Texas oil lease
ProducingMEGALODON 50 WA E
Megalodon 50 Wa E is an oil lease in Ward County, Texas, operated by Crescent Energy Operating, LLC in the Phantom (Wolfcamp) field.
1 well
- Operator
- Crescent Energy Operating, LLC
- County
- Ward County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-61321
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 359,311 mcf
- Oil in Jun 2026
- 9,089 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 43% 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
Since Sep 2024 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 19.5% of the gas in Apr 2024.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
96% · 344,789 mcf
Flared (4)
2.2% · 7,991 mcf
Lease fuel (1)
1.8% · 6,531 mcf
2.2% of the gas flared in the last 12 months. 6 months above 3%.
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. Sep 2024 to Dec 2025
- Point Energy Partners Petro, LLC Mar 2024 to Aug 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-475-38582 | 5H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Scm Ops, LLC | Oil | Gathers | 100 | Sep 20, 2024 | – |
| Arm Energy Management LLC | Casinghead gas | Buys | 100 | Sep 20, 2024 | – |
| Scm Ops, LLC | Casinghead gas | Gathers | 100 | Sep 20, 2024 | – |
| Scm Ops, LLC | Casinghead gas | Gathers | 100 | Feb 27, 2024 | Sep 20, 2024 |
| Scm Ops, LLC | Casinghead gas | Buys | 100 | Feb 27, 2024 | Sep 20, 2024 |
| Gunvor USA LLC | Oil | Gathers | 100 | Feb 27, 2024 | Sep 20, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,280.93 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.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-475-38582 | 5H | Apr 19, 2023 | Feb 27, 2024 | 1,280.93 |
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 | $23.08 | SEC filing |
SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
29 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026No report | – | – | – | – | – | $80.46 | $2.89 |
| Jun 2026Crescent Energy | 9,089 | 9,096 | 34,834 | 33,274 | 486 | $84.81 | $3.15 |
| May 2026Crescent Energy | 10,023 | 10,042 | 36,320 | 35,076 | 237 | $102.13 | $2.94 |
| Apr 2026Crescent Energy | 11,065 | 11,047 | 35,841 | 35,090 | 81 | $100.32 | $2.77 |
| Mar 2026Crescent Energy | 12,195 | 12,176 | 37,829 | 36,254 | 867 | $91.38 | $3.04 |
| Feb 2026Crescent Energy | 10,942 | 10,909 | 32,075 | 30,366 | 1,126 | $64.51 | $3.62 |
| Jan 2026Crescent Energy | 13,959 | 13,978 | 40,830 | 38,609 | 1,589 | $60.04 | $7.72 |
| Dec 2025Vital Energy, | 14,083 | 14,103 | 33,026 | 31,893 | 770 | $57.97 | $4.26 |
| Nov 2025Vital Energy, | 13,467 | 13,512 | 26,577 | 25,605 | 704 | $60.06 | $3.79 |
| Oct 2025Vital Energy, | 15,846 | 15,883 | 26,333 | 25,227 | 705 | $60.89 | $3.19 |
| Sep 2025Vital Energy, | 22,298 | 22,255 | 24,936 | 23,829 | 740 | $63.96 | $2.97 |
| Aug 2025Vital Energy, | 18,138 | 18,038 | 20,402 | 19,573 | 525 | $64.86 | $2.91 |
| Jul 2025Vital Energy, | 7,686 | 7,741 | 10,308 | 9,993 | 161 | $68.39 | $3.20 |
| Jun 2025Vital Energy, | 17,122 | 17,196 | 21,703 | 20,748 | 651 | $68.17 | $3.02 |
