Texas oil lease
ProducingJUSTIN LEE MCMASTER-C-
Justin Lee McMaster-C- is an oil lease in Reagan County, Texas, operated by Crescent Energy Operating, LLC in the Spraberry (Trend Area) field.
2 wells
- Operator
- Crescent Energy Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-17379
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 13,554 mcf
- Oil in Jun 2026
- 159 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 30% 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
All of the gas went to a transmission line in the last 12 months
Flaring peaked at 12.8% of the gas in Nov 2023.
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
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. Feb 2023 to Dec 2025
- Laredo Petroleum, Inc. Jan 2020 to Jan 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-36926 | 13N | Active |
| 42-383-38411 | 13L | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Trafigura Trading LLC | Oil | Gathers | 100 | Mar 9, 2023 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Mar 9, 2023 | – |
| Vital Midstream Services, LLC | Casinghead gas | Gathers | 100 | Mar 9, 2023 | – |
| Laredo Midstream Services, LLC | Casinghead gas | Gathers | 33 | Jul 1, 2017 | Mar 9, 2023 |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 33 | May 1, 2020 | Mar 9, 2023 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Gathers | 34 | May 1, 2020 | Mar 9, 2023 |
| Coronado Midstream LLC | Casinghead gas | Buys | 33 | Jul 1, 2017 | Mar 9, 2023 |
| Targa Midstream Services LLC | Casinghead gas | Buys | 33 | May 1, 2020 | Mar 9, 2023 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Buys | 34 | May 1, 2020 | Mar 9, 2023 |
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 | $23.08 | SEC filing |
SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026No report | – | – | – | – | – | $80.46 | $2.89 |
| Jun 2026Crescent Energy | 159 | 143 | 883 | 883 | 0 | $84.81 | $3.15 |
| May 2026Crescent Energy | 83 | 68 | 812 | 812 | 0 | $102.13 | $2.94 |
| Apr 2026Crescent Energy | 90 | 94 | 686 | 686 | 0 | $100.32 | $2.77 |
| Mar 2026Crescent Energy | 95 | 93 | 964 | 964 | 0 | $91.38 | $3.04 |
| Feb 2026Crescent Energy | 94 | 129 | 933 | 933 | 0 | $64.51 | $3.62 |
| Jan 2026Crescent Energy | 202 | 202 | 1,276 | 1,276 | 0 | $60.04 | $7.72 |
| Dec 2025Vital Energy, | 142 | 130 | 1,109 | 1,109 | 0 | $57.97 | $4.26 |
| Nov 2025Vital Energy, | 123 | 145 | 1,210 | 1,210 | 0 | $60.06 | $3.79 |
| Oct 2025Vital Energy, | 171 | 117 | 1,393 | 1,393 | 0 | $60.89 | $3.19 |
| Sep 2025Vital Energy, | 94 | 117 | 1,494 | 1,494 | 0 | $63.96 | $2.97 |
| Aug 2025Vital Energy, | 202 | 179 | 1,751 | 1,751 | 0 | $64.86 | $2.91 |
| Jul 2025Vital Energy, | 127 | 138 | 1,043 | 1,043 | 0 | $68.39 | $3.20 |
| Jun 2025Vital Energy, | 174 | 183 | 1,411 | 1,411 | 0 | $68.17 | $3.02 |
| May 2025Vital Energy, | 188 | 240 | 1,335 | 1,335 | 0 | $62.17 | $3.12 |
| Apr 2025Vital Energy, | 241 | 256 | 1,322 | 1,322 | 0 | $63.54 | $3.42 |
| Mar 2025Vital Energy, | 239 | 252 | 1,829 | 1,829 | 0 | $68.24 | $4.12 |
| Feb 2025Vital Energy, | 247 | 240 | 1,627 | 1,627 | 0 | $71.53 | $4.19 |
