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
- 08-298771
Is your check right?
Where it sits
This county
- Oil, last 12 months
- 131,607 bbl
- Gas in Jul 2026
- 17,017 mcf
Production by month
Gas output fell 68% 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
Flaring peaked at 7.3% of the gas in Mar 2025.
- Processing plant (3)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
100% · 965,825 mcf
Lease fuel (1)
0.0% · 477 mcf
Flared (4)
0.0% · 82 mcf
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-109-34163 | 707H | 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 17, 2024 | – |
| Delaware Basin Midstream LLC | Gas-well gas | Gathers | 100 | May 17, 2024 | – |
| 4J Energy, LLC | Condensate | Gathers | 50 | May 17, 2024 | Mar 1, 2025 |
| Cp Energy, L.l.c. | Condensate | Gathers | 50 | May 17, 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 | 4,001 | 4,017 | 17,017 | 17,000 | 10 | $80.46 | $2.89 |
| Jun 2026 | 4,527 | 4,549 | 54,743 | 54,714 | 9 | $84.81 | $3.15 |
| May 2026 | 5,850 | 5,850 | 70,158 | 70,120 | 11 | $102.13 | $2.94 |
| Apr 2026 | 6,339 | 6,361 | 58,611 | 58,586 | 1 | $100.32 | $2.77 |
| Mar 2026 | 8,074 | 8,070 | 87,877 | 87,846 | 2 | $91.38 | $3.04 |
| Feb 2026 | 7,861 | 7,868 | 68,812 | 68,790 | 0 | $64.51 | $3.62 |
| Jan 2026 | 8,527 | 8,547 | 71,948 | 71,885 | 30 | $60.04 | $7.72 |
| Dec 2025 | 12,659 | 12,658 | 103,895 | 103,838 | 6 | $57.97 | $4.26 |
| Nov 2025 | 14,067 | 14,088 | 96,859 | 96,763 | 1 | $60.06 | $3.79 |
| Oct 2025 | 16,201 | 16,236 | 93,295 | 93,218 | 5 | $60.89 | $3.19 |
| Sep 2025 | 18,724 | 18,738 | 110,839 | 110,792 | 3 | $63.96 | $2.97 |
| Aug 2025 | 24,777 | 24,704 | 132,330 | 132,273 | 4 | $64.86 | $2.91 |
| Jul 2025 | 34,612 | 34,712 | 183,803 | 183,644 | 5 | $68.39 | $3.20 |
| Jun 2025 | 34,907 | 34,792 | 154,881 | 154,829 | 13 | $68.17 | $3.02 |
| May 2025 | 50,668 | 50,836 | 203,891 | 203,884 | 7 | $62.17 | $3.12 |
| Apr 2025 | 58,893 | 58,663 | 234,509 | 234,405 | 104 | $63.54 | $3.42 |
| Mar 2025 | 61 | 36 | 55 | 51 | 4 | $68.24 | $4.12 |
Flared above 3%
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 lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Conocophillips Company in Culberson County
- 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
- 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
- MACBETH 22-27 H
1,051,736 mcf
- VAGRANT 38 FEE UNIT
696,480 mcf
- ROULETTE
538,930 mcf
- LEONATUS 11 WR B
1,432,268 mcf
- HOOP JR 9 WR F
1,656,281 mcf
- TYPHOON 42 UNIT
783,860 mcf
- SUNSET STATE D
2,079,341 mcf
- HAY HENLEY D
2,290,586 mcf
- LOOKOUT 7 FEE WR D
1,392,761 mcf
- ROULETTE
1,937,567 mcf
Leases within 10 km
- PANDA UNIT
2,273,722 mcf · 0 km
- PANDA UNIT
1,057,349 mcf · 0 km
- PANDA UNIT
490,681 mcf · 0 km
- PANDA UNIT
1,835,522 mcf · 0 km
- PANDA UNIT
2,086,830 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
- PANDA UNIT
1,162,568 mcf · 0.3 km
- HAY ARIA 03/46 A
247,146 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