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UNIVERSITY "1"

University "1" is an oil lease in Andrews County, Texas, operated by Lakeshore Operating, LLC in the Fullerton field.

1 well

1,561bbl oil, last 12 months−38% vs prior year
RRC lease
08-23481

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Lakeshore Operating, LLC took over from Basa Resources, Inc. in Feb 2025.

  • Sales

    Sales over the last 3 months fell to 21% of the 9 months before.

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

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Production by month

Oil output fell 38% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production for UNIVERSITY "1", Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 1,561 bbl in the 12 months through Jul 2026, against 2,498 bbl in the 12 months before.Last 12 months: 1,561 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production for UNIVERSITY "1", Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 1,561 bbl in the 12 months through Jul 2026, against 2,498 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Feb 2025

Operators of this lease over timeBasa Resources, Inc., Jan 2020 to Jan 2025; Lakeshore Operating, LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Basa Resources, Inc.Jan 2020 to Jan 2025Lakeshore Operating, LLCFeb 2025 to now
Operators of this lease over timeBasa Resources, Inc., Jan 2020 to Jan 2025; Lakeshore Operating, LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Basa Resources, Inc.Jan 2020 to Jan 2025Lakeshore Operating, LLCFeb 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY "1"
API numberWell no.Status
42-003-010651Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
4J Energy, LLCOilGathers100Nov 1, 2025–
Dcp Operating Company, LPCasinghead gasGathers100Feb 1, 2025Nov 1, 2025
Dcp Operating Company, LPCasinghead gasBuys100Feb 1, 2025Nov 1, 2025
Hf Sinclair Refining & MarketingOilGathers100Feb 1, 2025Nov 1, 2025
Hollyfrontier Ref & Mktg LLCOilGathers100Sep 1, 2011Feb 1, 2025

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for University "1"
API numberWell no.Acreson the permit
42-003-010651–

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY "1"
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Lakeshore Operating,00$80.46$2.89
Jun 2026Lakeshore Operating,0108$84.81$3.15
May 2026Lakeshore Operating,00$102.13$2.94
Apr 2026Lakeshore Operating,400$100.32$2.77
Mar 2026Lakeshore Operating,195172$91.38$3.04
Feb 2026Lakeshore Operating,137316$64.51$3.62
Jan 2026Lakeshore Operating,1680$60.04$7.72
Dec 2025Lakeshore Operating,128322$57.97$4.26
Nov 2025Lakeshore Operating,1280$60.06$3.79
Oct 2025Lakeshore Operating,254191$60.89$3.19
Sep 2025Lakeshore Operating,223191$63.96$2.97
Aug 2025Lakeshore Operating,288376$64.86$2.91
Jul 2025Lakeshore Operating,227189$68.39$3.20
Jun 2025Lakeshore Operating,240181$68.17$3.02
May 2025Lakeshore Operating,229188$62.17$3.12
Apr 2025Lakeshore Operating,234189$63.54$3.42
Mar 2025Lakeshore Operating,244377$68.24$4.12
Feb 2025Lakeshore Operating,225194$71.53$4.19
Jan 2025Basa Resources,500$75.74$4.13
Dec 2024Basa Resources,175193$70.12$3.01
Nov 2024Basa Resources,238374$69.95$2.12
Oct 2024Basa Resources,235190$71.99$2.20
Sep 2024Basa Resources,191182$70.24$2.28
Aug 2024Basa Resources,210189$76.68$1.99
Jul 2024Basa Resources,880$81.80$2.07
Jun 2024Basa Resources,110164$79.77$2.54
May 2024Basa Resources,213188$80.02$2.12
Apr 2024Basa Resources,210190$85.35$1.60
Mar 2024Basa Resources,272369$81.28$1.49
Feb 2024Basa Resources,259189$77.25$1.72
Jan 2024Basa Resources,265188$74.15$3.18
Dec 2023Basa Resources,267385$71.90$2.52
Nov 2023Basa Resources,256188$77.69$2.71
Oct 2023Basa Resources,244188$85.64$2.98
Sep 2023Basa Resources,189376$89.43$2.64
Aug 2023Basa Resources,207189$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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Lakeshore Operating, LLC in Andrews County

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