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Texas oil lease

Producing

APEX 2324B

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

1 well

39,976bbl oil, last 12 months−46% vs prior year
Operator
Continental Resources, Inc.
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-61701

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
282,594 mcf
Oil in Jul 2026
3,185 bbl

Production by month

Oil output fell 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for APEX 2324B, Mar 2024 to Jul 2026. Oil output fell 46% over the last 12 months. 39,976 bbl in the 12 months through Jul 2026, against 74,351 bbl in the 12 months before.Last 12 months: 39,976 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for APEX 2324B, Mar 2024 to Jul 2026. Oil output fell 46% over the last 12 months. 39,976 bbl in the 12 months through Jul 2026, against 74,351 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 25.1% 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 2324B 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 25.1% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 25.1%Apr 24JulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of APEX 2324B 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 25.1% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 25.1%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 276,383 mcf

  • Flared (4)

    2.2% · 6,211 mcf

2.2% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on APEX 2324B
API numberWell no.Status
42-389-408422302HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Mar 3, 2024
Targa Delaware LLCCasinghead gasBuys100Mar 3, 2024
Targa Delaware LLCCasinghead gasGathers100Mar 3, 2024

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

Who buys my oilOil price check

1,280 acres on the newest permit

An allocation well is on this lease

Permits for Apex 2324B
API numberWell no.Acreson the permit
42-389-408422302H1,280

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 2324B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,1853,13721,35515,9885,367$80.46$2.89
Jun 20262,8322,86222,79022,7891$84.81$3.15
May 20263,0883,11924,55724,5489$102.13$2.94
Apr 20263,1363,17825,59125,5910$100.32$2.77
Mar 20263,5983,67427,07027,0700$91.38$3.04
Feb 20263,1123,04316,87416,748126$64.51$3.62
Jan 20263,3383,27218,91218,678234$60.04$7.72
Dec 20253,4753,41719,60419,52084$57.97$4.26
Nov 20252,3442,40016,58416,53846$60.06$3.79
Oct 20253,8163,88027,91327,579334$60.89$3.19
Sep 20253,8063,78829,41929,4190$63.96$2.97
Aug 20254,2464,18031,92531,91510$64.86$2.91
Jul 20254,6024,65035,28435,25232$68.39$3.20
Jun 20254,8884,83635,72935,7290$68.17$3.02
May 20256,1346,07729,95629,9497$62.17$3.12
Apr 20251,5921,7048,7918,7910$63.54$3.42
Mar 20255,1745,11830,98930,9890$68.24$4.12
Feb 20254,7014,73128,42028,38733$71.53$4.19
Jan 20255,8345,81333,71233,512200$75.74$4.13
Dec 20246,4506,44437,12636,932194$70.12$3.01
Nov 20246,9256,95238,12238,1220$69.95$2.12
Oct 20248,0587,99643,04843,0480$71.99$2.20
Sep 20248,7048,71745,47345,4730$70.24$2.28
Aug 202411,28911,26954,51254,47339$76.68$1.99
Jul 20248,3608,39034,99034,864126$81.80$2.07
Jun 202412,67312,66852,52052,165355$79.77$2.54
May 202415,49415,56354,85954,82435$80.02$2.12
Apr 202421,92621,76463,88663,475411$85.35$1.60
Mar 20242291433823820$81.28$1.49

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 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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