Texas oil lease
ProducingAGATE E
Agate E is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Wolfbone (Trend Area) field.
1 well
- Operator
- Crescent Energy Operating, LLC
- County
- Reeves County
- RRC lease
- 08-64437
Is your family on this lease?
Where it sits
This county
- Gas, last 12 months
- 692,338 mcf
- Oil in Jul 2026
- 8,899 bbl
Did a relative own a share of this lease?
Pick the year they passed and see what the lease has sold since.
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 Aug 2026.
See why checks stop on this leaseWells on this lease and around it
- This lease1Its well, ringed on the map: producing
- Drilling locations1Permits issued in the last two years
- Producing wells31On a lease reporting production now
- Not producing6Shut in, inactive or no lease on record
- Plugged2The state's wellbore record says plugged
The ringed dot is this lease's well, where the Railroad Commission's map puts it. The other dots are wells and drilling permits of the last 24 months on the land around it; the counts are for everything in the picture, which is about 6 miles across. The thin brown lines are the original land surveys; where there is room, a survey carries its abstract number, the number deeds and division orders cite. Sources: Railroad Commission of Texas well layers, drilling permit files and survey lines, US Census Bureau county outlines, base map from USGS The National Map.
A one-page map of this lease to print, for a lawyer, a buyer or a probate file.
Use this map on your site
You may show this map on any site, unchanged. Keep the credit line and its link to Royalty Clerk under the map. The picture updates by itself as the state records new wells and permits.
<a href="https://royaltyclerk.com/texas/leases/agate-e-08-64437"><img src="https://royaltyclerk.com/maps/lease-wells/agate-e-08-64437.svg" alt="Map of the Agate E lease in Reeves County, Texas: its well ringed, among 39 wells and 1 recent drilling location in a picture about 6 miles across." width="1000" height="951" loading="lazy" style="max-width:100%;height:auto;border:0"></a>
<p style="margin:4px 0 0;font-size:14px">Map: <a href="https://royaltyclerk.com/texas/leases/agate-e-08-64437">Wells on the Agate E lease, Reeves County, Texas</a> by Royalty Clerk, from Railroad Commission of Texas records</p>Other Agate leases in Reeves County
Production by month
Oil output fell 51% since Jun 2025
Aug 2026 was not reported.
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Aug 2026.
From the state record
What owners ask about Agate E
- When is the check for July 2026 due?
- July 2026 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the oil by Sep 29, 2026 and the gas by Oct 29, 2026, unless the lease sets another time.
- Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
- See your next three checks
- Which Texas production tax rate applies?
- The Texas Comptroller lists no approved exemption or reduced rate for this lease for July 2026, so the full 4.6% on oil and 7.5% on gas applies.
- Source: Texas Comptroller, approved severance tax exemptions.
- Check the tax on your stub
- How many 1099s should an owner expect for 2025?
- One company, Vital Energy, Inc., filed this lease's reports behind every 2025 check, so most owners get one form. The operator is not always the company that pays, so go by the name on the stubs.
- Source: Railroad Commission production reports, operator of record by month.
- Check your 1099 against it
Free tools, already on this lease
Ask a question about Agate E
33 years of state records, 1993–2026
AGATE E since 2025
We read every monthly report the Railroad Commission holds, back to January 1993. This lease first reported in June 2025. It filed 14 monthly reports through August 2026.
Sold since 2025
$17.1 million
What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.
- Oil sold
- 208,661 bbl
- Gas sold
- 650,807 mcf
- Best year
- 2025$9.1 million sold
- Last report
- Jul 2026First: Jun 2025
Its best year was 2025: $9.1 million of oil and gas sold
Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.
- Oil
- Gas
SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.
Every year as a table
| Year | Months | Oil sold, bbl | Gas sold, mcf | Sold for |
|---|---|---|---|---|
| 2026 * | 7 | 80,268 | 346,420 | $7,919,299 |
| 2025 | 7 | 128,393 | 304,387 | $9,199,407 |
* Part of the year: the records run through August 2026.
Where the gas went
86% of the gas went to a transmission line in the last 12 months
Flaring peaked at 20.0% of the gas in Jun 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Aug 2026.
Transmission line (2)
86% · 596,409 mcf
Lease fuel (1)
11% · 79,311 mcf
Flared (4)
2.4% · 16,618 mcf
2.4% of the gas flared in the last 12 months. 2 months above 3%.
Who has run this lease
The operator changed once, most recently in Jan 2026
- Crescent Energy Operating, LLC Jan 2026 to Jul 2026
- Vital Energy, Inc. Jun 2025 to Dec 2025
SourceTexas Railroad Commission Production Data Query, through Aug 2026.
1 well on this lease
| API number | Well | Status | Completed |
|---|---|---|---|
| 42-389-41623 | Agate E 9A | Active | Apr 9, 2025 |
SourceTexas Railroad Commission production records and full wellbore file.
