APEX 2324B

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 61701District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.9 M
Mar 2024 – May 2026
Value, last 12 filed months
$4.2 M
at the published price for each month
Months reported
27
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
OilDisposition166,786 bbl$12,342,197
Casinghead gasProduction866,248 Mcf$2,593,845
Total$14,936,042

Wells on this lease (13)

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 32.3595, -101.1058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 130.1 miles, so treat it as the lease's centre and not as its location.

31.87975, -102.03427 · 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 13 wells
With a plug date
0.0%
0 of 13 wells
Median depth
1,612 ft
13 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.
13100.0%

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

Total depth in feet, 13 of 13 wells. Median 1,612 ft, with the middle half between 1,600 and 1,615 ft; the shallowest is 1,600 ft and the deepest 10,220 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 13 of 13 wells, Aug 1976 – Mar 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1976 – Mar 2024
13 of 13 wells

13 wells

42-389408422302H10,220 ftMar 2024
42-3353144781,615 ftJun 1979
42-33531445111,620 ftApr 1979
42-33531444121,627 ftMar 1979
42-33531446101,612 ftFeb 1979
42-3353137371,614 ftFeb 1979
42-3353137461,609 ftFeb 1979
42-3353144391,615 ftFeb 1979
42-3353125341,600 ftFeb 1978
42-3353122431,600 ftJan 1978
42-3353124751,600 ftJan 1978
42-3353083821,604 ftJun 1977
42-3353071911,600 ftAug 1976

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 (27)

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

27 months

May 20263,11924,557106.413.05$406,689
Apr 20263,17825,59198.932.87$387,839
Mar 20263,67427,07089.753.15$414,997
Feb 20263,04316,87463.503.75$256,513
Jan 20263,27218,91259.138.00$344,730
Dec 20253,41719,60456.664.41$280,127
Nov 20252,40016,58458.593.93$205,732
Oct 20253,88027,91359.383.30$322,642
Sep 20253,78829,41962.743.08$328,179
Aug 20254,18031,92563.933.01$363,474
Jul 20254,65035,28466.743.32$427,315
Jun 20254,83635,72966.483.13$433,283
May 20256,07729,95660.553.23$464,790
Apr 20251,7048,79162.363.54$137,409
Mar 20255,11830,98967.704.27$478,760
Feb 20254,73128,42070.884.34$458,700
Jan 20255,81333,71274.324.28$576,265
Dec 20246,44437,12668.993.12$560,456
Nov 20246,95238,12269.052.20$563,845
Oct 20247,99643,04871.372.28$668,884
Sep 20248,71745,47369.612.36$714,305
Aug 202411,26954,51275.632.06$964,767
Jul 20248,39034,99079.932.15$745,722
Jun 202412,66852,52078.082.63$1,127,454
May 202415,56354,85978.812.20$1,347,124
Apr 202421,76463,88684.451.66$1,943,969
Mar 202414338280.301.55$12,073

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                3,119 bbl  × $106.41 =   $331,893
Casinghead gas    24,557 Mcf  × $  3.05 =    $74,797

────────────────────────────────────────────────────
Month total                                 $406,689

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/61701 is the state's own key, not one this site invented.