Texas oil lease
ProducingFLOUNDER 136-135 UNIT W
Flounder 136-135 Unit W is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Hoefs T-K (Wolfcamp) field.
4 wells
- Operator
- Crescent Energy Operating, LLC
- County
- Reeves County
- Field
- Hoefs T-K (Wolfcamp)
- RRC lease
- 08-54629
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 263,878 mcf
- Oil in Jun 2026
- 3,626 bbl
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.
See why checks stop on this leaseProduction by month
Oil output fell 34% 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
Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 48.5% of the gas in Dec 2025.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
83% · 218,109 mcf
Flared (4)
17% · 45,769 mcf
17.3% of the gas flared in the last 12 months. 25 months above 3%.
Who has run this lease
The operator changed 2 times, most recently in Jan 2026
- Crescent Energy Operating, LLC Jan 2026 to Jun 2026
- Vital Energy, Inc. Jul 2023 to Dec 2025
- Tall City Operations III LLC Apr 2021 to Jun 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
4 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-39031 | 3H | Active |
| 42-389-40263 | 2H | Shut-in |
| 42-389-40264 | 2AH | Active |
| 42-389-40265 | 21H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Noble Energy INC | Oil | Gathers | 50 | Jul 1, 2023 | – |
| Rio Energy International, Inc. | Oil | Gathers | 50 | Jul 1, 2023 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Feb 1, 2023 | – |
| Noble Energy INC | Casinghead gas | Gathers | 100 | Feb 1, 2023 | – |
| Bml, Inc. B | Oil | Gathers | 20 | Apr 11, 2023 | Jul 1, 2023 |
| Dk Trading & Supply, LLC | Oil | Gathers | 20 | Apr 11, 2023 | Jul 1, 2023 |
| Energy Trans Crude Marketing LLC | Oil | Gathers | 20 | Apr 11, 2023 | Jul 1, 2023 |
| Gunvor USA LLC | Oil | Gathers | 20 | Apr 11, 2023 | Jul 1, 2023 |
| Noble Energy INC | Oil | Gathers | 20 | Apr 11, 2023 | Jul 1, 2023 |
| Dk Trading & Supply, LLC | Oil | Gathers | 5 | Feb 1, 2023 | Apr 11, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
480 acres on the newest permit
- 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 |
|---|---|---|---|---|
| 42-389-40263 | 2H | Oct 13, 2022 | Oct 23, 2022 | 480 |
| 42-389-40264 | 2AH | Oct 13, 2022 | Apr 8, 2023 | 480 |
| 42-389-40265 | 21H | Oct 13, 2022 | Apr 7, 2023 | 480 |
| 42-389-39031 | 3H | Mar 18, 2020 | Apr 11, 2020 | 480 |
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 | $23.08 | SEC filing |
SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026No report | – | – | – | – | – | $80.46 | $2.89 |
| Jun 2026Crescent Energy | 3,626 | 3,615 | 14,403 | 12,801 | 1,602 | $84.81 | $3.15 |
| May 2026Crescent Energy | 3,132 | 3,104 | 12,307 | 11,203 | 1,104 | $102.13 | $2.94 |
| Apr 2026Crescent Energy | 3,042 | 2,964 | 15,314 | 14,601 | 713 | $100.32 | $2.77 |
