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Texas oil lease

Producing

UNIVERSITY

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

Oil lease dossier

2,834bbl oil, last 12 months−14% vs prior year
Operator
Octane Energy Operating, LLC
County
Andrews County
Field
Martin (Consolidated)
RRC lease
08-57260

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
7,923 mcf
Oil in Jul 2026
39 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 JAMES LAKE MIDSTREAM 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 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for UNIVERSITY, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 2,834 bbl in the 12 months through Jul 2026, against 3,303 bbl in the 12 months before.Last 12 months: 2,834 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for UNIVERSITY, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 2,834 bbl in the 12 months through Jul 2026, against 3,303 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 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 Nov 2025

Operators of this lease over timeFivestones Energy LLC, Mar 2022 to Oct 2025; Octane Energy Operating, LLC, Nov 2025 to Jul 20262023202420252026Changed Nov 2025Fivestones Energy LLCMar 2022 to Oct 2025Octane Energy Operating, LLCNov 2025 to now
Operators of this lease over timeFivestones Energy LLC, Mar 2022 to Oct 2025; Octane Energy Operating, LLC, Nov 2025 to Jul 20262023202420252026Changed Nov 2025Fivestones Energy LLCMar 2022 to Oct 2025Octane Energy Operating, LLCNov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

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–
James Lake Midstream LLCCasinghead gasGathers100Mar 29, 2022Nov 1, 2025
James Lake Midstream LLCCasinghead gasBuys100Mar 29, 2022Nov 1, 2025
Energy Trans Crude Marketing LLCOilGathers50Mar 29, 2022Nov 1, 2025
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022Nov 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Mar 29, 2022Dec 1, 2022

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 University
API numberWell no.Acreson the permit
42-003-333341160

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Octane Energy391821571570$80.46$2.89
Jun 2026Octane Energy4143762372370$84.81$3.15
May 2026Octane Energy2261785985980$102.13$2.94
Apr 2026Octane Energy2261768358350$100.32$2.77
Mar 2026Octane Energy2363546106100$91.38$3.04
Feb 2026Octane Energy2341846526520$64.51$3.62
Jan 2026Octane Energy2231877587580$60.04$7.72
Dec 2025Octane Energy2501828368360$57.97$4.26
Nov 2025Octane Energy2343577877870$60.06$3.79
Oct 2025Fivestones Energy2461788318310$60.89$3.19
Sep 2025Fivestones Energy2501798228220$63.96$2.97
Aug 2025Fivestones Energy2563588008000$64.86$2.91
Jul 2025Fivestones Energy2561684684680$68.39$3.20
Jun 2025Fivestones Energy2483541091090$68.17$3.02
May 2025Fivestones Energy26416516160$62.17$3.12
Apr 2025Fivestones Energy2713735385380$63.54$3.42
Mar 2025Fivestones Energy2903567867860$68.24$4.12
Feb 2025Fivestones Energy2521791661660$71.53$4.19
Jan 2025Fivestones Energy2893591281280$75.74$4.13
Dec 2024Fivestones Energy32618131310$70.12$3.01
Nov 2024Fivestones Energy1811765435430$69.95$2.12
Oct 2024Fivestones Energy3073571,0101,0100$71.99$2.20
Sep 2024Fivestones Energy3023551041040$70.24$2.28
Aug 2024Fivestones Energy3173608078070$76.68$1.99
Jul 2024Fivestones Energy3311767647640$81.80$2.07
Jun 2024Fivestones Energy3263681,0011,0010$79.77$2.54
May 2024Fivestones Energy1311791,0191,0190$80.02$2.12
Apr 2024Fivestones Energy3613581,0721,0720$85.35$1.60
Mar 2024Fivestones Energy3953581,0811,0810$81.28$1.49
Feb 2024Fivestones Energy4795411,0611,0610$77.25$1.72
Jan 2024Fivestones Energy2131746716710$74.15$3.18
Dec 2023Fivestones Energy2161758118110$71.90$2.52
Nov 2023Fivestones Energy3743541,0811,0810$77.69$2.71
Oct 2023Fivestones Energy4015301,3051,3050$85.64$2.98
Sep 2023Fivestones Energy3953278738730$89.43$2.64
Aug 2023Fivestones Energy4343551,3911,3910$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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New drilling permits in Andrews County

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