REDBUD 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 47750District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$495.6 M
Apr 2015 – May 2026
Value, last 12 filed months
$55.6 M
at the published price for each month
Months reported
134
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
OilDisposition6,965,091 bbl$469,137,907
Casinghead gasProduction7,736,677 Mcf$26,490,875
Total$495,628,782

Wells on this lease (22)

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 31.2544, -103.0104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 4.0 miles.

31.26838, -103.01158 · 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
4.5%
1 of 22 wells
With a plug date
4.5%
1 of 22 wells
Median depth
10,171 ft
22 wells filed one
Completion to plug
7.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
14.5%
A plug date is filed
14.5%
BothOn the schedule and plugged. Neither fact cancels the other.
14.5%
NeitherNo plug date, and not on the schedule.
2195.5%

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

Total depth in feet, 22 of 22 wells. Median 10,171 ft, with the middle half between 9,923 and 10,237 ft; the shallowest is 9,769 ft and the deepest 12,433 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

Last completion by decade, 22 of 22 wells, Jul 2014 – Jul 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 2014 – Jul 2023
22 of 22 wells
Plug dates filed
Nov 2025
1 of 22 wells; 21 filed none

Last completion to plug: a median of 7.9 years across the 1 well that filed both dates, with the middle half between 7.9 years and 7.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

22 wells

42-371404023007MH10,464 ftJul 2023
42-371404033008MH9,860 ftJul 2023
42-371404043009MH10,221 ftJul 2023
42-371404053010MH9,873 ftJul 2023
42-371404063011MH10,163 ftJul 2023
42-371404073012MH9,828 ftJul 2023
42-371404083013MH10,455 ftJul 2023
42-371404093014MH10,160 ftJul 2023
42-371399284510MH10,217 ftSep 2020
42-371399294312MH9,802 ftSep 2020
42-371399304110MH9,802 ftSep 2020
42-371396854315LH10,242 ftNov 2018
42-371396874114LH10,073 ftNov 2018
42-371396384313KH10,146 ftSep 2018
42-371396404315KH10,071 ftSep 2018
42-371396144102LH10,179 ftJul 2018
42-371396174301LH10,379 ftJul 2018
42-371394574301KH10,191 ftMar 2018
42-371394774114MH9,769 ftFeb 2018
42-371394784514MH10,178 ftFeb 2018
42-371394764315MH12,433 ftDec 2017Nov 2025Yes
42-37139135111,567 ftJul 2014

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 (134)

