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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 287393District 08Field 31913800Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$34.4 M
May 2019 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
85
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
CondensateDisposition343,165 bbl$19,777,792
GasProduction4,560,687 Mcf$14,573,355
Total$34,351,148

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 31.8484, -104.2268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84845, -104.22677 · 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
8,535 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 8,535 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-109333263H8,535 ftMay 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 (85)

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

85 months

May 202646511,723106.413.05$85,187
Apr 20261294,77398.932.87$26,459
Mar 202667423,60089.753.15$134,818
Feb 202669121,85363.503.75$125,834
Jan 202668726,23559.138.00$250,448
Dec 202574227,09656.664.41$161,626
Nov 202569323,01658.593.93$130,974
Oct 202580531,51159.383.30$151,940
Sep 202579727,04262.743.08$133,210
Aug 202570430,57163.933.01$137,171
Jul 202596736,08266.743.32$184,157
Jun 202560327,19966.483.13$125,186
May 202570726,77560.553.23$129,354
Apr 202594833,75562.363.54$178,715
Mar 20251,10238,43767.704.27$238,667
Feb 20251,15535,25970.884.34$234,920
Jan 20251,26534,73874.324.28$242,648
Dec 202452028,65468.993.12$125,315
Nov 20241,15533,03069.052.20$152,367
Oct 20241,16738,56471.372.28$171,269
Sep 20241,09629,61869.612.36$146,320
Aug 202491322,13775.632.06$114,733
Jul 202461918,33979.932.15$88,843
Jun 202486425,15178.082.63$133,708
May 20241,11735,22078.812.20$165,460
Apr 20241,00730,62184.451.66$135,848
Mar 20241,11932,46880.301.55$140,023
Feb 20241,35931,66376.091.78$159,882
Jan 20241,64734,77973.023.30$234,953
Dec 20231,21831,31171.262.61$168,539
Nov 202332718,20577.892.81$76,582
Oct 20231,16332,81285.443.09$200,667
Sep 20231,71639,49089.042.74$260,799
Aug 20231,79743,18880.522.67$260,131
Jul 20231,21543,20974.852.64$205,092
Jun 20231,72435,50268.962.26$199,068
May 20231,77139,67070.622.23$213,429
Apr 20231,83840,45378.122.24$234,109
Mar 20231,85638,72272.852.39$227,878
Feb 20231,71338,75375.112.47$224,216
Jan 20232,15443,54576.533.39$312,364
Dec 20222,08642,02776.415.73$400,167
Nov 20221,96941,81185.005.65$403,438
Oct 20222,06143,08387.185.86$432,306
Sep 20221,90938,81684.888.16$478,917
Aug 20223,14070,65494.529.13$941,663
Jul 2022831,481101.587.54$19,601
Jun 202271214,176115.097.98$195,029
May 20222,07145,987109.378.43$614,315
Apr 20221,94644,942104.226.84$510,108
Mar 20222,21447,400108.885.08$481,682
Feb 20222,01044,72391.054.86$400,312
Jan 20222,56050,11681.844.54$436,921
Dec 20212,89848,86371.323.90$397,208
Nov 20212,54547,17077.435.24$444,082
Oct 20212,90151,32179.795.71$524,712
Sep 20212,76850,43369.865.35$463,235
Aug 20212,70652,86866.024.22$401,784
Jul 20212,91556,78770.783.98$432,454
Jun 20213,39555,48169.493.38$423,479
May 20213,47161,84963.483.02$406,979
Apr 20213,26261,34760.362.76$366,115
Mar 20213,18362,17461.302.72$364,041
Feb 20212,74159,14357.805.55$486,552
Jan 20213,63066,77950.412.81$370,655
Dec 20203,74766,50844.642.68$345,206
Nov 20204,10964,79838.772.71$334,686
Oct 20204,44869,61936.972.48$336,988
Sep 20204,68470,58537.091.99$314,267
Aug 20205,59173,87539.982.39$399,727
Jul 20205,29279,95938.371.83$348,989
Jun 20205,54580,34334.901.69$329,325
May 20205,85287,22516.921.81$257,307
Apr 20206,55590,81314.751.80$260,547
Mar 20207,297100,11630.341.86$407,229
Feb 20208,04997,53049.881.98$594,659
Jan 20209,202112,56157.252.09$762,601
Dec 201910,610124,24559.012.30$912,401
Nov 201912,410124,33555.302.75$1,028,281
Oct 201914,337135,64353.472.42$1,094,657
Sep 201917,485152,09855.052.66$1,366,716
Aug 201923,942173,07453.112.30$1,670,384
Jul 201922,905131,88756.272.46$1,613,314
Jun 201933,383162,04552.782.49$2,165,641
May 201934,337139,22858.482.74$2,389,557

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           465 bbl  × $106.41 =    $49,481
Gas               11,723 Mcf  × $  3.05 =    $35,706

────────────────────────────────────────────────────
Month total                                  $85,187

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/287393 is the state's own key, not one this site invented.