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Producing

TRINITY UNIVERSITY "199"

Trinity University "199" is an oil lease in Gaines County, Texas, operated by Fasken Oil and Ranch, Ltd. in the Three-O-Three (San Andres) field.

8 wells

14,636bbl oil, last 12 months−7% vs prior year
Operator
Fasken Oil and Ranch, Ltd.
County
Gaines County
Field
Three-O-Three (San Andres)
RRC lease
8A-66755

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Where it sits

This county

Gaines CountyGainesYoakumDawsonTerryGaines County
Gaines County
Gas, last 12 months
7,600 mcf
Oil in Jul 2026
1,170 bbl

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for TRINITY UNIVERSITY "199", Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 14,636 bbl in the 12 months through Jul 2026, against 15,783 bbl in the 12 months before.Last 12 months: 14,636 bblbbl per monthmcf per month005002001,0004001,5006002,000800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for TRINITY UNIVERSITY "199", Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 14,636 bbl in the 12 months through Jul 2026, against 15,783 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002001,0004001,5006002,000800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Mar 2025.

  • Lease fuel (1)
  • Flared (4)
96% of the gas went to flaring in the last 12 monthsShare of TRINITY UNIVERSITY "199" gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Mar 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to flaring in the last 12 monthsShare of TRINITY UNIVERSITY "199" gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Mar 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    96% · 7,300 mcf

  • Lease fuel (1)

    3.9% · 300 mcf

96.1% of the gas flared in the last 12 months. 33 months above 3%.

8 wells on this lease

Wells on TRINITY UNIVERSITY "199"
API numberWell no.Status
42-165-343661Active
42-165-344352Shut-in
42-165-345373Active
42-165-346674Active
42-165-346865Active
42-165-346976Active
42-165-362967Active
42-165-362978Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Hf Sinclair Refining & MarketingOilGathers100Feb 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Hollyfrontier Ref & Mktg LLCOilGathers100Sep 1, 2011Feb 1, 2026

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

Who buys my oilOil price check

600 acres on the newest permit

The wells on this lease state different acreage

The permits state between 400 and 600 acres.

8 wells are listed on this lease

Permits for Trinity University "199"
API numberWell no.Acreson the permit
42-165-344352600
42-165-362967600
42-165-362978600
42-165-346976600
42-165-346865600
42-165-346674600
42-165-345373600
42-165-343661400

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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36 months, newest first

Ledger for TRINITY UNIVERSITY "199"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,1709196450620$80.46$2.89
Jun 20261,1801,2996250600$84.81$3.15
May 20261,0931,1406450620$102.13$2.94
Apr 20261,2191,1366250600$100.32$2.77
Mar 20261,0571,1656450620$91.38$3.04
Feb 20261,2081,1585850560$64.51$3.62
Jan 20261,2301,1506450620$60.04$7.72
Dec 20251,3811,4786450620$57.97$4.26
Nov 20251,1619516250600$60.06$3.79
Oct 20251,3701,6876450620$60.89$3.19
Sep 20251,1709446250600$63.96$2.97
Aug 20251,3971,5136450620$64.86$2.91
Jul 20251,2471,2944900465$68.39$3.20
Jun 20251,3481,30962500$68.17$3.02
May 20251,2991,1286450620$62.17$3.12
Apr 20251,3811,5166250600$63.54$3.42
Mar 20251,2511,3266200620$68.24$4.12
Feb 20251,2861,1485850560$71.53$4.19
Jan 20251,2951,3446450620$75.74$4.13
Dec 20241,2471,2896450620$70.12$3.01
Nov 20241,2931,3266250600$69.95$2.12
Oct 20241,4201,4092500$71.99$2.20
Sep 20241,2681,2986250600$70.24$2.28
Aug 20241,4481,4876450620$76.68$1.99
Jul 20241,2891,0436450620$81.80$2.07
Jun 20241,4541,7006250600$79.77$2.54
May 20241,3181,1192500$80.02$2.12
Apr 20241,4551,5026250600$85.35$1.60
Mar 20241,3931,5036450620$81.28$1.49
Feb 20241,3911,3206050580$77.25$1.72
Jan 20241,2981,5186450620$74.15$3.18
Dec 20231,1781,1736450620$71.90$2.52
Nov 20231,4221,1076250600$77.69$2.71
Oct 20231,4041,4626450620$85.64$2.98
Sep 20231,3071,2916250600$89.43$2.64
Aug 20231,3091,6456450620$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorFasken Oil and Ranch, Ltd.FieldThree-O-Three (San Andres)CountyGaines County

Fasken Oil and Ranch, Ltd. in Gaines County

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