CHERRY STATE UNIT 29-28

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 50360District 08Field 71052900OilCasinghead gasSave
Value, all time
$119.8 M
Mar 2018 – May 2026
Value, last 12 filed months
$9.3 M
at the published price for each month
Months reported
99
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
OilDisposition1,843,618 bbl$114,147,229
Casinghead gasProduction1,789,884 Mcf$5,690,673
Total$119,837,903

Wells on this lease (4)

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 31.3007, -103.0137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.30067, -103.01358 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
10,307 ft
4 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.
4100.0%

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 10,246 and 10,552 ft, median 10,307 ft, over the 4 wells that filed a depth.

Completions filed
Mar 2018 – Oct 2018
4 of 4 wells

4 wells

42-371396574301H10,552 ftOct 2018
42-371396604102H10,313 ftOct 2018
42-371394514313H10,300 ftMar 2018
42-371394534315H10,246 ftMar 2018

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 (99)

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

99 months

May 202610,36413,984106.413.05$1,145,426
Apr 20269,58115,34498.932.87$991,881
Mar 202611,05114,58389.753.15$1,037,756
Feb 20268,5038,83263.503.75$573,063
Jan 20269,83814,75659.138.00$699,738
Dec 20259,97413,24856.664.41$623,595
Nov 202510,10111,16658.593.93$635,660
Oct 202510,30812,64759.383.30$653,885
Sep 202510,36915,99062.743.08$699,751
Aug 202511,42114,69863.933.01$774,455
Jul 202510,64712,61166.743.32$752,389
Jun 20259,82714,26266.483.13$697,921
May 202511,15716,38660.553.23$728,521
Apr 202510,69113,51762.363.54$714,583
Mar 202510,91512,77267.704.27$793,460
Feb 20259,79110,24270.884.34$738,445
Jan 202511,34911,91174.324.28$894,421
Dec 202411,82914,53968.993.12$861,464
Nov 202411,84212,21469.052.20$844,542
Oct 202411,36112,48371.372.28$839,313
Sep 202411,80817,90069.612.36$864,277
Aug 202411,82418,04375.632.06$931,483
Jul 202412,94118,61179.932.15$1,074,324
Jun 202413,22417,67178.082.63$1,079,075
May 202411,70411,96178.812.20$948,688
Apr 202412,56913,75384.451.66$1,084,271
Mar 202411,82614,01480.301.55$971,281
Feb 202412,16913,56876.091.78$950,140
Jan 202413,10712,78373.023.30$999,227
Dec 202312,59514,44671.262.61$935,234
Nov 202313,13813,60377.892.81$1,061,510
Oct 20239,9854,93885.443.09$868,363
Sep 202310,9588,59089.042.74$999,194
Aug 20236,1585,80380.522.67$511,353
Jul 20236,9795,84574.852.64$537,819
Jun 20239,3958,06968.962.26$666,103
May 202312,2399,39570.622.23$885,245
Apr 202310,9427,76278.122.24$872,159
Mar 202312,16910,12272.852.39$910,735
Feb 202311,8888,59375.112.47$914,095
Jan 202313,09510,82376.533.39$1,038,826
Dec 202212,3379,66576.415.73$998,042
Nov 202212,2639,16885.005.65$1,094,119
Oct 202210,9577,41487.185.86$998,705
Sep 202214,52313,50984.888.16$1,342,995
Aug 202212,13710,51294.529.13$1,243,134
Jul 202213,09612,035101.587.54$1,421,061
Jun 202211,1479,183115.097.98$1,356,163
May 202213,62412,836109.378.43$1,598,303
Apr 202213,7919,845104.226.84$1,504,614
Mar 202214,67014,254108.885.08$1,669,629
Feb 202210,90110,07891.054.86$1,041,503
Jan 202212,06710,94381.844.54$1,037,219
Dec 202110,73310,16571.323.90$805,112
Nov 202113,92814,03577.435.24$1,151,944
Oct 202115,86116,53279.795.71$1,360,011
Sep 202113,05310,85369.865.35$969,956
Aug 202114,63110,77966.024.22$1,011,432
Jul 202115,59813,09170.783.98$1,156,156
Jun 202115,63411,83869.493.38$1,126,426
May 202111,0429,13363.483.02$728,507
Apr 202114,54115,97660.362.76$921,763
Mar 20219,70211,17361.302.72$625,089
Feb 20217,62710,00957.805.55$496,370
Jan 202116,96419,22850.412.81$909,191
Dec 202018,14120,58944.642.68$864,899
Nov 202018,39322,61038.772.71$774,292
Oct 202021,26624,01136.972.48$845,714
Sep 202019,50019,57537.091.99$762,230
Aug 202020,78825,57839.982.39$892,110
Jul 202022,60327,19838.371.83$916,917
Jun 202021,94823,27534.901.69$805,327
May 202023,19325,19916.921.81$438,155
Apr 202023,55728,14114.751.80$398,243
Mar 202025,24531,13030.341.86$823,718
Feb 202024,00527,34949.881.98$1,251,539
Jan 202027,81732,65657.252.09$1,660,929
Dec 201929,13832,50659.012.30$1,794,339
Nov 201924,70426,95955.302.75$1,440,287
Oct 201929,58330,52153.472.42$1,655,619
Sep 201929,02132,08955.052.66$1,682,876
Aug 201934,32536,10853.112.30$1,906,207
Jul 201936,80639,74756.272.46$2,168,854
Jun 201942,10345,16252.782.49$2,334,704
May 201947,75744,13558.482.74$2,913,773
Apr 201948,18143,62062.632.75$3,137,562
Mar 201942,93934,82656.803.06$2,545,576
Feb 201935,26520,24250.852.79$1,849,745
Jan 201948,68226,23946.033.23$2,325,537
Dec 201867,14846,10346.594.19$3,321,387
Nov 201852,09138,75952.934.24$2,921,408
Oct 201821,46715,32161.443.40$1,370,994
Sep 201824,41318,51759.543.11$1,511,101
Aug 201826,97318,97259.403.07$1,660,375
Jul 201830,34427,09865.142.93$2,056,056
Jun 201833,97923,34460.183.08$2,116,684
May 201847,73938,38565.382.90$3,232,523
Apr 201855,94744,30663.842.90$3,700,179
Mar 20186,0984,88261.222.79$386,925

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               10,364 bbl  × $106.41 = $1,102,833
Casinghead gas    13,984 Mcf  × $  3.05 =    $42,593

────────────────────────────────────────────────────
Month total                               $1,145,426

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/50360 is the state's own key, not one this site invented.