LEGEAR

Operated by CONTINENTAL RESOURCES, INC. (P-5 173777) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43839District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$17.0 M
Jun 2012 – May 2026
Value, last 12 filed months
$962 k
at the published price for each month
Months reported
168
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition219,841 bbl$16,298,317
Casinghead gasProduction226,312 Mcf$709,410
Total$17,007,727

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.3626, -103.0790. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.36261, -103.07903 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,878 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 10,873 and 10,882 ft, median 10,878 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2012 – Sep 2023
2 of 2 wells

2 wells

42-389402891103H10,882 ftSep 2023
42-389332281102H10,873 ftJun 2012

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (168)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

168 months

May 2026120106.413.05$1,277
Apr 202653249698.932.87$54,054
Mar 20261,1991,71189.753.15$112,999
Feb 20261,3832,92763.503.75$98,798
Jan 20261,9073,51859.138.00$140,898
Dec 20251,4772,96356.664.41$96,764
Nov 202594258.593.93$5,515
Oct 20252,1364,13059.383.30$140,485
Sep 20252,2273,92162.743.08$151,787
Aug 20251,3532,05663.933.01$92,696
Jul 202514066.743.32$934
Jun 20259401,12466.483.13$66,008
May 20250060.553.23$0
Apr 202514062.363.54$873
Mar 20251,0252,07767.704.27$78,258
Feb 20252,6804,31470.884.34$208,685
Jan 20251,9943,28774.324.28$162,258
Dec 20242,7124,89368.993.12$202,374
Nov 20242,7434,79769.052.20$199,950
Oct 20242,6063,91871.372.28$194,929
Sep 20241,8673,35769.612.36$137,899
Aug 20241,0691,68875.632.06$84,332
Jul 20243,1074,46979.932.15$257,936
Jun 20243,6265,51578.082.63$297,644
May 20244,3196,49678.812.20$354,661
Apr 20245,2666,69084.451.66$455,814
Mar 20246,6587,64980.301.55$546,456
Feb 20248,2258,70976.091.78$641,374
Jan 202411,06511,35673.023.30$845,415
Dec 202313,91114,00871.262.61$1,027,869
Nov 202314,03013,59477.892.81$1,130,963
Oct 202319,78517,93785.443.09$1,745,807
Sep 20235,0003,20789.042.74$453,971
Aug 20230080.522.67$0
Jul 202336927274.852.64$28,338
Jun 202373148568.962.26$51,505
May 202334641870.622.23$25,366
Apr 202352821678.122.24$41,731
Mar 202336619572.852.39$27,130
Feb 202336727475.112.47$28,241
Jan 202373933276.533.39$57,680
Dec 202274023976.415.73$57,913
Nov 202256223085.005.65$49,069
Oct 202253738287.185.86$49,056
Sep 202273551484.888.16$66,583
Aug 202291759494.529.13$92,096
Jul 2022723884101.587.54$80,110
Jun 2022889984115.097.98$110,165
May 20221,060738109.378.43$122,156
Apr 20221,6661,658104.226.84$184,967
Mar 2022766893108.885.08$87,935
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202152713071.323.90$38,093
Nov 202168412477.435.24$53,611
Oct 202169246779.795.71$57,883
Sep 2021014669.865.35$781
Aug 202134727966.024.22$24,086
Jul 202168062670.783.98$50,623
Jun 20216731,81869.493.38$52,913
May 202102563.483.02$75
Apr 202134825660.362.76$21,711
Mar 202117127561.302.72$11,229
Feb 202168243357.805.55$41,822
Jan 202134144950.412.81$18,452
Dec 202067154744.642.68$31,417
Nov 202051163538.772.71$21,530
Oct 202068158836.972.48$26,634
Sep 202052015137.091.99$19,587
Aug 202083858139.982.39$34,889
