LIGON STATE UNIT 7-22

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 47267District 08Field 71052900OilCasinghead gasSave
Value, all time
$55.4 M
May 2015 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
133
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition781,375 bbl$45,935,568
Casinghead gasProduction2,908,523 Mcf$9,503,829
Total$55,439,397

Wells on this lease (4)

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 31.3360, -103.1417. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.33284, -103.14297 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
10,642 ft
4 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.
4100.0%

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 1,166 and 10,995 ft, median 10,642 ft, over the 4 wells that filed a depth.

Completions filed
Feb 2013 – Mar 2018
4 of 4 wells

4 wells

42-389357024313H10,995 ftMar 2018
42-389355324301H10,700 ftMar 2017
42-389348721H10,583 ftSep 2015
42-3893352131,166 ftFeb 2013

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 (133)

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

133 months

May 20262,2299,904106.413.05$267,354
Apr 20261,4479,20798.932.87$169,573
Mar 20262,62710,50989.753.15$268,871
Feb 20261,8496,19663.503.75$140,648
Jan 20261,9294,67559.138.00$151,452
Dec 20252,0577,82756.664.41$151,093
Nov 20252,5799,65258.593.93$189,002
Oct 20252,52611,52059.383.30$188,066
Sep 20253,39911,32562.743.08$248,099
Aug 20253,84910,97163.933.01$279,142
Jul 20253,1948,75866.743.32$242,202
Jun 20252,5188,49666.483.13$193,978
May 20252,3137,95360.553.23$165,759
Apr 20251,3643,49262.363.54$97,432
Mar 20253,48510,16467.704.27$279,318
Feb 20251,1888,32270.884.34$120,330
Jan 20252,95811,62674.324.28$269,582
Dec 20242,77911,95568.993.12$229,039
Nov 20243,37311,72969.052.20$258,691
Oct 20243,76710,38371.372.28$292,539
Sep 20243,0165,84869.612.36$223,771
Aug 20243,86211,24575.632.06$315,289
Jul 20243,2516,62979.932.15$274,082
Jun 20244,1738,67278.082.63$348,670
May 20243,9857,60278.812.20$330,770
Apr 20243,0855,58084.451.66$269,787
Mar 20242,0473,67080.301.55$170,045
Feb 20241,9415,04476.091.78$156,687
Jan 20241,6114,71473.023.30$133,180
Dec 20233,1097,95671.262.61$242,318
Nov 20233,5888,90677.892.81$304,473
Oct 20233,50710,30785.443.09$331,459
Sep 20233,6648,98789.042.74$350,822
Aug 20234,52310,93680.522.67$393,423
Jul 20232,7065,27974.852.64$216,490
Jun 20232,1264,46968.962.26$156,702
May 20232,6466,05070.622.23$200,336
Apr 20233,2919,91678.122.24$279,283
Mar 20233,0629,61272.852.39$246,070
Feb 20231,5268,82875.112.47$136,385
Jan 20231,47913,79376.533.39$159,915
Dec 20221,31811,70976.415.73$167,790
Nov 20222,33512,05685.005.65$266,546
Oct 20223,38318,25487.185.86$401,967
Sep 20223,02911,23084.888.16$348,780
Aug 20224,76425,40494.529.13$682,160
Jul 20225,33822,493101.587.54$711,878
Jun 20224,18021,596115.097.98$653,352
May 20224,63216,556109.378.43$646,219
Apr 20223,86516,656104.226.84$516,697
Mar 20224,95020,638108.885.08$643,723
Feb 20223,40718,15591.054.86$398,420
Jan 20224,07516,73881.844.54$409,450
Dec 20215,31124,58971.323.90$474,656
Nov 20215,33223,34577.435.24$535,111
Oct 20216,93428,90679.795.71$718,429
