BLACKTAIL 1-34 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 283621District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$72.1 M
Aug 2016 – May 2026
Value, last 12 filed months
$4.0 M
at the published price for each month
Months reported
118
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 Gas112018-06-07221420
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
CondensateDisposition954,177 bbl$55,377,815
GasProduction5,120,222 Mcf$16,697,836
Total$72,075,651

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 31.7443, -103.7580. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74425, -103.75803 · 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
10,993 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 10,993 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-389347341H10,993 ftAug 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 (118)

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

118 months

May 20263,58523,427106.413.05$452,835
Apr 20263,55222,20798.932.87$415,127
Mar 20263,52922,56489.753.15$387,792
Feb 20263,38720,55163.503.75$292,147
Jan 20263,21519,90159.138.00$349,270
Dec 20253,64723,81456.664.41$311,739
Nov 20253,30020,67158.593.93$274,510
Oct 20253,53220,50759.383.30$277,503
Sep 20253,47723,07262.743.08$289,138
Aug 20253,66923,32063.933.01$304,863
Jul 20253,66423,34266.743.32$321,919
Jun 20253,67422,12766.483.13$313,477
May 20253,61722,95560.553.23$293,207
Apr 20253,64622,48362.363.54$307,025
Mar 20253,48722,38967.704.27$331,633
Feb 20253,42720,78670.884.34$333,134
Jan 20254,28327,24574.324.28$434,885
Dec 20244,75431,89268.993.12$427,525
Nov 20244,43428,03669.052.20$367,803
Oct 20244,13625,40071.372.28$353,134
Sep 20244,22426,37269.612.36$356,386
Aug 20244,50628,16975.632.06$398,919
Jul 20244,57328,66079.932.15$427,041
Jun 20244,40726,17378.082.63$413,038
May 20244,38125,55278.812.20$401,441
Apr 20244,59027,03084.451.66$432,474
Mar 20244,61926,88380.301.55$412,443
Feb 20244,312076.091.78$328,100
Jan 20244,67627,64173.023.30$432,592
Dec 20234,83628,09571.262.61$417,962
Nov 20234,11928,57977.892.81$401,066
Oct 20234,95228,74485.443.09$511,840
Sep 20233,95624,18789.042.74$418,395
Aug 20235,13533,51380.522.67$503,046
Jul 20234,67828,85274.852.64$426,370
Jun 20234,71427,10068.962.26$386,282
May 20235,10729,24370.622.23$425,792
Apr 20234,91327,80678.122.24$446,027
Mar 20235,37729,07572.852.39$461,296
Feb 20233,53020,61875.112.47$315,976
Jan 20234,13623,20376.533.39$395,133
Dec 20225,04831,28976.415.73$564,975
Nov 20224,15026,07385.005.65$499,963
Oct 20225,29231,07187.185.86$643,549
Sep 20224,93730,06884.888.16$664,518
Aug 20225,48231,98894.529.13$810,118
Jul 20225,20230,720101.587.54$760,112
Jun 20224,88727,386115.097.98$780,908
May 20225,66432,222109.378.43$891,201
Apr 20225,62331,846104.226.84$803,779
Mar 20226,15833,555108.885.08$840,822
Feb 20224,81728,51391.054.86$577,128
Jan 20225,81432,46181.844.54$623,115
Dec 20215,86632,92271.323.90$546,730
Nov 20215,49030,21077.435.24$583,296
Oct 20215,75233,47679.795.71$650,230
Sep 20216,30636,46269.865.35$635,642
Aug 20216,15034,39466.024.22$551,186
Jul 20214,17023,13770.783.98$387,286
Jun 20216,37537,36569.493.38$569,316
May 20216,18434,85963.483.02$497,753
Apr 20216,28134,89160.362.76$475,365
Mar 20217,19240,16461.302.72$549,993
Feb 20215,23629,34457.805.55$465,440
Jan 20217,33141,04250.412.81$484,895
Dec 20207,60743,46644.642.68$455,868
Nov 20206,95437,79238.772.71$371,893
Oct 20207,66346,30536.972.48$398,065
Sep 20208,14943,86137.091.99$389,575
Aug 20207,72443,05039.982.39$411,484
Jul 20207,68546,84038.371.83$380,362
Jun 20208,21647,67034.901.69$367,315
May 20207,56342,90016.921.81$205,819
Apr 20208,71649,08614.751.80$217,131
Mar 20208,96348,44830.341.86$361,868
Feb 20207,73244,02849.881.98$472,877
Jan 20209,35551,92457.252.09$644,341
Dec 20199,99654,72459.012.30$715,968
Nov 20199,84254,41155.302.75$693,931
Oct 201910,37957,50353.472.42$694,038
Sep 201910,23457,00855.052.66$714,868
Aug 20197,55644,44553.112.30$503,716
Jul 20198,58846,49856.272.46$597,635
Jun 20198,21145,82952.782.49$547,546
May 20198,64147,79458.482.74$636,297
Apr 20198,59145,38962.632.75$662,906
Mar 20199,01049,31856.803.06$662,785
Feb 20198,09744,74150.852.79$536,659
Jan 20199,58551,36446.033.23$607,010
Dec 20189,84252,43346.594.19$677,994
Nov 20189,85052,80252.934.24$745,095
Oct 20189,77252,86061.443.40$780,014
Sep 201810,23453,47459.543.11$775,530
Aug 201810,62058,08759.403.07$808,955
Jul 201811,01159,95665.142.93$893,040
Jun 201810,80760,86260.183.08$837,633
May 201811,67264,75665.382.90$950,960
Apr 201811,62364,67463.842.90$929,619
Mar 201812,50167,33061.222.79$952,949
Feb 201811,86563,77861.782.77$909,437
Jan 20187,85843,18962.874.01$667,191
Dec 201714,07774,45257.272.92$1,023,703
Nov 201713,51770,48855.423.12$968,919
Oct 201714,65577,90149.292.98$954,777
Sep 201714,98677,20847.523.09$950,497
Aug 201716,20886,28745.373.00$994,598
Jul 201718,51592,26643.873.09$1,097,104
Jun 201718,83394,60142.493.09$1,092,274
May 201720,346101,67645.373.26$1,254,907
Apr 201720,518102,76547.933.21$1,313,468
Mar 201722,247107,48446.772.98$1,361,190
Feb 201721,508102,05050.452.95$1,386,391
Jan 201721,972107,41549.413.42$1,452,867
Dec 201621,21491,56448.763.72$1,375,272
Nov 201622,52188,90742.492.64$1,192,019
Oct 201622,78790,29346.193.09$1,331,560
Sep 201626,598104,80541.553.10$1,430,108
Aug 20165,80023,82341.442.92$310,019

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         3,585 bbl  × $106.41 =   $381,480
Gas               23,427 Mcf  × $  3.05 =    $71,355

────────────────────────────────────────────────────
Month total                                 $452,835

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/283621 is the state's own key, not one this site invented.