964.66 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-41623 | 9A | Feb 27, 2025 | Apr 9, 2025 | 964.66 |
What Crescent Energy Company told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q3 2026 | $84.52 | $2.35 | $20.58 | SEC filing |
| Q1 2026 | $71.00 | $2.37 | $18.05 | SEC filing |
| Q4 2025 | $62.21 | $2.84 | $22.47 | SEC filing |
| Q3 2025 | $63.07 | $2.49 | $22.53 | SEC filing |
| Q2 2025 | $61.47 | $2.71 | $22.59 | SEC filing |
| Q1 2025 | $67.64 | $3.18 | $25.43 | SEC filing |
SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
15 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Aug 2026No report | – | – | – | – | – | $83.90 | $2.78 |
| Jul 2026Crescent Energy | 8,899 | 8,834 | 45,244 | 39,857 | 612 | $80.46 | $2.89 |
| Jun 2026Crescent Energy | 8,951 | 9,017 | 46,224 | 41,092 | 617 | $84.81 | $3.15 |
| May 2026Crescent Energy | 10,417 | 10,378 | 62,635 | 50,327 | 592 | $102.13 | $2.94 |
| Apr 2026Crescent Energy | 11,202 | 11,245 | 55,943 | 48,818 | 800 | $100.32 | $2.77 |
| Mar 2026Crescent Energy | 13,491 | 13,427 | 67,672 | 58,730 | 1,382 | $91.38 | $3.04 |
| Feb 2026Crescent Energy | 12,498 | 12,704 | 59,527 | 50,750 | 1,114 | $64.51 | $3.62 |
| Jan 2026Crescent Energy | 14,688 | 14,663 | 65,998 | 56,846 | 1,102 | $60.04 | $7.72 |
| Dec 2025Vital Energy, | 17,611 | 17,566 | 67,045 | 57,839 | 705 | $57.97 | $4.26 |
| Nov 2025Vital Energy, | 14,007 | 14,049 | 51,385 | 44,306 | 468 | $60.06 | $3.79 |
| Oct 2025Vital Energy, | 17,179 | 17,141 | 53,433 | 46,083 | 6,851 | $60.89 | $3.19 |
| Sep 2025Vital Energy, | 22,044 | 21,962 | 63,544 | 54,821 | 1,307 | $63.96 | $2.97 |
| Aug 2025Vital Energy, | 24,940 | 24,877 | 53,688 | 46,940 | 1,068 | $64.86 | $2.91 |
| Jul 2025Vital Energy, | 26,826 | 26,896 | 54,093 | 47,917 | 185 | $68.39 | $3.20 |
| Jun 2025Vital Energy, | 6,108 | 5,902 | 9,139 | 6,481 | 1,824 | $68.17 | $3.02 |
No report filed Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsNearby
This lease belongs to
Crescent Energy Operating, LLC in Reeves County
- EMILY BOSS
227,099 bbl
- CLORETTE DEPASTO 3-11 UNIT
147,681 bbl
- FAT CHANCE STATE F
184,979 bbl
- WOODS
167,541 bbl
- D-DAY 106-105 UNIT
143,968 bbl
- TELLER 186
143,143 bbl
- VERANCIA 50-26-27 UNIT 2 WA
144,736 bbl
- BLACK BEAR STATE D
142,566 bbl
- LYNX E
124,579 bbl
- PINTO 2-11 UNIT C
85,984 bbl
Wolfbone (Trend Area) field
- REV DAGGER POD T8-51-18
208,332 bbl
- REV WOR 5/49 UNIT A
159,737 bbl
- ROCKFISH NORTH E
189,321 bbl
- REV CON T8-51-7 UNIT
178,410 bbl
- REDFISH UNIT 12B
174,685 bbl
- REV HATCH T8-52-16
175,801 bbl
- REV PEPPER X STATE T8-52-12 UNIT
177,026 bbl
- WEBSTER STATE 20-17 D
168,953 bbl
- BEXAR 11-14 EAST UNIT
163,526 bbl
- WEBSTER STATE 20-17 J
166,473 bbl
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Drilling permits within 10 km
ROUGH RIDER UNIT #4505H
recompletion · horizontal · Scout Energy Management LLC · Reeves County · 5.5 km
Permit 0915983 · May 29, 2026
BIG GEORGE 180 #7H
new drill · horizontal · Crescent Energy Operating, LLC · Reeves County · 4.8 km
Permit 0915325 · May 6, 2026
BIG GEORGE 180 #6H
new drill · horizontal · Crescent Energy Operating, LLC · Reeves County · 4.8 km
Permit 0915199 · May 5, 2026
BIG GEORGE 180 #4H
new drill · horizontal · Crescent Energy Operating, LLC · Reeves County · 4.8 km
Permit 0915134 · Apr 30, 2026
BIG GEORGE 180 #5H
new drill · horizontal · Crescent Energy Operating, LLC · Reeves County · 4.8 km
Permit 0915160 · Apr 30, 2026