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BIG SKY 55-16

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 283366District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.2 M
Jul 2016 – May 2026
Value, last 12 filed months
$261 k
at the published price for each month
Months reported
119
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 Gas112019-10-11221418
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
CondensateDisposition348,928 bbl$19,481,051
GasProduction1,434,088 Mcf$4,687,503
Total$24,168,554

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 31.5932, -103.7915. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59322, -103.79153 · 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
10,568 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 10,568 ft.

Completions filed
Jul 2016
1 of 1 wells

1 well

42-389327301H10,568 ftJul 2016——

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 (119)

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

119 months

May 20261922,378106.413.05$27,674
Apr 20261161,69698.932.87$16,343
Mar 20262982,25889.753.15$33,857
Feb 202643485263.503.75$30,754
Jan 20268186059.138.00$11,668
Dec 20253101,17456.664.41$22,746
Nov 20251681,52458.593.93$15,827
Oct 20253651,76959.383.30$27,520
Sep 20251981,77462.743.08$17,881
Aug 20252582,68463.933.01$24,586
Jul 20252131,62166.743.32$19,590
Jun 20251081,56966.483.13$12,089
May 20251831,15960.553.23$14,827
Apr 20254211,02862.363.54$29,896
Mar 20252711,46267.704.27$24,587
Feb 20252001,50870.884.34$20,722
Jan 20254852,47774.324.28$46,643
Dec 20243042,35368.993.12$28,318
Nov 202481,40469.052.20$3,639
Oct 20248015,91971.372.28$70,671
Sep 20247435,13469.612.36$63,859
Aug 20249725,92475.632.06$85,737
Jul 20248105,76879.932.15$77,125
Jun 20241,0636,25378.082.63$99,469
May 20241,1159,37278.812.20$108,477
Apr 20241,0948,38984.451.66$106,307
Mar 20241,0407,46480.301.55$95,045
Feb 2024920076.091.78$70,003
Jan 20248884,26673.023.30$78,910
Dec 20231,0255,03071.262.61$86,173
Nov 20239865,88977.892.81$93,333
Oct 20231,0506,27885.443.09$109,094
Sep 20231,0767,00589.042.74$114,966
Aug 20231,0466,74580.522.67$102,253
Jul 20239455,97574.852.64$86,518
Jun 20239035,54068.962.26$74,783
May 20231,0906,47270.622.23$91,392
Apr 20231,1356,36778.122.24$102,914
Mar 20231,2717,44872.852.39$110,417
Feb 20231,1476,28875.112.47$101,655
Jan 20231,5028,78276.533.39$144,699
Dec 20221,4828,40076.415.73$161,364
Nov 20221,3887,51785.005.65$160,422
Oct 20221,4838,17087.185.86$177,195
Sep 20221,3267,84284.888.16$176,570
Aug 20221,5098,45694.529.13$219,810
Jul 20221,5998,891101.587.54$229,483
Jun 20221,75010,398115.097.98$284,354
May 20221,6419,206109.378.43$257,111
Apr 20221,7198,542104.226.84$237,561
Mar 20221,7889,133108.885.08$241,040
Feb 20221,6657,49291.054.86$188,001
Jan 20222,08910,16281.844.54$217,076
Dec 20212,44112,64471.323.90$223,393
Nov 20212,4409,71177.435.24$239,784
Oct 20212,09811,40379.795.71$232,555
Sep 20212,27610,42269.865.35$214,769
Aug 20212,76112,46266.024.22$234,878
Jul 20213,13713,59870.783.98$276,185
Jun 20211,9509,80669.493.38$168,656
May 20216,45633,44463.483.02$510,750
Apr 20211,3446,40860.362.76$98,800
Mar 2021307861.302.72$2,051
Feb 202176057.805.55$4,393
Jan 202114310750.412.81$7,509
Dec 20203344.642.68$142
Nov 20201,0004,98938.772.71$52,273
Oct 20201,8829,83336.972.48$93,948
Sep 20201,8929,49637.091.99$89,081
Aug 20201,8749,55239.982.39$97,705
Jul 20202,04410,06638.371.83$96,800
Jun 20201,6988,58334.901.69$73,768
May 20202,00710,48216.921.81$52,981
Apr 20202,02610,76414.751.80$49,306
Mar 20202,22411,14130.341.86$88,156
Feb 20201,95910,06749.881.98$117,654
Jan 20202,28211,30457.252.09$154,323
Dec 20192,47210,81059.012.30$170,783
Nov 20192,37311,81055.302.75$163,713
Oct 20192,55012,86453.472.42$167,461
Sep 20192,38711,83555.052.66$162,853
Aug 20192,55711,75453.112.30$162,888
Jul 20192,60113,27456.272.46$179,013
Jun 20192,46311,02752.782.49$157,468
May 20192,46611,53258.482.74$175,813
Apr 20192,44110,44962.632.75$181,622
Mar 20194,40416,97056.803.06$302,111
Feb 20194,36416,10850.852.79$266,886
Jan 20192,88110,85946.033.23$167,667
Dec 20181,2084,83146.594.19$76,501
Nov 20184,32516,81652.934.24$300,176
Oct 20185,00819,62761.443.40$374,386
Sep 20185,59020,88659.543.11$397,742
Aug 20183,65914,75159.403.07$262,579
Jul 20184,38216,82065.142.93$334,758
Jun 20185,40920,27660.183.08$387,901
May 20186,94425,37165.382.90$527,595
Apr 20187,06825,64463.842.90$525,609
Mar 20187,64427,50661.222.79$544,621
Feb 20187,38325,76961.782.77$527,402
Jan 20187,96628,20362.874.01$613,897
Dec 20177,54625,26857.272.92$505,980
Nov 20174,24915,34655.423.12$283,334
Oct 20178562,62049.292.98$50,009
Sep 20175,03620,30547.523.09$301,998
Aug 20175,62722,12645.373.00$321,772
Jul 20175,93222,40243.873.09$329,398
Jun 20175,51519,91442.493.09$295,812
May 20176,08324,10145.373.26$354,637
Apr 20176,79526,55847.933.21$410,978
Mar 20177,81627,82546.772.98$448,575
Feb 20178,11928,96550.452.95$495,126
Jan 20179,24932,60249.413.42$568,453
Dec 201611,40638,36248.763.72$698,972
Nov 201613,57846,46942.492.64$699,810
Oct 201615,55450,41546.193.09$874,235
Sep 201618,36259,47841.553.10$947,360
Aug 201623,08072,47741.442.92$1,168,383
Jul 20168634,63341.622.92$49,467

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           192 bbl  × $106.41 =    $20,431
Gas                2,378 Mcf  × $  3.05 =     $7,243

────────────────────────────────────────────────────
Month total                                  $27,674

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/283366 is the state's own key, not one this site invented.