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TREES RANCH 14

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 49858District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$36.3 M
Oct 2017 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
104
no gaps in the span
Streams
2
oil, casinghead gas

The PHANTOM (WOLFCAMP) field

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
OilDisposition524,920 bbl$32,720,583
Casinghead gasProduction1,058,936 Mcf$3,604,432
Total$36,325,015

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 31.3573, -103.0589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.35728, -103.05888 · 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
10,725 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 10,627 and 10,822 ft, median 10,725 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2017
2 of 2 wells

2 wells

42-389356574301H10,822 ftOct 2017——
42-389359244101H10,627 ftOct 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 (104)

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

104 months

May 20261,7485,359106.413.05$202,327
Apr 20262,7816,97998.932.87$295,152
Mar 20262,8366,19089.753.15$274,026
Feb 20262,6975,83763.503.75$193,150
Jan 20262,6584,96859.138.00$196,901
Dec 20252,1014,84156.664.41$140,408
Nov 20252,6055,50858.593.93$174,254
Oct 20251,6064,60559.383.30$110,583
Sep 20252,4556,22862.743.08$173,190
Aug 20253,4636,82163.933.01$241,953
Jul 20252,4724,48166.743.32$179,837
Jun 20251,7114,47166.483.13$127,736
May 20253,4006,64560.553.23$227,349
Apr 20259551,33062.363.54$64,266
Mar 20253,14411,26767.704.27$260,940
Feb 20252,6147,90070.884.34$219,573
Jan 20253,23310,44274.324.28$284,955
Dec 20241,5867,23468.993.12$131,998
Nov 20242,2999,94369.052.20$180,605
Oct 20242,65312,09871.372.28$216,945
Sep 20242,79613,52269.612.36$226,600
Aug 20242,75413,64975.632.06$236,452
Jul 20242,82217,22379.932.15$262,533
Jun 20242,86015,08278.082.63$263,034
May 20242,91913,68778.812.20$260,136
Apr 20243,50312,53884.451.66$316,631
Mar 20243,0139,70780.301.55$256,942
Feb 20241,6395,59476.091.78$134,689
Jan 20242,6346,06873.023.30$212,345
Dec 20232,9427,94871.262.61$230,397
Nov 20232,8936,41477.892.81$243,343
Oct 20233,0487,98685.443.09$285,076
Sep 20232,70212,28889.042.74$274,194
Aug 20233,53716,96280.522.67$330,137
Jul 20234,32112,96874.852.64$357,686
Jun 20231,8548,34668.962.26$146,701
May 20232,93512,18270.622.23$234,404
Apr 20233,86914,23278.122.24$334,094
Mar 20234,85110,51872.852.39$378,567
Feb 20232,2675,18175.112.47$183,049
Jan 20232,3137,14176.533.39$201,206
Dec 20222,2366,85276.415.73$210,108
Nov 20222,9267,63485.005.65$291,813
Oct 20223,2256,98287.185.86$322,096
Sep 20223,0839,17484.888.16$336,579
Aug 20222,9348,98394.529.13$359,311
Jul 20223,21411,352101.587.54$412,096
Jun 20223,26912,075115.097.98$472,554
May 20223,49411,366109.378.43$477,989
Apr 20223,46110,684104.226.84$433,758
Mar 20223,31010,958108.885.08$416,020
Feb 20223,3399,68491.054.86$351,069
Jan 20223,67111,46381.844.54$352,450
Dec 20213,29512,36971.323.90$283,228
Nov 20213,81212,99777.435.24$363,227
Oct 20214,03014,21179.795.71$402,754
Sep 20213,92511,74669.865.35$337,052
Aug 20215,15112,63066.024.22$393,375
Jul 20215,04613,55570.783.98$411,133
Jun 20214,29813,38269.493.38$343,907
May 20214,67612,12863.483.02$333,431
Apr 20215,12912,66460.362.76$344,519
Mar 20215,26111,78661.302.72$354,521
Feb 20213,5788,81957.805.55$255,736
Jan 20215,62910,64050.412.81$313,659
Dec 20205,86412,59144.642.68$295,456
Nov 20205,53111,09038.772.71$244,453
Oct 20204,1783,61036.972.48$163,408
Sep 20204,9842,50937.091.99$189,852
Aug 20203,5551,42539.982.39$145,528
Jul 20205,0078,51738.371.83$207,663
Jun 20205,2287,74134.901.69$195,542
May 20204,4554,64616.921.81$83,810
Apr 20205,0697,02414.751.80$87,442
Mar 20205,23910,02230.341.86$177,554
Feb 20205,1359,38149.881.98$274,714
Jan 20205,6198,96857.252.09$340,473
Dec 20195,90410,20059.012.30$371,900
Nov 20195,7408,97955.302.75$342,121
Oct 20196,48010,87353.472.42$372,782
Sep 20195,97010,72855.052.66$357,156
Aug 20197,11518,10353.112.30$419,593
Jul 20196,72710,95256.272.46$405,471
Jun 20196,09111,97752.782.49$351,320
May 20197,19013,96558.482.74$458,740
Apr 20196,86310,50862.632.75$458,734
Mar 20197,2907,14756.803.06$435,957
Feb 20196,56311,22150.852.79$365,060
Jan 20196,58014,89146.033.23$350,948
Dec 20185,1639,64946.594.19$280,929
Nov 20183,2894,59952.934.24$193,574
Oct 20189,29313,07361.443.40$615,385
Sep 20188,49210,97059.543.11$539,708
Aug 20189,63811,58359.403.07$608,017
Jul 201810,15211,55565.142.93$695,179
Jun 201810,95612,31560.183.08$697,224
May 201810,52811,58665.382.90$721,929
Apr 201810,94012,47863.842.90$734,606
Mar 201813,56414,97061.222.79$872,107
Feb 201813,32413,84361.782.77$861,448
Jan 201812,07014,91062.874.01$818,620
Dec 201720,64719,57757.272.92$1,239,648
Nov 201726,17125,48355.423.12$1,529,862
Oct 201718,83518,76049.292.98$984,351

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                1,748 bbl  × $106.41 =   $186,005
Casinghead gas     5,359 Mcf  × $  3.05 =    $16,323

────────────────────────────────────────────────────
Month total                                 $202,327

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/49858 is the state's own key, not one this site invented.