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Texas oil lease

Producing

STATE EILAND 1118B

State Eiland 1118B is an oil lease in Reeves County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.

1 well

38,832bbl oil, last 12 months−28% vs prior year
Operator
Continental Resources, Inc.
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-60496

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
53,200 mcf
Oil in Jul 2026
2,314 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 STATE EILAND 1118B, Sep 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 38,832 bbl in the 12 months through Jul 2026, against 54,063 bbl in the 12 months before.Last 12 months: 38,832 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for STATE EILAND 1118B, Sep 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 38,832 bbl in the 12 months through Jul 2026, against 54,063 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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)
99% of the gas went to a processing plant in the last 12 monthsShare of STATE EILAND 1118B gas by disposition code each month, Sep 2023 to Jul 2026. 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
99% of the gas went to a processing plant in the last 12 monthsShare of STATE EILAND 1118B gas by disposition code each month, Sep 2023 to Jul 2026. 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)

    99% · 52,890 mcf

  • Flared (4)

    0.6% · 310 mcf

0.6% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on STATE EILAND 1118B
API numberWell no.Status
42-389-403001102HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Sep 25, 2023
Targa Delaware LLCCasinghead gasBuys100Sep 25, 2023
Targa Delaware LLCCasinghead gasGathers100Sep 25, 2023

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

Who buys my oilOil price check

1,153.37 acres on the newest permit

An allocation well is on this lease

Permits for State Eiland 1118B
API numberWell no.Acreson the permit
42-389-403001102H1,153.37

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 1118B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,3142,2912,8052,8050$80.46$2.89
Jun 20261,5801,5731,7591,73821$84.81$3.15
May 20262,7792,8013,0563,04115$102.13$2.94
Apr 20262,9132,9223,2163,2160$100.32$2.77
Mar 20263,3573,3693,4013,3929$91.38$3.04
Feb 20263,4553,4414,3614,3538$64.51$3.62
Jan 20263,4553,4434,8614,82833$60.04$7.72
Dec 20253,2123,2085,2805,25129$57.97$4.26
Nov 20253,4673,4835,5375,51423$60.06$3.79
Oct 20253,9843,9585,9305,800130$60.89$3.19
Sep 20254,0834,0835,6325,6275$63.96$2.97
Aug 20254,2334,2317,3627,32537$64.86$2.91
Jul 20255,4635,48211,60811,6080$68.39$3.20
Jun 20254,4644,4647,2037,17627$68.17$3.02
May 20254,3874,4046,9676,867100$62.17$3.12
Apr 20253,5243,5085,0444,905139$63.54$3.42
Mar 20254,7734,7698,5848,56420$68.24$4.12
Feb 20254,6614,7678,1018,1010$71.53$4.19
Jan 20255,9185,7879,6539,61736$75.74$4.13
Dec 20243,0973,0943,8313,8310$70.12$3.01
Nov 20244,2054,2285,7015,64952$69.95$2.12
Oct 20244,7414,8785,9165,83779$71.99$2.20
Sep 20243,9013,7335,2085,2080$70.24$2.28
Aug 20244,9294,9596,6256,6250$76.68$1.99
Jul 20245,8675,8667,5927,58012$81.80$2.07
Jun 20246,2176,2277,4477,43215$79.77$2.54
May 20246,8366,8267,4357,42510$80.02$2.12
Apr 20245,2865,2716,2476,2416$85.35$1.60
Mar 20249,0079,08410,57810,5780$81.28$1.49
Feb 202410,21510,21711,69711,6970$77.25$1.72
Jan 202413,29313,36814,26214,18280$74.15$3.18
Dec 202318,28718,25218,44918,4490$71.90$2.52
Nov 202315,65915,62315,35115,215136$77.69$2.71
Oct 202320,04619,98819,07218,131941$85.64$2.98
Sep 2023859795941282659$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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