Texas oil lease
ProducingMR. PHILLIPS 11-2
MR. Phillips 11-2 is an oil lease in Howard County, Texas, operated by Crescent Energy Operating, LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- Crescent Energy Operating, LLC
- County
- Howard County
- RRC lease
- 08-48840
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Where it sits
This county
- Gas, last 12 months
- 86,797 mcf
- Oil in Jun 2026
- 778 bbl
Production by month
Oil output rose 7% 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
98% of the gas went to a transmission line in the last 12 months
Flaring peaked at 81.4% of the gas in Aug 2023.
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 84,711 mcf
Flared (4)
2.4% · 2,086 mcf
2.4% of the gas flared in the last 12 months. 15 months above 3%.
Who has run this lease
The operator changed 3 times, most recently in Jan 2026
- Crescent Energy Operating, LLC Jan 2026 to Jun 2026
- Vital Energy, Inc. Feb 2023 to Dec 2025
- Laredo Petroleum, Inc. Jul 2021 to Jan 2023
- Sabalo Operating, LLC Jan 2020 to Jun 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-227-38923 | 1SH | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Dk Trading & Supply, LLC | Oil | Gathers | 100 | Nov 1, 2024 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Mar 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Nov 1, 2024 | – |
| Etc Gas Processing, LLC | Casinghead gas | Buys | 100 | Nov 1, 2024 | Mar 1, 2026 |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Feb 1, 2023 | Nov 1, 2024 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | Feb 1, 2023 | Nov 1, 2024 |
| Lion Oil Trading & Trans, LLC | Oil | Gathers | 100 | Feb 1, 2023 | Nov 1, 2024 |
| Wtg Gas Processing, LLC | Casinghead gas | Gathers | 100 | Jul 1, 2022 | Feb 1, 2023 |
| Wtg Gas Processing, LLC | Casinghead gas | Buys | 100 | Jul 1, 2022 | Feb 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
622.37 acres on the newest permit
An allocation well is on this lease
A pooling certificate was filed
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-227-38923 | 1SH | Nov 29, 2016 | Jan 22, 2017 | 622.37 |
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 | $23.08 | SEC filing |
SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026No report | – | – | – | – | – | $80.46 | $2.89 |
| Jun 2026Crescent Energy | 778 | 778 | 9,370 | 9,081 | 289 | $84.81 | $3.15 |
| May 2026Crescent Energy | 725 | 743 | 9,429 | 9,429 | 0 | $102.13 | $2.94 |
| Apr 2026Crescent Energy | 834 | 825 | 8,970 | 8,970 | 0 | $100.32 | $2.77 |
| Mar 2026Crescent Energy | 747 | 775 | 9,799 | 8,944 | 855 | $91.38 | $3.04 |
| Feb 2026Crescent Energy | 1,444 | 1,556 | 11,727 | 11,141 | 586 | $64.51 | $3.62 |
| Jan 2026Crescent Energy | 887 | 782 | 10,140 | 10,140 | 0 | $60.04 | $7.72 |
| Dec 2025Vital Energy, | 1,000 | 985 | 7,947 | 7,947 | 0 | $57.97 | $4.26 |
| Nov 2025Vital Energy, | 1,142 | 1,150 | 7,863 | 7,863 | 0 | $60.06 | $3.79 |
| Oct 2025Vital Energy, | 946 | 900 | 5,889 | 5,533 | 356 | $60.89 | $3.19 |
| Sep 2025Vital Energy, | 283 | 291 | 1,524 | 1,524 | 0 | $63.96 | $2.97 |
| Aug 2025Vital Energy, | 562 | 570 | 2,297 | 2,297 | 0 | $64.86 | $2.91 |
| Jul 2025Vital Energy, | 594 | 585 | 1,842 | 1,842 | 0 | $68.39 | $3.20 |
| Jun 2025Vital Energy, | 582 | 595 | 2,417 | 2,417 | 0 | $68.17 | $3.02 |
| May 2025Vital Energy, | 624 | 622 | 2,634 | 2,477 | 157 | $62.17 | $3.12 |
| Apr 2025Vital Energy, | 624 | 636 | 2,450 | 2,450 | 0 | $63.54 | $3.42 |
