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Texas oil lease

Producing

LPI-HALFMANN 31

Lpi-Halfmann 31 is an oil lease in Glasscock County, Texas, operated by Crescent Energy Operating, LLC in the Garden City, S. (Wolfcamp) field.

1 well

1,640bbl oil, last 12 months−13% vs prior year
Operator
Crescent Energy Operating, LLC
County
Glasscock County
Field
Garden City, S. (Wolfcamp)
RRC lease
08-44373

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
7,386 mcf
Oil in Jun 2026
163 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 13% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for LPI-HALFMANN 31, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 1,480 bbl in the 12 months through Jul 2026, against 1,701 bbl in the 12 months before.Last 12 months: 1,480 bblbbl per monthmcf per month00502501005001507502001,0002501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for LPI-HALFMANN 31, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 1,480 bbl in the 12 months through Jul 2026, against 1,701 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,0002501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 13.2% of the gas in Feb 2024.

  • Transmission line (2)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of LPI-HALFMANN 31 gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 13.2% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 13.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of LPI-HALFMANN 31 gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 13.2% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 13.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 7,215 mcf

  • Flared (4)

    2.3% · 171 mcf

2.3% of the gas flared in the last 12 months. 14 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Jan 2026

Operators of this lease over timeLaredo Petroleum, Inc., Jan 2020 to Jan 2023; Vital Energy, Inc., Feb 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2023Changed Jan 2026Laredo Petroleum, Inc.Jan 2020 to Jan 2023Vital Energy, Inc.Feb 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeLaredo Petroleum, Inc., Jan 2020 to Jan 2023; Vital Energy, Inc., Feb 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2023Changed Jan 2026Laredo Petroleum, Inc.Jan 2020 to Jan 2023Vital Energy, Inc.Feb 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LPI-HALFMANN 31
API numberWell no.Status
42-173-352521Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100May 28, 2026–
Targa Midstream Services LLCCasinghead gasBuys100Mar 9, 2023–
Targa Midstream Services LLCCasinghead gasGathers100Mar 9, 2023–
Vital Midstream Services, LLCOilGathers100Mar 9, 2023May 28, 2026
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Nov 1, 2021Mar 9, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Oct 1, 2015Mar 9, 2023
Laredo Midstream Services, LLCOilGathers100Nov 1, 2021Mar 9, 2023
Laredo Midstream Services, LLCCasinghead gasGathers100Dec 17, 2013Nov 1, 2021
Rio Energy International, Inc.OilGathers50Oct 1, 2015Nov 1, 2021

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

Who buys my oilOil price check

160.60 acres on the newest permit

Check your decimal on this lease
Permits for Lpi-Halfmann 31
API numberWell no.Acreson the permit
42-173-352521160.60

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

Unit decimal checker

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 LPI-HALFMANN 31
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy1631626206164$84.81$3.15
May 2026Crescent Energy13012962861414$102.13$2.94
Apr 2026Crescent Energy1581585785708$100.32$2.77
Mar 2026Crescent Energy12112158156021$91.38$3.04
Feb 2026Crescent Energy859454850840$64.51$3.62
Jan 2026Crescent Energy1641586536530$60.04$7.72
Dec 2025Vital Energy,15515463457658$57.97$4.26
Nov 2025Vital Energy,1211226206191$60.06$3.79
Oct 2025Vital Energy,1671646286244$60.89$3.19
Sep 2025Vital Energy,1091106035958$63.96$2.97
Aug 2025Vital Energy,1071076346286$64.86$2.91
Jul 2025Vital Energy,1601606596527$68.39$3.20
Jun 2025Vital Energy,1101106456396$68.17$3.02
May 2025Vital Energy,12912868366914$62.17$3.12
Apr 2025Vital Energy,15715866664422$63.54$3.42
Mar 2025Vital Energy,1271336766760$68.24$4.12
Feb 2025Vital Energy,1801746346304$71.53$4.19
Jan 2025Vital Energy,1411417167160$75.74$4.13
Dec 2024Vital Energy,1391417147140$70.12$3.01
Nov 2024Vital Energy,1271267737649$69.95$2.12
Oct 2024Vital Energy,16816985880058$71.99$2.20
Sep 2024Vital Energy,1131207537458$70.24$2.28
Aug 2024Vital Energy,15014377774136$76.68$1.99
Jul 2024Vital Energy,11111089488113$81.80$2.07
Jun 2024Vital Energy,10911087584827$79.77$2.54
May 2024Vital Energy,13814186383627$80.02$2.12
Apr 2024Vital Energy,16716474470044$85.35$1.60
Mar 2024Vital Energy,130130865764101$81.28$1.49
Feb 2024Vital Energy,169171923801122$77.25$1.72
Jan 2024Vital Energy,13713560255547$74.15$3.18
Dec 2023Vital Energy,13913969167615$71.90$2.52
Nov 2023Vital Energy,1161171,1911,14249$77.69$2.71
Oct 2023Vital Energy,12912886984623$85.64$2.98
Sep 2023Vital Energy,11111281078327$89.43$2.64
Aug 2023Vital Energy,1241228318256$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, LLCFieldGarden City, S. (Wolfcamp)CountyGlasscock County

Crescent Energy Operating, LLC in Glasscock County

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Garden City, S. (Wolfcamp) field

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