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Texas gas well

Producing

COPPERHEAD 23

Copperhead 23 is a gas well in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Phantom (Wolfcamp) field.

Gas well dossier

18,522mcf gas, last 12 months−23% vs prior year
Operator
Crescent Energy Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-289064

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
3,636 bbl
Gas in Jun 2026
1,649 mcf

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

Gas output fell 23% over the last 12 months

Jul 2026 was not reported.

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 23% over the last 12 monthsMonthly gas production and oil for COPPERHEAD 23, Aug 2023 to Jul 2026. Gas output fell 23% over the last 12 months. 18,522 mcf in the 12 months through Jul 2026, against 24,025 mcf in the 12 months before.Last 12 months: 18,522 mcfmcf per monthbbl per month002,5002005,0004007,50060010k80012.5k1,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 23% over the last 12 monthsMonthly gas production and oil for COPPERHEAD 23, Aug 2023 to Jul 2026. Gas output fell 23% over the last 12 months. 18,522 mcf in the 12 months through Jul 2026, against 24,025 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,5002005,0004007,50060010k80012.5k1,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 74.7% of the gas in Jan 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuelShare of COPPERHEAD 23 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 74.7% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2026: fuel to lineFlared 74.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuelShare of COPPERHEAD 23 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 74.7% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Mar 26: fuel to lineFlared 74.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    62% · 18,054 mcf

  • Transmission line (2)

    34% · 9,924 mcf

  • Flared (4)

    3.3% · 948 mcf

3.3% of the gas flared in the last 12 months. 8 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Jan 2026

Operators of this lease over timeMDC Texas Operator LLC, Jan 2020 to Aug 2021; Maple Energy Holdings, LLC, Sep 2021 to Sep 2023; Vital Energy, Inc., Oct 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Sep 2021Changed Oct 2023Changed Jan 2026MDC Texas Operator LLCJan 2020 to Aug 2021Maple Energy Holdings, LLCSep 2021 to Sep 2023Vital Energy, Inc.Oct 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeMDC Texas Operator LLC, Jan 2020 to Aug 2021; Maple Energy Holdings, LLC, Sep 2021 to Sep 2023; Vital Energy, Inc., Oct 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Sep 2021Changed Oct 2023Changed Jan 2026MDC Texas Operator LLCJan 2020 to Aug 2021Maple Energy Holdings, LLCSep 2021 to Sep 2023Vital Energy, Inc.Oct 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.CondensateGathers100Jun 1, 2025–
Energy Transfer CompanyGas-well gasBuys100Nov 26, 2014–
Energy Transfer CompanyGas-well gasGathers100Nov 26, 2014–
Gulfmark Energy, Inc.CondensateGathers100Jul 1, 2024Jun 1, 2025
Oasis Transp & Marketing Corp.CondensateGathers100Feb 1, 2024Jul 1, 2024
Bml, Inc. BCondensateGathers25Nov 26, 2014Feb 1, 2024
Chevron U. S. A. Inc.CondensateGathers25Nov 26, 2014Feb 1, 2024
Enterprise Crude Oil LLCCondensateGathers25Nov 26, 2014Feb 1, 2024
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers25Nov 26, 2014Feb 1, 2024

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

Who buys my oilOil price check

703.88 acres on the newest permit

Check your decimal on this lease
Permits for Copperhead 23
API numberWell no.Acreson the permit
42-389-343831H703.88

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

36 months, newest first

Ledger for COPPERHEAD 23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy3233731,6491,6490$84.81$3.15
May 2026Crescent Energy34908668660$102.13$2.94
Apr 2026Crescent Energy3733649179170$100.32$2.77
Mar 2026Crescent Energy4495462,2192,2190$91.38$3.04
Feb 2026Crescent Energy281370000$64.51$3.62
Jan 2026Crescent Energy317381000$60.04$7.72
Dec 2025Vital Energy,3835414,01900$57.97$4.26
Nov 2025Vital Energy,5233792,59800$60.06$3.79
Oct 2025Vital Energy,5133113,8257060$60.89$3.19
Sep 2025Vital Energy,12502,42900$63.96$2.97
Aug 2025Vital Energy,00000$64.86$2.91
Jul 2025Vital Energy,00000$68.39$3.20
Jun 2025Vital Energy,040000$68.17$3.02
May 2025Vital Energy,00000$62.17$3.12
Apr 2025Vital Energy,00000$63.54$3.42
Mar 2025Vital Energy,00000$68.24$4.12
Feb 2025Vital Energy,691732,407018$71.53$4.19
Jan 2025Vital Energy,2001,2020898$75.74$4.13
Dec 2024Vital Energy,4701,8507230$70.12$3.01
Nov 2024Vital Energy,2944644,9452,84432$69.95$2.12
Oct 2024Vital Energy,2311854,9722,985163$71.99$2.20
Sep 2024Vital Energy,3012844,2452,70874$70.24$2.28
Aug 2024Vital Energy,5174684,4042,58349$76.68$1.99
Jul 2024Vital Energy,3672764,9523,2010$81.80$2.07
Jun 2024Vital Energy,5575775,5533,7830$79.77$2.54
May 2024Vital Energy,4554955,4753,70520$80.02$2.12
Apr 2024Vital Energy,4354003,5222,389168$85.35$1.60
Mar 2024Vital Energy,3393426,3464,84765$81.28$1.49
Feb 2024Vital Energy,3424103,5622,1820$77.25$1.72
Jan 2024Vital Energy,3052134,2732,480668$74.15$3.18
Dec 2023Vital Energy,2412617,1355,70344$71.90$2.52
Nov 2023Vital Energy,3553148,4536,627366$77.69$2.71
Oct 2023Vital Energy,5795929,9108,0631,582$85.64$2.98
Sep 2023Maple Energy6856778,9598,308405$89.43$2.64
Aug 2023Maple Energy77183310,5978,2402,072$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, LLCFieldPhantom (Wolfcamp)CountyReeves County

Crescent Energy Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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