LIGON '730-19'

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 49968District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$18.0 M
Sep 2017 – May 2026
Value, last 12 filed months
$823 k
at the published price for each month
Months reported
105
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
OilDisposition226,392 bbl$13,680,885
Casinghead gasProduction1,281,660 Mcf$4,298,804
Total$17,979,689

Wells on this lease (1)

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 31.3364, -103.1600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.33637, -103.16004 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,680 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 10,680 ft.

Completions filed
Sep 2017
1 of 1 wells

1 well

42-389359074307H10,680 ftSep 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 (105)

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

105 months

May 20262724,079106.413.05$41,368
Apr 20266372,93398.932.87$71,435
Mar 20265566,73489.753.15$71,109
Feb 20268727,48863.503.75$83,454
Jan 20266634,68159.138.00$76,641
Dec 20258001,21256.664.41$50,677
Nov 20257427,90758.593.93$74,520
Oct 202575310,32759.383.30$78,842
Sep 20256538,63662.743.08$67,542
Aug 20255546,62863.933.01$55,399
Jul 20257109,51066.743.32$78,913
Jun 20256589,24266.483.13$72,659
May 20257429,62560.553.23$76,039
Apr 20258219,14162.363.54$83,585
Mar 20258288,73767.704.27$93,348
Feb 20257105,95070.884.34$76,153
Jan 20259494,75374.324.28$90,866
Dec 20247715,06268.993.12$68,992
Nov 20248049,30269.052.20$75,966
Oct 20241,3151,47971.372.28$97,226
Sep 202457369869.612.36$41,537
Aug 20245453,95975.632.06$49,388
Jul 20247096,69979.932.15$71,050
Jun 20245115,18078.082.63$53,543
May 20249399,23578.812.20$94,305
Apr 20241,09011,37384.451.66$110,921
Mar 202483611,58980.301.55$85,037
Feb 20248317,92876.091.78$77,371
Jan 20241,0086,80273.023.30$96,035
Dec 20231,06962571.262.61$77,809
Nov 20231,0707,78377.892.81$105,194
Oct 20239448,10785.443.09$105,684
Sep 20236684,20889.042.74$70,988
Aug 202372731880.522.67$59,388
Jul 20231,0317,74674.852.64$97,634
Jun 20239918,40568.962.26$87,322
May 20231,0359,61770.622.23$94,513
Apr 20231,3778,05678.122.24$125,599
Mar 20231,79314,41972.852.39$165,127
Feb 202398075.112.47$7,361
Jan 20234982,03976.533.39$45,020
Dec 20221,1178,86476.415.73$136,133
Nov 20221,0407,75785.005.65$132,198
Oct 20221,2809,28187.185.86$166,012
Sep 20221,4929,15584.888.16$201,379
Aug 20221,34610,41994.529.13$222,320
Jul 20221,72811,244101.587.54$260,333
Jun 20221,27611,250115.097.98$236,598
May 20221,39512,203109.378.43$255,480
Apr 20221,25511,906104.226.84$212,205
Mar 20221,32711,538108.885.08$203,055
Feb 20221,2429,17091.054.86$157,640
Jan 20221,37911,69081.844.54$165,903
Dec 20211,40211,79871.323.90$145,992
Nov 20211,33111,64977.435.24$164,063
Oct 20211,45211,56679.795.71$181,942
Sep 20211,37810,86769.865.35$154,416
Aug 20211,54211,82566.024.22$151,711
Jul 20211,55012,30670.783.98$158,712
Jun 20211,43611,79969.493.38$139,676
May 20211,64312,68063.483.02$142,562
Apr 20211,66011,31760.362.76$131,415
Mar 20211,90110,99561.302.72$146,404
Feb 20217055,17457.805.55$69,454
Jan 20211,73410,97550.412.81$118,254
Dec 20201,95510,31944.642.68$114,879
Nov 20201,55710,84138.772.71$89,707
Oct 20201,5559,37336.972.48$80,719
Sep 20201,93012,58537.091.99$96,641
Aug 20201,73011,17239.982.39$95,812
Jul 20202,34014,22838.371.83$115,754
Jun 20202,17514,99734.901.69$101,257
May 20204781,94916.921.81$11,625
Apr 20202,05214,05914.751.80$55,635
Mar 20201,94914,02930.341.86$85,174
Feb 20202,17814,51249.881.98$137,382
Jan 20202,29512,33257.252.09$157,221
Dec 20192,19613,72759.012.30$161,218
Nov 20192,61317,55155.302.75$192,776
Oct 20192,75418,60353.472.42$192,248
Sep 20192,81816,87655.052.66$199,975
Aug 20192,97617,04753.112.30$197,338
Jul 20192,97017,43056.272.46$210,001
Jun 20192,73717,33852.782.49$187,651
May 20193,08419,57458.482.74$233,991
Apr 20193,04519,05362.632.75$243,117
Mar 20193,23518,27756.803.06$239,714
Feb 20192,91118,42450.852.79$199,468
Jan 20193,50120,51846.033.23$227,387
Dec 20183,94622,87946.594.19$279,603
Nov 20184,12320,78852.934.24$306,314
Oct 20184,81122,93361.443.40$373,516
Sep 20184,58423,05059.543.11$344,571
Aug 20184,31222,47059.403.07$325,038
Jul 20184,05319,08765.142.93$319,973
Jun 20183,79024,79460.183.08$304,371
May 20184,55719,47965.382.90$354,441
Apr 20184,15819,36763.842.90$321,627
Mar 20185,19324,70661.222.79$386,767
Feb 20185,66423,03061.782.77$413,626
Jan 20187,43225,15362.874.01$568,096
Dec 20179,16531,91557.272.92$618,120
Nov 201710,96839,07255.423.12$729,687
Oct 201717,86343,51249.292.98$1,010,293
Sep 20177,97518,97147.523.09$437,541

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                  272 bbl  × $106.41 =    $28,944
Casinghead gas     4,079 Mcf  × $  3.05 =    $12,424

────────────────────────────────────────────────────
Month total                                  $41,368

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/49968 is the state's own key, not one this site invented.