Skip to content
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

514,239mcf gas, last 12 months−5% vs prior year
Operator
Conocophillips Company
County
Culberson County
Field
Ford, West (Wolfcamp)
RRC lease
08-298732

Is your check right?

Check my statement

Where it sits

This county

Culberson CountyCulbersonCulberson County
Culberson County
Oil, last 12 months
117,362 bbl
Gas in Jul 2026
15,044 mcf

Production by month

Gas output fell 5% over the last 12 months

4 months were not reported.

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 5% over the last 12 monthsMonthly gas production and oil for PANDA UNIT, Apr 2024 to Jul 2026. Gas output fell 5% over the last 12 months. 514,239 mcf in the 12 months through Jul 2026, against 543,440 mcf in the 12 months before.Last 12 months: 514,239 mcfmcf per monthbbl per month0050k10k100k20k150k30k200k40k250k50kApr 24JulOctJan 25AprJulOctJan 26AprJul
Gas output fell 5% over the last 12 monthsMonthly gas production and oil for PANDA UNIT, Apr 2024 to Jul 2026. Gas output fell 5% over the last 12 months. 514,239 mcf in the 12 months through Jul 2026, against 543,440 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050k10k100k20k150k30k200k40k250k50kJul 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% · 513,909 mcf

  • Lease fuel (1)

    0.0% · 257 mcf

  • Flared (4)

    0.0% · 73 mcf

1 well on this lease

Wells on PANDA UNIT
API numberWell no.Status
42-109-34161705HActive

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 25, 2024–
Delaware Basin Midstream LLCGas-well gasGathers100Apr 25, 2024–
4J Energy, LLCCondensateGathers50Apr 25, 2024Mar 1, 2025
Cp Energy, L.l.c.CondensateGathers50Apr 25, 2024Mar 1, 2025

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

Who buys my oilOil price check

1,294.75 acres on the newest permit

Permits for Panda Unit
API numberWell no.Acreson the permit
42-109-34161705H1,294.75

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

Unit decimal checker

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 20263,8253,85515,04415,0299$80.46$2.89
Jun 20266,0206,03634,17134,14712$84.81$3.15
May 20266,4976,49333,13233,10712$102.13$2.94
Apr 20266,6926,70836,46236,4461$100.32$2.77
Mar 20267,7637,77641,48341,4682$91.38$3.04
Feb 20269,2429,21042,10042,0870$64.51$3.62
Jan 20266,0016,02718,43418,40521$60.04$7.72
Dec 202510,32710,34137,90637,8835$57.97$4.26
Nov 202513,55013,56656,11056,0541$60.06$3.79
Oct 202515,05615,07168,69268,6345$60.89$3.19
Sep 202515,35515,34361,47361,4472$63.96$2.97
Aug 202517,03416,98869,23269,2023$64.86$2.91
Jul 202525,01525,070109,355109,2613$68.39$3.20
Jun 202522,34922,28087,11587,0849$68.17$3.02
May 202535,22035,367143,686143,6815$62.17$3.12
Apr 202547,66247,682199,765199,68184$63.54$3.42
Mar 20255563293,5193,48633$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.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorConocophillips CompanyFieldFord, West (Wolfcamp)CountyCulberson County

Conocophillips Company in Culberson County

All Conocophillips Company leases →

Ford, West (Wolfcamp) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km