VENOM 6261C-34

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 54206District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$92.3 M
Oct 2019 – May 2026
Value, last 12 filed months
$6.0 M
at the published price for each month
Months reported
80
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
OilDisposition1,308,738 bbl$83,573,420
Casinghead gasProduction2,585,726 Mcf$8,757,663
Total$92,331,084

Wells on this lease (5)

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 31.4244, -103.0890. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.42428, -103.08888 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
11,237 ft
5 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.
5100.0%

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 10,770 and 11,624 ft, median 11,237 ft, over the 5 wells that filed a depth.

Completions filed
Oct 2019
5 of 5 wells

5 wells

42-4753753261H10,770 ftOct 2019
42-4753790851H11,131 ftOct 2019
42-4753790962H11,237 ftOct 2019
42-4753790652H11,513 ftOct 2019
42-4753790763H11,624 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 (80)

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

80 months

May 20266,23729,263106.413.05$752,810
Apr 20265,70223,07198.932.87$630,306
Mar 20265,22018,42189.753.15$526,511
Feb 20264,58117,18363.503.75$355,335
Jan 20264,74724,74559.138.00$478,599
Dec 20255,95925,44156.664.41$449,917
Nov 20257,36023,64758.593.93$524,071
Oct 20256,33817,79759.383.30$435,167
Sep 20257,39518,30162.743.08$520,273
Aug 20256,75617,02463.933.01$483,234
Jul 20254,68212,19866.743.32$352,915
Jun 20255,71321,07866.483.13$445,747
May 20256,51023,11160.553.23$468,883
Apr 20254,42714,72762.363.54$328,247
Mar 20254,96514,02267.704.27$395,981
Feb 20254,83511,06670.884.34$390,741
Jan 20255,58713,78974.324.28$474,225
Dec 20246,09820,52368.993.12$484,761
Nov 20249,57826,86469.052.20$720,420
Oct 20243,7359,14971.372.28$287,439
Sep 20246,74029,78369.612.36$539,589
Aug 20249,12539,01375.632.06$770,632
Jul 20249,50834,53979.932.15$834,116
Jun 20249,17826,55278.082.63$786,556
May 20248,01023,79778.812.20$683,584
Apr 20249,76437,34384.451.66$886,529
Mar 20249,44441,21580.301.55$822,036
Feb 20249,33129,52776.091.78$762,661
Jan 20247,45421,45873.023.30$615,052
Dec 20239,36829,19171.262.61$743,773
Nov 202310,12231,59377.892.81$877,102
Oct 20239,08628,19885.443.09$863,363
Sep 202310,00130,44889.042.74$973,766
Aug 20238,89526,04880.522.67$785,849
Jul 20239,61032,68674.852.64$805,658
Jun 202310,91636,10068.962.26$834,298
May 20239,84029,54470.622.23$760,707
Apr 202310,68532,50278.122.24$907,444
Mar 202311,88132,24972.852.39$942,708
Feb 202311,88632,92875.112.47$973,947
Jan 202313,41037,97776.533.39$1,154,923
Dec 202214,75131,61676.415.73$1,308,255
Nov 202210,54524,69985.005.65$1,035,780
Oct 202216,43842,64287.185.86$1,683,107
Sep 202213,70233,20584.888.16$1,434,101
Aug 202217,35131,71594.529.13$1,929,484
Jul 202213,85723,996101.587.54$1,588,574
Jun 20226,65321,681115.097.98$938,647
May 202212,29728,970109.378.43$1,589,228
Apr 202218,43132,380104.226.84$2,142,280
Mar 202219,34632,905108.885.08$2,273,431
Feb 202221,41837,83491.054.86$2,133,938
Jan 202223,10340,43481.844.54$2,074,226
Dec 202126,43536,67571.323.90$2,028,344
Nov 202126,15333,35077.435.24$2,199,676
Oct 202122,43531,78179.795.71$1,971,681
Sep 202123,06833,35769.865.35$1,790,021
Aug 202117,50824,03066.024.22$1,257,299
Jul 202116,48431,87070.783.98$1,293,646
Jun 202114,80427,30469.493.38$1,121,034
May 202123,56537,59863.483.02$1,609,365
Apr 202122,92033,76660.362.76$1,476,592
Mar 202130,25542,66561.302.72$1,970,550
Feb 202125,03732,29657.805.55$1,626,315
Jan 202121,47132,96650.412.81$1,174,996
Dec 202012,99420,58544.642.68$635,127
Nov 202027,83245,50838.772.71$1,202,217
Oct 202030,01847,96436.972.48$1,228,641
Sep 202019,22529,98537.091.99$772,757
Aug 202018,84331,15539.982.39$827,651
Jul 202030,17141,57638.371.83$1,233,542
Jun 202026,37333,10934.901.69$976,382
May 202011,91218,28116.921.81$234,726
Apr 202026,44546,96014.751.80$474,797
Mar 202035,99058,13130.341.86$1,199,841
Feb 202044,31366,55449.881.98$2,342,154
Jan 202059,93889,43657.252.09$3,618,796
Dec 201975,90597,29059.012.30$4,703,345
Nov 201983,891102,94955.302.75$4,922,354
Oct 201926,18232,39753.472.42$1,478,305

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                6,237 bbl  × $106.41 =   $663,679
Casinghead gas    29,263 Mcf  × $  3.05 =    $89,130

────────────────────────────────────────────────────
Month total                                 $752,810

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/54206 is the state's own key, not one this site invented.