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Texas oil lease

Producing

UTL 0708B

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

1 well

37,189bbl oil, last 12 months−28% vs prior year
Operator
Continental Resources, Inc.
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-60870

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
48,620 mcf
Oil in Jul 2026
2,853 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for UTL 0708B, Nov 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 37,189 bbl in the 12 months through Jul 2026, against 51,427 bbl in the 12 months before.Last 12 months: 37,189 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for UTL 0708B, Nov 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 37,189 bbl in the 12 months through Jul 2026, against 51,427 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJan 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 24.1% 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 0708B 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 24.1% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 24.1%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UTL 0708B 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 24.1% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 24.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 55,430 mcf

  • Flared (4)

    0.1% · 37 mcf

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

1 well on this lease

Wells on UTL 0708B
API numberWell no.Status
42-475-385400602HActive

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).

Who buys my oilOil price check

961 acres on the newest permit

A production sharing agreement well is on this lease

Permits for Utl 0708B
API numberWell no.Acreson the permit
42-475-385400602H961

SourceRailroad Commission drilling permits, Sep 26, 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

33 months, newest first

Ledger for UTL 0708B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,8532,8823,3953,3950$80.46$2.89
Jun 20263,1483,1444,0384,0380$84.81$3.15
May 20263,2993,2924,3734,3730$102.13$2.94
Apr 20263,7643,7605,3205,3200$100.32$2.77
Mar 20264,1284,1485,6245,6168$91.38$3.04
Feb 20263,7763,7354,9444,9422$64.51$3.62
Jan 20261,4481,4222,0062,0051$60.04$7.72
Dec 2025034000$57.97$4.26
Nov 20252,3502,3622,5632,5630$60.06$3.79
Oct 20253,7653,7594,3684,3626$60.89$3.19
Sep 20253,8573,8645,1315,1301$63.96$2.97
Aug 20254,8014,7936,8586,84117$64.86$2.91
Jul 20254,8334,8316,8476,8452$68.39$3.20
Jun 20253,5493,5454,7994,7918$68.17$3.02
May 20253,7973,8354,5154,5069$62.17$3.12
Apr 20253,8513,8384,5144,5122$63.54$3.42
Mar 20254,1884,1724,8984,8962$68.24$4.12
Feb 20252,3322,3772,5082,5044$71.53$4.19
Jan 20254,3854,3555,1035,1012$75.74$4.13
Dec 20244,4384,4355,2545,2540$70.12$3.01
Nov 20244,4744,4904,6114,6110$69.95$2.12
Oct 20244,8404,8004,7504,7500$71.99$2.20
Sep 20245,0425,0525,0165,0160$70.24$2.28
Aug 20245,6985,7195,4015,4010$76.68$1.99
Jul 20246,1946,1966,6106,6082$81.80$2.07
Jun 20246,7086,7197,9357,9350$79.77$2.54
May 20248,1358,15810,09810,06830$80.02$2.12
Apr 20249,6929,72212,02411,795229$85.35$1.60
Mar 202413,17713,13213,60713,427180$81.28$1.49
Feb 202415,44615,44217,95917,827132$77.25$1.72
Jan 202414,95515,01917,33816,974364$74.15$3.18
Dec 202324,14024,18724,83224,719113$71.90$2.52
Nov 20232,9552,7662,0721,572500$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

This lease belongs to

OperatorContinental Resources, Inc.FieldPhantom (Wolfcamp)CountyWard County

Continental Resources, Inc. in Ward County

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Phantom (Wolfcamp) field

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