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BIG SKY STATE 55-16 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 284709District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$59.0 M
Dec 2017 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
102
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 Gas112019-02-12221546
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
CondensateDisposition754,171 bbl$47,528,866
GasProduction3,308,060 Mcf$11,472,939
Total$59,001,805

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 31.6216, -103.7994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62156, -103.79945 · 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
10,634 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 10,634 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-389357942H10,634 ftDec 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 (102)

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

102 months

May 20261,64110,615106.413.05$206,950
Apr 20261,5799,56398.932.87$183,654
Mar 20261,7679,81689.753.15$189,503
Feb 20261,7528,94163.503.75$144,784
Jan 20261,8458,91359.138.00$180,380
Dec 20251,85110,08756.664.41$149,395
Nov 20251,49011,18958.593.93$131,232
Oct 20251,66110,58559.383.30$133,612
Sep 20251,67010,99362.743.08$138,600
Aug 20252,01011,86963.933.01$164,281
Jul 20251,96611,24366.743.32$168,484
Jun 20251,90211,68166.483.13$162,992
May 20252,17611,88260.553.23$170,163
Apr 20252,12210,92762.363.54$171,044
Mar 20253,18914,38767.704.27$277,304
Feb 20254,30917,38070.884.34$380,866
Jan 20256,87824,57174.324.28$616,304
Dec 20244,36121,03668.993.12$366,527
Nov 20242,4216,86469.052.20$182,260
Oct 20242,50313,61671.372.28$209,703
Sep 20242,38313,33369.612.36$197,405
Aug 20242,53714,48375.632.06$221,761
Jul 20242,61413,88179.932.15$238,734
Jun 20242,61413,05678.082.63$238,490
May 20242,44411,44178.812.20$217,764
Apr 20242,53411,10984.451.66$232,428
Mar 20242,70211,26980.301.55$234,383
Feb 20242,69310,56576.091.78$223,755
Jan 20242,84010,62973.023.30$242,428
Dec 20232,79211,52871.262.61$229,054
Nov 20232,81811,34277.892.81$251,337
Oct 20232,33410,49385.443.09$231,812
Sep 20232,70612,50889.042.74$275,152
Aug 20232,81513,09580.522.67$261,665
Jul 20232,91213,08674.852.64$252,534
Jun 20232,66211,64868.962.26$209,878
May 20233,25213,81670.622.23$260,430
Apr 20233,20113,42278.122.24$280,097
Mar 20233,65514,80872.852.39$301,705
Feb 20233,36012,38775.112.47$282,912
Jan 20233,69613,98576.533.39$330,232
Dec 20223,80814,29476.415.73$372,861
Nov 20223,40215,38085.005.65$376,009
Oct 20223,44316,27287.185.86$395,576
Sep 20223,63415,46284.888.16$434,681
Aug 20225,18420,85994.529.13$680,375
Jul 20225,01122,754101.587.54$680,630
Jun 20225,55930,105115.097.98$879,939
May 20225,71122,616109.378.43$815,334
Apr 20225,73521,160104.226.84$742,385
Mar 20223,50112,600108.885.08$445,152
Feb 20226,97728,46991.054.86$773,582
Jan 20228,34634,22981.844.54$838,357
Dec 20218,00882,59371.323.90$893,171
Nov 20219,10493,67477.435.24$1,195,479
Oct 20219,73990,54779.795.71$1,294,449
Sep 202111,11878,98169.865.35$1,199,324
Aug 202111,29180,81566.024.22$1,086,519
Jul 202110,79370,30670.783.98$1,043,893
Jun 202112,02875,52469.493.38$1,091,144
May 202114,36283,72063.483.02$1,164,339
Apr 202119,581103,66660.362.76$1,467,864
Mar 202113,93572,34761.302.72$1,050,778
Feb 20211496,02157.805.55$42,016
Jan 20211,1708,02850.412.81$81,541
Dec 20200044.642.68$0
Nov 20203,69616,38538.772.71$187,641
Oct 20206,70129,23936.972.48$320,203
Sep 20206,47927,94337.091.99$295,942
Aug 20206,88129,88539.982.39$346,381
Jul 20207,41630,01438.371.83$339,331
Jun 20206,67326,79934.901.69$278,186
May 20206,68625,21116.921.81$158,879
Apr 20207,03128,33814.751.80$154,840
Mar 20207,32533,34430.341.86$284,135
Feb 20207,53828,64349.881.98$432,728
Jan 20207,49030,00657.252.09$491,657
Dec 20198,64834,24859.012.30$589,238
Nov 20198,47632,75755.302.75$558,827
Oct 20199,22141,76753.472.42$594,062
Sep 20199,84347,59655.052.66$668,333
Aug 201910,62045,61953.112.30$669,151
Jul 201910,73044,63756.272.46$713,587
Jun 201913,01752,86452.782.49$818,732
May 20195,86416,30258.482.74$387,599
Apr 201910,11036,45062.632.75$733,452
Mar 201911,20438,74656.803.06$755,031
Feb 201910,76436,72050.852.79$649,880
Jan 201912,46342,26346.033.23$710,104
Dec 201813,19544,63246.594.19$801,560
Nov 201813,41244,49152.934.24$898,416
Oct 201814,36651,54961.443.40$1,057,815
Sep 201814,88148,80359.543.11$1,037,694
Aug 201816,24655,55959.403.07$1,135,387
Jul 201817,45059,88465.142.93$1,312,266
Jun 201818,58264,61160.183.08$1,317,068
May 201821,48075,13365.382.90$1,622,308
Apr 201823,88082,96063.842.90$1,765,150
Mar 201828,22196,80561.222.79$1,997,470
Feb 201831,953106,24161.782.77$2,267,932
Jan 201834,593122,84462.874.01$2,667,383
Dec 201720,79070,30857.272.92$1,396,050

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         1,641 bbl  × $106.41 =   $174,619
Gas               10,615 Mcf  × $  3.05 =    $32,332

────────────────────────────────────────────────────
Month total                                 $206,950

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/284709 is the state's own key, not one this site invented.