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Texas oil lease

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UNIVERSITY 09B

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

Oil lease dossier

11,140bbl oil, last 12 months−15% vs prior year
RRC lease
7C-20621

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
86,038 mcf
Oil in Jul 2026
844 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: De Central Operating, LLC took over from De IV Operating, LLC in Mar 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jan 29, 2026 (last P-5 filed Jan 7, 2025).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 09B, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 11,140 bbl in the 12 months through Jul 2026, against 13,104 bbl in the 12 months before.Last 12 months: 11,140 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 09B, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 11,140 bbl in the 12 months through Jul 2026, against 13,104 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 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

Flaring peaked at 100.0% of the gas in Sep 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 09B 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. Flaring peaked at 100.0% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 09B 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. Flaring peaked at 100.0% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 5 times, most recently in Mar 2025

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 May 2024; De IV Operating, LLC, Jun 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Changed Jun 2024Changed Mar 2025Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to May 2024De IV Operating, LLCJun 2024 to Feb 2025De Central Operating, LLCMar 2025 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 May 2024; De IV Operating, LLC, Jun 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Changed Jun 2024Changed Mar 2025Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, LLCNov 2023 to May 2024De IV Operating, LLCJun 2024 to Feb 2025De Central Operating, LLCMar 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%From
Medallion Operating Company, LLCOilGathers100Mar 1, 2020
Dcp Operating Company, LPCasinghead gasBuys100Mar 1, 2020
Dcp Operating Company, LPCasinghead gasGathers100Mar 1, 2020

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

322.99 acres on the newest permit

Permits for University 09B
API numberWell no.Acreson the permit
42-383-390670611H322.99
42-383-390800610H322.99
42-383-390840612H322.99
42-383-387760615H322.99
42-383-387680613H322.99
42-383-387800614H322.99

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 09B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026De Central8448479,9409,9400$80.46$2.89
Jun 2026De Central9088429,5969,5960$84.81$3.15
May 2026De Central9038869,4399,4390$102.13$2.94
Apr 2026De Central9579409,1219,1210$100.32$2.77
Mar 2026De Central1,0071,0749,0849,0840$91.38$3.04
Feb 2026De Central9821,2897,9927,9920$64.51$3.62
Jan 2026De Central1,0868417,6757,6750$60.04$7.72
Dec 2025De Central1,1121,0527,2427,2420$57.97$4.26
Nov 2025De Central1,1041,1705,2235,2230$60.06$3.79
Oct 2025De Central7688703,5743,5740$60.89$3.19
Sep 2025De Central2884451,6821,6820$63.96$2.97
Aug 2025De Central1,1819735,4705,4700$64.86$2.91
Jul 2025De Central1,1531,1005,3275,3270$68.39$3.20
Jun 2025De Central1,3621,3175,2305,2300$68.17$3.02
May 2025De Central1,6091,5942,9422,9420$62.17$3.12
Apr 2025De Central1,6791,719000$63.54$3.42
Mar 2025De Central1,7551,75026026$68.24$4.12
Feb 2025De IV253309000$71.53$4.19
Jan 2025De IV1,8571,8177,2587,2580$75.74$4.13
Dec 2024De IV1,8681,8838,4558,4550$70.12$3.01
Nov 2024De IV1941393,0653,0650$69.95$2.12
Oct 2024De IV5044162,1171,374743$71.99$2.20
Sep 2024De IV4764394240424$70.24$2.28
Aug 2024De IV394373000$76.68$1.99
Jul 2024De IV1,1021,11713,47513,4750$81.80$2.07
Jun 2024De IV1,1501,0896,2564,8661,390$79.77$2.54
May 2024Permian Resources1,1251,17419,37318,05025$80.02$2.12
Apr 2024Permian Resources1,1101,11617,21616,554163$85.35$1.60
Mar 2024Permian Resources1,3921,35318,37217,0732$81.28$1.49
Feb 2024Permian Resources1,1431,17716,15614,8719$77.25$1.72
Jan 2024Permian Resources1,1741,12416,74015,4357$74.15$3.18
Dec 2023Permian Resources1,2701,29815,69213,986356$71.90$2.52
Nov 2023Permian Resources1,1641,19918,98417,6640$77.69$2.71
Oct 2023Earthstone Operating,1,1861,17920,15018,8130$85.64$2.98
Sep 2023Earthstone Operating,1,2251,22619,01117,63591$89.43$2.64
Aug 2023Earthstone Operating,1,2021,17920,11818,7710$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

Spraberry (Trend Area) field

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