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RANCH 5

Ranch 5 is an oil lease in Andrews County, Texas, operated by Crescent Energy Operating, LLC in the Fuhrman-Mascho field.

13 wells

3,106bbl oil, last 12 months0% vs prior year
RRC lease
08-39633

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
1,740 mcf
Oil in Jul 2026
263 bbl

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).

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

See why checks stop on this lease

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for RANCH 5, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 3,106 bbl in the 12 months through Jul 2026, against 3,116 bbl in the 12 months before.Last 12 months: 3,106 bblbbl per monthmcf per month001002002004003006004008005001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for RANCH 5, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 3,106 bbl in the 12 months through Jul 2026, against 3,116 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002002004003006004008005001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a transmission line in the last 12 months

Flaring peaked at 87.5% of the gas in Mar 2024.

  • Transmission line (2)
  • Flared (4)
97% of the gas went to a transmission line in the last 12 monthsShare of RANCH 5 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 87.5% of the gas in Mar 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 87.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a transmission line in the last 12 monthsShare of RANCH 5 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 87.5% of the gas in Mar 2024.Share of gas by disposition code0%50%100%Flared 87.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 1,687 mcf

  • Flared (4)

    3.0% · 53 mcf

3.0% of the gas flared in the last 12 months. 22 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.

13 wells on this lease

Wells on RANCH 5
API numberWell no.Status
42-003-410191Active
42-003-412142Active
42-003-412373Active
42-003-412384Shut-in
42-003-412556Shut-in
42-003-412985Active
42-003-413587Shut-in
42-003-4279711Active
42-003-429369Shut-in
42-003-4360123Shut-in
42-003-4386510Shut-in
42-003-4431429Active
42-003-4433828Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Nov 1, 2020–
Dcp Operating Company, LPCasinghead gasBuys50Apr 2, 2020–
James Lake Midstream LLCCasinghead gasBuys50Apr 2, 2020–
Dcp Operating Company, LPCasinghead gasGathers50Apr 2, 2020–
James Lake Midstream LLCCasinghead gasGathers50Apr 2, 2020–
Shell Trading (Us) CompanyOilGathers100Apr 2, 2020Nov 1, 2020
Dcp Operating Company, LPCasinghead gasGathers25Apr 1, 2017Apr 2, 2020
James Lake Midstream LLCCasinghead gasGathers75Sep 29, 2015Apr 2, 2020
Dcp Operating Company, LPCasinghead gasBuys25Apr 1, 2017Apr 2, 2020
James Lake Midstream LLCCasinghead gasBuys75Sep 29, 2015Apr 2, 2020
Enterprise Crude Pipeline LLCOilGathers100Mar 1, 2015Apr 2, 2020

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

120.12 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 120 and 120.12 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    13 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 Ranch 5
API numberWell no.Acreson the permit
42-003-4433828120.12
42-003-4431429120.12
42-003-4386510120.12
42-003-4360123120
42-003-429369120.12
42-003-4279711120
42-003-413587120
42-003-412985120
42-003-412556120
42-003-412373120
42-003-412384120
42-003-412142120

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 RANCH 5
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Crescent Energy2632681491472$80.46$2.89
Jun 2026Crescent Energy24425916312637$84.81$3.15
May 2026Crescent Energy25622718517114$102.13$2.94
Apr 2026Crescent Energy4144131651650$100.32$2.77
Mar 2026Crescent Energy2652671341340$91.38$3.04
Feb 2026Crescent Energy24322659590$64.51$3.62
Jan 2026Crescent Energy17819264640$60.04$7.72
Dec 2025Crescent Energy2462431271270$57.97$4.26
Nov 2025Crescent Energy2352361421420$60.06$3.79
Oct 2025Contango Resources,2522561201200$60.89$3.19
Sep 2025Contango Resources,2532492062060$63.96$2.97
Aug 2025Contango Resources,2572602262260$64.86$2.91
Jul 2025Contango Resources,2732701631630$68.39$3.20
Jun 2025Contango Resources,2572571811810$68.17$3.02
May 2025Contango Resources,2872941951950$62.17$3.12
Apr 2025Contango Resources,2832761191190$63.54$3.42
Mar 2025Contango Resources,2732711249826$68.24$4.12
Feb 2025Contango Resources,24725322288134$71.53$4.19
Jan 2025Contango Resources,239234234120114$75.74$4.13
Dec 2024Contango Resources,26727124179162$70.12$3.01
Nov 2024Contango Resources,246244246141105$69.95$2.12
Oct 2024Contango Resources,26225927671205$71.99$2.20
Sep 2024Contango Resources,235229382198184$70.24$2.28
Aug 2024Contango Resources,24725125616492$76.68$1.99
Jul 2024Contango Resources,243245300172128$81.80$2.07
Jun 2024Contango Resources,26526537332944$79.77$2.54
May 2024Contango Resources,278272538382156$80.02$2.12
Apr 2024Contango Resources,255262425292133$85.35$1.60
Mar 2024Contango Resources,26625635945314$81.28$1.49
Feb 2024Contango Resources,24324332878250$77.25$1.72
Jan 2024Contango Resources,261265313197116$74.15$3.18
Dec 2023Contango Resources,303302344232112$71.90$2.52
Nov 2023Contango Resources,282281331224107$77.69$2.71
Oct 2023Contango Resources,291290336232104$85.64$2.98
Sep 2023Contango Resources,31531536928287$89.43$2.64
Aug 2023Contango Resources,321322378230148$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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Crescent Energy Operating, LLC in Andrews County

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