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TREES STATE 52-53-E

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 52909District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$27.8 M
May 2019 – May 2026
Value, last 12 filed months
$2.6 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
OilDisposition427,456 bbl$26,312,635
Casinghead gasProduction440,677 Mcf$1,443,260
Total$27,755,895

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 31.2386, -102.9925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.23862, -102.99250 · 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
10,032 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 10,032 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-371397644309H10,032 ftOct 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 20262,2193,706106.413.05$247,412
Apr 20262,2853,48298.932.87$236,047
Mar 20262,6174,26789.753.15$248,314
Feb 20262,0802,94263.503.75$143,113
Jan 20262,3823,10959.138.00$165,713
Dec 20252,9333,69756.664.41$182,500
Nov 20252,7623,24358.593.93$174,559
Oct 20252,9933,05559.383.30$187,821
Sep 20253,6673,57662.743.08$241,071
Aug 20253,8873,83663.933.01$260,061
Jul 20253,9293,66466.743.32$274,368
Jun 20253,8402,96666.483.13$264,563
May 20252,0312,32460.553.23$130,489
Apr 20252,7693,44462.363.54$184,877
Mar 20252,7143,27767.704.27$197,725
Feb 20252,4003,50270.884.34$185,314
Jan 20252,3172,17874.324.28$181,518
Dec 20241,9042,11768.993.12$137,965
Nov 20242,1202,97869.052.20$152,933
Oct 20242,9062,52671.372.28$213,164
Sep 20243,7743,74069.612.36$271,551
Aug 20243,8893,17475.632.06$300,675
Jul 20243,9443,23179.932.15$322,180
Jun 20243,4623,13278.082.63$278,563
May 20243,0522,27478.812.20$245,527
Apr 20241,7081,29084.451.66$146,381
Mar 202496981480.301.55$79,068
Feb 202434315676.091.78$26,377
Jan 20243,4801,75473.023.30$259,894
Dec 20232,5721,50371.262.61$187,205
Nov 20231,57028677.892.81$123,090
Oct 20232,4791,16785.443.09$215,409
Sep 20232,04498989.042.74$184,703
Aug 202353430580.522.67$43,813
Jul 20232927874.852.64$2,905
Jun 20234931,07168.962.26$36,416
May 202377867970.622.23$56,455
Apr 20232,3751,27578.122.24$188,388
Mar 20233,3041,77672.852.39$244,947
Feb 202350034675.112.47$38,408
Jan 20231,75689876.533.39$137,429
Dec 2022041476.415.73$2,372
Nov 2022074685.005.65$4,212
Oct 2022039087.185.86$2,287
Sep 202292084.888.16$7,809
Aug 20224,0723,47094.529.13$416,557
Jul 20224,1134,457101.587.54$451,414
Jun 20225,3167,967115.097.98$675,373
May 20224,4195,738109.378.43$531,695
Apr 20224,6224,973104.226.84$515,708
Mar 20225,6185,641108.885.08$640,324
Feb 20225,1835,32191.054.86$497,766
Jan 20225,9946,82381.844.54$521,510
Dec 20215,3587,17571.323.90$410,109
Nov 20216,42510,31877.435.24$551,522
Oct 20218,3367,84879.795.71$709,972
Sep 20211,44788869.865.35$105,839
Aug 20216,3067,21566.024.22$446,774
Jul 20217,6748,92970.783.98$578,722
Jun 20216,4616,34369.493.38$470,418
May 20214,2434,79663.483.02$283,818
Apr 20215,1029,77560.362.76$334,920
Mar 20215,84010,83761.302.72$387,435
Feb 20215,74910,43757.805.55$390,196
Jan 20216,28610,94150.412.81$347,624
Dec 20206,48410,17144.642.68$316,658
Nov 20208,61712,67038.772.71$368,373
Oct 202010,86816,14536.972.48$441,804
Sep 202011,40816,55937.091.99$456,092
Aug 202013,68920,54139.982.39$596,279
Jul 202018,64423,31138.371.83$757,916
Jun 202015,65311,08434.901.69$565,025
May 20202016.921.81$34
Apr 20201,2381,20414.751.80$20,433
Mar 20206,2374,78030.341.86$198,103
Feb 202016,75013,93849.881.98$863,097
Jan 202033,95725,28557.252.09$1,997,004
Dec 201938,05525,84059.012.30$2,305,170
Nov 201911,3667,45255.302.75$649,038
Oct 201928,02216,22853.472.42$1,537,584
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
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                2,219 bbl  × $106.41 =   $236,124
Casinghead gas     3,706 Mcf  × $  3.05 =    $11,288

────────────────────────────────────────────────────
Month total                                 $247,412

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/52909 is the state's own key, not one this site invented.