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Texas oil lease

Producing

KRANG CG 24 LS

Krang CG 24 LS is an oil lease in Upton County, Texas, operated by Fourpoint Energy, LLC in the Spraberry (Trend Area) field.

1 well

165,519bbl oil, since Jan 2026
Operator
Fourpoint Energy, LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-23450

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, since Jan 2026
186,588 mcf
Oil in Jul 2026
17,077 bbl
First check

Production started January 2026; the first check is due by about May 31, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output fell 20% since Jan 2026

  • Oil (bars)
  • Gas (line)
Oil output fell 20% since Jan 2026Monthly oil production and gas for KRANG CG 24 LS, Jan 2026 to Jul 2026. Oil output fell 20% since Jan 2026. Monthly average of 20,254 bbl in the latest 3 months, against 25,190 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 25Jan 26AprJul
Oil output fell 20% since Jan 2026Monthly oil production and gas for KRANG CG 24 LS, Jan 2026 to Jul 2026. Oil output fell 20% since Jan 2026. Monthly average of 20,254 bbl in the latest 3 months, against 25,190 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the 7 months reported

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the 7 months reportedShare of KRANG CG 24 LS gas by disposition code each month, Jan 2026 to Jul 2026. 98% of the gas went to a processing plant in the 7 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
98% of the gas went to a processing plant in the 7 months reportedShare of KRANG CG 24 LS gas by disposition code each month, Jan 2026 to Jul 2026. 98% of the gas went to a processing plant in the 7 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 183,136 mcf

  • Lease fuel (1)

    1.7% · 3,250 mcf

  • Flared (4)

    0.1% · 202 mcf

0.1% of the gas flared in the 7 months reported. No month above 3%.

1 well on this lease

Wells on KRANG CG 24 LS
API numberWell no.Status
42-461-432173037HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jan 20, 2026
Energy Transfer CompanyCasinghead gasBuys100Jan 20, 2026
Energy Transfer CompanyCasinghead gasGathers100Jan 20, 2026

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

Who buys my oilOil price check

329.83 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Krang CG 24 LS
API numberWell no.Acreson the permit
42-461-432173037H329.83

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

7 months, newest first

Ledger for KRANG CG 24 LS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202617,07717,08931,87131,743128$80.46$2.89
Jun 202619,77819,79732,12131,43631$84.81$3.15
May 202623,90623,89931,57230,9360$102.13$2.94
Apr 202629,18829,20229,01628,3981$100.32$2.77
Mar 202633,30633,30426,03925,45711$91.38$3.04
Feb 202633,01832,89128,43327,78210$64.51$3.62
Jan 20269,2469,1617,5367,38421$60.04$7.72

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

OperatorFourpoint Energy, LLCFieldSpraberry (Trend Area)CountyUpton County

Fourpoint Energy, LLC in Upton County

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Spraberry (Trend Area) field

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