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Texas gas well

Producing

BOULDER STATE 57-32

Boulder State 57-32 is a gas well in Reeves County, Texas, operated by Coterra Energy Operating Co. in the Phantom (Wolfcamp) field.

1 well

68,817mcf gas, last 12 months−45% vs prior year
RRC lease
08-287572

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
7,600 bbl
Gas in Jul 2026
8,085 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Coterra Energy Operating Co. took over from Cimarex Energy Co. in Nov 2025.

  • P-5

    The previous operator's P-5 registration is listed as delinquent (last P-5 filed Jul 8, 2025).

  • Buyer

    Buyer changed: COTERRA ENERGY OPERATING CO. replaced CIMAREX ENERGY CO. as the buyer of this lease's gas from gas wells on Jan 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 45% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 45% over the last 12 monthsMonthly gas production and oil for BOULDER STATE 57-32, Aug 2023 to Jul 2026. Gas output fell 45% over the last 12 months. 68,817 mcf in the 12 months through Jul 2026, against 125,304 mcf in the 12 months before.Last 12 months: 68,817 mcfmcf per monthbbl per month005,0001,00010k2,00015k3,00020k4,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 45% over the last 12 monthsMonthly gas production and oil for BOULDER STATE 57-32, Aug 2023 to Jul 2026. Gas output fell 45% over the last 12 months. 68,817 mcf in the 12 months through Jul 2026, against 125,304 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month005,0001,00010k2,00015k3,00020k4,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
All of the gas went to a processing plant in the last 12 monthsShare of BOULDER STATE 57-32 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of BOULDER STATE 57-32 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Nov 2025

Operators of this lease over timeCimarex Energy Co., Jan 2020 to Oct 2025; Coterra Energy Operating Co., Nov 2025 to Jul 20262020202120222023202420252026Changed Nov 2025Cimarex Energy Co.Jan 2020 to Oct 2025Coterra Energy Operating Co.Nov 2025 to now
Operators of this lease over timeCimarex Energy Co., Jan 2020 to Oct 2025; Coterra Energy Operating Co., Nov 2025 to Jul 20262020202120222023202420252026Changed Nov 2025Cimarex Energy Co.Jan 2020 to Oct 2025Coterra Energy Operating Co.Nov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BOULDER STATE 57-32
API numberWell no.Status
42-389-378022HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.CondensateGathers50Jun 1, 2020–
Plains Pipeline L.p.CondensateGathers50Jun 1, 2020–
Coterra Energy Operating Co.Gas-well gasBuys100Jan 1, 2026–
Coterra Energy Operating Co.Gas-well gasGathers100Jan 1, 2026–
Cimarex Energy Co.Gas-well gasGathers100Jun 8, 2019Jan 1, 2026
Cimarex Energy Co.Gas-well gasBuys100Jun 8, 2019Jan 1, 2026
Bp Products North America Inc.CondensateGathers100Jun 8, 2019Jun 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

640 acres on the newest permit

Permits for Boulder State 57-32
API numberWell no.Acreson the permit
42-389-378022H640

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What Devon Energy Corporation told investors it received

Coterra Energy Operating Co. is linked to Devon Energy Corporation (CTRA).
Realized prices reported by Devon Energy Corporation
QuarterOil$ per bblFiling
Q2 2026$95.10SEC filing
Q1 2026$70.79SEC filing
Q3 2025$64.10SEC filing
Q2 2025$62.80SEC filing
Q1 2025$69.73SEC filing
Q3 2024$74.04SEC filing

SourceDevon Energy Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for BOULDER STATE 57-32
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Coterra Energy5825808,0858,0850$80.46$2.89
Jun 2026Coterra Energy6206207,6397,6390$84.81$3.15
May 2026Coterra Energy6076068,2248,2240$102.13$2.94
Apr 2026Coterra Energy6486548,5848,5840$100.32$2.77
Mar 2026Coterra Energy657666000$91.38$3.04
Feb 2026Coterra Energy7407335,5585,5580$64.51$3.62
Jan 2026Coterra Energy5245232,3252,3250$60.04$7.72
Dec 2025Coterra Energy484483000$57.97$4.26
Nov 2025Coterra Energy4234302,6822,6820$60.06$3.79
Oct 2025Cimarex Energy7657588,5738,5730$60.89$3.19
Sep 2025Cimarex Energy6987008,2658,2650$63.96$2.97
Aug 2025Cimarex Energy8528538,8828,8820$64.86$2.91
Jul 2025Cimarex Energy8028029,4829,4820$68.39$3.20
Jun 2025Cimarex Energy86085811,13211,1320$68.17$3.02
May 2025Cimarex Energy90790211,34711,3470$62.17$3.12
Apr 2025Cimarex Energy30430511,24211,2420$63.54$3.42
Mar 2025Cimarex Energy70870910,79410,7940$68.24$4.12
Feb 2025Cimarex Energy7267289,9079,9070$71.53$4.19
Jan 2025Cimarex Energy92292111,20611,2060$75.74$4.13
Dec 2024Cimarex Energy93493410,88710,8870$70.12$3.01
Nov 2024Cimarex Energy92493810,31010,3100$69.95$2.12
Oct 2024Cimarex Energy3,4383,4209,9929,9920$71.99$2.20
Sep 2024Cimarex Energy8548549,7599,7590$70.24$2.28
Aug 2024Cimarex Energy8798789,2469,2460$76.68$1.99
Jul 2024Cimarex Energy2632624,3914,3910$81.80$2.07
Jun 2024Cimarex Energy00000$79.77$2.54
May 2024Cimarex Energy655000$80.02$2.12
Apr 2024Cimarex Energy1,0781,15912,43911,3020$85.35$1.60
Mar 2024Cimarex Energy1,1891,19212,08411,6510$81.28$1.49
Feb 2024Cimarex Energy1,2501,24913,07512,9690$77.25$1.72
Jan 2024Cimarex Energy1,1081,1129,0678,9480$74.15$3.18
Dec 2023Cimarex Energy1,2711,26312,66411,3340$71.90$2.52
Nov 2023Cimarex Energy1,2661,24912,19411,7170$77.69$2.71
Oct 2023Cimarex Energy1,3181,36012,50211,9790$85.64$2.98
Sep 2023Cimarex Energy1,3871,35513,03612,7060$89.43$2.64
Aug 2023Cimarex Energy1,4161,42113,63613,2030$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Phantom (Wolfcamp) field

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