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Texas oil lease

Producing

UTL 0708E

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

1 well

59,885bbl oil, last 12 months−26% vs prior year
RRC lease
08-60993

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
53,986 mcf
Oil in Jul 2026
2,809 bbl

Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for UTL 0708E, Dec 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 59,885 bbl in the 12 months through Jul 2026, against 80,975 bbl in the 12 months before.Last 12 months: 59,885 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for UTL 0708E, Dec 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 59,885 bbl in the 12 months through Jul 2026, against 80,975 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 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

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

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 53,939 mcf

  • Flared (4)

    0.1% · 47 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on UTL 0708E
API numberWell no.Status
42-475-385430605HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Dec 1, 2023
Energy Transfer CompanyCasinghead gasBuys50Dec 1, 2023
Targa Delaware LLCCasinghead gasBuys50Dec 1, 2023
Energy Transfer CompanyCasinghead gasGathers50Dec 1, 2023
Targa Delaware LLCCasinghead gasGathers50Dec 1, 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 0708E
API numberWell no.Acreson the permit
42-475-385430605H961

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

32 months, newest first

Ledger for UTL 0708E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,8092,8552,7932,7930$80.46$2.89
Jun 20263,9693,9664,3564,3560$84.81$3.15
May 20264,2614,2474,6364,6360$102.13$2.94
Apr 20264,5234,5204,8524,8520$100.32$2.77
Mar 20265,0965,1175,7255,71510$91.38$3.04
Feb 20264,5904,6094,8304,8282$64.51$3.62
Jan 20266,0526,0104,8684,8653$60.04$7.72
Dec 20256,4686,4966,5776,5761$57.97$4.26
Nov 20255,7785,7545,0105,0100$60.06$3.79
Oct 20254,9954,9884,5034,4958$60.89$3.19
Sep 20255,0735,0823,1183,1171$63.96$2.97
Aug 20256,2716,2712,7182,69622$64.86$2.91
Jul 20257,7767,7975,7545,7513$68.39$3.20
Jun 20257,9647,9271,7741,75717$68.17$3.02
May 20255,2645,3091,3481,33612$62.17$3.12
Apr 20254,9224,9221,4201,4182$63.54$3.42
Mar 20256,5496,5903,0133,0103$68.24$4.12
Feb 20257,2237,2723,3803,36812$71.53$4.19
Jan 20259,2519,1907,8397,8354$75.74$4.13
Dec 20249,6119,5518,4488,4480$70.12$3.01
Nov 20244,9925,0124,6014,6010$69.95$2.12
Oct 20245,5705,5224,8064,8060$71.99$2.20
Sep 20245,3695,3834,8914,8910$70.24$2.28
Aug 20246,4846,5195,8395,8390$76.68$1.99
Jul 20248,3268,3317,9397,9363$81.80$2.07
Jun 20249,4089,4349,9539,9530$79.77$2.54
May 202412,40012,42513,29413,24846$80.02$2.12
Apr 202413,80913,83814,67514,349326$85.35$1.60
Mar 202417,48017,41915,18214,943239$81.28$1.49
Feb 202420,99221,02919,19519,016179$77.25$1.72
Jan 202428,53028,61526,24725,553694$74.15$3.18
Dec 202338,73838,51139,52139,340181$71.90$2.52

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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