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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

9,506mcf gas, last 12 months−54% vs prior year
Operator
Crescent Energy Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-290983

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
63 bbl
Gas in Jun 2026
0 mcf

Checks stopped on this lease?

  • Operator

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

  • Sales

    No sales reported for the last 6 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Gas output fell 54% over the last 12 months

Jul 2026 was not reported.

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 54% over the last 12 monthsMonthly gas production and oil for COPPERHEAD 23, Aug 2023 to Jul 2026. Gas output fell 54% over the last 12 months. 9,506 mcf in the 12 months through Jul 2026, against 20,453 mcf in the 12 months before.Last 12 months: 9,506 mcfmcf per monthbbl per month002,0002504,0005006,0007508,0001,00010k1,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 54% over the last 12 monthsMonthly gas production and oil for COPPERHEAD 23, Aug 2023 to Jul 2026. Gas output fell 54% over the last 12 months. 9,506 mcf in the 12 months through Jul 2026, against 20,453 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,0002504,0005006,0007508,0001,00010k1,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 18.9% of the gas in Aug 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jan 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 Jan 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 18.9% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jan 2026: fuel to lineFlared 18.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jan 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 Jan 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 18.9% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Jan 26: fuel to lineFlared 18.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    67% · 20,204 mcf

  • Transmission line (2)

    32% · 9,488 mcf

  • Flared (4)

    0.9% · 267 mcf

0.9% of the gas flared in the last 12 months. 6 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 gasBuys100Feb 25, 2019–
Energy Transfer CompanyGas-well gasGathers100Feb 25, 2019–
Gulfmark Energy, Inc.CondensateGathers100Jul 1, 2024Jun 1, 2025
Oasis Transp & Marketing Corp.CondensateGathers100Feb 1, 2024Jul 1, 2024
United Energy Trading LLCCondensateGathers100Oct 31, 2023Feb 1, 2024
Bml, Inc. BCondensateGathers20Feb 25, 2019Oct 31, 2023
Chevron U. S. A. Inc.CondensateGathers20Feb 25, 2019Oct 31, 2023
Enterprise Crude Oil LLCCondensateGathers20Feb 25, 2019Oct 31, 2023

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

Who buys my oilOil price check

703.88 acres on the newest permit

Permits for Copperhead 23
API numberWell no.Acreson the permit
42-389-376362H703.88

SourceRailroad Commission drilling permits, Sep 26, 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 Energy00000$84.81$3.15
May 2026Crescent Energy00000$102.13$2.94
Apr 2026Crescent Energy00000$100.32$2.77
Mar 2026Crescent Energy00000$91.38$3.04
Feb 2026Crescent Energy00000$64.51$3.62
Jan 2026Crescent Energy001911910$60.04$7.72
Dec 2025Vital Energy,001,35100$57.97$4.26
Nov 2025Vital Energy,002,77200$60.06$3.79
Oct 2025Vital Energy,0632,25100$60.89$3.19
Sep 2025Vital Energy,6302,94100$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,411722,638015$71.53$4.19
Jan 2025Vital Energy,1806393930$75.74$4.13
Dec 2024Vital Energy,4801,6583920$70.12$3.01
Nov 2024Vital Energy,2944413,9221,63732$69.95$2.12
Oct 2024Vital Energy,2071594,0872,176163$71.99$2.20
Sep 2024Vital Energy,2572673,3242,11710$70.24$2.28
Aug 2024Vital Energy,5234704,1852,58247$76.68$1.99
Jul 2024Vital Energy,3642864,8023,0560$81.80$2.07
Jun 2024Vital Energy,6446564,7512,9770$79.77$2.54
May 2024Vital Energy,4635356,1494,36422$80.02$2.12
Apr 2024Vital Energy,5555546,8355,692173$85.35$1.60
Mar 2024Vital Energy,6156128,6737,16071$81.28$1.49
Feb 2024Vital Energy,5887406,4985,1150$77.25$1.72
Jan 2024Vital Energy,5985145,1393,459614$74.15$3.18
Dec 2023Vital Energy,8788885,3413,89741$71.90$2.52
Nov 2023Vital Energy,9838597,0715,284338$77.69$2.71
Oct 2023Vital Energy,1,1221,1117,3146,324789$85.64$2.98
Sep 2023Maple Energy1,0341,0306,7186,176360$89.43$2.64
Aug 2023Maple Energy1,1281,1654,9713,900938$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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New drilling permits in Reeves County

Newest in the county: this lease has no coordinates.