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Texas oil lease

Producing

PEDRO VEGA UNIT

Pedro Vega Unit is an oil lease in Lee County, Texas, operated by EOG Resources, Inc. in the Southern Bay (Eagle Ford) field.

2 wells

14,528bbl oil, last 12 months−20% vs prior year
RRC lease
03-26658

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas, last 12 months
4,031 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: EOG Resources, Inc. took over from Crescent Pass Energy, LLC in Jun 2026.

  • Buyer

    Buyer changed: EOG RESOURCES, INC. replaced CRESCENT PASS ENERGY, LLC as the buyer of this lease's gas from oil wells on Jun 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for PEDRO VEGA UNIT, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 14,528 bbl in the 12 months through Jul 2026, against 18,057 bbl in the 12 months before.Last 12 months: 14,528 bblbbl per monthmcf per month005002501,0005001,5007502,0001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for PEDRO VEGA UNIT, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 14,528 bbl in the 12 months through Jul 2026, against 18,057 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002501,0005001,5007502,0001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

81% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

  • Lease fuel (1)
  • Flared (4)
81% of the gas went to flaring in the last 12 monthsShare of PEDRO VEGA UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
81% of the gas went to flaring in the last 12 monthsShare of PEDRO VEGA UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    81% · 3,247 mcf

  • Lease fuel (1)

    19% · 784 mcf

80.6% of the gas flared in the last 12 months. 35 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Jun 2026

Operators of this lease over timeArmor Lonestar, LLC, Jan 2020 to Jul 2021; Crescent Pass Energy, LLC, Aug 2021 to May 2026; EOG Resources, Inc., Jun 2026 to Jul 20262020202120222023202420252026Changed Aug 2021Changed Jun 2026Armor Lonestar, LLCJan 2020 to Jul 2021Crescent Pass Energy, LLCAug 2021 to May 2026EOG Resources, Inc.Jun 2026 to now
Operators of this lease over timeArmor Lonestar, LLC, Jan 2020 to Jul 2021; Crescent Pass Energy, LLC, Aug 2021 to May 2026; EOG Resources, Inc., Jun 2026 to Jul 20262020202120222023202420252026Changed Aug 2021Changed Jun 2026Armor Lonestar, LLCJan 2020 to Jul 2021Crescent Pass Energy, LLCAug 2021 to May 2026EOG Resources, Inc.Jun 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PEDRO VEGA UNIT
API numberWell no.Status
42-287-326571HActive
42-287-326582HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers90Jun 1, 2026–
Eog Resources Marketing LLCOilGathers10Jun 1, 2026–
Eog Resources, Inc.Casinghead gasBuys100Jun 1, 2026–
Eog Resources, Inc.Casinghead gasGathers100Jun 1, 2026–
Tiger Gas Services LLCCasinghead gasGathers100Aug 30, 2021Jun 1, 2026
Crescent Pass Energy, LLCCasinghead gasBuys100Aug 30, 2021Jun 1, 2026
Energy Trans Crude Marketing LLCOilGathers50Mar 1, 2025Jun 1, 2026
Shell Trading (Us) CompanyOilGathers50Oct 21, 2020Jun 1, 2026
Tiger Gas Services LLCOilGathers50Aug 30, 2021Mar 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Oct 21, 2020Aug 30, 2021

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

551.29 acres on the newest permit

  • 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 Pedro Vega Unit
API numberWell no.Acreson the permit
42-287-326571H551.29
42-287-326582H551.29

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

What EOG Resources, Inc. told investors it received

EOG Resources, Inc. is linked to EOG Resources, Inc. (EOG).
Realized prices reported by EOG Resources, Inc.
QuarterOil$ per bblFiling
Q2 2026$98.15SEC filing
Q1 2026$72.47SEC filing
Q3 2025$65.95SEC filing
Q2 2025$64.82SEC filing
Q1 2025$72.87SEC filing
Q3 2024$76.92SEC filing

SourceEOG Resources, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for PEDRO VEGA UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026EOG Resources,01776000$80.46$2.89
Jun 2026EOG Resources,6787139070183$84.81$3.15
May 2026Crescent Pass1,7031,9425590559$102.13$2.94
Apr 2026Crescent Pass1,7591,5472960296$100.32$2.77
Mar 2026Crescent Pass1,2961,28145045$91.38$3.04
Feb 2026Crescent Pass73774598098$64.51$3.62
Jan 2026Crescent Pass1,2341,1013140314$60.04$7.72
Dec 2025Crescent Pass1,5061,6332610261$57.97$4.26
Nov 2025Crescent Pass1,3441,2903080308$60.06$3.79
Oct 2025Crescent Pass1,4261,4883890389$60.89$3.19
Sep 2025Crescent Pass1,3651,2933970397$63.96$2.97
Aug 2025Crescent Pass1,4801,4823970397$64.86$2.91
Jul 2025Crescent Pass1,4411,4963480348$68.39$3.20
Jun 2025Crescent Pass1,4541,4763380338$68.17$3.02
May 2025Crescent Pass1,4031,3213370337$62.17$3.12
Apr 2025Crescent Pass1,4611,4643680368$63.54$3.42
Mar 2025Crescent Pass1,5871,8093110311$68.24$4.12
Feb 2025Crescent Pass1,2491,2662510251$71.53$4.19
Jan 2025Crescent Pass1,5751,4703660366$75.74$4.13
Dec 2024Crescent Pass1,5891,4724370437$70.12$3.01
Nov 2024Crescent Pass1,5321,6273970397$69.95$2.12
Oct 2024Crescent Pass1,5271,4484280428$71.99$2.20
Sep 2024Crescent Pass1,6411,6534620462$70.24$2.28
Aug 2024Crescent Pass1,5981,6324750475$76.68$1.99
Jul 2024Crescent Pass1,6211,8104760476$81.80$2.07
Jun 2024Crescent Pass1,6341,6324930493$79.77$2.54
May 2024Crescent Pass1,8441,6665230523$80.02$2.12
Apr 2024Crescent Pass1,6291,7284650465$85.35$1.60
Mar 2024Crescent Pass1,5881,4474130413$81.28$1.49
Feb 2024Crescent Pass1,7311,6424430443$77.25$1.72
Jan 2024Crescent Pass1,7592,0424430443$74.15$3.18
Dec 2023Crescent Pass1,8821,6865770577$71.90$2.52
Nov 2023Crescent Pass1,8421,8646210621$77.69$2.71
Oct 2023Crescent Pass1,8462,0176030603$85.64$2.98
Sep 2023Crescent Pass1,9321,8535710571$89.43$2.64
Aug 2023Crescent Pass1,9812,2215530553$81.39$2.58

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

EOG Resources, Inc. in Lee County

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Southern Bay (Eagle Ford) field

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