Texas oil lease
Shut inTREES L1
Trees L1 is an oil lease in Reeves County, Texas, operated by Continental Resources, Inc. in the Wolfbone (Trend Area) field.
1 well
- Operator
- Continental Resources, Inc.
- County
- Reeves County
- RRC lease
- 08-44282
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting since
- Jan 2020
Production by month
No production to chart
Where the gas went
No gas disposition reported for this lease
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 |
|---|---|---|
| 42-389-10488 | 2451 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Transoil Marketing, LLC | Oil | Gathers | 100 | Jan 1, 2022 | – |
| Lion Oil Trading & Trans, LLC | Oil | Gathers | 100 | Jul 1, 2020 | Jan 1, 2022 |
| Targa Midland LLC | Casinghead gas | Gathers | 100 | Nov 1, 2017 | Jul 1, 2020 |
| Targa Midland LLC | Casinghead gas | Buys | 100 | Nov 1, 2017 | Jul 1, 2020 |
| 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 | $1.75 | – | SEC filing |
SourceContinental Resources, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Continental Resources, | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Continental Resources, | 0 | 0 | $84.81 | $3.15 |
| May 2026Continental Resources, | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Continental Resources, | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Continental Resources, | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Continental Resources, | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Continental Resources, | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Continental Resources, | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Continental Resources, | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Continental Resources, | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Continental Resources, | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Continental Resources, | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Continental Resources, | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Continental Resources, | 0 | 0 | $68.17 | $3.02 |
| May 2025Continental Resources, | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Continental Resources, | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Continental Resources, | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Continental Resources, | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Continental Resources, | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Continental Resources, | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Continental Resources, | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Continental Resources, | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Continental Resources, | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Continental Resources, | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Continental Resources, | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Continental Resources, | 0 | 0 | $79.77 | $2.54 |
| May 2024Continental Resources, | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Continental Resources, | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Continental Resources, | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Continental Resources, | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Continental Resources, | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Continental Resources, | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Continental Resources, | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Continental Resources, | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Continental Resources, | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Continental Resources, | 0 | 0 | $81.39 | $2.58 |
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
- 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
- STATE RED SHINER
6,024 bbl
- LIGON "22" STATE
13,630 mcf
Wolfbone (Trend Area) field
- BUSHBUCK 12
40 bbl
- KING FISHER 23
36 bbl
- UL 23 MERCURY
31 bbl
- BEAUCHAMP
798 mcf
- ENDEAVOUR
32 bbl
- UL 23 CURIOSITY
31 bbl
- BONEBRAKE 1
201 mcf
- REGAN TRUST 6
7 bbl
- COMPTON
7 bbl
- BIG LUB
62 mcf
Leases within 10 km
- PECAN STATE UNIT
1,334,838 bbl · 0.6 km
- FIDELITY TRUST CO., ET AL
0 bbl · 1.9 km
- CHUPACABRA 1213-7
101,065 bbl · 2.1 km
- CORIANDER 2524-C3
131,716 bbl · 2.3 km
- STATE EILAND 1213C
204,795 bbl · 2.4 km
- STATE EILAND 1213B
203,026 bbl · 2.4 km
- HIDEAWAY
110,997 bbl · 2.4 km
- STATE EILAND 1213A
226,155 bbl · 2.4 km
- COLLIER
213,077 bbl · 2.4 km
- TREES "20"
29,337 mcf · 2.4 km
Drilling permits within 10 km
CHERRY STATE UNIT 3228D #09H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 8.4 km
Permit 0917306 · Jul 30, 2026
CHERRY STATE UNIT 3228C #08H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 8.1 km
Permit 0917305 · Jul 30, 2026
CHERRY STATE UNIT 3228F #11H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 8.4 km
Permit 0917308 · Jul 30, 2026
CHERRY STATE UNIT 3228E #10H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 8.4 km
Permit 0917307 · Jul 30, 2026
CHERRY STATE UNIT 3228B #07H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 8.1 km
Permit 0917304 · Jul 30, 2026