| Mar 2026Crescent Energy | 4,115 | 4,242 | 18,656 | 18,092 | 564 | $91.38 | $3.04 |
| Feb 2026Crescent Energy | 4,252 | 4,303 | 19,114 | 16,734 | 2,380 | $64.51 | $3.62 |
| Jan 2026Crescent Energy | 4,688 | 4,458 | 21,113 | 20,679 | 434 | $60.04 | $7.72 |
| Dec 2025Vital Energy, | 4,686 | 4,753 | 21,585 | 11,109 | 10,476 | $57.97 | $4.26 |
| Nov 2025Vital Energy, | 4,820 | 4,833 | 24,855 | 22,797 | 2,058 | $60.06 | $3.79 |
| Oct 2025Vital Energy, | 5,868 | 5,907 | 28,378 | 27,032 | 1,346 | $60.89 | $3.19 |
| Sep 2025Vital Energy, | 4,849 | 5,009 | 28,583 | 18,337 | 10,246 | $63.96 | $2.97 |
| Aug 2025Vital Energy, | 5,604 | 5,331 | 32,457 | 21,765 | 10,692 | $64.86 | $2.91 |
| Jul 2025Vital Energy, | 5,943 | 6,071 | 27,113 | 22,959 | 4,154 | $68.39 | $3.20 |
| Jun 2025Vital Energy, | 5,164 | 5,133 | 25,781 | 22,589 | 3,192 | $68.17 | $3.02 |
| May 2025Vital Energy, | 6,457 | 6,386 | 30,076 | 23,436 | 6,640 | $62.17 | $3.12 |
| Apr 2025Vital Energy, | 5,888 | 5,841 | 26,988 | 17,196 | 9,792 | $63.54 | $3.42 |
| Mar 2025Vital Energy, | 7,188 | 7,359 | 32,152 | 26,467 | 5,685 | $68.24 | $4.12 |
| Feb 2025Vital Energy, | 6,735 | 6,614 | 27,858 | 21,466 | 6,392 | $71.53 | $4.19 |
| Jan 2025Vital Energy, | 7,395 | 7,457 | 26,072 | 25,362 | 710 | $75.74 | $4.13 |
| Dec 2024Vital Energy, | 5,698 | 5,694 | 19,599 | 19,240 | 359 | $70.12 | $3.01 |
| Nov 2024Vital Energy, | 4,227 | 4,194 | 14,526 | 12,324 | 2,202 | $69.95 | $2.12 |
| Oct 2024Vital Energy, | 5,199 | 5,314 | 15,243 | 10,941 | 4,302 | $71.99 | $2.20 |
| Sep 2024Vital Energy, | 6,708 | 6,811 | 25,664 | 21,999 | 3,665 | $70.24 | $2.28 |
| Aug 2024Vital Energy, | 7,388 | 7,396 | 29,430 | 22,273 | 7,157 | $76.68 | $1.99 |
| Jul 2024Vital Energy, | 7,950 | 7,819 | 30,187 | 27,836 | 2,351 | $81.80 | $2.07 |
| Jun 2024Vital Energy, | 7,786 | 8,450 | 29,732 | 26,251 | 3,481 | $79.77 | $2.54 |
| May 2024Vital Energy, | 6,647 | 6,019 | 23,188 | 15,596 | 7,592 | $80.02 | $2.12 |
| Apr 2024Vital Energy, | 8,603 | 9,024 | 29,702 | 29,694 | 8 | $85.35 | $1.60 |
| Mar 2024Vital Energy, | 9,864 | 9,557 | 34,895 | 33,934 | 961 | $81.28 | $1.49 |
| Feb 2024Vital Energy, | 7,908 | 7,833 | 29,493 | 28,857 | 636 | $77.25 | $1.72 |
| Jan 2024Vital Energy, | 10,456 | 10,451 | 35,631 | 35,397 | 234 | $74.15 | $3.18 |
| Dec 2023Vital Energy, | 13,743 | 13,729 | 50,327 | 50,316 | 11 | $71.90 | $2.52 |
| Nov 2023Vital Energy, | 15,507 | 15,448 | 52,153 | 52,143 | 10 | $77.69 | $2.71 |
| Oct 2023Vital Energy, | 16,219 | 16,176 | 58,116 | 55,704 | 2,412 | $85.64 | $2.98 |
| Sep 2023Vital Energy, | 14,855 | 14,914 | 48,374 | 47,232 | 1,142 | $89.43 | $2.64 |
| Aug 2023Vital Energy, | 21,792 | 21,753 | 61,006 | 58,968 | 2,038 | $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.
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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