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Texas oil lease

Producing

UNIVERSITY "12-B"

University "12-B" is an oil lease in Andrews County, Texas, operated by WTG Exploration in the Block 12 field.

1 well

502bbl oil, last 12 months+19% vs prior year
Operator
WTG Exploration
County
Andrews County
Field
Block 12
RRC lease
08-00419

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
1,585 mcf
Oil in Jul 2026
40 bbl

Production by month

Oil output rose 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 19% over the last 12 monthsMonthly oil production and gas for UNIVERSITY "12-B", Aug 2023 to Jul 2026. Oil output rose 19% over the last 12 months. 502 bbl in the 12 months through Jul 2026, against 422 bbl in the 12 months before.Last 12 months: 502 bblbbl per monthmcf per month002050401006015080200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 19% over the last 12 monthsMonthly oil production and gas for UNIVERSITY "12-B", Aug 2023 to Jul 2026. Oil output rose 19% over the last 12 months. 502 bbl in the 12 months through Jul 2026, against 422 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002050401006015080200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY "12-B" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY "12-B" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY "12-B"
API numberWell no.Status
42-003-065814Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Hollyfrontier Ref & Mktg LLCOilGathers100Sep 1, 2011
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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-B"
API numberWell no.Acreson the permit
42-003-065814–

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

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36 months, newest first

Ledger for UNIVERSITY "12-B"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202640431451450$80.46$2.89
Jun 202636401491490$84.81$3.15
May 202641431251250$102.13$2.94
Apr 202643431181180$100.32$2.77
Mar 202639441541540$91.38$3.04
Feb 202647451271270$64.51$3.62
Jan 202636221101100$60.04$7.72
Dec 202538381211210$57.97$4.26
Nov 202533351191190$60.06$3.79
Oct 202545371331330$60.89$3.19
Sep 202548571391390$63.96$2.97
Aug 202556571451450$64.86$2.91
Jul 202537361421420$68.39$3.20
Jun 202535381491490$68.17$3.02
May 2025363759590$62.17$3.12
Apr 2025443795950$63.54$3.42
Mar 202543361061060$68.24$4.12
Feb 202537391081080$71.53$4.19
Jan 202519201191190$75.74$4.13
Dec 20244957660$70.12$3.01
Nov 202433391051050$69.95$2.12
Oct 202433181491490$71.99$2.20
Sep 202425361451450$70.24$2.28
Aug 202431211521520$76.68$1.99
Jul 202444401341340$81.80$2.07
Jun 202434401601600$79.77$2.54
May 202436391531530$80.02$2.12
Apr 202437411611610$85.35$1.60
Mar 202442411571570$81.28$1.49
Feb 202443411571570$77.25$1.72
Jan 202459631271270$74.15$3.18
Dec 202340411441440$71.90$2.52
Nov 202346431531530$77.69$2.71
Oct 202347431601600$85.64$2.98
Sep 202347411591590$89.43$2.64
Aug 2023616199990$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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Nearby

This lease belongs to

OperatorWTG ExplorationFieldBlock 12CountyAndrews County

WTG Exploration in Andrews County

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Block 12 field

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