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 278732District 10Field 68831001GasSaveExport
Value, all time
$1.2 M
Jun 2015 – May 2026
Value, last 12 filed months
$94 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
GasProduction392,620 Mcf$1,235,078
Total$1,235,078

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 35.8366, -101.7068. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.83660, -101.70679 · 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
3,042 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 3,042 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-3413335733,042 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 20262,483106.413.05$7,563
Apr 20262,46298.932.87$7,065
Mar 20262,87889.753.15$9,064
Feb 20261,44963.503.75$5,434
Jan 20262,91759.138.00$23,330
Dec 20253,29556.664.41$14,542
Nov 20253,39858.593.93$13,342
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 20251,36266.743.32$4,515
Jun 20252,89666.483.13$9,061
May 20253,97960.553.23$12,861
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 202524870.884.34$1,077
Jan 20252,34374.324.28$10,025
Dec 20242,44868.993.12$7,641
Nov 20242,75269.052.20$6,050
Oct 202470771.372.28$1,613
Sep 20241,98269.612.36$4,686
Aug 20242,18575.632.06$4,509
Jul 20242,19179.932.15$4,703
Jun 20241,96678.082.63$5,178
May 20242,02678.812.20$4,454
Apr 20242,34284.451.66$3,886
Mar 20242,45480.301.55$3,792
Feb 20242,38276.091.78$4,249
Jan 20242,31173.023.30$7,621
Dec 20232,44971.262.61$6,394
Nov 20232,32077.892.81$6,514
Oct 20232,31185.443.09$7,135
Sep 20231,76489.042.74$4,825
Aug 20232,09480.522.67$5,597
Jul 20232,10974.852.64$5,572
Jun 20232,10568.962.26$4,754
May 20232,32070.622.23$5,168
Apr 20232,32778.122.24$5,207
Mar 20232,45372.852.39$5,870
Feb 20231,89675.112.47$4,675
Jan 20232,22976.533.39$7,551
Dec 20222,32176.415.73$13,297
Nov 20222,42985.005.65$13,715
Oct 20221,87387.185.86$10,983
Sep 20222,23984.888.16$18,278
Aug 20222,33794.529.13$21,330
Jul 20222,223101.587.54$16,766
Jun 20222,034115.097.98$16,226
May 20222,497109.378.43$21,057
Apr 20222,331104.226.84$15,938
Mar 20222,720108.885.08$13,808
Feb 20221,95191.054.86$9,480
Jan 20222,56581.844.54$11,639
Dec 20212,53471.323.90$9,880
Nov 20212,84677.435.24$14,904
Oct 20212,04079.795.71$11,656
Sep 20212,70369.865.35$14,464
Aug 20213,21166.024.22$13,552
Jul 20213,76870.783.98$15,004
Jun 20213,85769.493.38$13,039
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 202126157.805.55$1,448
Jan 20213,31050.412.81$9,302
Dec 20203,20844.642.68$8,583
Nov 20203,38838.772.71$9,170
Oct 20202,56036.972.48$6,345
Sep 20203,82837.091.99$7,622
Aug 20202,59539.982.39$6,189
Jul 20203,14638.371.83$5,742
Jun 20202,42934.901.69$4,106
May 20203,84016.921.81$6,969
Apr 20203,48014.751.80$6,279
Mar 20203,13430.341.86$5,817
Feb 20203,51949.881.98$6,970
Jan 20203,92457.252.09$8,220
Dec 20193,73759.012.30$8,611
Nov 20193,77555.302.75$10,384
Oct 20192,50353.472.42$6,054
Sep 20193,28855.052.66$8,737
Aug 20192,85053.112.30$6,567
Jul 20193,53256.272.46$8,689
Jun 20192,82652.782.49$7,040
May 20193,15858.482.74$8,654
Apr 20193,75762.632.75$10,334
Mar 20191,35156.803.06$4,137
Feb 20193,46350.852.79$9,669
Jan 20193,48946.033.23$11,263
Dec 20183,51646.594.19$14,716
Nov 20184,23452.934.24$17,940
Oct 20184,93961.443.40$16,783
Sep 20182,83559.543.11$8,811
Aug 20182,74259.403.07$8,409
Jul 201822065.142.93$645
Jun 20182,91660.183.08$8,972
May 20182,96365.382.90$8,595
Apr 20183,34463.842.90$9,700
Mar 20183,81061.222.79$10,618
Feb 20183,17461.782.77$8,780
Jan 20183,96162.874.01$15,881
Dec 20174,11057.272.92$12,007
Nov 20174,00655.423.12$12,492
Oct 20174,72049.292.98$14,083
Sep 20172,06847.523.09$6,385
Aug 20174,01345.373.00$12,057
Jul 20174,21943.873.09$13,025
Jun 20173,05442.493.09$9,429
May 20174,70745.373.26$15,361
Apr 20174,05647.933.21$13,026
Mar 20174,18846.772.98$12,496
Feb 20174,32150.452.95$12,758
Jan 20175,08049.413.42$17,368
Dec 20164,81648.763.72$17,929
Nov 20164,91142.492.64$12,986
Oct 20165,23346.193.09$16,171
Sep 20165,58141.553.10$17,305
Aug 20165,76341.442.92$16,853
Jul 20165,19441.622.92$15,189
Jun 20165,30345.352.69$14,243
May 20166,18242.521.99$12,309
Apr 20164,29636.561.99$8,554
Mar 20164,88333.011.79$8,760
Feb 20165,95726.472.06$12,293
Jan 20166,40927.352.36$15,153
Dec 20156,98432.362.00$13,978
Nov 20154,29138.792.17$9,300
Oct 20157,61543.552.43$18,478
Sep 20158,01342.992.76$22,103
Aug 20151,09040.162.87$3,131
Jul 20151,73048.152.95$5,095
Jun 201551056.152.88$1,470

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                2,483 Mcf  × $  3.05 =     $7,563

────────────────────────────────────────────────────
Month total                                   $7,563

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/278732 is the state's own key, not one this site invented.