Texas oil lease
ProducingHOEFS TRUST
Hoefs Trust is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Phantom (Wolfcamp) field.
Oil lease dossier
- Operator
- Crescent Energy Operating, LLC
- County
- Reeves County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-62481
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 4,437 mcf
- Oil in Jun 2026
- 743 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 17% since Dec 2024
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
Over 99% of the gas went to a transmission line in the last 12 months
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
100% · 4,981 mcf
Flared (4)
0.5% · 23 mcf
0.5% of the gas flared in the last 12 months. No month 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. Dec 2024 to Dec 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Rio Energy International, Inc. | Oil | Gathers | 100 | Dec 1, 2024 |
| Kinetik Holdings LP | Casinghead gas | Buys | 100 | Dec 1, 2024 |
| Kinetik Holdings LP | Casinghead gas | Gathers | 100 | Dec 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 | $23.08 | SEC filing |
SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
20 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026No report | – | – | – | – | – | $80.46 | $2.89 |
| Jun 2026Crescent Energy | 743 | 952 | 1,025 | 1,025 | 0 | $84.81 | $3.15 |
| May 2026Crescent Energy | 267 | 0 | 206 | 202 | 4 | $102.13 | $2.94 |
| Apr 2026Crescent Energy | 0 | 0 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Crescent Energy | 114 | 365 | 2 | 2 | 0 | $91.38 | $3.04 |
| Feb 2026Crescent Energy | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Crescent Energy | 716 | 582 | 1,398 | 1,398 | 0 | $60.04 | $7.72 |
| Dec 2025Vital Energy, | 637 | 768 | 1,011 | 996 | 15 | $57.97 | $4.26 |
| Nov 2025Vital Energy, | 661 | 580 | 623 | 623 | 0 | $60.06 | $3.79 |
| Oct 2025Vital Energy, | 684 | 558 | 8 | 8 | 0 | $60.89 | $3.19 |
| Sep 2025Vital Energy, | 0 | 0 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Vital Energy, | 203 | 382 | 74 | 74 | 0 | $64.86 | $2.91 |
| Jul 2025Vital Energy, | 579 | 347 | 90 | 88 | 2 | $68.39 | $3.20 |
| Jun 2025Vital Energy, | 680 | 898 | 295 | 295 | 0 | $68.17 | $3.02 |
| May 2025Vital Energy, | 710 | 543 | 163 | 162 | 1 | $62.17 | $3.12 |
| Apr 2025Vital Energy, | 669 | 870 | 109 | 108 | 1 | $63.54 | $3.42 |
| Mar 2025Vital Energy, | 934 | 733 | 7 | 7 | 0 | $68.24 | $4.12 |
| Feb 2025Vital Energy, | 717 | 722 | 28 | 28 | 0 | $71.53 | $4.19 |
| Jan 2025Vital Energy, | 0 | 343 | 307 | 307 | 0 | $75.74 | $4.13 |
| Dec 2024Vital Energy, | 499 | 0 | 126 | 126 | 0 | $70.12 | $3.01 |
No report filed
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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41,802 mcf
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35,118 mcf
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- RHINO UNIT 37N
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3,775 bbl
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Phantom (Wolfcamp) field
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4,704 bbl
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87,393 mcf
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23,077 mcf
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4,183 bbl
- GREENWICH 57-3142
38,430 mcf
- RICHBURG UNIT
18,019 mcf
- FORTRESS STATE UNIT
53,106 mcf
New drilling permits in Reeves County
Newest in the county: this lease has no coordinates.
WAHA/FROST #11C
new drill · WWM Operating, LLC · Reeves County
Permit 0918993 · Oct 1, 2026
WAHA/FROST #8C
new drill · WWM Operating, LLC · Reeves County
Permit 0918991 · Oct 1, 2026
WAHA/FROST #7C
new drill · WWM Operating, LLC · Reeves County
Permit 0918990 · Oct 1, 2026
WAHA/FROST #6C
new drill · WWM Operating, LLC · Reeves County
Permit 0918989 · Oct 1, 2026
WAHA/FROST #3C
new drill · WWM Operating, LLC · Reeves County
Permit 0918988 · Oct 1, 2026