| May 2025Vital Energy, | 18,472 | 18,468 | 31,726 | 30,929 | 369 | $62.17 | $3.12 |
| Apr 2025Vital Energy, | 20,959 | 21,010 | 33,699 | 32,674 | 565 | $63.54 | $3.42 |
| Mar 2025Vital Energy, | 22,178 | 22,245 | 40,739 | 38,992 | 1,180 | $68.24 | $4.12 |
| Feb 2025Vital Energy, | 15,142 | 15,168 | 28,029 | 26,846 | 770 | $71.53 | $4.19 |
| Jan 2025Vital Energy, | 20,532 | 20,427 | 49,199 | 47,504 | 1,091 | $75.74 | $4.13 |
| Dec 2024Vital Energy, | 20,704 | 20,680 | 51,372 | 49,846 | 892 | $70.12 | $3.01 |
| Nov 2024Vital Energy, | 22,004 | 22,073 | 50,144 | 48,960 | 525 | $69.95 | $2.12 |
| Oct 2024Vital Energy, | 29,534 | 29,267 | 51,206 | 49,224 | 1,257 | $71.99 | $2.20 |
| Sep 2024Vital Energy, | 31,949 | 31,949 | 57,162 | 56,243 | 0 | $70.24 | $2.28 |
| Aug 2024Point Energy | 37,108 | 37,108 | 74,543 | 71,388 | 814 | $76.68 | $1.99 |
| Jul 2024Point Energy | 31,847 | 31,847 | 62,211 | 59,223 | 1,599 | $81.80 | $2.07 |
| Jun 2024Point Energy | 35,170 | 35,170 | 58,059 | 52,008 | 4,090 | $79.77 | $2.54 |
| May 2024Point Energy | 44,918 | 44,918 | 65,816 | 53,702 | 9,828 | $80.02 | $2.12 |
| Apr 2024Point Energy | 37,555 | 37,555 | 50,311 | 38,495 | 9,818 | $85.35 | $1.60 |
| Mar 2024Point Energy | 14,963 | 14,963 | 15,489 | 14,050 | 607 | $81.28 | $1.49 |
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 Ward County
- UL NAVY SOUTH H
205,534 bbl
- MEGALODON 50 WA D
185,514 bbl
- MEGALODON 50 WA A
172,405 bbl
- UL DINO JUICE 18-41-40-45 WA6
164,196 bbl
- UL NAVY SOUTH HH
153,798 bbl
- JIM ED
124,678 bbl
- UL ARMY SOUTH BB
134,182 bbl
- UL NAVY SOUTH FF
126,539 bbl
- DIRE WOLF 50 WA A
121,605 bbl
- UL ARMY 50 WA-XY A
125,023 bbl
Phantom (Wolfcamp) field
- HUDSON 0-66X67
784,315 mcf
- FLOTILLA G
1,008,768 mcf
- STATE CREEK 17-8 UNIT
1,180,460 mcf
- CBR 11-2H-56-1
931,914 mcf
- CHERRY CREEK 92
871,361 mcf
- STOCKYARDS STATE B
631,627 mcf
- MERIDIAN STATE 57-3-23-11 D
1,129,599 mcf
- KNIGHT 55-1-7-6 C
1,293,900 mcf
- DARK KNIGHT 75 D
160,903 bbl
- CBR 11-2J-56-1
940,345 mcf
Leases within 10 km
- MEGALODON 70 WC D
68,300 bbl · 0 km
- MEGALODON 50 WA D
185,514 bbl · 0 km
- MEGALODON 60 WB D
86,271 bbl · 0 km
- MEGALODON 30 3BS E
58,130 bbl · 0 km
- CHUPACABRA 51 STATE UNIT
71,981 bbl · 0.2 km
- MEGALODON 50 WA C
88,944 bbl · 0.2 km
- MEGALODON 70 WC C
0 bbl · 0.2 km
- MEGALODON 60 WB C
53,588 bbl · 0.2 km
- MEGALODON 50 WA B
115,298 bbl · 0.2 km
- MEGALODON 60 WB B
79,546 bbl · 0.2 km
Drilling permits within 10 km
UL AIR FORCE I #9A
new drill · horizontal · Crescent Energy Operating, LLC · Ward County · 5.5 km
Permit 0918222 · Sep 2, 2026
UL GOOD BULL #1WB
new drill · horizontal · Admiral Permian Operating LLC · Ward County · 4.3 km
Permit 0916600 · Jun 24, 2026
UL GOOD BULL #201SH
new drill · horizontal · Admiral Permian Operating LLC · Ward County · 4.4 km
Permit 0916602 · Jun 24, 2026
UL GOOD BULL #301BC
new drill · horizontal · Admiral Permian Operating LLC · Ward County · 4.4 km
Permit 0916603 · Jun 24, 2026
UL GOOD BULL #1WC
new drill · horizontal · Admiral Permian Operating LLC · Ward County · 4.3 km
Permit 0916601 · Jun 24, 2026