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COURTHOUSE 57-27

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 283195District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.4 M
May 2015 – May 2026
Value, last 12 filed months
$850 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 Gas112018-12-11218177
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
CondensateDisposition373,722 bbl$18,890,221
GasProduction2,598,176 Mcf$7,553,877
Total$26,444,099

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 31.8112, -103.9438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81119, -103.94380 · 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
9,899 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 9,899 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-389344481H9,899 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 20267138,455106.413.05$101,623
Apr 20267017,28898.932.87$90,264
Mar 20263636,01889.753.15$51,533
Feb 20265145,76263.503.75$54,248
Jan 20265975,82059.138.00$81,849
Dec 20253154,53656.664.41$37,867
Nov 20257108,17558.593.93$73,698
Oct 20259317,24359.383.30$79,220
Sep 20256648,36962.743.08$67,410
Aug 20256858,92763.933.01$70,705
Jul 20257377,41566.743.32$73,770
Jun 20256847,00166.483.13$67,376
May 20258617,68560.553.23$76,974
Apr 20256847,47262.363.54$69,128
Mar 20258917,92467.704.27$94,143
Feb 20258015,60470.884.34$81,101
Jan 20256214,61074.324.28$65,877
Dec 20249147,10568.993.12$85,234
Nov 20247066,79869.052.20$63,694
Oct 20241,1068,23271.372.28$97,716
Sep 20241,51511,17069.612.36$131,869
Aug 20241,09411,12975.632.06$105,705
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024102078.812.20$8,039
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20241837676.091.78$14,060
Jan 20245553,27273.023.30$51,316
Dec 20237165,93971.262.61$66,527
Nov 20239306,24177.892.81$89,960
Oct 20231,0978,25185.443.09$119,201
Sep 20232,29418,14889.042.74$253,893
Aug 20235,58146,11680.522.67$572,645
Jul 202392916,81174.852.64$113,947
Jun 20234781,51968.962.26$36,394
May 20239187,19370.622.23$80,851
Apr 20231,0406,24878.122.24$95,226
Mar 20231,0995,98272.852.39$94,378
Feb 20231,2877,40375.112.47$114,920
Jan 20239278,72076.533.39$100,484
Dec 20228506,33676.415.73$101,248
Nov 20221,2556,56485.005.65$143,737
Oct 20229098,55687.185.86$129,417
Sep 20221,2168,56484.888.16$173,128
Aug 20221,1116,79994.529.13$167,067
Jul 20227147,122101.587.54$126,243
Jun 20221,3008,068115.097.98$213,977
May 20221,4768,686109.378.43$234,680
Apr 20221,1037,783104.226.84$168,172
Mar 20221,1367,059108.885.08$159,522
Feb 20227514,47791.054.86$90,132
Jan 20227615,15581.844.54$85,672
Dec 20211,3037,46271.323.90$122,025
Nov 20219857,14177.435.24$113,665
Oct 20211,2857,18579.795.71$143,584
Sep 20219347,12069.865.35$103,348
Aug 20211,1007,14866.024.22$102,791
Jul 20214234,20570.783.98$46,685
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210560.362.76$14
Mar 20212041961.302.72$12,557
Feb 20217603,14657.805.55$61,382
Jan 20211,49211,74250.412.81$108,210
Dec 20202,01711,44544.642.68$120,660
Nov 20201,25913,85338.772.71$86,306
Oct 20201,13114,02536.972.48$76,573
Sep 20202,24415,90337.091.99$114,893
Aug 20201,63916,38639.982.39$104,609
Jul 20202,48819,27338.371.83$130,640
Jun 20201,71215,45034.901.69$85,864
May 20202,00715,46216.921.81$62,018
Apr 20202,43026,61914.751.80$83,873
Mar 20202,39015,96430.341.86$102,145
Feb 20201,65220,32449.881.98$122,657
Jan 20201,86214,92957.252.09$137,872
Dec 20192,27111,81259.012.30$161,231
Nov 20192,12028,13755.302.75$194,632
Oct 20191,67531,57653.472.42$165,930
Sep 20192,41035,84655.052.66$227,923
Aug 20192,30434,99553.112.30$203,007
Jul 20192,60717,43556.272.46$189,587
Jun 20192,26014,12252.782.49$154,464
May 20193,37220,25658.482.74$252,702
Apr 20193,82522,45362.632.75$301,321
Mar 20194,34423,86956.803.06$319,828
Feb 20192,93020,77850.852.79$207,007
Jan 20193,31523,71346.033.23$229,139
Dec 20184,64726,02646.594.19$325,434
Nov 20183,31023,40052.934.24$274,350
Oct 20184,25529,99561.443.40$363,353
Sep 20185,26232,43659.543.11$414,111
Aug 20183,45524,02659.403.07$278,904
Jul 20182,77824,49965.142.93$252,787
Jun 20182,95323,17160.183.08$249,007
May 20183,22927,38265.382.90$290,542
Apr 20183,60828,75163.842.90$313,736
Mar 20183,40627,07461.222.79$283,966
Feb 20183,79127,90161.782.77$311,385
Jan 20183,65729,13762.874.01$346,735
Dec 20171,85614,99257.272.92$150,093
Nov 20173,23624,03055.423.12$254,273
Oct 20174,96028,74849.292.98$330,253
Sep 20175,68635,04347.523.09$378,386
Aug 20175524,90845.373.00$39,790
Jul 20171,13513,03243.873.09$90,026
Jun 20171,64312,97642.493.09$109,872
May 20171,74313,25745.373.26$122,343
Apr 20172,94423,27847.933.21$215,866
Mar 20173,54825,93446.772.98$243,319
Feb 20173,44424,45850.452.95$245,964
Jan 20173,38120,80549.413.42$238,183
Dec 20163,87329,17348.763.72$297,454
Nov 20164,26629,76142.492.64$259,961
Oct 20164,72630,20946.193.09$311,648
Sep 20165,81734,52841.553.10$348,755
Aug 20165,98740,87741.442.92$367,640
Jul 20166,22544,78141.622.92$390,039
Jun 20166,88848,92445.352.69$443,772
May 20168,17558,41842.521.99$463,914
Apr 20167,76555,78936.561.99$394,967
Mar 20169,18355,95533.011.79$403,515
Feb 201611,04666,79126.472.06$430,220
Jan 201613,09075,74227.352.36$537,093
Dec 20157,02337,78032.362.00$302,878
Nov 201511,81970,26438.792.17$610,744
Oct 201512,50372,71543.552.43$720,954
Sep 201516,08989,48542.992.76$938,503
Aug 201514,66285,85940.162.87$835,455
Jul 201515,24777,39748.152.95$962,083
Jun 201516,21190,16256.152.88$1,170,172
May 20152,3738,68355.212.96$156,676

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           713 bbl  × $106.41 =    $75,870
Gas                8,455 Mcf  × $  3.05 =    $25,753

────────────────────────────────────────────────────
Month total                                 $101,623

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/283195 is the state's own key, not one this site invented.