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Texas oil lease

Producing

8 MILE L

8 Mile L is an oil lease in Midland County, Texas, operated by Crescent Energy Operating, LLC in the Spraberry (Trend Area) field.

1 well

163,674bbl oil, since Oct 2025
Operator
Crescent Energy Operating, LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-64375

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, since Oct 2025
351,239 mcf
Oil in Jun 2026
11,246 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Crescent Energy Operating, LLC took over from Vital Energy, Inc. in Jan 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 52% since Oct 2025

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
Oil output fell 52% since Oct 2025Monthly oil production and gas for 8 MILE L, Oct 2025 to Jul 2026. Oil output fell 52% since Oct 2025. Monthly average of 12,056 bbl in the latest 3 months, against 25,368 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kOct 25Jan 26AprJul
Oil output fell 52% since Oct 2025Monthly oil production and gas for 8 MILE L, Oct 2025 to Jul 2026. Oil output fell 52% since Oct 2025. Monthly average of 12,056 bbl in the latest 3 months, against 25,368 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the 9 months reported

Flaring peaked at 11.3% of the gas in Oct 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a transmission line in the 9 months reportedShare of 8 MILE L gas by disposition code each month, Oct 2025 to Jul 2026. 95% of the gas went to a transmission line in the 9 months reported. Flaring peaked at 11.3% of the gas in Oct 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 11.3%Oct 25Jan 26AprJul
95% of the gas went to a transmission line in the 9 months reportedShare of 8 MILE L gas by disposition code each month, Oct 2025 to Jul 2026. 95% of the gas went to a transmission line in the 9 months reported. Flaring peaked at 11.3% of the gas in Oct 2025.Share of gas by disposition code0%50%100%Flared 11.3%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 334,945 mcf

  • Lease fuel (1)

    2.7% · 9,308 mcf

  • Flared (4)

    2.0% · 6,986 mcf

2.0% of the gas flared in the 9 months reported. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2026

Operators of this lease over timeVital Energy, Inc., Oct 2025 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262026Changed Jan 2026Vital Energy, Inc.Oct 2025 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeVital Energy, Inc., Oct 2025 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262026Changed Jan 2026Vital Energy, Inc.Oct 2025 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on 8 MILE L
API numberWell no.Status
42-329-4768511BActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Energy Transfer CompanyOilGathers100Oct 8, 2025
Phillips 66 CompanyCasinghead gasBuys50Oct 8, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Oct 8, 2025
Phillips 66 CompanyCasinghead gasGathers50Oct 8, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Oct 8, 2025

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

Who buys my oilOil price check

480.53 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for 8 Mile L
API numberWell no.Acreson the permit
42-329-4768511B480.53

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Crescent Energy Company told investors it received

Crescent Energy Operating, LLC is linked to Crescent Energy Company (CRGY).
Realized prices reported by Crescent Energy Company
QuarterOil$ per bblFiling
Q1 2026$71.00SEC filing
Q4 2025$62.21SEC filing
Q3 2025$63.07SEC filing
Q2 2025$61.47SEC filing
Q1 2025$67.64SEC filing
Q4 2024$67.51SEC filing

SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

10 months, newest first

Ledger for 8 MILE L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy11,24611,25140,92738,335554$84.81$3.15
May 2026Crescent Energy13,54013,50439,61537,096486$102.13$2.94
Apr 2026Crescent Energy11,38211,35843,15540,524240$100.32$2.77
Mar 2026Crescent Energy15,23615,23851,66948,608215$91.38$3.04
Feb 2026Crescent Energy16,49416,51644,01843,282736$64.51$3.62
Jan 2026Crescent Energy19,67119,65741,35739,5061,851$60.04$7.72
Dec 2025Vital Energy,24,38024,40432,71032,541169$57.97$4.26
Nov 2025Vital Energy,29,47529,49033,97533,94233$60.06$3.79
Oct 2025Vital Energy,22,25022,14923,81321,1112,702$60.89$3.19

No report filed 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

OperatorCrescent Energy Operating, LLCFieldSpraberry (Trend Area)CountyMidland County

Crescent Energy Operating, LLC in Midland County

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Spraberry (Trend Area) field

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