PECAN STATE UNIT

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 47292District 08Field 71052900OilCasinghead gasSave
Value, all time
$946.2 M
Nov 2015 – May 2026
Value, last 12 filed months
$107.7 M
at the published price for each month
Months reported
127
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
OilDisposition13,698,512 bbl$886,980,979
Casinghead gasProduction17,517,957 Mcf$59,258,351
Total$946,239,329

Wells on this lease (39)

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 31.3163, -103.0412. A lease has no coordinate of its own — that point is the mean of its wells, and they span 6.3 miles.

31.30432, -103.04708 · 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
7.7%
3 of 39 wells
With a plug date
7.7%
3 of 39 wells
Median depth
10,504 ft
39 wells filed one
Completion to plug
6.9 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
37.7%
A plug date is filed
37.7%
BothOn the schedule and plugged. Neither fact cancels the other.
37.7%
NeitherNo plug date, and not on the schedule.
3692.3%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 39 of 39 wells. Median 10,504 ft, with the middle half between 10,324 and 10,626 ft; the shallowest is 1,770 ft and the deepest 14,342 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s
20s

Last completion by decade, 39 of 39 wells, Jun 2012 – Feb 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 2012 – Feb 2024
39 of 39 wells
Plug dates filed
Oct 2024 – Oct 2025
3 of 39 wells; 36 filed none

Last completion to plug: a median of 6.9 years across the 3 wells that filed both dates, with the middle half between 6.9 years and 7.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

39 wells

42-371404350805BH10,899 ftFeb 2024
42-371404360806BH10,172 ftFeb 2024
42-371404370807BH10,565 ftFeb 2024
42-371404380808BH10,932 ftFeb 2024
42-371404340804BH10,666 ftFeb 2024
42-371404390809BH10,238 ftFeb 2024
42-371404410810BH10,529 ftFeb 2024
42-371404300801BH10,697 ftFeb 2024
42-371404320802BH10,954 ftFeb 2024
42-371404330803BH10,272 ftFeb 2024
42-389388494313AH10,614 ftOct 2020
42-389388504116AH10,492 ftOct 2020
42-389388954111AH10,459 ftOct 2020
42-371401904306VJ10,285 ftSep 2020
42-371401894505JH10,504 ftSep 2020
42-371400764306CH10,390 ftDec 2019
42-371400774108CH10,284 ftDec 2019
42-371394883802FH10,046 ftDec 2019
42-371395954104FH10,300 ftDec 2019
42-389367714303BH10,619 ftFeb 2019
42-389367784102BH10,482 ftFeb 2019
42-371397824301CH1,770 ftNov 2018Oct 2025Yes
42-371397844102CH1,788 ftNov 2018Oct 2025Yes
42-371396184104EH10,497 ftJul 2018
42-371396364303EH10,688 ftJul 2018
42-371394544301JH10,367 ftApr 2018
42-371394554303JH10,348 ftApr 2018
42-389362094101AH10,680 ftJan 2018
42-389362084301AH10,826 ftJan 2018
42-371394564305JH9,647 ftJul 2017Oct 2024Yes
42-371394334311GH10,424 ftMay 2017
42-371394324511GH10,616 ftMay 2017
42-371394174102EH10,534 ftApr 2017
42-371393964301FH10,447 ftNov 2016
42-389351674307DH10,633 ftAug 2016
42-389352164307AH10,594 ftAug 2016
42-371393571GH10,530 ftNov 2015
42-371391471J14,342 ftApr 2015
42-371376971 H10,577 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 (127)

