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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

582,021mcf gas, last 12 months+6% vs prior year
Operator
Conocophillips Company
County
Culberson County
Field
Ford, West (Wolfcamp)
RRC lease
08-298769

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Where it sits

This county

Culberson CountyCulbersonCulberson County
Culberson County
Oil, last 12 months
139,135 bbl
Gas in Jul 2026
21,136 mcf

Production by month

Gas output rose 6% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 6% over the last 12 monthsMonthly gas production and oil for PANDA UNIT, Mar 2024 to Jul 2026. Gas output rose 6% over the last 12 months. 582,021 mcf in the 12 months through Jul 2026, against 550,236 mcf in the 12 months before.Last 12 months: 582,021 mcfmcf per monthbbl per month0050k10k100k20k150k30k200k40k250k50kApr 24JulOctJan 25AprJulOctJan 26AprJul
Gas output rose 6% over the last 12 monthsMonthly gas production and oil for PANDA UNIT, Mar 2024 to Jul 2026. Gas output rose 6% over the last 12 months. 582,021 mcf in the 12 months through Jul 2026, against 550,236 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, Mar 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, Mar 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% · 581,615 mcf

  • Lease fuel (1)

    0.1% · 292 mcf

  • Flared (4)

    0.0% · 114 mcf

1 well on this lease

Wells on PANDA UNIT
API numberWell no.Status
42-109-34159703HActive

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 gasBuys100Mar 24, 2024–
Delaware Basin Midstream LLCGas-well gasGathers100Mar 24, 2024–
4J Energy, LLCCondensateGathers50Mar 24, 2024Mar 1, 2025
Cp Energy, L.l.c.CondensateGathers50Mar 24, 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
42-109-34159703H1,294.75

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

29 months, newest first

Ledger for PANDA UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,5725,61021,13621,11314$80.46$2.89
Jun 20268,1758,18628,95028,92416$84.81$3.15
May 20267,7897,79121,53021,50715$102.13$2.94
Apr 20268,6068,64335,78735,7712$100.32$2.77
Mar 202611,57411,56561,43261,4084$91.38$3.04
Feb 202611,06011,08053,40053,3830$64.51$3.62
Jan 202612,97312,98358,39158,31945$60.04$7.72
Dec 202516,78216,75667,59567,5548$57.97$4.26
Nov 202515,45215,43871,41171,3401$60.06$3.79
Oct 202512,96712,96451,63851,5944$60.89$3.19
Sep 202511,35411,37545,93345,9132$63.96$2.97
Aug 202516,83116,77864,81864,7893$64.86$2.91
Jul 202522,32422,43092,37292,2923$68.39$3.20
Jun 202529,79129,677122,779122,73711$68.17$3.02
May 202533,76033,902137,080137,0755$62.17$3.12
Apr 202546,22446,434193,076192,99581$63.54$3.42
Mar 20251,0055954,9294,87059$68.24$4.12
Feb 202500000$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202400000$70.12$3.01
Nov 202400000$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
Mar 202400000$81.28$1.49

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

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This lease belongs to

OperatorConocophillips CompanyFieldFord, West (Wolfcamp)CountyCulberson County

Conocophillips Company in Culberson County

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Ford, West (Wolfcamp) field

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