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
- 08-298768
Is your check right?
Where it sits
This county
- Oil, last 12 months
- 200,095 bbl
- Gas in Jul 2026
- 72,276 mcf
Production by month
Gas output rose 47% over the last 12 months
- Gas (bars)
- Oil (line)
- Last 12 months
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% · 967,166 mcf
Lease fuel (1)
0.0% · 483 mcf
Flared (4)
0.0% · 170 mcf
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-109-34158 | 702H | 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 | Apr 4, 2024 | – |
| Delaware Basin Midstream LLC | Gas-well gas | Gathers | 100 | Apr 4, 2024 | – |
| 4J Energy, LLC | Condensate | Gathers | 50 | Apr 4, 2024 | Mar 1, 2025 |
| Cp Energy, L.l.c. | Condensate | Gathers | 50 | Apr 4, 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 | $21.93 | SEC filing |
SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
28 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 13,090 | 13,126 | 72,276 | 72,213 | 32 | $80.46 | $2.89 |
| Jun 2026 | 12,959 | 12,994 | 66,687 | 66,637 | 26 | $84.81 | $3.15 |
| May 2026 | 14,096 | 14,080 | 77,143 | 77,088 | 26 | $102.13 | $2.94 |
| Apr 2026 | 13,666 | 13,625 | 71,077 | 71,045 | 3 | $100.32 | $2.77 |
| Mar 2026 | 8,717 | 8,773 | 18,954 | 18,945 | 3 | $91.38 | $3.04 |
| Feb 2026 | 14,491 | 14,503 | 74,192 | 74,168 | 0 | $64.51 | $3.62 |
| Jan 2026 | 15,558 | 15,561 | 76,099 | 76,010 | 54 | $60.04 | $7.72 |
| Dec 2025 | 19,170 | 19,153 | 93,395 | 93,339 | 10 | $57.97 | $4.26 |
| Nov 2025 | 19,337 | 19,348 | 95,291 | 95,196 | 2 | $60.06 | $3.79 |
| Oct 2025 | 19,930 | 19,975 | 102,823 | 102,738 | 6 | $60.89 | $3.19 |
| Sep 2025 | 23,303 | 23,285 | 106,703 | 106,657 | 4 | $63.96 | $2.97 |
| Aug 2025 | 25,778 | 25,670 | 113,179 | 113,130 | 4 | $64.86 | $2.91 |
| Jul 2025 | 25,213 | 25,289 | 116,246 | 116,146 | 3 | $68.39 | $3.20 |
| Jun 2025 | 26,047 | 25,964 | 115,814 | 115,775 | 10 | $68.17 | $3.02 |
| May 2025 | 39,174 | 39,335 | 180,784 | 180,779 | 5 | $62.17 | $3.12 |
| Apr 2025 | 52,480 | 52,788 | 239,123 | 239,031 | 92 | $63.54 | $3.42 |
| Mar 2025 | 1,314 | 778 | 7,529 | 7,451 | 78 | $68.24 | $4.12 |
| Feb 2025 | 0 | 0 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025 | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024 | 0 | 0 | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024 | 0 | 0 | 0 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024 | 0 | 0 | 0 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024 | 0 | 0 | 0 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024 | 0 | 0 | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024 | 0 | 0 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024 | 0 | 0 | 0 | 0 | 0 | $79.77 | $2.54 |
| May 2024 | 0 | 0 | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024 | 0 | 0 | 0 | 0 | 0 | $85.35 | $1.60 |
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 leaseDo your checks match this lease?
Nearby
This lease belongs to
Conocophillips Company in Culberson County
- PANDA UNIT
1,057,349 mcf
- PANDA UNIT
1,162,568 mcf
- PANDA UNIT
1,110,683 mcf
- PANDA UNIT
966,384 mcf
- PANDA UNIT
582,021 mcf
- PANDA UNIT
1,820,786 mcf
- PANDA UNIT
1,835,522 mcf
- PANDA UNIT
490,681 mcf
- BLACKJACK
1,191,062 mcf
- PANDA UNIT
1,562,161 mcf
Ford, West (Wolfcamp) field
- HAY DENISE STATE 08/05
1,459,939 mcf
- STREET SENSE 40 UNIT
1,314,968 mcf
- PANDA UNIT
1,057,349 mcf
- STREET SENSE 40 UNIT
1,199,685 mcf
- CITATION 41-32 F
1,479,921 mcf
- OLD ROSEBUD 37 UNIT
1,455,229 mcf
- TYPHOON 42 UNIT
1,293,393 mcf
- NEEDLES 39 UNIT
1,131,833 mcf
- VAGRANT 38 FEE UNIT
1,184,325 mcf
- TYPHOON 42 UNIT
1,136,101 mcf
Leases within 10 km
- PANDA UNIT
1,110,683 mcf · 0 km
- PANDA UNIT
582,021 mcf · 0 km
- PANDA UNIT
1,562,161 mcf · 0 km
- PANDA UNIT
514,239 mcf · 0 km
- PANDA UNIT
2,076,591 mcf · 0 km
- PANDA UNIT
1,162,568 mcf · 0 km
- GARTON
0 bbl · 0.2 km
- HAY ARIA 03/46
1,016,244 mcf · 0.3 km
- HAY ARIA 03/46
624,324 mcf · 0.3 km
- HAY ARIA 03/46
786,575 mcf · 0.3 km
Drilling permits within 10 km
LONESTAR STATE #801H
new drill · horizontal · Conocophillips Company · Reeves County · 6.1 km
Permit 0918055 · Aug 27, 2026
LONESTAR STATE #802H
new drill · horizontal · Conocophillips Company · Reeves County · 6.1 km
Permit 0918054 · Aug 26, 2026
LONESTAR STATE #804H
new drill · horizontal · Conocophillips Company · Reeves County · 6.1 km
Permit 0918052 · Aug 26, 2026
LONESTAR STATE #803H
new drill · horizontal · Conocophillips Company · Reeves County · 6.1 km
Permit 0918053 · Aug 26, 2026
LONESTAR STATE #805H
new drill · horizontal · Conocophillips Company · Reeves County · 6.1 km
Permit 0918051 · Aug 26, 2026