Texas gas well
ProducingPANDA UNIT
Panda Unit is a gas well in Culberson County, Texas, operated by Conocophillips Company in the Ford, West (Wolfcamp) field.
1 well
- Operator
- Conocophillips Company
- County
- Culberson County
- RRC lease
- 08-298763
Is your check right?
Where it sits
This county
- Oil, last 12 months
- 132,763 bbl
- Gas in Jul 2026
- 32,653 mcf
Production by month
Gas output fell 55% since Mar 2025
- Gas (bars)
- Oil (line)
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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
100% · 490,333 mcf
Lease fuel (1)
0.0% · 238 mcf
Flared (4)
0.0% · 110 mcf
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-109-34165 | 709H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Pipeline L.p. | Condensate | Gathers | 100 | Mar 1, 2025 | – |
| Delaware Basin Midstream LLC | Gas-well gas | Buys | 100 | May 26, 2024 | – |
| Delaware Basin Midstream LLC | Gas-well gas | Gathers | 100 | May 26, 2024 | – |
| 4J Energy, LLC | Condensate | Gathers | 50 | May 26, 2024 | Mar 1, 2025 |
| Cp Energy, L.l.c. | Condensate | Gathers | 50 | May 26, 2024 | Mar 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What ConocoPhillips told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $99.40 | $2.58 | $24.54 | SEC filing |
| Q1 2026 | $73.47 | $4.09 | $20.42 | SEC filing |
| Q3 2025 | $66.13 | $4.28 | $19.20 | SEC filing |
| Q2 2025 | $64.23 | $4.16 | $20.98 | SEC filing |
| Q1 2025 | $71.65 | $5.62 | $25.40 | SEC filing |
| Q3 2024 | $76.77 | $4.42 | $21.93 | SEC filing |
SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
17 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 7,007 | 7,040 | 32,653 | 32,622 | 17 | $80.46 | $2.89 |
| Jun 2026 | 8,416 | 8,435 | 28,663 | 28,636 | 17 | $84.81 | $3.15 |
| May 2026 | 8,805 | 8,799 | 30,327 | 30,299 | 17 | $102.13 | $2.94 |
| Apr 2026 | 8,998 | 9,023 | 31,930 | 31,915 | 2 | $100.32 | $2.77 |
| Mar 2026 | 10,708 | 10,692 | 47,962 | 47,943 | 3 | $91.38 | $3.04 |
| Feb 2026 | 9,473 | 9,487 | 38,256 | 38,244 | 0 | $64.51 | $3.62 |
| Jan 2026 | 10,775 | 10,772 | 30,538 | 30,486 | 38 | $60.04 | $7.72 |
| Dec 2025 | 12,668 | 12,649 | 47,570 | 47,541 | 6 | $57.97 | $4.26 |
| Nov 2025 | 11,649 | 11,663 | 44,968 | 44,923 | 1 | $60.06 | $3.79 |
| Oct 2025 | 13,041 | 13,058 | 50,220 | 50,178 | 4 | $60.89 | $3.19 |
| Sep 2025 | 13,698 | 13,704 | 49,692 | 49,670 | 2 | $63.96 | $2.97 |
| Aug 2025 | 17,525 | 17,430 | 57,902 | 57,876 | 3 | $64.86 | $2.91 |
| Jul 2025 | 9,721 | 9,800 | 28,798 | 28,773 | 1 | $68.39 | $3.20 |
| Jun 2025 | 18,616 | 18,545 | 67,594 | 67,570 | 7 | $68.17 | $3.02 |
| May 2025 | 21,650 | 21,718 | 78,702 | 78,699 | 3 | $62.17 | $3.12 |
| Apr 2025 | 24,228 | 24,612 | 118,247 | 118,204 | 43 | $63.54 | $3.42 |
| Mar 2025 | 1,198 | 709 | 6,469 | 6,398 | 71 | $68.24 | $4.12 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this leaseDo your checks match this lease?
Nearby
This lease belongs to
Conocophillips Company in Culberson County
- PANDA UNIT
966,384 mcf
- PANDA UNIT
582,021 mcf
- PANDA UNIT
1,820,786 mcf
- PANDA UNIT
1,835,522 mcf
- BLACKJACK
1,191,062 mcf
- PANDA UNIT
1,562,161 mcf
- BRONCO UNIT
1,930,939 mcf
- PANDA UNIT
514,239 mcf
- BLACKJACK
1,576,925 mcf
- PANDA UNIT
2,273,722 mcf
Ford, West (Wolfcamp) field
- PANDA UNIT
1,835,522 mcf
- HAY VALERIE
789,123 mcf
- LOOKOUT 7 FEE WR F
1,394,455 mcf
- HAY OLIVIA
920,150 mcf
- LOOKOUT 7 FEE WR B
1,272,628 mcf
- HAY MARTIN 41/44
1,304,456 mcf
- TOMY LEE 20-29 I
717,825 mcf
- SUNSET STATE C
1,135,056 mcf
- BLACKJACK
1,191,062 mcf
- BIG KAHUNA
1,893,911 mcf
Leases within 10 km
- PANDA UNIT
2,086,830 mcf · 0 km
- PANDA UNIT
2,273,722 mcf · 0 km
- PANDA UNIT
1,057,349 mcf · 0 km
- PANDA UNIT
966,384 mcf · 0 km
- PANDA UNIT
1,835,522 mcf · 0 km
- PANDA UNIT
1,820,786 mcf · 0 km
- HAY ARIA 03/46
733,313 mcf · 0.2 km
- HAY ARIA 03/46
219,150 mcf · 0.3 km
- HAY ARIA 03/46 A
247,146 mcf · 0.3 km
- HAY ARIA 03/46
393,729 mcf · 0.3 km
Drilling permits within 10 km
LONESTAR STATE #801H
new drill · horizontal · Conocophillips Company · Reeves County · 6.3 km
Permit 0918055 · Aug 27, 2026
LONESTAR STATE #802H
new drill · horizontal · Conocophillips Company · Reeves County · 6.3 km
Permit 0918054 · Aug 26, 2026
LONESTAR STATE #804H
new drill · horizontal · Conocophillips Company · Reeves County · 6.3 km
Permit 0918052 · Aug 26, 2026
LONESTAR STATE #803H
new drill · horizontal · Conocophillips Company · Reeves County · 6.3 km
Permit 0918053 · Aug 26, 2026
LONESTAR STATE #805H
new drill · horizontal · Conocophillips Company · Reeves County · 6.3 km
Permit 0918051 · Aug 26, 2026