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Texas oil lease

Producing

UTL 0708J

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

1 well

42,246bbl oil, last 12 months−44% vs prior year
Operator
Continental Resources, Inc.
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-60973

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
43,494 mcf
Oil in Jul 2026
3,865 bbl

Production by month

Oil output fell 44% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for UTL 0708J, Nov 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 42,246 bbl in the 12 months through Jul 2026, against 75,372 bbl in the 12 months before.Last 12 months: 42,246 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for UTL 0708J, Nov 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 42,246 bbl in the 12 months through Jul 2026, against 75,372 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

Flaring peaked at 25.5% 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 0708J 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 25.5% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 25.5%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UTL 0708J 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 25.5% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 25.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 47,651 mcf

  • Flared (4)

    0.1% · 33 mcf

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

1 well on this lease

Wells on UTL 0708J
API numberWell no.Status
42-475-385480710HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Nov 22, 2023
Energy Transfer CompanyCasinghead gasBuys50Nov 22, 2023
Targa Delaware LLCCasinghead gasBuys50Nov 22, 2023
Energy Transfer CompanyCasinghead gasGathers50Nov 22, 2023
Targa Delaware LLCCasinghead gasGathers50Nov 22, 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 0708J
API numberWell no.Acreson the permit
42-475-385480710H961

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 0708J
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,8653,8823,9473,9470$80.46$2.89
Jun 20263,1393,1253,3743,3740$84.81$3.15
May 20262,6312,5842,5912,5910$102.13$2.94
Apr 2026021000$100.32$2.77
Mar 20261,8541,8932,3612,3574$91.38$3.04
Feb 20263,5163,5304,0164,0142$64.51$3.62
Jan 20264,5664,5323,7643,7622$60.04$7.72
Dec 20254,5824,6224,7464,7451$57.97$4.26
Nov 20255,4965,4666,0246,0240$60.06$3.79
Oct 20254,1564,1494,2594,2536$60.89$3.19
Sep 20254,1124,1124,5084,5071$63.96$2.97
Aug 20254,3294,3233,9043,88915$64.86$2.91
Jul 20254,5884,6054,1904,1882$68.39$3.20
Jun 20255,1365,1355,0585,04711$68.17$3.02
May 20256,0316,0866,9506,93614$62.17$3.12
Apr 20255,8425,8085,7165,7142$63.54$3.42
Mar 20255,3025,3164,4374,4352$68.24$4.12
Feb 20254,8084,8394,2324,2248$71.53$4.19
Jan 20256,0536,0185,9085,9053$75.74$4.13
Dec 20246,5886,5908,1568,1560$70.12$3.01
Nov 20247,0147,0458,5068,5060$69.95$2.12
Oct 20248,0718,0058,4538,4530$71.99$2.20
Sep 20248,4488,4508,5348,5340$70.24$2.28
Aug 20247,4917,5217,6967,6960$76.68$1.99
Jul 20248,4028,4099,0859,0823$81.80$2.07
Jun 20249,6519,67711,34011,3400$79.77$2.54
May 202412,77412,79915,00514,95847$80.02$2.12
Apr 202414,14514,16715,82815,494334$85.35$1.60
Mar 202417,11717,03015,57915,345234$81.28$1.49
Feb 202414,58114,61215,68415,559125$77.25$1.72
Jan 202421,10121,19622,17121,658513$74.15$3.18
Dec 202334,41534,26834,81234,652160$71.90$2.52
Nov 2023863808572426146$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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