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BIG TIMBER STATE 57-25 UNIT

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 283094District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$40.5 M
May 2015 – May 2026
Value, last 12 filed months
$492 k
at the published price for each month
Months reported
133
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 Gas112018-12-11218341
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
CondensateDisposition629,197 bbl$31,273,880
GasProduction3,135,641 Mcf$9,220,318
Total$40,494,198

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 31.5403, -103.8081. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54025, -103.80814 · 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
10,416 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 10,416 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-389346331H10,416 ftMay 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 (133)

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

133 months

May 20263244,225106.413.05$47,346
Apr 20263084,23898.932.87$42,632
Mar 20262926,03589.753.15$45,214
Feb 20263824,18063.503.75$39,933
Jan 20263784,17159.138.00$55,710
Dec 20253614,11956.664.41$38,633
Nov 20253914,31058.593.93$39,832
Oct 20253964,47159.383.30$38,290
Sep 20252844,57962.743.08$31,907
Aug 20254454,91163.933.01$43,254
Jul 20252694,21266.743.32$31,917
Jun 20253803,86766.483.13$37,361
May 20253374,30160.553.23$34,308
Apr 20254844,68262.363.54$46,771
Mar 20255484,68067.704.27$57,075
Feb 20253223,06670.884.34$36,132
Jan 20254644,65574.324.28$54,402
Dec 20244064,88968.993.12$43,270
Nov 20244955,10369.052.20$45,398
Oct 20245395,32771.372.28$50,621
Sep 20244445,82169.612.36$44,670
Aug 20244816,00475.632.06$48,768
Jul 20244914,75979.932.15$49,461
Jun 20247156,51078.082.63$72,974
May 202487610,80178.812.20$92,783
Apr 20247205,97684.451.66$70,719
Mar 20245675,97180.301.55$54,756
Feb 2024856076.091.78$65,133
Jan 20246786,68873.023.30$71,562
Dec 20238069,10671.262.61$81,209
Nov 20236926,60677.892.81$72,447
Oct 20237707,31685.443.09$88,375
Sep 20235846,23789.042.74$69,058
Aug 20238080.522.67$644
Jul 20237107,58974.852.64$73,192
Jun 20235855,03268.962.26$51,706
May 20237977,05670.622.23$72,001
Apr 20239739,39378.122.24$97,030
Mar 20238678,11072.852.39$82,569
Feb 20237496,23075.112.47$71,619
Jan 20238928,21176.533.39$96,081
Dec 20228575,94776.415.73$99,554
Nov 20229569,70985.005.65$136,079
Oct 20229027,47787.185.86$122,480
Sep 20227495,98684.888.16$112,443
Aug 20222132,09094.529.13$39,209
Jul 20221,1468,820101.587.54$182,932
Jun 20221,31910,672115.097.98$236,936
May 20221,0087,386109.378.43$172,531
Apr 20229507,699104.226.84$151,652
Mar 20228537,028108.885.08$128,552
Feb 20221411,15891.054.86$18,465
Jan 20221,2137,95181.844.54$135,351
Dec 20211,2477,75371.323.90$119,166
Nov 20211,4148,37677.435.24$153,350
Oct 20211,5059,41279.795.71$173,863
Sep 20211,5079,67369.865.35$157,038
Aug 20212,12212,84366.024.22$194,299
Jul 20212,93121,28670.783.98$292,219
Jun 20211,1616,09869.493.38$101,293
May 20211,3344,97763.483.02$99,701
Apr 20211,2774,76060.362.76$90,210
Mar 20212391,04561.302.72$17,490
Feb 20211,6479,61957.805.55$148,562
Jan 20212,29112,35150.412.81$150,199
Dec 20202,46213,36944.642.68$145,672
Nov 20202,50313,63638.772.71$133,948
Oct 20202,51311,47336.972.48$121,341
Sep 20202,68212,31337.091.99$123,991
Aug 20202,90516,58539.982.39$155,699
Jul 20202,55914,04238.371.83$123,817
Jun 20202,67214,23234.901.69$117,309
May 20202,75914,80116.921.81$73,542
Apr 20202,46414,66014.751.80$62,796
Mar 20202,83215,33730.341.86$114,392
Feb 20202,64114,67749.881.98$160,803
Jan 20203,89919,31957.252.09$263,686
Dec 20194,00422,30959.012.30$287,684
Nov 20192,18111,89555.302.75$153,329
Oct 20191,99911,92453.472.42$135,725
Sep 20192,50812,74955.052.66$171,943
Aug 20193,07515,22153.112.30$198,388
Jul 20193,09814,75956.272.46$210,632
Jun 20195,06624,52752.782.49$328,485
May 20192,90314,22458.482.74$208,746
Apr 20190062.632.75$0
Mar 20193,31117,97056.803.06$243,091
Feb 20195,46229,56150.852.79$360,284
Jan 20196,21434,26846.033.23$396,654
Dec 20186,30334,31246.594.19$437,268
Nov 20186,54034,80952.934.24$493,656
Oct 20187,11038,87161.443.40$568,925
Sep 20187,07838,60959.543.11$541,421
Aug 20187,02734,82759.403.07$524,203
Jul 20187,29037,72365.142.93$585,470
Jun 20186,93737,18260.183.08$531,875
May 20187,81640,41865.382.90$628,255
Apr 20188,37539,76763.842.90$650,016
Mar 20186,66135,37261.222.79$506,363
Feb 20185,62332,05161.782.77$436,046
Jan 20184,51323,01962.874.01$376,023
Dec 20176,80129,18957.272.92$474,770
Nov 20174,27119,07955.423.12$296,194
Oct 201710,71053,41049.292.98$687,254
Sep 20179,60444,48347.523.09$593,714
Aug 201710,82750,46445.373.00$642,835
Jul 201710,64748,33943.873.09$616,320
Jun 201710,02644,25542.493.09$562,632
May 201710,23549,98345.373.26$627,476
Apr 20179,83946,20547.933.21$619,975
Mar 20179,45645,53246.772.98$578,110
Feb 20171,3965,46450.452.95$86,561
Jan 20178,80942,39049.413.42$580,176
Dec 201614,06947,31648.763.72$862,154
Nov 201615,11368,06742.492.64$822,144
Oct 20165,50324,88146.193.09$331,072
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20169,53041,62541.622.92$518,364
Jun 201613,37464,09545.352.69$778,659
May 201616,79775,58342.521.99$864,697
Apr 201617,02377,94036.561.99$777,543
Mar 201616,61869,17133.011.79$672,654
Feb 20168,60238,47226.472.06$307,087
Jan 20167,93229,44927.352.36$286,568
Dec 20159,86944,31932.362.00$408,061
Nov 201518,01278,55338.792.17$868,936
Oct 201518,54885,11543.552.43$1,014,304
Sep 201520,97497,14842.992.76$1,169,647
Aug 201525,374115,64740.162.87$1,351,215
Jul 201525,310112,28848.152.95$1,549,374
Jun 201543,921213,18856.152.88$3,080,755
May 201534,974149,62755.212.96$2,373,130

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           324 bbl  × $106.41 =    $34,477
Gas                4,225 Mcf  × $  3.05 =    $12,869

────────────────────────────────────────────────────
Month total                                  $47,346

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/283094 is the state's own key, not one this site invented.