Texas oil lease
ProducingELIZABETH G
Elizabeth G is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Phantom (Wolfcamp) field.
1 well
- Operator
- Crescent Energy Operating, LLC
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-62069
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 164,638 mcf
- Oil in Jun 2026
- 2,694 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: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 73% over the last 12 months
Jul 2026 was not reported.
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
98% of the gas went to a transmission line in the last 12 months
Flaring peaked at 22.0% of the gas in Oct 2024.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 160,840 mcf
Flared (4)
2.3% · 3,754 mcf
Lease fuel (1)
0.0% · 44 mcf
2.3% of the gas flared in the last 12 months. 10 months above 3%.
Who has run this lease
The operator changed once, most recently in Jan 2026
- Crescent Energy Operating, LLC Jan 2026 to Jun 2026
- Vital Energy, Inc. Aug 2024 to Dec 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-41006 | 1B | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Pipeline L.p. | Oil | Gathers | 100 | Aug 1, 2024 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Mar 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Aug 1, 2024 | – |
| Etc Gas Processing, LLC | Casinghead gas | Buys | 100 | Aug 1, 2024 | Mar 1, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
995 acres on the newest permit
- Worth asking
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.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-41006 | 1B | Jan 12, 2024 | Aug 7, 2024 | 995 |
What Crescent Energy Company told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q1 2026 | $71.00 | $2.37 | $18.05 | SEC filing |
| Q4 2025 | $62.21 | $2.84 | $22.47 | SEC filing |
| Q3 2025 | $63.07 | $2.49 | $22.53 | SEC filing |
| Q2 2025 | $61.47 | $2.71 | $22.59 | SEC filing |
| Q1 2025 | $67.64 | $3.18 | $25.43 | SEC filing |
| Q4 2024 | $67.51 | $2.27 | $23.08 | SEC filing |
SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
24 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026No report | – | – | – | – | – | $80.46 | $2.89 |
| Jun 2026Crescent Energy | 2,694 | 2,718 | 10,698 | 10,556 | 142 | $84.81 | $3.15 |
| May 2026Crescent Energy | 2,855 | 2,826 | 12,707 | 12,675 | 32 | $102.13 | $2.94 |
| Apr 2026Crescent Energy | 3,321 | 3,323 | 13,110 | 13,110 | 0 | $100.32 | $2.77 |
| Mar 2026Crescent Energy | 3,936 | 3,939 | 12,869 | 12,857 | 12 | $91.38 | $3.04 |
| Feb 2026Crescent Energy | 3,848 | 3,888 | 12,675 | 12,582 | 93 | $64.51 | $3.62 |
| Jan 2026Crescent Energy | 3,854 | 3,791 | 13,535 | 13,444 | 91 | $60.04 | $7.72 |
| Dec 2025Vital Energy, | 3,707 | 3,759 | 13,361 | 12,849 | 512 | $57.97 | $4.26 |
| Nov 2025Vital Energy, | 4,095 | 4,084 | 13,948 | 13,720 | 228 | $60.06 | $3.79 |
| Oct 2025Vital Energy, | 4,325 | 4,307 | 16,309 | 15,507 | 802 | $60.89 | $3.19 |
| Sep 2025Vital Energy, | 4,670 | 4,773 | 12,433 | 12,278 | 155 | $63.96 | $2.97 |
| Aug 2025Vital Energy, | 4,621 | 4,527 | 14,755 | 13,191 | 1,520 | $64.86 | $2.91 |
| Jul 2025Vital Energy, | 5,973 | 5,963 | 18,238 | 18,071 | 167 | $68.39 | $3.20 |
| Jun 2025Vital Energy, | 6,062 | 6,067 | 19,103 | 18,296 | 807 | $68.17 | $3.02 |
| May 2025Vital Energy, | 6,935 | 6,950 | 18,700 | 16,867 | 1,833 | $62.17 | $3.12 |
| Apr 2025Vital Energy, | 7,877 | 7,901 | 25,845 | 25,624 | 221 | $63.54 | $3.42 |
| Mar 2025Vital Energy, | 9,505 | 9,521 | 29,571 | 28,380 | 1,191 | $68.24 | $4.12 |
| Feb 2025Vital Energy, | 5,627 | 5,682 | 16,126 | 16,113 | 13 | $71.53 | $4.19 |
| Jan 2025Vital Energy, | 8,632 | 8,600 | 27,873 | 27,524 | 349 | $75.74 | $4.13 |
| Dec 2024Vital Energy, | 9,114 | 9,119 | 34,728 | 32,320 | 2,408 | $70.12 | $3.01 |
| Nov 2024Vital Energy, | 14,643 | 14,757 | 49,255 | 45,468 | 3,787 | $69.95 | $2.12 |
| Oct 2024Vital Energy, | 19,062 | 19,184 | 48,496 | 37,829 | 10,667 | $71.99 | $2.20 |
| Sep 2024Vital Energy, | 26,984 | 26,771 | 59,736 | 59,331 | 356 | $70.24 | $2.28 |
| Aug 2024Vital Energy, | 35,515 | 35,358 | 59,455 | 55,372 | 4,040 | $76.68 | $1.99 |
No report filed Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Crescent Energy Operating, LLC in Reeves County
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