Skip to content
Royalty Clerk

Texas oil lease

Producing

UNIVERSITY 23-20

University 23-20 is an oil lease in Winkler County, Texas, operated by Crescent Energy Operating, LLC in the War-Wink, S. (Wolfcamp) field.

1 well

4,854bbl oil, last 12 months−21% vs prior year
RRC lease
08-41024

Is your check right?

Check my statement

Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Gas, last 12 months
3,730 mcf
Oil in Jun 2026
278 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Crescent Energy Operating, LLC took over from Vital Energy, Inc. in Jan 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 21% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 23-20, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 4,410 bbl in the 12 months through Jul 2026, against 5,552 bbl in the 12 months before.Last 12 months: 4,410 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 23-20, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 4,410 bbl in the 12 months through Jul 2026, against 5,552 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Sep 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 80.9% of the gas in Feb 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Sep 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 23-20 gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 80.9% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Sep 2024: plant to lineFlared 80.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Sep 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 23-20 gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 80.9% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Sep 24: plant to lineFlared 80.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    88% · 3,298 mcf

  • Flared (4)

    12% · 432 mcf

11.6% of the gas flared in the last 12 months. 12 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Jan 2026

Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Mar 2023; Point Energy Partners Petro, LLC, Apr 2023 to Aug 2024; Vital Energy, Inc., Sep 2024 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Apr 2023Changed Sep 2024Changed Jan 2026Diamondback E&P LLCJan 2020 to Mar 2023Point Energy Partners Petro,…Apr 2023 to Aug 2024Vital Energy, Inc.Sep 2024 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Mar 2023; Point Energy Partners Petro, LLC, Apr 2023 to Aug 2024; Vital Energy, Inc., Sep 2024 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 20262020202120222023202420252026Changed Apr 2023Changed Sep 2024Changed Jan 2026Diamondback E&P LLCJan 2020 to Mar 2023Point Energy Partners Petro, LLCApr 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 23-20
API numberWell no.Status
42-495-333541HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Sep 15, 2022–
Plains Marketing, L.p.OilGathers50Sep 15, 2022–
Energy Transfer CompanyCasinghead gasBuys100Sep 15, 2022–
Energy Transfer CompanyCasinghead gasGathers100Sep 15, 2022–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Sep 15, 2022
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Sep 15, 2022
Plains Marketing, L.p.OilGathers100Jan 18, 2011Sep 15, 2022

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

641 acres on the newest permit

Permits for University 23-20
API numberWell no.Acreson the permit
42-495-333541H641

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 23-20
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy27837015213418$84.81$3.15
May 2026Crescent Energy38436433929841$102.13$2.94
Apr 2026Crescent Energy3913384334321$100.32$2.77
Mar 2026Crescent Energy43554949447816$91.38$3.04
Feb 2026Crescent Energy4211913533521$64.51$3.62
Jan 2026Crescent Energy3503753233221$60.04$7.72
Dec 2025Vital Energy,4745852732703$57.97$4.26
Nov 2025Vital Energy,4053613973952$60.06$3.79
Oct 2025Vital Energy,41337131130011$60.89$3.19
Sep 2025Vital Energy,394369218111107$63.96$2.97
Aug 2025Vital Energy,465540368140228$64.86$2.91
Jul 2025Vital Energy,44452769663$68.39$3.20
Jun 2025Vital Energy,43635814612521$68.17$3.02
May 2025Vital Energy,4555252282262$62.17$3.12
Apr 2025Vital Energy,5065472832803$63.54$3.42
Mar 2025Vital Energy,472352000$68.24$4.12
Feb 2025Vital Energy,44555213626110$71.53$4.19
Jan 2025Vital Energy,492567481236$75.74$4.13
Dec 2024Vital Energy,48137020819513$70.12$3.01
Nov 2024Vital Energy,471357585350235$69.95$2.12
Oct 2024Vital Energy,4305391231230$71.99$2.20
Sep 2024Vital Energy,46735888880$70.24$2.28
Aug 2024Point Energy4535481,7351,7350$76.68$1.99
Jul 2024Point Energy4463551,7351,7350$81.80$2.07
Jun 2024Point Energy4825562,2972,2970$79.77$2.54
May 2024Point Energy4643471,5311,5310$80.02$2.12
Apr 2024Point Energy4605411,9381,9380$85.35$1.60
Mar 2024Point Energy619706000$81.28$1.49
Feb 2024Point Energy5947351,1401,1400$77.25$1.72
Jan 2024Point Energy6835651,4071,4070$74.15$3.18
Dec 2023Point Energy6385611,3051,3050$71.90$2.52
Nov 2023Point Energy2593861,3051,3050$77.69$2.71
Oct 2023Point Energy12903293290$85.64$2.98
Sep 2023Point Energy48071537370$89.43$2.64
Aug 2023Point Energy5231,1009369360$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Crescent Energy Operating, LLC in Winkler County

All Crescent Energy Operating, LLC leases →

Leases within 10 km

Drilling permits within 10 km