CLEVELAND STATE 57-23

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 282986District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.9 M
Jun 2014 – May 2026
Value, last 12 filed months
$474 k
at the published price for each month
Months reported
144
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 Gas112018-12-11218339
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
CondensateDisposition201,803 bbl$12,094,952
GasProduction1,809,520 Mcf$5,841,863
Total$17,936,815

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 31.5836, -103.8232. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58359, -103.82322 · 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
10,877 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 10,877 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-389340373H10,877 ftJun 2014

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 (144)

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

144 months

May 20261856,717106.413.05$40,145
Apr 20262906,70098.932.87$47,917
Mar 20263934,99789.753.15$51,010
Feb 20264046,87763.503.75$51,445
Jan 20263111,18359.138.00$27,851
Dec 20254804,41056.664.41$46,660
Nov 20251532,57358.593.93$19,067
Oct 2025506,12059.383.30$23,195
Sep 20251236,92162.743.08$29,012
Aug 20254277,30163.933.01$49,309
Jul 20253129,93866.743.32$53,769
Jun 20251747,23766.483.13$34,210
May 2025995,15060.553.23$22,641
Apr 20252465,93562.363.54$36,369
Mar 20252635,40467.704.27$40,871
Feb 20252225,18970.884.34$38,260
Jan 20253156,11574.324.28$49,575
Dec 20243876,41968.993.12$46,735
Nov 20242015,11769.052.20$25,128
Oct 2024967,92771.372.28$24,936
Sep 2024877,64369.612.36$24,127
Aug 2024718,17975.632.06$22,248
Jul 2024198,29579.932.15$19,325
Jun 20241728,20278.082.63$35,034
May 20242938,12778.812.20$40,958
Apr 20242787,86884.451.66$36,532
Mar 202416610,15580.301.55$29,021
Feb 2024119076.091.78$9,055
Jan 20241499,28573.023.30$41,499
Dec 20231328,54771.262.61$31,720
Nov 20231368,34977.892.81$34,033
Oct 20233248,98285.443.09$55,413
Sep 20238447,94089.042.74$96,866
Aug 20238223,41180.522.67$75,305
Jul 20234314,10074.852.64$43,092
Jun 20233275,09468.962.26$34,055
May 20234407,77570.622.23$48,391
Apr 20233417,53478.122.24$43,498
Mar 20234878,62972.852.39$56,129
Feb 20233904,53875.112.47$40,482
Jan 20235943,85076.533.39$58,502
Dec 20224516,55776.415.73$72,026
Nov 20225237,94685.005.65$89,320
Oct 20225608,77487.185.86$100,269
Sep 20225138,17284.888.16$110,257
Aug 20224397,98194.529.13$114,338
Jul 20225738,805101.587.54$124,613
Jun 20225027,721115.097.98$119,367
May 20224998,165109.378.43$123,431
Apr 20224237,986104.226.84$98,690
Mar 20223098,199108.885.08$75,265
Feb 20222678,60791.054.86$66,130
Jan 20223528,04681.844.54$65,318
Dec 20215968,03471.323.90$73,832
Nov 20215977,99777.435.24$88,105
Oct 20215116,69679.795.71$79,033
Sep 20215615,16369.865.35$66,818
Aug 20214735,92666.024.22$56,239
Jul 20214337,79470.783.98$61,684
Jun 20213925,43069.493.38$45,597
May 20214674,76863.483.02$44,033
Apr 20218177,31960.362.76$69,503
Mar 20215467,49461.302.72$53,831
Feb 20216724,21457.805.55$62,221
Jan 20218467,50850.412.81$63,746
