PHILLIPS
PHILLIPS is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Cofer & Crawford. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 43,214 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $10K, with roughly $2K expected over the next twelve months.
| Operator | Cofer & Crawford |
|---|---|
| Field | Panhandle Wheeler County Field |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 01403 |
| Wellbores | 4 |
| Reported production | 43,214 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $10K |
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.