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STATE SPEARHEAD 1114

State Spearhead 1114 is an oil lease in Pecos County, Texas, operated by Crescent Energy Operating, LLC in the Hoefs T-K (Wolfcamp) field.

4 wells

102,586bbl oil, last 12 months−19% vs prior year
Operator
Crescent Energy Operating, LLC
County
Pecos County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-53629

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
285,225 mcf
Oil in Jul 2026
7,514 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Crescent Energy Operating, LLC took over from Contango Resources, LLC in Nov 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since May 1, 2026 (last P-5 filed Feb 20, 2025).

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 fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for STATE SPEARHEAD 1114, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 102,586 bbl in the 12 months through Jul 2026, against 126,701 bbl in the 12 months before.Last 12 months: 102,586 bblbbl per monthmcf per month005,00025k10k50k15k75k20k100k25k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for STATE SPEARHEAD 1114, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 102,586 bbl in the 12 months through Jul 2026, against 126,701 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00025k10k50k15k75k20k100k25k125kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 17.8% of the gas in Jan 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuelShare of STATE SPEARHEAD 1114 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 17.8% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: fuel to lineFlared 17.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuelShare of STATE SPEARHEAD 1114 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 17.8% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Apr 26: fuel to lineFlared 17.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    51% · 145,986 mcf

  • Transmission line (2)

    45% · 128,204 mcf

  • Flared (4)

    3.9% · 11,035 mcf

3.9% of the gas flared in the last 12 months. 10 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Nov 2025

Operators of this lease over timeContango Resources, Inc., Jan 2020 to Dec 2021; Contango Resources, LLC, Jan 2022 to Oct 2025; Crescent Energy Operating, LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Nov 2025Contango Resources, Inc.Jan 2020 to Dec 2021Contango Resources, LLCJan 2022 to Oct 2025Crescent Energy Operating, LLCNov 2025 to now
Operators of this lease over timeContango Resources, Inc., Jan 2020 to Dec 2021; Contango Resources, LLC, Jan 2022 to Oct 2025; Crescent Energy Operating, LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Nov 2025Contango Resources, Inc.Jan 2020 to Dec 2021Contango Resources, LLCJan 2022 to Oct 2025Crescent Energy Operating, LLCNov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on STATE SPEARHEAD 1114
API numberWell no.Status
42-371-401421HActive
42-371-403012HActive
42-371-403223HActive
42-371-403234HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jan 1, 2022–
Brazos Midstream Operating, LLCCasinghead gasBuys100Jan 6, 2020–
Brazos Midstream Operating, LLCCasinghead gasGathers100Jan 6, 2020–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 1, 2021Jan 1, 2022
Enterprise Crude Oil LLCOilGathers100Aug 1, 2020May 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Jan 6, 2020Aug 1, 2020

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

Who buys my oilOil price check

1,296.24 acres on the newest permit

Check your decimal on this lease
Permits for State Spearhead 1114
API numberWell no.Acreson the permit
42-371-403234H1,296.24
42-371-403223H1,296.24
42-371-403012H1,296.24
42-371-401421H1,296.24

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

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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 STATE SPEARHEAD 1114
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Crescent Energy7,5146,38010,3998,5440$80.46$2.89
Jun 2026Crescent Energy7,5707,72614,21712,1490$84.81$3.15
May 2026Crescent Energy9,24010,57915,52112,9430$102.13$2.94
Apr 2026Crescent Energy8,9479,12932,63317,4777$100.32$2.77
Mar 2026Crescent Energy10,3859,42331,65314,2261,550$91.38$3.04
Feb 2026Crescent Energy9,5348,51822,9748,0061,550$64.51$3.62
Jan 2026Crescent Energy4,9736,2848,7061,6261,550$60.04$7.72
Dec 2025Crescent Energy7,4507,40324,5021,8651,550$57.97$4.26
Nov 2025Crescent Energy8,5009,20426,4347,9401,550$60.06$3.79
Oct 2025Contango Resources,9,6578,67231,96212,8351,550$60.89$3.19
Sep 2025Contango Resources,8,3329,07229,67714,912371$63.96$2.97
Aug 2025Contango Resources,10,48410,28336,54715,6811,357$64.86$2.91
Jul 2025Contango Resources,10,68610,70532,99013,688471$68.39$3.20
Jun 2025Contango Resources,8,3057,91430,70014,049963$68.17$3.02
May 2025Contango Resources,10,61310,75452,95718,0521,550$62.17$3.12
Apr 2025Contango Resources,10,79610,513105,18724,3761,976$63.54$3.42
Mar 2025Contango Resources,9,8289,715112,7928,1051,550$68.24$4.12
Feb 2025Contango Resources,9,8389,979102,1005,6131,550$71.53$4.19
Jan 2025Contango Resources,9,1288,435104,6527324,477$75.74$4.13
Dec 2024Contango Resources,12,18612,26494,45212,9631,550$70.12$3.01
Nov 2024Contango Resources,10,40210,27771,8628,3901,550$69.95$2.12
Oct 2024Contango Resources,9,91510,88458,47716,039717$71.99$2.20
Sep 2024Contango Resources,13,08812,54287,30429,359299$70.24$2.28
Aug 2024Contango Resources,11,91611,670105,50628,344249$76.68$1.99
Jul 2024Contango Resources,11,71013,08282,11619,945278$81.80$2.07
Jun 2024Contango Resources,10,37510,46947,38911,58715$79.77$2.54
May 2024Contango Resources,10,17110,67157,23713,998459$80.02$2.12
Apr 2024Contango Resources,8,6098,79669,66610,774402$85.35$1.60
Mar 2024Contango Resources,13,28513,504116,49211,409296$81.28$1.49
Feb 2024Contango Resources,12,95112,20192,91018,1121,550$77.25$1.72
Jan 2024Contango Resources,14,05814,82492,14212,6741,550$74.15$3.18
Dec 2023Contango Resources,17,38315,97690,50719,4211,550$71.90$2.52
Nov 2023Contango Resources,9,7279,36868,98517,4361,550$77.69$2.71
Oct 2023Contango Resources,14,30615,13477,16714,3251,550$85.64$2.98
Sep 2023Contango Resources,14,24714,22053,56112,531513$89.43$2.64
Aug 2023Contango Resources,10,00710,64447,6714,9831,550$81.39$2.58

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, LLCFieldHoefs T-K (Wolfcamp)CountyPecos County

Crescent Energy Operating, LLC in Pecos County

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Hoefs T-K (Wolfcamp) field

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