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Texas oil lease

Producing

RAY 27

Ray 27 is an oil lease in Glasscock County, Texas, operated by Crescent Energy Operating, LLC in the Garden City, S. (Wolfcamp) field.

3 wells

60bbl oil, last 12 months+40% vs prior year
Operator
Crescent Energy Operating, LLC
County
Glasscock County
Field
Garden City, S. (Wolfcamp)
RRC lease
08-52535

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
776 mcf
Oil in Jun 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Crescent Energy Operating, LLC took over from Vital Energy, Inc. in Jan 2026.

  • Sales

    No sales reported for the last 6 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

Oil output rose 40% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 40% over the last 12 monthsMonthly oil production and gas for RAY 27, Aug 2023 to Jul 2026. Oil output rose 40% over the last 12 months. 60 bbl in the 12 months through Jul 2026, against 43 bbl in the 12 months before.Last 12 months: 60 bblbbl per monthmcf per month00202504050060750801,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 40% over the last 12 monthsMonthly oil production and gas for RAY 27, Aug 2023 to Jul 2026. Oil output rose 40% over the last 12 months. 60 bbl in the 12 months through Jul 2026, against 43 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00202504050060750801,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 3.8% of the gas in May 2026.

  • Transmission line (2)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of RAY 27 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 3.8% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of RAY 27 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 3.8% of the gas in May 2026.Share of gas by disposition code0%50%100%Flared 3.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 773 mcf

  • Flared (4)

    0.4% · 3 mcf

0.4% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed 2 times, most recently in Jan 2026

Operators of this lease over timeLaredo Petroleum, Inc., Jan 2020 to Jan 2023; Vital Energy, Inc., Feb 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2023Changed Jan 2026Laredo Petroleum, Inc.Jan 2020 to Jan 2023Vital Energy, Inc.Feb 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeLaredo Petroleum, Inc., Jan 2020 to Jan 2023; Vital Energy, Inc., Feb 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2023Changed Jan 2026Laredo Petroleum, Inc.Jan 2020 to Jan 2023Vital Energy, Inc.Feb 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on RAY 27
API numberWell no.Status
42-173-344751Active
42-173-347122Active
42-173-3554227PShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Rio Energy International, Inc.OilGathers100Mar 9, 2023–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 9, 2023–
Vital Midstream Services, LLCCasinghead gasGathers100Mar 9, 2023–
Laredo Midstream Services, LLCCasinghead gasGathers33Aug 1, 2019Mar 9, 2023
Targa Midstream Services LLCCasinghead gasGathers33Aug 1, 2019Mar 9, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers34Aug 1, 2019Mar 9, 2023
Coronado Midstream LLCCasinghead gasBuys33Aug 1, 2019Mar 9, 2023
Targa Midstream Services LLCCasinghead gasBuys33Aug 1, 2019Mar 9, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys34Aug 1, 2019Mar 9, 2023

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

Who buys my oilOil price check

205.48 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 205.47 and 205.48 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A substandard-acreage flag is in the permit records

    The RRC permit records include a substandard-acreage flag. Ask which acreage applies to your well and how it was used in your decimal.

Check your decimal on this lease
Permits for Ray 27
API numberWell no.Acreson the permit
42-173-347122205.48
42-173-3554227P205.47
42-173-344751205.48

SourceRailroad Commission drilling permits, Sep 26, 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 RAY 27
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy0092920$84.81$3.15
May 2026Crescent Energy3078753$102.13$2.94
Apr 2026Crescent Energy56079790$100.32$2.77
Mar 2026Crescent Energy101341340$91.38$3.04
Feb 2026Crescent Energy0016160$64.51$3.62
Jan 2026Crescent Energy05170700$60.04$7.72
Dec 2025Vital Energy,06038380$57.97$4.26
Nov 2025Vital Energy,0040400$60.06$3.79
Oct 2025Vital Energy,0045450$60.89$3.19
Sep 2025Vital Energy,0067670$63.96$2.97
Aug 2025Vital Energy,0062620$64.86$2.91
Jul 2025Vital Energy,0055550$68.39$3.20
Jun 2025Vital Energy,0014140$68.17$3.02
May 2025Vital Energy,00000$62.17$3.12
Apr 2025Vital Energy,00000$63.54$3.42
Mar 2025Vital Energy,0030300$68.24$4.12
Feb 2025Vital Energy,0014140$71.53$4.19
Jan 2025Vital Energy,00000$75.74$4.13
Dec 2024Vital Energy,001111110$70.12$3.01
Nov 2024Vital Energy,003483480$69.95$2.12
Oct 2024Vital Energy,005425420$71.99$2.20
Sep 2024Vital Energy,4307167160$70.24$2.28
Aug 2024Vital Energy,01837617610$76.68$1.99
Jul 2024Vital Energy,7108238230$81.80$2.07
Jun 2024Vital Energy,6908568560$79.77$2.54
May 2024Vital Energy,5107927920$80.02$2.12
Apr 2024Vital Energy,651929189180$85.35$1.60
Mar 2024Vital Energy,6309649640$81.28$1.49
Feb 2024Vital Energy,721739719710$77.25$1.72
Jan 2024Vital Energy,7708708700$74.15$3.18
Dec 2023Vital Energy,7019049040$71.90$2.52
Nov 2023Vital Energy,711729379370$77.69$2.71
Oct 2023Vital Energy,6004394390$85.64$2.98
Sep 2023Vital Energy,6308128120$89.43$2.64
Aug 2023Vital Energy,631899669660$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 Oct 2, 2026.

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Nearby

This lease belongs to

OperatorCrescent Energy Operating, LLCFieldGarden City, S. (Wolfcamp)CountyGlasscock County

Crescent Energy Operating, LLC in Glasscock County

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Garden City, S. (Wolfcamp) field

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