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
- 08-298796
Is your check right?
Where it sits
This county
- Oil, last 12 months
- 184,990 bbl
- Gas in Jul 2026
- 89,954 mcf
Production by month
Gas output fell 46% 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
- Processing plant (3)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
100% · 1,161,848 mcf
Lease fuel (1)
0.0% · 553 mcf
Flared (4)
0.0% · 167 mcf
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-109-34162 | 706H | 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 | Feb 15, 2024 | – |
| Delaware Basin Midstream LLC | Gas-well gas | Gathers | 100 | Feb 15, 2024 | – |
| 4J Energy, LLC | Condensate | Gathers | 50 | Feb 15, 2024 | Mar 1, 2025 |
| Cp Energy, L.l.c. | Condensate | Gathers | 50 | Feb 15, 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 | 10,598 | 10,636 | 89,954 | 89,889 | 26 | $80.46 | $2.89 |
| Jun 2026 | 11,510 | 11,546 | 88,632 | 88,577 | 23 | $84.81 | $3.15 |
| May 2026 | 12,953 | 12,938 | 87,740 | 87,683 | 24 | $102.13 | $2.94 |
| Apr 2026 | 12,496 | 12,547 | 93,560 | 93,519 | 3 | $100.32 | $2.77 |
| Mar 2026 | 16,552 | 16,544 | 113,699 | 113,657 | 5 | $91.38 | $3.04 |
| Feb 2026 | 16,261 | 16,296 | 101,371 | 101,339 | 0 | $64.51 | $3.62 |
| Jan 2026 | 19,506 | 19,396 | 111,092 | 110,973 | 68 | $60.04 | $7.72 |
| Dec 2025 | 10,486 | 10,528 | 51,874 | 51,844 | 5 | $57.97 | $4.26 |
| Nov 2025 | 17,412 | 17,432 | 103,182 | 103,080 | 1 | $60.06 | $3.79 |
| Oct 2025 | 19,265 | 19,279 | 101,568 | 101,484 | 6 | $60.89 | $3.19 |
| Sep 2025 | 19,070 | 19,039 | 101,239 | 101,196 | 3 | $63.96 | $2.97 |
| Aug 2025 | 18,881 | 18,773 | 118,657 | 118,607 | 3 | $64.86 | $2.91 |
| Jul 2025 | 8,435 | 8,505 | 45,861 | 45,822 | 1 | $68.39 | $3.20 |
| Jun 2025 | 16,458 | 16,415 | 86,301 | 86,273 | 6 | $68.17 | $3.02 |
| May 2025 | 30,702 | 30,830 | 214,760 | 214,756 | 4 | $62.17 | $3.12 |
| Apr 2025 | 41,465 | 41,464 | 274,226 | 274,153 | 73 | $63.54 | $3.42 |
| Mar 2025 | 439 | 260 | 6,986 | 6,960 | 26 | $68.24 | $4.12 |
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
967,819 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
- 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
- VAGRANT 38 FEE UNIT
1,259,410 mcf
- STREET SENSE 40 UNIT
1,047,156 mcf
- PANDA UNIT
1,110,683 mcf
- RICH STRIKE 21-28 E
1,346,812 mcf
- HAY YENGLIK
607,490 mcf
Leases within 10 km
- PANDA UNIT
2,076,591 mcf · 0 km
- PANDA UNIT
514,239 mcf · 0 km
- PANDA UNIT
1,562,161 mcf · 0 km
- PANDA UNIT
1,110,683 mcf · 0 km
- PANDA UNIT
582,021 mcf · 0 km
- PANDA UNIT
967,819 mcf · 0 km
- GARTON
0 bbl · 0.3 km
- PANDA UNIT
2,273,722 mcf · 0.3 km
- PANDA UNIT
966,384 mcf · 0.3 km
- PANDA UNIT
490,681 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