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Royalty Clerk

Texas oil lease · RRC district 7C · Lease 19385

Producing

D SCHAEFER OU 15-47 (ALLOC-E)

D Schaefer Ou 15-47 (Alloc-E) is an oil lease in Reagan County, Texas, operated by Crescent Energy Operating, LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 9,015 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 2 wells

9,015bbl oil, last 12 months−29% vs prior year
Operator
Crescent Energy Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-19385

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County · RRC district 7COpen Reagan County →
Gas, last 12 months
428,533 mcf
Oil in Jun 2026
699 bbl
Reporting to the state
since Jan 2020
Wells
2

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 29% over the last 12 months

8,130 bbl in the 12 months through Jul 2026, against 11,418 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for D SCHAEFER OU 15-47 (ALLOC-E), Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 8,130 bbl in the 12 months through Jul 2026, against 11,418 bbl in the 12 months before.Last 12 months: 8,130 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040k2,50050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for D SCHAEFER OU 15-47 (ALLOC-E), Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 8,130 bbl in the 12 months through Jul 2026, against 11,418 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040k2,50050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 19385, district 7C. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

97% of the gas went to a transmission line in the last 12 months

Flaring peaked at 5.3% of the gas in May 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a transmission line in the last 12 monthsShare of D SCHAEFER OU 15-47 (ALLOC-E) gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.3% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a transmission line in the last 12 monthsShare of D SCHAEFER OU 15-47 (ALLOC-E) gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.3% of the gas in May 2026.Share of gas by disposition code0%50%100%Flared 5.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 19385, district 7C. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.6% of the gas was flared. One month went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed 2 times, most recently in Jan 2026

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

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, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 19385 in district 7C. The API number is the state’s ID for a well.
Wells on D SCHAEFER OU 15-47 (ALLOC-E)
API numberWell no.Status
42-173-380935SMActive
42-383-396305RUActive

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 19385.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Medallion Operating Company, LLC gathers it.

    100% of it, on the list since Mar 9, 2023

  • Gas from oil wells

    Targa Midstream Services LLC buys it; Vital Midstream Services, LLC gathers it.

    Targa Midstream Services LLC buys it: 100% of it, on the list since Mar 9, 2023 · Vital Midstream Services, LLC gathers it: 100% of it, on the list since Mar 9, 2023

Companies that used to be listed: Laredo Midstream Services, LLC (gathers it, until Mar 9, 2023); Targa Midstream Services LLC (gathers it, until Mar 9, 2023); Targa Pl Mid-Cont Westtex LLC (gathers it, until Mar 9, 2023); Coronado Midstream LLC (buys it, until Mar 9, 2023); Targa Midstream Services LLC (buys it, until Mar 9, 2023); Targa Pl Mid-Cont Westtex LLC (buys it, until Mar 9, 2023).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

642.25 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
22 not plugged
Horizontal
2
First completion
Jun 26, 2016
Latest permit
Feb 8, 2019

An allocation well is on this lease

A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Wells and acres on the permits for D Schaefer Ou 15-47 (Alloc-E)
API numberWell no.Acreson the permit
42-173-380935SM642.25
42-383-396305RU642.25

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Crescent Energy Company told investors it received

Crescent Energy Operating, LLC is linked to Crescent Energy Company (CRGY). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says D SCHAEFER OU 15-47 (ALLOC-E) sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for D SCHAEFER OU 15-47 (ALLOC-E)
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy69968736,83035,341593$84.81$3.15
May 2026Crescent Energy69272236,62333,8261,948$102.13$2.94
Apr 2026Crescent Energy83779836,03035,1701$100.32$2.77
Mar 2026Crescent Energy87988237,00436,1350$91.38$3.04
Feb 2026Crescent Energy77978933,28832,5110$64.51$3.62
Jan 2026Crescent Energy18619330,65329,8320$60.04$7.72
Dec 2025Vital Energy,85284234,05633,3530$57.97$4.26
Nov 2025Vital Energy,79378234,45033,7600$60.06$3.79
Oct 2025Vital Energy,79581134,81434,1240$60.89$3.19
Sep 2025Vital Energy,77477236,93036,4460$63.96$2.97
Aug 2025Vital Energy,84482738,29337,5800$64.86$2.91
Jul 2025Vital Energy,88589739,56238,8810$68.39$3.20
Jun 2025Vital Energy,99498838,09237,4020$68.17$3.02
May 2025Vital Energy,1,0421,03532,90432,1960$62.17$3.12
Apr 2025Vital Energy,82182424,13123,4620$63.54$3.42
Mar 2025Vital Energy,71972625,70825,0410$68.24$4.12
Feb 2025Vital Energy,76075126,42925,7990$71.53$4.19
Jan 2025Vital Energy,89590628,30127,5890$75.74$4.13
Dec 2024Vital Energy,78280527,60926,88610$70.12$3.01
Nov 2024Vital Energy,1,0391,01723,23722,6550$69.95$2.12
Oct 2024Vital Energy,1,1551,17927,99027,3350$71.99$2.20
Sep 2024Vital Energy,1,1481,15340,90240,2120$70.24$2.28
Aug 2024Vital Energy,1,1781,16640,27539,5575$76.68$1.99
Jul 2024Vital Energy,1,3311,32047,15746,4440$81.80$2.07
Jun 2024Vital Energy,1,2891,30739,16938,4790$79.77$2.54
May 2024Vital Energy,1,1491,12433,70733,0280$80.02$2.12
Apr 2024Vital Energy,1,3971,38031,35730,6780$85.35$1.60
Mar 2024Vital Energy,99199017,25116,6790$81.28$1.49
Feb 2024Vital Energy,50651318,42717,7600$77.25$1.72
Jan 2024Vital Energy,70169720,78420,0850$74.15$3.18
Dec 2023Vital Energy,79182323,98323,3340$71.90$2.52
Nov 2023Vital Energy,79878125,79925,1090$77.69$2.71
Oct 2023Vital Energy,81182927,96527,2540$85.64$2.98
Sep 2023Vital Energy,67373927,21326,5470$89.43$2.64
Aug 2023Vital Energy,96286733,82033,1840$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Upload your statements for D SCHAEFER OU 15-47 (ALLOC-E). We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Crescent Energy Operating, LLC.

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorCrescent Energy Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

Crescent Energy Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jun 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 19385, district 7C, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.