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Texas oil lease

Producing

PECAN STATE UNIT

Pecan State Unit is an oil lease in Pecos County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.

39 wells

1,334,838bbl oil, last 12 months−28% vs prior year
Operator
Continental Resources, Inc.
County
Pecos County
Field
Phantom (Wolfcamp)
RRC lease
08-47292

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
2,556,978 mcf
Oil in Jul 2026
112,220 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for PECAN STATE UNIT, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 1,334,838 bbl in the 12 months through Jul 2026, against 1,856,014 bbl in the 12 months before.Last 12 months: 1,334,838 bblbbl per monthmcf per month00100k100k200k200k300k300k400k400kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for PECAN STATE UNIT, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 1,334,838 bbl in the 12 months through Jul 2026, against 1,856,014 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100k100k200k200k300k300k400k400kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

Flaring peaked at 10.4% of the gas in Jun 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of PECAN STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 10.4% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 10.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of PECAN STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 10.4% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 10.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 2,383,068 mcf

  • Lease fuel (1)

    4.5% · 115,388 mcf

  • Flared (4)

    2.3% · 58,522 mcf

2.3% of the gas flared in the last 12 months. 8 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.

39 wells on this lease

Wells on PECAN STATE UNIT
API numberWell no.Status
42-371-376971 HShut-in
42-371-391471JShut-in
42-371-393571GHActive
42-371-393964301FHActive
42-371-394174102EHActive
42-371-394324511GHActive
42-371-394334311HActive
42-371-394544301JHActive
42-371-394554303JHActive
42-371-394564305JHActive
42-371-394883802FHActive
42-371-395954104FHActive
42-371-396184104EHActive
42-371-396364303EHActive
42-371-397824301CHActive
42-371-397844102CHActive
42-371-400764306CHActive
42-371-400774108CHActive
42-371-401894505JHActive
42-371-401904306VJActive
42-371-404300801BHActive
42-371-404320802BHActive
42-371-404330803BHActive
42-371-404340804BHActive
42-371-404350805BHActive
42-371-404360806BHActive
42-371-404370807BHActive
42-371-404380808BHActive
42-371-404390809BHActive
42-371-404410810BHActive
42-389-351674307DHActive
42-389-352164307AHActive
42-389-362084301AHActive
42-389-362094101AHActive
42-389-367714303BHActive
42-389-367784102BHActive
42-389-388494313AHActive
42-389-388504116AHActive
42-389-388954111AHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Apr 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100Oct 1, 2017–
Brazos Midstream Operating, LLCCasinghead gasGathers100Oct 1, 2017–
Eastex Crude CompanyOilGathers33Jan 1, 2022Apr 1, 2023
Shell Trading (Us) CompanyOilGathers33Jan 1, 2022Apr 1, 2023
Transoil Marketing, LLCOilGathers34Jan 1, 2022Apr 1, 2023
Eastex Crude CompanyOilGathers50Dec 4, 2015Jan 1, 2022
Shell Trading (Us) CompanyOilGathers50Dec 4, 2015Jan 1, 2022

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

Who buys my oilOil price check

8,422.94 acres on the newest permit

The wells on this lease state different acreage

The permits state between 560 and 8,422.94 acres.

42 wells are listed on this lease

Permits for Pecan State Unit
API numberWell no.Acreson the permit
42-371-394883802FH8,422.94
42-371-404300801BH8,422.94
42-371-404320802BH8,422.94
42-371-404330803BH8,422.94
42-371-404340804BH8,422.94
42-371-404350805BH8,422.94
42-371-404360806BH8,422.94
42-371-404370807BH8,422.94
42-371-404380808BH8,422.94
42-371-404390809BH8,422.94
42-371-404410810BH8,422.94
42-389-388954111AH8,422.94

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

Unit decimal checker

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 PECAN STATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Continental Resources,112,220114,209247,078233,4173,783$80.46$2.89
Jun 2026Continental Resources,100,54798,268194,796165,54220,271$84.81$3.15
May 2026Continental Resources,107,879108,512223,762210,0083,813$102.13$2.94
Apr 2026Continental Resources,111,972113,640222,883212,375650$100.32$2.77
Mar 2026Continental Resources,109,945109,740196,546183,4962,864$91.38$3.04
Feb 2026Continental Resources,92,85092,589164,766152,0173,533$64.51$3.62
Jan 2026Continental Resources,108,078105,707190,095177,8854,067$60.04$7.72
Dec 2025Continental Resources,112,264113,035210,813197,3973,526$57.97$4.26
Nov 2025Continental Resources,116,136115,885211,593196,0826,133$60.06$3.79
Oct 2025Continental Resources,123,087124,652239,598227,0942,109$60.89$3.19
Sep 2025Continental Resources,114,314114,680225,984212,3163,885$63.96$2.97
Aug 2025Continental Resources,125,546124,549229,064215,4393,888$64.86$2.91
Jul 2025Continental Resources,134,153135,170233,744221,1042,150$68.39$3.20
Jun 2025Continental Resources,129,894130,870207,163193,3303,852$68.17$3.02
May 2025Continental Resources,142,298140,546224,474212,1622,090$62.17$3.12
Apr 2025Continental Resources,135,816135,660211,353194,8675,799$63.54$3.42
Mar 2025Continental Resources,148,939147,665216,005196,8018,215$68.24$4.12
Feb 2025Continental Resources,121,625122,248173,083157,9565,760$71.53$4.19
Jan 2025Continental Resources,145,154143,660215,351198,9466,288$75.74$4.13
Dec 2024Continental Resources,157,933158,469249,952240,2562,266$70.12$3.01
Nov 2024Continental Resources,160,811159,974233,556223,8877,876$69.95$2.12
Oct 2024Continental Resources,178,738178,676244,403237,9304,610$71.99$2.20
Sep 2024Continental Resources,179,982180,071248,022244,4671,685$70.24$2.28
Aug 2024Continental Resources,220,671214,006309,442306,649852$76.68$1.99
Jul 2024Continental Resources,223,124229,177300,495296,9911,686$81.80$2.07
Jun 2024Continental Resources,246,862246,756280,148273,4865,001$79.77$2.54
May 2024Continental Resources,302,180302,748325,997320,7193,555$80.02$2.12
Apr 2024Continental Resources,236,779236,505246,105234,9909,297$85.35$1.60
Mar 2024Continental Resources,337,344338,487333,413327,2744,357$81.28$1.49
Feb 2024Continental Resources,86,49079,10689,82881,5416,661$77.25$1.72
Jan 2024Continental Resources,39,62745,80151,97648,8901,492$74.15$3.18
Dec 2023Continental Resources,61,98863,00382,75778,7672,214$71.90$2.52
Nov 2023Continental Resources,71,16463,97579,87977,344801$77.69$2.71
Oct 2023Continental Resources,65,56972,96394,46287,7514,902$85.64$2.98
Sep 2023Continental Resources,67,71967,99781,62776,0834,039$89.43$2.64
Aug 2023Continental Resources,71,16569,985109,076106,4731,158$81.39$2.58

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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This lease belongs to

OperatorContinental Resources, Inc.FieldPhantom (Wolfcamp)CountyPecos County

Continental Resources, Inc. in Pecos County

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Phantom (Wolfcamp) field

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