WOOD STATE 57-26 UNIT B

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 283355District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.0 M
Dec 2016 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
114
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 Gas112019-02-12221392
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
CondensateDisposition396,005 bbl$22,351,846
GasProduction2,580,291 Mcf$8,628,776
Total$30,980,622

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 31.5401, -103.8234. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54010, -103.82339 · 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
10,371 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 10,371 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-389346692H10,371 ftJan 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 (114)

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

114 months

May 20261,60213,757106.413.05$212,370
Apr 20261,24910,23298.932.87$152,927
Mar 20261,45811,12889.753.15$165,902
Feb 20261,38813,27163.503.75$137,909
Jan 20261,48914,53259.138.00$204,270
Dec 20251,44111,99156.664.41$134,568
Nov 20251,28810,26858.593.93$115,781
Oct 20256145,20659.383.30$53,664
Sep 20253415,68762.743.08$50,401
Aug 20252020,34563.933.01$62,614
Jul 2025154066.743.32$10,278
Jun 2025214066.483.13$14,227
May 2025129060.553.23$7,811
Apr 202530062.363.54$1,871
Mar 202532067.704.27$2,166
Feb 202542070.884.34$2,977
Jan 202512,53374.324.28$10,912
Dec 2024188,16768.993.12$26,734
Nov 2024410,07969.052.20$22,434
Oct 2024811,37971.372.28$26,531
Sep 202438,22569.612.36$19,656
Aug 2024012775.632.06$262
Jul 202401,75979.932.15$3,776
Jun 20244078.082.63$312
May 2024103078.812.20$8,117
Apr 20241284.451.66$88
Mar 202441,82880.301.55$3,146
Feb 20240176.091.78$2
Jan 20248673.023.30$604
Dec 202361071.262.61$4,347
Nov 20231,12713,53377.892.81$125,777
Oct 20231,70320,21885.443.09$207,923
Sep 20231,54811,80289.042.74$170,113
Aug 202344810180.522.67$36,343
Jul 20234062,81374.852.64$37,820
Jun 20233714268.962.26$2,872
May 20237639,18970.622.23$74,351
Apr 20238888,19578.122.24$87,709
Mar 20230072.852.39$0
Feb 20231,51215,58475.112.47$151,991
Jan 202369017,59876.533.39$112,423
Dec 202283824,21376.415.73$202,750
Nov 202291522,59785.005.65$205,362
Oct 202297813,93887.185.86$166,991
Sep 20221,00515,16984.888.16$209,139
Aug 20221,78820,32794.529.13$354,530
Jul 20221,84422,724101.587.54$358,700
Jun 20221,21714,322115.097.98$254,314
May 202286117,612109.378.43$242,690
Apr 20222,22318,532104.226.84$358,395
Mar 20221,31216,406108.885.08$226,134
Feb 20222,05420,22291.054.86$285,272
Jan 20222,27620,42681.844.54$278,954
Dec 20212,20922,81171.323.90$246,489
Nov 20212,15422,17177.435.24$282,890
Oct 20212,74425,28479.795.71$363,413
Sep 202140814,98069.865.35$108,660
Aug 20211687,39866.024.22$42,315
Jul 20216714,39570.783.98$62,064
Jun 20212,00723,96069.493.38$220,466
May 20212,94127,89763.483.02$270,879
Apr 20213,37034,88360.362.76$299,635
Mar 20213,78540,78561.302.72$342,831
Feb 20213,13733,74157.805.55$368,512
Jan 20213,00733,04650.412.81$244,451
Dec 20203,59235,22844.642.68$254,598
Nov 20204,46837,64738.772.71$275,119
Oct 20204,04934,69436.972.48$235,678
Sep 20201,95325,11237.091.99$122,436
Aug 20202,57927,06539.982.39$167,661
Jul 20203,78129,91938.371.83$199,683
Jun 20201,50620,09434.901.69$86,524
May 20202,07722,49916.921.81$75,973
Apr 20204,72733,03314.751.80$129,327
Mar 20204,55027,23330.341.86$188,598
Feb 20204,87827,23649.881.98$297,260
Jan 20205,48532,63457.252.09$382,376
Dec 20195,02832,74159.012.30$372,149
Nov 20195,14329,97055.302.75$366,846
Oct 20195,88532,79553.472.42$393,987
Sep 20195,77137,19555.052.66$416,531
Aug 20195,96134,75853.112.30$396,684
Jul 20195,86132,98156.272.46$410,934
Jun 20196,74438,24152.782.49$451,214
May 20196,25233,79658.482.74$458,229
Apr 20195,48533,94662.632.75$436,901
Mar 20196,14927,33656.803.06$432,969
Feb 20196,26232,40750.852.79$408,910
Jan 20196,99837,58246.033.23$443,439
Dec 20187,63639,13146.594.19$519,542
Nov 20187,56740,90952.934.24$573,863
Oct 20188,70545,73161.443.40$690,233
Sep 20188,47443,99359.543.11$641,272
Aug 20187,82633,10159.403.07$566,371
Jul 20189,05254,76965.142.93$750,223
Jun 20189,32645,34860.183.08$700,771
May 201810,40346,97065.382.90$816,399
Apr 201812,12556,37963.842.90$937,604
Mar 201812,33160,18761.222.79$922,635
Feb 20187,46331,13961.782.77$547,198
Jan 201810,70151,89562.874.01$880,836
Dec 20179,60240,15457.272.92$667,217
Nov 201713,17163,65355.423.12$928,430
Oct 201712,02863,89049.292.98$783,487
Sep 201711,14657,77447.523.09$708,022
Aug 201713,58763,03545.373.00$805,825
Jul 201713,71066,33143.873.09$806,240
Jun 201712,78557,54742.493.09$720,898
May 201711312445.373.26$5,531
Apr 20172,6523,72947.933.21$139,086
Mar 20174,36416,95446.772.98$254,690
Feb 20175,81920,71850.452.95$354,741
Jan 20176,39623,14049.413.42$395,137
Dec 2016101148.763.72$529

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         1,602 bbl  × $106.41 =   $170,469
Gas               13,757 Mcf  × $  3.05 =    $41,902

────────────────────────────────────────────────────
Month total                                 $212,370

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/283355 is the state's own key, not one this site invented.