Texas oil lease
Shut inREEVES -AD- FEE
Reeves -Ad- Fee is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Jess Burner (Delaware 3800) field.
4 wells
- Operator
- Crescent Energy Operating, LLC
- County
- Reeves County
- RRC lease
- 08-28233
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting since
- Jan 2020
Production by month
No production to chart
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed 3 times, most recently in Nov 2025
- Crescent Energy Operating, LLC Nov 2025 to now
- Contango Resources, LLC Jan 2022 to Oct 2025
- Contango Resources, Inc. Feb 2021 to Dec 2021
- Grizzly Op of Delaware, LLC Jan 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
4 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-31403 | 2 | Active |
| 42-389-31404 | 3 | Shut-in |
| 42-389-31411 | 4 | Active |
| 42-389-31431 | 7 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 100 | Mar 1, 2002 |
| Nuevo Midstream, LLC | Casinghead gas | Buys | 100 | Oct 27, 2011 |
| Nuevo Midstream, LLC | Casinghead gas | Gathers | 100 | Mar 26, 2014 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
80 acres on the newest permit
The wells on this lease state different acreage
The permits state between 80 and 323 acres.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-31431 | 7 | Oct 26, 1993 | Dec 14, 1983 | 80 |
| 42-389-31411 | 4 | Aug 26, 1993 | Sep 27, 1983 | 120 |
| 42-389-31403 | 2 | Jun 15, 1983 | Jul 18, 1983 | 323 |
| 42-389-31404 | 3 | Jun 15, 1983 | Aug 11, 1983 | 323 |
What Crescent Energy Company told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q1 2026 | $71.00 | $2.37 | $18.05 | SEC filing |
| Q4 2025 | $62.21 | $2.84 | $22.47 | SEC filing |
| Q3 2025 | $63.07 | $2.49 | $22.53 | SEC filing |
| Q2 2025 | $61.47 | $2.71 | $22.59 | SEC filing |
| Q1 2025 | $67.64 | $3.18 | $25.43 | SEC filing |
| Q4 2024 | $67.51 | $2.27 | $23.08 | SEC filing |
SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Crescent Energy | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Crescent Energy | 0 | 0 | $84.81 | $3.15 |
| May 2026Crescent Energy | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Crescent Energy | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Crescent Energy | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Crescent Energy | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Crescent Energy | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Crescent Energy | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Crescent Energy | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Contango Resources, | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Contango Resources, | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Contango Resources, | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Contango Resources, | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Contango Resources, | 0 | 0 | $68.17 | $3.02 |
| May 2025Contango Resources, | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Contango Resources, | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Contango Resources, | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Contango Resources, | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Contango Resources, | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Contango Resources, | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Contango Resources, | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Contango Resources, | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Contango Resources, | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Contango Resources, | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Contango Resources, | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Contango Resources, | 0 | 0 | $79.77 | $2.54 |
| May 2024Contango Resources, | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Contango Resources, | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Contango Resources, | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Contango Resources, | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Contango Resources, | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Contango Resources, | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Contango Resources, | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Contango Resources, | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Contango Resources, | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Contango Resources, | 0 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
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Nearby
This lease belongs to
Crescent Energy Operating, LLC in Reeves County
- COPPERHEAD 34
1,688 bbl
- LOCKER STATE
1,120 bbl
- RED HORSE "144"
1,060 bbl
- STATE CALIFORNIA CHROME 27
18,843 mcf
- YUCCA
8,482 mcf
- CALIFORNIA CHROME 27
9,209 mcf
- RHINO 37
179 bbl
- HILL
3,650 mcf
- NINE MILE DRAW '135507'
2,520 mcf
- BIG GEORGE 180
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- REEVES -AD- FEE
0 bbl · 0.7 km
Drilling permits within 10 km
LONESTAR STATE #801H
new drill · horizontal · Conocophillips Company · Reeves County · 3.1 km
Permit 0918055 · Aug 27, 2026
LONESTAR STATE #804H
new drill · horizontal · Conocophillips Company · Reeves County · 3.1 km
Permit 0918052 · Aug 26, 2026
LONESTAR STATE #802H
new drill · horizontal · Conocophillips Company · Reeves County · 3.1 km
Permit 0918054 · Aug 26, 2026
LONESTAR STATE #803H
new drill · horizontal · Conocophillips Company · Reeves County · 3.1 km
Permit 0918053 · Aug 26, 2026
LONESTAR STATE #805H
new drill · horizontal · Conocophillips Company · Reeves County · 3.1 km
Permit 0918051 · Aug 26, 2026