TREES RANCH 10M
TREES RANCH 10M is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Continental Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 223,207 barrels. 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 $4.8M, with roughly $1.4M 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 2,461 barrels a month. Its strongest month on the record we hold was November 2022, at 20,497 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 TREES RANCH 10M
- Who operates TREES RANCH 10M?
- TREES RANCH 10M is operated by Continental Resources, Inc., Railroad Commission of Texas operator number 173777.
- Where is TREES RANCH 10M?
- TREES RANCH 10M is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59029.
- Is TREES RANCH 10M still producing?
- TREES RANCH 10M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TREES RANCH 10M is August 2026.
- How much has TREES RANCH 10M produced?
- TREES RANCH 10M has reported 223,207 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 1 wellbore.
- How much is TREES RANCH 10M worth?
- The remaining production from TREES RANCH 10M is estimated to be worth about $4.8M in total as of 26 August 2026, within a range of $4.0M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TREES RANCH 10M is a fraction of it. The estimate fits an Arps decline curve to the production TREES RANCH 10M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TREES RANCH 10M is an estimate of value, not an offer and not an appraisal.
- How much income does TREES RANCH 10M generate in a year?
- TREES RANCH 10M is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TREES RANCH 10M receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Continental Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 59029 |
| Wellbores | 1 |
| Reported production | 223,207 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where TREES RANCH 10M 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.