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Texas oil lease

Producing

WOODS

Woods is an oil lease in Reeves County, Texas, operated by Crescent Energy Operating, LLC in the Phantom (Wolfcamp) field.

3 wells

167,400bbl oil, last 12 months+999% vs prior year
Operator
Crescent Energy Operating, LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-53650

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
264,265 mcf
Oil in Jun 2026
936 bbl

Production by month

Oil output rose 1,593% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 1,593% over the last 12 monthsMonthly oil production and gas for WOODS, Aug 2023 to Jul 2026. Oil output rose 1,593% over the last 12 months. 166,673 bbl in the 12 months through Jul 2026, against 9,847 bbl in the 12 months before.Last 12 months: 166,673 bblbbl per monthmcf per month0025k50k50k100k75k150k100k200k125k250kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 1,593% over the last 12 monthsMonthly oil production and gas for WOODS, Aug 2023 to Jul 2026. Oil output rose 1,593% over the last 12 months. 166,673 bbl in the 12 months through Jul 2026, against 9,847 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025k50k50k100k75k150k100k200k125k250kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a transmission line in the last 12 months

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

  • Transmission line (2)
  • Flared (4)
92% of the gas went to a transmission line in the last 12 monthsShare of WOODS gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a transmission line in the last 12 monthsShare of WOODS gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 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.

  • Transmission line (2)

    92% · 244,100 mcf

  • Flared (4)

    7.6% · 20,165 mcf

7.6% of the gas flared in the last 12 months. 13 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Jan 2026

Operators of this lease over timeFlat Creek Resources, LLC, May 2020 to Dec 2020; Forge Energy Operating, LLC, Jan 2021 to Jun 2023; Vital Energy, Inc., Jul 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 2026202120222023202420252026Changed Jan 2021Changed Jul 2023Changed Jan 2026Flat Creek Resources, LLCMay 2020 to Dec 2020Forge Energy Operating, LLCJan 2021 to Jun 2023Vital Energy, Inc.Jul 2023 to Dec 2025Crescent Energy Operating, LLCJan 2026 to now
Operators of this lease over timeFlat Creek Resources, LLC, May 2020 to Dec 2020; Forge Energy Operating, LLC, Jan 2021 to Jun 2023; Vital Energy, Inc., Jul 2023 to Dec 2025; Crescent Energy Operating, LLC, Jan 2026 to Jun 2026202120222023202420252026Changed Jan 2021Changed Jul 2023Changed Jan 2026Flat Creek Resources, LLCMay 2020 to Dec 2020Forge Energy Operating, LLCJan 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.

3 wells on this lease

Wells on WOODS
API numberWell no.Status
42-389-415073AShut-in
42-389-415084AShut-in
42-389-415095TBShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100May 1, 2022–
Enterprise Crude Oil LLCOilGathers100Mar 1, 2021May 1, 2022
Energy Transfer CompanyCasinghead gasGathers100May 1, 2020Mar 1, 2021
Energy Transfer CompanyCasinghead gasBuys100May 1, 2020Mar 1, 2021
Arm Energy Management LLCOilGathers100Jan 15, 2021Mar 1, 2021
Plains Marketing, L.p.OilGathers100May 1, 2020Jan 15, 2021

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

Who buys my oilOil price check

640 acres on the newest permit

Permits for Woods
API numberWell no.Acreson the permit
42-389-415073A640
42-389-415084A640
42-389-415095TB640
42-389-336801H640
42-389-341542H640

SourceRailroad Commission drilling permits, Sep 26, 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 WOODS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Crescent Energy9369351621539$84.81$3.15
May 2026Crescent Energy101,141101,085161,876158,0433,833$102.13$2.94
Apr 2026Crescent Energy60,57959,94688,88983,0505,839$100.32$2.77
Mar 2026Crescent Energy257184569391178$91.38$3.04
Feb 2026Crescent Energy6336531,4411,4347$64.51$3.62
Jan 2026Crescent Energy6838731,5671,029538$60.04$7.72
Dec 2025Vital Energy,002,46602,466$57.97$4.26
Nov 2025Vital Energy,3281671360136$60.06$3.79
Oct 2025Vital Energy,5235491,59401,594$60.89$3.19
Sep 2025Vital Energy,7546881,87501,875$63.96$2.97
Aug 2025Vital Energy,8398672,18702,187$64.86$2.91
Jul 2025Vital Energy,7279111,50301,503$68.39$3.20
Jun 2025Vital Energy,8831,0191,43501,435$68.17$3.02
May 2025Vital Energy,1,3371,0881,45301,453$62.17$3.12
Apr 2025Vital Energy,2,3732,2938810881$63.54$3.42
Mar 2025Vital Energy,330358770$68.24$4.12
Feb 2025Vital Energy,99051510$71.53$4.19
Jan 2025Vital Energy,941791181180$75.74$4.13
Dec 2024Vital Energy,7799091,5621,5620$70.12$3.01
Nov 2024Vital Energy,9529381,7401,7400$69.95$2.12
Oct 2024Vital Energy,7557191,5381,5380$71.99$2.20
Sep 2024Vital Energy,7317561,5341,5340$70.24$2.28
Aug 2024Vital Energy,7877371,4441,4440$76.68$1.99
Jul 2024Vital Energy,8227421,8371,8370$81.80$2.07
Jun 2024Vital Energy,6307327767760$79.77$2.54
May 2024Vital Energy,5455122,0532,0530$80.02$2.12
Apr 2024Vital Energy,5858921,0141,0140$85.35$1.60
Mar 2024Vital Energy,7087382,4552,4550$81.28$1.49
Feb 2024Vital Energy,8019424,1044,1040$77.25$1.72
Jan 2024Vital Energy,9267854,1774,1770$74.15$3.18
Dec 2023Vital Energy,8681,1556,0626,0620$71.90$2.52
Nov 2023Vital Energy,9381,1176,8076,8070$77.69$2.71
Oct 2023Vital Energy,9475335,7575,7570$85.64$2.98
Sep 2023Vital Energy,9351,3005,7295,7290$89.43$2.64
Aug 2023Vital Energy,9527206,5286,5280$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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This lease belongs to

OperatorCrescent Energy Operating, LLCFieldPhantom (Wolfcamp)CountyReeves County

Crescent Energy Operating, LLC in Reeves County

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Phantom (Wolfcamp) field

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