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Texas oil lease

Producing

KRANG CG 24 WB

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

1 well

190,299bbl oil, since Dec 2025
Operator
Fourpoint Energy, LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-23436

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, since Dec 2025
355,497 mcf
Oil in Jul 2026
14,641 bbl
First check

Production started December 2025; the first check is due by about April 30, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output fell 37% since Dec 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 37% since Dec 2025Monthly oil production and gas for KRANG CG 24 WB, Dec 2025 to Jul 2026. Oil output fell 37% since Dec 2025. Monthly average of 17,125 bbl in the latest 3 months, against 27,110 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kOct 25Jan 26AprJul
Oil output fell 37% since Dec 2025Monthly oil production and gas for KRANG CG 24 WB, Dec 2025 to Jul 2026. Oil output fell 37% since Dec 2025. Monthly average of 17,125 bbl in the latest 3 months, against 27,110 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 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 8 months reported

Flaring peaked at 6.4% of the gas in Dec 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the 8 months reportedShare of KRANG CG 24 WB gas by disposition code each month, Dec 2025 to Jul 2026. 98% of the gas went to a processing plant in the 8 months reported. Flaring peaked at 6.4% of the gas in Dec 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.4%Oct 25Jan 26AprJul
98% of the gas went to a processing plant in the 8 months reportedShare of KRANG CG 24 WB gas by disposition code each month, Dec 2025 to Jul 2026. 98% of the gas went to a processing plant in the 8 months reported. Flaring peaked at 6.4% of the gas in Dec 2025.Share of gas by disposition code0%50%100%Flared 6.4%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 348,304 mcf

  • Lease fuel (1)

    1.8% · 6,485 mcf

  • Flared (4)

    0.2% · 708 mcf

0.2% of the gas flared in the 8 months reported. One month above 3%.

1 well on this lease

Wells on KRANG CG 24 WB
API numberWell no.Status
42-461-432156037HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Dec 20, 2025
Energy Transfer CompanyCasinghead gasBuys100Dec 20, 2025
Energy Transfer CompanyCasinghead gasGathers100Dec 20, 2025

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 WB
API numberWell no.Acreson the permit
42-461-432156037H329.83

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

Unit decimal checker

Estimate your royalty

8 months, newest first

Ledger for KRANG CG 24 WB
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202614,64114,65146,40946,220189$80.46$2.89
Jun 202616,87416,88548,87347,82148$84.81$3.15
May 202619,85919,84952,82351,7320$102.13$2.94
Apr 202623,73123,78754,79253,5992$100.32$2.77
Mar 202633,86333,84859,48258,12425$91.38$3.04
Feb 202631,58631,78641,70240,65215$64.51$3.62
Jan 202643,61343,32046,74045,820130$60.04$7.72
Dec 20256,1326,0224,6764,336299$57.97$4.26

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

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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