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Texas oil lease

Producing

THOMPSON 182W

Thompson 182W is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Wolfbone (Trend Area) field.

1 well

14,350bbl oil, last 12 months−45% vs prior year
RRC lease
08-48848

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
28,595 mcf
Oil in Jun 2026
1,071 bbl

Production by month

Oil output fell 45% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for THOMPSON 182W, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 12,194 bbl in the 12 months through Jul 2026, against 22,248 bbl in the 12 months before.Last 12 months: 12,194 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for THOMPSON 182W, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 12,194 bbl in the 12 months through Jul 2026, against 22,248 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

73% of the gas went to a transmission line in the last 12 months

Flaring peaked at 66.4% of the gas in Mar 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
73% of the gas went to a transmission line in the last 12 monthsShare of THOMPSON 182W gas by disposition code each month, Aug 2023 to Jul 2026. 73% of the gas went to a transmission line in the last 12 months. Flaring peaked at 66.4% of the gas in Mar 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 66.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
73% of the gas went to a transmission line in the last 12 monthsShare of THOMPSON 182W gas by disposition code each month, Aug 2023 to Jul 2026. 73% of the gas went to a transmission line in the last 12 months. Flaring peaked at 66.4% of the gas in Mar 2025.Share of gas by disposition code0%50%100%Flared 66.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    73% · 36,277 mcf

  • Flared (4)

    18% · 9,033 mcf

  • Lease fuel (1)

    8.8% · 4,378 mcf

18.2% of the gas flared in the last 12 months. 9 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Jan 2026

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Jan 2021; Forge Energy Operating, LLC, Feb 2021 to Jun 2023; Vital Energy, Inc., Jul 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2021Changed Jul 2023Changed Jan 2026OXY USA WTP LPJan 2020 to Jan 2021Forge Energy Operating, LLCFeb 2021 to Jun 2023Vital Energy, Inc.Jul 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Jan 2021; Forge Energy Operating, LLC, Feb 2021 to Jun 2023; Vital Energy, Inc., Jul 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Feb 2021Changed Jul 2023Changed Jan 2026OXY USA WTP LPJan 2020 to Jan 2021Forge Energy Operating, LLCFeb 2021 to Jun 2023Vital Energy, Inc.Jul 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on THOMPSON 182W
API numberWell no.Status
42-389-350061HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100Jul 1, 2023–
Energy Transfer CompanyCasinghead gasBuys100Mar 1, 2017–
Energy Transfer CompanyCasinghead gasGathers100Mar 1, 2017–
Lion Oil Trading & Trans, LLCOilGathers100Feb 1, 2021Jul 1, 2023
Oryx So. Delaware Ogt LLCOilGathers60Mar 1, 2017Feb 1, 2021
Shell Trading (Us) CompanyOilGathers40Mar 1, 2017Feb 1, 2021

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

482.27 acres on the newest permit

Permits for Thompson 182W
API numberWell no.Acreson the permit
42-389-350061H482.27

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

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 THOMPSON 182W
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy1,0711,0721,3171,14657$84.81$3.15
May 2026Crescent Energy1,2011,1971,4661,4660$102.13$2.94
Apr 2026Crescent Energy1,0031,004000$100.32$2.77
Mar 2026Crescent Energy1,5731,6466,0004,966454$91.38$3.04
Feb 2026Crescent Energy1,9891,9236,2734,946625$64.51$3.62
Jan 2026Crescent Energy1,4151,4104,8294,22933$60.04$7.72
Dec 2025Vital Energy,1,0301,022000$57.97$4.26
Nov 2025Vital Energy,2792752452133$60.06$3.79
Oct 2025Vital Energy,013000$60.89$3.19
Sep 2025Vital Energy,879886000$63.96$2.97
Aug 2025Vital Energy,1,7541,7653,7653,258141$64.86$2.91
Jul 2025Vital Energy,2,1562,1474,7004,15472$68.39$3.20
Jun 2025Vital Energy,1,7831,8054,2073,646140$68.17$3.02
May 2025Vital Energy,1,9881,9754,4823,814197$62.17$3.12
Apr 2025Vital Energy,2,0802,0727,4882,9894,046$63.54$3.42
Mar 2025Vital Energy,2,0102,0134,9161,4503,265$68.24$4.12
Feb 2025Vital Energy,1,9401,9491,3551,1480$71.53$4.19
Jan 2025Vital Energy,2,2982,3073,1412,4767$75.74$4.13
Dec 2024Vital Energy,2,5942,5773,6492,836164$70.12$3.01
Nov 2024Vital Energy,2,5882,6034,5433,8490$69.95$2.12
Oct 2024Vital Energy,2,7902,7495,6434,7510$71.99$2.20
Sep 2024Vital Energy,21205134100$70.24$2.28
Aug 2024Vital Energy,00000$76.68$1.99
Jul 2024Vital Energy,00000$81.80$2.07
Jun 2024Vital Energy,022000$79.77$2.54
May 2024Vital Energy,7997957,6796,2240$80.02$2.12
Apr 2024Vital Energy,6997077,3075,9750$85.35$1.60
Mar 2024Vital Energy,7867829,0747,5370$81.28$1.49
Feb 2024Vital Energy,77077211,0049,1470$77.25$1.72
Jan 2024Vital Energy,74876310,1348,3080$74.15$3.18
Dec 2023Vital Energy,76878210,2838,6810$71.90$2.52
Nov 2023Vital Energy,80778910,3248,5917$77.69$2.71
Oct 2023Vital Energy,8398327,9406,7220$85.64$2.98
Sep 2023Vital Energy,8729038,2406,9640$89.43$2.64
Aug 2023Vital Energy,1,0351,0477,8856,44285$81.39$2.58

No report filed 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

Crescent Energy Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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