Texas oil lease

Producing

UNIVERSITY 1-12 B

Name: UNIVERSITY 1-12 B monthly oil and gas production, Upton County, Texas
Creator: Texas Railroad Commission

University 1-12 B is an oil lease in Upton County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.

1 well

66,338bbl oil, since Mar 2026

Operator: Civitas Permian Operating, LLC
County: Upton County
Field: Spraberry (Trend Area)
RRC lease: 7C-23423

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Where it sits

This county

Upton County

Gas, since Mar 2026: 41,717 mcf
Oil in Jul 2026: 6,939 bbl

First check

Production started March 2026; the first check is due by about July 29, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output over 5 reported months

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a processing plant in the 5 months reported

Flaring peaked at 6.7% of the gas in Apr 2026.

Processing plant (3)
Lease fuel (1)
Flared (4)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Processing plant (3)
94% · 39,279 mcf
Flared (4)
3.5% · 1,442 mcf
Lease fuel (1)
2.4% · 996 mcf

3.5% of the gas flared in the 5 months reported. 3 months above 3%.

1 well on this lease

Wells on UNIVERSITY 1-12 B
API number	Well no.	Status
42-461-43299	105A	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Medallion Operating Company, LLC	Oil	Gathers	100	Sep 25, 2025
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Buys	100	Sep 25, 2025
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Gathers	100	Sep 25, 2025

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

Who buys my oil Oil price check

4,030.10 acres on the newest permit

Worth asking
A production sharing agreement well is on this lease
A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

Check your decimal on this lease

Permits for University 1-12 B
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-461-43299	105A	Aug 21, 2025	Sep 25, 2025	4,030.10	Horizontal, PSA

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

Unit decimal checker

What SM Energy Company told investors it received

Civitas Permian Operating, LLC is linked to SM Energy Company (CIVI).

Realized prices reported by SM Energy Company
Quarter	Oil$ per bbl	Gas$ per mcf	Gas liquids$ per bbl	Filing
Q2 2026	$96.85	$0.17	$24.69	SEC filing
Q1 2026	$73.69	$1.72	$21.58	SEC filing
Q3 2025	$65.24	$1.29	$18.21	SEC filing
Q2 2025	$63.87	$1.00	$18.99	SEC filing
Q1 2025	$70.90	$2.48	$24.07	SEC filing
Q4 2024	$69.96	$1.14	$21.47	SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

5 months, newest first

Ledger for UNIVERSITY 1-12 B
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	6,939	6,956	5,746	4,942	250	$80.46	$2.89
Jun 2026	9,757	9,831	7,737	7,284	247	$84.81	$3.15
May 2026	16,858	16,838	11,063	10,570	262	$102.13	$2.94
Apr 2026	19,445	19,507	9,275	8,644	626	$100.32	$2.77
Mar 2026	13,339	13,135	7,896	7,839	57	$91.38	$3.04

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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