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Texas oil lease

Producing

UTL 4231E

Utl 4231E is an oil lease in Winkler County, Texas, operated by Continental Resources, Inc. in the Phantom (Wolfcamp) field.

1 well

184,153bbl oil, last 12 months
Operator
Continental Resources, Inc.
County
Winkler County
Field
Phantom (Wolfcamp)
RRC lease
08-64038

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Gas, last 12 months
212,652 mcf
Oil in Jul 2026
8,639 bbl

Production by month

Oil output fell 64% since Jun 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 64% since Jun 2025Monthly oil production and gas for UTL 4231E, Jun 2025 to Jul 2026. Oil output fell 64% since Jun 2025. Monthly average of 9,049 bbl in the latest 3 months, against 25,177 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 25OctJan 26AprJul
Oil output fell 64% since Jun 2025Monthly oil production and gas for UTL 4231E, Jun 2025 to Jul 2026. Oil output fell 64% since Jun 2025. Monthly average of 9,049 bbl in the latest 3 months, against 25,177 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 5.1% of the gas in Sep 2025.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of UTL 4231E gas by disposition code each month, Jun 2025 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.1% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.1%Jul 25OctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of UTL 4231E gas by disposition code each month, Jun 2025 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.1% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 5.1%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 209,905 mcf

  • Flared (4)

    1.3% · 2,747 mcf

1.3% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on UTL 4231E
API numberWell no.Status
42-495-350044305HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Jun 28, 2025
Targa Delaware LLCCasinghead gasBuys100Jun 28, 2025
Targa Delaware LLCCasinghead gasGathers100Jun 28, 2025

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

Who buys my oilOil price check

961.05 acres on the newest permit

An allocation well is on this lease

A production sharing agreement well is on this lease

Permits for Utl 4231E
API numberWell no.Acreson the permit
42-495-350044305H961.05

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

14 months, newest first

Ledger for UTL 4231E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,6398,6389,6729,6720$80.46$2.89
Jun 20268,9778,9439,9549,9540$84.81$3.15
May 20269,5329,50110,41810,4180$102.13$2.94
Apr 20269,4719,46410,90910,716193$100.32$2.77
Mar 202610,44010,48812,37712,3770$91.38$3.04
Feb 202610,11410,09212,14012,12317$64.51$3.62
Jan 202613,48013,47415,51115,251260$60.04$7.72
Dec 202514,85014,90318,57418,54331$57.97$4.26
Nov 202516,51716,47419,67419,382292$60.06$3.79
Oct 202522,02322,12625,89325,623270$60.89$3.19
Sep 202525,79125,81629,89328,3741,519$63.96$2.97
Aug 202534,31934,37837,63737,472165$64.86$2.91
Jul 202537,65837,40439,14938,349800$68.39$3.20
Jun 20253,5553,5131,3241,29034$68.17$3.02

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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This lease belongs to

OperatorContinental Resources, Inc.FieldPhantom (Wolfcamp)CountyWinkler County

Continental Resources, Inc. in Winkler County

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Phantom (Wolfcamp) field

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