FERDINAND 27 UNIT

Operated by CIMAREX ENERGY CO. (P-5 153438) 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 277254District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.7 M
Nov 2014 – Nov 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
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 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 Gas112017-02-23219226
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
CondensateDisposition211,883 bbl$10,567,404
GasProduction2,682,900 Mcf$8,084,750
Total$18,652,154

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 31.9259, -104.1600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92588, -104.16004 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,823 ft
1 wells filed one
Completion to plug
10.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,823 ft.

Completions filed
Dec 2014
1 of 1 wells
Plug dates filed
Apr 2025
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-109326071H9,823 ftDec 2014Apr 2025Yes

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 (133)

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

133 months

Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023188078.122.24$14,687
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023049776.533.39$1,684
Dec 20223823,26176.415.73$47,871
Nov 20221911,66585.005.65$25,636
Oct 20221502,00587.185.86$24,834
Sep 2022189484.888.16$7,383
Aug 20225234,35694.529.13$89,192
Jul 202280612,050101.587.54$172,756
Jun 202273711,526115.097.98$176,767
May 202292112,616109.378.43$207,121
Apr 202274412,102104.226.84$160,288
Mar 202288812,151108.885.08$158,369
Feb 202290110,61991.054.86$133,632
Jan 20221,00812,92881.844.54$141,158
Dec 202194212,85971.323.90$117,322
Nov 202174812,59177.435.24$123,855
Oct 20211,12913,34579.795.71$166,335
Sep 202175212,45669.865.35$119,186
Aug 202174213,08866.024.22$104,226
Jul 20211,03513,19770.783.98$125,809
Jun 202174515,34269.493.38$103,636
May 20211,30215,84663.483.02$130,469
Apr 20211,12715,64060.362.76$111,167
Mar 20211,12316,90061.302.72$114,756
Feb 202195114,50257.805.55$135,424
Jan 20211,16217,71350.412.81$108,355
Dec 20201,23917,98644.642.68$103,430
Nov 20201,53717,75838.772.71$107,653
Oct 202054818,67336.972.48$66,539
Sep 20201,36517,76537.091.99$85,999
Aug 20201,11922,58639.982.39$98,607
Jul 20201,47123,09038.371.83$98,584
Jun 20201,15519,62334.901.69$73,478
May 20201,31620,23216.921.81$58,983
Apr 20201,31019,25714.751.80$54,069
Mar 20201,32621,06030.341.86$79,323
Feb 20201,33320,11849.881.98$106,337
Jan 20201,25521,33857.252.09$116,546
Dec 20191,68221,99259.012.30$149,932
Nov 20191,31821,12355.302.75$130,988
Oct 20191,49521,14553.472.42$131,078
Sep 20191,28922,03755.052.66$129,518
Aug 20191,65221,28653.112.30$136,788
Jul 20191,29219,82856.272.46$121,479
Jun 20191,48321,09952.782.49$130,835
May 20191,63722,21058.482.74$156,594
Apr 20191,47322,33862.632.75$153,699
Mar 20191,66323,76556.803.06$167,229
Feb 20191,31021,80250.852.79$127,489
Jan 20191,69823,97946.033.23$155,567
Dec 20182,01524,16646.594.19$195,024
Nov 20181,31521,08452.934.24$158,941
Oct 20181,69624,28461.443.40$186,721
Sep 20181,68924,53159.543.11$176,805
Aug 20181,60325,02359.403.07$171,953
Jul 20182,04725,91765.142.93$209,327
Jun 20181,66625,50460.183.08$178,734
May 20181,80026,82165.382.90$195,486
Apr 20181,86426,38463.842.90$195,532
Mar 20181,87327,19761.222.79$190,459
Feb 20181,71124,41861.782.77$173,249
Jan 20181,94027,63162.874.01$232,749
Dec 20172,28928,45957.272.92$214,235
Nov 20171,89828,35655.423.12$193,611
Oct 20172,08529,89849.292.98$191,976
Sep 20172,07329,29647.523.09$188,954
Aug 20172,25730,58945.373.00$194,302
Jul 20172,05631,10043.873.09$186,211
Jun 20172,40630,55842.493.09$196,572
May 20172,42432,25545.373.26$215,238
Apr 20172,25731,90947.933.21$210,657
Mar 20172,06932,98146.772.98$195,172
Feb 20172,59030,25650.452.95$219,999
Jan 20172,78838,14549.413.42$268,165
Dec 20163,17638,14248.763.72$296,858
Nov 20162,82035,64642.492.64$214,082
Oct 20162,99536,26046.193.09$250,392
Sep 20162,60536,14641.553.10$220,313
Aug 20162,61935,33641.442.92$211,866
Jul 20162,74439,43641.622.92$229,530
Jun 20163,26239,53245.352.69$254,108
May 20163,30642,24242.521.99$224,677
Apr 20163,53741,41436.561.99$211,770
Mar 20163,55544,23733.011.79$196,712
Feb 20163,59943,95626.472.06$185,974
Jan 20163,40845,90227.352.36$201,738
Dec 20153,35040,17932.362.00$188,821
Nov 20154,10349,94638.792.17$267,405
Oct 20154,29353,15843.552.43$315,952
Sep 20155,20159,23742.992.76$386,992
Aug 20154,80350,65140.162.87$338,383
Jul 20154,69049,18448.152.95$370,674
Jun 20154,78047,03056.152.88$403,978
May 20157,06267,34555.212.96$588,928
Apr 20157,29065,81149.822.71$541,310
Mar 20155,55468,24342.892.93$438,484
Feb 20151,0855,77944.662.98$65,656
Jan 20159,97487,51243.433.10$704,513
Dec 201411,43696,63854.693.59$972,497
Nov 20146114,93770.464.25$67,808

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 2023 — as filed, then multipliedworked
Condensate           188 bbl  × $ 78.12 =    $14,687
Gas                    0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                  $14,687

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/277254 is the state's own key, not one this site invented.