PHILLIP 35
PHILLIP 35 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Dominion Oklahoma Texas E&P, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2006 to August 2026, totalling 460,460 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $183K, with roughly $29K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,123 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 1,722 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PHILLIP 35
- Who operates PHILLIP 35?
- PHILLIP 35 is operated by Dominion Oklahoma Texas E&P, Inc, Railroad Commission of Texas operator number 222282.
- Where is PHILLIP 35?
- PHILLIP 35 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 220907.
- Is PHILLIP 35 still producing?
- PHILLIP 35 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILLIP 35 is August 2026.
- How much has PHILLIP 35 produced?
- PHILLIP 35 has reported 460,460 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2006 and August 2026, from 1 wellbore.
- How much is PHILLIP 35 worth?
- The remaining production from PHILLIP 35 is estimated to be worth about $183K in total as of 26 August 2026, within a range of $152K to $214K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILLIP 35 is a fraction of it. The estimate fits an Arps decline curve to the production PHILLIP 35 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILLIP 35 is an estimate of value, not an offer and not an appraisal.
- How much income does PHILLIP 35 generate in a year?
- PHILLIP 35 is forecast to net about $29K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHILLIP 35 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dominion Oklahoma Texas E&P, Inc |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 220907 |
| Wellbores | 1 |
| Reported production | 460,460 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $183K |
Where PHILLIP 35 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.