PREWIT OMAHA 26 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 278260District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.3 M
May 2015 – May 2026
Value, last 12 filed months
$625 k
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 Gas112017-02-23219250
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
CondensateDisposition185,077 bbl$9,445,192
GasProduction2,928,796 Mcf$8,846,266
Total$18,291,458

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 31.9256, -104.1337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92562, -104.13369 · 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
10,079 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 10,079 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-109327624H10,079 ftJun 2015

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

May 202647314,116106.413.05$93,327
Apr 202684,83598.932.87$14,667
Mar 2026163089.753.15$14,629
Feb 20264978,59463.503.75$63,790
Jan 20265757,23559.138.00$91,865
Dec 20255687,25256.664.41$64,189
Nov 20254749,67658.593.93$65,764
Oct 202567911,41359.383.30$78,037
Sep 20252995,25962.743.08$34,941
Aug 20251609,72163.933.01$39,535
Jul 20253552,60766.743.32$32,335
Jun 20252644,69666.483.13$32,243
May 20254328,27160.553.23$52,892
Apr 20253548,70762.363.54$52,925
Mar 20255875,36267.704.27$62,627
Feb 20255537,17370.884.34$70,333
Jan 20255638,55974.324.28$78,463
Dec 20245569,55368.993.12$68,177
Nov 20244813,18869.052.20$40,222
Oct 20246256,02271.372.28$58,345
Sep 20244838,25469.612.36$53,137
Aug 20244249,79175.632.06$52,272
Jul 20241067,27079.932.15$24,078
Jun 20244376,26078.082.63$50,610
May 202446610,15778.812.20$59,055
Apr 20244269,51084.451.66$51,755
Mar 20244879,41480.301.55$53,652
Feb 20243968,04876.091.78$44,486
Jan 20244414,14073.023.30$45,854
Dec 20234665,86971.262.61$48,529
Nov 20232597,76477.892.81$41,971
Oct 20232617,60185.443.09$45,766
Sep 20233215,64989.042.74$44,032
Aug 20233779,57080.522.67$55,936
Jul 20236269,20974.852.64$71,184
Jun 202365611,89368.962.26$72,098
May 202374611,81170.622.23$78,990
Apr 202369211,39578.122.24$79,558
Mar 202366911,55572.852.39$76,390
Feb 20237818,64175.112.47$79,967
Jan 20233318,99176.533.39$55,790
Dec 20224638,38476.415.73$83,410
Nov 20225748,96685.005.65$99,414
Oct 202251012,87287.185.86$119,940
Sep 20224839,82284.888.16$121,181
Aug 202259712,68694.529.13$172,216
Jul 202235110,525101.587.54$115,035
Jun 202247711,131115.097.98$143,692
May 202244412,790109.378.43$156,419
Apr 202259912,304104.226.84$146,558
Mar 202260812,783108.885.08$131,091
Feb 202255910,92791.054.86$103,989
Jan 202258112,08881.844.54$102,401
Dec 202158612,42971.323.90$90,256
Nov 202157311,78477.435.24$106,078
Oct 202155312,67779.795.71$116,559
Sep 202152913,73069.865.35$110,424
Aug 202155214,06666.024.22$95,810
Jul 202158914,69770.783.98$100,214
Jun 202166614,73069.493.38$96,077
May 202146911,67863.483.02$65,012
Apr 202150413,14660.362.76$66,684
Mar 202168321,79661.302.72$101,086
Feb 20210057.805.55$0
Jan 20211493,23850.412.81$16,611
Dec 202064213,67544.642.68$65,246
Nov 202063413,76438.772.71$61,833
Oct 202061514,51836.972.48$58,718
Sep 202055613,76537.091.99$48,029
Aug 202059914,81739.982.39$59,288
Jul 202062115,10838.371.83$51,402
Jun 202062414,36534.901.69$46,059
May 202061715,10316.921.81$37,848
Apr 202053514,25814.751.80$33,618
Mar 202068015,51130.341.86$49,423
Feb 202061414,87949.881.98$60,097
Jan 202080716,39257.252.09$80,538
Dec 201971615,41859.012.30$77,780
Nov 201975816,17455.302.75$86,407
Oct 201978517,04053.472.42$83,186
Sep 201972317,26355.052.66$85,674
Aug 201983317,81153.112.30$85,284
Jul 201978818,00356.272.46$88,629
Jun 201983318,06252.782.49$88,962
May 201993519,34658.482.74$107,693
Apr 201977418,62162.632.75$99,696
Mar 201990720,01756.803.06$112,812
Feb 201979018,32150.852.79$91,328
Jan 20191,22120,31246.033.23$121,773
Dec 20181,13920,73646.594.19$139,855
Nov 201879917,11952.934.24$114,828
Oct 201899020,89861.443.40$131,839
Sep 20181,11621,37459.543.11$132,877
Aug 20181,07922,52959.403.07$133,179
Jul 20181,05523,40365.142.93$137,337
Jun 201890618,81560.183.08$112,415
May 20181,20824,94665.382.90$151,342
Apr 20181,08724,63963.842.90$140,867
Mar 20181,12225,61161.222.79$140,063
Feb 20181,48723,63961.782.77$157,255
Jan 20182,00126,94862.874.01$233,846
Dec 20172,10827,76457.272.92$201,838
Nov 20172,20329,13055.423.12$212,928
Oct 20171,90226,86449.292.98$173,903
Sep 20172,22328,10847.523.09$192,414
Aug 20172,06721,70745.373.00$158,996
Jul 20171,89725,26243.873.09$161,212
Jun 20171,96526,15542.493.09$164,241
May 20171,84426,80245.373.26$171,128
Apr 20171,98332,92847.933.21$200,797
Mar 20172,37839,47146.772.98$228,988
Feb 20173,67849,54450.452.95$331,839
Jan 20178,339102,68049.413.42$763,072
Dec 20165,28777,12548.763.72$544,917
Nov 20160042.492.64$0
Oct 20161,81824,07146.193.09$158,359
Sep 20162,42837,13041.553.10$216,010
Aug 20162,70240,05141.442.92$229,094
Jul 20162,57642,50441.622.92$231,509
Jun 20162,67743,16245.352.69$237,328
May 20162,98547,86842.521.99$222,229
Apr 20163,96750,09136.561.99$244,767
Mar 20163,15954,75933.011.79$202,517
Feb 20163,50957,32126.472.06$211,173
Jan 20164,62373,15627.352.36$299,406
Dec 20154,59468,81332.362.00$286,385
Nov 20155,28977,18038.792.17$372,435
Oct 20156,94875,44543.552.43$485,659
Sep 20156,13188,37242.992.76$507,339
Aug 20158,664110,72740.162.87$666,008
Jul 201510,215120,95148.152.95$848,063
Jun 201510,276114,49856.152.88$907,079
May 20152,43021,67755.212.96$198,226

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           473 bbl  × $106.41 =    $50,332
Gas               14,116 Mcf  × $  3.05 =    $42,995

────────────────────────────────────────────────────
Month total                                  $93,327

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/278260 is the state's own key, not one this site invented.