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

127 months

May 2026108,512223,762106.413.05$12,228,305
Apr 2026113,640222,88398.932.87$11,882,017
Mar 2026109,740196,54689.753.15$10,468,175
Feb 202692,589164,76663.503.75$6,497,327
Jan 2026105,707190,09559.138.00$7,770,820
Dec 2025113,035210,81356.664.41$7,334,957
Nov 2025115,885211,59358.593.93$7,620,509
Oct 2025124,652239,59859.383.30$8,193,669
Sep 2025114,680225,98462.743.08$7,890,358
Aug 2025124,549229,06463.933.01$8,652,991
Jul 2025135,170233,74466.743.32$9,796,154
Jun 2025130,870207,16366.483.13$9,348,393
May 2025140,546224,47460.553.23$9,235,632
Apr 2025135,660211,35362.363.54$9,208,607
Mar 2025147,665216,00567.704.27$10,918,899
Feb 2025122,248173,08370.884.34$9,416,264
Jan 2025143,660215,35174.324.28$11,598,229
Dec 2024158,469249,95268.993.12$11,712,969
Nov 2024159,974233,55669.052.20$11,559,664
Oct 2024178,676244,40371.372.28$13,309,687
Sep 2024180,071248,02269.612.36$13,121,156
Aug 2024214,006309,44275.632.06$16,823,848
Jul 2024229,177300,49579.932.15$18,963,157
Jun 2024246,756280,14878.082.63$20,004,613
May 2024302,748325,99778.812.20$24,576,255
Apr 2024236,505246,10584.451.66$20,381,185
Mar 2024338,487333,41380.301.55$27,695,673
Feb 202479,10689,82876.091.78$6,179,396
Jan 202445,80151,97673.023.30$3,515,788
Dec 202363,00382,75771.262.61$4,705,649
Nov 202363,97579,87977.892.81$5,207,278
Oct 202372,96394,46285.443.09$6,525,589
Sep 202367,99781,62789.042.74$6,277,706
Aug 202369,985109,07680.522.67$5,926,739
Jul 202378,255100,51074.852.64$6,122,914
Jun 202373,70896,20368.962.26$5,300,176
May 202384,138110,68470.622.23$6,188,363
Apr 202385,290114,62878.122.24$6,919,365
Mar 202383,243105,33472.852.39$6,316,334
Feb 202361,50077,13575.112.47$4,809,455
Jan 202370,18186,23776.533.39$5,663,099
Dec 202276,416115,59976.415.73$6,501,222
Nov 202281,612108,99585.005.65$7,552,428
Oct 202279,296123,04787.185.86$7,634,543
Sep 202277,870128,51784.888.16$7,658,777
Aug 202292,768142,35794.529.13$10,067,746
Jul 2022102,425167,657101.587.54$11,668,814
Jun 202296,340153,125115.097.98$12,309,279
May 2022105,799169,289109.378.43$12,998,858
Apr 2022105,366157,209104.226.84$12,056,177
Mar 2022110,302145,322108.885.08$12,747,394
Feb 202295,052125,80391.054.86$9,265,741
Jan 2022117,127170,03081.844.54$10,357,215
Dec 2021129,982175,41171.323.90$9,954,265
Nov 2021119,957183,43977.435.24$10,248,913
Oct 2021135,702196,40579.795.71$11,949,895
Sep 2021129,059176,62969.865.35$9,961,189
Aug 2021137,268192,05766.024.22$9,873,027
Jul 2021146,255196,57770.783.98$11,134,714
Jun 2021153,470199,55269.493.38$11,339,240
May 2021154,386170,90563.483.02$10,316,158
Apr 2021164,783182,21160.362.76$10,448,916
Mar 2021194,578204,19761.302.72$12,482,422
Feb 2021180,204187,90857.805.55$11,458,295
Jan 2021195,246194,06350.412.81$10,387,720
Dec 2020237,486227,10644.642.68$11,208,988
Nov 2020237,834215,83238.772.71$9,804,989
Oct 2020152,736166,93836.972.48$6,060,394
Sep 2020105,652127,04337.091.99$4,171,580
Aug 2020100,287119,87939.982.39$4,295,398
Jul 2020106,851119,20638.371.83$4,317,438
Jun 2020106,604129,12434.901.69$3,938,739
May 2020116,937167,19916.921.81$2,281,998
Apr 2020136,937186,58514.751.80$2,356,491
Mar 2020159,717235,95630.341.86$5,283,802
Feb 2020178,451227,34149.881.98$9,351,423
Jan 2020169,281182,47757.252.09$10,073,579
Dec 201976,290105,95859.012.30$4,746,038
Nov 201988,452113,69755.302.75$5,204,142
Oct 2019100,277127,68953.472.42$5,670,632
Sep 201998,442122,11455.052.66$5,743,723
Aug 2019113,242116,63153.112.30$6,283,042
Jul 2019111,481114,26556.272.46$6,554,135
Jun 2019109,044142,94452.782.49$6,111,444
May 2019126,731150,89458.482.74$7,824,727
Apr 2019139,622160,67562.632.75$9,186,495
Mar 2019171,867182,66556.803.06$10,321,384
Feb 2019126,550134,01650.852.79$6,809,270
Jan 201988,691113,03446.033.23$4,447,341
Dec 2018101,088118,46346.594.19$5,205,510
Nov 2018101,275106,64052.934.24$5,812,345
Oct 2018123,166128,28561.443.40$8,003,242
Sep 2018126,584136,52059.543.11$7,961,116
Aug 2018137,479143,41959.403.07$8,606,056
Jul 2018123,309132,13665.142.93$8,419,755
Jun 2018116,534108,79060.183.08$7,347,754
May 2018123,298111,65465.382.90$8,385,109
Apr 201864,01160,17563.842.90$4,261,018
Mar 201891,80390,81461.222.79$5,873,264
Feb 201888,04385,26361.782.77$5,675,144
Jan 201873,77764,67862.874.01$4,897,675
Dec 201757,97950,44657.272.92$3,467,836
Nov 201760,28953,38655.423.12$3,507,693
Oct 201767,91363,82449.292.98$3,537,862
Sep 201760,82361,83347.523.09$3,081,205
Aug 201770,87071,01245.373.00$3,428,720
Jul 201782,45379,34143.873.09$3,862,161
Jun 201795,68389,50142.493.09$4,341,885
May 2017104,753109,56645.373.26$5,110,201
Apr 201775,32873,02447.933.21$3,844,995
Mar 201759,04252,98946.772.98$2,919,497
Feb 201750,54846,42850.452.95$2,687,230
Jan 201766,40458,23449.413.42$3,480,112
Dec 20164,0964,75748.763.72$217,430
Nov 20163,2885,13842.492.64$153,294
Oct 20164,8265,87746.193.09$241,074
Sep 20163,7985,69041.553.10$175,449
Aug 20164,8546,35841.442.92$219,743
Jul 20165,2176,93641.622.92$237,415
Jun 20165,7337,19245.352.69$279,308
May 20166,5898,54042.521.99$297,168
Apr 20167,2988,44736.561.99$283,633
Mar 20169,59912,05033.011.79$338,481
Feb 201614,77714,65026.472.06$421,379
Jan 201614,31511,23427.352.36$418,076
Dec 201528,12320,94932.362.00$951,988
Nov 20150038.792.17$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              108,512 bbl  × $106.41 = $11,546,762
Casinghead gas   223,762 Mcf  × $  3.05 =   $681,543

────────────────────────────────────────────────────
Month total                              $12,228,305

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/47292 is the state's own key, not one this site invented.