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Texas oil lease

No report in 6+ months

LIGON RANCH 2

Ligon Ranch 2 is an oil lease in Reeves County, Texas, operated by Continental Resources, Inc. in the Hoefs T-K (Wolfcamp) field.

1 well

0bbl oil, last 12 months
RRC lease
08-51216

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil in Feb 2023
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    The one well on this lease is marked plugged.

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

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Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for LIGON RANCH 2, Mar 2020 to Feb 2023. No oil produced in the last 12 months. The last month with output was Mar 2021, at 535 bbl.Last 12 months: 0 bblbbl per monthmcf per month002002504005006007508001,000Apr 20JulOctJan 21AprJulOctJan 22AprJulOctJan 23
No oil produced in the last 12 monthsMonthly oil production and gas for LIGON RANCH 2, Mar 2020 to Feb 2023. No oil produced in the last 12 months. The last month with output was Mar 2021, at 535 bbl.Last 12 monthsbbl per monthmcf per month002002504005006007508001,000Jul 20Jan 21JulJan 22JulJan 23

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the 9 months reported

  • Processing plant (3)
  • Lease fuel (1)
Over 99% of the gas went to a processing plant in the 9 months reportedShare of LIGON RANCH 2 gas by disposition code each month, Mar 2020 to Feb 2023. Over 99% of the gas went to a processing plant in the 9 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Apr 20JulOctJan 21AprJulOctJan 22AprJulOctJan 23
Over 99% of the gas went to a processing plant in the 9 months reportedShare of LIGON RANCH 2 gas by disposition code each month, Mar 2020 to Feb 2023. Over 99% of the gas went to a processing plant in the 9 months reported.Share of gas by disposition code0%50%100%Jul 20Jan 21JulJan 22JulJan 23

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 1,188 mcf

  • Lease fuel (1)

    0.1% · 1 mcf

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 Feb 20232020202120222023Changed 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 Feb 20232020202120222023Changed 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.

1 well on this lease

Wells on LIGON RANCH 2
API numberWell no.Status
42-389-335105Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Jan 1, 2022–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2018–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2018–
Lion Oil Trading & Trans, LLCOilGathers100Nov 1, 2018Jan 1, 2022

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

368 acres on the newest permit

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Ligon Ranch 2
API numberWell no.Acreson the permit
42-389-335105368

SourceRailroad Commission drilling permits, Oct 3, 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

36 months, newest first

Ledger for LIGON RANCH 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Feb 2023Continental Resources,00000$76.83$2.38
Jan 2023Continental Resources,00000$78.12$3.27
Dec 2022Continental Resources,00000$76.44$5.53
Nov 2022Continental Resources,00000$84.37$5.45
Oct 2022Continental Resources,00000$87.55$5.66
Sep 2022Continental Resources,00000$84.26$7.88
Aug 2022Continental Resources,00000$93.67$8.81
Jul 2022Continental Resources,00000$101.62$7.28
Jun 2022Continental Resources,00000$114.84$7.70
May 2022Continental Resources,00000$109.55$8.14
Apr 2022Continental Resources,00000$101.78$6.60
Mar 2022Continental Resources,00000$108.50$4.90
Feb 2022Continental Resources,00000$91.64$4.69
Jan 2022Continental Resources,00000$83.22$4.38
Dec 2021Continental Resources,0474000$71.71$3.76
Nov 2021Pioneer Natural00000$79.15$5.05
Oct 2021Pioneer Natural00000$81.48$5.51
Sep 2021Pioneer Natural00000$71.65$5.16
Aug 2021Pioneer Natural00000$67.73$4.07
Jul 2021Pioneer Natural00000$72.49$3.84
Jun 2021Pioneer Natural00000$71.38$3.26
May 2021Pioneer Natural00000$65.17$2.91
Apr 2021Pioneer Natural0076760$61.72$2.66
Mar 2021Pioneer Natural535521000$62.33$2.62
Feb 2021Pioneer Natural2480000$59.04$5.35
Jan 2021Parsley Energy00000$52.00$2.71
Dec 2020Parsley Energy00660$47.02$2.58
Nov 2020Parsley Energy00000$40.94$2.61
Oct 2020Parsley Energy00770$39.40$2.39
Sep 2020Parsley Energy0010100$39.63$1.92
Aug 2020Parsley Energy00000$42.34$2.30
Jul 2020Parsley Energy4235233330$40.71$1.76
Jun 2020Parsley Energy19601251250$38.31$1.63
May 2020Parsley Energy109047470$28.56$1.75
Apr 2020Parsley Energy8070700$16.55$1.74
Mar 2020Parsley Energy2926698158140$29.21$1.79

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

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Continental Resources, Inc. in Reeves County

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