Skip to content
Royalty Clerk

Texas oil lease

Producing

UNIVERSITY 1

University 1 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

Oil lease dossier

9,812bbl oil, last 12 months−5% vs prior year
Operator
Permian Resources Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-20619

Is your check right?

Check my statement

Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
11,670 mcf
Oil in Jul 2026
1,376 bbl

Production by month

Oil output fell 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 1, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 9,812 bbl in the 12 months through Jul 2026, against 10,299 bbl in the 12 months before.Last 12 months: 9,812 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 1, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 9,812 bbl in the 12 months through Jul 2026, against 10,299 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

75% of the gas went to a transmission line in the last 12 months

Flaring peaked at 100.0% of the gas in Sep 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
75% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 1 gas by disposition code each month, Aug 2023 to Jul 2026. 75% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
75% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 1 gas by disposition code each month, Aug 2023 to Jul 2026. 75% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    75% · 8,802 mcf

  • Flared (4)

    25% · 2,868 mcf

24.6% of the gas flared in the last 12 months. 11 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.

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%FromUntil
Plains Marketing, L.p.OilGathers100Jun 1, 2022–
Canes Midstream Logistics LLCCasinghead gasBuys100Nov 1, 2023–
Canes Midstream Logistics LLCCasinghead gasGathers100Nov 1, 2023–
Cogent Midstream Logistics, LLCCasinghead gasGathers100Mar 1, 2020Nov 1, 2023
Cogent Midstream Logistics, LLCCasinghead gasBuys100Mar 1, 2020Nov 1, 2023
Shell Trading (Us) CompanyOilGathers100Mar 1, 2020Jun 1, 2022

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

Who buys my oilOil price check

614.34 acres on the newest permit

Check your decimal on this lease
Permits for University 1
API numberWell no.Acreson the permit
42-383-389611102H614.34
42-383-389621101H614.34

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

Unit decimal checker

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 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources1,3761,4438598563$80.46$2.89
Jun 2026Permian Resources2,5372,3291,8221,528294$84.81$3.15
May 2026Permian Resources3833591,172311861$102.13$2.94
Apr 2026Permian Resources4063632,2769031,373$100.32$2.77
Mar 2026Permian Resources4345522322320$91.38$3.04
Feb 2026Permian Resources39936453750829$64.51$3.62
Jan 2026Permian Resources42254985576887$60.04$7.72
Dec 2025Permian Resources5113655095090$57.97$4.26
Nov 2025Permian Resources76690963562312$60.06$3.79
Oct 2025Permian Resources8269261,7381,7380$60.89$3.19
Sep 2025Permian Resources8319085005000$63.96$2.97
Aug 2025Permian Resources921718535326209$64.86$2.91
Jul 2025Permian Resources7667191,83341,829$68.39$3.20
Jun 2025Permian Resources8588361,6942901,404$68.17$3.02
May 2025Permian Resources9251,0933613610$62.17$3.12
Apr 2025Permian Resources8807242832830$63.54$3.42
Mar 2025Permian Resources9271,2433453450$68.24$4.12
Feb 2025Permian Resources8207394014010$71.53$4.19
Jan 2025Permian Resources8861,1128198190$75.74$4.13
Dec 2024Permian Resources8765454284280$70.12$3.01
Nov 2024Permian Resources7419303893890$69.95$2.12
Oct 2024Permian Resources8755596746740$71.99$2.20
Sep 2024Permian Resources8661,0746316310$70.24$2.28
Aug 2024Permian Resources8797056096090$76.68$1.99
Jul 2024Permian Resources9381,0609849840$81.80$2.07
Jun 2024Permian Resources9771,2921,3831,3830$79.77$2.54
May 2024Permian Resources2,1531,7972,5202,5200$80.02$2.12
Apr 2024Permian Resources4763686956950$85.35$1.60
Mar 2024Permian Resources470553000$81.28$1.49
Feb 2024Permian Resources1,0641,287000$77.25$1.72
Jan 2024Permian Resources576549202$74.15$3.18
Dec 2023Permian Resources7531,124000$71.90$2.52
Nov 2023Permian Resources858369000$77.69$2.71
Oct 2023Earthstone Operating,9461,2913423420$85.64$2.98
Sep 2023Earthstone Operating,9355471500150$89.43$2.64
Aug 2023Earthstone Operating,1,0041,06735267285$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorPermian Resources Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

Permian Resources Operating, LLC in Reagan County

All Permian Resources Operating, LLC leases →

Spraberry (Trend Area) field

All leases in this field →

New drilling permits in Reagan County

Newest in the county: this lease has no coordinates.