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Producing

GRAHAM 186-187 (ALLOC-B)

Graham 186-187 (Alloc-B) is an oil lease in Reagan County, Texas, operated by Crescent Energy Operating, LLC in the Spraberry (Trend Area) field.

1 well

4,989bbl oil, last 12 months+258% vs prior year
Operator
Crescent Energy Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-18729

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
41,287 mcf
Oil in Jun 2026
344 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.

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Production by month

Oil output rose 258% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 258% over the last 12 monthsMonthly oil production and gas for GRAHAM 186-187 (ALLOC-B), Aug 2023 to Jul 2026. Oil output rose 258% over the last 12 months. 4,975 bbl in the 12 months through Jul 2026, against 1,390 bbl in the 12 months before.Last 12 months: 4,975 bblbbl per monthmcf per month002002,5004005,0006007,50080010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 258% over the last 12 monthsMonthly oil production and gas for GRAHAM 186-187 (ALLOC-B), Aug 2023 to Jul 2026. Oil output rose 258% over the last 12 months. 4,975 bbl in the 12 months through Jul 2026, against 1,390 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,5004005,0006007,50080010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 100.0% of the gas in May 2025.

  • Transmission line (2)
  • Other (5 to 8)
  • Flared (4)
All of the gas went to a transmission line in the last 12 monthsShare of GRAHAM 186-187 (ALLOC-B) gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of GRAHAM 186-187 (ALLOC-B) gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in May 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 41,278 mcf

  • Flared (4)

    0.0% · 9 mcf

Who has run this lease

The operator changed 2 times, most recently in Jan 2026

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, through Jul 2026.

1 well on this lease

Wells on GRAHAM 186-187 (ALLOC-B)
API numberWell no.Status
42-383-385292SUActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Vital Midstream Services, LLCOilGathers100Mar 9, 2023–
Targa Midstream Services LLCCasinghead gasBuys100Mar 9, 2023–
Targa Midstream Services LLCCasinghead gasGathers100Mar 9, 2023–
Laredo Midstream Services, LLCCasinghead gasGathers33Mar 1, 2016Mar 9, 2023
Targa Midstream Services LLCCasinghead gasGathers33May 1, 2020Mar 9, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers34May 1, 2020Mar 9, 2023
Coronado Midstream LLCCasinghead gasBuys33Mar 1, 2016Mar 9, 2023
Targa Midstream Services LLCCasinghead gasBuys33May 1, 2020Mar 9, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys34May 1, 2020Mar 9, 2023

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

Who buys my oilOil price check

960 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.

Check your decimal on this lease
Permits for Graham 186-187 (Alloc-B)
API numberWell no.Acreson the permit
42-383-385292SU960

SourceRailroad Commission drilling permits, Oct 3, 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 GRAHAM 186-187 (ALLOC-B)
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy3443718,0068,0051$84.81$3.15
May 2026Crescent Energy3833814,3994,3990$102.13$2.94
Apr 2026Crescent Energy3393341,4111,4101$100.32$2.77
Mar 2026Crescent Energy4474655,3085,3080$91.38$3.04
Feb 2026Crescent Energy6126174,4674,4652$64.51$3.62
Jan 2026Crescent Energy4744534,0574,0534$60.04$7.72
Dec 2025Vital Energy,6657064,8724,8720$57.97$4.26
Nov 2025Vital Energy,7326844,0904,0900$60.06$3.79
Oct 2025Vital Energy,2762692702691$60.89$3.19
Sep 2025Vital Energy,7036223,8063,8060$63.96$2.97
Aug 2025Vital Energy,082512510$64.86$2.91
Jul 2025Vital Energy,14433503500$68.39$3.20
Jun 2025Vital Energy,1621485,31505,315$68.17$3.02
May 2025Vital Energy,101911,21901,219$62.17$3.12
Apr 2025Vital Energy,00000$63.54$3.42
Mar 2025Vital Energy,00000$68.24$4.12
Feb 2025Vital Energy,00000$71.53$4.19
Jan 2025Vital Energy,00000$75.74$4.13
Dec 2024Vital Energy,00000$70.12$3.01
Nov 2024Vital Energy,07000$69.95$2.12
Oct 2024Vital Energy,372541511390$71.99$2.20
Sep 2024Vital Energy,5484694,6574,3443$70.24$2.28
Aug 2024Vital Energy,5284356,6606,18045$76.68$1.99
Jul 2024Vital Energy,7137329,0208,4205$81.80$2.07
Jun 2024Vital Energy,5405044,7124,3884$79.77$2.54
May 2024Vital Energy,4654786,8226,4136$80.02$2.12
Apr 2024Vital Energy,5915907,6276,9796$85.35$1.60
Mar 2024Vital Energy,5585467,5526,6240$81.28$1.49
Feb 2024Vital Energy,3183232,8842,4840$77.25$1.72
Jan 2024Vital Energy,4404313,4303,0650$74.15$3.18
Dec 2023Vital Energy,1972134,3413,8090$71.90$2.52
Nov 2023Vital Energy,3543374,3143,7570$77.69$2.71
Oct 2023Vital Energy,3473575,6225,0490$85.64$2.98
Sep 2023Vital Energy,3993677,4256,4994$89.43$2.64
Aug 2023Vital Energy,1671537,9806,9793$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, LLCFieldSpraberry (Trend Area)CountyReagan County

Crescent Energy Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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