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SNOWCREST SOUTH UNIT 1-33

Operated by COTERRA ENERGY OPERATING CO. (P-5 103285) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 282833District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$49.0 M
Dec 2016 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
114
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

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: “FOR THE FOLLOWING API 389-37515.”

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 Gas112017-12-12220058
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
CondensateDisposition656,888 bbl$37,837,507
GasProduction3,439,248 Mcf$11,125,365
Total$48,962,871

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 31.7489, -103.7640. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74888, -103.76400 · 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
11,066 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 11,066 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-389351692H11,066 ftDec 2016——

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 (114)

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

114 months

May 20261,75212,426106.413.05$224,278
Apr 20262,13414,25698.932.87$252,027
Mar 20261,48612,31089.753.15$172,138
Feb 20261,37410,44963.503.75$126,436
Jan 20262,04612,36159.138.00$219,842
Dec 20252,44515,24256.664.41$205,802
Nov 20252,25113,01458.593.93$182,985
Oct 20252,42214,23759.383.30$190,869
Sep 20252,50913,47862.743.08$198,885
Aug 20252,44013,72663.933.01$197,370
Jul 20252,64914,56366.743.32$225,074
Jun 20252,59915,48866.483.13$221,239
May 20252,46414,03660.553.23$194,564
Apr 20252,57014,00362.363.54$209,880
Mar 20252,59314,61667.704.27$237,932
Feb 20252,47613,55570.884.34$234,339
Jan 20252,64214,48474.324.28$258,326
Dec 20242,64815,43768.993.12$230,870
Nov 20242,55714,21669.052.20$207,814
Oct 20242,55515,16671.372.28$216,950
Sep 20242,69616,57369.612.36$226,853
Aug 20242,64215,30175.632.06$231,390
Jul 20242,72016,39879.932.15$252,609
Jun 20242,22613,99578.082.63$210,669
May 20242,72116,28378.812.20$250,239
Apr 20242,50515,14984.451.66$236,682
Mar 20242,84016,35280.301.55$253,318
Feb 20242,62214,38376.091.78$225,162
Jan 20242,51014,34273.023.30$230,575
Dec 20232,76114,29371.262.61$234,064
Nov 20232,84114,68577.892.81$262,515
Oct 20232,84014,23485.443.09$286,594
Sep 20232,53213,99389.042.74$263,721
Aug 20232,79716,41080.522.67$269,076
Jul 20232,77815,93374.852.64$250,025
Jun 20232,75216,93468.962.26$228,023
May 20233,04620,63170.622.23$261,062
Apr 20232,90419,15078.122.24$269,714
Mar 20232,75114,40372.852.39$234,879
Feb 20231,63610,51775.112.47$148,812
Jan 20232,83319,12076.533.39$281,583
Dec 20222,88812,28876.415.73$291,071
Nov 20222,60417,07185.005.65$317,726
Oct 20222,86720,06387.185.86$367,590
Sep 20222,70618,13284.888.16$377,709
Aug 20222,89418,82694.529.13$445,369
Jul 20222,61617,081101.587.54$394,560
Jun 20222,37515,665115.097.98$398,302
May 20222,22512,201109.378.43$346,240
Apr 20223,16518,434104.226.84$455,901
Mar 20223,54521,837108.885.08$496,833
Feb 20223,23220,14791.054.86$392,165
Jan 20223,26020,24981.844.54$358,682
Dec 20213,59621,08971.323.90$338,695
Nov 20213,00718,03377.435.24$327,268
Oct 20213,45121,03579.795.71$395,547
Sep 20213,54620,53669.865.35$357,610
Aug 20213,64720,87166.024.22$328,863
Jul 20213,54420,61870.783.98$332,947
Jun 20213,61322,45969.493.38$326,993
May 20214,06424,24663.483.02$331,149
Apr 20213,87122,40660.362.76$295,459
Mar 20214,65626,23961.302.72$356,703
Feb 20212,70915,86057.805.55$244,571
Jan 20214,59424,21350.412.81$299,629
Dec 20203,87022,61444.642.68$233,260
Nov 20204,33524,20338.772.71$233,575
Oct 20204,20523,33636.972.48$213,295
Sep 20204,67524,82437.091.99$222,821
Aug 20204,94627,38239.982.39$263,050
Jul 20204,94027,37438.371.83$239,509
Jun 20204,75226,07034.901.69$209,911
May 20205,18927,47416.921.81$137,656
Apr 20205,43327,51314.751.80$129,781
Mar 20205,37728,04530.341.86$215,196
Feb 20205,05826,87249.881.98$305,518
Jan 20205,80229,06857.252.09$393,054
Dec 20195,82829,09859.012.30$410,963
Nov 20195,58528,95955.302.75$388,508
Oct 20196,16930,89453.472.42$404,575
Sep 20195,65431,57955.052.66$395,167
Aug 20196,34633,90353.112.30$415,161
Jul 20197,14034,96156.272.46$487,774
Jun 20197,37633,69152.782.49$473,236
May 20196,94935,99658.482.74$505,018
Apr 20196,85136,35262.632.75$529,072
Mar 20197,25240,36456.803.06$535,512
Feb 20196,79234,95050.852.79$442,961
Jan 20197,95441,69846.033.23$500,731
Dec 20188,27440,88746.594.19$556,616
Nov 20187,66939,47452.934.24$573,181
Oct 20188,27143,17361.443.40$654,876
Sep 20188,12742,94859.543.11$617,364
Aug 20188,76948,32759.403.07$669,076
Jul 20189,26149,55165.142.93$748,539
Jun 20189,45151,25760.183.08$726,475
May 201810,29854,93365.382.90$832,633
Apr 201810,40756,41963.842.90$828,043
Mar 201811,31860,46561.222.79$861,394
Feb 201810,85355,81761.782.77$824,895
Jan 201813,24266,18062.874.01$1,097,861
Dec 201713,86167,05057.272.92$989,707
Nov 201713,93367,06255.423.12$981,290
Oct 201715,82475,73449.292.98$1,005,931
Sep 201715,89772,72247.523.09$979,939
Aug 201717,22382,95945.373.00$1,030,650
Jul 201719,62589,72143.873.09$1,137,943
Jun 201720,15285,14842.493.09$1,119,134
May 201722,548100,26145.373.26$1,350,195
Apr 201719,07496,72747.933.21$1,224,865
Mar 201724,293111,09246.772.98$1,467,647
Feb 201720,78790,13450.452.95$1,314,834
Jan 201718,01388,24649.413.42$1,191,718
Dec 20160048.763.72$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         1,752 bbl  × $106.41 =   $186,430
Gas               12,426 Mcf  × $  3.05 =    $37,848

────────────────────────────────────────────────────
Month total                                 $224,278

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/282833 is the state's own key, not one this site invented.