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Texas oil lease

Producing

RED CREST TRUST UNIT

Red Crest Trust Unit is an oil lease in Karnes County, Texas, operated by Repsol Oil & Gas USA, LLC in the Eagleville (Eagle Ford-2) field.

8 wells

37,186bbl oil, last 12 months−1% vs prior year
RRC lease
02-10384

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
108,679 mcf
Oil in Jul 2026
2,980 bbl

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 RED CREST TRUST UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 37,186 bbl in the 12 months through Jul 2026, against 37,730 bbl in the 12 months before.Last 12 months: 37,186 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for RED CREST TRUST UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 37,186 bbl in the 12 months through Jul 2026, against 37,730 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2025 the lease's gas goes to lease fuel instead of other uses

Flaring peaked at 8.9% of the gas in Feb 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Other (5 to 8)
  • Flared (4)
Since Dec 2025 the lease's gas goes to lease fuel instead of other usesShare of RED CREST TRUST UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to lease fuel instead of other uses. Flaring peaked at 8.9% of the gas in Feb 2026.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2025: other to fuelFlared 8.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2025 the lease's gas goes to lease fuel instead of other usesShare of RED CREST TRUST UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to lease fuel instead of other uses. Flaring peaked at 8.9% of the gas in Feb 2026.Share of gas by disposition code0%50%100%Dec 25: other to fuelFlared 8.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    65% · 70,222 mcf

  • Other (5 to 8)

    27% · 29,653 mcf

  • Processing plant (3)

    6.0% · 6,503 mcf

  • Flared (4)

    2.1% · 2,301 mcf

2.1% of the gas flared in the last 12 months. 2 months above 3%.

8 wells on this lease

Wells on RED CREST TRUST UNIT
API numberWell no.Status
42-255-32718A 1HActive
42-255-32731B 2HActive
42-255-32746A 2HActive
42-255-35479B 1HShut-in
42-255-35480B 3HActive
42-255-35481B 4HActive
42-255-35486B 6HActive
42-255-35491B 5HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Repsol Oil & Gas Usa, LLCOilGathers100Dec 6, 2019–
Repsol Oil & Gas Usa, LLCCasinghead gasBuys100Dec 6, 2019–
Repsol Oil & Gas Usa, LLCCasinghead gasGathers100Dec 6, 2019–
Equinor Texas Onshore Prop LLCCasinghead gasGathers100May 16, 2018Dec 6, 2019
Equinor Pipelines LLCCasinghead gasBuys63May 16, 2018Dec 6, 2019
Repsol Oil & Gas Usa, LLCCasinghead gasBuys37May 16, 2018Dec 6, 2019
Equinor Mktg & Trading (Us) Inc.OilGathers50May 16, 2018Dec 6, 2019
Equinor Texas Onshore Prop LLCOilGathers50May 16, 2018Dec 6, 2019

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

494.97 acres on the newest permit

8 wells are listed on this lease

Permits for Red Crest Trust Unit
API numberWell no.Acreson the permit
42-255-35491B 5H494.97
42-255-32731B 2H494.97
42-255-35479B 1H494.97
42-255-35480B 3H494.97
42-255-35481B 4H494.97
42-255-35486B 6H494.97
42-255-32746A 2H494.97
42-255-32718A 1H494.97

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

Estimate your royalty

36 months, newest first

Ledger for RED CREST TRUST UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,9803,2028,6290752$80.46$2.89
Jun 20262,5942,6677,830863120$84.81$3.15
May 20262,7532,5046,5850164$102.13$2.94
Apr 20262,7673,2289,0271,55064$100.32$2.77
Mar 20263,3423,0968,1291,07488$91.38$3.04
Feb 20262,6032,7127,2630644$64.51$3.62
Jan 20264,8584,67113,3481,45764$60.04$7.72
Dec 20252,5482,5287,549056$57.97$4.26
Nov 20253,0033,65510,804046$60.06$3.79
Oct 20253,0002,4209,636058$60.89$3.19
Sep 20253,6493,57711,513078$63.96$2.97
Aug 20253,0892,8698,3661,559167$64.86$2.91
Jul 20253,0943,05515,7732,08425$68.39$3.20
Jun 20252,9313,36116,498016$68.17$3.02
May 20253,3763,26715,64700$62.17$3.12
Apr 20253,0303,04315,0461,5750$63.54$3.42
Mar 20253,7383,59318,53200$68.24$4.12
Feb 20253,6323,8345,75600$71.53$4.19
Jan 20253,5173,4707,0591,5490$75.74$4.13
Dec 20244,5184,4048,8072,7770$70.12$3.01
Nov 20249,7429,78614,3509,4960$69.95$2.12
Oct 2024152063900$71.99$2.20
Sep 202400000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 20243185517191600$81.80$2.07
Jun 20242,8122,8877,4061,4790$79.77$2.54
May 20244,5524,1747,2702,1970$80.02$2.12
Apr 20241,7892,1644,916580$85.35$1.60
Mar 20244,6404,4646,3601,5060$81.28$1.49
Feb 20243,5924,1173,1235270$77.25$1.72
Jan 20242,0161,9403,0986010$74.15$3.18
Dec 20234,5654,4438,2012,5700$71.90$2.52
Nov 20233,6243,4726,1571,4500$77.69$2.71
Oct 20233,9154,0147,2061,5760$85.64$2.98
Sep 20234,5924,5447,1471,9150$89.43$2.64
Aug 20234,0244,6737,3321,7030$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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