KINGMAN 45 STATE UNIT

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

Gas lease lease 287179District 08Field 24366100CondensateGasSave
Value, all time
$60.6 M
Oct 2018 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
92
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition739,613 bbl$43,254,837
GasProduction5,421,707 Mcf$17,305,022
Total$60,559,859

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 31.9086, -104.2801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90862, -104.28008 · 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
8,161 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 8,161 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-109332843H8,161 ftOct 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 (92)

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

92 months

May 20262,79544,475106.413.05$432,880
Apr 20261,63722,77698.932.87$227,309
Mar 20262,96438,91689.753.15$388,583
Feb 20263,02938,19763.503.75$335,592
Jan 20261,99631,21659.138.00$367,687
Dec 20252,93139,98356.664.41$342,530
Nov 20252,38936,10158.593.93$281,720
Oct 20252,71724,80159.383.30$243,299
Sep 20252,75831,79462.743.08$270,865
Aug 202554810,91363.933.01$67,934
Jul 20251,29119,70066.743.32$151,471
Jun 20252,36426,23466.483.13$239,238
May 20252,70329,12460.553.23$257,805
Apr 20252,93428,56762.363.54$284,181
Mar 20252,83029,75667.704.27$318,599
Feb 20252,72626,94570.884.34$310,183
Jan 20253,05728,68174.324.28$349,913
Dec 20243,13329,19768.993.12$307,280
Nov 20243,11928,65169.052.20$278,354
Oct 20243,17329,94571.372.28$294,774
Sep 20243,14729,38669.612.36$288,542
Aug 20243,25830,72875.632.06$309,814
Jul 20243,24630,09279.932.15$324,048
Jun 20243,16728,84878.082.63$323,264
May 20243,35131,53878.812.20$333,427
Apr 20243,24632,06384.451.66$327,324
Mar 20243,34132,75880.301.55$318,898
Feb 20243,36930,19876.091.78$310,210
Jan 20243,46631,70573.023.30$357,640
Dec 20233,59031,81871.262.61$338,891
Nov 20233,23630,60977.892.81$337,989
Oct 20233,40831,79985.443.09$389,352
Sep 20233,33530,91389.042.74$381,497
Aug 20232,85631,57680.522.67$314,364
Jul 20233,22433,31274.852.64$329,320
Jun 20233,02631,74868.962.26$280,375
May 20233,44633,61570.622.23$318,231
Apr 20233,46832,41378.122.24$343,453
Mar 20233,97133,47272.852.39$369,391
Feb 20233,71929,90275.112.47$353,063
Jan 20234,11733,96276.533.39$430,128
Dec 20224,20733,62476.415.73$514,091
Nov 20224,10833,09285.005.65$536,024
Oct 20224,25452,40187.185.86$678,131
Sep 20224,00734,72084.888.16$623,557
Aug 20224,11836,39494.529.13$721,407
Jul 20223,85136,184101.587.54$664,087
Jun 20223,99434,983115.097.98$738,736
May 20224,23037,409109.378.43$778,107
Apr 20224,41839,556104.226.84$730,912
Mar 20224,79942,488108.885.08$738,201
Feb 20224,32636,83291.054.86$572,843
Jan 20225,01639,48981.844.54$589,698
Dec 20214,74138,45771.323.90$488,077
Nov 20214,67239,27977.435.24$567,451
Oct 20215,00240,94979.795.71$633,087
Sep 20214,84040,99869.865.35$557,499
Aug 20215,14343,78566.024.22$524,339
Jul 20215,27944,03570.783.98$548,999
Jun 20215,27442,63869.493.38$510,633
May 20215,58344,82563.483.02$489,676
Apr 20215,76345,09560.362.76$472,246
Mar 20216,31748,78461.302.72$519,775
Feb 20214,95941,46757.805.55$516,687
Jan 20216,03351,85850.412.81$449,859
Dec 20206,42353,02544.642.68$428,589
Nov 20206,54456,49138.772.71$406,608
Oct 20205,18753,76136.972.48$325,006
Sep 20207,00259,72837.091.99$378,625
Aug 20207,10464,22139.982.39$437,191
Jul 20207,69669,86238.371.83$422,802
Jun 20207,85278,38534.901.69$406,530
May 20208,85588,95716.921.81$311,261
Apr 20208,73189,67114.751.80$290,583
Mar 202010,594104,91030.341.86$516,159
Feb 202010,27799,90249.881.98$710,490
Jan 202012,145117,84357.252.09$942,152
Dec 201912,848118,84759.012.30$1,032,027
Nov 201912,814117,08755.302.75$1,030,685
Oct 201914,375128,25453.472.42$1,078,819
Sep 201915,483130,23355.052.66$1,198,405
Aug 201916,997137,27353.112.30$1,219,037
Jul 201918,725153,14256.272.46$1,430,394
Jun 201921,403173,23552.782.49$1,561,213
May 201926,707199,11658.482.74$2,107,467
Apr 201932,010216,18162.632.75$2,599,435
Mar 201938,094226,31056.803.06$2,856,723
Feb 201939,041182,85150.852.79$2,495,795
Jan 201951,273166,57246.033.23$2,897,821
Dec 201854,901163,10746.594.19$3,240,512
Nov 201841,114108,32252.934.24$2,635,150
Oct 20188,40326,65261.443.40$606,846

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         2,795 bbl  × $106.41 =   $297,416
Gas               44,475 Mcf  × $  3.05 =   $135,464

────────────────────────────────────────────────────
Month total                                 $432,880

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/287179 is the state's own key, not one this site invented.