Air Permit Approval – Vital Energy’s (Crescent Energy) Rambo State TB Facility
Last week, the Texas Commission approved a standard permit (Project #398517) for Vital Energy’s/Crescent Energy Rambo State TB production facility in Reeves County.
- Permit Complete Date: September 24, 2025
- Operator: Vital Energy, Inc.
- Facility Type: Oil & Gas Production Facility (Tank Battery)
- Location: Near Saragosa, TX (Reeves County, Region 07 – Midland)
This approval underscores Vital’s ongoing commitment to infrastructure investment in Reeves County. A new tank battery is often a signal of active drilling or planned drilling nearby, as operators prepare takeaway and storage capacity in advance.
Permian Basin Wells Drilled in 2025 – $10
Include: Account Name, Well Name, Location, Type, Substance….
⛏️ Drilling Commitment in Reeves County
Vital Energy is not just permitting facilities — it’s drilling. According to recent well records:
- 47 wells drilled in Reeves County in 2024 under Vital’s program.
- Activity centered in Phantom (Wolfcamp) and Wolfbone Trend Area, with projected depths of ~11,000 feet.
- Recent leases include Sandy E, Elizabeth G, and Duiker State wells.
- Vital’s regulatory filings list Dana Thompson (Sr. Regulatory/Sustainability) as applicant contact, reflecting a steady, transparent permitting process.
This pattern of drilling + facility permitting shows operational follow-through — wells are being drilled, facilities are being constructed, and production is being brought online.
🔑 Reeves County’s Strategic Importance in the Crescent–Vital Deal
On the corporate side, Crescent Energy (NYSE: CRGY) has announced it will acquire Vital Energy (NYSE: VTLE) in an all-stock transaction valued at $3.1 billion. Reeves County will be a core piece of the transaction’s value:
- Reeves anchors Vital’s Delaware Basin footprint, one of the most prolific areas for U.S. oil growth.
- The deal creates a Top 10 independent producer, with Reeves County providing scale, stacked pay zones, and long-term drilling inventory.
- Crescent is known for its capital discipline — often reducing rig counts post-acquisition while focusing on free cash flow optimization. With Vital’s Reeves wells and permits, Crescent gains flexibility to allocate rigs and capital where returns are strongest.
📌 Why It Matters
Reeves County sits at the crossroads of activity and strategy:
- Air Permit Approval: Signals new facilities and near-term production growth.
- Drilling Commitment: Dozens of wells drilled in 2024 prove Reeves isn’t just on paper — it’s active and producing.
- M&A Spotlight: Reeves acreage is a cornerstone of Crescent’s $3.1B acquisition of Vital, giving Crescent one of the most competitive positions in the Permian Basin.
For Reeves County, the alignment of regulatory approvals, operational drilling, and corporate consolidation reinforces its status as one of the most valuable counties in U.S. shale.
