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Texas oil lease · RRC district 01 · Lease 15536

Producing

TEAL RANCH EFS

Teal Ranch Efs is an oil lease in McMullen County, Texas, operated by Crescent Energy Operating, LLC in the Eagleville (Eagle Ford-1) field. The Railroad Commission shows 4,308 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 3 wells

4,308bbl oil, last 12 months+114% vs prior year
RRC lease
01-15536

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Where it sits

This county

McMullen CountyMcMullenLA SalleAtascosaKarnesFrioLive OakMcMullen County
McMullen County · RRC district 01Open McMullen County →
Gas, last 12 months
1,870 mcf
Oil in Jul 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
3

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 rose 114% over the last 12 months

4,308 bbl in the 12 months through Jul 2026, against 2,010 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 114% over the last 12 monthsMonthly oil production and gas for TEAL RANCH EFS, Aug 2023 to Jul 2026. Oil output rose 114% over the last 12 months. 4,308 bbl in the 12 months through Jul 2026, against 2,010 bbl in the 12 months before.Last 12 months: 4,308 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 114% over the last 12 monthsMonthly oil production and gas for TEAL RANCH EFS, Aug 2023 to Jul 2026. Oil output rose 114% over the last 12 months. 4,308 bbl in the 12 months through Jul 2026, against 2,010 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 15536, district 01. 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.

Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 88.5% of the gas in Mar 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plantShare of TEAL RANCH EFS gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 88.5% of the gas in Mar 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: plant to fuelFlared 88.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plantShare of TEAL RANCH EFS gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 88.5% of the gas in Mar 2024.Share of gas by disposition code0%50%100%Jul 26: plant to fuelFlared 88.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 15536, district 01. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

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, 1.4% of the gas was flared. 9 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 2 times, most recently in Jun 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 timeSea Eagle Ford, LLC, Jan 2020 to Jun 2022; Silverbow Resources Oper, LLC, Jul 2022 to May 2026; Crescent Energy Operating, LLC, Jun 2026 to Jul 20262020202120222023202420252026Changed Jul 2022Changed Jun 2026Sea Eagle Ford, LLCJan 2020 to Jun 2022Silverbow Resources Oper, LLCJul 2022 to May 2026Crescent Energy Operating, LLCJun 2026 to now
Operators of this lease over timeSea Eagle Ford, LLC, Jan 2020 to Jun 2022; Silverbow Resources Oper, LLC, Jul 2022 to May 2026; Crescent Energy Operating, LLC, Jun 2026 to Jul 20262020202120222023202420252026Changed Jul 2022Changed Jun 2026Sea Eagle Ford, LLCJan 2020 to Jun 2022Silverbow Resources Oper, LLCJul 2022 to May 2026Crescent Energy Operating, LLCJun 2026 to now

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

Wells

3 wells on this lease

Every well the Railroad Commission links to oil lease 15536 in district 01. The API number is the state’s ID for a well.
Wells on TEAL RANCH EFS
API numberWell no.Status
42-311-343011HShut-in
42-311-352822HShut-in
42-311-359903HActive

SourceTexas Railroad Commission Wellbore Query, district 01, lease 15536.

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

    Eastex Crude Company, LLC and Phillips 66 Company gather it.

    Eastex Crude Company, LLC gathers it: 50% of it, on the list since Jun 1, 2026 · Phillips 66 Company gathers it: 50% of it, on the list since Jun 1, 2026

Companies that used to be listed: Phillips 66 Company (gathers it, until Jun 1, 2026); Southcross Ccng Gathering Ltd. (gathers it, until Jan 1, 2021); Southcross Marketing Company LTD (buys it, until Jan 1, 2021); Shell Trading (Us) Company (gathers it, until Jan 1, 2021); Trafigura Trading LLC (gathers it, until Oct 1, 2019).

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.

Unit and wells

1,033 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
33 not plugged
Horizontal
3
First completion
Mar 8, 2011
Latest permit
Apr 26, 2014
Wells and acres on the permits for Teal Ranch Efs
API numberWell no.Acreson the permit
42-311-359903H1,033
42-311-352822H1,033
42-311-343011H1,023.85

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.

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.

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 TEAL RANCH EFS 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

36 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 TEAL RANCH EFS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Crescent Energy00510$80.46$2.89
Jun 2026Crescent Energy00000$84.81$3.15
May 2026Silverbow Resources4523602441785$102.13$2.94
Apr 2026Silverbow Resources15629379413$100.32$2.77
Mar 2026Silverbow Resources472360123401$91.38$3.04
Feb 2026Silverbow Resources00940$64.51$3.62
Jan 2026Silverbow Resources23097652$60.04$7.72
Dec 2025Silverbow Resources3453482091451$57.97$4.26
Nov 2025Silverbow Resources24651990415$60.06$3.79
Oct 2025Silverbow Resources1,3141,0846184488$60.89$3.19
Sep 2025Silverbow Resources7567062151630$63.96$2.97
Aug 2025Silverbow Resources5445381811300$64.86$2.91
Jul 2025Silverbow Resources17432038221$68.39$3.20
Jun 2025Silverbow Resources5285653251254$68.17$3.02
May 2025Silverbow Resources1,3031,4851,071438251$62.17$3.12
Apr 2025Silverbow Resources50000$63.54$3.42
Mar 2025Silverbow Resources00000$68.24$4.12
Feb 2025Silverbow Resources00000$71.53$4.19
Jan 2025Silverbow Resources00000$75.74$4.13
Dec 2024Silverbow Resources00000$70.12$3.01
Nov 2024Silverbow Resources00000$69.95$2.12
Oct 2024Silverbow Resources00000$71.99$2.20
Sep 2024Silverbow Resources0079630$70.24$2.28
Aug 2024Silverbow Resources00000$76.68$1.99
Jul 2024Silverbow Resources00000$81.80$2.07
Jun 2024Silverbow Resources00000$79.77$2.54
May 2024Silverbow Resources00000$80.02$2.12
Apr 2024Silverbow Resources00261410$85.35$1.60
Mar 2024Silverbow Resources16217813113116$81.28$1.49
Feb 2024Silverbow Resources16518546300$77.25$1.72
Jan 2024Silverbow Resources136023170$74.15$3.18
Dec 2023Silverbow Resources136316542619$71.90$2.52
Nov 2023Silverbow Resources2084813,7062,797347$77.69$2.71
Oct 2023Silverbow Resources57014419122$85.64$2.98
Sep 2023Silverbow Resources36006,7415,185227$89.43$2.64
Aug 2023Silverbow Resources16917648250$81.39$2.58

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 TEAL RANCH EFS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Crescent Energy Operating, LLC.

  • 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.

Crescent Energy Operating, LLC in McMullen County

All Crescent Energy Operating, LLC leases →

Eagleville (Eagle Ford-1) field

All leases in this field →

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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 Jul 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 15536, district 01, 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.