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Texas oil lease

Producing

TREES RANCH 10J

Trees Ranch 10J is an oil lease in Pecos County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.

1 well

29,602bbl oil, last 12 months−18% vs prior year
Operator
Continental Resources, Inc.
County
Pecos County
Field
Phantom (Wolfcamp)
RRC lease
08-59048

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
132,145 mcf
Oil in Jul 2026
2,639 bbl

Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for TREES RANCH 10J, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 29,602 bbl in the 12 months through Jul 2026, against 36,253 bbl in the 12 months before.Last 12 months: 29,602 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for TREES RANCH 10J, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 29,602 bbl in the 12 months through Jul 2026, against 36,253 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 14.0% of the gas in Mar 2024.

  • Processing plant (3)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of TREES RANCH 10J gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 14.0% of the gas in Mar 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 14.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of TREES RANCH 10J gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 14.0% of the gas in Mar 2024.Share of gas by disposition code0%50%100%Flared 14.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 129,818 mcf

  • Flared (4)

    1.8% · 2,327 mcf

1.8% of the gas flared in the last 12 months. 9 months above 3%.

1 well on this lease

Wells on TREES RANCH 10J
API numberWell no.Status
42-371-4034610HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Oct 17, 2022
Brazos Midstream Operating, LLCCasinghead gasBuys100Oct 17, 2022
Brazos Midstream Operating, LLCCasinghead gasGathers100Oct 17, 2022

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

Who buys my oilOil price check

1,281.70 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Trees Ranch 10J
API numberWell no.Acreson the permit
42-371-4034610H1,281.70

SourceRailroad Commission drilling permits, Oct 3, 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 TREES RANCH 10J
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,6392,57917,82717,409418$80.46$2.89
Jun 20262,3862,45917,47416,1791,295$84.81$3.15
May 20264,2384,1688,0317,93992$102.13$2.94
Apr 20262,0322,0092,0762,05521$100.32$2.77
Mar 20261,0061,0423,6323,60824$91.38$3.04
Feb 20262,8982,9146,9436,88360$64.51$3.62
Jan 20262,9552,8884,5004,48317$60.04$7.72
Dec 20251,5931,6031,6551,6550$57.97$4.26
Nov 20258989367,0637,03825$60.06$3.79
Oct 20253,1033,11723,84223,723119$60.89$3.19
Sep 20252,6342,67017,10117,03170$63.96$2.97
Aug 20253,2203,17422,00121,815186$64.86$2.91
Jul 20253,5563,58218,80018,74654$68.39$3.20
Jun 20253,9723,97512,36412,33925$68.17$3.02
May 20253,9133,8084,7534,69954$62.17$3.12
Apr 2025072000$63.54$3.42
Mar 20253,4733,48813,10912,952157$68.24$4.12
Feb 20254,0564,0596,2545,959295$71.53$4.19
Jan 20253,8603,8495,0224,864158$75.74$4.13
Dec 20243,9033,9324,6094,6054$70.12$3.01
Nov 20243,9383,8903,9313,83299$69.95$2.12
Oct 20243,6263,5823,0112,91497$71.99$2.20
Sep 20248848877357341$70.24$2.28
Aug 20241,0721,1331,5371,51522$76.68$1.99
Jul 20245,2125,20810,18910,1845$81.80$2.07
Jun 20244,5664,5546,9926,94745$79.77$2.54
May 20245,4555,4719,1159,1150$80.02$2.12
Apr 20245,6585,6807,8807,743137$85.35$1.60
Mar 20246,9206,9139,0417,7741,267$81.28$1.49
Feb 20246,0276,0368,8147,6721,142$77.25$1.72
Jan 20246,6196,6249,2718,435836$74.15$3.18
Dec 20237,1647,13814,90414,9040$71.90$2.52
Nov 20237,3297,34314,91313,7001,213$77.69$2.71
Oct 20237,7597,77012,71012,605105$85.64$2.98
Sep 20238,3708,34916,60015,617983$89.43$2.64
Aug 20239,4539,48123,60422,980624$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

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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