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

134 months

May 202656,442106,678106.413.05$6,330,917
Apr 202654,697102,17598.932.87$5,704,388
Mar 202657,901100,91489.753.15$5,514,437
Feb 202650,35287,08363.503.75$3,523,941
Jan 202651,38395,67859.138.00$3,803,502
Dec 202563,800123,63356.664.41$4,160,545
Nov 202562,027111,47458.593.93$4,071,858
Oct 202564,707115,97459.383.30$4,225,577
Sep 202564,109113,55362.743.08$4,371,592
Aug 202567,854110,21763.933.01$4,670,184
Jul 202568,552105,13766.743.32$4,923,711
Jun 202560,96191,99866.483.13$4,340,523
May 202566,943102,01260.553.23$4,383,134
Apr 202565,72996,20762.363.54$4,439,733
Mar 202565,04691,93267.704.27$4,796,009
Feb 202566,323102,60170.884.34$5,146,349
Jan 202571,567106,98474.324.28$5,776,610
Dec 202480,765121,55368.993.12$5,951,389
Nov 202473,921103,31269.052.20$5,331,370
Oct 202484,499121,94971.372.28$6,308,908
Sep 202482,333115,47269.612.36$6,004,218
Aug 202491,988128,99075.632.06$7,223,240
Jul 202495,802133,64979.932.15$7,944,343
Jun 202497,476121,39578.082.63$7,930,678
May 2024109,899126,56278.812.20$8,939,379
Apr 2024103,554109,19784.451.66$8,926,315
Mar 2024125,100117,32280.301.55$10,226,808
Feb 2024104,24583,05276.091.78$8,080,137
Jan 202492,81469,53573.023.30$7,006,581
Dec 2023102,14082,52471.262.61$7,493,943
Nov 2023108,96793,36177.892.81$8,749,556
Oct 2023124,04995,76385.443.09$10,894,394
Sep 2023127,745104,08789.042.74$11,659,097
Aug 2023129,955101,08280.522.67$10,734,157
Jul 202395,07072,10074.852.64$7,306,463
Jun 202314,44415,32568.962.26$1,030,669
May 202322,02722,83770.622.23$1,606,414
Apr 202329,66833,71178.122.24$2,393,101
Mar 202338,26747,84372.852.39$2,902,247
Feb 202337,13349,39075.112.47$2,910,840
Jan 202339,25151,31376.533.39$3,177,713
Dec 202238,25648,47376.415.73$3,200,847
Nov 202234,54549,32485.005.65$3,214,818
Oct 202238,55057,32887.185.86$3,696,947
Sep 202243,29665,26784.888.16$4,207,783
Aug 202247,74463,12994.529.13$5,088,951
Jul 202251,58868,904101.587.54$5,759,989
Jun 202247,21362,485115.097.98$5,932,200
May 202252,94973,093109.378.43$6,407,428
Apr 202251,87266,377104.226.84$5,859,959
Mar 202246,92058,643108.885.08$5,406,345
Feb 202247,81654,38391.054.86$4,617,885
Jan 202254,39166,43681.844.54$4,752,825
Dec 202161,77367,10671.323.90$4,667,305
Nov 202158,58965,21477.435.24$4,878,062
Oct 202159,07568,99979.795.71$5,107,846
Sep 202162,57470,47969.865.35$4,748,547
Aug 202165,04670,00266.024.22$4,589,787
Jul 202171,74282,98270.783.98$5,408,340
Jun 202173,41870,75469.493.38$5,341,009
May 202156,87658,89963.483.02$3,788,226
Apr 202173,08172,10460.362.76$4,610,062
Mar 202187,87289,90261.302.72$5,630,812
Feb 202190,41277,00657.805.55$5,653,039
Jan 2021103,22186,41950.412.81$5,446,231
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202032,46634,49539.982.39$1,380,265
Jul 202035,99640,19438.371.83$1,454,525
Jun 202043,44850,97334.901.69$1,602,495
May 202050,09663,84616.921.81$963,489
Apr 202055,97669,99214.751.80$951,938
Mar 202062,72576,77730.341.86$2,045,592
Feb 202060,39866,79249.881.98$3,144,945
Jan 202060,01461,05757.252.09$3,563,700
Dec 201962,00657,65959.012.30$3,791,841
Nov 201956,41863,28655.302.75$3,293,996
Oct 201968,09172,02353.472.42$3,815,016
Sep 201963,07869,77055.052.66$3,657,842
Aug 201976,50879,20853.112.30$4,245,864
Jul 201977,70481,99856.272.46$4,574,124
Jun 201991,612106,80252.782.49$5,101,347
May 2019110,131105,73158.482.74$6,730,198
Apr 201999,95185,75862.632.75$6,495,826
Mar 2019114,78891,94556.803.06$6,801,503
Feb 2019119,219100,31950.852.79$6,342,399
Jan 2019165,320132,72846.033.23$8,038,149
Dec 2018161,191125,56046.594.19$8,035,413
Nov 2018127,50498,47452.934.24$7,166,045
Oct 2018124,15688,90461.443.40$7,930,248
Sep 201893,84175,32359.543.11$5,821,397
Aug 201889,79968,73859.403.07$5,544,850
Jul 201853,50840,78565.142.93$3,605,088
Jun 201855,73740,91460.183.08$3,480,142
May 201870,48051,04165.382.90$4,756,042
Apr 201890,13064,25863.842.90$5,940,299
Mar 201890,71663,21761.222.79$5,729,809
Feb 20182,7662,29061.782.77$177,218
Jan 2018171062.874.01$10,751
Dec 20173367557.272.92$19,462
Nov 201716733455.423.12$10,297
Oct 201769929849.292.98$35,343
Sep 201717219347.523.09$8,769
Aug 20171652645.373.00$7,564
Jul 20171712243.873.09$7,570
Jun 20171674442.493.09$7,232
May 20171682045.373.26$7,687
Apr 20173123347.933.21$15,060
Mar 201734614646.772.98$16,618
Feb 20171699650.452.95$8,810
Jan 201734610749.413.42$17,462
Dec 20164048.763.72$195
Nov 201617024442.492.64$7,869
Oct 201617022846.193.09$8,557
Sep 201620234741.553.10$9,469
Aug 201651056341.442.92$22,781
Jul 2016137741.622.92$766
Jun 2016348045.352.69$15,782
May 2016221042.521.99$9,397
Apr 2016175036.561.99$6,398
Mar 2016348033.011.79$11,487
Feb 2016335026.472.06$8,867
Jan 2016221027.352.36$6,044
Dec 201534911732.362.00$11,528
Nov 201521041338.792.17$9,041
Oct 20155194543.552.43$22,712
Sep 201538922742.992.76$17,349
Aug 20157161,03740.162.87$31,733
Jul 201568587648.152.95$35,563
Jun 201570177856.152.88$41,604
May 2015179155.212.96$9,886
Apr 20151,14019149.822.71$57,312

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               56,442 bbl  × $106.41 = $6,005,993
Casinghead gas   106,678 Mcf  × $  3.05 =   $324,924

────────────────────────────────────────────────────
Month total                               $6,330,917

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/47750 is the state's own key, not one this site invented.