VENOM 6261D-34

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 50708District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$33.1 M
May 2018 – May 2026
Value, last 12 filed months
$2.1 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
OilDisposition502,345 bbl$30,497,567
Casinghead gasProduction804,074 Mcf$2,588,074
Total$33,085,641

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 31.4058, -103.1017. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40576, -103.10170 · 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
11,187 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 11,187 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-475373561H11,187 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 20261,7528,076106.413.05$211,029
Apr 20261,54110,99398.932.87$183,998
Mar 20261,65112,78589.753.15$188,443
Feb 20262,55311,37863.503.75$204,787
Jan 20262,7606,33459.138.00$213,858
Dec 20251,0611,75156.664.41$67,844
Nov 20252,5868,40558.593.93$184,515
Oct 20252,5175,44359.383.30$167,448
Sep 20252,9325,41262.743.08$200,606
Aug 20251,4521,53563.933.01$97,454
Jul 20252,0653,18866.743.32$148,387
Jun 20252,7614,07066.483.13$196,285
May 20252,9204,72560.553.23$192,079
Apr 20252,6614,03062.363.54$180,219
Mar 20251,4231,58067.704.27$103,081
Feb 20251,9602,56770.884.34$150,068
Jan 20252,6562,84074.324.28$209,545
Dec 20242,3793,34668.993.12$174,571
Nov 20242,7353,52469.052.20$196,599
Oct 20241,9452,04071.372.28$143,469
Sep 20242,0814,35769.612.36$155,160
Aug 20242,4424,94075.632.06$194,883
Jul 20242,5484,93879.932.15$214,262
Jun 20242,3774,64478.082.63$197,828
May 20242,6454,45978.812.20$218,255
Apr 20242,4334,14484.451.66$212,343
Mar 20242,7635,77380.301.55$230,789
Feb 20242,6845,34076.091.78$213,750
Jan 20242,8805,75973.023.30$229,289
Dec 20233,0556,13671.262.61$233,719
Nov 20233,1175,29777.892.81$257,655
Oct 20233,2164,54585.443.09$288,807
Sep 20233,2573,87489.042.74$300,599
Aug 202332361680.522.67$27,654
Jul 20232,9065,99374.852.64$233,346
Jun 20233,0615,63768.962.26$223,818
May 20233,3105,06770.622.23$245,038
Apr 20233,5454,94378.122.24$287,997
Mar 20233,3323,84272.852.39$251,931
Feb 20238301,09575.112.47$65,041
Jan 20232,1702,59276.533.39$174,851
Dec 20222,2902,53576.415.73$189,502
Nov 20222,1702,57785.005.65$199,000
Oct 20222,4542,79787.185.86$230,341
Sep 20222,4392,98184.888.16$231,358
Aug 20223,0293,77394.529.13$320,738
Jul 20223,7274,758101.587.54$414,474
Jun 20223,0293,690115.097.98$378,043
May 20221570109.378.43$17,171
Apr 20222,0962,387104.226.84$234,766
Mar 20223,2574,856108.885.08$379,273
Feb 20222,6345,55091.054.86$266,792
Jan 20223,7775,67281.844.54$334,847
Dec 20213,8876,26571.323.90$301,649
Nov 20213,2547,35377.435.24$290,464
Oct 20213,9256,77379.795.71$351,876
Sep 20213,9046,74569.865.35$308,825
Aug 20214,0597,57866.024.22$299,959
Jul 20214,6808,58270.783.98$365,425
Jun 20216513,91869.493.38$58,483
May 20212,9253,76063.483.02$197,025
Apr 202149457860.362.76$31,412
Mar 20214,6105,45161.302.72$297,403
Feb 20213,9535,37957.805.55$258,326
Jan 20216,0458,43550.412.81$328,433
Dec 20206,0728,72344.642.68$294,392
Nov 20206,0618,27838.772.71$257,390
Oct 20205,9158,64436.972.48$240,101
Sep 20206,7098,39437.091.99$265,550
Aug 20206,6367,42639.982.39$283,019
Jul 20205,8667,26638.371.83$238,340
Jun 20204,9075,87134.901.69$181,178
May 20205,7757,52316.921.81$111,365
Apr 20206,3519,15614.751.80$110,198
Mar 20206,81710,44930.341.86$226,224
Feb 20206,4049,96649.881.98$339,171
Jan 20206,84610,21557.252.09$413,331
Dec 20192,7954,41459.012.30$175,104
Nov 20192,3753,63955.302.75$141,347
Oct 20197882,57953.472.42$48,372
Sep 20192,3216,38055.052.66$144,725
Aug 20195,16415,01853.112.30$308,867
Jul 20197,85818,22656.272.46$487,007
Jun 20199,45918,40152.782.49$545,087
May 20199,76819,07058.482.74$623,491
Apr 201910,35417,61862.632.75$696,933
Mar 201911,66822,82456.803.06$732,632
Feb 201910,64819,86650.852.79$596,921
Jan 201913,05023,59646.033.23$676,864
Dec 201814,76726,78746.594.19$800,110
Nov 201816,17125,53152.934.24$964,112
Oct 201817,50626,43161.443.40$1,165,383
Sep 201822,09730,04159.543.11$1,409,023
Aug 201823,88427,28259.403.07$1,502,371
Jul 201828,12933,71765.142.93$1,931,177
Jun 201832,78335,93760.183.08$2,083,456
May 201813,67014,40065.382.90$935,516

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                1,752 bbl  × $106.41 =   $186,430
Casinghead gas     8,076 Mcf  × $  3.05 =    $24,598

────────────────────────────────────────────────────
Month total                                 $211,029

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/50708 is the state's own key, not one this site invented.