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Texas oil lease

Producing

UNIVERSITY 1-24 SOUTH UNIT

University 1-24 South Unit is an oil lease in Andrews County, Texas, operated by Elevation Resources LLC in the Emma (Devonian) field.

1 well

12,547bbl oil, last 12 months−14% vs prior year
RRC lease
08-48199

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
37,759 mcf
Oil in Jun 2026
981 bbl

Production by month

Oil output fell 14% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 1-24 SOUTH UNIT, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 11,531 bbl in the 12 months through Jul 2026, against 13,478 bbl in the 12 months before.Last 12 months: 11,531 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 1-24 SOUTH UNIT, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 11,531 bbl in the 12 months through Jul 2026, against 13,478 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

58% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Apr 2026.

  • Processing plant (3)
  • Flared (4)
58% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 1-24 SOUTH UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 58% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
58% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 1-24 SOUTH UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 58% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    58% · 22,083 mcf

  • Flared (4)

    42% · 15,676 mcf

41.5% of the gas flared in the last 12 months. 28 months above 3%.

1 well on this lease

Wells on UNIVERSITY 1-24 SOUTH UNIT
API numberWell no.Status
42-003-473416HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasBuys100Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers100Jan 1, 2023–
James Lake Midstream LLCCasinghead gasGathers100Apr 1, 2018Jan 1, 2023
James Lake Midstream LLCCasinghead gasBuys100Apr 1, 2018Jan 1, 2023
Eastex Crude CompanyOilGathers95Mar 28, 2020Jan 1, 2023
Sentinel Transportation, LLCOilGathers5Mar 28, 2020Jan 1, 2023
Sentinel Transportation, LLCOilGathers100Apr 1, 2018Mar 28, 2020

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

240.10 acres on the newest permit

Permits for University 1-24 South Unit
API numberWell no.Acreson the permit
42-003-473416H240.10

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 1-24 SOUTH UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed–––––$80.46$2.89
Jun 20269819022,6758501,825$84.81$3.15
May 20269971,0365,77305,773$102.13$2.94
Apr 20261,0221,0294,52304,523$100.32$2.77
Mar 20261,1881,1843,3332,899434$91.38$3.04
Feb 20268991,0612,8042,579225$64.51$3.62
Jan 20261,0881,0482,3572,252105$60.04$7.72
Dec 20251,1669852,8272,75770$57.97$4.26
Nov 20251,0571,1372,5892,50782$60.06$3.79
Oct 20251,1191,1612,6651,783882$60.89$3.19
Sep 20259639072,6981,4361,262$63.96$2.97
Aug 20251,0511,0572,8812,773108$64.86$2.91
Jul 20251,0161,1032,6342,247387$68.39$3.20
Jun 20251,0779452,5001,4831,017$68.17$3.02
May 20251,0391,1392,1378651,272$62.17$3.12
Apr 20251,0609691,6831,383300$63.54$3.42
Mar 20251,1741,1482,0379661,071$68.24$4.12
Feb 20259741,0711,4411,165276$71.53$4.19
Jan 20251,3091,2562,4312,314117$75.74$4.13
Dec 20241,2671,2602,2811,805476$70.12$3.01
Nov 20241,0541,0942,1481,735413$69.95$2.12
Oct 20241,0541,0602,8072,76839$71.99$2.20
Sep 20241,2181,1952,5401,929611$70.24$2.28
Aug 20241,2361,3312,6952,466229$76.68$1.99
Jul 20241,2931,1704,2033,822381$81.80$2.07
Jun 20249771,0202,4642,337127$79.77$2.54
May 20241,2171,1522,0062,0024$80.02$2.12
Apr 20241,0861,0761,9061,84165$85.35$1.60
Mar 20241,1641,1621,9021,9011$81.28$1.49
Feb 20241,0621,0792,0731,897176$77.25$1.72
Jan 20241,1961,3352,3082,3080$74.15$3.18
Dec 20231,2451,1081,9211,89823$71.90$2.52
Nov 20231,2001,1381,5581,50355$77.69$2.71
Oct 20231,1261,1662,3152,189126$85.64$2.98
Sep 20231,0761,1882,0542,01242$89.43$2.64
Aug 20231,4001,4021,7091,466243$81.39$2.58

No report filed 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

Elevation Resources LLC in Andrews County

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