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Texas oil lease

Producing

UNIVERSITY -12-

University -12- is an oil lease in Andrews County, Texas, operated by Tripod Oil and Gas 3 LLC in the Magutex (Devonian) field.

1 well

4,070bbl oil, last 12 months+7% vs prior year
Operator
Tripod Oil and Gas 3 LLC
County
Andrews County
Field
Magutex (Devonian)
RRC lease
08-21263

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Where it sits

This county

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

Production by month

Oil output rose 7% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 7% over the last 12 monthsMonthly oil production for UNIVERSITY -12-, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 4,070 bbl in the 12 months through Jul 2026, against 3,802 bbl in the 12 months before.Last 12 months: 4,070 bblbbl per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 7% over the last 12 monthsMonthly oil production for UNIVERSITY -12-, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 4,070 bbl in the 12 months through Jul 2026, against 3,802 bbl in the 12 months before.Last 12 monthsbbl per month0200400600800Jan 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 2 times, most recently in Mar 2024

Operators of this lease over timeAspen Operating Company, L.L.C., Jan 2020 to Apr 2022; Bustamante Oil Company, May 2022 to Feb 2024; Tripod Oil and Gas 3 LLC, Mar 2024 to Jul 20262020202120222023202420252026Changed May 2022Changed Mar 2024Aspen Operating Company, L.L.…Jan 2020 to Apr 2022Bustamante Oil CompanyMay 2022 to Feb 2024Tripod Oil and Gas 3 LLCMar 2024 to now
Operators of this lease over timeAspen Operating Company, L.L.C., Jan 2020 to Apr 2022; Bustamante Oil Company, May 2022 to Feb 2024; Tripod Oil and Gas 3 LLC, Mar 2024 to Jul 20262020202120222023202420252026Changed May 2022Changed Mar 2024Aspen Operating Company, L.L.C.Jan 2020 to Apr 2022Bustamante Oil CompanyMay 2022 to Feb 2024Tripod Oil and Gas 3 LLCMar 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY -12-
API numberWell no.Status
42-003-300401Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100May 1, 2022–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017May 1, 2022
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017May 1, 2022
Sentinel Transportation, LLCOilGathers100Jan 1, 2004May 1, 2022

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

Who buys my oilOil price check

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 -12-
API numberWell no.Acreson the permit
42-003-300401–

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

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36 months, newest first

Ledger for UNIVERSITY -12-
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Tripod Oil444452$80.46$2.89
Jun 2026Tripod Oil413318$84.81$3.15
May 2026Tripod Oil191306$102.13$2.94
Apr 2026Tripod Oil1140$100.32$2.77
Mar 2026Tripod Oil501481$91.38$3.04
Feb 2026Tripod Oil312310$64.51$3.62
Jan 2026Tripod Oil315308$60.04$7.72
Dec 2025Tripod Oil345314$57.97$4.26
Nov 2025Tripod Oil342471$60.06$3.79
Oct 2025Tripod Oil396306$60.89$3.19
Sep 2025Tripod Oil361498$63.96$2.97
Aug 2025Tripod Oil336338$64.86$2.91
Jul 2025Tripod Oil162328$68.39$3.20
Jun 2025Tripod Oil2220$68.17$3.02
May 2025Tripod Oil361333$62.17$3.12
Apr 2025Tripod Oil324335$63.54$3.42
Mar 2025Tripod Oil353333$68.24$4.12
Feb 2025Tripod Oil200340$71.53$4.19
Jan 2025Tripod Oil198347$75.74$4.13
Dec 2024Tripod Oil282353$70.12$3.01
Nov 2024Tripod Oil386337$69.95$2.12
Oct 2024Tripod Oil450494$71.99$2.20
Sep 2024Tripod Oil439480$70.24$2.28
Aug 2024Tripod Oil425335$76.68$1.99
Jul 2024Tripod Oil297292$81.80$2.07
Jun 2024Tripod Oil303330$79.77$2.54
May 2024Tripod Oil290129$80.02$2.12
Apr 2024Tripod Oil386499$85.35$1.60
Mar 2024Tripod Oil200221$81.28$1.49
Feb 2024Bustamante Oil320313$77.25$1.72
Jan 2024Bustamante Oil315320$74.15$3.18
Dec 2023Bustamante Oil150134$71.90$2.52
Nov 2023Bustamante Oil223114$77.69$2.71
Oct 2023Bustamante Oil315289$85.64$2.98
Sep 2023Bustamante Oil405321$89.43$2.64
Aug 2023Bustamante Oil250242$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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This lease belongs to

OperatorTripod Oil and Gas 3 LLCFieldMagutex (Devonian)CountyAndrews County

Tripod Oil and Gas 3 LLC in Andrews County

No other producing leases from this operator in this county are in our data yet.

Magutex (Devonian) field

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