TREES STATE '10-9'

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 50823District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$32.0 M
Apr 2017 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
110
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
OilDisposition521,725 bbl$29,531,867
Casinghead gasProduction807,408 Mcf$2,474,005
Total$32,005,872

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 31.3216, -103.0494. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.32156, -103.04940 · 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
10,657 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 10,657 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-371394184301H10,657 ftApr 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 (110)

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

110 months

May 20262,5584,836106.413.05$286,926
Apr 20261,9143,42398.932.87$199,175
Mar 202685187889.753.15$79,142
Feb 20261,3264,91763.503.75$102,641
Jan 202679883059.138.00$53,824
Dec 20251,6061,34656.664.41$96,936
Nov 20251,34391858.593.93$82,291
Oct 20252,2402,25559.383.30$140,464
Sep 20252,3372,73262.743.08$155,030
Aug 20251,6784,69263.933.01$121,420
Jul 20258351,05866.743.32$59,235
Jun 20251,1691,49166.483.13$82,380
May 20258481,12360.553.23$54,976
Apr 20256121,01062.363.54$41,743
Mar 202511922967.704.27$9,034
Feb 202550978370.884.34$39,477
Jan 20252,31613,78674.324.28$231,111
Dec 20242,4884,77868.993.12$186,561
Nov 20241,6714,17169.052.20$124,552
Oct 20242,2417,20471.372.28$176,375
Sep 20243,52522,94269.612.36$299,618
Aug 20244,03925,37175.632.06$357,826
Jul 20242,8663,20079.932.15$235,948
Jun 20241,5112,04778.082.63$123,371
May 20241,9291,75478.812.20$155,881
Apr 20242,19815,98784.451.66$212,147
Mar 20243,88714,83180.301.55$335,042
Feb 20242,5593,57476.091.78$201,089
Jan 20246682,22273.023.30$56,105
Dec 20231,6242,96271.262.61$123,459
Nov 20232,2436,48877.892.81$192,923
Oct 20234,35410,88385.443.09$405,605
Sep 20231,8323,99689.042.74$174,051
Aug 20231,1383,03280.522.67$99,736
Jul 20231,3578,87674.852.64$125,020
Jun 20231,76510,00968.962.26$144,320
May 20232,15113,59370.622.23$182,181
Apr 20232,7146,11978.122.24$225,711
Mar 20232,7062,52072.852.39$203,163
Feb 20232,24682475.112.47$170,729
Jan 20232,2901,31276.533.39$179,698
Dec 20222,0302,38076.415.73$168,748
Nov 20222,4211,60085.005.65$214,819
Oct 20223,6144,02287.185.86$338,653
Sep 202244320084.888.16$39,235
Aug 202236514194.529.13$35,787
Jul 20221,738908101.587.54$183,394
Jun 20221,330212115.097.98$154,761
May 20222,2373,070109.378.43$270,550
Apr 20222,410486104.226.84$254,493
Mar 20221,274216108.885.08$139,810
Feb 20228917791.054.86$81,500
Jan 20221,53411,90381.844.54$179,555
Dec 20211,77915,59071.323.90$187,666
Nov 20212,96712,94777.435.24$297,536
Oct 20212,68512,63679.795.71$286,437
Sep 20213,89816,86869.865.35$362,574
Aug 20214,75912,68166.024.22$367,710
Jul 20214,13311,75970.783.98$339,359
Jun 20212,9918,82269.493.38$237,668
May 20213,4826,12663.483.02$239,524
Apr 20213,6527,99760.362.76$242,494
Mar 20213,45110,26861.302.72$239,444
Feb 20211,7402,72457.805.55$115,685
Jan 20213,0914,42950.412.81$168,264
Dec 20203,1303,61944.642.68$149,406
Nov 20203,0743,17938.772.71$127,783
Oct 202066370436.972.48$26,256
Sep 20201,9961,78937.091.99$77,594
Aug 20203,9974,18039.982.39$169,770
Jul 20204,1055,00638.371.83$166,645
Jun 20205,5464,96934.901.69$201,955
May 20205,0368,06316.921.81$99,841
Apr 20204,8706,88714.751.80$84,259
Mar 20205,1189,48830.341.86$172,892
Feb 20204,9738,85349.881.98$265,588
Jan 20205,95811,23857.252.09$364,636
Dec 20195,95810,03859.012.30$374,713
Nov 20196,0227,30555.302.75$353,110
Oct 20196,33610,07053.472.42$363,141
Sep 20196,28411,97755.052.66$377,760
Aug 20196,5939,87453.112.30$372,907
Jul 20196,92814,31556.272.46$425,054
Jun 20196,9698,06452.782.49$387,913
May 20197,1137,68358.482.74$437,022
Apr 20197,3218,69962.632.75$482,443
Mar 20197,9657,11756.803.06$474,205
Feb 20197,2407,21750.852.79$388,305
Jan 20197,9037,32246.033.23$387,412
Dec 20188,6828,96546.594.19$442,017
Nov 20188,2487,97352.934.24$470,350
Oct 20188,27610,14661.443.40$542,954
Sep 20184,9828,59659.543.11$323,345
Aug 20181,7666,35959.403.07$124,401
Jul 20184153,60665.142.93$37,605
Jun 201831060.183.08$1,866
May 20185,6196,75165.382.90$386,954
Apr 20188,41610,07963.842.90$566,515
Mar 201810,11312,00061.222.79$652,560
Feb 20189,51410,86961.782.77$617,840
Jan 20187,5065,17762.874.01$492,658
Dec 201710,94110,99157.272.92$658,702
Nov 201712,77212,60755.423.12$747,137
Oct 201714,78213,71749.292.98$769,532
Sep 201718,82618,77847.523.09$952,584
Aug 201720,19920,00745.373.00$976,538
Jul 201722,05421,50743.873.09$1,033,907
Jun 201724,88422,90442.493.09$1,128,032
May 201734,81128,94045.373.26$1,673,818
Apr 201719,81416,71647.933.21$1,003,370

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                2,558 bbl  × $106.41 =   $272,197
Casinghead gas     4,836 Mcf  × $  3.05 =    $14,730

────────────────────────────────────────────────────
Month total                                 $286,926

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/50823 is the state's own key, not one this site invented.