BOULDER STATE 57-32

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 283071District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.1 M
Jul 2015 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
131
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 Gas112018-12-11218174
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
CondensateDisposition444,968 bbl$22,594,050
GasProduction2,499,185 Mcf$7,534,508
Total$30,128,558

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 31.8101, -103.9920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81009, -103.99198 · 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
9,767 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 9,767 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-389344701H9,767 ftJul 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 (131)

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

131 months

May 20261,4847,238106.413.05$179,958
Apr 20261,6337,01698.932.87$181,687
Mar 20261,349089.753.15$121,073
Feb 20269614,32663.503.75$77,247
Jan 20261,4127,49659.138.00$143,444
Dec 20251,5196,81056.664.41$116,122
Nov 20251,3197,04158.593.93$104,926
Oct 20251,2956,43159.383.30$98,151
Sep 20251,0715,86862.743.08$85,250
Aug 20251,3846,81763.933.01$109,031
Jul 20251,1785,90766.743.32$98,203
Jun 20251,2927,93466.483.13$110,715
May 20251,4387,81060.553.23$112,315
Apr 20251,3007,46162.363.54$107,503
Mar 20251,2907,64167.704.27$119,947
Feb 20251,1756,19970.884.34$110,193
Jan 20251,4755,79774.324.28$134,426
Dec 20241,6216,90168.993.12$133,373
Nov 20241,3007,56769.052.20$106,401
Oct 20241,7489,24371.372.28$145,842
Sep 20243,29817,92569.612.36$271,955
Aug 20241,8449,98875.632.06$160,073
Jul 20246653,15779.932.15$59,930
Jun 20240078.082.63$0
May 202420078.812.20$1,576
Apr 20244182,91084.451.66$40,128
Mar 20241,0038,38980.301.55$93,503
Feb 20241,0248,12376.091.78$92,405
Jan 20241,1979,75373.023.30$119,567
Dec 20231,27310,36071.262.61$117,761
Nov 20231,0197,40177.892.81$100,149
Oct 20231,2099,79585.443.09$133,537
Sep 20231,1889,57789.042.74$131,973
Aug 20231,23511,06880.522.67$129,026
Jul 20231,29810,69174.852.64$125,399
Jun 20231,22710,41468.962.26$108,134
May 20231,27710,67170.622.23$113,950
Apr 20231,35510,49278.122.24$129,331
Mar 20231,1949,57472.852.39$109,895
Feb 20237986,99775.112.47$77,190
Jan 20231,46210,57676.533.39$147,715
Dec 20221,2239,76076.415.73$149,365
Nov 20221,0878,87485.005.65$142,499
Oct 20221,2979,44287.185.86$168,438
Sep 20221,28810,05484.888.16$191,403
Aug 20221,36510,04494.529.13$220,693
Jul 20221,33810,767101.587.54$217,120
Jun 20221,50311,248115.097.98$262,708
May 20221,3709,866109.378.43$233,037
Apr 20221,50211,666104.226.84$236,306
Mar 20221,62611,113108.885.08$233,453
Feb 20221,3589,20891.054.86$168,386
Jan 20221,14611,52481.844.54$146,081
Dec 20211,64212,09971.323.90$164,283
Nov 20211,66711,53977.435.24$189,504
Oct 20211,72812,90079.795.71$211,586
Sep 20211,77312,49269.865.35$190,705
Aug 20211,91712,66866.024.22$180,027
Jul 20211,64410,33370.783.98$157,509
Jun 20211,77010,38969.493.38$158,119
May 20211,7179,94063.483.02$138,991
Apr 20211,6809,60060.362.76$127,886
Mar 20211,82810,26961.302.72$139,957
Feb 20211,4875,87757.805.55$118,554
Jan 20211,59411,00150.412.81$111,269
Dec 20201,73911,19044.642.68$107,567
Nov 20201,4498,22538.772.71$78,439
Oct 20201,8019,11836.972.48$89,181
Sep 20201,7797,98437.091.99$81,880
Aug 20201,7729,11439.982.39$92,582
Jul 20201,6579,50938.371.83$80,934
Jun 20201,8289,85334.901.69$80,452
May 20206842,76816.921.81$16,597
Apr 20201,5658,56114.751.80$38,531
Mar 20201,8539,40030.341.86$73,669
Feb 20201,8659,62949.881.98$112,098
Jan 20202,11011,09757.252.09$144,043
Dec 20192,16812,36059.012.30$156,416
Nov 20192,0179,32955.302.75$137,201
Oct 20193,25317,09153.472.42$215,273
Sep 20197,91634,25855.052.66$526,809
Aug 20198,11936,72253.112.30$515,821
Jul 20194,36917,06056.272.46$287,812
Jun 20191,9595,31152.782.49$116,627
May 20193574,93458.482.74$34,398
Apr 2019606662.632.75$3,939
Mar 201953959356.803.06$32,431
Feb 201903650.852.79$101
Jan 20191,0525,77146.033.23$67,053
Dec 20182,79114,38946.594.19$190,257
Nov 20183,21818,68452.934.24$249,497
Oct 20182,84719,04161.443.40$239,623
Sep 20183,25117,05959.543.11$246,584
Aug 20183,35321,73559.403.07$265,820
Jul 20183,34922,92765.142.93$285,373
Jun 20183,52422,29460.183.08$280,671
May 20183,55323,27765.382.90$299,817
Apr 20183,66321,98063.842.90$297,606
Mar 20183,71023,68761.222.79$293,138
Feb 20182,69120,96061.782.77$224,228
Jan 20184,13022,10662.874.01$348,283
Dec 20174,02023,41657.272.92$298,636
Nov 20173,95625,26055.423.12$298,011
Oct 20174,12227,38949.292.98$284,893
Sep 20174,30126,43547.523.09$285,996
Aug 20174,52528,67545.373.00$291,450
Jul 20173,89827,35743.873.09$255,464
Jun 20174,90129,57842.493.09$299,559
May 20174,72530,83245.373.26$314,990
Apr 20175,08431,83947.933.21$345,930
Mar 20175,39132,70846.772.98$349,727
Feb 20175,65832,92250.452.95$382,652
Jan 20175,08534,42449.413.42$368,939
Dec 20165,26733,22948.763.72$380,525
Nov 20165,70735,93042.492.64$337,502
Oct 20167,03037,55846.193.09$440,780
Sep 20166,97239,70841.553.10$412,806
Aug 20167,68745,13841.442.92$450,548
Jul 20168,22948,34441.622.92$483,865
Jun 20168,27848,21945.352.69$504,915
May 20169,70557,59942.521.99$527,339
Apr 201610,22558,91136.561.99$491,120
Mar 201611,55959,84233.011.79$488,920
Feb 201612,87868,18026.472.06$481,579
Jan 201616,02673,30927.352.36$611,640
Dec 20154,80524,00032.362.00$203,524
Nov 201514,04369,13038.792.17$694,555
Oct 201518,20580,68643.552.43$988,619
Sep 201519,339102,13142.992.76$1,113,104
Aug 201522,968109,92740.162.87$1,238,159
Jul 201520,59096,35448.152.95$1,275,179

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         1,484 bbl  × $106.41 =   $157,912
Gas                7,238 Mcf  × $  3.05 =    $22,046

────────────────────────────────────────────────────
Month total                                 $179,958

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/283071 is the state's own key, not one this site invented.