PECAN STATE UNIT

Operated by CONTINENTAL RESOURCES, INC. (P-5 173777) in the SANDBAR (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 55711District 08Field 80544500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$22.6 M
Dec 2019 – Dec 2024
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
61
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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
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 2015-08-25.

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: DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13

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
OilDisposition341,265 bbl$20,417,968
Casinghead gasProduction669,099 Mcf$2,197,272
Total$22,615,240

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 31.3020, -103.0360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.30198, -103.03603 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,046 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
1100.0%
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.
00.0%

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 10,046 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-371394883802FH10,046 ftDec 2019Yes

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 (61)

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

61 months

Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20243,6255,94079.932.15$302,497
Jun 20243,3865,03078.082.63$277,628
May 20242,9342,97978.812.20$237,778
Apr 20242,0681,70384.451.66$177,468
Mar 202467381480.301.55$55,300
Feb 202445520076.091.78$34,978
Jan 20241,3663,95073.023.30$112,771
Dec 20234,78219,40671.262.61$391,429
Nov 20235,00920,73477.892.81$448,363
Oct 20235,33217,14885.443.09$508,507
Sep 20235,62914,10989.042.74$539,795
Aug 20233,5284,61080.522.67$296,397
Jul 20234,60413,22574.852.64$379,547
Jun 20234,33214,17268.962.26$330,742
May 20235,37319,42970.622.23$422,717
Apr 20235,56317,41678.122.24$473,554
Mar 20236,45417,41972.852.39$511,860
Feb 20237,40613,56675.112.47$589,714
Jan 20236,7209,26776.533.39$545,676
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20226084.888.16$509
Aug 202234818594.529.13$34,581
Jul 20224,76714,634101.587.54$594,603
Jun 20224,54411,528115.097.98$614,930
May 20225,72013,265109.378.43$737,461
Apr 20223,4356,538104.226.84$402,700
Mar 20224,1509,333108.885.08$499,230
Feb 20225,24813,18391.054.86$541,884
Jan 20225,85013,14481.844.54$538,407
Dec 20216,15312,33571.323.90$486,928
Nov 20215,59618,26977.435.24$528,970
Oct 20215,66312,26179.795.71$521,909
Sep 20216,84216,00369.865.35$563,613
Aug 20217,85317,10966.024.22$590,665
Jul 20216,7479,04370.783.98$513,563
Jun 20215,9895,96969.493.38$436,355
May 20219145,16063.483.02$73,592
Apr 20216,93014,55360.362.76$458,438
Mar 20216,57416,09661.302.72$446,718
Feb 20216,69915,93057.805.55$475,581
Jan 20218,16117,90450.412.81$461,711
Dec 20208,44316,40944.642.68$420,797
Nov 20209,49319,62638.772.71$421,163
Oct 20208,76113,77836.972.48$358,042
Sep 202011,85324,22837.091.99$487,867
Aug 202014,88931,08839.982.39$669,410
Jul 202015,61124,23638.371.83$643,228
Jun 202011,59912,48334.901.69$425,905
May 2020180016.921.81$3,046
Apr 202013,36417,73614.751.80$229,121
Mar 202023,16927,64330.341.86$754,259
Feb 202017,65118,81349.881.98$917,694
Jan 202015,25315,52257.252.09$905,749
Dec 20193,5713,97859.012.30$219,891

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.

Jul 2024 — as filed, then multipliedworked
Oil                3,625 bbl  × $ 79.93 =   $289,746
Casinghead gas     5,940 Mcf  × $  2.15 =    $12,751

────────────────────────────────────────────────────
Month total                                 $302,497

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/55711 is the state's own key, not one this site invented.