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TIM TAM 24 E

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 281512District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$40.3 M
May 2016 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
121
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 Gas112018-01-02221177
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
CondensateDisposition261,556 bbl$14,324,457
GasProduction7,929,938 Mcf$26,021,327
Total$40,345,785

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, -104.1106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92477, -104.11059 · 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
10,408 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 10,408 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-109329306H10,408 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 (121)

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

121 months

May 202671926,028106.413.05$155,786
Apr 202645219,74598.932.87$101,379
Mar 20267278589.753.15$8,934
Feb 202648319,19463.503.75$102,654
Jan 202669021,52859.138.00$212,979
Dec 202577529,51056.664.41$174,150
Nov 202561423,60958.593.93$128,674
Oct 202593247,92159.383.30$213,713
Sep 202542334,41962.743.08$132,444
Aug 202545130,25163.933.01$120,032
Jul 202544327,32166.743.32$120,140
Jun 20252629,46666.483.13$47,034
May 202552936,64460.553.23$150,476
Apr 202561637,82462.363.54$172,429
Mar 202592959,89667.704.27$318,549
Feb 202566048,92970.884.34$259,174
Jan 202571056,67874.324.28$295,274
Dec 202471867,67168.993.12$260,761
Nov 202465254,24169.052.20$164,266
Oct 202455450,55471.372.28$154,873
Sep 202440333,89569.612.36$108,193
Aug 202466150,64375.632.06$154,500
Jul 202430438,70779.932.15$107,387
Jun 202472943,30178.082.63$170,974
May 202448646,09078.812.20$139,628
Apr 202473244,26184.451.66$135,255
Mar 202468049,32980.301.55$130,824
Feb 202481428,82476.091.78$113,349
Jan 20241,28848,70473.023.30$254,659
Dec 20231255,07171.262.61$22,146
Nov 202353922,98277.892.81$106,506
Oct 202383542,42785.443.09$202,326
Sep 202363843,04389.042.74$174,532
Aug 202368547,40080.522.67$181,851
Jul 202374349,99774.852.64$187,696
Jun 202357940,04968.962.26$130,378
May 20231,05659,35770.622.23$206,787
Apr 202397858,75678.122.24$207,883
Mar 202350939,40572.852.39$131,383
Feb 20238075.112.47$601
Jan 202378442,20176.533.39$202,965
Dec 202284353,05476.415.73$368,364
Nov 202290446,08985.005.65$337,068
Oct 202281950,17487.185.86$365,609
Sep 202274349,21884.888.16$464,866
Aug 202298657,56094.529.13$618,556
Jul 202244257,017101.587.54$474,925
Jun 202251042,556115.097.98$398,174
May 20221,40645,067109.378.43$533,826
Apr 202254334,751104.226.84$294,205
Mar 202269950,940108.885.08$334,699
Feb 20221,47349,27691.054.86$373,541
Jan 20221,31153,61581.844.54$350,580
Dec 20211,48553,84571.323.90$315,858
Nov 202190054,05677.435.24$352,770
Oct 202186749,61779.795.71$352,683
Sep 20211,08550,82669.865.35$347,764
Aug 202184854,00766.024.22$283,926
Jul 20211,01456,05070.783.98$294,967
Jun 20211,42456,56769.493.38$290,185
May 20211,21047,76063.483.02$220,935
Apr 202169650,05560.362.76$180,083
Mar 2021371061.302.72$2,113
Feb 20210057.805.55$0
Jan 202134211,29150.412.81$48,971
Dec 20201,44648,54744.642.68$194,435
Nov 20201,23549,15238.772.71$180,914
Oct 20201,33751,44336.972.48$176,927
Sep 20201,29651,92437.091.99$151,451
Aug 20201,06152,23239.982.39$166,997
Jul 20201,11855,05338.371.83$143,376
Jun 20201,18054,79434.901.69$133,801
May 20201,58761,09816.921.81$137,730
Apr 20201,61066,40114.751.80$143,560
Mar 20201,62366,49330.341.86$172,668
Feb 20201,39364,73649.881.98$197,703
Jan 20201,49565,37957.252.09$222,541
Dec 20191,70465,84759.012.30$252,288
Nov 20191,52767,84855.302.75$271,073
Oct 20191,67967,62953.472.42$253,340
Sep 20191,67667,90255.052.66$272,698
Aug 20191,86576,49853.112.30$275,329
Jul 20191,84775,05656.272.46$288,573
Jun 20191,87666,15752.782.49$263,826
May 20192,17777,33858.482.74$339,242
Apr 20191,86277,45862.632.75$329,681
Mar 20192,14582,89156.803.06$375,657
Feb 20191,94776,86150.852.79$313,618
Jan 20192,48487,87446.033.23$398,012
Dec 20182,50691,24846.594.19$498,668
Nov 20181,94177,53052.934.24$431,250
Oct 20182,772102,03761.443.40$517,042
Sep 20182,622100,25959.543.11$467,719
Aug 20182,652103,98659.403.07$476,408
Jul 20183,242112,82165.142.93$541,962
Jun 20182,983114,93560.183.08$533,163
May 20183,696128,12365.382.90$613,304
Apr 20183,673132,60263.842.90$619,136
Mar 20184,488144,01261.222.79$676,094
Feb 20184,281134,98461.782.77$637,862
Jan 20185,769151,58862.874.01$970,462
Dec 20176,921168,03057.272.92$887,269
Nov 20178,110166,46555.423.12$968,554
Oct 20176,03891,17549.292.98$569,650
Sep 20176,977124,88047.523.09$717,087
Aug 201710,388221,40945.373.00$1,136,505
Jul 201710,917231,40943.873.09$1,193,353
Jun 201714,268239,05742.493.09$1,344,283
May 201716,208261,12145.373.26$1,587,499
Apr 201718,778265,09247.933.21$1,751,399
Mar 201718,745266,31146.772.98$1,671,290
Feb 201713,732199,07750.452.95$1,280,574
Jan 20174,866114,41949.413.42$631,605
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
May 20160042.521.99$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           719 bbl  × $106.41 =    $76,509
Gas               26,028 Mcf  × $  3.05 =    $79,277

────────────────────────────────────────────────────
Month total                                 $155,786

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/281512 is the state's own key, not one this site invented.