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Texas oil lease

Producing

RED CREST UNIT

Red Crest Unit is an oil lease in Karnes County, Texas, operated by Devon Energy Production Co, L.P. in the Eagleville (Eagle Ford-2) field.

1 well

1,331bbl oil, last 12 months−11% vs prior year
RRC lease
02-10092

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
8,421 mcf
Oil in Jul 2026
7 bbl

Production by month

Oil output fell 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for RED CREST UNIT, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 1,331 bbl in the 12 months through Jul 2026, against 1,497 bbl in the 12 months before.Last 12 months: 1,331 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for RED CREST UNIT, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 1,331 bbl in the 12 months through Jul 2026, against 1,497 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2023 the lease's gas goes to lease fuel instead of a processing plant

Flaring peaked at 18.9% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2023 the lease's gas goes to lease fuel instead of a processing plantShare of RED CREST UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 18.9% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2023: plant to fuelFlared 18.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2023 the lease's gas goes to lease fuel instead of a processing plantShare of RED CREST UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 18.9% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Nov 23: plant to fuelFlared 18.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    75% · 6,355 mcf

  • Processing plant (3)

    21% · 1,801 mcf

  • Flared (4)

    3.1% · 265 mcf

3.1% of the gas flared in the last 12 months. 14 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Sep 2022

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Apr 2021; Validus NRG Aquilas Assetco LLC, May 2021 to Aug 2022; Devon Energy Production Co, L.P., Sep 2022 to Jul 20262020202120222023202420252026Changed Feb 2020Changed May 2021Changed Sep 2022Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to Apr 2021Validus NRG Aquilas Assetco L…May 2021 to Aug 2022Devon Energy Production Co, L…Sep 2022 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Apr 2021; Validus NRG Aquilas Assetco LLC, May 2021 to Aug 2022; Devon Energy Production Co, L.P., Sep 2022 to Jul 20262020202120222023202420252026Changed Feb 2020Changed May 2021Changed Sep 2022Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to Apr 2021Validus NRG Aquilas Assetco LLCMay 2021 to Aug 2022Devon Energy Production Co, L.P.Sep 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RED CREST UNIT
API numberWell no.Status
42-255-321951HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers20Apr 1, 2023–
Harvest Marketing & Trading, LLCOilGathers20Apr 1, 2023–
Mv Purchasing, LLCOilGathers20Feb 1, 2025–
Phillips 66 CompanyOilGathers20Apr 1, 2023–
Plains Pipeline L.p.OilGathers10Feb 1, 2025–
Shell Trading (Us) CompanyOilGathers10Apr 1, 2023–
Enterprise Products Operating LLCCasinghead gasBuys100Jun 1, 2020–
Enterprise Products Operating LLCCasinghead gasGathers100Jun 1, 2020–
Ironwood Midst Energy Ptnrs LLCOilGathers10Apr 1, 2023Feb 1, 2025
Mv Purchasing, LLCOilGathers10Apr 1, 2023Feb 1, 2025
Valero Marketing and Supply Co.OilGathers10Apr 1, 2023Feb 1, 2025
Harvest Marketing & Trading, LLCOilGathers50Dec 1, 2022Apr 1, 2023
Phillips 66 CompanyOilGathers50Dec 1, 2022Apr 1, 2023
Ptt Premier Trading and Tran LLCOilGathers100Jan 1, 2022Dec 1, 2022

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

627.17 acres on the newest permit

Permits for Red Crest Unit
API numberWell no.Acreson the permit
42-255-321951H627.17

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

What Devon Energy Corporation told investors it received

Devon Energy Production Co, L.P. is linked to Devon Energy Corporation (DVN).
Realized prices reported by Devon Energy Corporation
QuarterOil$ per bblFiling
Q2 2026$95.10SEC filing
Q1 2026$69.66SEC filing
Q4 2025$57.19SEC filing
Q3 2025$63.21SEC filing
Q2 2025$61.70SEC filing
Q1 2025$69.13SEC filing

SourceDevon Energy Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for RED CREST UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Devon Energy771,124054$80.46$2.89
Jun 2026Devon Energy612624033$84.81$3.15
May 2026Devon Energy1071098082$102.13$2.94
Apr 2026Devon Energy122119233632$100.32$2.77
Mar 2026Devon Energy96934731106$91.38$3.04
Feb 2026Devon Energy10710884315014$64.51$3.62
Jan 2026Devon Energy13814083515024$60.04$7.72
Dec 2025Devon Energy17017260516512$57.97$4.26
Nov 2025Devon Energy1581565921814$60.06$3.79
Oct 2025Devon Energy14614573025010$60.89$3.19
Sep 2025Devon Energy11711875524920$63.96$2.97
Aug 2025Devon Energy1571561,52747584$64.86$2.91
Jul 2025Devon Energy1591581,97560050$68.39$3.20
Jun 2025Devon Energy1331371,27621527$68.17$3.02
May 2025Devon Energy2011981,89337823$62.17$3.12
Apr 2025Devon Energy1751761,76946714$63.54$3.42
Mar 2025Devon Energy1781742,91968572$68.24$4.12
Feb 2025Devon Energy64652,652409328$71.53$4.19
Jan 2025Devon Energy1131132,49861942$75.74$4.13
Dec 2024Devon Energy69681,60060774$70.12$3.01
Nov 2024Devon Energy60611,60861947$69.95$2.12
Oct 2024Devon Energy85861,32551921$71.99$2.20
Sep 2024Devon Energy1311321,11142730$70.24$2.28
Aug 2024Devon Energy12912580327447$76.68$1.99
Jul 2024Devon Energy681,21138753$81.80$2.07
Jun 2024Devon Energy666589715246$79.77$2.54
May 2024Devon Energy51521,14221243$80.02$2.12
Apr 2024Devon Energy1081101,05740442$85.35$1.60
Mar 2024Devon Energy2002131,73362862$81.28$1.49
Feb 2024Devon Energy8959011,54648334$77.25$1.72
Jan 2024Devon Energy1,5031,5113,180910133$74.15$3.18
Dec 2023Devon Energy1,4441,4322,79999944$71.90$2.52
Nov 2023Devon Energy1,4721,4651,821641129$77.69$2.71
Oct 2023Devon Energy1,3111,3062,1161,15318$85.64$2.98
Sep 2023Devon Energy1,3511,3451,7779688$89.43$2.64
Aug 2023Devon Energy8483842241159$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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Nearby

Devon Energy Production Co, L.P. in Karnes County

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Eagleville (Eagle Ford-2) field

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