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Texas oil lease

Producing

LIGON 730

Ligon 730 is an oil lease in Reeves County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.

2 wells

10,374bbl oil, last 12 months−59% vs prior year
Operator
Continental Resources, Inc.
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-52629

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
117,550 mcf
Oil in Jul 2026
130 bbl

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 9% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 59% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for LIGON 730, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 10,374 bbl in the 12 months through Jul 2026, against 25,229 bbl in the 12 months before.Last 12 months: 10,374 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for LIGON 730, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 10,374 bbl in the 12 months through Jul 2026, against 25,229 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 60.3% of the gas in Apr 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of LIGON 730 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 60.3% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: fuel to plantFlared 60.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of LIGON 730 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 60.3% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Jul 26: fuel to plantFlared 60.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    58% · 67,870 mcf

  • Lease fuel (1)

    33% · 39,178 mcf

  • Flared (4)

    8.9% · 10,502 mcf

8.9% of the gas flared in the last 12 months. 11 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Dec 2021

Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Nov 2021; Continental Resources, Inc., Dec 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Dec 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to Nov 2021Continental Resources, Inc.Dec 2021 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Nov 2021; Continental Resources, Inc., Dec 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Dec 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to Nov 2021Continental Resources, Inc.Dec 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on LIGON 730
API numberWell no.Status
42-389-370044301HActive
42-389-370054303HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Oct 27, 2018
Energy Transfer CompanyCasinghead gasBuys100Oct 27, 2018
Energy Transfer CompanyCasinghead gasGathers100Oct 27, 2018

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

Who buys my oilOil price check

818.41 acres on the newest permit

Check your decimal on this lease
Permits for Ligon 730
API numberWell no.Acreson the permit
42-389-370054303H818.41
42-389-370044301H818.41

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

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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

36 months, newest first

Ledger for LIGON 730
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Continental Resources,1301706,8973,790183$80.46$2.89
Jun 2026Continental Resources,95683,8011,354161$84.81$3.15
May 2026Continental Resources,64824,4651,9080$102.13$2.94
Apr 2026Continental Resources,1461976,5704,0260$100.32$2.77
Mar 2026Continental Resources,2275257,4934,7440$91.38$3.04
Feb 2026Continental Resources,9378688,9756,223271$64.51$3.62
Jan 2026Continental Resources,6107209,8816,561615$60.04$7.72
Dec 2025Continental Resources,1,0971,46213,55411,3050$57.97$4.26
Nov 2025Continental Resources,1,5191,73611,9917,6950$60.06$3.79
Oct 2025Continental Resources,1,9401,57213,9138,302954$60.89$3.19
Sep 2025Continental Resources,1,5461,67714,2902,2797,328$63.96$2.97
Aug 2025Continental Resources,2,0631,88415,7209,683990$64.86$2.91
Jul 2025Continental Resources,2,1791,96015,4237,4583,329$68.39$3.20
Jun 2025Continental Resources,1,6221,80412,2027,573127$68.17$3.02
May 2025Continental Resources,2,1352,02814,9086,3253,953$62.17$3.12
Apr 2025Continental Resources,2,1702,07714,1181,8478,517$63.54$3.42
Mar 2025Continental Resources,1,7341,69610,9856,9500$68.24$4.12
Feb 2025Continental Resources,1,9952,08713,8439,8260$71.53$4.19
Jan 2025Continental Resources,2,3892,33413,6508,797178$75.74$4.13
Dec 2024Continental Resources,2,1022,00215,47411,2920$70.12$3.01
Nov 2024Continental Resources,1,5691,7026,3475,0120$69.95$2.12
Oct 2024Continental Resources,3,3333,22618,42216,9490$71.99$2.20
Sep 2024Continental Resources,1,6491,71913,16011,7460$70.24$2.28
Aug 2024Continental Resources,2,3522,2239,1187,5840$76.68$1.99
Jul 2024Continental Resources,1,8181,8485,6353,965298$81.80$2.07
Jun 2024Continental Resources,1,7701,8177,0616,1200$79.77$2.54
May 2024Continental Resources,2,5362,5189,5968,4200$80.02$2.12
Apr 2024Continental Resources,2,3342,5656,3645,5130$85.35$1.60
Mar 2024Continental Resources,2,7392,5905,9485,0240$81.28$1.49
Feb 2024Continental Resources,2,0902,0223,3872,72977$77.25$1.72
Jan 2024Continental Resources,2,0932,10011,57810,419130$74.15$3.18
Dec 2023Continental Resources,2,4452,40314,84713,4570$71.90$2.52
Nov 2023Continental Resources,1,8832,14312,46811,1360$77.69$2.71
Oct 2023Continental Resources,2,4922,48913,32812,0990$85.64$2.98
Sep 2023Continental Resources,3,0072,80913,5519,9072,610$89.43$2.64
Aug 2023Continental Resources,3,2713,27010,4239,5540$81.39$2.58

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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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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