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Texas gas well

Producing

RICE, W. M. UNIVERSITY UNIT

Rice, W. M. University Unit is a gas well in Hardin County, Texas, operated by Eqv Operating LLC in the Village Mills Deep (WX Cons.) field.

1 well

106,331mcf gas, last 12 months+13% vs prior year
Operator
Eqv Operating LLC
County
Hardin County
Field
Village Mills Deep (WX Cons.)
RRC lease
03-224206

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Where it sits

This county

Hardin CountyHardinOrangeJasperLibertyTylerNewtonPolkHardin County
Hardin County
Oil, last 12 months
2,334 bbl
Gas in Jul 2026
8,945 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Eqv Operating LLC took over from Olipdp II, LLC in Dec 2025.

  • Buyer

    Buyer changed: EQV OPERATING LLC replaced UNIT PETROLEUM COMPANY as the buyer of this lease's gas from gas wells on May 1, 2026.

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

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Production by month

Gas output rose 13% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 13% over the last 12 monthsMonthly gas production and oil for RICE, W. M. UNIVERSITY UNIT, Aug 2023 to Jul 2026. Gas output rose 13% over the last 12 months. 106,331 mcf in the 12 months through Jul 2026, against 94,197 mcf in the 12 months before.Last 12 months: 106,331 mcfmcf per monthbbl per month002,5002005,0004007,50060010k80012.5k1,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 13% over the last 12 monthsMonthly gas production and oil for RICE, W. M. UNIVERSITY UNIT, Aug 2023 to Jul 2026. Gas output rose 13% over the last 12 months. 106,331 mcf in the 12 months through Jul 2026, against 94,197 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,5002005,0004007,50060010k80012.5k1,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plantShare of RICE, W. M. UNIVERSITY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plantShare of RICE, W. M. UNIVERSITY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Mar 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    79% · 83,535 mcf

  • Processing plant (3)

    12% · 13,205 mcf

  • Lease fuel (1)

    9.0% · 9,591 mcf

Who has run this lease

The operator changed 2 times, most recently in Dec 2025

Operators of this lease over timeUnit Petroleum Company, Jan 2020 to May 2022; Olipdp II, LLC, Jun 2022 to Nov 2025; Eqv Operating LLC, Dec 2025 to Jul 20262020202120222023202420252026Changed Jun 2022Changed Dec 2025Unit Petroleum CompanyJan 2020 to May 2022Olipdp II, LLCJun 2022 to Nov 2025Eqv Operating LLCDec 2025 to now
Operators of this lease over timeUnit Petroleum Company, Jan 2020 to May 2022; Olipdp II, LLC, Jun 2022 to Nov 2025; Eqv Operating LLC, Dec 2025 to Jul 20262020202120222023202420252026Changed Jun 2022Changed Dec 2025Unit Petroleum CompanyJan 2020 to May 2022Olipdp II, LLCJun 2022 to Nov 2025Eqv Operating LLCDec 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RICE, W. M. UNIVERSITY UNIT
API numberWell no.Status
42-199-330351Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.CondensateGathers100May 1, 2026–
Eqv Operating LLCGas-well gasBuys100May 1, 2026–
Enterprise Products Operating LLCGas-well gasGathers100May 1, 2026–
Gulfmark Energy, Inc.CondensateGathers50Jun 18, 2025May 1, 2026
Phillips 66 CompanyCondensateGathers50Jun 18, 2025May 1, 2026
Tennessee Gas Pipeline Co,l.l.c.Gas-well gasGathers100Nov 1, 2013May 1, 2026
Unit Petroleum CompanyGas-well gasBuys100Jan 1, 2008May 1, 2026
Gulfmark Energy, Inc.CondensateGathers100May 1, 2016Jun 18, 2025

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

Who buys my oilOil price check

296.99 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Rice, W. M. University Unit
API numberWell no.Acreson the permit
42-199-330351296.99

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for RICE, W. M. UNIVERSITY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Eqv Operating1611798,9457,0440$80.46$2.89
Jun 2026Eqv Operating1581808,6676,8180$84.81$3.15
May 2026Eqv Operating1731818,0217,1340$102.13$2.94
Apr 2026Eqv Operating1731787,7767,0720$100.32$2.77
Mar 2026Eqv Operating1621829,5068,0320$91.38$3.04
Feb 2026Eqv Operating1061878,3385,6550$64.51$3.62
Jan 2026Eqv Operating13607,5667,5500$60.04$7.72
Dec 2025Eqv Operating6205638,7408,7240$57.97$4.26
Nov 2025Olipdp II,1951798,7308,7150$60.06$3.79
Oct 2025Olipdp II,2565369,6149,5980$60.89$3.19
Sep 2025Olipdp II,4409,5539,5380$63.96$2.97
Aug 2025Olipdp II,150010,87510,8600$64.86$2.91
Jul 2025Olipdp II,1531788,8458,8300$68.39$3.20
Jun 2025Olipdp II,1801858,8008,7850$68.17$3.02
May 2025Olipdp II,180877,6197,6040$62.17$3.12
Apr 2025Olipdp II,1952057,0687,0530$63.54$3.42
Mar 2025Olipdp II,1951837,1137,0980$68.24$4.12
Feb 2025Olipdp II,1812997,2727,2580$71.53$4.19
Jan 2025Olipdp II,1751856,6456,6290$75.74$4.13
Dec 2024Olipdp II,3293018,1318,1150$70.12$3.01
Nov 2024Olipdp II,9108,1358,1200$69.95$2.12
Oct 2024Olipdp II,1771778,0658,0490$71.99$2.20
Sep 2024Olipdp II,2002008,0047,9890$70.24$2.28
Aug 2024Olipdp II,1791828,5008,4850$76.68$1.99
Jul 2024Olipdp II,1081717,9057,8900$81.80$2.07
Jun 2024Olipdp II,3943888,6648,6490$79.77$2.54
May 2024Olipdp II,2091848,6208,6050$80.02$2.12
Apr 2024Olipdp II,2572078,3778,3620$85.35$1.60
Mar 2024Olipdp II,1361818,2638,2480$81.28$1.49
Feb 2024Olipdp II,2111848,0678,0520$77.25$1.72
Jan 2024Olipdp II,2151858,4648,4490$74.15$3.18
Dec 2023Olipdp II,1212098,6478,6310$71.90$2.52
Nov 2023Olipdp II,1821848,2678,2520$77.69$2.71
Oct 2023Olipdp II,1951829,1069,0900$85.64$2.98
Sep 2023Olipdp II,2102038,8378,8220$89.43$2.64
Aug 2023Olipdp II,2342318,9558,9400$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorEqv Operating LLCFieldVillage Mills Deep (WX Cons.)CountyHardin County

Eqv Operating LLC in Hardin County

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Village Mills Deep (WX Cons.) field

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