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Texas oil lease

Producing

THOMPSON 48

Thompson 48 is an oil lease in Howard County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.

4 wells

2,370bbl oil, last 12 months−8% vs prior year
Operator
Civitas Permian Operating, LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-47198

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
19,458 mcf
Oil in Jul 2026
203 bbl

Production by month

Oil output fell 8% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for THOMPSON 48, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 2,370 bbl in the 12 months through Jul 2026, against 2,589 bbl in the 12 months before.Last 12 months: 2,370 bblbbl per monthmcf per month001002,0002004,0003006,0004008,00050010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for THOMPSON 48, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 2,370 bbl in the 12 months through Jul 2026, against 2,589 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002,0002004,0003006,0004008,00050010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

Flaring peaked at 53.7% of the gas in Dec 2023.

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of THOMPSON 48 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 53.7% of the gas in Dec 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 53.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of THOMPSON 48 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 53.7% of the gas in Dec 2023.Share of gas by disposition code0%50%100%Flared 53.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in May 2025

Operators of this lease over timeCrownquest Operating, LLC, Jan 2020 to Jul 2024; Oxyrock Operating, LLC, Aug 2024 to Apr 2025; Civitas Permian Operating, LLC, May 2025 to Jul 20262020202120222023202420252026Changed Aug 2024Changed May 2025Crownquest Operating, LLCJan 2020 to Jul 2024Oxyrock Operating, LLCAug 2024 to Apr 2025Civitas Permian Operating, LLCMay 2025 to now
Operators of this lease over timeCrownquest Operating, LLC, Jan 2020 to Jul 2024; Oxyrock Operating, LLC, Aug 2024 to Apr 2025; Civitas Permian Operating, LLC, May 2025 to Jul 20262020202120222023202420252026Changed Aug 2024Changed May 2025Crownquest Operating, LLCJan 2020 to Jul 2024Oxyrock Operating, LLCAug 2024 to Apr 2025Civitas Permian Operating, LLCMay 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on THOMPSON 48
API numberWell no.Status
42-227-385011Active
42-227-386252Shut-in
42-227-389653Active
42-227-391914Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers100Oct 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100May 1, 2025Mar 1, 2026
Energy Transfer CompanyCasinghead gasGathers50Aug 1, 2024May 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Oct 1, 2023May 1, 2025
Etc Gas Processing, LLCCasinghead gasBuys50Aug 1, 2024May 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Oct 1, 2023May 1, 2025
Wtg Gas Processing, LLCCasinghead gasGathers50Oct 1, 2023Aug 1, 2024

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

Who buys my oilOil price check

323.40 acres on the newest permit

Permits for Thompson 48
API numberWell no.Acreson the permit
42-227-391914323.40
42-227-389653323.40
42-227-386252323.40
42-227-385011323.40

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

Unit decimal checker

What SM Energy Company told investors it received

Civitas Permian Operating, LLC is linked to SM Energy Company (CIVI).
Realized prices reported by SM Energy Company
QuarterOil$ per bblFiling
Q2 2026$96.85SEC filing
Q1 2026$73.69SEC filing
Q3 2025$65.24SEC filing
Q2 2025$63.87SEC filing
Q1 2025$70.90SEC filing
Q4 2024$69.96SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for THOMPSON 48
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Civitas Permian2032822,1352,1350$80.46$2.89
Jun 2026Civitas Permian1633411,3771,3770$84.81$3.15
May 2026Civitas Permian26901,5181,5180$102.13$2.94
Apr 2026Civitas Permian1904161,6061,6060$100.32$2.77
Mar 2026Civitas Permian4628418410$91.38$3.04
Feb 2026Civitas Permian5731,0231,0230$64.51$3.62
Jan 2026Civitas Permian783481,5681,5680$60.04$7.72
Dec 2025Civitas Permian28601,7281,7280$57.97$4.26
Nov 2025Civitas Permian2204121,7591,7590$60.06$3.79
Oct 2025Civitas Permian2467551,7461,7460$60.89$3.19
Sep 2025Civitas Permian27001,9411,9410$63.96$2.97
Aug 2025Civitas Permian34292,2162,2160$64.86$2.91
Jul 2025Civitas Permian3703272,1692,1690$68.39$3.20
Jun 2025Civitas Permian4193462,1572,1570$68.17$3.02
May 2025Civitas Permian2935321,8951,8950$62.17$3.12
Apr 2025Oxyrock Operating,17501,9181,9180$63.54$3.42
Mar 2025Oxyrock Operating,1752892,0222,0220$68.24$4.12
Feb 2025Oxyrock Operating,19121,9231,9230$71.53$4.19
Jan 2025Oxyrock Operating,2223222,1422,1420$75.74$4.13
Dec 2024Oxyrock Operating,992192,2652,2650$70.12$3.01
Nov 2024Oxyrock Operating,19202,1062,1060$69.95$2.12
Oct 2024Oxyrock Operating,1953592,0032,0030$71.99$2.20
Sep 2024Oxyrock Operating,11242,0592,0590$70.24$2.28
Aug 2024Oxyrock Operating,1463832,5242,5240$76.68$1.99
Jul 2024Crownquest Operating,17102,6522,6520$81.80$2.07
Jun 2024Crownquest Operating,3223982,8302,8300$79.77$2.54
May 2024Crownquest Operating,5301,4181,4180$80.02$2.12
Apr 2024Crownquest Operating,3008548540$85.35$1.60
Mar 2024Crownquest Operating,17902,9672,9670$81.28$1.49
Feb 2024Crownquest Operating,1723482,5822,5820$77.25$1.72
Jan 2024Crownquest Operating,2003602,8132,8130$74.15$3.18
Dec 2023Crownquest Operating,20406,4362,9833,453$71.90$2.52
Nov 2023Crownquest Operating,2822973,3723,030342$77.69$2.71
Oct 2023Crownquest Operating,1743076,2386,2380$85.64$2.98
Sep 2023Crownquest Operating,25003,7353,7350$89.43$2.64
Aug 2023Crownquest Operating,1862483,7133,7130$81.39$2.58

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

This lease belongs to

OperatorCivitas Permian Operating, LLCFieldSpraberry (Trend Area)CountyHoward County

Civitas Permian Operating, LLC in Howard County

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Spraberry (Trend Area) field

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