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UNIVERSITY 10-22

University 10-22 is an oil lease in Andrews County, Texas, operated by Ring Energy, Inc. in the Fuhrman-Mascho field.

1 well

208bbl oil, last 12 months−61% vs prior year
RRC lease
08-25798

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
87 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Ring Energy, Inc. took over from Lime Rock Resources IV-A, L.P. in Apr 2025.

  • Sales

    No sales reported for the last 9 months of state data (through Jul 2026).

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 61% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 10-22, Aug 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 208 bbl in the 12 months through Jul 2026, against 528 bbl in the 12 months before.Last 12 months: 208 bblbbl per monthmcf per month0020254050607580100100125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 10-22, Aug 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 208 bbl in the 12 months through Jul 2026, against 528 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020254050607580100100125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2025 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 43.9% of the gas in Sep 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Jul 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY 10-22 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 43.9% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2025: line to plantFlared 43.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY 10-22 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 43.9% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Jul 25: line to plantFlared 43.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    80% · 609 mcf

  • Processing plant (3)

    15% · 111 mcf

  • Flared (4)

    5.6% · 43 mcf

5.6% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed once, most recently in Apr 2025

Operators of this lease over timeLime Rock Resources IV-A, L.P., Jan 2020 to Mar 2025; Ring Energy, Inc., Apr 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Lime Rock Resources IV-A, L.P.Jan 2020 to Mar 2025Ring Energy, Inc.Apr 2025 to now
Operators of this lease over timeLime Rock Resources IV-A, L.P., Jan 2020 to Mar 2025; Ring Energy, Inc., Apr 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Lime Rock Resources IV-A, L.P.Jan 2020 to Mar 2025Ring Energy, Inc.Apr 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY 10-22
API numberWell no.Status
42-003-320991Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Sep 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys51Apr 1, 2025–
James Lake Midstream LLCCasinghead gasBuys49Apr 1, 2025–
Dcp Operating Company, LPCasinghead gasGathers51Apr 1, 2025–
James Lake Midstream LLCCasinghead gasGathers49Apr 1, 2025–
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2022Sep 1, 2026
Dcp Operating Company, LPCasinghead gasGathers50Jul 1, 2022Apr 1, 2025
James Lake Midstream LLCCasinghead gasGathers50Jul 1, 2022Apr 1, 2025
Dcp Operating Company, LPCasinghead gasBuys50Jul 1, 2022Apr 1, 2025
James Lake Midstream LLCCasinghead gasBuys50Jul 1, 2022Apr 1, 2025
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2022

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

167 acres on the newest permit

Permits for University 10-22
API numberWell no.Acreson the permit
42-003-320991167

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

What Ring Energy, Inc. told investors it received

Ring Energy, Inc. is linked to Ring Energy, Inc. (REI).
Realized prices reported by Ring Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$95.45SEC filing
Q1 2026$68.97SEC filing
Q4 2025$57.47SEC filing
Q3 2025$64.32SEC filing
Q2 2025$62.69SEC filing
Q1 2025$70.40SEC filing

SourceRing Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 10-22
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ring Energy,00000$80.46$2.89
Jun 2026Ring Energy,00000$84.81$3.15
May 2026Ring Energy,00000$102.13$2.94
Apr 2026Ring Energy,00000$100.32$2.77
Mar 2026Ring Energy,00000$91.38$3.04
Feb 2026Ring Energy,00000$64.51$3.62
Jan 2026Ring Energy,00000$60.04$7.72
Dec 2025Ring Energy,00000$57.97$4.26
Nov 2025Ring Energy,00000$60.06$3.79
Oct 2025Ring Energy,1832770$60.89$3.19
Sep 2025Ring Energy,949034340$63.96$2.97
Aug 2025Ring Energy,969346460$64.86$2.91
Jul 2025Ring Energy,9510324240$68.39$3.20
Jun 2025Ring Energy,9396000$68.17$3.02
May 2025Ring Energy,6955000$62.17$3.12
Apr 2025Ring Energy,3029000$63.54$3.42
Mar 2025Lime Rock3132000$68.24$4.12
Feb 2025Lime Rock2828000$71.53$4.19
Jan 2025Lime Rock3232000$75.74$4.13
Dec 2024Lime Rock3129000$70.12$3.01
Nov 2024Lime Rock2929000$69.95$2.12
Oct 2024Lime Rock3031000$71.99$2.20
Sep 2024Lime Rock3030000$70.24$2.28
Aug 2024Lime Rock3030000$76.68$1.99
Jul 2024Lime Rock3030000$81.80$2.07
Jun 2024Lime Rock2118000$79.77$2.54
May 2024Lime Rock00000$80.02$2.12
Apr 2024Lime Rock162126260$85.35$1.60
Mar 2024Lime Rock616099990$81.28$1.49
Feb 2024Lime Rock586188880$77.25$1.72
Jan 2024Lime Rock555375750$74.15$3.18
Dec 2023Lime Rock616187870$71.90$2.52
Nov 2023Lime Rock606384840$77.69$2.71
Oct 2023Lime Rock656395950$85.64$2.98
Sep 2023Lime Rock6158985543$89.43$2.64
Aug 2023Lime Rock63601041013$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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Ring Energy, Inc. in Andrews County

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