Texas oil lease
ProducingTREES RANCH 10K
Trees Ranch 10K is an oil lease in Pecos County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.
1 well
- Operator
- Continental Resources, Inc.
- County
- Pecos County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-59049
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 120,445 mcf
- Oil in Jul 2026
- 2,932 bbl
Production by month
Oil output fell 33% 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
96% of the gas went to a processing plant in the last 12 months
Flaring peaked at 46.1% of the gas in Nov 2023.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
96% · 115,552 mcf
Flared (4)
4.1% · 4,893 mcf
4.1% of the gas flared in the last 12 months. 18 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-371-40347 | 11H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Oct 17, 2022 |
| Brazos Midstream Operating, LLC | Casinghead gas | Buys | 100 | Oct 17, 2022 |
| Brazos Midstream Operating, LLC | Casinghead gas | Gathers | 100 | Oct 17, 2022 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-371-40347 | 11H | Oct 15, 2021 | Oct 17, 2022 | 1,281.70 |
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 2026 | 2,932 | 2,850 | 9,297 | 8,497 | 800 | $80.46 | $2.89 |
| Jun 2026 | 2,013 | 2,030 | 5,990 | 4,211 | 1,779 | $84.81 | $3.15 |
| May 2026 | 2,136 | 2,141 | 7,188 | 6,764 | 424 | $102.13 | $2.94 |
| Apr 2026 | 2,370 | 2,396 | 8,252 | 7,897 | 355 | $100.32 | $2.77 |
| Mar 2026 | 2,538 | 2,505 | 10,373 | 10,113 | 260 | $91.38 | $3.04 |
| Feb 2026 | 2,507 | 2,515 | 10,390 | 10,073 | 317 | $64.51 | $3.62 |
| Jan 2026 | 2,363 | 2,331 | 9,100 | 8,986 | 114 | $60.04 | $7.72 |
| Dec 2025 | 2,694 | 2,762 | 11,874 | 11,868 | 6 | $57.97 | $4.26 |
| Nov 2025 | 2,919 | 2,883 | 12,603 | 12,456 | 147 | $60.06 | $3.79 |
| Oct 2025 | 3,142 | 3,171 | 12,840 | 12,624 | 216 | $60.89 | $3.19 |
| Sep 2025 | 3,138 | 3,167 | 11,837 | 11,674 | 163 | $63.96 | $2.97 |
| Aug 2025 | 3,459 | 3,401 | 10,701 | 10,389 | 312 | $64.86 | $2.91 |
| Jul 2025 | 3,406 | 3,423 | 10,666 | 10,561 | 105 | $68.39 | $3.20 |
| Jun 2025 | 3,481 | 3,491 | 9,118 | 9,035 | 83 | $68.17 | $3.02 |
| May 2025 | 3,716 | 3,712 | 9,194 | 8,733 | 461 | $62.17 | $3.12 |
| Apr 2025 | 3,599 | 3,578 | 10,774 | 10,389 | 385 | $63.54 | $3.42 |
| Mar 2025 | 3,601 | 3,612 | 13,793 | 13,396 | 397 | $68.24 | $4.12 |
| Feb 2025 | 4,000 | 4,006 | 15,296 | 13,762 | 1,534 | $71.53 | $4.19 |
| Jan 2025 | 3,931 | 3,922 | 12,591 | 11,566 | 1,025 | $75.74 | $4.13 |
| Dec 2024 | 4,079 | 4,103 | 13,565 | 13,532 | 33 | $70.12 | $3.01 |
| Nov 2024 | 3,894 | 3,865 | 13,199 | 12,661 | 538 | $69.95 | $2.12 |
| Oct 2024 | 4,714 | 4,718 | 13,644 | 12,483 | 1,161 | $71.99 | $2.20 |
