Texas oil lease
ProducingTREES RANCH 14
Trees Ranch 14 is an oil lease in Reeves County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.
2 wells
- Operator
- Continental Resources, Inc.
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-49858
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 67,066 mcf
- Oil in Jul 2026
- 2,666 bbl
Production by month
Oil output fell 4% 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
83% of the gas went to a processing plant in the last 12 months
Flaring peaked at 8.5% of the gas in Jun 2026.
- Processing plant (3)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
83% · 55,667 mcf
Lease fuel (1)
16% · 10,935 mcf
Flared (4)
0.7% · 464 mcf
0.7% of the gas flared in the last 12 months. 3 months above 3%.
Who has run this lease
The operator changed 2 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 Jan 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-35657 | 4301H | Active |
| 42-389-35924 | 4101H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Oct 13, 2017 |
| Brazos Midstream Operating, LLC | Casinghead gas | Buys | 100 | Oct 13, 2017 |
| Brazos Midstream Operating, LLC | Casinghead gas | Gathers | 100 | Oct 13, 2017 |
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, | 2,666 | 2,666 | 5,893 | 4,906 | 35 | $80.46 | $2.89 |
| Jun 2026Continental Resources, | 1,130 | 1,097 | 3,837 | 2,595 | 325 | $84.81 | $3.15 |
| May 2026Continental Resources, | 1,743 | 1,748 | 5,359 | 4,467 | 0 | $102.13 | $2.94 |
| Apr 2026Continental Resources, | 2,669 | 2,781 | 6,979 | 6,057 | 0 | $100.32 | $2.77 |
| Mar 2026Continental Resources, | 2,810 | 2,836 | 6,190 | 5,192 | 15 | $91.38 | $3.04 |
| Feb 2026Continental Resources, | 2,716 | 2,697 | 5,837 | 4,896 | 62 | $64.51 | $3.62 |
| Jan 2026Continental Resources, | 2,749 | 2,658 | 4,968 | 4,260 | 0 | $60.04 | $7.72 |
| Dec 2025Continental Resources, | 2,056 | 2,101 | 4,841 | 3,901 | 0 | $57.97 | $4.26 |
| Nov 2025Continental Resources, | 2,673 | 2,605 | 5,508 | 4,544 | 0 | $60.06 | $3.79 |
| Oct 2025Continental Resources, | 1,505 | 1,606 | 4,605 | 3,658 | 0 | $60.89 | $3.19 |
| Sep 2025Continental Resources, | 2,394 | 2,455 | 6,228 | 5,276 | 27 | $63.96 | $2.97 |
| Aug 2025Continental Resources, | 3,501 | 3,463 | 6,821 | 5,915 | 0 | $64.86 | $2.91 |
| Jul 2025Continental Resources, | 2,554 | 2,472 | 4,481 | 3,523 | 0 | $68.39 | $3.20 |
| Jun 2025Continental Resources, | 1,495 | 1,711 | 4,471 | 3,519 | 11 | $68.17 | $3.02 |
| May 2025Continental Resources, | 3,733 | 3,400 | 6,645 | 5,677 | 9 | $62.17 | $3.12 |
| Apr 2025Continental Resources, | 811 | 955 | 1,330 | 1,169 | 9 | $63.54 | $3.42 |
| Mar 2025Continental Resources, | 3,100 | 3,144 | 11,267 | 10,148 | 150 | $68.24 | $4.12 |
| Feb 2025Continental Resources, | 2,684 | 2,614 | 7,900 | 7,029 | 19 | $71.53 | $4.19 |
| Jan 2025Continental Resources, | 3,301 | 3,233 | 10,442 | 9,295 | 184 | $75.74 | $4.13 |
| Dec 2024Continental Resources, | 1,550 | 1,586 | 7,234 | 6,251 | 0 | $70.12 | $3.01 |
| Nov 2024Continental Resources, | 2,315 | 2,299 | 9,943 | 9,702 | 59 | $69.95 | $2.12 |
