UTL 0708B
UTL 0708B is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Continental Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 184,017 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $195K, with roughly $51K expected over the next twelve months.
| Operator | Continental Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 60870 |
| Wellbores | 1 |
| Reported production | 184,017 bbl |
| First reported | November 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $195K |
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.