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WOLVERINE STATE 55-1 UNIT B

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 286877District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$67.8 M
Dec 2018 – May 2026
Value, last 12 filed months
$5.7 M
at the published price for each month
Months reported
90
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 Gas112019-09-18224059
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
CondensateDisposition905,550 bbl$53,916,055
GasProduction4,459,247 Mcf$13,919,637
Total$67,835,692

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 31.6949, -103.7939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69493, -103.79387 · 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
10,692 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 10,692 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-389371302H10,692 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 20264,63434,104106.413.05$596,979
Apr 20264,52743,98098.932.87$574,066
Mar 20264,92344,71589.753.15$582,666
Feb 20264,60439,49263.503.75$440,462
Jan 20265,64143,41059.138.00$680,742
Dec 20255,36751,76156.664.41$532,534
Nov 20253,88238,84058.593.93$379,949
Oct 20254,16442,13859.383.30$386,518
Sep 20254,11140,16162.743.08$381,496
Aug 20254,09031,58763.933.01$356,701
Jul 20254,15930,84166.743.32$379,816
Jun 20254,15028,48166.483.13$365,001
May 20254,12130,85360.553.23$349,253
Apr 20254,04131,92262.363.54$365,100
Mar 20254,83436,37867.704.27$482,535
Feb 20254,21632,46070.884.34$439,734
Jan 20254,62135,56474.324.28$495,600
Dec 20244,65136,69968.993.12$435,424
Nov 20244,58934,69169.052.20$393,137
Oct 20244,51833,75071.372.28$399,447
Sep 20244,73230,33969.612.36$401,127
Aug 20244,85131,24675.632.06$431,361
Jul 20244,98431,60979.932.15$466,223
Jun 20244,67229,89478.082.63$443,530
May 20245,10231,98878.812.20$472,412
Apr 20244,97531,65584.451.66$472,661
Mar 20245,22331,10080.301.55$467,460
Feb 20245,29929,21376.091.78$455,306
Jan 20244,31530,01473.023.30$414,057
Dec 20234,99131,61171.262.61$438,186
Nov 20236,18231,61777.892.81$570,283
Oct 20236,20932,60185.443.09$631,145
Sep 20235,21432,66889.042.74$553,603
Aug 20235,63533,86480.522.67$544,245
Jul 20235,58131,53174.852.64$501,036
Jun 20235,02827,34268.962.26$408,482
May 202310,27232,19570.622.23$797,120
Apr 20236,55231,82778.122.24$583,063
Mar 20236,62430,49572.852.39$555,538
Feb 20234,32023,61975.112.47$382,712
Jan 20237,96836,12976.533.39$732,186
Dec 20225,60425,92476.415.73$576,722
Nov 20224,87421,92285.005.65$538,066
Oct 20224,16218,94787.185.86$473,944
Sep 20226,64531,24784.888.16$819,118
Aug 20226,24728,95594.529.13$854,743
Jul 20226,62031,533101.587.54$910,284
Jun 20224,18419,037115.097.98$633,399
May 20226,79628,230109.378.43$981,343
Apr 20227,37930,453104.226.84$977,265
Mar 20227,22630,432108.885.08$941,252
Feb 20227,12527,37591.054.86$781,742
Jan 20227,97833,30681.844.54$804,051
Dec 202110,79145,09971.323.90$945,461
Nov 20213,21914,31777.435.24$324,223
Oct 20217,22332,90479.795.71$764,332
Sep 20212069.865.35$140
Aug 20213,97015,75966.024.22$328,612
Jul 202115,47868,72370.783.98$1,369,193
Jun 20213069.493.38$208
May 20216824,26763.483.02$56,170
Apr 20217,95059,76160.362.76$644,708
Mar 20219,43255,77561.302.72$729,719
Feb 20218,27153,37357.805.55$774,175
Jan 202110,57554,38750.412.81$685,928
Dec 202013,40466,14544.642.68$775,323
Nov 202013,77666,63538.772.71$714,448
Oct 202010,88556,81136.972.48$543,221
Sep 202014,01964,83037.091.99$649,044
Aug 202013,77868,13939.982.39$713,363
Jul 202013,93267,12338.371.83$657,078
Jun 202014,61570,19134.901.69$628,708
May 202016,83581,32616.921.81$432,435
Apr 202017,64181,51514.751.80$407,289
Mar 202018,29187,44830.341.86$717,273
Feb 202018,36083,64749.881.98$1,081,474
Jan 202021,788103,44557.252.09$1,464,053
Dec 201924,494127,20259.012.30$1,738,510
Nov 201913,86459,59455.302.75$930,604
Oct 201920,59887,23553.472.42$1,312,356
Sep 201921,01886,47955.052.66$1,386,840
Aug 201922,51291,38153.112.30$1,406,187
Jul 201924,57896,31456.272.46$1,619,942
Jun 201926,574104,07752.782.49$1,661,852
May 201929,877116,03458.482.74$2,065,177
Apr 201938,772146,79162.632.75$2,832,068
Mar 201933,529132,53856.803.06$2,310,292
Feb 201941,002157,70450.852.79$2,525,296
Jan 201941,788152,88746.033.23$2,417,048
Dec 201818,61277,64646.594.19$1,192,116

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         4,634 bbl  × $106.41 =   $493,104
Gas               34,104 Mcf  × $  3.05 =   $103,875

────────────────────────────────────────────────────
Month total                                 $596,979

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/286877 is the state's own key, not one this site invented.