VENOM 6261B-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 54428District 08Field 71052900OilCasinghead gasSave
Value, all time
$103.1 M
Oct 2019 – May 2026
Value, last 12 filed months
$7.1 M
at the published price for each month
Months reported
80
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,434,955 bbl$91,225,581
Casinghead gasProduction3,328,496 Mcf$11,890,430
Total$103,116,011

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 31.4271, -103.0928. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.42692, -103.09258 · 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
11,007 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 10,202 and 11,547 ft, median 11,007 ft, over the 5 wells that filed a depth.

Completions filed
Oct 2019 – Jul 2020
5 of 5 wells

5 wells

42-4753805634H11,547 ftJul 2020
42-4753805733H11,007 ftJul 2020
42-4753753131H10,959 ftOct 2019
42-4753791141H11,259 ftOct 2019
42-4753791032H10,202 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 20263,78122,289106.413.05$470,225
Apr 20266,07335,05398.932.87$701,394
Mar 20265,55938,13589.753.15$619,024
Feb 20264,41142,81763.503.75$440,676
Jan 20263,89452,63859.138.00$651,247
Dec 20254,44653,67256.664.41$488,784
Nov 20257,34765,67458.593.93$688,326
Oct 20257,13848,93659.383.30$585,580
Sep 20257,71847,17462.743.08$629,378
Aug 20256,97533,38763.933.01$546,566
Jul 20257,66735,45966.743.32$629,249
Jun 20258,69635,27166.483.13$688,463
May 20258,84229,09260.553.23$629,418
Apr 20258,09724,70962.363.54$592,476
Mar 20258,84528,88767.704.27$722,105
Feb 202510,02430,22370.884.34$841,694
Jan 20259,71520,48274.324.28$809,655
Dec 20243,62711,30668.993.12$285,517
Nov 20248,88426,29069.052.20$671,237
Oct 20245,37314,56971.372.28$416,709
Sep 20246,99539,43369.612.36$580,156
Aug 20248,51047,04475.632.06$740,693
Jul 202411,02950,39679.932.15$989,728
Jun 20249,32032,86578.082.63$814,271
May 20247,93629,59678.812.20$690,501
Apr 20248,20733,13984.451.66$748,065
Mar 20249,47842,73480.301.55$827,113
Feb 202410,21938,61876.091.78$846,444
Jan 202411,71933,26773.023.30$965,425
Dec 202310,29328,23871.262.61$807,201
Nov 202311,37331,15677.892.81$973,315
Oct 202311,38938,17085.443.09$1,090,918
Sep 202312,34640,79789.042.74$1,210,869
Aug 202313,66039,90780.522.67$1,206,570
Jul 202311,44632,14074.852.64$941,641
Jun 202314,39334,13168.962.26$1,069,625
May 202311,73423,72070.622.23$881,489
Apr 202310,85424,44278.122.24$902,610
Mar 202314,24633,20172.852.39$1,117,276
Feb 20239,41823,65375.112.47$765,707
Jan 202310,95228,64876.533.39$935,208
Dec 202214,16442,35576.415.73$1,324,926
Nov 202216,95943,19285.005.65$1,685,386
Oct 202214,53935,79187.185.86$1,477,380
Sep 202214,61038,70084.888.16$1,556,031
Aug 202214,97535,50694.529.13$1,739,506
Jul 202215,37036,456101.587.54$1,836,239
Jun 202217,28130,319115.097.98$2,230,731
May 202217,21737,302109.378.43$2,197,593
Apr 202217,86743,007104.226.84$2,156,163
Mar 202221,08450,407108.885.08$2,551,512
Feb 202218,59042,48991.054.86$1,899,067
Jan 202217,48144,83481.844.54$1,634,087
Dec 202115,37638,63071.323.90$1,247,239
Nov 202116,35741,61277.435.24$1,484,438
Oct 202120,99153,11479.795.71$1,978,358
Sep 202126,19558,65369.865.35$2,143,830
Aug 202120,43540,64366.024.22$1,520,656
Jul 202130,42163,51270.783.98$2,406,108
Jun 202127,47449,19069.493.38$2,075,461
May 202131,34764,26963.483.02$2,183,850
Apr 202133,43066,03760.362.76$2,199,993
Mar 202136,53771,34261.302.72$2,433,550
Feb 202128,67839,93957.805.55$1,879,168
Jan 202133,52958,95250.412.81$1,855,868
Dec 202042,09675,80044.642.68$2,081,965
Nov 202055,09197,75338.772.71$2,400,453
Oct 202068,013102,93236.972.48$2,769,550
Sep 202049,57862,80537.091.99$1,963,895
Aug 202069,85686,83939.982.39$2,999,963
Jul 202036,96744,44138.371.83$1,499,534
Jun 202017,43521,65034.901.69$645,077
May 202010,89016,83916.921.81$214,817
Apr 20208771,46914.751.80$15,586
Mar 20204,1247,76530.341.86$139,536
Feb 202041,11658,55949.881.98$2,166,852
Jan 202037,04556,07657.252.09$2,238,291
Dec 201948,29561,13159.012.30$2,990,756
Nov 201955,86469,22355.302.75$3,279,691
Oct 201914,17217,60553.472.42$800,355

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                3,781 bbl  × $106.41 =   $402,336
Casinghead gas    22,289 Mcf  × $  3.05 =    $67,889

────────────────────────────────────────────────────
Month total                                 $470,225

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/54428 is the state's own key, not one this site invented.