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ELECTRIC STATE 57-33

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 283346District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$71.9 M
Jan 2017 – May 2026
Value, last 12 filed months
$4.5 M
at the published price for each month
Months reported
113
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 Gas112018-05-17221421
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
CondensateDisposition861,962 bbl$49,447,382
GasProduction6,709,189 Mcf$22,414,489
Total$71,861,871

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 31.5255, -103.8465. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52546, -103.84653 · 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
10,381 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 10,381 ft.

Completions filed
Feb 2017
1 of 1 wells

1 well

42-389352041H10,381 ftFeb 2017——

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 (113)

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

113 months

May 20263,23837,095106.413.05$457,541
Apr 20263,30236,38898.932.87$431,090
Mar 20263,09136,99389.753.15$393,924
Feb 20263,04233,06763.503.75$317,179
Jan 20263,70837,76159.138.00$521,264
Dec 20253,83237,62756.664.41$383,183
Nov 20253,24237,06858.593.93$335,494
Oct 20253,54338,82359.383.30$338,687
Sep 20253,41037,98662.743.08$330,823
Aug 20253,30940,08563.933.01$332,391
Jul 20252,64341,16866.743.32$312,874
Jun 20252,89440,54366.483.13$319,241
May 20253,04839,35060.553.23$311,748
Apr 20253,01439,73862.363.54$328,750
Mar 20253,92942,50867.704.27$447,431
Feb 20253,46438,67570.884.34$413,410
Jan 20253,60142,04974.324.28$447,541
Dec 20243,93744,72168.993.12$411,204
Nov 20243,56040,86369.052.20$335,653
Oct 20243,30342,50471.372.28$332,704
Sep 20242,80240,62569.612.36$291,099
Aug 20242,83442,20075.632.06$301,421
Jul 20242,76842,48479.932.15$312,442
Jun 20241,79139,32278.082.63$243,415
May 20241,89745,85178.812.20$250,303
Apr 20242,38247,05984.451.66$279,240
Mar 20242,43047,53480.301.55$268,575
Feb 20242,199076.091.78$167,322
Jan 20242,47354,06773.023.30$358,873
Dec 20232,55553,63971.262.61$322,106
Nov 20232,57550,03077.892.81$341,029
Oct 20232,40951,25985.443.09$364,076
Sep 20232,43348,54689.042.74$349,410
Aug 20233,71955,60680.522.67$448,082
Jul 20234,16953,36774.852.64$453,035
Jun 20233,32744,44968.962.26$329,817
May 20234,20857,00970.622.23$424,151
Apr 20234,57056,42978.122.24$483,283
Mar 20234,07558,87372.852.39$437,756
Feb 20233,86153,98675.112.47$423,112
Jan 20234,18458,19776.533.39$517,357
Dec 20224,38557,86976.415.73$666,594
Nov 20224,09255,69585.005.65$662,285
Oct 20224,77059,25587.185.86$763,306
Sep 20225,48856,21984.888.16$924,775
Aug 20225,30559,21094.529.13$1,041,848
Jul 20224,65559,620101.587.54$922,514
Jun 20224,86657,996115.097.98$1,022,674
May 20225,05559,728109.378.43$1,056,554
Apr 20225,39457,191104.226.84$953,212
Mar 20225,53356,699108.885.08$890,260
Feb 20225,45952,31191.054.86$751,213
Jan 20225,90858,95881.844.54$751,043
Dec 20215,75859,37571.323.90$642,171
Nov 20215,56557,98177.435.24$734,536
Oct 20215,92264,55779.795.71$841,387
Sep 20215,79163,92269.865.35$746,601
Aug 20216,17668,11166.024.22$695,208
Jul 20216,44269,06970.783.98$731,003
Jun 20216,19268,36569.493.38$661,398
May 20216,95572,80263.483.02$661,196
Apr 20217,02670,74860.362.76$619,242
Mar 20217,76667,33561.302.72$659,001
Feb 20214,59351,65557.805.55$552,055
Jan 20218,18569,29350.412.81$607,338
Dec 20207,35772,06144.642.68$521,213
Nov 20208,06371,12438.772.71$505,105
Oct 20208,00084,68336.972.48$505,641
Sep 20209,31287,09437.091.99$518,790
Aug 20208,51787,34339.982.39$548,831
Jul 20209,846103,37738.371.83$566,466
Jun 20209,56196,85034.901.69$497,385
May 202011,589113,05316.921.81$401,249
Apr 202012,433125,92214.751.80$410,598
Mar 202018,447166,81730.341.86$869,333
Feb 202031,337190,87449.881.98$1,941,148
Jan 202011,50053,70257.252.09$770,867
Dec 20191,1176,39959.012.30$80,660
Nov 20194,28823,98355.302.75$303,096
Oct 20193,70520,18853.472.42$246,932
Sep 20192,08111,68055.052.66$145,596
Aug 20192,85115,01853.112.30$186,023
Jul 20192,97213,97656.272.46$201,616
Jun 20196,28127,97152.782.49$401,193
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20197,51539,70956.803.06$548,445
Feb 20198,70548,69450.852.79$578,614
Jan 201910,07053,92146.033.23$637,589
Dec 201810,08355,52146.594.19$702,147
Nov 201810,38157,32652.934.24$792,370
Oct 201811,02461,20761.443.40$885,301
Sep 201811,28659,58959.543.11$857,171
Aug 201811,87961,21959.403.07$893,344
Jul 201812,33165,80865.142.93$996,183
Jun 201812,72365,15960.183.08$966,159
May 201813,66071,01865.382.90$1,099,100
Apr 201814,06263,72863.842.90$1,082,580
Mar 201815,32379,09361.222.79$1,158,494
Feb 201814,82578,35961.782.77$1,132,639
Jan 201812,96264,69562.874.01$1,074,304
Dec 201718,30985,95957.272.92$1,299,687
Nov 201718,26893,95555.423.12$1,305,398
Oct 201719,14494,32649.292.98$1,225,046
Sep 201719,52496,10847.523.09$1,224,493
Aug 201723,004110,11745.373.00$1,374,527
Jul 201724,390118,83643.873.09$1,436,869
Jun 201723,287106,93342.493.09$1,319,597
May 201725,215112,68345.373.26$1,511,734
Apr 201728,222118,74447.933.21$1,734,039
Mar 201728,335125,45046.772.98$1,699,531
Feb 201720,08489,36350.452.95$1,277,091
Jan 2017424649.413.42$2,232

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         3,238 bbl  × $106.41 =   $344,556
Gas               37,095 Mcf  × $  3.05 =   $112,985

────────────────────────────────────────────────────
Month total                                 $457,541

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/283346 is the state's own key, not one this site invented.