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Texas oil lease

Producing

STATE UNIVERSITY "D"

State University "D" is an oil lease in Ward County, Texas, operated by Two P Partners, LLC in the Ward-Estes, North field.

1 well

1,103bbl oil, last 12 months−12% vs prior year
Operator
Two P Partners, LLC
County
Ward County
Field
Ward-Estes, North
RRC lease
08-37588

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
43 mcf
Oil in Jul 2026
49 bbl

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 STATE UNIVERSITY "D", Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 1,103 bbl in the 12 months through Jul 2026, against 1,247 bbl in the 12 months before.Last 12 months: 1,103 bblbbl per monthmcf per month0025205040756010080125100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for STATE UNIVERSITY "D", Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 1,103 bbl in the 12 months through Jul 2026, against 1,247 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025205040756010080125100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 40.0% of the gas in Oct 2024.

  • Transmission line (2)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of STATE UNIVERSITY "D" gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 40.0% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 40.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of STATE UNIVERSITY "D" gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 40.0% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Flared 40.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 42 mcf

  • Flared (4)

    2.3% · 1 mcf

2.3% of the gas flared in the last 12 months. 4 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2021

Operators of this lease over timeFour Corners Petroleum II, LLC, Jan 2020 to Dec 2020; Two P Partners, LLC, Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Four Corners Petroleum II, LLCJan 2020 to Dec 2020Two P Partners, LLCJan 2021 to now
Operators of this lease over timeFour Corners Petroleum II, LLC, Jan 2020 to Dec 2020; Two P Partners, LLC, Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Four Corners Petroleum II, LLCJan 2020 to Dec 2020Two P Partners, LLCJan 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STATE UNIVERSITY "D"
API numberWell no.Status
42-475-348441Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Jul 1, 2024–
Targa Midstream Services LLCCasinghead gasBuys100May 1, 2020–
Targa Midstream Services LLCCasinghead gasGathers100Nov 1, 2018–
Oasis Transp & Marketing Corp.OilGathers100Jan 1, 2024Jul 1, 2024
Rio Energy International, Inc.OilGathers100Oct 1, 2022Jan 1, 2024
Gibson Energy Marketing, LLCOilGathers100May 1, 2020Oct 1, 2022
Targa Midstream Services LLCCasinghead gasBuys100Nov 1, 2018May 1, 2020
Rio Energy International, Inc.OilGathers100Oct 1, 2019May 1, 2020
Gibson Energy Marketing, LLCOilGathers100Nov 1, 2018Oct 1, 2019

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

Who buys my oilOil price check

160 acres on the newest permit

Check your decimal on this lease
Permits for State University "D"
API numberWell no.Acreson the permit
42-475-348441160

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STATE UNIVERSITY "D"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Two P4956220$80.46$2.89
Jun 2026Two P9691440$84.81$3.15
May 2026Two P8584550$102.13$2.94
Apr 2026Two P9594330$100.32$2.77
Mar 2026Two P9796220$91.38$3.04
Feb 2026Two P93107110$64.51$3.62
Jan 2026Two P7868330$60.04$7.72
Dec 2025Two P109155550$57.97$4.26
Nov 2025Two P9561550$60.06$3.79
Oct 2025Two P98131550$60.89$3.19
Sep 2025Two P10456440$63.96$2.97
Aug 2025Two P104167431$64.86$2.91
Jul 2025Two P10399330$68.39$3.20
Jun 2025Two P10749440$68.17$3.02
May 2025Two P109126550$62.17$3.12
Apr 2025Two P111115550$63.54$3.42
Mar 2025Two P10285660$68.24$4.12
Feb 2025Two P115132660$71.53$4.19
Jan 2025Two P10474880$75.74$4.13
Dec 2024Two P99100660$70.12$3.01
Nov 2024Two P97116660$69.95$2.12
Oct 2024Two P110120532$71.99$2.20
Sep 2024Two P9274431$70.24$2.28
Aug 2024Two P9810925250$76.68$1.99
Jul 2024Two P879352520$81.80$2.07
Jun 2024Two P9614244440$79.77$2.54
May 2024Two P1055332311$80.02$2.12
Apr 2024Two P10510225250$85.35$1.60
Mar 2024Two P948745450$81.28$1.49
Feb 2024Two P9817178780$77.25$1.72
Jan 2024Two P10311743430$74.15$3.18
Dec 2023Two P10716549490$71.90$2.52
Nov 2023Two P108061610$77.69$2.71
Oct 2023Two P12217974740$85.64$2.98
Sep 2023Two P101158660$89.43$2.64
Aug 2023Two P1090000$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

OperatorTwo P Partners, LLCFieldWard-Estes, NorthCountyWard County

Two P Partners, LLC in Ward County

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Ward-Estes, North field

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