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Royalty Clerk

Texas gas well

Producing

PANDA UNIT

Panda Unit is a gas well in Culberson County, Texas, operated by Conocophillips Company in the Ford, West (Wolfcamp) field.

1 well

1,110,683mcf gas, last 12 months+72% vs prior year
RRC lease
08-298731

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Where it sits

This county

Culberson CountyCulbersonCulberson County
Culberson County
Oil, last 12 months
186,841 bbl
Gas in Jul 2026
72,570 mcf

Production by month

Gas output rose 72% over the last 12 months

4 months were not reported.

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 72% over the last 12 monthsMonthly gas production and oil for PANDA UNIT, Apr 2024 to Jul 2026. Gas output rose 72% over the last 12 months. 1,110,683 mcf in the 12 months through Jul 2026, against 644,592 mcf in the 12 months before.Last 12 months: 1,110,683 mcfmcf per monthbbl per month00100k20k200k40k300k60k400k80kApr 24JulOctJan 25AprJulOctJan 26AprJul
Gas output rose 72% over the last 12 monthsMonthly gas production and oil for PANDA UNIT, Apr 2024 to Jul 2026. Gas output rose 72% over the last 12 months. 1,110,683 mcf in the 12 months through Jul 2026, against 644,592 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00100k20k200k40k300k60k400k80kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of PANDA UNIT gas by disposition code each month, Apr 2024 to Jul 2026. Over 99% 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%Apr 24JulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of PANDA UNIT gas by disposition code each month, Apr 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 1,110,020 mcf

  • Lease fuel (1)

    0.0% · 507 mcf

  • Flared (4)

    0.0% · 156 mcf

1 well on this lease

Wells on PANDA UNIT
API numberWell no.Status
42-109-34160704HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Pipeline L.p.CondensateGathers100Mar 1, 2025–
Delaware Basin Midstream LLCGas-well gasBuys100Apr 13, 2024–
Delaware Basin Midstream LLCGas-well gasGathers100Apr 13, 2024–
4J Energy, LLCCondensateGathers50Apr 13, 2024Mar 1, 2025
Cp Energy, L.l.c.CondensateGathers50Apr 13, 2024Mar 1, 2025

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

1,294.75 acres on the newest permit

Permits for Panda Unit
API numberWell no.Acreson the permit
42-109-34160704H1,294.75

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What ConocoPhillips told investors it received

Conocophillips Company is linked to ConocoPhillips (COP).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

28 months, newest first

Ledger for PANDA UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269,98910,02972,57072,51424$80.46$2.89
Jun 202611,41411,44685,18385,13023$84.81$3.15
May 202612,39812,38392,55192,49323$102.13$2.94
Apr 202611,94711,99491,08891,0492$100.32$2.77
Mar 202615,68315,632110,539110,4985$91.38$3.04
Feb 202611,02611,07554,46554,4480$64.51$3.62
Jan 202615,79015,79888,56188,46555$60.04$7.72
Dec 202519,96819,876108,084108,02110$57.97$4.26
Nov 202510,20010,27544,16144,1171$60.06$3.79
Oct 202519,42919,454105,460105,3736$60.89$3.19
Sep 202520,42620,452108,418108,3723$63.96$2.97
Aug 202528,57128,412149,603149,5404$64.86$2.91
Jul 202514,57114,65469,99069,9292$68.39$3.20
Jun 202521,85721,78888,81288,7828$68.17$3.02
May 202533,66533,845207,091207,0865$62.17$3.12
Apr 202554,77454,645275,380275,28496$63.54$3.42
Mar 20252651573,3193,30316$68.24$4.12
Feb 2025No report filed–––––$71.53$4.19
Jan 2025No report filed–––––$75.74$4.13
Dec 2024No report filed–––––$70.12$3.01
Nov 2024No report filed–––––$69.95$2.12
Oct 202400000$71.99$2.20
Sep 202400000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 202400000$79.77$2.54
May 202400000$80.02$2.12
Apr 202400000$85.35$1.60

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Conocophillips Company in Culberson County

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Ford, West (Wolfcamp) field

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