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Texas oil lease

Producing

UNIVERSITY 09

University 09 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

56 wells

150,934bbl oil, last 12 months−16% vs prior year
RRC lease
7C-17721

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
1,449,530 mcf
Oil in Jul 2026
13,920 bbl

Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 09, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 150,934 bbl in the 12 months through Jul 2026, against 180,378 bbl in the 12 months before.Last 12 months: 150,934 bblbbl per monthmcf per month005,00050k10k100k15k150k20k200k25k250kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 09, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 150,934 bbl in the 12 months through Jul 2026, against 180,378 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00050k10k100k15k150k20k200k25k250kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 23.4% of the gas in Apr 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 09 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 23.4% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%May 2024: plant to lineFlared 23.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 09 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 23.4% of the gas in Apr 2026.Share of gas by disposition code0%50%100%May 24: plant to lineFlared 23.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    81% · 1,177,107 mcf

  • Lease fuel (1)

    16% · 234,230 mcf

  • Flared (4)

    2.6% · 38,193 mcf

2.6% of the gas flared in the last 12 months. 13 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Nov 2023

Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

56 wells on this lease

Wells on UNIVERSITY 09
API numberWell no.Status
42-383-305320501DActive
42-383-376691801HActive
42-383-377081802HActive
42-383-378001803HActive
42-383-378261804HActive
42-383-378670701DActive
42-383-379390801HActive
42-383-379400902HActive
42-383-379550802HActive
42-383-379570803HActive
42-383-379580901HActive
42-383-380330903HShut-in
42-383-380950905HActive
42-383-380960906HActive
42-383-381510913HActive
42-383-381580907HActive
42-383-381710809HActive
42-383-381720810HActive
42-383-383270819HActive
42-383-383280808HActive
42-383-383290820HActive
42-383-384380816HActive
42-383-384400817HActive
42-383-384410818HActive
42-383-384431806HActive
42-383-384441808HActive
42-383-384451809HActive
42-383-384481805HActive
42-383-384491815HActive
42-383-384501807HActive
42-383-384511817HActive
42-383-384521814HActive
42-383-384531811HActive
42-383-384541812HActive
42-383-384551813HActive
42-383-384591810HActive
42-383-384601818HActive
42-383-384631819HActive
42-383-384681820HActive
42-383-384691823HActive
42-383-384731821HActive
42-383-385031824HActive
42-383-385381825HActive
42-383-385721822HActive
42-383-385731826HActive
42-383-385741827HActive
42-383-388570918HActive
42-383-389280912HActive
42-383-389370921HActive
42-383-390251816HActive
42-383-392020806HActive
42-383-392030804HActive
42-383-392050813HActive
42-383-392100812HActive
42-383-392110811HActive
42-383-392881828HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers50Apr 1, 2026–
Plains Pipeline L.p.OilGathers50Apr 1, 2026–
Canes Midstream G&p LLCCasinghead gasBuys50Apr 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys50Apr 1, 2026–
Canes Midstream G&p LLCCasinghead gasGathers50Apr 1, 2026–
Dcp Operating Company, LPCasinghead gasGathers50Apr 1, 2026–
Canes Midstream G&p LLCCasinghead gasGathers100Oct 1, 2023Apr 1, 2026
Canes Midstream G&p LLCCasinghead gasBuys100Oct 1, 2023Apr 1, 2026
Dcp Operating Company, LPOilGathers10Oct 1, 2023Apr 1, 2026
Plains Marketing, L.p.OilGathers15Oct 1, 2023Apr 1, 2026
Plains Pipeline L.p.OilGathers75Oct 1, 2023Apr 1, 2026
Cogent Midstream Logistics, LLCCasinghead gasGathers50Mar 1, 2020Oct 1, 2023

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

4,522.29 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 3,553.24 and 4,522.29 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    56 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.

Check your decimal on this lease
Permits for University 09
API numberWell no.Acreson the permit
42-383-379400902H4,522.29
42-383-377081802H4,522.29
42-383-392881828H4,522.29
42-383-392050813H4,522.29
42-383-379550802H4,522.29
42-383-392020806H4,522.29
42-383-392030804H4,522.29
42-383-392100812H4,522.29
42-383-392110811H4,522.29
42-383-390251816H4,522.29
42-383-389280912H4,522.20
42-383-389370921H4,522.20

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

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 09
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources13,92013,599128,220105,923223$80.46$2.89
Jun 2026Permian Resources13,20813,261121,76893,33412,785$84.81$3.15
May 2026Permian Resources10,65410,92587,04267,066802$102.13$2.94
Apr 2026Permian Resources10,88811,76798,12256,00922,991$100.32$2.77
Mar 2026Permian Resources14,45213,705147,915124,81236$91.38$3.04
Feb 2026Permian Resources12,88813,497125,233104,016109$64.51$3.62
Jan 2026Permian Resources13,54113,136115,79392,921493$60.04$7.72
Dec 2025Permian Resources13,68014,561127,605104,29312$57.97$4.26
Nov 2025Permian Resources9,2138,176108,21992,710270$60.06$3.79
Oct 2025Permian Resources10,32110,18092,06078,25589$60.89$3.19
Sep 2025Permian Resources14,18214,247151,920129,111153$63.96$2.97
Aug 2025Permian Resources13,98713,982145,633128,657230$64.86$2.91
Jul 2025Permian Resources14,02813,849139,925124,166127$68.39$3.20
Jun 2025Permian Resources13,95214,623138,247122,222479$68.17$3.02
May 2025Permian Resources15,78615,804133,722116,131497$62.17$3.12
Apr 2025Permian Resources15,70015,680139,266121,1081,596$63.54$3.42
Mar 2025Permian Resources16,56616,657147,077127,538625$68.24$4.12
Feb 2025Permian Resources15,09815,255123,377109,778323$71.53$4.19
Jan 2025Permian Resources13,71613,596117,851100,332175$75.74$4.13
Dec 2024Permian Resources14,00714,036121,685103,891186$70.12$3.01
Nov 2024Permian Resources13,44413,762123,367106,872403$69.95$2.12
Oct 2024Permian Resources16,51616,116137,199120,55133$71.99$2.20
Sep 2024Permian Resources15,37915,417128,766113,642907$70.24$2.28
Aug 2024Permian Resources16,18615,862160,881143,3541,050$76.68$1.99
Jul 2024Permian Resources16,54716,510171,623148,1177,125$81.80$2.07
Jun 2024Permian Resources16,43317,057190,146161,70211,508$79.77$2.54
May 2024Permian Resources17,06316,542205,085164,18023,849$80.02$2.12
Apr 2024Permian Resources17,43118,145170,786126,84737,339$85.35$1.60
Mar 2024Permian Resources17,89517,394183,937159,5685,839$81.28$1.49
Feb 2024Permian Resources17,45818,081153,922131,3205,833$77.25$1.72
Jan 2024Permian Resources14,04113,954167,408149,0151,446$74.15$3.18
Dec 2023Permian Resources14,12714,060173,745139,83018,715$71.90$2.52
Nov 2023Permian Resources14,49314,371184,959163,5816,872$77.69$2.71
Oct 2023Earthstone Operating,13,82413,685200,204172,91210,082$85.64$2.98
Sep 2023Earthstone Operating,15,20416,059221,136165,36238,368$89.43$2.64
Aug 2023Earthstone Operating,15,40715,354237,723181,55237,635$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

Permian Resources Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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