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Texas oil lease

Producing

TEXAS UNIVERSITY

Texas University is an oil lease in Andrews County, Texas, operated by Octane Energy Operating, LLC in the Martin (Consolidated) field.

1 well

376bbl oil, last 12 months−31% vs prior year
Operator
Octane Energy Operating, LLC
County
Andrews County
Field
Martin (Consolidated)
RRC lease
08-46230

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
849 mcf
Oil in Jul 2026
9 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Octane Energy Operating, LLC took over from Fivestones Energy LLC in Nov 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Aug 1, 2026 (last P-5 filed Nov 13, 2024).

  • Buyer

    Buyer changed: DCP OPERATING COMPANY, LP replaced WOODLAND MIDSTREAM OPERATING,LLC as the buyer of this lease's gas from oil wells on Nov 1, 2025.

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

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Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for TEXAS UNIVERSITY, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 376 bbl in the 12 months through Jul 2026, against 548 bbl in the 12 months before.Last 12 months: 376 bblbbl per monthmcf per month002050401006015080200100250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for TEXAS UNIVERSITY, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 376 bbl in the 12 months through Jul 2026, against 548 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002050401006015080200100250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of TEXAS UNIVERSITY gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of TEXAS UNIVERSITY gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Nov 2025

Operators of this lease over timeFivestones Energy LLC, Jan 2020 to Oct 2025; Octane Energy Operating, LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Nov 2025Fivestones Energy LLCJan 2020 to Oct 2025Octane Energy Operating, LLCNov 2025 to now
Operators of this lease over timeFivestones Energy LLC, Jan 2020 to Oct 2025; Octane Energy Operating, LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Nov 2025Fivestones Energy LLCJan 2020 to Oct 2025Octane Energy Operating, LLCNov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on TEXAS UNIVERSITY
API numberWell no.Status
42-003-4681804Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Nov 1, 2025–
Dcp Operating Company, LPCasinghead gasBuys100Nov 1, 2025–
Dcp Operating Company, LPCasinghead gasGathers100Nov 1, 2025–
Woodland Midstream Operating,llcCasinghead gasGathers100Jul 1, 2021Nov 1, 2025
Woodland Midstream Operating,llcCasinghead gasBuys100Jul 1, 2021Nov 1, 2025
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021Nov 1, 2025
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022Nov 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Dec 1, 2022
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2021

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

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82.58 acres on the newest permit

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Permits for Texas University
API numberWell no.Acreson the permit
42-003-468180482.58

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

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36 months, newest first

Ledger for TEXAS UNIVERSITY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Octane Energy91074740$80.46$2.89
Jun 2026Octane Energy525295950$84.81$3.15
May 2026Octane Energy242769690$102.13$2.94
Apr 2026Octane Energy525284840$100.32$2.77
Mar 2026Octane Energy194363630$91.38$3.04
Feb 2026Octane Energy545443430$64.51$3.62
Jan 2026Octane Energy221940400$60.04$7.72
Dec 2025Octane Energy301841410$57.97$4.26
Nov 2025Octane Energy273573730$60.06$3.79
Oct 2025Fivestones Energy281791910$60.89$3.19
Sep 2025Fivestones Energy293688880$63.96$2.97
Aug 2025Fivestones Energy303688880$64.86$2.91
Jul 2025Fivestones Energy301779790$68.39$3.20
Jun 2025Fivestones Energy293492920$68.17$3.02
May 2025Fivestones Energy293534340$62.17$3.12
Apr 2025Fivestones Energy423577770$63.54$3.42
Mar 2025Fivestones Energy50701091090$68.24$4.12
Feb 2025Fivestones Energy443582820$71.53$4.19
Jan 2025Fivestones Energy515347470$75.74$4.13
Dec 2024Fivestones Energy5453880$70.12$3.01
Nov 2024Fivestones Energy515295950$69.95$2.12
Oct 2024Fivestones Energy54521501500$71.99$2.20
Sep 2024Fivestones Energy545387870$70.24$2.28
Aug 2024Fivestones Energy60521131130$76.68$1.99
Jul 2024Fivestones Energy60711271270$81.80$2.07
Jun 2024Fivestones Energy46361411410$79.77$2.54
May 2024Fivestones Energy56521501500$80.02$2.12
Apr 2024Fivestones Energy60701581580$85.35$1.60
Mar 2024Fivestones Energy60521661660$81.28$1.49
Feb 2024Fivestones Energy57721611610$77.25$1.72
Jan 2024Fivestones Energy59521731730$74.15$3.18
Dec 2023Fivestones Energy63701761760$71.90$2.52
Nov 2023Fivestones Energy73521961960$77.69$2.71
Oct 2023Fivestones Energy65702142140$85.64$2.98
Sep 2023Fivestones Energy60531261260$89.43$2.64
Aug 2023Fivestones Energy63691951950$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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Nearby

This lease belongs to

OperatorOctane Energy Operating, LLCFieldMartin (Consolidated)CountyAndrews County

Octane Energy Operating, LLC in Andrews County

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Martin (Consolidated) field

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