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Producing

THOMASON, UNIVERSITY

Thomason, University is an oil lease in Reagan County, Texas, operated by L & M Operating, Inc. in the Weger, North field.

8 wells

1,122bbl oil, last 12 months−19% vs prior year
Operator
L & M Operating, Inc.
County
Reagan County
Field
Weger, North
RRC lease
7C-06738

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
1,434 mcf
Oil in Jul 2026
98 bbl

Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for THOMASON, UNIVERSITY, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 1,122 bbl in the 12 months through Jul 2026, against 1,383 bbl in the 12 months before.Last 12 months: 1,122 bblbbl per monthmcf per month005050100100150150200200250250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for THOMASON, UNIVERSITY, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 1,122 bbl in the 12 months through Jul 2026, against 1,383 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200250250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of THOMASON, UNIVERSITY gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of THOMASON, UNIVERSITY gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 36 months above 3%.

8 wells on this lease

Wells on THOMASON, UNIVERSITY
API numberWell no.Status
42-383-205402Active
42-383-205411Active
42-383-314203Active
42-383-315274Active
42-383-317696Active
42-383-319447Active
42-383-319455Active
42-383-322698Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Shell Trading (Us) CompanyOilGathers100Jan 1, 2011
Davis Gas Processing, Inc.Casinghead gasBuys100Jan 1, 2011
Davis Gas Processing, Inc.Casinghead gasGathers100Jan 1, 2011

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

Who buys my oilOil price check

157 acres on the newest permit

  • Good to know

    8 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Thomason, University
API numberWell no.Acreson the permit
42-383-322698157
42-383-319447157
42-383-319455157
42-383-317696157
42-383-315274157
42-383-314203157
42-383-205402–
42-383-205411–

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

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36 months, newest first

Ledger for THOMASON, UNIVERSITY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269801160116$80.46$2.89
Jun 20261041681150115$84.81$3.15
May 202610901160116$102.13$2.94
Apr 2026771641150115$100.32$2.77
Mar 2026831671160116$91.38$3.04
Feb 202613601150115$64.51$3.62
Jan 2026741661160116$60.04$7.72
Dec 202513601200120$57.97$4.26
Nov 20251011651150115$60.06$3.79
Oct 2025851651250125$60.89$3.19
Sep 20252301450145$63.96$2.97
Aug 20259601200120$64.86$2.91
Jul 20251221701200120$68.39$3.20
Jun 2025691662200220$68.17$3.02
May 20259801800180$62.17$3.12
Apr 20251373312150215$63.54$3.42
Mar 202513301350135$68.24$4.12
Feb 20251101701780178$71.53$4.19
Jan 20259201500150$75.74$4.13
Dec 20241523321580158$70.12$3.01
Nov 202414601400140$69.95$2.12
Oct 20241501681800180$71.99$2.20
Sep 20248901450145$70.24$2.28
Aug 2024851641420142$76.68$1.99
Jul 20241481651400140$81.80$2.07
Jun 20241351621600160$79.77$2.54
May 20241761681240124$80.02$2.12
Apr 20241721671240124$85.35$1.60
Mar 20241821671780178$81.28$1.49
Feb 20241841661240124$77.25$1.72
Jan 20241731661800180$74.15$3.18
Dec 20231943302170217$71.90$2.52
Nov 20232411651600160$77.69$2.71
Oct 202315901350135$85.64$2.98
Sep 20231151701300130$89.43$2.64
Aug 20231131631300130$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

OperatorL & M Operating, Inc.FieldWeger, NorthCountyReagan County

L & M Operating, Inc. in Reagan County

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Weger, North field

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