Texas oil lease
ProducingUNIVERSITY 12 RE
University 12 Re is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.
Oil lease dossier
- Operator
- Permian Resources Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-20623
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 66,857 mcf
- Oil in Jul 2026
- 1,170 bbl
Production by month
Oil output rose 8% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 33.9% of the gas in Nov 2023.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 65,219 mcf
Flared (4)
2.0% · 1,356 mcf
Lease fuel (1)
0.4% · 282 mcf
2.0% of the gas flared in the last 12 months. 4 months above 3%.
Who has run this lease
The operator changed 3 times, most recently in Nov 2023
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC May 2022 to Oct 2023
- FDL Operating, LLC Feb 2021 to Apr 2022
- Sable Permian Resources, LLC Mar 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Mar 1, 2020 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Mar 1, 2020 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Mar 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,518.75 acres on the newest permit
- Good to know
A pooling certificate (P-12) was filed
Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.
- Good to know
The wells on this lease state different acreage
The permits state between 639.93 and 1,518.75 acres. Use the acres from your own division order for the well you are paid on.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-39357 | 0209HS | Mar 13, 2015 | Dec 16, 2015 | 1,518.75 |
| 42-383-39339 | 1029HS | Feb 19, 2015 | Apr 25, 2015 | 1,199.67 |
| 42-383-38270 | 2HA | Apr 2, 2013 | May 3, 2021 | 639.93 |
| 42-383-37902 | 1HA | Jun 26, 2012 | Mar 22, 2013 | 1,199.67 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 1,170 | 1,035 | 4,668 | 4,623 | 45 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 1,201 | 1,256 | 4,914 | 4,914 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 1,215 | 1,443 | 4,908 | 4,908 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 1,283 | 1,256 | 5,621 | 4,312 | 1,309 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 1,349 | 1,611 | 5,860 | 5,860 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 1,131 | 726 | 5,502 | 5,500 | 2 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 1,346 | 1,460 | 5,590 | 5,590 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,170 | 1,268 | 6,298 | 6,298 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,221 | 1,085 | 5,779 | 5,779 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 1,344 | 1,268 | 6,128 | 6,128 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 1,187 | 1,255 | 5,654 | 5,654 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 1,295 | 1,085 | 5,935 | 5,653 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 1,191 | 1,260 | 5,016 | 4,630 | 58 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 1,215 | 1,268 | 5,102 | 4,841 | 9 | $68.17 | $3.02 |
| May 2025Permian Resources | 1,173 | 903 | 2,986 | 2,509 | 309 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 961 | 1,277 | 3,745 | 3,524 | 38 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 1,010 | 742 | 4,842 | 4,592 | 66 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 937 | 1,121 | 4,309 | 4,309 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 1,226 | 1,326 | 5,739 | 5,734 | 5 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 1,196 | 1,108 | 5,878 | 5,878 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 1,078 | 1,122 | 5,749 | 5,749 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 1,250 | 1,294 | 6,236 | 6,236 | 0 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 1,201 | 927 | 5,293 | 5,293 | 0 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 1,309 | 1,637 | 6,549 | 6,543 | 6 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 1,087 | 1,072 | 7,256 | 7,189 | 67 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 1,301 | 1,083 | 8,769 | 8,769 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 1,281 | 1,618 | 8,810 | 8,810 | 0 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 1,306 | 1,084 | 8,165 | 8,165 | 0 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 1,598 | 1,635 | 9,933 | 9,929 | 4 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 1,098 | 1,123 | 4,528 | 4,495 | 33 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 969 | 737 | 3,817 | 3,792 | 25 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 1,421 | 1,652 | 8,680 | 8,680 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 1,407 | 1,464 | 8,980 | 5,932 | 3,048 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 1,304 | 1,693 | 8,045 | 7,570 | 475 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 1,141 | 1,479 | 8,613 | 8,577 | 36 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 1,407 | 736 | 9,611 | 9,437 | 174 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reagan County
- TUCKER RE 1 194 ALLOC 06
8,296 bbl
- CHAR 46-9 A
6,161 bbl
- RCR 180-197 ALLOC 07
10,329 bbl
- TSRH WEST 19-20 A
12,574 bbl
- UNIVERSITY UNIT 1 RE 10 4
15,154 bbl
- WTG 5-233 A
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- BLOXOM SOUTH 210-219 ALLOC 02
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- MALONE WEST 4-5 B
8,874 bbl
- TSRH WEST 19-20 C
8,075 bbl
- SINCLAIR 8C
5,431 bbl
Spraberry (Trend Area) field
- SUGG A 171-173 (ALLOC-H)
6,713 bbl
- UNIVERSITY E2-34D
14,203 bbl
- SUGG B113-114 (ALLOC-C)
7,025 bbl
- TXL STATE U A7
15,026 bbl
- DIVIDE DRAW Z
13,591 bbl
- COWDEN28 UNIT
12,593 bbl
- TXL STATE U A5
14,136 bbl
- RINGO-BIRD 7A
13,214 bbl
- EAGLEHEAD 'A-A3'
9,827 bbl
- TSRH WEST 19-20 A
12,574 bbl
New drilling permits in Reagan County
Newest in the county: this lease has no coordinates.
HILL WEST G 28-35 #4407H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918897 · Sep 25, 2026
HILL WEST G 28-35 #4207H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918898 · Sep 25, 2026
HILL WEST E 28-35 #4605H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918891 · Sep 25, 2026
HILL WEST E 28-35 #4305H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918894 · Sep 25, 2026
HILL WEST C 28-35 #4403H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918888 · Sep 25, 2026