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Texas oil lease

Producing

UNIVERSITY

University is an oil lease in Andrews County, Texas, operated by Libertad Operating LLC in the Fasken (Wolfcamp) field.

3 wells

4,373bbl oil, last 12 months−17% vs prior year
RRC lease
08-13440

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
24,217 mcf
Oil in Jun 2026
138 bbl

Production by month

Oil output fell 17% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for UNIVERSITY, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 3,938 bbl in the 12 months through Jul 2026, against 4,739 bbl in the 12 months before.Last 12 months: 3,938 bblbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for UNIVERSITY, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 3,938 bbl in the 12 months through Jul 2026, against 4,739 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Jan 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 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 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 Jan 2023

Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Dec 2022; Libertad Operating LLC, Jan 2023 to Jun 20262020202120222023202420252026Changed Jan 2023Diamondback E&P LLCJan 2020 to Dec 2022Libertad Operating LLCJan 2023 to now
Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Dec 2022; Libertad Operating LLC, Jan 2023 to Jun 20262020202120222023202420252026Changed Jan 2023Diamondback E&P LLCJan 2020 to Dec 2022Libertad Operating LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on UNIVERSITY
API numberWell no.Status
42-003-005992Shut-in
42-003-006003Active
42-003-386637Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers50May 2, 2025–
Oasis Transp & Marketing Corp.OilGathers50Jul 1, 2025–
Buckhead Midstream, LLCOilGathers50May 2, 2025Jul 1, 2025
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017May 2, 2025
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017May 2, 2025
Buckhead Midstream, LLCOilGathers100May 1, 2022May 2, 2025
Enterprise Crude Oil LLCOilGathers100Mar 1, 2016May 1, 2022

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

329.50 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160 and 329.5 acres. Use the acres from your own division order for the well you are paid on.

  • 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 University
API numberWell no.Acreson the permit
42-003-386637329.50
42-003-005992329.50
42-003-006003160

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Libertad Operating1381773,2653,2650$84.81$3.15
May 2026Libertad Operating3423583,5703,5700$102.13$2.94
Apr 2026Libertad Operating3291792,5662,5660$100.32$2.77
Mar 2026Libertad Operating3605421,5931,5930$91.38$3.04
Feb 2026Libertad Operating3441791,9471,9470$64.51$3.62
Jan 2026Libertad Operating3353682,7382,7380$60.04$7.72
Dec 2025Libertad Operating4235322,2662,2660$57.97$4.26
Nov 2025Libertad Operating3983649969960$60.06$3.79
Oct 2025Libertad Operating4253621,8001,8000$60.89$3.19
Sep 2025Libertad Operating4023681,8261,8260$63.96$2.97
Aug 2025Libertad Operating4425439269260$64.86$2.91
Jul 2025Libertad Operating4353517247240$68.39$3.20
Jun 2025Libertad Operating2993605235230$68.17$3.02
May 2025Libertad Operating4285403603600$62.17$3.12
Apr 2025Libertad Operating4913604,4534,4530$63.54$3.42
Mar 2025Libertad Operating4795401,8961,8960$68.24$4.12
Feb 2025Libertad Operating3271822,4022,4020$71.53$4.19
Jan 2025Libertad Operating3003592,0302,0300$75.74$4.13
Dec 2024Libertad Operating4815202,0302,0300$70.12$3.01
Nov 2024Libertad Operating4545402,0832,0830$69.95$2.12
Oct 2024Libertad Operating2911742,1072,1070$71.99$2.20
Sep 2024Libertad Operating3493571,7341,7340$70.24$2.28
Aug 2024Libertad Operating4055308298290$76.68$1.99
Jul 2024Libertad Operating4243571,1851,1850$81.80$2.07
Jun 2024Libertad Operating4435387327320$79.77$2.54
May 2024Libertad Operating4403611,2031,2030$80.02$2.12
Apr 2024Libertad Operating3973642,1692,1690$85.35$1.60
Mar 2024Libertad Operating4595372,0572,0570$81.28$1.49
Feb 2024Libertad Operating3913635445440$77.25$1.72
Jan 2024Libertad Operating4243622,3642,3640$74.15$3.18
Dec 2023Libertad Operating4365422,1572,1570$71.90$2.52
Nov 2023Libertad Operating3743611,9771,9770$77.69$2.71
Oct 2023Libertad Operating3723582,0432,0430$85.64$2.98
Sep 2023Libertad Operating3353401,7251,7250$89.43$2.64
Aug 2023Libertad Operating5275331,8031,8030$81.39$2.58

No report filed

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

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Nearby

Fasken (Wolfcamp) field

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