STATE EILAND 1705

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 50595District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$83.9 M
May 2018 – May 2026
Value, last 12 filed months
$24.1 M
at the published price for each month
Months reported
97
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
OilDisposition1,148,591 bbl$73,922,067
Casinghead gasProduction2,950,348 Mcf$9,929,841
Total$83,851,909

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 31.3856, -103.0525. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.38533, -103.05240 · 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
10,827 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 10,771 and 10,942 ft, median 10,827 ft, over the 3 wells that filed a depth.

Completions filed
May 2018 – Sep 2024
3 of 3 wells

3 wells

42-475386942H10,827 ftSep 2024
42-475386953H10,771 ftSep 2024
42-475374221H10,942 ftMay 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 (97)

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

97 months

May 202619,40176,479106.413.05$2,297,403
Apr 202620,55779,74598.932.87$2,262,550
Mar 202620,10359,29989.753.15$1,991,003
Feb 202615,99760,19663.503.75$1,241,564
Jan 202622,34486,27759.138.00$2,011,237
Dec 202526,95499,65156.664.41$1,967,009
Nov 202524,82695,80858.593.93$1,830,740
Oct 202527,101102,72059.383.30$1,948,731
Sep 202527,59088,78862.743.08$2,004,190
Aug 202524,08279,85563.933.01$1,780,306
Jul 202531,068106,82966.743.32$2,427,638
Jun 202530,73995,16566.483.13$2,341,273
May 202535,280118,41660.553.23$2,518,962
Apr 202536,579103,12862.363.54$2,646,461
Mar 202544,161111,14767.704.27$3,464,111
Feb 202547,078113,95470.884.34$3,831,545
Jan 202557,827104,54574.324.28$4,745,017
Dec 202457,40193,86668.993.12$4,253,086
Nov 202442,49461,00369.052.20$3,068,322
Oct 202415,27120,10971.372.28$1,135,768
Sep 20248,35512,27469.612.36$610,612
Aug 202435175.632.06$2,649
Jul 20243,3326,50879.932.15$280,297
Jun 20245,3249,05078.082.63$439,535
May 20242,7734,06578.812.20$227,477
Apr 20244,4026,41484.451.66$382,391
Mar 20244,6627,13180.301.55$385,377
Feb 20246,3189,80376.091.78$498,222
Jan 20248,40715,31673.023.30$664,386
Dec 20234,2905,65671.262.61$320,472
Nov 20233,0504,68277.892.81$250,710
Oct 20231,7571,62385.443.09$155,129
Sep 20231,7372,80889.042.74$162,342
Aug 202396736580.522.67$78,838
Jul 20239281,06974.852.64$72,285
Jun 20237771,45468.962.26$56,866
May 20237921,21870.622.23$58,644
Apr 20238071,76978.122.24$67,001
Mar 20231,4122,69572.852.39$109,314
Feb 202318075.112.47$1,352
Jan 202348232676.533.39$37,992
Dec 20221,0221,05476.415.73$84,129
Nov 20224761,17285.005.65$47,077
Oct 20223353087.185.86$29,381
Sep 20222,3085,11884.888.16$237,685
Aug 20221,8403,84994.529.13$209,047
Jul 20221,4272,132101.587.54$161,034
Jun 20228492,465115.097.98$117,375
May 20228801,582109.378.43$109,587
Apr 20221,3341,269104.226.84$147,706
Mar 20225,95111,850108.885.08$708,100
Feb 20226,53010,88091.054.86$647,421
Jan 202284866581.844.54$72,418
Dec 2021211071.323.90$15,049
Nov 202121238377.435.24$18,421
Oct 202127997879.795.71$27,850
Sep 20218521,91969.865.35$69,789
Aug 20217521966.024.22$5,876
Jul 202112546470.783.98$10,695
Jun 202130069.493.38$2,085
May 202110214063.483.02$6,897
Apr 20210060.362.76$0
Mar 202133675861.302.72$22,656
Feb 20212,3023,81357.805.55$154,210
Jan 20212,8185,15150.412.81$156,531
Dec 20202,5414,02044.642.68$124,186
Nov 20203,0665,03438.772.71$132,494
Oct 202048176336.972.48$19,674
Sep 202034166337.091.99$13,968
Aug 202022026439.982.39$9,425
Jul 20202954138.371.83$2,100
Jun 20201,69968434.901.69$60,451
May 20204684,31216.921.81$15,744
Apr 20205,99927,56614.751.80$138,225
Mar 202013,23350,99030.341.86$496,138
Feb 202013,83369,96949.881.98$828,576
Jan 202015,89371,94557.252.09$1,060,580
Dec 201912,58353,72959.012.30$866,334
Nov 201914,97161,52255.302.75$997,125
Oct 201917,41665,90853.472.42$1,090,635
Sep 201921,37311,24255.052.66$1,206,457
Aug 201922,87644,87153.112.30$1,318,343
Jul 201923,90647,08456.272.46$1,461,020
Jun 201924,61554,25452.782.49$1,434,337
May 201921,11441,09758.482.74$1,347,366
Apr 20198,10715,71962.632.75$550,980
Mar 20194,26735956.803.06$243,465
Feb 201936418850.852.79$19,034
Jan 201921,50645,43546.033.23$1,136,594
Dec 201825,30749,05846.594.19$1,384,382
Nov 201826,02750,52852.934.24$1,591,708
Oct 201831,12656,44161.443.40$2,104,172
Sep 201830,50751,50959.543.11$1,976,477
Aug 201830,72459,52759.403.07$2,007,549
Jul 201820,77573,42265.142.93$1,568,548
Jun 201814,24021,91160.183.08$924,382
May 20183642,69565.382.90$31,616

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               19,401 bbl  × $106.41 = $2,064,460
Casinghead gas    76,479 Mcf  × $  3.05 =   $232,943

────────────────────────────────────────────────────
Month total                               $2,297,403

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/50595 is the state's own key, not one this site invented.