Texas oil lease
ProducingSTATE RED SHINER
State Red Shiner is an oil lease in Reeves County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.
1 well
- Operator
- Continental Resources, Inc.
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-45765
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 2,544 mcf
- Oil in Jul 2026
- 1,047 bbl
Production by month
Oil output fell 9% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
74% of the gas went to flaring in the last 12 months
Flaring peaked at 97.7% of the gas in Aug 2023.
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Flared (4)
74% · 1,947 mcf
Lease fuel (1)
26% · 684 mcf
74.0% of the gas flared in the last 12 months. 15 months above 3%.
Who has run this lease
The operator changed 3 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 Feb 2020 to Jan 2021
- Jagged Peak Energy LLC Jan 2020 to Jan 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-33892 | 801H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 100 | Oct 1, 2025 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Apr 1, 2023 | – |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Apr 1, 2023 | – |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Apr 1, 2023 | Oct 1, 2025 |
| Targa Midland LLC | Casinghead gas | Gathers | 100 | Nov 1, 2017 | Apr 1, 2023 |
| Targa Midland LLC | Casinghead gas | Buys | 100 | Nov 1, 2017 | Apr 1, 2023 |
| Transoil Marketing, LLC | Oil | Gathers | 100 | Jan 1, 2022 | Apr 1, 2023 |
| Lion Oil Trading & Trans, LLC | Oil | Gathers | 100 | Jul 1, 2020 | Jan 1, 2022 |
| Eastex Crude Company | Oil | Gathers | 100 | Nov 1, 2017 | Jul 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 |
|---|---|---|---|---|---|---|---|
| Jul 2026Continental Resources, | 1,047 | 891 | 706 | 0 | 619 | $80.46 | $2.89 |
| Jun 2026Continental Resources, | 681 | 884 | 162 | 0 | 100 | $84.81 | $3.15 |
| May 2026Continental Resources, | 630 | 528 | 62 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Continental Resources, | 408 | 357 | 64 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Continental Resources, | 109 | 360 | 11 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Continental Resources, | 907 | 906 | 188 | 0 | 110 | $64.51 | $3.62 |
| Jan 2026Continental Resources, | 778 | 539 | 314 | 0 | 231 | $60.04 | $7.72 |
| Dec 2025Continental Resources, | 70 | 0 | 36 | 0 | 11 | $57.97 | $4.26 |
| Nov 2025Continental Resources, | 0 | 0 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Continental Resources, | 669 | 893 | 525 | 0 | 444 | $60.89 | $3.19 |
| Sep 2025Continental Resources, | 485 | 543 | 107 | 0 | 58 | $63.96 | $2.97 |
| Aug 2025Continental Resources, | 240 | 182 | 369 | 0 | 321 | $64.86 | $2.91 |
| Jul 2025Continental Resources, | 166 | 0 | 87 | 0 | 53 | $68.39 | $3.20 |
| Jun 2025Continental Resources, | 0 | 0 | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025Continental Resources, | 692 | 1,290 | 1,597 | 0 | 1,552 | $62.17 | $3.12 |
| Apr 2025Continental Resources, | 1,007 | 728 | 1,390 | 0 | 1,309 | $63.54 | $3.42 |
| Mar 2025Continental Resources, | 985 | 1,108 | 923 | 0 | 892 | $68.24 | $4.12 |
| Feb 2025Continental Resources, | 353 | 185 | 325 | 0 | 313 | $71.53 | $4.19 |
| Jan 2025Continental Resources, | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Continental Resources, | 662 | 701 | 4 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Continental Resources, | 0 | 0 | 0 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Continental Resources, | 1,188 | 1,111 | 3 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Continental Resources, | 1,125 | 1,459 | 3 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Continental Resources, | 459 | 182 | 2 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Continental Resources, | 0 | 0 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Continental Resources, | 702 | 731 | 1 | 0 | 0 | $79.77 | $2.54 |
| May 2024Continental Resources, | 828 | 741 | 8 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Continental Resources, | 550 | 548 | 3 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Continental Resources, | 0 | 0 | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Continental Resources, | 276 | 747 | 2 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Continental Resources, | 140 | 0 | 0 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Continental Resources, | 716 | 368 | 7 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Continental Resources, | 558 | 909 | 0 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Continental Resources, | 164 | 0 | 0 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Continental Resources, | 74 | 185 | 92 | 0 | 89 | $89.43 | $2.64 |
| Aug 2023Continental Resources, | 664 | 516 | 940 | 0 | 918 | $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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Nearby
This lease belongs to
Continental Resources, Inc. in Reeves County
- TREES RANCH 14
28,612 bbl
- STATE EILAND 1305A-33
28,520 bbl
- CILANTRO 2524-C3
21,879 bbl
- WALKING O C3-28
15,889 bbl
- LEGEAR
17,557 bbl
- STATE EILAND 1305B-33
17,341 bbl
- LIGON 730
10,374 bbl
- LIGON '730-19'
8,547 bbl
- LIGON 730-19
7,900 bbl
- LIGON "22" STATE
13,630 mcf
Phantom (Wolfcamp) field
- ROCKET 8
17,208 mcf
- CARPENTER STATE A
5,370 bbl
- EAST CAPOTE
34,757 mcf
- CBR 22
62,382 mcf
- RED BLUFF 13
34,707 mcf
- LINDSAY 10-3C
48,784 mcf
- HIGHLANDER EAST DEEP
77,721 mcf
- HIGHLANDER C
4,387 bbl
- SILVER DOLLAR 31-27
5,767 bbl
- PISTOL 25-7
5,917 bbl
Leases within 10 km
- WALKING O C3-28
15,889 bbl · 0.8 km
- WHISKEY RIVER 0927A-7
53,504 bbl · 1 km
- EILAND 8-33
83,526 bbl · 1.1 km
- WHISKEY RIVER 0927B-7
53,621 bbl · 1.2 km
- LIGON STATE UNIT 7-22
0 bbl · 1.4 km
- LIGON STATE UNIT 7-22
29,639 bbl · 1.4 km
- APEX 2324E
33,804 bbl · 1.9 km
- APEX 2324C
39,110 bbl · 1.9 km
- APEX 2324D
31,798 bbl · 1.9 km
- APEX 2324B
39,976 bbl · 2 km
Drilling permits within 10 km
ESPRESSO 0805A #01H
new drill · horizontal · Continental Resources, Inc. · Reeves County · 9.9 km
Permit 0918717 · Sep 21, 2026
MEERKAT STATE UNIT 17W21 #21H
new drill · horizontal · VTX Energy Operating, LLC · Reeves County · 9 km
Permit 0914847 · Apr 17, 2026
MEERKAT STATE UNIT 17W11 #11H
new drill · horizontal · VTX Energy Operating, LLC · Reeves County · 9 km
Permit 0914837 · Apr 17, 2026
STRAIN, C. H. #23
new drill · Jetta Operating Company, Inc. · Reeves County · 3.4 km
Permit 0914655 · Apr 10, 2026
MEERKAT STATE UNIT 17W22 #22H
new drill · horizontal · VTX Energy Operating, LLC · Reeves County · 9.5 km
Permit 0914686 · Apr 10, 2026