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OPPENHEIMER 188

Oppenheimer 188 is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Wolfbone (Trend Area) field.

6 wells

27,095bbl oil, last 12 months−16% vs prior year
Operator
Crescent Energy Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-46967

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
91,937 mcf
Oil in Jun 2026
2,325 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 16% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for OPPENHEIMER 188, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 24,838 bbl in the 12 months through Jul 2026, against 29,742 bbl in the 12 months before.Last 12 months: 24,838 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for OPPENHEIMER 188, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 24,838 bbl in the 12 months through Jul 2026, against 29,742 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
90% of the gas went to a transmission line in the last 12 monthsShare of OPPENHEIMER 188 gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
90% of the gas went to a transmission line in the last 12 monthsShare of OPPENHEIMER 188 gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    90% · 82,490 mcf

  • Lease fuel (1)

    10.0% · 9,182 mcf

  • Flared (4)

    0.3% · 265 mcf

0.3% of the gas flared in the last 12 months. No month above 3%.

Who has run this lease

The operator changed 3 times, most recently in Jan 2026

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Jan 2021; Forge Energy Operating, LLC, Feb 2021 to Jun 2023; Vital Energy, Inc., Jul 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2021Changed Jul 2023Changed Jan 2026OXY USA WTP LPJan 2020 to Jan 2021Forge Energy Operating, LLCFeb 2021 to Jun 2023Vital Energy, Inc.Jul 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Jan 2021; Forge Energy Operating, LLC, Feb 2021 to Jun 2023; Vital Energy, Inc., Jul 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2021Changed Jul 2023Changed Jan 2026OXY USA WTP LPJan 2020 to Jan 2021Forge Energy Operating, LLCFeb 2021 to Jun 2023Vital Energy, Inc.Jul 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

6 wells on this lease

Wells on OPPENHEIMER 188
API numberWell no.Status
42-389-342571HActive
42-389-344252HActive
42-389-349466HShut-in
42-389-3576412HActive
42-389-3576613HShut-in
42-389-3647914HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Trafigura Trading LLCOilGathers100Jan 1, 2025–
Energy Transfer CompanyCasinghead gasBuys100Feb 1, 2021–
Energy Transfer CompanyCasinghead gasGathers100Feb 1, 2021–
Dk Trading & Supply, LLCOilGathers100Jul 1, 2023Jan 1, 2025
Lion Oil Trading & Trans, LLCOilGathers100Feb 1, 2021Jul 1, 2023
Eagleclaw Midstream Ventures,llcCasinghead gasGathers50Sep 1, 2017Feb 1, 2021
Energy Transfer CompanyCasinghead gasGathers50Sep 1, 2017Feb 1, 2021
Eagleclaw Midstream Ventures,llcCasinghead gasBuys50Sep 1, 2017Feb 1, 2021
Energy Transfer CompanyCasinghead gasBuys50Sep 1, 2017Feb 1, 2021

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

Who buys my oilOil price check

725.27 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 639.88 and 725.27 acres. Use the acres from your own division order for the well you are paid on.

  • 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.

Check your decimal on this lease
Permits for Oppenheimer 188
API numberWell no.Acreson the permit
42-389-3647914H725.27
42-389-3576412H725.27
42-389-3576613H725.27
42-389-349466H639.88
42-389-344252H639.88
42-389-342571H639.88

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

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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 OPPENHEIMER 188
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy2,3252,35511,94410,704126$84.81$3.15
May 2026Crescent Energy2,5242,5248,8078,8070$102.13$2.94
Apr 2026Crescent Energy2,9542,9188,2497,32130$100.32$2.77
Mar 2026Crescent Energy2,4742,4659,8268,72338$91.38$3.04
Feb 2026Crescent Energy1,8521,8676,1605,35540$64.51$3.62
Jan 2026Crescent Energy2,1192,1154,5874,02517$60.04$7.72
Dec 2025Vital Energy,2,4092,4008,0617,0841$57.97$4.26
Nov 2025Vital Energy,2,0482,0486,0575,3190$60.06$3.79
Oct 2025Vital Energy,2,1302,1736,2805,5181$60.89$3.19
Sep 2025Vital Energy,1,7771,7394,6564,1239$63.96$2.97
Aug 2025Vital Energy,2,2262,22710,2069,1581$64.86$2.91
Jul 2025Vital Energy,2,2572,2477,1046,3532$68.39$3.20
Jun 2025Vital Energy,2,4292,4538,2127,3358$68.17$3.02
May 2025Vital Energy,3,1063,10016,15514,3343$62.17$3.12
Apr 2025Vital Energy,2,8292,8107,1786,2321$63.54$3.42
Mar 2025Vital Energy,2,6072,6273,2862,8841$68.24$4.12
Feb 2025Vital Energy,2,8362,8296,0605,0830$71.53$4.19
Jan 2025Vital Energy,2,2472,2294,3583,4300$75.74$4.13
Dec 2024Vital Energy,2,1832,2013,4962,81635$70.12$3.01
Nov 2024Vital Energy,2,2972,2944,5083,8190$69.95$2.12
Oct 2024Vital Energy,2,2612,2545,0864,2820$71.99$2.20
Sep 2024Vital Energy,1,9521,98110,0718,0480$70.24$2.28
Aug 2024Vital Energy,2,7382,7415,0503,9880$76.68$1.99
Jul 2024Vital Energy,2,5972,5916,3305,0210$81.80$2.07
Jun 2024Vital Energy,2,5362,5307,0695,5920$79.77$2.54
May 2024Vital Energy,2,6442,6284,5653,6982$80.02$2.12
Apr 2024Vital Energy,2,4042,4705,9694,8810$85.35$1.60
Mar 2024Vital Energy,2,6822,6225,4924,5620$81.28$1.49
Feb 2024Vital Energy,2,4762,4723,5642,9630$77.25$1.72
Jan 2024Vital Energy,2,6692,6656,6425,4450$74.15$3.18
Dec 2023Vital Energy,2,6472,6475,6524,7720$71.90$2.52
Nov 2023Vital Energy,1,8621,8444,3713,6347$77.69$2.71
Oct 2023Vital Energy,1,9181,9233,3012,7940$85.64$2.98
Sep 2023Vital Energy,2,5762,6178,0336,7890$89.43$2.64
Aug 2023Vital Energy,2,4642,8206,4115,27227$81.39$2.58

No report filed

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, LLCFieldWolfbone (Trend Area)CountyReeves County

Crescent Energy Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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