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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

1,820,786mcf gas, last 12 months
RRC lease
08-298792

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Where it sits

This county

Culberson CountyCulbersonCulberson County
Culberson County
Oil, last 12 months
81,928 bbl
Gas in Jul 2026
114,931 mcf

Production by month

Gas output fell 52% since May 2025

  • Gas (bars)
  • Oil (line)
Gas output fell 52% since May 2025Monthly gas production and oil for PANDA UNIT, May 2025 to Jul 2026. Gas output fell 52% since May 2025. Monthly average of 106,691 mcf in the latest 3 months, against 223,974 mcf in the first 3.mcf per monthbbl per month00100k5,000200k10k300k15k400k20kJul 25OctJan 26AprJul
Gas output fell 52% since May 2025Monthly gas production and oil for PANDA UNIT, May 2025 to Jul 2026. Gas output fell 52% since May 2025. Monthly average of 106,691 mcf in the latest 3 months, against 223,974 mcf in the first 3.mcf per monthbbl per month00100k5,000200k10k300k15k400k20kJul 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% · 1,819,917 mcf

  • Lease fuel (1)

    0.0% · 804 mcf

  • Flared (4)

    0.0% · 65 mcf

1 well on this lease

Wells on PANDA UNIT
API numberWell no.Status
42-109-34168804HActive

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 20, 2024–
Delaware Basin Midstream LLCGas-well gasGathers100Mar 20, 2024–
4J Energy, LLCCondensateGathers50Mar 20, 2024Mar 1, 2025
Cp Energy, L.l.c.CondensateGathers50Mar 20, 2024Mar 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

1,294.75 acres on the newest permit

Permits for Panda Unit
API numberWell no.Acreson the permit
42-109-34168804H1,294.75

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 20263,8423,850114,931114,8729$80.46$2.89
Jun 20263,4753,48290,49290,4537$84.81$3.15
May 20263,5363,506114,649114,5987$102.13$2.94
Apr 202670275416,30616,2990$100.32$2.77
Mar 20265,7255,745162,984162,9292$91.38$3.04
Feb 20267,8397,842216,728216,6580$64.51$3.62
Jan 20268,0608,088199,348199,22728$60.04$7.72
Dec 202513,09413,028264,789264,6517$57.97$4.26
Nov 20255,9375,91378,23578,1580$60.06$3.79
Oct 20252,6162,69960,81560,7671$60.89$3.19
Sep 202512,01612,019218,594218,5052$63.96$2.97
Aug 202515,08615,005282,915282,8002$64.86$2.91
Jul 20258,5138,598153,566153,4351$68.39$3.20
Jun 202518,99218,914290,879290,7997$68.17$3.02
May 202518,60718,575227,477227,4770$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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Nearby

Conocophillips Company in Culberson County

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Ford, West (Wolfcamp) field

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