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Texas oil lease

Producing

UTL 0708L

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

1 well

46,820bbl oil, last 12 months−9% vs prior year
Operator
Continental Resources, Inc.
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-61147

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
34,931 mcf
Oil in Jul 2026
3,410 bbl

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for UTL 0708L, Nov 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 46,820 bbl in the 12 months through Jul 2026, against 51,265 bbl in the 12 months before.Last 12 months: 46,820 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for UTL 0708L, Nov 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 46,820 bbl in the 12 months through Jul 2026, against 51,265 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 27.5% 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 0708L 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 27.5% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 27.5%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UTL 0708L 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 27.5% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 27.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 34,898 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 0708L
API numberWell no.Status
42-475-385500712HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Nov 17, 2023
Energy Transfer CompanyCasinghead gasBuys50Nov 17, 2023
Targa Delaware LLCCasinghead gasBuys50Nov 17, 2023
Energy Transfer CompanyCasinghead gasGathers50Nov 17, 2023
Targa Delaware LLCCasinghead gasGathers50Nov 17, 2023

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

Who buys my oilOil price check

961 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

Check your decimal on this lease
Permits for Utl 0708L
API numberWell no.Acreson the permit
42-475-385500712H961

SourceRailroad Commission drilling permits, Oct 3, 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 0708L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,4103,4402,7442,7440$80.46$2.89
Jun 20263,5393,5393,2493,2490$84.81$3.15
May 20263,8913,8763,4763,4760$102.13$2.94
Apr 20263,9843,9783,8593,8590$100.32$2.77
Mar 20264,2484,2754,4004,3928$91.38$3.04
Feb 20264,3744,3843,6583,6562$64.51$3.62
Jan 20265,2315,1872,4242,4222$60.04$7.72
Dec 20254,7184,7192,3772,3761$57.97$4.26
Nov 20252,8932,8901,5631,5630$60.06$3.79
Oct 20253,2193,2152,1122,1075$60.89$3.19
Sep 20253,4093,4132,3832,3821$63.96$2.97
Aug 20253,9043,8992,6862,67214$64.86$2.91
Jul 20254,2214,2192,6172,6161$68.39$3.20
Jun 20253,0103,0061,7971,7916$68.17$3.02
May 20253,1543,1861,4681,4617$62.17$3.12
Apr 20253,2483,2411,6481,6471$63.54$3.42
Mar 20253,8353,8482,1932,1912$68.24$4.12
Feb 20253,6073,6192,2022,1966$71.53$4.19
Jan 20254,0304,0043,1453,1432$75.74$4.13
Dec 20244,2264,2213,4823,4820$70.12$3.01
Nov 20243,8733,9004,3224,3220$69.95$2.12
Oct 20245,1515,1124,8034,8030$71.99$2.20
Sep 20245,9675,9815,4395,4390$70.24$2.28
Aug 20246,9436,9666,2526,2520$76.68$1.99
Jul 20247,3687,3736,9646,9622$81.80$2.07
Jun 20248,3938,4059,2039,2030$79.77$2.54
May 20249,8869,91711,01010,97436$80.02$2.12
Apr 202412,03612,05313,25912,975284$85.35$1.60
Mar 202414,33714,27513,11812,922196$81.28$1.49
Feb 202414,72314,73814,87214,746126$77.25$1.72
Jan 202417,76317,85117,73317,301432$74.15$3.18
Dec 202330,35530,58830,44330,301142$71.90$2.52
Nov 20236,4476,0363,9682,8751,093$77.69$2.71

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 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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