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Texas oil lease

Producing

UTL 0708A

Utl 0708A is an oil lease in Ward County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.

1 well

90,042bbl oil, last 12 months−24% vs prior year
RRC lease
08-61071

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
92,020 mcf
Oil in Jul 2026
6,754 bbl

Production by month

Oil output fell 24% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for UTL 0708A, Nov 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 90,042 bbl in the 12 months through Jul 2026, against 117,773 bbl in the 12 months before.Last 12 months: 90,042 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for UTL 0708A, Nov 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 90,042 bbl in the 12 months through Jul 2026, against 117,773 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 41.0% of the gas in Nov 2023.

  • Processing plant (3)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UTL 0708A gas by disposition code each month, Nov 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 41.0% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 41.0%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UTL 0708A gas by disposition code each month, Nov 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 41.0% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 41.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 91,961 mcf

  • Flared (4)

    0.1% · 59 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on UTL 0708A
API numberWell no.Status
42-475-385390601HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Nov 16, 2023
Energy Transfer CompanyCasinghead gasBuys50Nov 16, 2023
Targa Delaware LLCCasinghead gasBuys50Nov 16, 2023
Energy Transfer CompanyCasinghead gasGathers50Nov 16, 2023
Targa Delaware LLCCasinghead gasGathers50Nov 16, 2023

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

961 acres on the newest permit

A production sharing agreement well is on this lease

Permits for Utl 0708A
API numberWell no.Acreson the permit
42-475-385390601H961

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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

33 months, newest first

Ledger for UTL 0708A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,7546,8207,4607,4600$80.46$2.89
Jun 20267,2957,3168,3008,3000$84.81$3.15
May 20269,2799,1339,4439,4430$102.13$2.94
Apr 20261,3191,3861,1831,1830$100.32$2.77
Mar 20267,5367,5798,5538,53815$91.38$3.04
Feb 20267,5377,5557,4867,4824$64.51$3.62
Jan 20269,2249,1506,5846,5804$60.04$7.72
Dec 20258,3418,3958,6708,6691$57.97$4.26
Nov 20258,6768,6739,4159,4150$60.06$3.79
Oct 202510,17610,14511,44511,43015$60.89$3.19
Sep 20258,8508,8089,2319,2292$63.96$2.97
Aug 20255,0555,0564,2504,23218$64.86$2.91
Jul 20256,4726,4965,1755,1732$68.39$3.20
Jun 20257,1627,1096,3636,34815$68.17$3.02
May 20252,4342,5722,3832,3776$62.17$3.12
Apr 20258,6568,6238,1728,1693$63.54$3.42
Mar 20259,1499,1809,6659,6614$68.24$4.12
Feb 20258,6128,6829,4389,42414$71.53$4.19
Jan 202511,45811,37913,13413,1295$75.74$4.13
Dec 202411,72211,71413,33013,3300$70.12$3.01
Nov 202411,72011,76311,08311,0830$69.95$2.12
Oct 202412,75012,64310,96610,9660$71.99$2.20
Sep 202412,97513,00111,25311,2530$70.24$2.28
Aug 202414,66314,71012,22912,2290$76.68$1.99
Jul 202415,48115,48014,49514,4905$81.80$2.07
Jun 202416,39116,41816,95416,9540$79.77$2.54
May 202419,55019,59621,91521,84372$80.02$2.12
Apr 202422,33122,38124,37723,850527$85.35$1.60
Mar 202428,41528,25926,97326,585388$81.28$1.49
Feb 202422,68422,73722,56022,366194$77.25$1.72
Jan 202433,09433,18435,24134,436805$74.15$3.18
Dec 202346,14646,29934,86934,654215$71.90$2.52
Nov 20236,4966,0842,6941,5901,104$77.69$2.71

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Continental Resources, Inc. in Ward County

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