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PHILLIPS UNIVERSITY "P"

Phillips University "P" is a gas well in Andrews County, Texas, operated by Crescent Energy Operating, LLC in the Martin (Consolidated) field.

Gas well dossier

0mcf gas, last 12 months
Operator
Crescent Energy Operating, LLC
County
Andrews County
Field
Martin (Consolidated)
RRC lease
08-219754

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas in Jul 2026
0 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Crescent Energy Operating, LLC took over from Contango Resources, LLC in Nov 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since May 1, 2026 (last P-5 filed Feb 20, 2025).

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

No gas produced in the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
No gas produced in the last 12 monthsMonthly gas production and oil for PHILLIPS UNIVERSITY "P", Aug 2023 to Jul 2026. No gas produced in the last 12 months. The last month with output was Nov 2024, at 79 mcf.Last 12 months: 0 mcfmcf per monthbbl per month00200254005060075800100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No gas produced in the last 12 monthsMonthly gas production and oil for PHILLIPS UNIVERSITY "P", Aug 2023 to Jul 2026. No gas produced in the last 12 months. The last month with output was Nov 2024, at 79 mcf.Last 12 monthsmcf per monthbbl per month00200254005060075800100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

85% of the gas went to a transmission line in the last 12 months

Flaring peaked at 51.9% of the gas in Aug 2024.

  • Transmission line (2)
  • Flared (4)
85% of the gas went to a transmission line in the last 12 monthsShare of PHILLIPS UNIVERSITY "P" gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 51.9% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 51.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
85% of the gas went to a transmission line in the last 12 monthsShare of PHILLIPS UNIVERSITY "P" gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 51.9% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Flared 51.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    85% · 4,250 mcf

  • Flared (4)

    15% · 748 mcf

15.0% of the gas flared in the last 12 months. 12 months above 3%.

Who has run this lease

The operator changed 4 times, most recently in Nov 2025

Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Nov 2021; Contango Resources, Inc., Dec 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Oct 2025; Crescent Energy Operating, LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Dec 2021Changed Jan 2022Changed Nov 2025Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Nov 2021Contango Resources, Inc.Dec 2021 to Dec 2021Contango Resources, LLCJan 2022 to Oct 2025Crescent Energy Operating, LLCNov 2025 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Nov 2021; Contango Resources, Inc., Dec 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Oct 2025; Crescent Energy Operating, LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Dec 2021Changed Jan 2022Changed Nov 2025Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Nov 2021Contango Resources, Inc.Dec 2021 to Dec 2021Contango Resources, LLCJan 2022 to Oct 2025Crescent Energy Operating, LLCNov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCCondensateGathers100Jul 1, 2015–
Dcp Operating Company, LPGas-well gasBuys50Dec 1, 2021–
James Lake Midstream LLCGas-well gasBuys50Dec 1, 2021–
Dcp Operating Company, LPGas-well gasGathers50Dec 1, 2021–
James Lake Midstream LLCGas-well gasGathers50Dec 1, 2021–
Dcp Operating Company, LPGas-well gasGathers75Apr 1, 2017Dec 1, 2021
James Lake Midstream LLCGas-well gasGathers25Apr 1, 2017Dec 1, 2021
Dcp Operating Company, LPGas-well gasBuys75Apr 1, 2017Dec 1, 2021
James Lake Midstream LLCGas-well gasBuys25Apr 1, 2017Dec 1, 2021

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

Who buys my oilOil price check

168 acres on the newest permit

Check your decimal on this lease
Permits for Phillips University "P"
API numberWell no.Acreson the permit
42-003-391563168

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 PHILLIPS UNIVERSITY "P"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Crescent Energy00000$80.46$2.89
Jun 2026Crescent Energy00000$84.81$3.15
May 2026Crescent Energy00000$102.13$2.94
Apr 2026Crescent Energy00000$100.32$2.77
Mar 2026Crescent Energy00000$91.38$3.04
Feb 2026Crescent Energy00000$64.51$3.62
Jan 2026Crescent Energy00000$60.04$7.72
Dec 2025Crescent Energy00000$57.97$4.26
Nov 2025Crescent Energy00000$60.06$3.79
Oct 2025Contango Resources,00000$60.89$3.19
Sep 2025Contango Resources,00000$63.96$2.97
Aug 2025Contango Resources,00000$64.86$2.91
Jul 2025Contango Resources,00000$68.39$3.20
Jun 2025Contango Resources,00000$68.17$3.02
May 2025Contango Resources,00000$62.17$3.12
Apr 2025Contango Resources,00000$63.54$3.42
Mar 2025Contango Resources,00000$68.24$4.12
Feb 2025Contango Resources,00000$71.53$4.19
Jan 2025Contango Resources,00000$75.74$4.13
Dec 2024Contango Resources,00000$70.12$3.01
Nov 2024Contango Resources,91579790$69.95$2.12
Oct 2024Contango Resources,312830427727$71.99$2.20
Sep 2024Contango Resources,515942037743$70.24$2.28
Aug 2024Contango Resources,6765472227245$76.68$1.99
Jul 2024Contango Resources,5859472277195$81.80$2.07
Jun 2024Contango Resources,413452148140$79.77$2.54
May 2024Contango Resources,962342340$80.02$2.12
Apr 2024Contango Resources,00000$85.35$1.60
Mar 2024Contango Resources,003673616$81.28$1.49
Feb 2024Contango Resources,475844637571$77.25$1.72
Jan 2024Contango Resources,848553051218$74.15$3.18
Dec 2023Contango Resources,969956450361$71.90$2.52
Nov 2023Contango Resources,919658954742$77.69$2.71
Oct 2023Contango Resources,8574677503174$85.64$2.98
Sep 2023Contango Resources,8887579445134$89.43$2.64
Aug 2023Contango Resources,95107610295315$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

This lease belongs to

OperatorCrescent Energy Operating, LLCFieldMartin (Consolidated)CountyAndrews County

Crescent Energy Operating, LLC in Andrews County

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Martin (Consolidated) field

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New drilling permits in Andrews County

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