STATE EILAND 3-33

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 50937District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$34.5 M
Aug 2018 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
94
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
OilDisposition493,871 bbl$30,465,908
Casinghead gasProduction1,383,127 Mcf$4,046,210
Total$34,512,118

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 31.3831, -103.0363. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38314, -103.03633 · 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
10,684 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 10,684 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-4753745411H10,684 ftAug 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 (94)

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

94 months

May 2026143140106.413.05$15,643
Apr 20262,0935,91698.932.87$224,038
Mar 20263,59312,87389.753.15$363,014
Feb 20263,62510,64263.503.75$270,098
Jan 20264,23814,01459.138.00$362,676
Dec 20253,60412,87256.664.41$261,011
Nov 20251,2816,31058.593.93$99,830
Oct 20253,65918,77759.383.30$279,326
Sep 20253,93916,52462.743.08$297,976
Aug 20253,00913,75663.933.01$233,836
Jul 20253,76315,24466.743.32$301,680
Jun 20253,78118,82666.483.13$310,262
May 20254,15829,32160.553.23$346,542
Apr 20254,44721,06962.363.54$351,965
Mar 20254,67512,67167.704.27$370,581
Feb 20253,2408,05570.884.34$264,617
Jan 20254,79410,64574.324.28$401,837
Dec 20243,9398,97468.993.12$299,763
Nov 20241,1145,18069.052.20$88,310
Oct 20247522,48671.372.28$59,342
Sep 202406469.612.36$151
Aug 20240075.632.06$0
Jul 2024104079.932.15$8,313
Jun 20243,66717,06778.082.63$331,274
May 20244,13322,69278.812.20$375,609
Apr 20244,83223,87384.451.66$447,672
Mar 20245,31425,39380.301.55$465,950
Feb 20246,56228,10276.091.78$549,426
Jan 20242,86711,30673.023.30$246,632
Dec 20237,13025,99771.262.61$575,955
Nov 20237,71531,28377.892.81$688,750
Oct 20238,70731,27985.443.09$840,493
Sep 20238,69929,38589.042.74$854,928
Aug 202311,88634,60980.522.67$1,049,566
Jul 20237,92118,02374.852.64$640,500
Jun 202310,44322,16468.962.26$770,206
May 202310,52621,12370.622.23$790,395
Apr 20236,04413,56178.122.24$502,504
Mar 20235,0998,71272.852.39$392,311
Feb 20232,5174,50175.112.47$200,150
Jan 20232,9036,93076.533.39$245,643
Dec 20222,2484,27776.415.73$196,273
Nov 20222,0413,31285.005.65$192,185
Oct 20221,7773,79387.185.86$177,160
Sep 202225636184.888.16$24,676
Aug 202225447994.529.13$28,380
Jul 20221631,069101.587.54$24,620
Jun 20222210115.097.98$25,435
May 20222601,043109.378.43$37,232
Apr 20221020104.226.84$10,630
Mar 2022486496108.885.08$55,434
Feb 2022722,80091.054.86$20,160
Jan 202214175481.844.54$14,961
Dec 202115767871.323.90$13,841
Nov 202147183177.435.24$40,821
Oct 20211652179.795.71$13,285
Sep 2021176069.865.35$12,295
Aug 202112637866.024.22$9,914
Jul 202110221170.783.98$8,060
Jun 202123069.493.38$1,598
May 20216813863.483.02$4,733
Apr 20210060.362.76$0
Mar 202111043361.302.72$7,919
Feb 202141747157.805.55$26,716
Jan 20218510550.412.81$4,580
Dec 202089044.642.68$3,973
Nov 202072484338.772.71$30,351
Oct 2020133036.972.48$4,917
Sep 202055885737.091.99$22,403
Aug 202023317039.982.39$9,721
Jul 202027234438.371.83$11,064
Jun 20201,8083,36534.901.69$68,787
May 202093016.921.81$1,574
Apr 20202,70710,37614.751.80$58,651
Mar 20207,05428,02130.341.86$266,032
Feb 20208,63833,12649.881.98$496,475
Jan 202010,93441,95157.252.09$713,848
Dec 20197,82924,24659.012.30$517,861
Nov 20198,47024,24255.302.75$535,073
Oct 20199,48731,33753.472.42$583,060
Sep 201911,06863,44355.052.66$777,879
Aug 20199,94033,68653.112.30$605,538
Jul 201910,81832,60556.272.46$688,939
Jun 201912,30946,54352.782.49$765,617
May 201917,57664,61158.482.74$1,204,899
Apr 201918,69850,05962.632.75$1,308,753
Mar 201923,90850856.803.06$1,359,530
Feb 201917,26540350.852.79$879,051
Jan 201921,53748,47646.033.23$1,147,837
Dec 201824,96450,74146.594.19$1,375,446
Nov 201824,53149,02352.934.24$1,506,148
Oct 201825,03650,97761.443.40$1,711,436
Sep 201823,41745,96059.543.11$1,537,092
Aug 20182,9385,20559.403.07$190,479

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                  143 bbl  × $106.41 =    $15,217
Casinghead gas       140 Mcf  × $  3.05 =       $426

────────────────────────────────────────────────────
Month total                                  $15,643

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/50937 is the state's own key, not one this site invented.