site invented.