WOLVERINE STATE 55-1 UNIT C

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 286788District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$53.6 M
Sep 2018 – May 2026
Value, last 12 filed months
$3.2 M
at the published price for each month
Months reported
93
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 Gas112019-09-18224060
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
CondensateDisposition629,593 bbl$37,457,324
GasProduction5,135,324 Mcf$16,184,693
Total$53,642,017

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 31.6948, -103.7925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69485, -103.79252 · 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
11,071 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 11,071 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-389371313H11,071 ftSep 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 (93)

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

93 months

May 20262,20126,089106.413.05$313,671
Apr 20262,14824,67398.932.87$283,306
Mar 20262,31524,78589.753.15$285,830
Feb 20262,25222,29263.503.75$226,604
Jan 20262,36524,79959.138.00$338,183
Dec 20252,27526,40356.664.41$245,427
Nov 20252,22034,31258.593.93$264,794
Oct 20252,34627,42659.383.30$229,944
Sep 20252,30927,39462.743.08$229,156
Aug 20252,42430,55463.933.01$247,079
Jul 20252,40028,93366.743.32$256,095
Jun 20252,27825,54566.483.13$231,365
May 20252,33728,00560.553.23$232,026
Apr 20252,33728,11362.363.54$245,343
Mar 20252,47731,32967.704.27$301,415
Feb 20252,24429,37470.884.34$286,563
Jan 20252,46532,13874.324.28$320,707
Dec 20242,50632,62868.993.12$274,733
Nov 20242,51631,00369.052.20$241,888
Oct 20242,55731,03371.372.28$253,292
Sep 20242,75129,80269.612.36$261,960
Aug 20242,93031,62375.632.06$286,854
Jul 20243,74632,43179.932.15$369,034
Jun 20242,94331,44278.082.63$312,607
May 20243,15133,12578.812.20$321,154
Apr 20243,00732,84484.451.66$308,436
Mar 20243,15035,35380.301.55$307,570
Feb 20243,25833,37276.091.78$307,425
Jan 20243,84138,34473.023.30$406,915
Dec 20233,46940,15771.262.61$352,040
Nov 20233,18940,99377.892.81$363,482
Oct 20233,46242,18685.443.09$426,033
Sep 20233,56940,51389.042.74$428,588
Aug 20233,91843,28880.522.67$431,181
Jul 20234,04743,25774.852.64$417,194
Jun 20233,68138,49168.962.26$340,773
May 20233,87843,69070.622.23$371,179
Apr 20234,11843,60178.122.24$419,267
Mar 20234,26844,70172.852.39$417,900
Feb 20233,57342,67575.112.47$373,591
Jan 20234,64148,84076.533.39$520,632
Dec 20224,23346,20076.415.73$588,127
Nov 20224,25045,90185.005.65$620,416
Oct 20224,35844,11387.185.86$638,598
Sep 20224,81949,00284.888.16$809,073
Aug 20225,02446,76394.529.13$901,682
Jul 20227,08744,878101.587.54$1,058,371
Jun 20223,82832,230115.097.98$697,670
May 20225,09945,232109.378.43$939,121
Apr 20224,60539,585104.226.84$750,600
Mar 20224,75040,427108.885.08$722,404
Feb 20223,90333,72591.054.86$519,233
Jan 20224,71435,55481.844.54$547,126
Dec 20215,06638,47171.323.90$511,310
Nov 20214,42629,92377.435.24$499,407
Oct 20212,99617,87379.795.71$341,175
Sep 20210069.865.35$0
Aug 20211,86516,16366.024.22$191,345
Jul 20217,77366,82970.783.98$816,291
Jun 20212069.493.38$139
May 20217954,19063.483.02$63,111
Apr 20219,02466,18660.362.76$727,257
Mar 20218,09562,27461.302.72$665,418
Feb 20216,08350,66657.805.55$632,690
Jan 20216,33056,13950.412.81$476,861
Dec 20207,67766,81044.642.68$521,449
Nov 20207,73866,19538.772.71$479,164
Oct 20207,09765,29936.972.48$424,215
Sep 20208,30871,22237.091.99$449,950
Aug 20208,60872,68339.982.39$517,504
Jul 20208,89979,04838.371.83$485,727
Jun 20209,07480,54034.901.69$452,820
May 202010,08186,45916.921.81$327,472
Apr 202010,36187,38714.751.80$310,504
Mar 202011,06393,49430.341.86$509,198
Feb 202010,66791,35449.881.98$713,012
Jan 202012,696103,34357.252.09$943,323
Dec 201913,74999,48559.012.30$1,040,578
Nov 201914,758107,12355.302.75$1,110,781
Oct 201915,503121,84353.472.42$1,123,628
Sep 201916,542124,96755.052.66$1,242,709
Aug 201919,046136,98753.112.30$1,327,200
Jul 201920,599141,94156.272.46$1,508,289
Jun 201922,387150,33852.782.49$1,556,108
May 201925,695168,61658.482.74$1,964,705
Apr 201926,707170,16062.632.75$2,140,719
Mar 201929,269177,51156.803.06$2,206,036
Feb 201936,187202,76750.852.79$2,406,279
Jan 201935,197200,48446.033.23$2,267,316
Dec 201810,99879,38846.594.19$844,671
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0

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         2,201 bbl  × $106.41 =   $234,208
Gas               26,089 Mcf  × $  3.05 =    $79,463

────────────────────────────────────────────────────
Month total                                 $313,671

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/286788 is the state's own key, not one this site invented.