SENTINEL STATE 55-28 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 286407District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$55.7 M
Nov 2018 – May 2026
Value, last 12 filed months
$3.7 M
at the published price for each month
Months reported
91
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 Gas112019-09-18223885
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
CondensateDisposition701,070 bbl$41,965,545
GasProduction4,095,766 Mcf$13,725,864
Total$55,691,410

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 31.5496, -103.7918. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54964, -103.79183 · 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
10,408 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 10,408 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-389369105H10,408 ftNov 2018

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 (91)

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

91 months

May 20261,79821,128106.413.05$255,678
Apr 20262,81726,50198.932.87$354,736
Mar 20262,56724,40889.753.15$307,260
Feb 20262,64923,67663.503.75$257,004
Jan 20263,16626,85859.138.00$402,014
Dec 20253,37027,97256.664.41$314,395
Nov 20253,28028,04458.593.93$302,288
Oct 20253,47430,03959.383.30$305,560
Sep 20253,05327,57662.743.08$276,394
Aug 20253,17128,57463.933.01$288,866
Jul 20253,97930,12966.743.32$365,442
Jun 20253,40822,39166.483.13$296,619
May 20253,30920,28960.553.23$265,940
Apr 20254,06120,66562.363.54$326,463
Mar 20254,67835,82367.704.27$469,605
Feb 20254,15332,45270.884.34$435,234
Jan 20254,36732,13474.324.28$462,047
Dec 20244,66938,14868.993.12$441,188
Nov 20244,10732,67669.052.20$355,425
Oct 20243,95530,66671.372.28$352,230
Sep 20244,33331,49969.612.36$376,095
Aug 20245,19035,81975.632.06$466,437
Jul 20245,02733,96479.932.15$474,715
Jun 20243,71227,58478.082.63$362,489
May 20244,94831,11578.812.20$458,356
Apr 20244,11926,17484.451.66$391,277
Mar 20244,17426,49080.301.55$376,103
Feb 20243,75623,83976.091.78$328,314
Jan 20244,05127,50773.023.30$386,513
Dec 20234,30729,37471.262.61$383,604
Nov 20234,56630,78077.892.81$442,062
Oct 20235,28533,21785.443.09$554,101
Sep 20235,88632,10989.042.74$611,909
Aug 2023815,36080.522.67$20,849
Jul 20230074.852.64$0
Jun 20233,59030,42968.962.26$316,290
May 20234,17235,28570.622.23$373,220
Apr 20233,77729,11978.122.24$360,221
Mar 20234,80832,73272.852.39$428,596
Feb 20234,62428,79675.112.47$418,310
Jan 20235,50733,36876.533.39$534,492
Dec 20225,33633,69376.415.73$600,754
Nov 20224,94630,65185.005.65$593,472
Oct 20225,43834,56887.185.86$676,783
Sep 20225,18334,33984.888.16$720,266
Aug 20225,93134,31894.529.13$873,824
Jul 20225,29636,500101.587.54$813,254
Jun 20225,10431,185115.097.98$836,188
May 20225,90138,143109.378.43$967,054
Apr 20225,69335,554104.226.84$836,428
Mar 20226,40041,558108.885.08$907,797
Feb 20225,83237,52791.054.86$713,341
Jan 20226,59440,28881.844.54$722,467
Dec 20216,47839,91571.323.90$617,644
Nov 20216,71941,08377.435.24$735,398
Oct 20217,35843,60079.795.71$836,220
Sep 20216,88040,54969.865.35$697,611
Aug 20217,32045,05666.024.22$673,429
Jul 20216,93144,86170.783.98$669,216
Jun 20217,13645,30069.493.38$649,023
May 20218,69349,83863.483.02$702,226
Apr 20219,33647,45460.362.76$694,419
Mar 20215,94742,77761.302.72$480,774
Feb 20217,27337,92657.805.55$630,791
Jan 20217,93345,70650.412.81$528,349
Dec 20209,16655,49244.642.68$557,637
Nov 20209,30754,88038.772.71$509,369
Oct 20209,35153,58236.972.48$478,506
Sep 20209,09357,78937.091.99$452,320
Aug 20209,22960,60439.982.39$513,522
Jul 202010,76969,02438.371.83$539,184
Jun 202011,23866,27034.901.69$504,223
May 202012,62768,22116.921.81$337,453
Apr 202012,84267,92314.751.80$311,978
Mar 202016,20584,17930.341.86$647,915
Feb 20201,39010,44049.881.98$90,011
Jan 202013,94664,83757.252.09$934,225
Dec 201916,89477,89959.012.30$1,176,422
Nov 201917,29079,68855.302.75$1,175,335
Oct 201918,82786,59953.472.42$1,216,123
Sep 201917,83981,33155.052.66$1,198,156
Aug 201919,15886,30053.112.30$1,216,348
Jul 201917,89690,64356.272.46$1,229,995
Jun 201918,48792,62352.782.49$1,206,486
May 20198,58542,52958.482.74$618,594
Apr 20199062.632.75$564
Mar 201916,20478,00656.803.06$1,159,249
Feb 201928,901143,11650.852.79$1,869,227
Jan 201931,937161,25646.033.23$1,990,624
Dec 201831,615163,67646.594.19$2,157,999
Nov 201820,663101,76152.934.24$1,524,878

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         1,798 bbl  × $106.41 =   $191,325
Gas               21,128 Mcf  × $  3.05 =    $64,353

────────────────────────────────────────────────────
Month total                                 $255,678

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/286407 is the state's own key, not one this site invented.