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TREES RANCH 35-38-H

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 52667District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$39.7 M
May 2019 – May 2026
Value, last 12 filed months
$4.1 M
at the published price for each month
Months reported
85
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
OilDisposition530,856 bbl$37,296,017
Casinghead gasProduction633,819 Mcf$2,428,664
Total$39,724,681

Wells on this lease (2)

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 31.2117, -103.0104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.21170, -103.01040 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,744 ft
2 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.
2100.0%

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 9,669 and 9,818 ft, median 9,744 ft, over the 2 wells that filed a depth.

Completions filed
May 2019 – Jun 2019
2 of 2 wells

2 wells

42-371395484114H9,818 ftJun 2019——
42-371395474315H9,669 ftMay 2019——

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 (85)

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

85 months

May 20265,9157,848106.413.05$653,319
Apr 20266,0764,98998.932.87$615,416
Mar 20262,2931,65489.753.15$211,006
Feb 20263,5913,30163.503.75$240,408
Jan 20264,4804,49159.138.00$300,821
Dec 20254,6085,05356.664.41$283,390
Nov 20254,3185,83558.593.93$275,902
Oct 20254,4105,30159.383.30$279,385
Sep 20254,5135,87962.743.08$301,235
Aug 20254,5776,29363.933.01$311,579
Jul 20254,6015,70566.743.32$325,984
Jun 20254,1985,81866.483.13$297,286
May 20254,6746,04860.553.23$302,560
Apr 20254,4165,75862.363.54$295,783
Mar 20255,1427,39967.704.27$379,695
Feb 20255,5766,43970.884.34$423,178
Jan 20256,0684,96274.324.28$472,205
Dec 20242,7431,44068.993.12$193,734
Nov 20243,3315,20869.052.20$241,455
Oct 20245,80312,51971.372.28$442,721
Sep 20245,7509,68969.612.36$423,166
Aug 20245,1185,16975.632.06$397,741
Jul 20243,8755,02879.932.15$320,522
Jun 20244,6915,74278.082.63$381,398
May 20244,8064,55178.812.20$388,766
Apr 20245,3006,00684.451.66$457,550
Mar 20246,8409,11780.301.55$563,339
Feb 20245,9253,71876.091.78$457,465
Jan 20243,7691,82173.023.30$281,217
Dec 20235,8533,55171.262.61$426,355
Nov 20234,2295,68477.892.81$345,355
Oct 20235,99314,32085.443.09$556,252
Sep 20236,47111,36089.042.74$607,248
Aug 20237,0906,68980.522.67$588,766
Jul 20234,1342,15774.852.64$315,128
Jun 20235,4169,25768.962.26$394,394
May 20236,83211,09370.622.23$507,184
Apr 20236,56811,07978.122.24$537,884
Mar 20236,70712,49472.852.39$518,505
Feb 20237,11214,28175.112.47$569,395
Jan 20238,70417,16776.533.39$724,274
Dec 20228,33319,35876.415.73$747,628
Nov 20229,00318,18985.005.65$867,954
Oct 20229,82424,34887.185.86$999,227
Sep 202210,38119,59384.888.16$1,041,090
Aug 202215,55323,69394.529.13$1,686,319
Jul 20226,4606,542101.587.54$705,547
Jun 20227,2476,943115.097.98$889,443
May 20227,5507,298109.378.43$887,288
Apr 20226,9026,472104.226.84$763,579
Mar 20226,9627,106108.885.08$794,095
Feb 20226,5026,25091.054.86$622,375
Jan 20227,3356,79681.844.54$631,134
Dec 20218,0806,70371.323.90$602,401
Nov 20217,4885,63577.435.24$609,305
Oct 20216,7864,64979.795.71$568,019
Sep 20214,8573,33869.865.35$357,171
Aug 20217,1327,28966.024.22$501,619
Jul 20217,7568,01770.783.98$580,894
Jun 20218,4587,94669.493.38$614,609
May 20216,2164,96363.483.02$409,568
Apr 20218,1507,65160.362.76$513,039
Mar 20219,4768,82061.302.72$604,842
Feb 20217,3896,54857.805.55$463,412
Jan 20219,0729,27350.412.81$483,379
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20209,2338,62138.371.83$370,005
Jun 202029034.901.69$1,012
May 20204,0835,01816.921.81$78,191
Apr 20208,15311,75214.751.80$141,462
Mar 202010,70514,21930.341.86$351,183
Feb 202014,77313,57049.881.98$763,755
Jan 20208,2936,86757.252.09$489,159
Dec 20194,1264,58559.012.30$254,041
Nov 20196,7206,27355.302.75$388,871
Oct 20197,6208,79753.472.42$428,717
Sep 20199,2977,66055.052.66$532,155
Aug 201912,61810,07553.112.30$693,358
Jul 201916,08112,06856.272.46$934,566
Jun 201913,6978,98152.782.49$745,301
May 20190058.482.74$0

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                5,915 bbl  × $106.41 =   $629,415
Casinghead gas     7,848 Mcf  × $  3.05 =    $23,904

────────────────────────────────────────────────────
Month total                                 $653,319

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/52667 is the state's own key, not one this site invented.