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Texas oil lease

Producing

CASINO ROYALE STATE

Casino Royale State is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Hoefs T-K (Wolfcamp) field.

1 well

3,775bbl oil, last 12 months−61% vs prior year
Operator
Crescent Energy Operating, LLC
County
Reeves County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-46615

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
6,039 mcf
Oil in Jun 2026
234 bbl

Checks stopped on this lease?

  • Operator

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

  • Buyer

    Buyer changed: KINETIK HOLDINGS LP replaced EAGLECLAW MIDSTREAM VENTURES,LLC as the buyer of this lease's gas from oil wells on Jan 1, 2025.

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

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Production by month

Oil output fell 61% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for CASINO ROYALE STATE, Aug 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 3,275 bbl in the 12 months through Jul 2026, against 8,473 bbl in the 12 months before.Last 12 months: 3,275 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for CASINO ROYALE STATE, Aug 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 3,275 bbl in the 12 months through Jul 2026, against 8,473 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 6.4% of the gas in Jun 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plantShare of CASINO ROYALE STATE gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 6.4% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2023: plant to lineFlared 6.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plantShare of CASINO ROYALE STATE gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 6.4% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Nov 23: plant to lineFlared 6.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 5,976 mcf

  • Flared (4)

    1.0% · 63 mcf

1.0% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed 3 times, most recently in Jan 2026

Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Sep 2021; Henry Resources LLC, Oct 2021 to Jul 2023; Vital Energy, Inc., Aug 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Oct 2021Changed Aug 2023Changed Jan 2026Centennial Resource Prod, LLCJan 2020 to Sep 2021Henry Resources LLCOct 2021 to Jul 2023Vital Energy, Inc.Aug 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeCentennial Resource Prod, LLC, Jan 2020 to Sep 2021; Henry Resources LLC, Oct 2021 to Jul 2023; Vital Energy, Inc., Aug 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Oct 2021Changed Aug 2023Changed Jan 2026Centennial Resource Prod, LLCJan 2020 to Sep 2021Henry Resources LLCOct 2021 to Jul 2023Vital Energy, Inc.Aug 2023 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 CASINO ROYALE STATE
API numberWell no.Status
42-389-341721HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Rio Energy International, Inc.OilGathers100Oct 1, 2021–
Kinetik Holdings LPCasinghead gasBuys100Jan 1, 2025–
Kinetik Holdings LPCasinghead gasGathers100Jan 1, 2025–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Apr 1, 2018Jan 1, 2025
Eagleclaw Midstream Ventures,llcCasinghead gasBuys100Apr 1, 2018Jan 1, 2025
Bp Products North America Inc.OilGathers100Apr 1, 2018Oct 1, 2021

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

Who buys my oilOil price check

640 acres on the newest permit

Check your decimal on this lease
Permits for Casino Royale State
API numberWell no.Acreson the permit
42-389-341721H640

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

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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 CASINO ROYALE STATE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy23427349846632$84.81$3.15
May 2026Crescent Energy2802037897854$102.13$2.94
Apr 2026Crescent Energy2933696386380$100.32$2.77
Mar 2026Crescent Energy2563453383380$91.38$3.04
Feb 2026Crescent Energy2441803163160$64.51$3.62
Jan 2026Crescent Energy2842034424420$60.04$7.72
Dec 2025Vital Energy,30946557355716$57.97$4.26
Nov 2025Vital Energy,5153765595590$60.06$3.79
Oct 2025Vital Energy,1181883603600$60.89$3.19
Sep 2025Vital Energy,3403954764760$63.96$2.97
Aug 2025Vital Energy,4023805065060$64.86$2.91
Jul 2025Vital Energy,50052254453311$68.39$3.20
Jun 2025Vital Energy,7698036286280$68.17$3.02
May 2025Vital Energy,7781,2588958941$62.17$3.12
Apr 2025Vital Energy,1,2469301,0801,0800$63.54$3.42
Mar 2025Vital Energy,6073814494490$68.24$4.12
Feb 2025Vital Energy,2451813273270$71.53$4.19
Jan 2025Vital Energy,4535437627620$75.74$4.13
Dec 2024Vital Energy,5447148878870$70.12$3.01
Nov 2024Vital Energy,6283518708700$69.95$2.12
Oct 2024Vital Energy,8991,1811,0801,0800$71.99$2.20
Sep 2024Vital Energy,1,6201,6173493490$70.24$2.28
Aug 2024Vital Energy,184020200$76.68$1.99
Jul 2024Vital Energy,00000$81.80$2.07
Jun 2024Vital Energy,89020200$79.77$2.54
May 2024Vital Energy,1732968478470$80.02$2.12
Apr 2024Vital Energy,2493741,0621,0620$85.35$1.60
Mar 2024Vital Energy,5295431,4281,4280$81.28$1.49
Feb 2024Vital Energy,3353608478470$77.25$1.72
Jan 2024Vital Energy,3673811,2971,2970$74.15$3.18
Dec 2023Vital Energy,3643761,5971,5970$71.90$2.52
Nov 2023Vital Energy,2985511,5461,5460$77.69$2.71
Oct 2023Vital Energy,4941841,0311,0010$85.64$2.98
Sep 2023Vital Energy,1953631,6491,6190$89.43$2.64
Aug 2023Vital Energy,3935131,8191,78710$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 Oct 2, 2026.

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Nearby

This lease belongs to

OperatorCrescent Energy Operating, LLCFieldHoefs T-K (Wolfcamp)CountyReeves County

Crescent Energy Operating, LLC in Reeves County

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Hoefs T-K (Wolfcamp) field

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