OTIS PHILLIPS

Operated by PANTERA ENERGY COMPANY (P-5 638486) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278731District 10Field 68831001GasSaveExport
Value, all time
$2.1 M
Jun 2015 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
132
no gaps in the span
Streams
1
gas

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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction650,136 Mcf$2,054,406
Total$2,054,406

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 35.8491, -101.7119. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.84908, -101.71189 · 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
3,101 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 3,101 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-3413335623,101 ftJun 2015

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 (132)

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

132 months

May 20263,602106.413.05$10,971
Apr 20263,65098.932.87$10,474
Mar 20263,57389.753.15$11,253
Feb 20261,95063.503.75$7,313
Jan 20264,08759.138.00$32,688
Dec 20254,69256.664.41$20,707
Nov 20252,51058.593.93$9,855
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 202598766.743.32$3,272
Jun 20253,38466.483.13$10,588
May 20254,84560.553.23$15,661
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 202542770.884.34$1,854
Jan 20253,13874.324.28$13,427
Dec 20243,45568.993.12$10,784
Nov 20243,87369.052.20$8,515
Oct 20241,08971.372.28$2,484
Sep 20243,39469.612.36$8,025
Aug 20243,57675.632.06$7,380
Jul 20243,67579.932.15$7,889
Jun 20243,42578.082.63$9,021
May 20243,50478.812.20$7,703
Apr 20243,50084.451.66$5,807
Mar 20243,52180.301.55$5,440
Feb 20243,22876.091.78$5,758
Jan 20243,24973.023.30$10,714
Dec 20233,63971.262.61$9,500
Nov 20233,73177.892.81$10,475
Oct 20233,02785.443.09$9,345
Sep 20233,28589.042.74$8,985
Aug 20233,69080.522.67$9,863
Jul 20234,05974.852.64$10,723
Jun 20233,95668.962.26$8,935
May 20234,29170.622.23$9,558
Apr 20233,89178.122.24$8,707
Mar 20234,41872.852.39$10,573
Feb 20233,38675.112.47$8,349
Jan 20233,51076.533.39$11,891
Dec 20224,13776.415.73$23,701
Nov 20223,64485.005.65$20,575
Oct 20222,73087.185.86$16,008
Sep 20224,14084.888.16$33,798
Aug 20224,34194.529.13$39,621
Jul 20224,589101.587.54$34,611
Jun 20223,763115.097.98$30,018
May 20224,744109.378.43$40,006
Apr 20224,496104.226.84$30,742
Mar 20225,208108.885.08$26,438
Feb 20223,51891.054.86$17,093
Jan 20222,51981.844.54$11,430
Dec 20212,50371.323.90$9,760
Nov 20214,79677.435.24$25,116
Oct 20212,94979.795.71$16,850
Sep 20214,46869.865.35$23,908
Aug 20214,58866.024.22$19,364
Jul 20214,70470.783.98$18,732
Jun 20214,50569.493.38$15,230
May 20214,76963.483.02$14,391
Apr 20214,69860.362.76$12,959
Mar 20214,97261.302.72$13,509
Feb 20213,75457.805.55$20,827
Jan 20214,92950.412.81$13,852
Dec 20205,05644.642.68$13,527
Nov 20205,34638.772.71$14,469
Oct 20204,18236.972.48$10,365
Sep 20205,34737.091.99$10,646
Aug 20204,25039.982.39$10,137
Jul 20205,33038.371.83$9,728
Jun 20205,16634.901.69$8,732
May 20205,86216.921.81$10,638
Apr 20205,37914.751.80$9,706
Mar 20204,66330.341.86$8,656
Feb 20205,33549.881.98$10,567
Jan 20205,84757.252.09$12,248
Dec 20195,89959.012.30$13,593
Nov 20195,84855.302.75$16,086
Oct 20194,39353.472.42$10,625
Sep 20196,14255.052.66$16,321
Aug 20194,39253.112.30$10,121
Jul 20195,26856.272.46$12,960
Jun 20195,76552.782.49$14,362
May 20195,44958.482.74$14,932
Apr 20195,82562.632.75$16,023
Mar 20196,22656.803.06$19,065
Feb 20195,78550.852.79$16,153
Jan 20195,39146.033.23$17,403
Dec 20185,46646.594.19$22,878
Nov 20186,51952.934.24$27,623
Oct 20187,41461.443.40$25,193
Sep 20185,30259.543.11$16,479
Aug 20184,63759.403.07$14,220
Jul 201820765.142.93$607
Jun 20184,64260.183.08$14,283
May 20184,84365.382.90$14,049
Apr 20186,00363.842.90$17,414
Mar 20186,63061.222.79$18,477
Feb 20185,46861.782.77$15,125
Jan 20186,74362.874.01$27,035
Dec 20176,75757.272.92$19,741
Nov 20176,68555.423.12$20,846
Oct 20178,18949.292.98$24,433
Sep 20173,13147.523.09$9,666
Aug 20176,86445.373.00$20,622
Jul 20177,59743.873.09$23,454
Jun 20175,31742.493.09$16,415
May 20177,10645.373.26$23,190
Apr 20176,96047.933.21$22,353
Mar 20177,27246.772.98$21,697
Feb 20176,69550.452.95$19,768
Jan 20177,53149.413.42$25,747
Dec 20167,85448.763.72$29,239
Nov 20167,89842.492.64$20,885
Oct 20168,00146.193.09$24,725
Sep 20168,39841.553.10$26,039
Aug 20168,75541.442.92$25,603
Jul 20168,32141.622.92$24,333
Jun 20168,63045.352.69$23,179
May 20169,63442.521.99$19,182
Apr 20167,00936.561.99$13,955
Mar 20168,11933.011.79$14,566
Feb 20169,73626.472.06$20,092
Jan 20169,66927.352.36$22,861
Dec 201510,14432.362.00$20,302
Nov 20158,41038.792.17$18,227
Oct 201511,68643.552.43$28,357
Sep 201510,04242.992.76$27,700
Aug 20156,70940.162.87$19,272
Jul 20158,31648.152.95$24,491
Jun 2015056.152.88$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
Gas                3,602 Mcf  × $  3.05 =    $10,971

────────────────────────────────────────────────────
Month total                                  $10,971

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. 10/G/278731 is the state's own key, not one this site invented.