Texas oil lease
ProducingTREES RANCH 36-37-B
Trees Ranch 36-37-B 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
- 08-53181
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 30,519 mcf
- Oil in Jul 2026
- 1,536 bbl
Production by month
Oil output rose 16% 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
Since Jul 2025 the lease's gas goes to a processing plant instead of lease fuel
Flaring peaked at 83.3% of the gas in May 2024.
- Processing plant (3)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
71% · 21,606 mcf
Lease fuel (1)
16% · 4,839 mcf
Flared (4)
13% · 4,074 mcf
13.3% of the gas flared in the last 12 months. 24 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.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-371-39774 | 4103H | Active |
SourceTexas Railroad Commission Wellbore Query.
1,280.59 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 |
|---|---|---|---|---|
| 42-371-39774 | 4103H | Dec 31, 2018 | May 7, 2019 | 1,280.59 |
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, | 1,536 | 1,536 | 618 | 0 | 206 | $80.46 | $2.89 |
| Jun 2026Continental Resources, | 1,580 | 1,562 | 1,550 | 264 | 872 | $84.81 | $3.15 |
| May 2026Continental Resources, | 1,868 | 1,806 | 3,140 | 2,342 | 366 | $102.13 | $2.94 |
| Apr 2026Continental Resources, | 1,686 | 1,805 | 3,559 | 2,353 | 803 | $100.32 | $2.77 |
| Mar 2026Continental Resources, | 1,905 | 1,820 | 3,488 | 2,750 | 318 | $91.38 | $3.04 |
| Feb 2026Continental Resources, | 1,809 | 1,822 | 3,001 | 2,302 | 320 | $64.51 | $3.62 |
| Jan 2026Continental Resources, | 1,965 | 1,994 | 2,374 | 1,791 | 168 | $60.04 | $7.72 |
| Dec 2025Continental Resources, | 2,015 | 2,004 | 3,575 | 2,814 | 343 | $57.97 | $4.26 |
| Nov 2025Continental Resources, | 2,296 | 2,290 | 3,569 | 2,888 | 281 | $60.06 | $3.79 |
| Oct 2025Continental Resources, | 1,704 | 1,713 | 2,056 | 1,391 | 261 | $60.89 | $3.19 |
| Sep 2025Continental Resources, | 1,587 | 1,651 | 1,585 | 1,196 | 52 | $63.96 | $2.97 |
| Aug 2025Continental Resources, | 2,474 | 2,513 | 2,004 | 1,515 | 84 | $64.86 | $2.91 |
| Jul 2025Continental Resources, | 2,541 | 2,413 | 2,015 | 1,642 | 0 | $68.39 | $3.20 |
| Jun 2025Continental Resources, | 755 | 841 | 627 | 289 | 23 | $68.17 | $3.02 |
| May 2025Continental Resources, | 1,701 | 1,563 | 1,141 | 760 | 17 | $62.17 | $3.12 |
| Apr 2025Continental Resources, | 596 | 627 | 512 | 263 | 29 | $63.54 | $3.42 |
| Mar 2025Continental Resources, | 697 | 743 | 797 | 366 | 94 | $68.24 | $4.12 |
| Feb 2025Continental Resources, | 1,970 | 1,928 | 2,296 | 1,932 | 0 | $71.53 | $4.19 |
| Jan 2025Continental Resources, | 2,193 | 2,196 | 1,522 | 978 | 132 | $75.74 | $4.13 |
| Dec 2024Continental Resources, | 2,704 | 2,625 | 1,663 | 1,254 | 0 | $70.12 | $3.01 |
| Nov 2024Continental Resources, | 401 | 455 | 24 | 0 | 20 | $69.95 | $2.12 |
| Oct 2024Continental Resources, | 1,834 | 1,890 | 1,437 | 1,224 | 194 | $71.99 | $2.20 |
| Sep 2024Continental Resources, | 2,063 | 2,050 | 968 | 932 | 16 | $70.24 | $2.28 |
| Aug 2024Continental Resources, | 1,878 | 1,976 | 492 | 424 | 52 | $76.68 | $1.99 |
| Jul 2024Continental Resources, | 3,446 | 3,439 | 867 | 852 | 0 | $81.80 | $2.07 |
| Jun 2024Continental Resources, | 4,304 | 4,274 | 1,778 | 1,691 | 68 | $79.77 | $2.54 |
| May 2024Continental Resources, | 4,068 | 4,153 | 90 | 0 | 75 | $80.02 | $2.12 |
| Apr 2024Continental Resources, | 4,565 | 4,401 | 161 | 40 | 104 | $85.35 | $1.60 |
| Mar 2024Continental Resources, | 2,023 | 1,984 | 17 | 0 | 5 | $81.28 | $1.49 |
| Feb 2024Continental Resources, | 1,730 | 1,793 | 612 | 595 | 0 | $77.25 | $1.72 |
| Jan 2024Continental Resources, | 2,609 | 2,623 | 18 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Continental Resources, | 1,773 | 1,812 | 16 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Continental Resources, | 2,820 | 3,075 | 2,179 | 2,132 | 27 | $77.69 | $2.71 |
| Oct 2023Continental Resources, | 3,429 | 3,284 | 2,639 | 2,541 | 67 | $85.64 | $2.98 |
| Sep 2023Continental Resources, | 3,102 | 3,093 | 684 | 594 | 66 | $89.43 | $2.64 |
| Aug 2023Continental Resources, | 2,477 | 2,520 | 26 | 0 | 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 Pecos County
- TREES RANCH 10M
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28,967 bbl
- TREES RANCH 11C
26,308 bbl
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Phantom (Wolfcamp) field
- QUICK SILVER 55-1-7 UNIT
107,316 mcf
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19,356 bbl
- THORNY ROSE B2
16,197 bbl
- WALNUT 55-1-46 UNIT
21,607 bbl
- STATE PONY 57-T2-16X9
270,044 mcf
- CEDAR 55-1-46-3 F
300,218 mcf
- ALLISON 36-54 ALLOC A
160,778 mcf
- DALE EVANS 196-25 UNIT A
22,995 bbl
- GREATHOUSE C21-6 UNIT
148,167 mcf
- BODACIOUS C7-19 A
21,238 bbl
Leases within 10 km
- TREES RANCH 36-37-A
37,732 bbl · 0 km
- REDBUD STATE UNIT
698,393 bbl · 0.2 km
- DAEDALUS OW-61-60
135,344 bbl · 1.2 km
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46,495 bbl · 1.6 km
- CALVERT, A.
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53,882 bbl · 2.9 km
- STATE-TREES "18"
0 mcf · 3.1 km
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529,141 bbl · 3.2 km
- CHERRY STATE UNIT 29-28
120,248 bbl · 3.2 km
- TREES STATE 56-57-AZ
20,354 bbl · 3.3 km
Drilling permits within 10 km
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new drill · WWM Operating, LLC · Reeves County · 9.7 km
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WAHA/FROST #8C
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WAHA/FROST #7C
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WAHA/FROST #3C
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Permit 0918988 · Oct 1, 2026