Dec 20208607,27644.642.68$57,857
Nov 20208587,18438.772.71$52,709
Oct 20208467,30936.972.48$49,391
Sep 20209047,05537.091.99$47,576
Aug 20208226,26439.982.39$47,804
Jul 20209417,33838.371.83$49,499
Jun 20208757,54134.901.69$43,284
May 20209498,67916.921.81$31,807
Apr 202088011,00414.751.80$32,835
Mar 20201,0518,22630.341.86$47,157
Feb 20209477,71449.881.98$62,515
Jan 20201,0538,18757.252.09$77,434
Dec 20199888,65059.012.30$78,235
Nov 20199758,14355.302.75$76,316
Oct 20199728,76753.472.42$73,176
Sep 20198758,52155.052.66$70,811
Aug 20199428,65253.112.30$69,967
Jul 20199668,74556.272.46$75,870
Jun 20199648,69552.782.49$72,541
May 20191,0148,94358.482.74$83,805
Apr 20199237,97962.632.75$79,755
Mar 20191,0458,07856.803.06$84,092
Feb 20191,0688,64050.852.79$78,433
Jan 20191,1909,51846.033.23$85,502
Dec 20181,3109,78946.594.19$102,004
Nov 20181,1438,77252.934.24$97,668
Oct 20181,48914,24561.443.40$139,890
Sep 201866259.543.11$3,936
Aug 20187359,71259.403.07$73,441
Jul 20188089,82365.142.93$81,433
Jun 201877510,42760.183.08$78,723
May 201883310,97665.382.90$86,301
Apr 201883310,75563.842.90$84,377
Mar 201882811,21261.222.79$81,936
Feb 201847910,14861.782.77$57,663
Jan 201867011,18062.874.01$86,947
Dec 20171,03111,93357.272.92$93,908
Nov 201775212,46255.423.12$80,537
Oct 201792312,67749.292.98$83,319
Sep 201787511,30347.523.09$76,476
Aug 201799312,11945.373.00$81,463
Jul 201787011,96843.873.09$75,115
Jun 201798211,91942.493.09$78,522
May 20171,04212,91145.373.26$89,409
Apr 20171,00214,11047.933.21$93,342
Mar 20171,00614,38246.772.98$89,962
Feb 201781613,01450.452.95$79,592
Jan 20176505,64849.413.42$51,426
Dec 20161,43613,93448.763.72$121,893
Nov 20161,31014,89342.492.64$95,044
Oct 20161,79316,84846.193.09$134,883
Sep 20162,12917,78241.553.10$143,595
Aug 20162,27419,45241.442.92$151,119
Jul 20162,15920,56441.622.92$149,994
Jun 20161,86320,21245.352.69$138,773
May 20162,60822,75042.521.99$156,188
Apr 20162,77923,08036.561.99$147,553
Mar 20162,92839,34933.011.79$167,246
Feb 20163,16826,31626.472.06$138,163
Jan 20162,27822,55127.352.36$115,622
Dec 20153,28126,15132.362.00$158,512
Nov 20153,49931,15538.792.17$203,249
Oct 20153,45729,08243.552.43$221,122
Sep 20154,19322,25542.992.76$241,646
Aug 201591615,63440.162.87$81,695
Jul 20155,17729,93548.152.95$337,434
Jun 20153,84738,09056.152.88$325,817
May 20155,59235,47655.212.96$413,582
Apr 20156,02135,32649.822.71$395,579
Mar 20156,80041,56842.892.93$413,642
Feb 20154,03727,79744.662.98$263,022
Jan 20155,94931,69343.433.10$356,633
Dec 20142,51011,77254.693.59$179,549
Nov 20147,73949,57970.464.25$756,092
Oct 20148,53548,02878.303.90$855,646
Sep 20147,88638,93786.164.05$836,975
Aug 201410,32352,55289.394.04$1,134,827
Jul 201414,13764,73896.564.18$1,635,648
Jun 20143,28523,39198.164.74$433,256

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           185 bbl  × $106.41 =    $19,686
Gas                6,717 Mcf  × $  3.05 =    $20,459

────────────────────────────────────────────────────
Month total                                  $40,145

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/282986 is the state's own key, not one this site invented.