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Texas oil lease

Producing

SANTA FE BOULWARE UNIT 2

Santa Fe Boulware Unit 2 is an oil lease in Schleicher County, Texas, operated by Crescent Energy Operating, LLC in the H-J (Strawn) field.

3 wells

349bbl oil, last 12 months−12% vs prior year
Operator
Crescent Energy Operating, LLC
County
Schleicher County
Field
H-J (Strawn)
RRC lease
7C-03640

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Where it sits

This county

Schleicher CountySchleicherTom GreenIrionSuttonMenardConchoSchleicher County
Schleicher County
Gas, last 12 months
31 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Crescent Energy Operating, LLC took over from Contango Resources, LLC in Nov 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since May 1, 2026 (last P-5 filed Feb 20, 2025).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for SANTA FE BOULWARE UNIT 2, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 349 bbl in the 12 months through Jul 2026, against 396 bbl in the 12 months before.Last 12 months: 349 bblbbl per monthmcf per month002010402060308040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for SANTA FE BOULWARE UNIT 2, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 349 bbl in the 12 months through Jul 2026, against 396 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002010402060308040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the only month reported

Flaring peaked at 100.0% of the gas in May 2026.

All of the gas went to flaring in the only month reportedShare of SANTA FE BOULWARE UNIT 2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the only month reported. Flaring peaked at 100.0% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the only month reportedShare of SANTA FE BOULWARE UNIT 2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the only month reported. Flaring peaked at 100.0% of the gas in May 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the only month reported. One month above 3%.

Who has run this lease

The operator changed 3 times, most recently in Nov 2025

Operators of this lease over timeGrizzly Op of Delaware, LLC, Jan 2020 to Jan 2021; Contango Resources, Inc., Feb 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Oct 2025; Crescent Energy Operating, LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Jan 2022Changed Nov 2025Grizzly Op of Delaware, LLCJan 2020 to Jan 2021Contango Resources, Inc.Feb 2021 to Dec 2021Contango Resources, LLCJan 2022 to Oct 2025Crescent Energy Operating, LLCNov 2025 to now
Operators of this lease over timeGrizzly Op of Delaware, LLC, Jan 2020 to Jan 2021; Contango Resources, Inc., Feb 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Oct 2025; Crescent Energy Operating, LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Jan 2022Changed Nov 2025Grizzly Op of Delaware, LLCJan 2020 to Jan 2021Contango Resources, Inc.Feb 2021 to Dec 2021Contango Resources, LLCJan 2022 to Oct 2025Crescent Energy Operating, LLCNov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on SANTA FE BOULWARE UNIT 2
API numberWell no.Status
42-413-004981Active
42-413-004992Shut-in
42-413-005003Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Davis Gas Processing, Inc.Casinghead gasBuys100Mar 1, 2008–
Davis Gas Processing, Inc.Casinghead gasGathers100Mar 1, 2008–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 1, 2002Dec 1, 2022

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

Who buys my oilOil price check

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Santa Fe Boulware Unit 2
API numberWell no.Acreson the permit
42-413-004981–
42-413-004992–
42-413-005003–

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

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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 SANTA FE BOULWARE UNIT 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Crescent Energy00000$80.46$2.89
Jun 2026Crescent Energy09000$84.81$3.15
May 2026Crescent Energy286231031$102.13$2.94
Apr 2026Crescent Energy5636000$100.32$2.77
Mar 2026Crescent Energy5770000$91.38$3.04
Feb 2026Crescent Energy4222000$64.51$3.62
Jan 2026Crescent Energy1723000$60.04$7.72
Dec 2025Crescent Energy2722000$57.97$4.26
Nov 2025Crescent Energy2829000$60.06$3.79
Oct 2025Contango Resources,3142000$60.89$3.19
Sep 2025Contango Resources,3625000$63.96$2.97
Aug 2025Contango Resources,2731000$64.86$2.91
Jul 2025Contango Resources,3429000$68.39$3.20
Jun 2025Contango Resources,3024000$68.17$3.02
May 2025Contango Resources,3032000$62.17$3.12
Apr 2025Contango Resources,2827000$63.54$3.42
Mar 2025Contango Resources,5358000$68.24$4.12
Feb 2025Contango Resources,4636000$71.53$4.19
Jan 2025Contango Resources,3438000$75.74$4.13
Dec 2024Contango Resources,3735000$70.12$3.01
Nov 2024Contango Resources,2423000$69.95$2.12
Oct 2024Contango Resources,4152000$71.99$2.20
Sep 2024Contango Resources,2122000$70.24$2.28
Aug 2024Contango Resources,1810000$76.68$1.99
Jul 2024Contango Resources,2131000$81.80$2.07
Jun 2024Contango Resources,2224000$79.77$2.54
May 2024Contango Resources,2323000$80.02$2.12
Apr 2024Contango Resources,2523000$85.35$1.60
Mar 2024Contango Resources,2115000$81.28$1.49
Feb 2024Contango Resources,2015000$77.25$1.72
Jan 2024Contango Resources,1924000$74.15$3.18
Dec 2023Contango Resources,2523000$71.90$2.52
Nov 2023Contango Resources,2828000$77.69$2.71
Oct 2023Contango Resources,2528000$85.64$2.98
Sep 2023Contango Resources,2830000$89.43$2.64
Aug 2023Contango Resources,2426000$81.39$2.58

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, LLCFieldH-J (Strawn)CountySchleicher County

Crescent Energy Operating, LLC in Schleicher County

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H-J (Strawn) field

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