Texas oil lease
No report in 6+ monthsLIGON 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
- Operator
- Continental Resources, Inc.
- County
- Reeves County
- Field
- Hoefs T-K (Wolfcamp)
- RRC lease
- 08-51216
Is your check right?
Where it sits
This 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.
See why checks stop on this leaseProduction by month
No oil produced in the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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)
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
- Continental Resources, Inc. Dec 2021 to now
- Pioneer Natural Res. USA, Inc. Feb 2021 to Nov 2021
- Parsley Energy Operations, LLC Jan 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-33510 | 5 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Transoil Marketing, LLC | Oil | Gathers | 100 | Jan 1, 2022 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Nov 1, 2018 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Nov 1, 2018 | – |
| Lion Oil Trading & Trans, LLC | Oil | Gathers | 100 | Nov 1, 2018 | Jan 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-33510 | 5 | Dec 4, 2018 | Mar 25, 2013 | 368 |
What Continental Resources, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.81 | $2.10 | – | SEC filing |
| Q1 2026 | $71.54 | $3.33 | – | SEC filing |
| Q3 2025 | $65.11 | $2.10 | – | SEC filing |
| Q2 2025 | $62.52 | $2.37 | – | SEC filing |
| Q1 2025 | $70.26 | $3.88 | – | SEC filing |
| Q3 2024 | $74.80 | $1.75 | – | SEC filing |
SourceContinental Resources, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Feb 2023Continental Resources, | 0 | 0 | 0 | 0 | 0 | $76.83 | $2.38 |
| Jan 2023Continental Resources, | 0 | 0 | 0 | 0 | 0 | $78.12 | $3.27 |
| Dec 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $76.44 | $5.53 |
| Nov 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $84.37 | $5.45 |
| Oct 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $87.55 | $5.66 |
| Sep 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $84.26 | $7.88 |
| Aug 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $93.67 | $8.81 |
| Jul 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $101.62 | $7.28 |
| Jun 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $114.84 | $7.70 |
| May 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $109.55 | $8.14 |
| Apr 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $101.78 | $6.60 |
| Mar 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $108.50 | $4.90 |
| Feb 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $91.64 | $4.69 |
| Jan 2022Continental Resources, | 0 | 0 | 0 | 0 | 0 | $83.22 | $4.38 |
| Dec 2021Continental Resources, | 0 | 474 | 0 | 0 | 0 | $71.71 | $3.76 |
| Nov 2021Pioneer Natural | 0 | 0 | 0 | 0 | 0 | $79.15 | $5.05 |
| Oct 2021Pioneer Natural | 0 | 0 | 0 | 0 | 0 | $81.48 | $5.51 |
| Sep 2021Pioneer Natural | 0 | 0 | 0 | 0 | 0 | $71.65 | $5.16 |
| Aug 2021Pioneer Natural | 0 | 0 | 0 | 0 | 0 | $67.73 | $4.07 |
| Jul 2021Pioneer Natural | 0 | 0 | 0 | 0 | 0 | $72.49 | $3.84 |
| Jun 2021Pioneer Natural | 0 | 0 | 0 | 0 | 0 | $71.38 | $3.26 |
| May 2021Pioneer Natural | 0 | 0 | 0 | 0 | 0 | $65.17 | $2.91 |
| Apr 2021Pioneer Natural | 0 | 0 | 76 | 76 | 0 | $61.72 | $2.66 |
| Mar 2021Pioneer Natural | 535 | 521 | 0 | 0 | 0 | $62.33 | $2.62 |
| Feb 2021Pioneer Natural | 248 | 0 | 0 | 0 | 0 | $59.04 | $5.35 |
| Jan 2021Parsley Energy | 0 | 0 | 0 | 0 | 0 | $52.00 | $2.71 |
| Dec 2020Parsley Energy | 0 | 0 | 6 | 6 | 0 | $47.02 | $2.58 |
| Nov 2020Parsley Energy | 0 | 0 | 0 | 0 | 0 | $40.94 | $2.61 |
| Oct 2020Parsley Energy | 0 | 0 | 7 | 7 | 0 | $39.40 | $2.39 |
| Sep 2020Parsley Energy | 0 | 0 | 10 | 10 | 0 | $39.63 | $1.92 |
| Aug 2020Parsley Energy | 0 | 0 | 0 | 0 | 0 | $42.34 | $2.30 |
| Jul 2020Parsley Energy | 42 | 352 | 33 | 33 | 0 | $40.71 | $1.76 |
| Jun 2020Parsley Energy | 196 | 0 | 125 | 125 | 0 | $38.31 | $1.63 |
| May 2020Parsley Energy | 109 | 0 | 47 | 47 | 0 | $28.56 | $1.75 |
| Apr 2020Parsley Energy | 8 | 0 | 70 | 70 | 0 | $16.55 | $1.74 |
| Mar 2020Parsley Energy | 292 | 669 | 815 | 814 | 0 | $29.21 | $1.79 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Continental Resources, Inc. in Reeves County
- STATE EILAND 1305A-33
28,520 bbl
- CILANTRO 2524-C3
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- WALKING O C3-28
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- LEGEAR
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- STATE RED SHINER
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- LIGON "22" STATE
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Hoefs T-K (Wolfcamp) field
- ZELDA-LINK UNIT 237-238E
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- STATE STEWART 1-12 UJ
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61 bbl
- CWEI-CHK STATE 1-52-8
33 bbl
- BIG VALLEY 6-20
27 bbl
- CWEI-CHK 7-51-8
20 bbl
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Drilling permits within 10 km
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