Jul 20201,35846238.371.83$52,950
Jun 202035734.901.69$201
May 202018816.921.81$177
Apr 202067142014.751.80$10,655
Mar 20201,012030.341.86$30,704
Feb 2020676049.881.98$33,719
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019337053.472.42$18,019
Sep 2019835055.052.66$45,967
Aug 2019671053.112.30$35,637
Jul 2019672056.272.46$37,813
Jun 2019500052.782.49$26,390
May 2019834058.482.74$48,772
Apr 2019673062.632.75$42,150
Mar 201968232256.803.06$39,724
Feb 201933830850.852.79$18,047
Jan 20191,19292846.033.23$57,864
Dec 201868422046.594.19$32,788
Nov 201884033052.934.24$45,859
Oct 201867430861.443.40$42,457
Sep 201850734559.543.11$31,259
Aug 20181,00951559.403.07$61,514
Jul 201884391165.142.93$57,584
Jun 20181,18283860.183.08$73,711
May 20181,0091,04165.382.90$68,988
Apr 2018034463.842.90$998
Mar 20181,00351161.222.79$62,828
Feb 20181,3551,01461.782.77$86,517
Jan 20181,3621,39462.874.01$91,218
Dec 201717152757.272.92$11,333
Nov 201733963455.423.12$20,764
Oct 201734350449.292.98$18,410
Sep 201751454847.523.09$26,117
Aug 201750543645.373.00$24,222
Jul 201717416643.873.09$8,146
Jun 201716928342.493.09$8,055
May 201733773945.373.26$17,701
Apr 201766782947.933.21$34,632
Mar 201733964746.772.98$17,785
Feb 201768263950.452.95$36,294
Jan 201734340349.413.42$18,325
Dec 201634142548.763.72$18,209
Nov 201633975442.492.64$16,398
Oct 201650654446.193.09$25,053
Sep 201633741341.553.10$15,283
Aug 201680937441.442.92$34,619
Jul 201667165141.622.92$29,831
Jun 20166421,17445.352.69$32,268
May 20167091,27742.521.99$32,689
Apr 201666871536.561.99$25,846
Mar 201651177333.011.79$18,255
Feb 20161,1891,59426.472.06$34,762
Jan 201633762127.352.36$10,685
Dec 201517044632.362.00$6,394
Nov 201516533138.792.17$7,118
Oct 201533442243.552.43$15,570
Sep 201549018142.992.76$21,564
Aug 20159781,21240.162.87$42,758
Jul 201532544448.152.95$16,956
Jun 201566268256.152.88$39,137
May 201548568955.212.96$28,813
Apr 2015064349.822.71$1,740
Mar 201549676842.892.93$23,527
Feb 201554669344.662.98$26,447
Jan 201577269743.433.10$35,689
Dec 201453477354.693.59$31,981
Nov 201475978070.464.25$56,796
Oct 201439470378.303.90$33,593
Sep 201458581786.164.05$53,709
Aug 201476877289.394.04$71,767
Jul 201477888396.564.18$78,814
Jun 201457876298.164.74$60,346
May 201478141094.734.73$75,922
Apr 201459159895.944.81$59,576
Mar 201474976195.895.06$75,670
Feb 201482153597.406.19$83,278
Jan 201485591490.404.86$81,735
Dec 201385684891.824.35$82,291
Nov 201386443488.853.74$78,389
Oct 201395751297.423.78$95,166
Sep 2013661656104.113.72$71,256
Aug 20131,082665104.253.52$115,141
Jul 2013790357102.523.72$82,318
Jun 20131,08433894.403.93$103,659
May 20131,16685794.834.15$114,128
Apr 201396378193.964.28$93,828
Mar 20131,14668293.623.91$109,957
Feb 201383470791.233.42$78,504
Jan 20131,55685091.603.42$145,437
Dec 20121,19791686.773.42$106,997
Nov 20121,4401,02586.953.62$128,924
Oct 20121,8101,54089.383.40$167,013
Sep 20122,2202,00394.672.92$216,013
Aug 20123,0882,26192.662.91$292,709
Jul 20124,5371,29185.133.02$390,135
Jun 20122,026079.822.52$161,715

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                   12 bbl  × $106.41 =     $1,277
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $1,277

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/43839 is the state's own key, not one this site invented.