LEGACY 2623B-C3

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 48867District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$69.8 M
Jan 2017 – May 2026
Value, last 12 filed months
$12.1 M
at the published price for each month
Months reported
113
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
OilDisposition1,038,121 bbl$64,039,710
Casinghead gasProduction1,745,450 Mcf$5,756,479
Total$69,796,189

Wells on this lease (3)

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 31.3178, -103.0880. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.31790, -103.08795 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,914 ft
3 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.
3100.0%

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 10,792 and 10,947 ft, median 10,914 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2017 – Feb 2025
3 of 3 wells

3 wells

42-389412513H10,792 ftFeb 2025
42-389354722H10,914 ftMar 2017
42-389354731H10,947 ftJan 2017

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 (113)

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

113 months

May 202612,03425,751106.413.05$1,358,971
Apr 202612,47026,01698.932.87$1,308,316
Mar 202613,42916,55889.753.15$1,257,401
Feb 20265,1235,15863.503.75$344,655
Jan 20267,64116,22159.138.00$581,547
Dec 202513,52933,95456.664.41$916,404
Nov 202512,75828,45358.593.93$859,210
Oct 202515,50732,64159.383.30$1,028,679
Sep 202510,62421,64662.743.08$733,153
Aug 202516,15335,61863.933.01$1,140,041
Jul 202516,41335,43766.743.32$1,212,884
Jun 202518,57135,27666.483.13$1,344,969
May 202522,67843,18860.553.23$1,512,750
Apr 202526,05938,84462.363.54$1,762,668
Mar 202522,51527,06567.704.27$1,639,788
Feb 202515,57618,03970.884.34$1,182,331
Jan 20254916574.324.28$36,769
Dec 20243,6034,29668.993.12$261,980
Nov 20245,2496,85369.052.20$377,509
Oct 20245,4684,85671.372.28$401,330
Sep 20245,0396,42569.612.36$365,956
Aug 20245,6337,15575.632.06$440,789
Jul 20246,6188,16579.932.15$546,504
Jun 20245,5175,05178.082.63$444,072
May 20246,1528,00378.812.20$502,433
Apr 20246,3056,69984.451.66$543,572
Mar 20246,4967,56380.301.55$533,315
Feb 20244,7866,42076.091.78$375,618
Jan 20245,9566,57073.023.30$456,573
Dec 20235,2305,14471.262.61$386,119
Nov 20234,0233,99977.892.81$324,579
Oct 20233,5802,46585.443.09$313,485
Sep 20231,7431,81589.042.74$160,161
Aug 20231,47691880.522.67$121,301
Jul 20233,4913,67474.852.64$271,007
Jun 20233,9033,62668.962.26$277,340
May 20232,0072,43170.622.23$147,149
Apr 2023718578.122.24$5,737
Mar 202341531372.852.39$30,982
Feb 20232,0592,38675.112.47$160,535
Jan 20233,2983,60276.533.39$264,599
Dec 20224,0663,34976.415.73$329,870
Nov 20222,6192,92285.005.65$239,113
Oct 20224,2094,46687.185.86$393,128
Sep 20225,1996,06584.888.16$490,804
Aug 20227,5788,51494.529.13$793,981
Jul 20227,2717,458101.587.54$794,837
Jun 20223,6243,215115.097.98$442,733
May 20222,8443,434109.378.43$340,007
Apr 20222,9863,887104.226.84$337,779
Mar 20223,7754,712108.885.08$434,942
Feb 20223,9223,83291.054.86$375,717
Jan 20225,1324,78781.844.54$441,725
Dec 20213,0025,10871.323.90$234,019
Nov 20216,6629,68277.435.24$566,542
Oct 20215,7914,63679.795.71$488,553
Sep 20213,0042,67369.865.35$224,162
Aug 20216,1664,72166.024.22$427,005
Jul 20214,1013,22370.783.98$303,103
Jun 20214,9083,62469.493.38$353,308
May 20218,7379,22863.483.02$582,472
Apr 20217,5396,86460.362.76$473,988
Mar 20214,1473,53661.302.72$263,818
Feb 20212,6072,46457.805.55$164,355
Jan 20214,0653,65650.412.81$215,191
Dec 20207,9609,96944.642.68$382,006
Nov 20207,89610,11938.772.71$333,516
Oct 20203,8413,63136.972.48$151,001
Sep 20204,5112,97837.091.99$173,242
Aug 20207,0447,89039.982.39$300,438
Jul 20208,2186,18338.371.83$326,609
Jun 202016373534.901.69$6,931
May 202023016.921.81$389
Apr 20201,5213,21714.751.80$28,239
Mar 20204,40211,90030.341.86$155,646
Feb 20207,08111,63649.881.98$376,247
Jan 20207,17612,75557.252.09$437,544
Dec 20195,87011,95659.012.30$373,940
Nov 20195,8809,89655.302.75$352,385
Oct 20196,7858,57353.472.42$383,528
Sep 20196,3287,41955.052.66$368,071
Aug 20199,02210,97353.112.30$504,444
Jul 20197,97715,90856.272.46$488,000
Jun 201910,21918,30352.782.49$584,955
May 201911,93718,35858.482.74$748,383
Apr 201910,93214,04662.632.75$723,307
Mar 20196,40214,37556.803.06$407,651
Feb 201910,15932,32250.852.79$606,835
Jan 201912,93242,35546.033.23$731,990
Dec 201812,02735,45046.594.19$708,712
Nov 201812,86235,41052.934.24$830,826
Oct 201813,82229,26161.443.40$948,655
Sep 201812,23519,42959.543.11$788,857
Aug 201813,87334,32459.403.07$929,313
Jul 201816,00536,23465.142.93$1,148,799
Jun 201815,53026,76260.183.08$1,016,940
May 201815,43531,00065.382.90$1,099,065
Apr 201817,97837,79663.842.90$1,257,354
Mar 201818,41435,58661.222.79$1,226,478
Feb 201819,14540,06461.782.77$1,293,600
Jan 201822,38639,96462.874.01$1,567,636
Dec 201724,79242,66557.272.92$1,544,484
Nov 201728,44885,64955.423.12$1,843,673
Oct 201732,07154,57149.292.98$1,743,602
Sep 201729,53146,15247.523.09$1,545,797
Aug 201730,75444,27045.373.00$1,528,314
Jul 201718,28825,63343.873.09$881,431
Jun 201720,28829,21242.493.09$952,223
May 201727,82142,81345.373.26$1,401,955
Apr 201710,21012,24147.933.21$528,679
Mar 20178,28410,96746.772.98$420,165
Feb 20170050.452.95$0
Jan 20170049.413.42$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               12,034 bbl  × $106.41 = $1,280,538
Casinghead gas    25,751 Mcf  × $  3.05 =    $78,433

────────────────────────────────────────────────────
Month total                               $1,358,971

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/48867 is the state's own key, not one this site invented.