Sep 20215,32421,73069.865.35$488,210
Aug 20214,09019,61066.024.22$352,788
Jul 20213,60621,69270.783.98$341,612
Jun 20215,16125,97969.493.38$446,463
May 20217,01929,03763.483.02$533,190
Apr 20216,41723,35660.362.76$451,756
Mar 20216,17418,04661.302.72$427,496
Feb 20212,21410,56457.805.55$186,578
Jan 20216,36824,64550.412.81$390,270
Dec 20206,32619,75644.642.68$335,249
Nov 20204,72119,14738.772.71$234,856
Oct 20207,41024,07436.972.48$333,613
Sep 20206,16821,34037.091.99$271,260
Aug 20207,34426,58439.982.39$357,019
Jul 20207,65520,95538.371.83$331,968
Jun 20205,57016,83834.901.69$222,854
May 20201,3369,16116.921.81$39,230
Apr 20207,66031,28814.751.80$169,440
Mar 20207,79332,72130.341.86$297,177
Feb 20207,42430,08449.881.98$429,896
Jan 20207,31925,68457.252.09$472,814
Dec 20199,76236,33659.012.30$659,787
Nov 20197,47728,54555.302.75$491,997
Oct 20198,04829,61053.472.42$501,940
Sep 20198,65032,45855.052.66$562,432
Aug 20198,95738,79353.112.30$565,099
Jul 20199,61240,39356.272.46$640,236
Jun 20199,53240,38052.782.49$603,694
May 201911,87344,46058.482.74$816,168
Apr 20199,89637,76262.632.75$723,658
Mar 201911,54843,62556.803.06$789,511
Feb 201912,37842,25850.852.79$747,415
Jan 201911,32140,73646.033.23$652,609
Dec 201812,59646,58846.594.19$781,839
Nov 201814,78846,86852.934.24$981,320
Oct 201817,71959,62661.443.40$1,291,269
Sep 201815,01255,91159.543.11$1,067,586
Aug 201819,14963,58559.403.07$1,332,438
Jul 201819,60761,79965.142.93$1,458,387
Jun 201823,09169,98160.183.08$1,604,942
May 201829,96277,27965.382.90$2,183,086
Apr 201828,44666,30063.842.90$2,008,316
Mar 201811,28941,22061.222.79$805,986
Feb 20185,24831,38861.782.77$411,044
Jan 20186,88844,04162.874.01$609,623
Dec 20177,18846,95457.272.92$548,834
Nov 20176,42843,04255.423.12$490,460
Oct 20179,78343,41849.292.98$611,749
Sep 20179,09638,65747.523.09$551,587
Aug 201710,06539,48645.373.00$575,281
Jul 201712,47951,78043.873.09$707,313
Jun 201712,51739,84142.493.09$654,848
May 201715,94341,33545.373.26$858,227
Apr 201714,76445,90047.933.21$855,051
Mar 20175,37527,77846.772.98$334,269
Feb 20172,27914,05050.452.95$156,460
Jan 20172,00620,08749.413.42$167,790
Dec 20162,33015,71648.763.72$172,119
Nov 20162,36320,16842.492.64$153,735
Oct 20162,88427,65346.193.09$218,667
Sep 20162,57318,05741.553.10$162,896
Aug 20163,26312,32441.442.92$171,258
Jul 20162,92810,69941.622.92$153,151
Jun 20161,4646,31545.352.69$83,353
May 20163,61218,27442.521.99$189,967
Apr 20162,96711,65336.561.99$131,675
Mar 20162,3649,67833.011.79$95,398
Feb 20164,20619,63826.472.06$151,858
Jan 20165,08817,60627.352.36$180,784
Dec 20155,31516,02832.362.00$204,072
Nov 20157,44117,81038.792.17$327,237
Oct 20159322,67943.552.43$47,089
Sep 20151,2932,63242.992.76$62,846
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0

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                2,229 bbl  × $106.41 =   $237,188
Casinghead gas     9,904 Mcf  × $  3.05 =    $30,166

────────────────────────────────────────────────────
Month total                                 $267,354

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/47267 is the state's own key, not one this site invented.