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Texas oil lease

Producing

UNIVERSITY 31-18

University 31-18 is an oil lease in Ward County, Texas, operated by Crescent Energy Operating, LLC in the Two Georges (Bone Spring) field.

2 wells

1,679bbl oil, last 12 months−59% vs prior year
Operator
Crescent Energy Operating, LLC
County
Ward County
Field
Two Georges (Bone Spring)
RRC lease
08-44971

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
6,389 mcf
Oil in Jun 2026
132 bbl

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 2 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 59% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 31-18, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 1,506 bbl in the 12 months through Jul 2026, against 3,658 bbl in the 12 months before.Last 12 months: 1,506 bblbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 31-18, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 1,506 bbl in the 12 months through Jul 2026, against 3,658 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a transmission line in the last 12 months

Flaring peaked at 100.0% of the gas in Oct 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
91% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 31-18 gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 31-18 gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    91% · 5,802 mcf

  • Flared (4)

    9.2% · 587 mcf

9.2% of the gas flared in the last 12 months. 10 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.

2 wells on this lease

Wells on UNIVERSITY 31-18
API numberWell no.Status
42-475-364841HActive
42-475-365902HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Aug 1, 2023–
Energy Transfer CompanyCasinghead gasBuys50Aug 1, 2023–
Targa Midstream Services LLCCasinghead gasBuys50Aug 1, 2023–
Energy Transfer CompanyCasinghead gasGathers50Aug 1, 2023–
Targa Midstream Services LLCCasinghead gasGathers50Aug 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015Aug 1, 2023
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Aug 1, 2023
Shell Trading (Us) CompanyOilGathers100Jan 5, 2014Aug 1, 2023

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

Who buys my oilOil price check

320 acres on the newest permit

Check your decimal on this lease
Permits for University 31-18
API numberWell no.Acreson the permit
42-475-365902H320
42-475-364841H320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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 31-18
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy132044242220$84.81$3.15
May 2026Crescent Energy11117851245359$102.13$2.94
Apr 2026Crescent Energy1401695525511$100.32$2.77
Mar 2026Crescent Energy1471805695681$91.38$3.04
Feb 2026Crescent Energy12105835821$64.51$3.62
Jan 2026Crescent Energy951774224211$60.04$7.72
Dec 2025Vital Energy,1571676076061$57.97$4.26
Nov 2025Vital Energy,1501783973952$60.06$3.79
Oct 2025Vital Energy,130045542629$60.89$3.19
Sep 2025Vital Energy,162182639451188$63.96$2.97
Aug 2025Vital Energy,161183490210280$64.86$2.91
Jul 2025Vital Energy,1732357217174$68.39$3.20
Jun 2025Vital Energy,1842329899863$68.17$3.02
May 2025Vital Energy,1931941,3271,3243$62.17$3.12
Apr 2025Vital Energy,3133681,6041,6013$63.54$3.42
Mar 2025Vital Energy,10405615610$68.24$4.12
Feb 2025Vital Energy,218186844434410$71.53$4.19
Jan 2025Vital Energy,3685581,7041,547157$75.74$4.13
Dec 2024Vital Energy,243176884635249$70.12$3.01
Nov 2024Vital Energy,7618020715750$69.95$2.12
Oct 2024Vital Energy,36435630030$71.99$2.20
Sep 2024Vital Energy,7865262,9812,9810$70.24$2.28
Aug 2024Point Energy6366363,5743,5740$76.68$1.99
Jul 2024Point Energy5715553,5743,5740$81.80$2.07
Jun 2024Point Energy6405483,7293,7290$79.77$2.54
May 2024Point Energy5065433,6023,6020$80.02$2.12
Apr 2024Point Energy7697283,4903,4900$85.35$1.60
Mar 2024Point Energy7267264,0784,0780$81.28$1.49
Feb 2024Point Energy8288643,3843,3840$77.25$1.72
Jan 2024Point Energy7367361,9421,9420$74.15$3.18
Dec 2023Point Energy300000$71.90$2.52
Nov 2023Point Energy755755000$77.69$2.71
Oct 2023Point Energy7247245405400$85.64$2.98
Sep 2023Point Energy9169162,0312,0310$89.43$2.64
Aug 2023Point Energy002,1752,1750$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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Nearby

This lease belongs to

OperatorCrescent Energy Operating, LLCFieldTwo Georges (Bone Spring)CountyWard County

Crescent Energy Operating, LLC in Ward County

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Two Georges (Bone Spring) field

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