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Texas oil lease

Producing

STATE EILAND 1018B

State Eiland 1018B is an oil lease in Reeves County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.

1 well

87,846bbl oil, last 12 months−30% vs prior year
Operator
Continental Resources, Inc.
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-60497

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
114,595 mcf
Oil in Jul 2026
7,942 bbl

Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for STATE EILAND 1018B, Sep 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 87,846 bbl in the 12 months through Jul 2026, against 125,713 bbl in the 12 months before.Last 12 months: 87,846 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for STATE EILAND 1018B, Sep 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 87,846 bbl in the 12 months through Jul 2026, against 125,713 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20kJan 24JulJan 25JulJan 26Jul

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 last 12 months

Flaring peaked at 70.0% of the gas in Sep 2023.

  • Processing plant (3)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of STATE EILAND 1018B gas by disposition code each month, Sep 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 70.0% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 70.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of STATE EILAND 1018B gas by disposition code each month, Sep 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 70.0% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 70.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 114,061 mcf

  • Flared (4)

    0.5% · 534 mcf

0.5% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on STATE EILAND 1018B
API numberWell no.Status
42-389-402981106HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Sep 26, 2023
Targa Delaware LLCCasinghead gasBuys100Sep 26, 2023
Targa Delaware LLCCasinghead gasGathers100Sep 26, 2023

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

Who buys my oilOil price check

1,236.63 acres on the newest permit

An allocation well is on this lease

Permits for State Eiland 1018B
API numberWell no.Acreson the permit
42-389-402981106H1,236.63

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

35 months, newest first

Ledger for STATE EILAND 1018B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,9427,9348,7828,7820$80.46$2.89
Jun 20267,6407,52010,46110,336125$84.81$3.15
May 20267,9537,99110,23810,18850$102.13$2.94
Apr 20267,2357,24811,47011,4700$100.32$2.77
Mar 20268,0388,04710,37810,35226$91.38$3.04
Feb 20267,4167,4228,3118,29516$64.51$3.62
Jan 20269,1239,10611,33111,25081$60.04$7.72
Dec 20259,2309,15512,28512,21768$57.97$4.26
Nov 20256,1406,0917,6837,65132$60.06$3.79
Oct 20252,8362,8633,5153,43877$60.89$3.19
Sep 20256,8436,84710,04310,0349$63.96$2.97
Aug 20257,4507,43210,09810,04850$64.86$2.91
Jul 20257,8717,92010,62310,6230$68.39$3.20
Jun 20257,9808,00310,28710,24938$68.17$3.02
May 20259,3419,40611,24911,088161$62.17$3.12
Apr 20258,8348,77811,18410,877307$63.54$3.42
Mar 202510,70610,68711,52011,49327$68.24$4.12
Feb 20259,7789,9719,9429,9420$71.53$4.19
Jan 202511,33611,14811,75211,71042$75.74$4.13
Dec 202411,50311,46212,83912,8390$70.12$3.01
Nov 202411,59911,65712,87912,762117$69.95$2.12
Oct 202412,68813,08113,20913,034175$71.99$2.20
Sep 202410,97010,49512,18912,1890$70.24$2.28
Aug 202413,10713,13815,03015,0300$76.68$1.99
Jul 202410,41410,40910,97810,96018$81.80$2.07
Jun 202410,76010,77712,16812,14424$79.77$2.54
May 202411,73111,76012,44512,42817$80.02$2.12
Apr 202413,51713,43914,41614,40313$85.35$1.60
Mar 202414,05314,13914,63314,6330$81.28$1.49
Feb 202412,88812,87313,57513,5750$77.25$1.72
Jan 202414,85514,90015,13615,05185$74.15$3.18
Dec 202316,83516,79717,59417,5940$71.90$2.52
Nov 202313,74813,70313,22613,109117$77.69$2.71
Oct 202315,38115,43113,79513,118677$85.64$2.98
Sep 20231,9241,7801,014304710$89.43$2.64

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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Nearby

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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