Skip to content
Royalty Clerk

Texas oil lease

Producing

ATLANTIC UNIVERSITY

Atlantic University is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Block 31 (Devonian) field.

2 wells

875bbl oil, last 12 months−35% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Block 31 (Devonian)
RRC lease
08-28352

Is your check right?

Check my statement

Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
8,447 mcf
Oil in Jul 2026
58 bbl

Production by month

Oil output fell 35% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for ATLANTIC UNIVERSITY, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 875 bbl in the 12 months through Jul 2026, against 1,346 bbl in the 12 months before.Last 12 months: 875 bblbbl per monthmcf per month00502501005001507502001,0002501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for ATLANTIC UNIVERSITY, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 875 bbl in the 12 months through Jul 2026, against 1,346 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,0002501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

72% of the gas went to a transmission line in the last 12 months

Flaring peaked at 82.5% of the gas in Jun 2026.

  • Transmission line (2)
  • Flared (4)
72% of the gas went to a transmission line in the last 12 monthsShare of ATLANTIC UNIVERSITY gas by disposition code each month, Aug 2023 to Jul 2026. 72% of the gas went to a transmission line in the last 12 months. Flaring peaked at 82.5% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 82.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
72% of the gas went to a transmission line in the last 12 monthsShare of ATLANTIC UNIVERSITY gas by disposition code each month, Aug 2023 to Jul 2026. 72% of the gas went to a transmission line in the last 12 months. Flaring peaked at 82.5% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 82.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    72% · 6,055 mcf

  • Flared (4)

    28% · 2,392 mcf

28.3% of the gas flared in the last 12 months. 14 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Nov 2023

Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Nov 2023Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Nov 2023Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on ATLANTIC UNIVERSITY
API numberWell no.Status
42-103-110751Active
42-103-111152Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers80Jan 1, 2023–
Shell Trading (Us) CompanyOilGathers20Jan 1, 2023–
Targa Midstream Services LLCCasinghead gasBuys100Jan 1, 2023–
Targa Midstream Services LLCCasinghead gasGathers100Jan 1, 2023–
Plains Marketing, L.p.OilGathers100Nov 1, 2011Jan 1, 2023
Apache CorporationCasinghead gasGathers100Dec 1, 2010Jul 1, 2021
Apache CorporationCasinghead gasBuys100Dec 1, 2010Jul 1, 2021

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 Atlantic University
API numberWell no.Acreson the permit
42-103-110751–
42-103-111152–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for ATLANTIC UNIVERSITY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations5846735630105$80.46$2.89
Jun 2026Formentera Operations5569692121571$84.81$3.15
May 2026Formentera Operations6248623178445$102.13$2.94
Apr 2026Formentera Operations5169689531158$100.32$2.77
Mar 2026Formentera Operations69688138067$91.38$3.04
Feb 2026Formentera Operations625573871325$64.51$3.62
Jan 2026Formentera Operations585878076911$60.04$7.72
Dec 2025Formentera Operations6561647379268$57.97$4.26
Nov 2025Formentera Operations6774610387223$60.06$3.79
Oct 2025Formentera Operations9196618185433$60.89$3.19
Sep 2025Formentera Operations111118636517119$63.96$2.97
Aug 2025Formentera Operations12612286683927$64.86$2.91
Jul 2025Formentera Operations1141088328248$68.39$3.20
Jun 2025Formentera Operations1131297577489$68.17$3.02
May 2025Formentera Operations11710870661789$62.17$3.12
Apr 2025Formentera Operations130159775547228$63.54$3.42
Mar 2025Formentera Operations1471278988980$68.24$4.12
Feb 2025Formentera Operations1221028368360$71.53$4.19
Jan 2025Formentera Operations12213387185516$75.74$4.13
Dec 2024Formentera Operations128113802500302$70.12$3.01
Nov 2024Formentera Operations879079978613$69.95$2.12
Oct 2024Formentera Operations999895388271$71.99$2.20
Sep 2024Formentera Operations82851,0029948$70.24$2.28
Aug 2024Formentera Operations85881,0931,0930$76.68$1.99
Jul 2024Formentera Operations85861,0331,0330$81.80$2.07
Jun 2024Formentera Operations76717457450$79.77$2.54
May 2024Formentera Operations80768848840$80.02$2.12
Apr 2024Formentera Operations88949479470$85.35$1.60
Mar 2024Formentera Operations77719289280$81.28$1.49
Feb 2024Formentera Operations75787717710$77.25$1.72
Jan 2024Formentera Operations72719329320$74.15$3.18
Dec 2023Formentera Operations78701,0461,0460$71.90$2.52
Nov 2023Formentera Operations58629619610$77.69$2.71
Oct 2023Slant Operating,58589809800$85.64$2.98
Sep 2023Slant Operating,51511,0961,08412$89.43$2.64
Aug 2023Slant Operating,62671,0981,07622$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.

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

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorFormentera Operations LLCFieldBlock 31 (Devonian)CountyCrane County

Formentera Operations LLC in Crane County

All Formentera Operations LLC leases →

Block 31 (Devonian) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km