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Producing

CRAVEN, P.L.

Craven, P.l. is an oil lease in Glasscock County, Texas, operated by P1 Energy, LLC in the Spraberry (Trend Area) field.

4 wells

2,166bbl oil, last 12 months−51% vs prior year
Operator
P1 Energy, LLC
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-43797

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
19,036 mcf
Oil in Jun 2026
217 bbl

Production by month

Oil output fell 51% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for CRAVEN, P.L., Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 1,801 bbl in the 12 months through Jul 2026, against 3,652 bbl in the 12 months before.Last 12 months: 1,801 bblbbl per monthmcf per month001001,0002002,0003003,0004004,0005005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for CRAVEN, P.L., Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 1,801 bbl in the 12 months through Jul 2026, against 3,652 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,0005005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of CRAVEN, P.L. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of CRAVEN, P.L. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Jan 2023

Operators of this lease over timeIndependence Resources Mgmt, LLC, Jan 2020 to Mar 2021; Earthstone Operating, LLC, Apr 2021 to Dec 2022; P1 Energy, LLC, Jan 2023 to Jun 20262020202120222023202420252026Changed Apr 2021Changed Jan 2023Independence Resources Mgmt,…Jan 2020 to Mar 2021Earthstone Operating, LLCApr 2021 to Dec 2022P1 Energy, LLCJan 2023 to now
Operators of this lease over timeIndependence Resources Mgmt, LLC, Jan 2020 to Mar 2021; Earthstone Operating, LLC, Apr 2021 to Dec 2022; P1 Energy, LLC, Jan 2023 to Jun 20262020202120222023202420252026Changed Apr 2021Changed Jan 2023Independence Resources Mgmt, LLCJan 2020 to Mar 2021Earthstone Operating, LLCApr 2021 to Dec 2022P1 Energy, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on CRAVEN, P.L.
API numberWell no.Status
42-173-310991Shut-in
42-173-312972Active
42-173-355353Active
42-173-355364Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Jul 1, 2023–
Targa Midstream Services LLCCasinghead gasBuys100Aug 1, 2015–
Targa Midstream Services LLCCasinghead gasGathers100Apr 19, 2013–
Rio Energy International, Inc.OilGathers100Jul 1, 2021Jul 1, 2023
Transoil Marketing, LLCOilGathers100Mar 1, 2021Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Aug 1, 2015Mar 1, 2021

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

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160 acres on the newest permit

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Permits for Craven, P.l.
API numberWell no.Acreson the permit
42-173-310991160
42-173-312972160
42-173-355353160
42-173-355364160

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

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36 months, newest first

Ledger for CRAVEN, P.L.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026P1 Energy,2171791,4641,4640$84.81$3.15
May 2026P1 Energy,3293641,5771,5770$102.13$2.94
Apr 2026P1 Energy,7201,2171,2170$100.32$2.77
Mar 2026P1 Energy,8701,3071,3070$91.38$3.04
Feb 2026P1 Energy,921821,2211,2210$64.51$3.62
Jan 2026P1 Energy,17101,4241,4240$60.04$7.72
Dec 2025P1 Energy,0951,5151,5150$57.97$4.26
Nov 2025P1 Energy,1151714964960$60.06$3.79
Oct 2025P1 Energy,2513541,8561,8560$60.89$3.19
Sep 2025P1 Energy,002,0212,0210$63.96$2.97
Aug 2025P1 Energy,4675332,3752,3750$64.86$2.91
Jul 2025P1 Energy,3653542,5632,5630$68.39$3.20
Jun 2025P1 Energy,19901,6651,6650$68.17$3.02
May 2025P1 Energy,1603452,0082,0080$62.17$3.12
Apr 2025P1 Energy,2771822,4432,4430$63.54$3.42
Mar 2025P1 Energy,3253562,4922,4920$68.24$4.12
Feb 2025P1 Energy,3383542,2352,2350$71.53$4.19
Jan 2025P1 Energy,4023562,6032,6030$75.74$4.13
Dec 2024P1 Energy,4635403,0543,0540$70.12$3.01
Nov 2024P1 Energy,4083582,9962,9960$69.95$2.12
Oct 2024P1 Energy,3653681,8381,8380$71.99$2.20
Sep 2024P1 Energy,1681701,3391,3390$70.24$2.28
Aug 2024P1 Energy,1821701,4231,4230$76.68$1.99
Jul 2024P1 Energy,1811881,3481,3480$81.80$2.07
Jun 2024P1 Energy,1971831,6481,6480$79.77$2.54
May 2024P1 Energy,2121591,6861,6860$80.02$2.12
Apr 2024P1 Energy,2191841,7091,7090$85.35$1.60
Mar 2024P1 Energy,2793531,8031,8030$81.28$1.49
Feb 2024P1 Energy,2671891,6281,6280$77.25$1.72
Jan 2024P1 Energy,2771871,6711,6710$74.15$3.18
Dec 2023P1 Energy,1783681,5141,5140$71.90$2.52
Nov 2023P1 Energy,1911691,5171,5170$77.69$2.71
Oct 2023P1 Energy,2251861,6781,6780$85.64$2.98
Sep 2023P1 Energy,2321761,5441,5440$89.43$2.64
Aug 2023P1 Energy,2403601,6561,6560$81.39$2.58

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorP1 Energy, LLCFieldSpraberry (Trend Area)CountyGlasscock County

P1 Energy, LLC in Glasscock County

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Spraberry (Trend Area) field

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