UTL 3748 37B
UTL 3748 37B is a Texas gas lease in Winkler County, Railroad Commission district 08, operated by Continental Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2023 to August 2026, totalling 1,932,927 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $432K, with roughly $323K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 10,371 thousand cubic feet a month. Its strongest month on the record we hold was July 2023, at 259,764 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about UTL 3748 37B
- Who operates UTL 3748 37B?
- UTL 3748 37B is operated by Continental Resources, Inc., Railroad Commission of Texas operator number 173777.
- Where is UTL 3748 37B?
- UTL 3748 37B is a Texas gas lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 298515.
- Is UTL 3748 37B still producing?
- UTL 3748 37B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UTL 3748 37B is August 2026.
- How much has UTL 3748 37B produced?
- UTL 3748 37B has reported 1,932,927 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2023 and August 2026, from 1 wellbore.
- How much is UTL 3748 37B worth?
- The remaining production from UTL 3748 37B is estimated to be worth about $432K in total as of 27 August 2026, within a range of $354K to $509K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UTL 3748 37B is a fraction of it. The estimate fits an Arps decline curve to the production UTL 3748 37B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UTL 3748 37B is an estimate of value, not an offer and not an appraisal.
- How much income does UTL 3748 37B generate in a year?
- UTL 3748 37B is forecast to net about $323K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UTL 3748 37B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Continental Resources, Inc. |
|---|---|
| Field | Ruppel (Woodford) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 298515 |
| Wellbores | 1 |
| Reported production | 1,932,927 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $432K |
Where UTL 3748 37B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.