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Royalty Clerk

Texas gas well · RRC district 08 · Lease 301514

Producing

PAPERSHELL STATE UNIT

Papershell State Unit is a gas well in Pecos County, Texas, operated by Continental Resources, Inc. in the Ruppel (Woodford) field. The Railroad Commission shows 1,301,544 mcf of gas in the 12 months through Jul 2026.

Gas well dossier

1,301,544mcf gas, last 12 months
Operator
Continental Resources, Inc.
County
Pecos County
Field
Ruppel (Woodford)
RRC lease
08-301514

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County · RRC district 08Open Pecos County →
Oil, last 12 months
155,989 bbl
Gas in Jul 2026
106,277 mcf
Reporting to the state
since Jun 2025
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this gas well produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Gas output rose 56% since Jun 2025

Monthly average of 125,624 mcf in the latest 3 months, against 80,607 mcf in the first 3.

  • Gas (bars, left axis)
  • Oil (line, right axis)
Gas output rose 56% since Jun 2025Monthly gas production and oil for PAPERSHELL STATE UNIT, Jun 2025 to Jul 2026. Gas output rose 56% since Jun 2025. Monthly average of 125,624 mcf in the latest 3 months, against 80,607 mcf in the first 3.mcf per monthbbl per month0050k10k100k20k150k30k200k40kJul 25OctJan 26AprJul
Gas output rose 56% since Jun 2025Monthly gas production and oil for PAPERSHELL STATE UNIT, Jun 2025 to Jul 2026. Gas output rose 56% since Jun 2025. Monthly average of 125,624 mcf in the latest 3 months, against 80,607 mcf in the first 3.mcf per monthbbl per month0050k10k100k20k150k30k200k40kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, gas well 301514, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

96% of the gas went to a processing plant in the last 12 months

Flaring peaked at 92.5% of the gas in Mar 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of PAPERSHELL STATE UNIT gas by disposition code each month, Jun 2025 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 92.5% of the gas in Mar 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 92.5%Jul 25OctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of PAPERSHELL STATE UNIT gas by disposition code each month, Jun 2025 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 92.5% of the gas in Mar 2026.Share of gas by disposition code0%50%100%Flared 92.5%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 301514, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 3.3% of the gas was flared. 7 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Continental Resources, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeContinental Resources, Inc., Jun 2025 to Jul 20262026Continental Resources, Inc.Jun 2025 to nowthrough Jul 2026
Operators of this lease over timeContinental Resources, Inc., Jun 2025 to Jul 20262026Continental Resources, Inc.Jun 2025 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

Wells on this lease

Every well the Railroad Commission links to gas well 301514 in district 08. The API number is the state’s ID for a well.

No wells are linked to this lease in our data

Older leases and some gas wells are filed without well records. Production is still reported at lease level, so the charts and ledger on this page are unaffected.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Condensate

    Gibson Energy Marketing, LLC gathers it.

    100% of it, on the list since Jun 1, 2025

  • Gas from gas wells

    Brazos Midstream Operating, LLC buys and gathers it.

    Brazos Midstream Operating, LLC buys it: 100% of it, on the list since Jun 1, 2025 · Brazos Midstream Operating, LLC gathers it: 100% of it, on the list since Jun 1, 2025

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

12,218.89 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Jun 1, 2025
Latest permit
Aug 22, 2024
Wells and acres on the permits for Papershell State Unit
API numberWell no.Acreson the permit
42-371-404723201H12,218.89

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Continental Resources, Inc. told investors it received

Continental Resources, Inc. is linked to Continental Resources, Inc. (CLR). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

Compare with the price on my stub

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says PAPERSHELL STATE UNIT sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

14 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for PAPERSHELL STATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Continental Resources,9,0888,524106,277103,5321,440$80.46$2.89
Jun 2026Continental Resources,10,42710,971117,982105,83810,883$84.81$3.15
May 2026Continental Resources,13,35313,005152,612146,6714,854$102.13$2.94
Apr 2026Continental Resources,15,93515,749159,263156,7291,883$100.32$2.77
Mar 2026Continental Resources,30201,78801,654$91.38$3.04
Feb 2026Continental Resources,008006667$64.51$3.62
Jan 2026Continental Resources,9,6139,76385,88583,5011,153$60.04$7.72
Dec 2025Continental Resources,14,93615,089125,307121,1143,806$57.97$4.26
Nov 2025Continental Resources,15,89915,973124,012120,4973,511$60.06$3.79
Oct 2025Continental Resources,18,86518,688136,307136,110197$60.89$3.19
Sep 2025Continental Resources,21,60021,743139,048138,0391,009$63.96$2.97
Aug 2025Continental Resources,25,97127,033152,263139,83912,424$64.86$2.91
Jul 2025Continental Resources,12,59211,71165,11561,4213,694$68.39$3.20
Jun 2025Continental Resources,4,2743,58824,44423,445999$68.17$3.02

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Upload your statements for PAPERSHELL STATE UNIT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Continental Resources, Inc.

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorContinental Resources, Inc.FieldRuppel (Woodford)CountyPecos County

Continental Resources, Inc. in Pecos County

All Continental Resources, Inc. leases →

Ruppel (Woodford) field

All leases in this field →

New drilling permits in Pecos County

We do not have coordinates for this lease, so these are the newest permits in its county.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, gas well 301514, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.