EVERYTHINGS BIGGER WC

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) 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 277779District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Oct 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
140
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 Gas112017-12-20221135
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
CondensateDisposition277 bbl$12,332
GasProduction1,791,715 Mcf$5,240,191
Total$5,252,523

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 31.8410, -104.0294. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84105, -104.02942 · 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
10,996 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 10,996 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-389337181401H10,996 ftNov 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 (140)

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

140 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
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 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202101,04657.805.55$5,803
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202008,80138.772.71$23,821
Oct 2020012,17936.972.48$30,185
Sep 202009,67737.091.99$19,267
Aug 2020015,26439.982.39$36,406
Jul 2020021,53938.371.83$39,311
Jun 2020011,54134.901.69$19,508
May 2020027,81516.921.81$50,477
Apr 202008,00814.751.80$14,449
Mar 202006,30230.341.86$11,698
Feb 202005,28549.881.98$10,468
Jan 2020027,07257.252.09$56,709
Dec 2019011,04759.012.30$25,456
Nov 2019010,40955.302.75$28,632
Oct 2019018,00653.472.42$43,548
Sep 2019015,22655.052.66$40,460
Aug 2019018,55953.112.30$42,767
Jul 2019019,58056.272.46$48,168
Jun 2019020,61952.782.49$51,366
May 2019019,56958.482.74$53,625
Apr 2019020,36162.632.75$56,007
Mar 2019019,38256.803.06$59,350
Feb 2019020,69250.852.79$57,777
Jan 2019018,11946.033.23$58,491
Dec 2018019,21946.594.19$80,440
Nov 2018016,03052.934.24$67,923
Oct 2018022,61461.443.40$76,844
Sep 2018018,60759.543.11$57,831
Aug 2018022,32859.403.07$68,470
Jul 2018019,96365.142.93$58,529
Jun 2018019,17860.183.08$59,009
May 2018021,86965.382.90$63,438
Apr 201810724,04563.842.90$76,581
Mar 2018020,07661.222.79$55,949
Feb 2018017,22561.782.77$47,646
Jan 2018019,39762.874.01$77,769
Dec 2017013,08657.272.92$38,231
Nov 2017015,34255.423.12$47,842
Oct 2017013,74849.292.98$41,020
Sep 2017014,57347.523.09$44,991
Aug 2017019,06845.373.00$57,288
Jul 2017020,82643.873.09$64,296
Jun 2017021,22042.493.09$65,512
May 2017027,12545.373.26$88,520
Apr 2017025,52247.933.21$81,966
Mar 2017018,97746.772.98$56,621
Feb 2017016,54950.452.95$48,863
Jan 2017021,10749.413.42$72,161
Dec 2016025,26148.763.72$94,042
Nov 2016028,65742.492.64$75,779
Oct 2016028,75446.193.09$88,857
Sep 2016029,23041.553.10$90,631
Aug 2016034,39041.442.92$100,568
Jul 2016041,19841.622.92$120,477
Jun 2016042,19345.352.69$113,323
May 2016056,39442.521.99$112,283
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20151703,01132.362.00$11,527
Nov 2015044,87438.792.17$97,257
Oct 2015034,22043.552.43$83,038
Sep 2015036,99742.992.76$102,053
Aug 2015064,81640.162.87$186,183
Jul 2015041,54448.152.95$122,350
Jun 2015036,64956.152.88$105,654
May 2015051,11755.212.96$151,074
Apr 2015089,05349.822.71$241,028
Mar 2015038,26542.892.93$112,297
Feb 2015027,52144.662.98$81,908
Jan 2015025,39543.433.10$78,741
Dec 2014076,06954.693.59$273,191
Nov 2014084,49470.464.25$359,255
Oct 2014017,82178.303.90$69,519

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 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.80 =         $0
Gas                1,046 Mcf  × $  5.55 =     $5,803

────────────────────────────────────────────────────
Month total                                   $5,803

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/277779 is the state's own key, not one this site invented.