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Texas oil lease

Producing

CALVERLEY 4

Calverley 4 is an oil lease in Glasscock County, Texas, operated by Crescent Energy Operating, LLC in the Garden City, S. (Wolfcamp) field.

5 wells

1,519bbl oil, last 12 months−41% vs prior year
RRC lease
08-40153

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
27,830 mcf
Oil in Jun 2026
30 bbl

Production by month

Oil output fell 41% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for CALVERLEY 4, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 1,390 bbl in the 12 months through Jul 2026, against 2,376 bbl in the 12 months before.Last 12 months: 1,390 bblbbl per monthmcf per month001002,0002004,0003006,0004008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for CALVERLEY 4, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 1,390 bbl in the 12 months through Jul 2026, against 2,376 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002,0002004,0003006,0004008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2026 the lease's gas goes to lease fuel instead of a transmission line

Flaring peaked at 4.3% of the gas in Aug 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jun 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of CALVERLEY 4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 4.3% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2026: line to fuelFlared 4.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of CALVERLEY 4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 4.3% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Jun 26: line to fuelFlared 4.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    72% · 20,030 mcf

  • Lease fuel (1)

    28% · 7,800 mcf

Who has run this lease

The operator changed 2 times, most recently in Jan 2026

Operators of this lease over timeLaredo Petroleum, Inc., Jan 2020 to Jan 2023; Vital Energy, Inc., Feb 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2023Changed Jan 2026Laredo Petroleum, Inc.Jan 2020 to Jan 2023Vital Energy, Inc.Feb 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeLaredo Petroleum, Inc., Jan 2020 to Jan 2023; Vital Energy, Inc., Feb 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2023Changed Jan 2026Laredo Petroleum, Inc.Jan 2020 to Jan 2023Vital Energy, Inc.Feb 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on CALVERLEY 4
API numberWell no.Status
42-173-335962Active
42-173-337733Shut-in
42-173-338404Active
42-173-338911Active
42-173-345825HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Trafigura Trading LLCOilGathers100Mar 9, 2023–
Enlink Gas Marketing, LPCasinghead gasBuys100Mar 9, 2023–
Vital Midstream Services, LLCCasinghead gasGathers100Mar 9, 2023–
Laredo Midstream Services, LLCCasinghead gasGathers34Mar 1, 2016Mar 9, 2023
Targa Midstream Services LLCCasinghead gasGathers33Mar 1, 2016Mar 9, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers33Mar 1, 2016Mar 9, 2023
Coronado Midstream LLCCasinghead gasBuys25Mar 1, 2016Mar 9, 2023
Dcp Midstream Marketing, LLCCasinghead gasBuys25Mar 1, 2016Mar 9, 2023
Targa Midstream Services LLCCasinghead gasBuys25Mar 1, 2016Mar 9, 2023

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

596.80 acres on the newest permit

Permits for Calverley 4
API numberWell no.Acreson the permit
42-173-345825H596.80
42-173-338911596.80
42-173-338404596.80
42-173-337733596.80
42-173-335962596.80

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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

36 months, newest first

Ledger for CALVERLEY 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy3018451700$84.81$3.15
May 2026Crescent Energy22201,7341,0520$102.13$2.94
Apr 2026Crescent Energy1191849893290$100.32$2.77
Mar 2026Crescent Energy231859983160$91.38$3.04
Feb 2026Crescent Energy22112,1181,5020$64.51$3.62
Jan 2026Crescent Energy12202,2031,5430$60.04$7.72
Dec 2025Vital Energy,1471811,9641,3040$57.97$4.26
Nov 2025Vital Energy,921913,4392,7790$60.06$3.79
Oct 2025Vital Energy,1272963,0292,3900$60.89$3.19
Sep 2025Vital Energy,8603,4692,8090$63.96$2.97
Aug 2025Vital Energy,2011873,8643,1820$64.86$2.91
Jul 2025Vital Energy,1291893,5062,8240$68.39$3.20
Jun 2025Vital Energy,1911823,0712,4110$68.17$3.02
May 2025Vital Energy,2393803,2872,6050$62.17$3.12
Apr 2025Vital Energy,2331882,8642,2040$63.54$3.42
Mar 2025Vital Energy,2341901,9681,2950$68.24$4.12
Feb 2025Vital Energy,1871811,4979680$71.53$4.19
Jan 2025Vital Energy,17518161200$75.74$4.13
Dec 2024Vital Energy,12118564900$70.12$3.01
Nov 2024Vital Energy,2461941,8741,2140$69.95$2.12
Oct 2024Vital Energy,2731842,3191,6370$71.99$2.20
Sep 2024Vital Energy,21818564100$70.24$2.28
Aug 2024Vital Energy,130193701030$76.68$1.99
Jul 2024Vital Energy,16918765908$81.80$2.07
Jun 2024Vital Energy,1941871,1225190$79.77$2.54
May 2024Vital Energy,11201,3176460$80.02$2.12
Apr 2024Vital Energy,1741882,2111,5950$85.35$1.60
Mar 2024Vital Energy,2143783,9443,2620$81.28$1.49
Feb 2024Vital Energy,1781862,8872,3750$77.25$1.72
Jan 2024Vital Energy,2021743,8583,3310$74.15$3.18
Dec 2023Vital Energy,2171894,4643,8480$71.90$2.52
Nov 2023Vital Energy,2291884,3253,7300$77.69$2.71
Oct 2023Vital Energy,2261874,4193,8270$85.64$2.98
Sep 2023Vital Energy,2533375,7975,1690$89.43$2.64
Aug 2023Vital Energy,2703525,7245,0960$81.39$2.58

No report filed Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Crescent Energy Operating, LLC in Glasscock County

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Garden City, S. (Wolfcamp) field

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