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Texas oil lease

Producing

TREES RANCH 10L

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

1 well

20,167bbl oil, last 12 months−27% vs prior year
Operator
Continental Resources, Inc.
County
Pecos County
Field
Phantom (Wolfcamp)
RRC lease
08-59057

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
86,238 mcf
Oil in Jul 2026
1,718 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for TREES RANCH 10L, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 20,167 bbl in the 12 months through Jul 2026, against 27,659 bbl in the 12 months before.Last 12 months: 20,167 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for TREES RANCH 10L, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 20,167 bbl in the 12 months through Jul 2026, against 27,659 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 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 14.0% of the gas in Mar 2024.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of TREES RANCH 10L gas by disposition code each month, Aug 2023 to Jul 2026. 99% 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
99% of the gas went to a processing plant in the last 12 monthsShare of TREES RANCH 10L gas by disposition code each month, Aug 2023 to Jul 2026. 99% 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)

    99% · 85,225 mcf

  • Flared (4)

    1.2% · 1,013 mcf

1.2% of the gas flared in the last 12 months. 9 months above 3%.

1 well on this lease

Wells on TREES RANCH 10L
API numberWell no.Status
42-371-4034812HActive

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 10L
API numberWell no.Acreson the permit
42-371-4034812H1,281.70

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 10L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,7181,6746,3146,167147$80.46$2.89
Jun 20261,3601,3795,8895,455434$84.81$3.15
May 20261,7101,7059,5129,401111$102.13$2.94
Apr 20261,5951,6037,9937,91281$100.32$2.77
Mar 20261,4651,4507,0977,05146$91.38$3.04
Feb 20261,5891,6057,5127,44765$64.51$3.62
Jan 20261,8401,8138,8538,82231$60.04$7.72
Dec 20251,9502,00411,18311,1812$57.97$4.26
Nov 20252,2442,23712,41212,36745$60.06$3.79
Oct 20253,3003,2408,4328,39042$60.89$3.19
Sep 20255255414174152$63.96$2.97
Aug 20258718626246177$64.86$2.91
Jul 20251,1141,1277927902$68.39$3.20
Jun 20251,4381,4464,8224,81210$68.17$3.02
May 20251,6631,6777,7857,69392$62.17$3.12
Apr 20252,1902,1806,9566,87977$63.54$3.42
Mar 20252,3662,3667,7527,65795$68.24$4.12
Feb 20252,2852,2995,3055,061244$71.53$4.19
Jan 20252,7132,7076,6336,418215$75.74$4.13
Dec 20242,7842,7976,6576,6516$70.12$3.01
Nov 20242,5592,5365,7045,592112$69.95$2.12
Oct 20242,8302,8275,4345,252182$71.99$2.20
Sep 20242,4082,4224,2774,2698$70.24$2.28
Aug 20243,3093,31011,89011,715175$76.68$1.99
Jul 20243,8253,84213,48913,4827$81.80$2.07
Jun 20244,5704,56515,25715,157100$79.77$2.54
May 20246,0796,07310,61510,6150$80.02$2.12
Apr 20244,5704,5754,5174,44176$85.35$1.60
Mar 20244,7804,8156,3535,462891$81.28$1.49
Feb 20246,6116,6017,7516,756995$77.25$1.72
Jan 20246,0506,03311,16410,1451,019$74.15$3.18
Dec 20235,1155,09712,94212,9420$71.90$2.52
Nov 20235,2525,25714,48213,2931,189$77.69$2.71
Oct 20235,1945,20115,27215,144128$85.64$2.98
Sep 20235,5695,56317,05616,0361,020$89.43$2.64
Aug 20237,1677,17118,24417,761483$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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