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Data as of Jul 2026 production (Jun 2026–Jul 2026 provisional) · permits through Oct 14, 2026 · Source: Texas Railroad Commission · Methodology
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PANDA UNIT

RRC gas well 298768, district 10 · FORD, WEST (WOLFCAMP) field · Culberson County · operated by CONOCOPHILLIPS COMPANY

PANDA UNIT at a glance

Oil output in Mar 2026–May 2026 was down 61% from the same three months a year earlier. Over the last 12 months it reported 200,095 BBL of oil and 967,819 MCF of gas. In May 2026, the latest month not marked provisional, it reported 14,096 BBL and 77,143 MCF.

200.1KBBL oil, last 12 months▲ 39% vs prior 12
967.8KMCF gas, last 12 months▲ 47% vs prior 12
$1,599.25est. gross royalty for May 2026 at decimal
0new permits in Culberson County this month

Royalty = (14,096 BBL × $97.31 WTI, Sep 2026, EIA + 77,143 MCF × $2.95 Henry Hub, Sep 2026, EIA) × your decimal. 0.001 is only a placeholder: enter the decimal from your check stub or division order. Gross, before taxes and deductions. Full estimator →

Oil + condensate (BBL per month, last 36 months)

020K40K60KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Gas (MCF per month, last 36 months)

0100K200K300KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Jun 2026 and Jul 2026 are provisional (lighter bars) and usually rise as late reports arrive.

PANDA UNIT production history in brief

By oil-equivalent volume over the last 12 months, PANDA UNIT ranks #86 of 1,639 reporting leases in Culberson County. It reported production in 15 of the 34 non-provisional months shown, starting in our window in Mar 2025. Its peak oil month in that window was Apr 2025 at 52,480 BBL. The lease is in the FORD, WEST (WOLFCAMP) field and is operated by CONOCOPHILLIPS COMPANY; production is reported for the lease as a whole, not per well.

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New permits nearby

No new permits in this county in the current RRC daily file.

Monthly production

MonthOil (BBL)Gas (MCF)
Jul 2026 (provisional)13,09072,276
Jun 2026 (provisional)12,95966,687
May 202614,09677,143
Apr 202613,66671,077
Mar 20268,71718,954
Feb 202614,49174,192
Jan 202615,55876,099
Dec 202519,17093,395
Nov 202519,33795,291
Oct 202519,930102,823
Sep 202523,303106,703
Aug 202525,778113,179
Jul 202525,213116,246
Jun 202526,047115,814
May 202539,174180,784
Apr 202552,480239,123
Mar 20251,3147,529
Feb 202500
Jan 202500
Dec 202400
Nov 202400
Oct 202400
Sep 202400
Aug 202400
Jul 202400
Jun 202400
May 202400
Apr 202400

Check these figures in the RRC Production Data Query (Specific Lease Query: district 10, lease 298768). Production is reported per lease, so a lease with several wells is not split by well.

Source: Texas Railroad Commission (data sets, Production Data Query). Data date: RRC Production Data Query dump, extract dated Sep 18, 2026; production through Jul 2026. Jun 2026 and Jul 2026 are provisional: operators file late and amend, so these months usually rise in later releases. Oil = crude oil + condensate (BBL); gas = gas-well gas + casinghead gas (MCF), as reported to RRC. Methodology.