| Sep 2024 | 4,471 | 4,479 | 11,374 | 11,311 | 63 | $70.24 | $2.28 |
| Aug 2024 | 5,095 | 5,082 | 12,002 | 11,530 | 472 | $76.68 | $1.99 |
| Jul 2024 | 5,002 | 4,996 | 8,118 | 8,103 | 15 | $81.80 | $2.07 |
| Jun 2024 | 4,277 | 4,260 | 6,333 | 6,191 | 142 | $79.77 | $2.54 |
| May 2024 | 4,629 | 4,633 | 4,409 | 4,409 | 0 | $80.02 | $2.12 |
| Apr 2024 | 4,073 | 4,080 | 4,835 | 4,493 | 342 | $85.35 | $1.60 |
| Mar 2024 | 4,396 | 4,393 | 5,279 | 2,983 | 2,296 | $81.28 | $1.49 |
| Feb 2024 | 3,896 | 3,888 | 4,594 | 2,700 | 1,894 | $77.25 | $1.72 |
| Jan 2024 | 3,430 | 3,425 | 3,988 | 2,700 | 1,288 | $74.15 | $3.18 |
| Dec 2023 | 3,237 | 3,206 | 2,139 | 2,139 | 0 | $71.90 | $2.52 |
| Nov 2023 | 1,620 | 1,629 | 1,241 | 669 | 572 | $77.69 | $2.71 |
| Oct 2023 | 2,115 | 2,183 | 5,585 | 5,538 | 47 | $85.64 | $2.98 |
| Sep 2023 | 7,361 | 7,347 | 19,561 | 18,395 | 1,166 | $89.43 | $2.64 |
| Aug 2023 | 8,885 | 8,908 | 22,387 | 21,795 | 592 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Continental Resources, Inc. in Pecos County
- TREES STATE 52-53-D
36,453 bbl
- STATE WHISKEY RIVER 21-8
34,110 bbl
- TREES RANCH 36-37-A
37,732 bbl
- TREES RANCH 10N
34,507 bbl
- TREES RANCH 10H
34,504 bbl
- TREES RANCH 10J
29,602 bbl
- TREES RANCH 11A
31,873 bbl
- TREES STATE 52-53-F
32,389 bbl
- TREES RANCH 11D
28,901 bbl
- TREES STATE 52-53-E
32,047 bbl
Phantom (Wolfcamp) field
- KATE 33-40
185,795 mcf
- SNOWSHOE STATE 57-10 WEST UNIT
176,370 mcf
- ALAMEDA STATE UNIT 54-8-1
210,941 mcf
- EMMALINE 848586-F
33,971 bbl
- HALEY 38-47-29C
35,282 bbl
- HUGHES TALBOT 22-15 EAST UNIT
34,038 bbl
- LINK VJ RANCH 26-23 E
135,574 mcf
- LINK-VJ RANCH 55-2-28 LOV NA
116,855 mcf
- DARCY STATE UNIT 22-25
482,775 mcf
- SEVENGILLS 55-2-11 LOV
32,242 bbl
Leases within 10 km
- TREES RANCH 10N
34,507 bbl · 0 km
- TREES RANCH 10L
20,167 bbl · 0 km
- TREES RANCH 10M
27,320 bbl · 0 km
- TREES RANCH 10I
61,906 bbl · 0.2 km
- TREES RANCH 10J
29,602 bbl · 0.2 km
- TREES RANCH 10H
34,504 bbl · 0.2 km
- PAPERSHELL STATE UNIT
1,843,799 mcf · 0.3 km
- PECAN STATE UNIT
1,334,838 bbl · 0.6 km
- TREES RANCH 11D
28,901 bbl · 0.9 km
- TREES RANCH 11C
26,308 bbl · 0.9 km
Drilling permits within 10 km
CHERRY STATE UNIT 3228D #09H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 4.2 km
Permit 0917306 · Jul 30, 2026
CHERRY STATE UNIT 3228C #08H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 3.9 km
Permit 0917305 · Jul 30, 2026
CHERRY STATE UNIT 3228F #11H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 4.2 km
Permit 0917308 · Jul 30, 2026
CHERRY STATE UNIT 3228E #10H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 4.2 km
Permit 0917307 · Jul 30, 2026
CHERRY STATE UNIT 3228B #07H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 3.9 km
Permit 0917304 · Jul 30, 2026