RED LODGE C20-11 C

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 282898District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$39.6 M
Apr 2015 – May 2026
Value, last 12 filed months
$979 k
at the published price for each month
Months reported
134
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 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 Gas112019-02-06218201
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
CondensateDisposition629,537 bbl$31,960,678
GasProduction2,529,301 Mcf$7,689,139
Total$39,649,817

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 31.6723, -103.7576. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67229, -103.75756 · 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
11,098 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 11,098 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-389343913H11,098 ftApr 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 (134)

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

134 months

May 20269138,297106.413.05$122,424
Apr 2026852098.932.87$84,288
Mar 202666010,35089.753.15$91,832
Feb 20261,017063.503.75$64,580
Jan 20268176,01459.138.00$96,409
Dec 20258476,37256.664.41$76,113
Nov 20257846,53458.593.93$71,590
Oct 20256265,02159.383.30$53,765
Sep 20258476,88562.743.08$74,325
Aug 20258217,06563.933.01$73,786
Jul 20256986,06166.743.32$66,678
Jun 20251,2745,81366.483.13$102,883
May 20251,0906,20860.553.23$86,066
Apr 20259825,96862.363.54$82,383
Mar 20251,2425,78667.704.27$108,780
Feb 20259515,63170.884.34$91,850
Jan 20259146,08774.324.28$93,973
Dec 20241,2077,45068.993.12$106,525
Nov 20248156,30069.052.20$70,126
Oct 20241,0628,17771.372.28$94,450
Sep 20241,0487,65069.612.36$91,039
Aug 20241,1367,44475.632.06$101,277
Jul 20241,1218,27179.932.15$107,356
Jun 20241,1757,51478.082.63$111,536
May 20241,0367,80578.812.20$98,806
Apr 20241,4968,24784.451.66$140,021
Mar 20241,8319,58480.301.55$161,838
Feb 20241,394076.091.78$106,069
Jan 20241,1459,88973.023.30$116,218
Dec 20231,39410,79171.262.61$127,509
Nov 20231,1597,87077.892.81$112,370
Oct 20231,2588,80985.443.09$134,679
Sep 20231,0027,36389.042.74$109,356
Aug 20236387,05880.522.67$70,237
Jul 20238777,37874.852.64$85,135
Jun 20233543,15968.962.26$31,546
May 20235905070.622.23$41,777
Apr 2023714078.122.24$55,778
Mar 2023756072.852.39$55,075
Feb 20238321,10575.112.47$65,216
Jan 20239852,97776.533.39$85,467
Dec 20227573,49276.415.73$77,848
Nov 20225031,94985.005.65$53,759
Oct 20228983,79987.185.86$100,564
Sep 20221,1005,47784.888.16$138,080
Aug 20221,1526,80894.529.13$171,025
Jul 2022161105101.587.54$17,146
Jun 20224233,660115.097.98$77,880
May 20222,66516,826109.378.43$433,365
Apr 20222,45215,007104.226.84$358,159
Mar 20222,54615,263108.885.08$354,690
Feb 20222,41513,38991.054.86$284,941
Jan 20222,58214,45881.844.54$276,917
Dec 20212,35612,19871.323.90$215,591
Nov 20212,57511,82177.435.24$261,287
Oct 20219935,05579.795.71$108,115
Sep 20212,41112,33069.865.35$234,409
Aug 20212,69811,99866.024.22$228,761
Jul 20212,64912,77470.783.98$238,363
Jun 20212,73914,29969.493.38$238,673
May 20213,32216,08463.483.02$259,417
Apr 20213,24815,93860.362.76$240,013
Mar 20213,63716,38561.302.72$267,465
Feb 20212,3919,97657.805.55$193,546
Jan 20213,54116,04250.412.81$223,584
Dec 20203,50415,80444.642.68$198,702
Nov 20203,30015,05938.772.71$168,699
Oct 20203,28415,62236.972.48$160,128
Sep 20202,93814,43737.091.99$137,715
Aug 20203,09313,96739.982.39$156,971
Jul 20203,56614,84338.371.83$163,918
Jun 20201332734.901.69$4,687
May 20202,5529,68616.921.81$60,758
Apr 20202,3249,74914.751.80$51,870
Mar 20203,14811,53730.341.86$116,926
Feb 20202,93110,07949.881.98$166,161
Jan 20202,6569,70457.252.09$172,383
Dec 20192,6069,55159.012.30$175,789
Nov 20192,97111,98755.302.75$197,269
Oct 20191,7678,35953.472.42$114,698
Sep 20192,2388,11155.052.66$144,755
Aug 20193,68112,68253.112.30$224,722
Jul 20190056.272.46$0
Jun 2019130052.782.49$6,861
May 20193,05714,17158.482.74$217,606
Apr 20195,37926,68062.632.75$410,275
Mar 20195,93529,52656.803.06$427,520
Feb 20195,40127,11850.852.79$350,360
Jan 20196,03230,80046.033.23$377,081
Dec 20186,28632,09946.594.19$427,213
Nov 20186,14031,68952.934.24$459,264
Oct 20187,72937,81961.443.40$603,382
Sep 20187,82538,97359.543.11$587,029
Aug 20188,44444,30259.403.07$637,428
Jul 20184,62519,69465.142.93$359,013
Jun 20184,26014,72160.183.08$301,662
May 20186,84527,06665.382.90$526,039
Apr 20186,76427,00863.842.90$510,159
Mar 20186,96128,89761.222.79$506,684
Feb 20187,20925,91461.782.77$517,053
Jan 20187,66430,13762.874.01$602,665
Dec 20177,67728,42857.272.92$522,715
Nov 20177,52027,39255.423.12$502,177
Oct 20177,97829,93249.292.98$482,543
Sep 20177,55629,36747.523.09$449,725
Aug 20178,26633,24345.373.00$474,904
Jul 20178,40833,87343.873.09$473,434
Jun 20178,49233,48742.493.09$464,209
May 20179,11735,34645.373.26$528,986
Apr 20179,13835,58447.933.21$552,266
Mar 201710,02439,40646.772.98$586,397
Feb 20179,57339,20050.452.95$598,700
Jan 20179,46036,77249.413.42$593,135
Dec 20168,94131,07148.763.72$551,635
Nov 20169,39838,17942.492.64$500,280
Oct 201611,00648,04646.193.09$656,842
Sep 201611,48247,23841.553.10$623,545
Aug 201610,00238,52741.442.92$527,149
Jul 201612,47942,39841.622.92$643,362
Jun 201611,65944,28545.352.69$647,678
May 201613,47553,67942.521.99$679,834
Apr 201613,11446,80336.561.99$572,634
Mar 201615,92056,67733.011.79$627,198
Feb 201613,21744,96126.472.06$442,637
Jan 201612,25537,91027.352.36$424,807
Dec 20156,64021,85032.362.00$258,601
Nov 201518,88659,30138.792.17$861,113
Oct 201519,38554,74743.552.43$977,065
Sep 201516,09853,50842.992.76$839,651
Aug 201519,87169,80140.162.87$998,522
Jul 201512,03937,96748.152.95$691,494
Jun 201515,97950,35656.152.88$1,042,390
May 201518,53159,28555.212.96$1,198,310
Apr 201511,99914,74849.822.71$637,707

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           913 bbl  × $106.41 =    $97,152
Gas                8,297 Mcf  × $  3.05 =    $25,271

────────────────────────────────────────────────────
Month total                                 $122,424

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/282898 is the state's own key, not one this site invented.