| Jan 2025Vital Energy, | 284 | 271 | 1,576 | 1,576 | 0 | $75.74 | $4.13 |
| Dec 2024Vital Energy, | 382 | 302 | 1,524 | 1,524 | 0 | $70.12 | $3.01 |
| Nov 2024Vital Energy, | 154 | 163 | 1,348 | 1,348 | 0 | $69.95 | $2.12 |
| Oct 2024Vital Energy, | 27 | 0 | 635 | 635 | 0 | $71.99 | $2.20 |
| Sep 2024Vital Energy, | 0 | 0 | 0 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Vital Energy, | 20 | 107 | 446 | 446 | 0 | $76.68 | $1.99 |
| Jul 2024Vital Energy, | 185 | 149 | 1,272 | 1,272 | 0 | $81.80 | $2.07 |
| Jun 2024Vital Energy, | 200 | 176 | 1,302 | 1,302 | 0 | $79.77 | $2.54 |
| May 2024Vital Energy, | 174 | 173 | 1,642 | 1,642 | 0 | $80.02 | $2.12 |
| Apr 2024Vital Energy, | 122 | 119 | 1,102 | 1,102 | 0 | $85.35 | $1.60 |
| Mar 2024Vital Energy, | 110 | 113 | 1,134 | 1,134 | 0 | $81.28 | $1.49 |
| Feb 2024Vital Energy, | 127 | 118 | 1,087 | 1,087 | 0 | $77.25 | $1.72 |
| Jan 2024Vital Energy, | 145 | 138 | 1,014 | 1,014 | 0 | $74.15 | $3.18 |
| Dec 2023Vital Energy, | 133 | 166 | 1,339 | 1,339 | 0 | $71.90 | $2.52 |
| Nov 2023Vital Energy, | 145 | 130 | 1,200 | 1,047 | 153 | $77.69 | $2.71 |
| Oct 2023Vital Energy, | 118 | 150 | 1,326 | 1,164 | 162 | $85.64 | $2.98 |
| Sep 2023Vital Energy, | 159 | 129 | 1,096 | 1,086 | 10 | $89.43 | $2.64 |
| Aug 2023Vital Energy, | 208 | 230 | 1,410 | 1,410 | 0 | $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 Reagan County
- HOLT-R-
2,330 bbl
- SUGG A 208-209 (ALLOC-D)
1,955 bbl
- SUGG B 137-25 (ALLOC-G)
1,577 bbl
- BOYLES
1,410 bbl
- HOLT-B-
909 bbl
- DEBBIE LEE MCMASTER-A-
1,340 bbl
- DEBBIE LEE MCMASTER-B-
1,317 bbl
- LANE TRUST-E-
1,560 bbl
- N WILDE OIL UNIT
572 bbl
- SUGG-B195-
800 bbl
Spraberry (Trend Area) field
- CINDY KAY
1,999 bbl
- JULIE "SA"
1,318 bbl
- MC ELROY RANCH 127 NE
1,125 bbl
- SCOTT,JOHN R.-B-
1,649 bbl
- SH FRANKLIN 22A
2,086 bbl
- MANN5
2,004 bbl
- MEINER "B'
1,473 bbl
- MALONE -45-
1,613 bbl
- WINDHAM "120"
878 bbl
- POWELL "N"
2,111 bbl
Leases within 10 km
- JL MCMASTER C 13-13 (ALLOC-B)
4,216 bbl · 0.5 km
- JUSTIN LEE MCMASTER-A-
5,425 bbl · 0.5 km
- A.V. MCMASTER
91 bbl · 0.6 km
- JL MCMASTER A 13-16 (ALLOC-E)
6,294 bbl · 0.8 km
- SUGG-A-
171,225 bbl · 0.8 km
- TAYLOR-A-
1,620 bbl · 1.1 km
- JUSTIN LEE MCMASTER-B-
3 mcf · 1.2 km
- TAYLOR A 14-16 (ALLOC-A)
7,370 bbl · 1.3 km
- TAYLOR A 14-16 (ALLOC-C)
4,391 bbl · 1.3 km
- SUGG-E-
9,720 bbl · 1.5 km
Drilling permits within 10 km
HILL WEST G 28-35 #4407H
new drill · horizontal · De Central Operating, LLC · Reagan County · 9.5 km
Permit 0918897 · Sep 25, 2026
HILL WEST A 28-35 #4301H
new drill · horizontal · De Central Operating, LLC · Reagan County · 9.6 km
Permit 0918887 · Sep 25, 2026
HILL WEST E 28-35 #4305H
new drill · horizontal · De Central Operating, LLC · Reagan County · 9.5 km
Permit 0918894 · Sep 25, 2026
HILL WEST A 28-35 #4601H
new drill · horizontal · De Central Operating, LLC · Reagan County · 9.5 km
Permit 0918886 · Sep 25, 2026
HILL WEST G 28-35 #4207H
new drill · horizontal · De Central Operating, LLC · Reagan County · 9.5 km
Permit 0918898 · Sep 25, 2026