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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

2,086,830mcf gas, last 12 months
Operator
Conocophillips Company
County
Culberson County
Field
Ford, West (Wolfcamp)
RRC lease
08-298770

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Where it sits

This county

Culberson CountyCulbersonCulberson County
Culberson County
Oil, last 12 months
29,560 bbl
Gas in Jul 2026
98,083 mcf

Production by month

Gas output fell 27% since May 2025

  • Gas (bars)
  • Oil (line)
Gas output fell 27% since May 2025Monthly gas production and oil for PANDA UNIT, May 2025 to Jul 2026. Gas output fell 27% since May 2025. Monthly average of 135,039 mcf in the latest 3 months, against 185,927 mcf in the first 3.mcf per monthbbl per month00100k2,500200k5,000300k7,500400k10k500k12.5kJul 25OctJan 26AprJul
Gas output fell 27% since May 2025Monthly gas production and oil for PANDA UNIT, May 2025 to Jul 2026. Gas output fell 27% since May 2025. Monthly average of 135,039 mcf in the latest 3 months, against 185,927 mcf in the first 3.mcf per monthbbl per month00100k2,500200k5,000300k7,500400k10k500k12.5kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of PANDA UNIT gas by disposition code each month, May 2025 to Jul 2026. All 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%Jul 25OctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of PANDA UNIT gas by disposition code each month, May 2025 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 2,085,883 mcf

  • Lease fuel (1)

    0.0% · 923 mcf

  • Flared (4)

    0.0% · 24 mcf

1 well on this lease

Wells on PANDA UNIT
API numberWell no.Status
42-109-34171807HActive

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 20, 2024–
Delaware Basin Midstream LLCGas-well gasGathers100Apr 20, 2024–
4J Energy, LLCCondensateGathers50Apr 20, 2024Mar 1, 2025
Cp Energy, L.l.c.CondensateGathers50Apr 20, 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
42-109-34171807H1,294.75

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

15 months, newest first

Ledger for PANDA UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269981,00498,08398,0382$80.46$2.89
Jun 20261,3501,354150,386150,3293$84.81$3.15
May 20261,5471,548156,647156,5843$102.13$2.94
Apr 20261,8091,818174,598174,5260$100.32$2.77
Mar 20262,5152,521191,925191,8611$91.38$3.04
Feb 20263,1463,147177,275177,2180$64.51$3.62
Jan 20263,2483,258171,226171,13511$60.04$7.72
Dec 20255,0725,045274,434274,2953$57.97$4.26
Nov 20252,1102,10497,16397,0670$60.06$3.79
Oct 20251,2471,26959,19959,1530$60.89$3.19
Sep 20253,7433,731255,752255,6481$63.96$2.97
Aug 20252,7752,764280,142280,0290$64.86$2.91
Jul 20252,9853,034167,238167,0960$68.39$3.20
Jun 202510,0069,951318,434318,3504$68.17$3.02
May 20251,8881,88572,10972,1090$62.17$3.12

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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