Texas oil lease
ProducingUNIVERSITY 09 10-15 ALLOC 03
University 09 10-15 Alloc 03 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) R 40 Exc field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-20873
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 80,145 mcf
- Oil in Jul 2026
- 1,407 bbl
Production by month
Oil output fell 41% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Jan 2024 the lease's gas goes to a processing plant instead of lease fuel
Flaring peaked at 46.9% of the gas in Aug 2024.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
84% · 67,570 mcf
Lease fuel (1)
15% · 11,791 mcf
Flared (4)
1.0% · 784 mcf
1.0% of the gas flared in the last 12 months. 5 months above 3%.
Who has run this lease
The operator changed 2 times, most recently in Nov 2023
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC May 2022 to Oct 2023
- FDL Operating, LLC Jul 2021 to Apr 2022
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-40680 | 03HK | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Jul 29, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
968.80 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-40680 | 03HK | Jun 20, 2019 | Jul 29, 2019 | 968.80 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 1,407 | 1,418 | 6,121 | 5,103 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 1,433 | 1,425 | 6,072 | 5,082 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 1,499 | 1,514 | 6,611 | 5,590 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 1,559 | 1,663 | 6,023 | 4,277 | 772 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 1,357 | 1,243 | 5,106 | 4,135 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 1,589 | 1,581 | 5,130 | 4,207 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 1,281 | 1,329 | 6,383 | 5,398 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,534 | 1,594 | 7,329 | 6,319 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,434 | 1,429 | 5,658 | 4,709 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 1,710 | 1,672 | 7,540 | 6,580 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 1,784 | 1,764 | 9,182 | 8,210 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 1,780 | 1,801 | 8,990 | 7,960 | 12 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 1,575 | 1,570 | 7,743 | 6,778 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 1,750 | 1,818 | 6,361 | 5,396 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 2,621 | 2,558 | 4,609 | 3,682 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 1,083 | 1,145 | 3,948 | 3,097 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 2,291 | 2,397 | 8,765 | 7,757 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 2,205 | 2,247 | 8,099 | 6,955 | 454 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 2,386 | 2,259 | 14,486 | 13,476 | 14 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 2,793 | 2,802 | 15,531 | 14,503 | 5 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 3,119 | 3,130 | 9,438 | 8,495 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 3,448 | 3,507 | 11,375 | 10,393 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 3,393 | 3,498 | 13,172 | 12,314 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 4,350 | 4,117 | 13,041 | 6,009 | 6,118 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 4,190 | 4,183 | 4,042 | 3,099 | 4 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 4,306 | 4,350 | 2,698 | 1,697 | 11 | $79.77 | $2.54 |
| May 2024Permian Resources | 4,109 | 4,055 | 1,339 | 419 | 1 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 3,085 | 3,116 | 1,074 | 432 | 319 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 2,897 | 2,606 | 3,275 | 2,908 | 48 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 1,140 | 1,213 | 1,754 | 1,546 | 5 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 222 | 146 | 291 | 247 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 78 | 111 | 54 | 0 | 5 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 33 | 0 | 191 | 0 | 1 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 0 | 20 | 20 | 1 | 0 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 134 | 343 | 0 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 2,863 | 2,975 | 4,929 | 4,635 | 14 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reagan County
- WTG UNIT 5-234 B
16,195 bbl
- WEATHERBY 1225-1226 A
13,599 bbl
- WEATHERBY 1225-1226 ALLOC 06
16,859 bbl
- UNIVERSITY 09A
16,105 bbl
- WTG UNIT 4-232
14,067 bbl
- BOOTHE 236-6 ALLOC 06
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- ORTEGA
13,995 bbl
- RCR RE 1 180
16,150 bbl
- TUCKER RE 1 194
5,994 bbl
- CHICO EAST 2-28 ALLOC 02
17,282 bbl
Spraberry (Trend Area) R 40 Exc field
- DAVIDSON 12A AND 12B
12,198 bbl
- JORDAN NN 23-24
16,289 bbl
- MORGAN 25-26B-E
16,929 bbl
- BROOK D-W31C
19,448 bbl
- KATHRYN 43-42-B-44
14,572 bbl
- BROOK D-15J
10,073 bbl
- DEVIN 25-24-C
6,616 bbl
- RINGO 8-9
6,149 bbl
- MAYER-215 ALLOC 08
9,046 bbl
- DRIVER W28R
5,912 bbl
Leases within 10 km
- UNIVERSITY 09 10-15 ALLOC 12
24,513 bbl · 0 km
- UNIVERSITY 09A
6,583 bbl · 0.6 km
- UNIVERSITY 9 'A'
9,026 bbl · 1.1 km
- UNIVERSITY 9-11
780 bbl · 1.2 km
- UNIVERSITY 09
150,934 bbl · 1.2 km
- UNIVERSITY -3C-
0 bbl · 1.3 km
- UNIVERSITY 09B
13,775 bbl · 1.3 km
- PLAYA UNIVERSITY 9-15
1,825 bbl · 1.4 km
- UL BOET A
62,411 bbl · 1.5 km
- UL BOET B
50,719 bbl · 1.5 km
Drilling permits within 10 km
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