AMERICAN PHAROAH 43 STATE UNIT

Operated by COTERRA ENERGY OPERATING CO. (P-5 103285) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 286764District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$53.9 M
Dec 2018 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
90
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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
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 80 acres. The field rule took effect on 2018-06-05.

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: DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ

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 Gas112019-09-18224057
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
CondensateDisposition560,858 bbl$32,520,982
GasProduction6,531,873 Mcf$21,347,052
Total$53,868,034

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 31.9085, -104.3156. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90850, -104.31562 · 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
7,765 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 7,765 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-109333722H7,765 ftDec 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 (90)

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

90 months

May 20261,44943,048106.413.05$285,305
Apr 20261,19432,74398.932.87$212,086
Mar 20261,32037,38989.753.15$236,224
Feb 20261,04537,18263.503.75$205,802
Jan 202685428,03159.138.00$274,687
Dec 20251,47534,22156.664.41$234,603
Nov 20251,35436,65158.593.93$223,239
Oct 20251,24838,80059.383.30$202,334
Sep 20251,69938,27962.743.08$224,377
Aug 202576840,72363.933.01$171,868
Jul 20251,26736,26566.743.32$204,785
Jun 20251,29138,28266.483.13$205,599
May 20251,54140,67060.553.23$224,766
Apr 20251,62241,03162.363.54$246,526
Mar 20251,66042,31867.704.27$293,009
Feb 20251,48137,98570.884.34$269,860
Jan 20251,54543,62474.324.28$301,478
Dec 20241,54542,90368.993.12$240,506
Nov 20241,79642,36369.052.20$217,146
Oct 20241,76543,39471.372.28$224,967
Sep 20241,67342,19969.612.36$216,231
Aug 20241,67042,37075.632.06$213,738
Jul 20241,79842,61379.932.15$235,187
Jun 20241,75442,79678.082.63$249,676
May 20241,90744,35978.812.20$247,811
Apr 20241,56742,63384.451.66$203,070
Mar 20241,97444,68180.301.55$227,550
Feb 20241,86743,28176.091.78$219,258
Jan 20242,05845,46873.023.30$300,213
Dec 20232,06346,97371.262.61$269,643
Nov 20232,18645,03977.892.81$296,717
Oct 20232,14247,59085.443.09$329,936
Sep 20232,27946,90789.042.74$331,215
Aug 20232,28146,23580.522.67$307,247
Jul 20232,92949,59374.852.64$350,250
Jun 20233,30749,39468.962.26$339,606
May 20232,81351,00170.622.23$312,254
Apr 20232,80050,44778.122.24$331,624
Mar 20232,30756,19872.852.39$302,556
Feb 20232,38651,72275.112.47$306,742
Jan 20232,30557,41776.533.39$370,914
Dec 20222,60758,36276.415.73$533,561
Nov 20222,51858,51285.005.65$544,400
Oct 20222,62762,19787.185.86$593,730
Sep 20222,69360,62784.888.16$723,521
Aug 20222,86262,16994.529.13$837,943
Jul 20222,87561,964101.587.54$759,380
Jun 20222,63059,967115.097.98$781,055
May 20222,99164,327109.378.43$869,598
Apr 20222,95260,650104.226.84$722,358
Mar 20223,18562,653108.885.08$664,834
Feb 20222,96357,32991.054.86$548,334
Jan 20223,40968,39381.844.54$589,338
Dec 20213,28868,91471.323.90$503,204
Nov 20213,29666,84177.435.24$605,246
Oct 20212,94670,17379.795.71$636,021
Sep 20212,86769,49469.865.35$572,145
Aug 20212,61773,27766.024.22$482,047
Jul 20212,46067,79570.783.98$444,084
Jun 20212,16267,40669.493.38$378,111
May 20213,18972,11463.483.02$420,054
Apr 20213,31578,32060.362.76$416,133
Mar 20213,58485,28061.302.72$451,400
Feb 20213,03574,29557.805.55$587,608
Jan 20213,84094,06250.412.81$457,914
Dec 20204,16696,66144.642.68$444,583
Nov 20203,75999,08138.772.71$413,906
Oct 20204,861104,50736.972.48$438,724
Sep 20204,77599,98637.091.99$376,181
Aug 20204,325112,85639.982.39$442,086
Jul 20204,652114,25738.371.83$387,030
Jun 20205,537108,97334.901.69$377,439
May 20206,775110,93216.921.81$315,947
Apr 20207,441105,43514.751.80$300,000
Mar 20207,52398,77830.341.86$411,603
Feb 20207,88272,85849.881.98$537,462
Jan 202011,00887,31257.252.09$813,104
Dec 201922,336117,41159.012.30$1,588,605
Nov 201913,03263,21355.302.75$894,550
Oct 20199,907101,93953.472.42$776,271
Sep 201915,155161,91855.052.66$1,264,544
Aug 201918,128170,82753.112.30$1,356,425
Jul 201921,021182,07556.272.46$1,630,767
Jun 201924,147183,20252.782.49$1,730,871
May 201930,269204,73158.482.74$2,331,160
Apr 201935,745192,09462.632.75$2,767,102
Mar 201946,574218,52656.803.06$3,314,552
Feb 201950,982178,03650.852.79$3,089,550
Jan 201955,129154,34046.033.23$3,035,825
Dec 20188331,98646.594.19$47,122

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         1,449 bbl  × $106.41 =   $154,188
Gas               43,048 Mcf  × $  3.05 =   $131,117

────────────────────────────────────────────────────
Month total                                 $285,305

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/286764 is the state's own key, not one this site invented.