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BIGHORN SOUTH UNIT 1-31

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.

Oil lease lease 48550District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$53.7 M
Sep 2016 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
117
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition685,403 bbl$39,369,859
Casinghead gasProduction4,368,750 Mcf$14,358,311
Total$53,728,170

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 31.7626, -103.7708. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76259, -103.77081 · 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
11,016 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 11,016 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-389351702H11,016 ftSep 2016——

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 (117)

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

117 months

May 20261,28211,231106.413.05$170,625
Apr 20261,72412,67398.932.87$206,923
Mar 20268186,78189.753.15$94,772
Feb 20267838,20563.503.75$80,492
Jan 20262141,14959.138.00$21,843
Dec 202539221856.664.41$23,173
Nov 20251,38410,72158.593.93$123,184
Oct 20251,44410,43759.383.30$120,237
Sep 20251,60011,29962.743.08$135,150
Aug 20251,96512,78863.933.01$164,175
Jul 20252,22712,75766.743.32$190,922
Jun 20251,72310,83766.483.13$148,451
May 20252,15313,49060.553.23$173,968
Apr 20252,47814,47362.363.54$205,808
Mar 20252,59916,95967.704.27$248,339
Feb 20251,91711,77770.884.34$186,999
Jan 20252,03912,33374.324.28$204,307
Dec 20242,21513,48668.993.12$194,908
Nov 20241,84411,78069.052.20$153,226
Oct 20242,0879,66471.372.28$170,997
Sep 20242,47314,22369.612.36$205,774
Aug 20242,90815,06075.632.06$251,010
Jul 20241,4238,65879.932.15$132,326
Jun 20241,3678,68178.082.63$129,601
May 20241,74610,55178.812.20$160,798
Apr 20242,20812,14884.451.66$206,622
Mar 20242,20711,80980.301.55$195,469
Feb 20242,73215,62876.091.78$235,753
Jan 20241,87911,54273.023.30$175,266
Dec 20232,93114,39271.262.61$246,437
Nov 20232,26515,15677.892.81$218,972
Oct 20231,78913,41985.443.09$194,280
Sep 20232,22815,25089.042.74$240,090
Aug 20232,38420,39980.522.67$246,484
Jul 20231,92820,01274.852.64$197,179
Jun 20231891,16868.962.26$15,671
May 20234194,74270.622.23$40,152
Apr 20238597,20078.122.24$83,217
Mar 20231,75216,83172.852.39$167,912
Feb 20233364575.112.47$4,069
Jan 2023254076.533.39$19,439
Dec 20229288,90776.415.73$121,937
Nov 20222,79820,73885.005.65$354,921
Oct 20223,67627,03987.185.86$479,024
Sep 20223,55526,58384.888.16$518,764
Aug 20223,71627,37394.529.13$601,074
Jul 20224,63229,795101.587.54$695,235
Jun 20224,01025,938115.097.98$668,424
May 20223,98526,218109.378.43$656,937
Apr 20224,02526,564104.226.84$601,120
Mar 20224,68128,503108.885.08$654,360
Feb 20224,57625,06091.054.86$538,407
Jan 20224,61129,50981.844.54$511,267
Dec 20215,07230,57871.323.90$480,962
Nov 20215,01229,83777.435.24$544,331
Oct 20215,02234,53179.795.71$598,011
Sep 20215,04235,73069.865.35$543,422
Aug 20214,50838,50366.024.22$460,124
Jul 20214,33429,57070.783.98$424,511
Jun 20214,50432,84569.493.38$424,019
May 20214,76633,21763.483.02$402,784
Apr 20214,90633,23360.362.76$387,797
Mar 20214,98535,06561.302.72$400,850
Feb 20214,21830,19357.805.55$411,310
Jan 20215,63736,51450.412.81$386,775
Dec 20205,46635,23844.642.68$338,280
Nov 20205,08529,44438.772.71$276,838
Oct 20204,82334,06436.972.48$262,732
Sep 20205,30735,19537.091.99$266,911
Aug 20204,82837,69939.982.39$282,939
Jul 20205,18838,24238.371.83$268,860
Jun 20205,04836,86434.901.69$238,487
May 20206,04938,50716.921.81$172,230
Apr 20205,47338,11314.751.80$149,497
Mar 20206,00038,61630.341.86$253,720
Feb 20205,78138,57249.881.98$364,755
Jan 20206,07939,66157.252.09$431,102
Dec 20196,17841,09959.012.30$459,271
Nov 20195,84939,07855.302.75$430,942
Oct 20195,85140,52753.472.42$410,869
Sep 20196,33346,86655.052.66$473,168
Aug 20196,31944,07253.112.30$437,160
Jul 20195,89341,83656.272.46$434,518
Jun 20196,22141,41552.782.49$431,517
May 20197,90451,75058.482.74$604,037
Apr 201912,27174,35762.632.75$973,067
Mar 20192,26615,57656.803.06$176,404
Feb 20197,03848,88850.852.79$494,388
Jan 20198,36355,21046.033.23$563,177
Dec 20188,42758,40146.594.19$637,048
Nov 20187,97456,93152.934.24$663,294
Oct 20188,69562,16661.443.40$745,466
Sep 20188,72961,49759.543.11$710,857
Aug 20189,14967,09459.403.07$749,198
Jul 20189,89569,36365.142.93$847,924
Jun 201810,10772,34860.183.08$830,848
May 201810,80177,03265.382.90$929,624
Apr 201811,15878,73863.842.90$940,730
Mar 201812,61084,62861.222.79$1,007,829
Feb 201812,17384,17061.782.77$984,872
Jan 201814,52295,36862.874.01$1,295,359
Dec 201715,703101,24857.272.92$1,195,109
Nov 201715,44094,43955.423.12$1,150,180
Oct 201717,958104,75049.292.98$1,197,690
Sep 201717,07597,92347.523.09$1,113,720
Aug 201720,146116,06645.373.00$1,262,733
Jul 201722,770128,32643.873.09$1,395,098
Jun 201720,022113,71142.493.09$1,201,792
May 201722,218126,28645.373.26$1,420,152
Apr 201722,685127,41847.933.21$1,496,508
Mar 201723,995131,92946.772.98$1,515,880
Feb 201722,048113,04050.452.95$1,446,084
Jan 201721,023100,28349.413.42$1,381,594
Dec 20162,40612,09148.763.72$162,329
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$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
Oil                1,282 bbl  × $106.41 =   $136,418
Casinghead gas    11,231 Mcf  × $  3.05 =    $34,208

────────────────────────────────────────────────────
Month total                                 $170,625

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/O/48550 is the state's own key, not one this site invented.