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Texas oil lease

Producing

APEX 2324A

Apex 2324A is an oil lease in Reeves County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.

1 well

48,836bbl oil, last 12 months−42% vs prior year
Operator
Continental Resources, Inc.
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-61696

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
317,424 mcf
Oil in Jul 2026
2,617 bbl

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for APEX 2324A, Mar 2024 to Jul 2026. Oil output fell 42% over the last 12 months. 48,836 bbl in the 12 months through Jul 2026, against 84,929 bbl in the 12 months before.Last 12 months: 48,836 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for APEX 2324A, Mar 2024 to Jul 2026. Oil output fell 42% over the last 12 months. 48,836 bbl in the 12 months through Jul 2026, against 84,929 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 25.3% of the gas in Jul 2026.

  • Processing plant (3)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of APEX 2324A gas by disposition code each month, Mar 2024 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 25.3% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 25.3%Apr 24JulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of APEX 2324A gas by disposition code each month, Mar 2024 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 25.3% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 25.3%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 310,701 mcf

  • Flared (4)

    2.1% · 6,723 mcf

2.1% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on APEX 2324A
API numberWell no.Status
42-389-408412301HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Mar 28, 2024
Targa Delaware LLCCasinghead gasBuys100Mar 28, 2024
Targa Delaware LLCCasinghead gasGathers100Mar 28, 2024

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

1,280 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Apex 2324A
API numberWell no.Acreson the permit
42-389-408412301H1,280

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What Continental Resources, Inc. told investors it received

Continental Resources, Inc. is linked to Continental Resources, Inc. (CLR).
Realized prices reported by Continental Resources, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.81SEC filing
Q1 2026$71.54SEC filing
Q3 2025$65.11SEC filing
Q2 2025$62.52SEC filing
Q1 2025$70.26SEC filing
Q3 2024$74.80SEC filing

SourceContinental Resources, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

29 months, newest first

Ledger for APEX 2324A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,6172,63123,01117,1855,826$80.46$2.89
Jun 20264,0044,04829,84329,8421$84.81$3.15
May 20264,4024,44533,49033,47812$102.13$2.94
Apr 20264,4374,48132,69832,6980$100.32$2.77
Mar 20264,8044,89831,47931,4790$91.38$3.04
Feb 20264,0663,80122,11821,952166$64.51$3.62
Jan 20261,4551,55110,72510,591134$60.04$7.72
Dec 20254,7254,69631,62531,510115$57.97$4.26
Nov 20254,7484,81527,96427,87193$60.06$3.79
Oct 20256,3936,25430,81630,453363$60.89$3.19
Sep 20251,6021,7548,4008,4000$63.96$2.97
Aug 20255,5835,49735,25535,24213$64.86$2.91
Jul 20256,0786,13045,59145,54942$68.39$3.20
Jun 20256,1216,02541,03141,0310$68.17$3.02
May 20255,8755,86931,29431,2886$62.17$3.12
Apr 20253,0383,15416,44816,4480$63.54$3.42
Mar 20256,7776,70835,82435,8240$68.24$4.12
Feb 20256,4106,38331,73631,70036$71.53$4.19
Jan 20255,0225,03322,03921,894145$75.74$4.13
Dec 20247,1917,18735,01634,833183$70.12$3.01
Nov 20247,8277,85640,63040,6300$69.95$2.12
Oct 20249,1029,03347,64147,6410$71.99$2.20
Sep 20249,8079,81349,68749,6861$70.24$2.28
Aug 202411,68111,69655,64155,60041$76.68$1.99
Jul 202413,08413,09154,96354,766197$81.80$2.07
Jun 202414,54314,53960,75260,342410$79.77$2.54
May 202418,16918,23665,96865,92543$80.02$2.12
Apr 202424,27824,10278,80778,298509$85.35$1.60
Mar 20241,5009404,7224,7220$81.28$1.49

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorContinental Resources, Inc.FieldPhantom (Wolfcamp)CountyReeves County

Continental Resources, Inc. in Reeves County

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Phantom (Wolfcamp) field

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