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Texas oil lease

Producing

UTL 0708C

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

1 well

73,479bbl oil, last 12 months−33% vs prior year
RRC lease
08-60972

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
76,801 mcf
Oil in Jul 2026
6,480 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for UTL 0708C, Nov 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 73,479 bbl in the 12 months through Jul 2026, against 109,680 bbl in the 12 months before.Last 12 months: 73,479 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for UTL 0708C, Nov 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 73,479 bbl in the 12 months through Jul 2026, against 109,680 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 26.8% 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 0708C 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 26.8% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 26.8%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UTL 0708C 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 26.8% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 26.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 76,737 mcf

  • Flared (4)

    0.1% · 64 mcf

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

1 well on this lease

Wells on UTL 0708C
API numberWell no.Status
42-475-385410603HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Nov 21, 2023
Energy Transfer CompanyCasinghead gasBuys50Nov 21, 2023
Targa Delaware LLCCasinghead gasBuys50Nov 21, 2023
Energy Transfer CompanyCasinghead gasGathers50Nov 21, 2023
Targa Delaware LLCCasinghead gasGathers50Nov 21, 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 0708C
API numberWell no.Acreson the permit
42-475-385410603H961

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 0708C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,4806,4287,4827,4820$80.46$2.89
Jun 20261,1311,2041,2391,2390$84.81$3.15
May 20265,3795,3665,7915,7910$102.13$2.94
Apr 20266,0866,0787,2357,2350$100.32$2.77
Mar 20266,5036,5187,5227,50913$91.38$3.04
Feb 20265,1725,1855,7055,7023$64.51$3.62
Jan 20266,2766,2315,2045,2013$60.04$7.72
Dec 20256,5186,5546,3496,3481$57.97$4.26
Nov 20256,4406,4346,2896,2890$60.06$3.79
Oct 20257,2247,2106,9376,92611$60.89$3.19
Sep 20257,0847,1027,3407,3391$63.96$2.97
Aug 20259,1869,1749,7089,67632$64.86$2.91
Jul 20259,9239,93210,36810,3653$68.39$3.20
Jun 20258,3908,3849,5359,51718$68.17$3.02
May 20259,3499,4519,9869,96422$62.17$3.12
Apr 20259,9829,96910,17110,1674$63.54$3.42
Mar 202512,31712,41713,41713,4125$68.24$4.12
Feb 202514,84914,78115,72615,70224$71.53$4.19
Jan 202510,24610,11910,93310,9294$75.74$4.13
Dec 20245,8515,8588,4828,4820$70.12$3.01
Nov 20246,2566,28713,98313,9830$69.95$2.12
Oct 20247,0767,02224,07724,0770$71.99$2.20
Sep 20247,3997,40726,99626,9960$70.24$2.28
Aug 20248,0428,08427,26327,2630$76.68$1.99
Jul 20249,4149,40528,50428,5013$81.80$2.07
Jun 202410,76610,78312,69912,6990$79.77$2.54
May 202413,10313,13314,18614,13848$80.02$2.12
Apr 202414,92514,98115,25014,897353$85.35$1.60
Mar 202421,53221,43018,92818,634294$81.28$1.49
Feb 202420,17920,21719,55819,386172$77.25$1.72
Jan 202427,88927,98726,65125,973678$74.15$3.18
Dec 202341,19641,04038,28038,088192$71.90$2.52
Nov 20231,2811,199809592217$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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