PANDA UNIT
PANDA UNIT is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 1,605,094 thousand cubic feet. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $507K, with roughly $192K expected over the next twelve months.
| Operator | Conocophillips Company |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 298772 |
| Wellbores | 1 |
| Reported production | 1,605,094 mcf |
| First reported | May 2024 |
| Last reported | August 2026 |
| Estimated royalty value | $507K |
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.