MineralRecord
Log inSign up

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 287346District 08Field 31913800Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$43.1 M
Apr 2019 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
86
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
CondensateDisposition459,710 bbl$26,516,176
GasProduction5,259,930 Mcf$16,585,581
Total$43,101,757

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 31.8483, -104.2309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84835, -104.23088 · 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
8,485 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 8,485 ft.

Completions filed
Apr 2019
1 of 1 wells

1 well

42-109333285H8,485 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 (86)

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

86 months

May 20261,43635,579106.413.05$261,173
Apr 20261,04730,30098.932.87$190,532
Mar 20261,23231,57189.753.15$210,003
Feb 20261,08319,83163.503.75$143,143
Jan 20261,96333,58059.138.00$384,642
Dec 20251,35337,12156.664.41$240,489
Nov 20251,00431,68958.593.93$183,249
Oct 20251,26735,31359.383.30$191,938
Sep 20251,00832,02262.743.08$161,771
Aug 202590430,26563.933.01$149,034
Jul 20251,10134,44666.743.32$187,676
Jun 20251,01133,97466.483.13$173,506
May 20251,26150,29160.553.23$238,910
Apr 20251,42441,07562.363.54$234,334
Mar 20251,51042,18067.704.27$282,265
Feb 20251,47337,74070.884.34$268,230
Jan 20251,67936,07674.324.28$279,141
Dec 202466622,27168.993.12$115,463
Nov 20241,63234,53869.052.20$188,619
Oct 20241,64836,23871.372.28$200,291
Sep 20241,56734,84669.612.36$191,467
Aug 20241,71437,28775.632.06$206,576
Jul 20241,16333,49179.932.15$164,850
Jun 20241,68934,31578.082.63$222,262
May 20241,80338,25778.812.20$226,200
Apr 20241,78639,23384.451.66$215,923
Mar 20241,73139,80980.301.55$200,509
Feb 20241,80535,07276.091.78$199,898
Jan 20242,36140,13673.023.30$304,755
Dec 20231,99337,04471.262.61$238,733
Nov 202336412,29677.892.81$62,874
Oct 20231,52837,17985.443.09$245,334
Sep 20231,88340,28389.042.74$277,838
Aug 20232,26342,58080.522.67$296,028
Jul 20232,12540,99674.852.64$267,359
Jun 20231,97335,63368.962.26$216,535
May 20232,53741,86470.622.23$272,411
Apr 20232,26043,16378.122.24$273,140
Mar 20232,12138,01572.852.39$245,491
Feb 20231,98238,25875.112.47$243,200
Jan 20232,55844,35376.533.39$346,019
Dec 20222,62142,58776.415.73$444,255
Nov 20222,33340,58785.005.65$427,467
Oct 20221,97546,67887.185.86$445,889
Sep 20222,55746,09784.888.16$593,359
Aug 20222,49753,15594.529.13$721,171
Jul 202292788101.587.54$15,289
Jun 202288716,216115.097.98$231,443
May 20222,61749,203109.378.43$701,152
Apr 20223,13251,048104.226.84$675,463
Mar 20223,79358,636108.885.08$710,642
Feb 20223,27053,10491.054.86$555,757
Jan 20224,06961,52681.844.54$612,192
Dec 20214,58861,83371.323.90$568,310
Nov 20214,42458,12277.435.24$646,927
Oct 20214,74760,78979.795.71$726,104
Sep 20214,58160,45969.865.35$643,540
Aug 20214,59666,21166.024.22$582,877
Jul 20214,77664,67070.783.98$595,566
Jun 20214,43361,98569.493.38$517,597
May 20215,31266,05263.483.02$536,529
Apr 20215,40065,97860.362.76$507,939
Mar 20216,66373,19861.302.72$607,316
Feb 20215,13168,64857.805.55$677,427
Jan 20215,92777,49050.412.81$516,548
Dec 20206,23080,26844.642.68$492,861
Nov 20206,59581,50238.772.71$476,279
Oct 20207,01088,94736.972.48$479,609
Sep 20207,27090,05137.091.99$448,939
Aug 20207,35390,70939.982.39$510,323
Jul 20208,338100,20338.371.83$502,812
Jun 20208,452100,55834.901.69$464,949
May 20208,882105,33016.921.81$341,431
Apr 20209,886110,34414.751.80$344,921
Mar 202010,835121,70730.341.86$554,650
Feb 202010,898116,73149.881.98$774,798
Jan 202013,399137,18157.252.09$1,054,451
Dec 201915,064153,68259.012.30$1,243,065
Nov 201917,145162,74455.302.75$1,395,778
Oct 201918,838154,92953.472.42$1,381,970
Sep 201923,292178,68755.052.66$1,757,046
Aug 201927,007172,52753.112.30$1,831,906
Jul 201935,504190,29056.272.46$2,465,935
Jun 201931,285135,26552.782.49$1,988,194
May 201930,864111,84658.482.74$2,111,421
Apr 20192341,15962.632.75$17,843

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         1,436 bbl  × $106.41 =   $152,805
Gas               35,579 Mcf  × $  3.05 =   $108,368

────────────────────────────────────────────────────
Month total                                 $261,173

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/287346 is the state's own key, not one this site invented.