Skip to content
Royalty Clerk

Texas oil lease · RRC district 08 · Lease 62109

Producing

SANDY E

Sandy E is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Phantom (Wolfcamp) field. The Railroad Commission shows 74,999 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 1 well

74,999bbl oil, last 12 months−65% vs prior year
Operator
Crescent Energy Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-62109

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County · RRC district 08Open Reeves County →
Gas, last 12 months
129,422 mcf
Oil in Jun 2026
1,505 bbl
Reporting to the state
since Aug 2024
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 65% over the last 12 months

67,550 bbl in the 12 months through Jul 2026, against 195,149 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 65% over the last 12 monthsMonthly oil production and gas for SANDY E, Aug 2024 to Jul 2026. Oil output fell 65% over the last 12 months. 67,550 bbl in the 12 months through Jul 2026, against 195,149 bbl in the 12 months before.Last 12 months: 67,550 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 65% over the last 12 monthsMonthly oil production and gas for SANDY E, Aug 2024 to Jul 2026. Oil output fell 65% over the last 12 months. 67,550 bbl in the 12 months through Jul 2026, against 195,149 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 62109, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 41.0% of the gas in Aug 2024.

  • Transmission line (2)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of SANDY E gas by disposition code each month, Aug 2024 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 41.0% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 41.0%Oct 24Jan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of SANDY E gas by disposition code each month, Aug 2024 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 41.0% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Flared 41.0%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 62109, district 08. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 2.0% of the gas was flared. 11 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Jan 2026

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeVital Energy, Inc., Aug 2024 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 202620252026Changed Jan 2026Vital Energy, Inc.Aug 2024 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeVital Energy, Inc., Aug 2024 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 202620252026Changed Jan 2026Vital Energy, Inc.Aug 2024 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 62109 in district 08. The API number is the state’s ID for a well.
Wells on SANDY E
API numberWell no.Status
42-389-409873AActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 62109.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Pipeline L.p. gathers it.

    100% of it, on the list since Aug 15, 2024

  • Gas from oil wells

    Et Gathering & Processing LLC buys it; Energy Transfer Company gathers it.

    Et Gathering & Processing LLC buys it: 100% of it, on the list since Mar 1, 2026 · Energy Transfer Company gathers it: 100% of it, on the list since Aug 15, 2024

Companies that used to be listed: Etc Gas Processing, LLC (buys it, until Mar 1, 2026).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

960 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Aug 5, 2024
Latest permit
Jan 5, 2024

An allocation well is on this lease

A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Wells and acres on the permits for Sandy E
API numberWell no.Acreson the permit
42-389-409873A960

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Crescent Energy Company told investors it received

Crescent Energy Operating, LLC is linked to Crescent Energy Company (CRGY). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

Compare with the price on my stub

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says SANDY E sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

24 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for SANDY E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy1,5051,6392,1302,10228$84.81$3.15
May 2026Crescent Energy6,4066,32110,15210,12725$102.13$2.94
Apr 2026Crescent Energy5,9775,96510,26610,2660$100.32$2.77
Mar 2026Crescent Energy5,6125,6169,5379,5289$91.38$3.04
Feb 2026Crescent Energy5,5045,5789,5599,48970$64.51$3.62
Jan 2026Crescent Energy6,2606,16210,96110,88873$60.04$7.72
Dec 2025Vital Energy,6,5746,66111,24210,811431$57.97$4.26
Nov 2025Vital Energy,7,0056,98211,72111,529192$60.06$3.79
Oct 2025Vital Energy,7,0917,06813,15412,507647$60.89$3.19
Sep 2025Vital Energy,7,8067,83312,88712,247640$63.96$2.97
Aug 2025Vital Energy,7,8107,76813,32912,980349$64.86$2.91
Jul 2025Vital Energy,7,4497,43914,48414,351133$68.39$3.20
Jun 2025Vital Energy,7,7427,75615,00614,372634$68.17$3.02
May 2025Vital Energy,9,9529,97215,18713,6981,489$62.17$3.12
Apr 2025Vital Energy,11,16311,19618,86418,702162$63.54$3.42
Mar 2025Vital Energy,13,22813,37820,44519,622823$68.24$4.12
Feb 2025Vital Energy,14,69114,68518,05918,04415$71.53$4.19
Jan 2025Vital Energy,14,48314,44423,21322,922291$75.74$4.13
Dec 2024Vital Energy,16,38916,39330,35128,2472,104$70.12$3.01
Nov 2024Vital Energy,25,71525,86438,40435,4522,952$69.95$2.12
Oct 2024Vital Energy,29,82929,66441,30831,29310,015$71.99$2.20
Sep 2024Vital Energy,26,20426,25134,05526,8427,213$70.24$2.28
Aug 2024Vital Energy,18,30418,03821,69412,7918,903$76.68$1.99

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for SANDY E. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Crescent Energy Operating, LLC.

Check my statementTry a sample owner
  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorCrescent Energy Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Crescent Energy Operating, LLC in Reeves County

All Crescent Energy Operating, LLC leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jun 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 62109, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.