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KLIPSPRINGER STATE 24 W2

Klipspringer State 24 W2 is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Wolfbone (Trend Area) field.

2 wells

5,002bbl oil, last 12 months−17% vs prior year
Operator
Crescent Energy Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-45750

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
30,912 mcf
Oil in Jun 2026
761 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 fell 17% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for KLIPSPRINGER STATE 24 W2, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 4,657 bbl in the 12 months through Jul 2026, against 5,635 bbl in the 12 months before.Last 12 months: 4,657 bblbbl per monthmcf per month002002,5004005,0006007,50080010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for KLIPSPRINGER STATE 24 W2, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 4,657 bbl in the 12 months through Jul 2026, against 5,635 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

81% of the gas went to a transmission line in the last 12 months

Flaring peaked at 51.3% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
81% of the gas went to a transmission line in the last 12 monthsShare of KLIPSPRINGER STATE 24 W2 gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a transmission line in the last 12 months. Flaring peaked at 51.3% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 51.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
81% of the gas went to a transmission line in the last 12 monthsShare of KLIPSPRINGER STATE 24 W2 gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a transmission line in the last 12 months. Flaring peaked at 51.3% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 51.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    81% · 30,051 mcf

  • Lease fuel (1)

    10% · 3,848 mcf

  • Flared (4)

    8.9% · 3,307 mcf

8.9% of the gas flared in the last 12 months. 11 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Jan 2026

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Jan 2021; Forge Energy Operating, LLC, Feb 2021 to Jun 2023; Vital Energy, Inc., Jul 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2021Changed Jul 2023Changed Jan 2026OXY USA WTP LPJan 2020 to Jan 2021Forge Energy Operating, LLCFeb 2021 to Jun 2023Vital Energy, Inc.Jul 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Jan 2021; Forge Energy Operating, LLC, Feb 2021 to Jun 2023; Vital Energy, Inc., Jul 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2021Changed Jul 2023Changed Jan 2026OXY USA WTP LPJan 2020 to Jan 2021Forge Energy Operating, LLCFeb 2021 to Jun 2023Vital Energy, Inc.Jul 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on KLIPSPRINGER STATE 24 W2
API numberWell no.Status
42-389-341572HActive
42-389-341581HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100Jul 1, 2023–
Energy Transfer CompanyCasinghead gasBuys100Feb 1, 2021–
Energy Transfer CompanyCasinghead gasGathers100Feb 1, 2021–
Lion Oil Trading & Trans, LLCOilGathers100Feb 1, 2021Jul 1, 2023
Eagleclaw Midstream Ventures,llcCasinghead gasGathers50Sep 1, 2017Feb 1, 2021
Energy Transfer CompanyCasinghead gasGathers50Sep 1, 2017Feb 1, 2021
Eagleclaw Midstream Ventures,llcCasinghead gasBuys50Sep 1, 2017Feb 1, 2021
Energy Transfer CompanyCasinghead gasBuys50Sep 1, 2017Feb 1, 2021
Bridger Transportation, LLCOilGathers50Sep 1, 2017Feb 1, 2021

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

Who buys my oilOil price check

652.17 acres on the newest permit

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Permits for Klipspringer State 24 W2
API numberWell no.Acreson the permit
42-389-341572H652.17
42-389-341581H652.17

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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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 KLIPSPRINGER STATE 24 W2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy7617821,927850988$84.81$3.15
May 2026Crescent Energy4363401,04591323$102.13$2.94
Apr 2026Crescent Energy3573662,5721,705658$100.32$2.77
Mar 2026Crescent Energy3243372,6262,096274$91.38$3.04
Feb 2026Crescent Energy3503102,5011,970249$64.51$3.62
Jan 2026Crescent Energy2832822,4602,14623$60.04$7.72
Dec 2025Vital Energy,3463862,9472,392226$57.97$4.26
Nov 2025Vital Energy,4054194,2663,494287$60.06$3.79
Oct 2025Vital Energy,5265164,1483,544115$60.89$3.19
Sep 2025Vital Energy,3984323,4662,721399$63.96$2.97
Aug 2025Vital Energy,4713982,9542,60848$64.86$2.91
Jul 2025Vital Energy,345366000$68.39$3.20
Jun 2025Vital Energy,4664666,2945,61217$68.17$3.02
May 2025Vital Energy,4133922,4772,18910$62.17$3.12
Apr 2025Vital Energy,3994392,5932,033252$63.54$3.42
Mar 2025Vital Energy,7197622,7792,344109$68.24$4.12
Feb 2025Vital Energy,6846214,1023,356101$71.53$4.19
Jan 2025Vital Energy,4063733,7982,97814$75.74$4.13
Dec 2024Vital Energy,3623893,1702,57012$70.12$3.01
Nov 2024Vital Energy,4234293,7413,16011$69.95$2.12
Oct 2024Vital Energy,4835154,5383,81013$71.99$2.20
Sep 2024Vital Energy,5085542,0821,6605$70.24$2.28
Aug 2024Vital Energy,4273734,6463,560138$76.68$1.99
Jul 2024Vital Energy,4664643,4242,70810$81.80$2.07
Jun 2024Vital Energy,5695624,0232,0741,401$79.77$2.54
May 2024Vital Energy,5826502,4401,465633$80.02$2.12
Apr 2024Vital Energy,4984771,4311,1700$85.35$1.60
Mar 2024Vital Energy,6135741,1289370$81.28$1.49
Feb 2024Vital Energy,5356822,2901,9040$77.25$1.72
Jan 2024Vital Energy,6695692,2581,8510$74.15$3.18
Dec 2023Vital Energy,5595932,5352,1400$71.90$2.52
Nov 2023Vital Energy,3953751,1449530$77.69$2.71
Oct 2023Vital Energy,3923073,9513,3450$85.64$2.98
Sep 2023Vital Energy,2924035,8034,9040$89.43$2.64
Aug 2023Vital Energy,4514009,5007,8460$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, LLCFieldWolfbone (Trend Area)CountyReeves County

Crescent Energy Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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