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TIM TAM 24 D

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 281508District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$52.0 M
Jun 2016 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
120
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 Gas112018-01-02221178
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
CondensateDisposition451,624 bbl$25,058,834
GasProduction8,138,350 Mcf$26,986,578
Total$52,045,412

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 31.9248, -104.1135. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92478, -104.11346 · 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
10,156 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 10,156 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-109329295H10,156 ftJan 2017——

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 (120)

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

120 months

May 202669134,843106.413.05$179,656
Apr 202636622,23398.932.87$100,011
Mar 2026731,09289.753.15$9,991
Feb 202656232,56463.503.75$157,812
Jan 202694745,21759.138.00$417,638
Dec 20251,06361,98256.664.41$333,778
Nov 202584349,58758.593.93$244,092
Oct 20251,39085,82059.383.30$366,160
Sep 202553839,76962.743.08$156,120
Aug 202549029,80663.933.01$121,184
Jul 202556831,80766.743.32$143,355
Jun 202533510,93766.483.13$56,490
May 20251,08041,22460.553.23$198,643
Apr 20251,16538,71862.363.54$209,832
Mar 20251,26448,86367.704.27$294,136
Feb 20251,08749,07070.884.34$290,052
Jan 20251,06936,87874.324.28$237,237
Dec 202495540,71468.993.12$192,969
Nov 202496463,72469.052.20$206,658
Oct 20241,08876,08471.372.28$251,229
Sep 202497296,64369.612.36$296,160
Aug 20241,05470,43475.632.06$225,064
Jul 20241,08151,82879.932.15$197,658
Jun 20241,13456,38778.082.63$237,065
May 20241,17660,03778.812.20$224,668
Apr 20241,53953,59384.451.66$218,890
Mar 20241,36967,11080.301.55$213,624
Feb 20241,16261,42876.091.78$197,982
Jan 20241,88766,71773.023.30$357,799
Dec 20231885,51971.262.61$27,805
Nov 202380925,01877.892.81$133,253
Oct 20231,45772,43085.443.09$348,098
Sep 20231,36647,22589.042.74$250,791
Aug 20231,25053,37080.522.67$243,302
Jul 20231,11260,06174.852.64$241,902
Jun 202386731,62468.962.26$131,210
May 20231,59474,89670.622.23$279,392
Apr 20231,48169,84678.122.24$271,994
Mar 202354125,64872.852.39$100,792
Feb 202313075.112.47$976
Jan 20231,24641,04176.533.39$234,392
Dec 20221,73154,82676.415.73$446,368
Nov 20221,64652,21085.005.65$434,698
Oct 20221,61168,24687.185.86$540,625
Sep 20221,74571,84084.888.16$734,594
Aug 20222,50369,42194.529.13$870,200
Jul 20221,14371,117101.587.54$652,476
Jun 20221,27053,079115.097.98$569,586
May 20222,09932,346109.378.43$502,343
Apr 20221,40343,345104.226.84$442,596
Mar 20221,68464,749108.885.08$512,046
Feb 20222,04361,41091.054.86$484,397
Jan 20222,23667,70481.844.54$490,213
Dec 20212,59660,03071.323.90$419,211
Nov 20212,24058,70177.435.24$480,852
Oct 20212,26363,12579.795.71$541,253
Sep 20212,85663,86469.865.35$541,251
Aug 20212,18565,26366.024.22$419,702
Jul 20212,08249,84470.783.98$345,847
Jun 20211,83034,65069.493.38$244,305
May 20212,24338,86563.483.02$259,667
Apr 20211,72458,28660.362.76$264,838
Mar 2021882861.302.72$2,740
Feb 20210057.805.55$0
Jan 202184613,14850.412.81$79,596
Dec 20203,44458,19544.642.68$309,439
Nov 20203,56257,80338.772.71$294,547
Oct 20203,90960,35036.972.48$294,089
Sep 20203,97760,73037.091.99$268,423
Aug 20203,85459,70639.982.39$296,488
Jul 20204,04862,93138.371.83$270,178
Jun 20203,92762,75234.901.69$243,123
May 20203,68666,06416.921.81$182,257
Apr 20203,73972,41914.751.80$185,822
Mar 20204,06573,72530.341.86$260,183
Feb 20203,68469,06449.881.98$320,551
Jan 20203,55672,52257.252.09$355,496
Dec 20194,04074,33959.012.30$409,704
Nov 20194,11476,74455.302.75$438,604
Oct 20194,07172,72953.472.42$393,574
Sep 20194,18572,14455.052.66$422,091
Aug 20194,54577,57953.112.30$420,155
Jul 20194,68482,10856.272.46$465,559
Jun 20194,99485,41052.782.49$476,357
May 20195,24786,67058.482.74$544,348
Apr 20194,67182,84962.632.75$520,437
Mar 20195,27392,21856.803.06$581,887
Feb 20194,60883,66850.852.79$467,936
Jan 20195,93491,17046.033.23$567,455
Dec 20186,809105,94846.594.19$760,670
Nov 20185,29290,31252.934.24$662,779
Oct 20186,781103,09961.443.40$766,963
Sep 20186,597103,42159.543.11$714,218
Aug 20186,529106,05759.403.07$713,053
Jul 20187,945117,66165.142.93$862,505
Jun 20187,029119,66960.183.08$791,217
May 20188,408134,04265.382.90$938,544
Apr 20188,593141,09063.842.90$957,851
Mar 20189,681136,14461.222.79$972,082
Feb 20188,887129,24161.782.77$906,535
Jan 20188,976140,97962.874.01$1,129,551
Dec 20179,196156,83357.272.92$984,846
Nov 201711,762138,98755.423.12$1,085,262
Oct 201710,35491,22149.292.98$782,523
Sep 201711,889119,13247.523.09$932,759
Aug 201717,506142,42545.373.00$1,222,149
Jul 201720,116223,06343.873.09$1,571,147
Jun 201714,670167,29642.493.09$1,139,818
May 201717,385221,84745.373.26$1,512,733
Apr 201723,668192,84847.933.21$1,753,758
Mar 201719,831172,69046.772.98$1,442,748
Feb 201713,114114,74950.452.95$1,000,409
Jan 20176,96667,02349.413.42$573,328
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0

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           691 bbl  × $106.41 =    $73,529
Gas               34,843 Mcf  × $  3.05 =   $106,126

────────────────────────────────────────────────────
Month total                                 $179,656

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/281508 is the state's own key, not one this site invented.