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BROKERS TIP 24 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 287340District 08Field 31913800Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$34.4 M
Mar 2019 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
87
no gaps in the span
Streams
2
condensate, gas

The FORD, WEST (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 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”

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
CondensateDisposition320,097 bbl$18,853,241
GasProduction5,000,695 Mcf$15,516,263
Total$34,369,504

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 31.8482, -104.2197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84822, -104.21969 · 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
8,821 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 8,821 ft.

Completions filed
Apr 2019
1 of 1 wells

1 well

42-109333296H8,821 ftApr 2019——

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 (87)

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

87 months

May 20261,59331,141106.413.05$264,362
Apr 202665217,47298.932.87$114,642
Mar 20261,18533,12589.753.15$210,679
Feb 20261,39833,81863.503.75$215,601
Jan 202641014,85159.138.00$143,020
Dec 20251,14331,98156.664.41$205,906
Nov 20251,11027,92758.593.93$174,689
Oct 20251,29035,60259.383.30$194,259
Sep 202598628,51862.743.08$149,609
Aug 202567623,01963.933.01$112,613
Jul 20251,29332,98766.743.32$195,653
Jun 202593631,06766.483.13$159,425
May 20251,15933,88060.553.23$179,688
Apr 20251,34835,14562.363.54$208,584
Mar 20251,62136,66767.704.27$266,248
Feb 20252,13132,25570.884.34$291,059
Jan 20251,81426,61374.324.28$248,685
Dec 202421115,62268.993.12$63,319
Nov 202478116,82769.052.20$90,921
Oct 20241,34235,98271.372.28$177,868
Sep 20241,34835,53069.612.36$177,840
Aug 20241,45238,47375.632.06$189,209
Jul 20241,57034,63079.932.15$199,827
Jun 20241,27833,95178.082.63$189,212
May 20241,39638,47378.812.20$194,599
Apr 20241,39435,37284.451.66$176,413
Mar 20241,90040,49180.301.55$215,134
Feb 20241,63738,54876.091.78$193,315
Jan 20241,67539,78173.023.30$253,493
Dec 20231,85745,69271.262.61$251,619
Nov 20231,29836,04977.892.81$202,311
Oct 20232,21637,71685.443.09$305,775
Sep 20232,10242,02089.042.74$302,088
Aug 20231,99644,96680.522.67$280,907
Jul 20231,80243,49474.852.64$249,782
Jun 20231,60337,47668.962.26$195,182
May 20231,81345,04470.622.23$228,365
Apr 20231,85545,21678.122.24$246,095
Mar 20231,85143,55672.852.39$239,082
Feb 20231,75142,71675.112.47$236,842
Jan 20232,02847,21676.533.39$315,157
Dec 20222,21747,70076.415.73$442,678
Nov 20222,05846,43185.005.65$437,089
Oct 20222,59952,40487.185.86$533,865
Sep 20222,10043,81684.888.16$535,948
Aug 202250111,94794.529.13$156,397
Jul 2022580101.587.54$5,892
Jun 202268815,446115.097.98$202,398
May 20222,52445,728109.378.43$661,676
Apr 20222,49549,653104.226.84$599,536
Mar 20222,45054,704108.885.08$544,455
Feb 20222,47149,98691.054.86$467,859
Jan 20222,31457,01181.844.54$448,075
Dec 20212,13258,97071.323.90$381,985
Nov 20211,93055,76777.435.24$441,483
Oct 20211,90663,57479.795.71$515,333
Sep 20212,09657,99669.865.35$456,759
Aug 20212,08460,63666.024.22$393,505
Jul 20212,60266,41670.783.98$448,643
Jun 20212,26763,25269.493.38$371,365
May 20212,70465,60363.483.02$369,618
Apr 20212,50567,06960.362.76$336,206
Mar 20213,11969,32161.302.72$379,536
Feb 20213,00062,14557.805.55$518,177
Jan 20213,72873,85850.412.81$395,489
Dec 20204,18575,21944.642.68$388,064
Nov 20203,90475,35238.772.71$355,304
Oct 20204,18982,23536.972.48$358,681
Sep 20204,32482,13737.091.99$323,915
Aug 20204,33284,45439.982.39$374,625
Jul 20206,06490,93338.371.83$398,639
Jun 20205,92291,69934.901.69$361,678
May 20205,31698,13316.921.81$268,034
Apr 20205,94199,66114.751.80$267,456
Mar 20207,026108,60030.341.86$414,755
Feb 20207,885104,31749.881.98$599,921
Jan 20209,151120,57557.252.09$776,468
Dec 201910,506127,38959.012.30$913,509
Nov 201910,979128,61055.302.75$960,906
Oct 201912,509145,85053.472.42$1,021,600
Sep 201914,508155,36155.052.66$1,211,503
Aug 201918,494173,62553.112.30$1,382,311
Jul 201917,479136,72856.272.46$1,319,902
Jun 201922,466151,00352.782.49$1,561,934
May 201926,633170,17358.482.74$2,023,826
Apr 20196,83538,29962.632.75$533,425
Mar 20190056.803.06$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         1,593 bbl  × $106.41 =   $169,511
Gas               31,141 Mcf  × $  3.05 =    $94,851

────────────────────────────────────────────────────
Month total                                 $264,362

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/287340 is the state's own key, not one this site invented.