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Texas oil lease

Producing

UNIVERSITY 18-41 'B'

University 18-41 'B' is an oil lease in Ward County, Texas, operated by Crescent Energy Operating, LLC in the Phantom (Wolfcamp) field.

1 well

101bbl oil, last 12 months−78% vs prior year
RRC lease
08-45954

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Oil in Jun 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Crescent Energy Operating, LLC took over from Vital Energy, Inc. in Jan 2026.

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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 78% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 78% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 18-41 'B', Aug 2023 to Jul 2026. Oil output fell 78% over the last 12 months. 85 bbl in the 12 months through Jul 2026, against 392 bbl in the 12 months before.Last 12 months: 85 bblbbl per monthmcf per month00502001004001506002008002501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 78% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 18-41 'B', Aug 2023 to Jul 2026. Oil output fell 78% over the last 12 months. 85 bbl in the 12 months through Jul 2026, against 392 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502001004001506002008002501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

66% of the gas went to lease fuel in the 3 months reported

Flaring peaked at 100.0% of the gas in Jun 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
66% of the gas went to lease fuel in the 3 months reportedShare of UNIVERSITY 18-41 'B' gas by disposition code each month, Aug 2023 to Jul 2026. 66% of the gas went to lease fuel in the 3 months reported. Flaring peaked at 100.0% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
66% of the gas went to lease fuel in the 3 months reportedShare of UNIVERSITY 18-41 'B' gas by disposition code each month, Aug 2023 to Jul 2026. 66% of the gas went to lease fuel in the 3 months reported. Flaring peaked at 100.0% of the gas in Jun 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    66% · 610 mcf

  • Processing plant (3)

    34% · 315 mcf

  • Flared (4)

    0.1% · 1 mcf

0.1% of the gas flared in the 3 months reported. One month above 3%.

Who has run this lease

The operator changed 3 times, most recently in Jan 2026

Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Sep 2023; Point Energy Partners Petro, LLC, Oct 2023 to Aug 2024; Vital Energy, Inc., Sep 2024 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Oct 2023Changed Sep 2024Changed Jan 2026Callon Petroleum Operating CoJan 2020 to Sep 2023Point Energy Partners Petro,…Oct 2023 to Aug 2024Vital Energy, Inc.Sep 2024 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Sep 2023; Point Energy Partners Petro, LLC, Oct 2023 to Aug 2024; Vital Energy, Inc., Sep 2024 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Oct 2023Changed Sep 2024Changed Jan 2026Callon Petroleum Operating CoJan 2020 to Sep 2023Point Energy Partners Petro, LLCOct 2023 to Aug 2024Vital Energy, Inc.Sep 2024 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 UNIVERSITY 18-41 'B'
API numberWell no.Status
42-475-366063HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers100Sep 1, 2018
Targa Midstream Services LLCCasinghead gasBuys100Jun 1, 2018
Targa Midstream Services LLCCasinghead gasGathers100Apr 29, 2014

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

320.50 acres on the newest permit

Permits for University 18-41 'B'
API numberWell no.Acreson the permit
42-475-366063H320.50

SourceRailroad Commission drilling permits, Oct 3, 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 UNIVERSITY 18-41 'B'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy00000$84.81$3.15
May 2026Crescent Energy130000$102.13$2.94
Apr 2026Crescent Energy80000$100.32$2.77
Mar 2026Crescent Energy50000$91.38$3.04
Feb 2026Crescent Energy160000$64.51$3.62
Jan 2026Crescent Energy110000$60.04$7.72
Dec 2025Vital Energy,00000$57.97$4.26
Nov 2025Vital Energy,80000$60.06$3.79
Oct 2025Vital Energy,00000$60.89$3.19
Sep 2025Vital Energy,80000$63.96$2.97
Aug 2025Vital Energy,160000$64.86$2.91
Jul 2025Vital Energy,16147000$68.39$3.20
Jun 2025Vital Energy,28183101$68.17$3.02
May 2025Vital Energy,230000$62.17$3.12
Apr 2025Vital Energy,1020000$63.54$3.42
Mar 2025Vital Energy,112176000$68.24$4.12
Feb 2025Vital Energy,1080000$71.53$4.19
Jan 2025Vital Energy,10000$75.74$4.13
Dec 2024Vital Energy,00000$70.12$3.01
Nov 2024Vital Energy,20000$69.95$2.12
Oct 2024Vital Energy,00000$71.99$2.20
Sep 2024Vital Energy,0206000$70.24$2.28
Aug 2024Point Energy00000$76.68$1.99
Jul 2024Point Energy00000$81.80$2.07
Jun 2024Point Energy00000$79.77$2.54
May 2024Point Energy00000$80.02$2.12
Apr 2024Point Energy220000$85.35$1.60
Mar 2024Point Energy140000$81.28$1.49
Feb 2024Point Energy160000$77.25$1.72
Jan 2024Point Energy220000$74.15$3.18
Dec 2023Point Energy350000$71.90$2.52
Nov 2023Point Energy570000$77.69$2.71
Oct 2023Point Energy400000$85.64$2.98
Sep 2023Callon Petroleum05730000$89.43$2.64
Aug 2023Callon Petroleum2332516253150$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 Oct 2, 2026.

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