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Texas oil lease

Producing

APEX 2324E

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

1 well

33,804bbl oil, last 12 months−47% vs prior year
RRC lease
08-61704

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
255,123 mcf
Oil in Jul 2026
2,707 bbl

Production by month

Oil output fell 47% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for APEX 2324E, Apr 2024 to Jul 2026. Oil output fell 47% over the last 12 months. 33,804 bbl in the 12 months through Jul 2026, against 63,454 bbl in the 12 months before.Last 12 months: 33,804 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for APEX 2324E, Apr 2024 to Jul 2026. Oil output fell 47% over the last 12 months. 33,804 bbl in the 12 months through Jul 2026, against 63,454 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJul 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 25.2% 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 2324E gas by disposition code each month, Apr 2024 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 25.2% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 25.2%Apr 24JulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of APEX 2324E gas by disposition code each month, Apr 2024 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 25.2% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 25.2%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 249,345 mcf

  • Flared (4)

    2.3% · 5,778 mcf

2.3% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on APEX 2324E
API numberWell no.Status
42-389-408452305HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Apr 5, 2024
Targa Delaware LLCCasinghead gasBuys100Apr 5, 2024
Targa Delaware LLCCasinghead gasGathers100Apr 5, 2024

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

1,280 acres on the newest permit

An allocation well is on this lease

Permits for Apex 2324E
API numberWell no.Acreson the permit
42-389-408452305H1,280

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

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

28 months, newest first

Ledger for APEX 2324E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,7072,67019,90014,8855,015$80.46$2.89
Jun 20262,5182,54321,19721,1961$84.81$3.15
May 20262,7012,72923,23223,2248$102.13$2.94
Apr 20262,7642,79424,80824,8080$100.32$2.77
Mar 20263,0373,16628,39028,3900$91.38$3.04
Feb 20263,3743,23927,44827,240208$64.51$3.62
Jan 20262,6182,52615,26215,073189$60.04$7.72
Dec 20251,6781,70611,58411,54341$57.97$4.26
Nov 20252,8652,88219,82819,77256$60.06$3.79
Oct 20253,1773,22121,17220,920252$60.89$3.19
Sep 20253,0052,99220,42520,4250$63.96$2.97
Aug 20253,3603,30421,87721,8698$64.86$2.91
Jul 20253,5063,53522,29722,27720$68.39$3.20
Jun 20253,4783,43522,02622,0260$68.17$3.02
May 20254,0184,07524,68724,6834$62.17$3.12
Apr 20253,9593,96826,03326,0330$63.54$3.42
Mar 20254,3454,30328,50828,5080$68.24$4.12
Feb 20254,1964,21926,10626,07630$71.53$4.19
Jan 20255,0064,98730,42230,244178$75.74$4.13
Dec 20245,5095,50533,33433,160174$70.12$3.01
Nov 20245,9565,96634,89634,8960$69.95$2.12
Oct 20246,1866,14332,11332,1130$71.99$2.20
Sep 20247,2027,21937,29237,2920$70.24$2.28
Aug 202410,09310,06647,95147,91635$76.68$1.99
Jul 20246,4436,49530,20130,100101$81.80$2.07
Jun 202413,42613,41250,11249,774338$79.77$2.54
May 202415,09915,09358,24558,20738$80.02$2.12
Apr 202411,33411,25041,10940,843266$85.35$1.60

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

Phantom (Wolfcamp) field

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