| Oct 2024Continental Resources, | 2,666 | 2,653 | 12,098 | 11,911 | 0 | $71.99 | $2.20 |
| Sep 2024Continental Resources, | 2,783 | 2,796 | 13,522 | 13,337 | 0 | $70.24 | $2.28 |
| Aug 2024Continental Resources, | 2,721 | 2,754 | 13,649 | 13,469 | 0 | $76.68 | $1.99 |
| Jul 2024Continental Resources, | 2,821 | 2,822 | 17,223 | 17,027 | 0 | $81.80 | $2.07 |
| Jun 2024Continental Resources, | 2,815 | 2,860 | 15,082 | 14,816 | 0 | $79.77 | $2.54 |
| May 2024Continental Resources, | 2,908 | 2,919 | 13,687 | 13,414 | 0 | $80.02 | $2.12 |
| Apr 2024Continental Resources, | 3,572 | 3,503 | 12,538 | 12,277 | 51 | $85.35 | $1.60 |
| Mar 2024Continental Resources, | 3,051 | 3,013 | 9,707 | 9,410 | 0 | $81.28 | $1.49 |
| Feb 2024Continental Resources, | 1,478 | 1,639 | 5,594 | 5,226 | 117 | $77.25 | $1.72 |
| Jan 2024Continental Resources, | 2,709 | 2,634 | 6,068 | 5,285 | 465 | $74.15 | $3.18 |
| Dec 2023Continental Resources, | 2,973 | 2,942 | 7,948 | 7,705 | 0 | $71.90 | $2.52 |
| Nov 2023Continental Resources, | 2,910 | 2,893 | 6,414 | 6,211 | 0 | $77.69 | $2.71 |
| Oct 2023Continental Resources, | 2,960 | 3,048 | 7,986 | 7,488 | 297 | $85.64 | $2.98 |
| Sep 2023Continental Resources, | 2,706 | 2,702 | 12,288 | 11,462 | 363 | $89.43 | $2.64 |
| Aug 2023Continental Resources, | 3,538 | 3,537 | 16,962 | 16,465 | 0 | $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
Continental Resources, Inc. in Reeves County
- STATE WHISKEY RIVER 4B-8
38,511 bbl
- APEX 2324D
31,798 bbl
- STATE EILAND 1118B
38,832 bbl
- STATE EILAND 1118C
37,554 bbl
- STATE WHISKEY RIVER 4A-8
35,676 bbl
- LIGON STATE UNIT 7-22
29,639 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
Phantom (Wolfcamp) field
- UL 20 SILVER SPOON G
31,209 bbl
- SARATOGA STATE 54-4-10 UNIT
136,163 mcf
- STATE JOHNNY CASH UNIT
330,244 mcf
- TABOR A
134,681 mcf
- ROADRUNNER STATE 2
326,381 mcf
- SNOWSHOE STATE 57-10 UNIT
491,418 mcf
- COLDBLOOD STATE 7372 UNIT
29,801 bbl
- RAZORBACK UNIT NW 33-77
15,376 bbl
- SAM BIRD 6-3
117,059 mcf
- KAYCEE STATE 57-3-33 UNIT
345,141 mcf
Leases within 10 km
- CHUPACABRA 1213-7
101,065 bbl · 0.5 km
- PECAN STATE UNIT
1,334,838 bbl · 0.5 km
- CORIANDER 2524-C3
131,716 bbl · 0.7 km
- STATE EILAND 1213C
204,795 bbl · 0.9 km
- STATE EILAND 1213B
203,026 bbl · 1 km
- STATE EILAND 1213A
226,155 bbl · 1.1 km
- COLLIER
213,077 bbl · 1.1 km
- CILANTRO 2524-C3
21,879 bbl · 1.7 km
- LEGEAR
17,557 bbl · 1.8 km
- STATE WHISKEY RIVER 1-8
43,644 bbl · 2 km
Drilling permits within 10 km
CHERRY STATE UNIT 3228D #09H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 9.9 km
Permit 0917306 · Jul 30, 2026
CHERRY STATE UNIT 3228C #08H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 9.7 km
Permit 0917305 · Jul 30, 2026
CHERRY STATE UNIT 3228F #11H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 10 km
Permit 0917308 · Jul 30, 2026
CHERRY STATE UNIT 3228E #10H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 9.9 km
Permit 0917307 · Jul 30, 2026
CHERRY STATE UNIT 3228B #07H
new drill · horizontal · Continental Resources, Inc. · Pecos County · 9.7 km
Permit 0917304 · Jul 30, 2026