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BOULDER STATE 57-32

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 287572District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$17.0 M
Jun 2019 – May 2026
Value, last 12 filed months
$819 k
at the published price for each month
Months reported
84
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.”

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
CondensateDisposition187,946 bbl$11,449,627
GasProduction1,804,660 Mcf$5,512,844
Total$16,962,471

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 31.8104, -103.9776. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81043, -103.97758 · 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
10,103 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 10,103 ft.

Completions filed
Jun 2019
1 of 1 wells

1 well

42-389378022H10,103 ftJun 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 (84)

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

84 months

May 20266068,224106.413.05$89,533
Apr 20266548,58498.932.87$89,334
Mar 2026666089.753.15$59,774
Feb 20267335,55863.503.75$67,390
Jan 20265232,32559.138.00$49,520
Dec 2025483056.664.41$27,367
Nov 20254302,68258.593.93$35,724
Oct 20257588,57359.383.30$73,342
Sep 20257008,26562.743.08$69,349
Aug 20258538,88263.933.01$81,309
Jul 20258029,48266.743.32$84,960
Jun 202585811,13266.483.13$91,869
May 202590211,34760.553.23$91,293
Apr 202530511,24262.363.54$58,852
Mar 202570910,79467.704.27$94,072
Feb 20257289,90770.884.34$94,605
Jan 202592111,20674.324.28$116,396
Dec 202493410,88768.993.12$98,419
Nov 202493810,31069.052.20$87,435
Oct 20243,4209,99271.372.28$266,881
Sep 20248549,75969.612.36$82,521
Aug 20248789,24675.632.06$85,483
Jul 20242624,39179.932.15$30,367
Jun 20240078.082.63$0
May 202455078.812.20$4,335
Apr 20241,15912,43984.451.66$118,516
Mar 20241,19212,08480.301.55$114,389
Feb 20241,24913,07576.091.78$118,358
Jan 20241,1129,06773.023.30$111,098
Dec 20231,26312,66471.262.61$123,064
Nov 20231,24912,19477.892.81$131,520
Oct 20231,36012,50285.443.09$154,796
Sep 20231,35513,03689.042.74$156,303
Aug 20231,42113,63680.522.67$150,866
Jul 20231,57215,06274.852.64$157,455
Jun 20231,48013,72268.962.26$133,052
May 20231,68915,50570.622.23$153,813
Apr 20231,65014,64678.122.24$161,672
Mar 20231,54314,21572.852.39$146,426
Feb 20231,24811,52975.112.47$122,164
Jan 20231,80713,67376.533.39$184,610
Dec 20221,0988,99176.415.73$135,408
Nov 20221,30112,07085.005.65$178,735
Oct 20221,56512,48987.185.86$209,669
Sep 20221,70115,73784.888.16$272,853
Aug 20221,65714,84394.529.13$292,094
Jul 20221,72715,959101.587.54$295,793
Jun 20221,87615,938115.097.98$343,049
May 20221,74915,315109.378.43$320,440
Apr 20221,71516,169104.226.84$289,294
Mar 20222,33218,845108.885.08$349,573
Feb 20224605,40891.054.86$68,160
Jan 20221113481.844.54$9,239
Dec 20211,33212,83371.323.90$145,036
Nov 20212,17621,09977.435.24$278,980
Oct 20212,07320,96479.795.71$285,190
Sep 20212,04719,19469.865.35$245,709
Aug 20212,65223,47866.024.22$274,176
Jul 20212,31020,45670.783.98$244,959
Jun 20212,47327,02069.493.38$263,193
May 20212,70428,14863.483.02$256,591
Apr 20212,89529,88760.362.76$257,183
Mar 20212,82329,26161.302.72$252,550
Feb 20211,85118,44957.805.55$209,342
Jan 20212,31825,52350.412.81$188,577
Dec 20203,13731,34644.642.68$223,901
Nov 20202,48025,29438.772.71$164,610
Oct 20203,12534,07836.972.48$199,991
Sep 20203,45633,93137.091.99$195,741
Aug 20203,68240,97239.982.39$244,929
Jul 20203,00237,53538.371.83$183,693
Jun 20204,10643,53634.901.69$216,889
May 20201,21012,72816.921.81$43,571
Apr 20204,19740,02414.751.80$134,124
Mar 20204,72446,94330.341.86$230,463
Feb 20204,88945,21449.881.98$333,417
Jan 20205,77253,60657.252.09$442,738
Dec 20196,15154,33459.012.30$488,176
Nov 20195,68450,66555.302.75$453,689
Oct 20196,75970,30853.472.42$531,446
Sep 20198,12178,00955.052.66$654,353
Aug 20199,02093,18853.112.30$693,791
Jul 201913,120111,98856.272.46$1,013,760
Jun 20199,04481,01452.782.49$679,164

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           606 bbl  × $106.41 =    $64,484
Gas                8,224 Mcf  × $  3.05 =    $25,049

────────────────────────────────────────────────────
Month total                                  $89,533

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/287572 is the state's own key, not one this site invented.