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TREES STATE 52-53

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 51086District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$39.9 M
Feb 2018 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
100
no gaps in the span
Streams
2
oil, casinghead gas

The PHANTOM (WOLFCAMP) field

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
OilDisposition605,205 bbl$37,974,821
Casinghead gasProduction586,170 Mcf$1,900,976
Total$39,875,797

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 31.2403, -103.0008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
9,932 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 9,932 ft.

Completions filed
Feb 2018
1 of 1 wells

1 well

42-371394794301H9,932 ftFeb 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 (100)

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

100 months

May 20262,4512,550106.413.05$268,578
Apr 20262,3162,34698.932.87$235,854
Mar 20262,4082,61989.753.15$224,366
Feb 20262,3692,46763.503.75$159,684
Jan 20262,6812,37259.138.00$177,499
Dec 20252,3832,00956.664.41$143,887
Nov 20252,2372,24458.593.93$139,877
Oct 20252,4583,09659.383.30$156,188
Sep 20252,4883,08562.743.08$165,589
Aug 20252,6013,40663.933.01$176,550
Jul 20252,6392,97666.743.32$185,993
Jun 20252,5721,29866.483.13$175,048
May 20252,2481,51860.553.23$141,023
Apr 20252,4754,95962.363.54$171,911
Mar 20253,4057,17067.704.27$261,122
Feb 20253,1236,26270.884.34$248,541
Jan 20253,4725,43974.324.28$281,311
Dec 20243,7277,02168.993.12$279,041
Nov 20243,6994,69469.052.20$265,735
Oct 20243,1301,68571.372.28$227,232
Sep 20243,0531,21469.612.36$215,390
Aug 20241,8811,99575.632.06$146,377
Jul 20243,9027,07079.932.15$327,063
Jun 20243,8644,36978.082.63$313,209
May 20243,5683,67478.812.20$289,271
Apr 20243,7323,00184.451.66$320,147
Mar 20244,1512,38380.301.55$337,007
Feb 20244,8215,13576.091.78$375,989
Jan 20243,0628,97473.023.30$253,180
Dec 20233,28710,53071.262.61$261,723
Nov 20233,49513,74077.892.81$310,801
Oct 20233,1218,86585.443.09$294,027
Sep 20233,5309,88989.042.74$341,358
Aug 20231,2383,78680.522.67$109,803
Jul 20232,2518,42774.852.64$190,750
Jun 20233,2668,27568.962.26$243,912
May 20233,1794,18170.622.23$233,814
Apr 20233,4308,53778.122.24$287,055
Mar 20233,5988,61472.852.39$282,729
Feb 20233,1977,45375.112.47$258,503
Jan 20233,4306,10376.533.39$283,173
Dec 20223,3367,96976.415.73$300,559
Nov 20223,5465,38985.005.65$331,837
Oct 20223,8396,32987.185.86$371,796
Sep 20223,5534,17184.888.16$335,629
Aug 20223,5502,98094.529.13$362,745
Jul 20223,5403,897101.587.54$388,985
Jun 20224,0225,090115.097.98$503,496
May 20225,2748,451109.378.43$648,085
Apr 20224,5643,622104.226.84$500,426
Mar 20223,5641,962108.885.08$398,008
Feb 20222,9191,24991.054.86$271,844
Jan 20223,7611,85481.844.54$316,213
Dec 20213,8321,94871.323.90$280,894
Nov 20213,7051,75877.435.24$296,085
Oct 20214,0182,50079.795.71$334,881
Sep 20213,6271,67869.865.35$262,361
Aug 20214,0061,97566.024.22$272,812
Jul 20214,6372,39470.783.98$337,740
Jun 20214,3231,96369.493.38$307,041
May 20213,1062,53163.483.02$204,807
Apr 20216,0477,68660.362.76$386,198
Mar 20216,7265,71661.302.72$427,834
Feb 20214,3442,67457.805.55$265,918
Jan 20216,0133,67150.412.81$313,432
Dec 20205,4363,39044.642.68$251,733
Nov 20205,8203,87138.772.71$236,119
Oct 20204,2783,35636.972.48$166,475
Sep 20201,00592637.091.99$39,119
Aug 20205,3627,49039.982.39$232,237
Jul 20207,07810,46038.371.83$290,674
Jun 20206,9779,51634.901.69$259,582
May 20206,3105,86716.921.81$117,412
Apr 20206,5536,69514.751.80$108,737
Mar 20207,2447,55730.341.86$233,810
Feb 20207,0205,42549.881.98$360,903
Jan 20207,0304,91857.252.09$412,769
Dec 20196,3954,84159.012.30$388,524
Nov 20198,1562,26555.302.75$457,257
Oct 20195,6722,82053.472.42$310,102
Sep 20191321,09655.052.66$10,179
Aug 20197,4306,82853.112.30$410,341
Jul 20197,9136,86856.272.46$462,160
Jun 20199,3158,85052.782.49$513,693
May 20199,5878,06358.482.74$582,743
Apr 201910,0393,90662.632.75$639,487
Mar 201911,1569,10056.803.06$661,526
Feb 20199,2367,71150.852.79$491,181
Jan 201911,3337,88646.033.23$547,115
Dec 201812,5698,32546.594.19$620,434
Nov 201813,9608,81252.934.24$776,241
Oct 201815,97410,36561.443.40$1,016,664
Sep 201814,36111,50059.543.11$890,796
Aug 201816,15611,05759.403.07$993,573
Jul 201817,99813,87965.142.93$1,213,081
Jun 201819,86915,58760.183.08$1,243,676
May 201824,19116,47665.382.90$1,629,401
Apr 201831,11222,79563.842.90$2,052,314
Mar 201848,54131,61761.222.79$3,059,792
Feb 20182071,16461.782.77$16,008

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                2,451 bbl  × $106.41 =   $260,811
Casinghead gas     2,550 Mcf  × $  3.05 =     $7,767

────────────────────────────────────────────────────
Month total                                 $268,578

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/51086 is the state's own key, not one this site invented.