| Mar 2025Vital Energy, | 673 | 696 | 2,576 | 2,576 | 0 | $68.24 | $4.12 |
| Feb 2025Vital Energy, | 612 | 633 | 2,134 | 2,114 | 20 | $71.53 | $4.19 |
| Jan 2025Vital Energy, | 763 | 738 | 3,510 | 3,510 | 0 | $75.74 | $4.13 |
| Dec 2024Vital Energy, | 788 | 818 | 2,921 | 2,745 | 176 | $70.12 | $3.01 |
| Nov 2024Vital Energy, | 883 | 842 | 3,299 | 3,179 | 120 | $69.95 | $2.12 |
| Oct 2024Vital Energy, | 837 | 839 | 1,738 | 1,721 | 17 | $71.99 | $2.20 |
| Sep 2024Vital Energy, | 328 | 369 | 1,746 | 1,746 | 0 | $70.24 | $2.28 |
| Aug 2024Vital Energy, | 1,392 | 1,374 | 7,653 | 7,535 | 118 | $76.68 | $1.99 |
| Jul 2024Vital Energy, | 861 | 856 | 4,261 | 4,261 | 0 | $81.80 | $2.07 |
| Jun 2024Vital Energy, | 744 | 764 | 4,517 | 4,515 | 2 | $79.77 | $2.54 |
| May 2024Vital Energy, | 902 | 888 | 4,121 | 3,650 | 471 | $80.02 | $2.12 |
| Apr 2024Vital Energy, | 941 | 922 | 4,348 | 4,126 | 222 | $85.35 | $1.60 |
| Mar 2024Vital Energy, | 763 | 758 | 5,479 | 5,479 | 0 | $81.28 | $1.49 |
| Feb 2024Vital Energy, | 421 | 421 | 616 | 541 | 75 | $77.25 | $1.72 |
| Jan 2024Vital Energy, | 1,271 | 1,242 | 4,007 | 2,022 | 1,985 | $74.15 | $3.18 |
| Dec 2023Vital Energy, | 1,274 | 1,287 | 3,725 | 2,108 | 1,617 | $71.90 | $2.52 |
| Nov 2023Vital Energy, | 1,136 | 1,106 | 3,025 | 2,187 | 838 | $77.69 | $2.71 |
| Oct 2023Vital Energy, | 627 | 596 | 1,216 | 870 | 346 | $85.64 | $2.98 |
| Sep 2023Vital Energy, | 0 | 33 | 0 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Vital Energy, | 812 | 868 | 1,185 | 220 | 965 | $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 Sep 28, 2026.
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Nearby
This lease belongs to
Crescent Energy Operating, LLC in Howard County
- DAVIS 36-5 (ALLOC-E)
14,033 bbl
- CHIEF 33-28
16,170 bbl
- GILBERT 25-24 (ALLOC-G)
12,801 bbl
- BUCHANAN B 13-12 (ALLOC-G)
12,293 bbl
- BROUGHTON WISE 18 19 WA
12,193 bbl
- DAVIS 36-5 (ALLOC-G)
13,138 bbl
- GILBERT 25-24 (ALLOC-E)
9,130 bbl
- WORTHY 13-12 (ALLOC-B)
10,670 bbl
- TRENTINO 36-37 (ALLOC-D)
10,179 bbl
- LISA MARIE 34-27
9,701 bbl
Spraberry (Trend Area) field
- HN 249X
11,165 bbl
- BARBEE B 2-1 (ALLOC-E)
6,521 bbl
- BENT NAIL 36
9,902 bbl
- ARLINGTON 33-40 D UNIT
11,590 bbl
- WRS WHEATGRASS 2124C
12,968 bbl
- JONES -C-
13,296 bbl
- RILEY T 1807
6,176 bbl
- SPANISH TRAIL 3-10 A12
9,690 bbl
- SOUTH CURTIS RANCH 3407SP
11,454 bbl
- HOLT RANCH 249I
11,919 bbl
Leases within 10 km
- MR. PHILLIPS 11-02 B
36,529 bbl · 0 km
- SOUTHEAST LUTHER/FUSSELMAN/ UNIT
81,071 bbl · 0.1 km
- THUMPER 14-23 B
107,061 bbl · 0.3 km
- THUMPER 14-23
18,328 bbl · 0.3 km
- THUMPER 14-23 C
36,062 bbl · 0.4 km
- THUMPER 14-23 D
43,244 bbl · 0.5 km
- PRISCILLA 23-14
185,591 bbl · 0.5 km
- MR. PHILLIPS 11-02 A
46,319 bbl · 0.5 km
- SUN GUNNER 10-46 (ALLOC-D)
56,329 bbl · 0.9 km
- SUN GUNNER 10-46 (ALLOC-C)
70,437 bbl · 1 km
Drilling permits within 10 km
NEWDGE A 06-43 #6NH
new drill · horizontal · Surge Operating, LLC · Howard County · 5.9 km
Permit 0918747 · Sep 21, 2026
NEWDGE B 06-43 #7MH
new drill · horizontal · Surge Operating, LLC · Howard County · 5.9 km
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JOTUNN UNIT A 25-24 #1AH
new drill · horizontal · Surge Operating, LLC · Borden County · 8.4 km
Permit 0918029 · Aug 25, 2026
JOTUNN UNIT A 25-24 #1JH
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GEMSBOK NORTH #1SW
new drill · Outlaw Water Services LLC · Howard County · 7.7 km
Permit 0915623 · May 20, 2026