Skip to content
Royalty Clerk

Texas oil lease

No report in 6+ months

UNIVERSITY 14Q

University 14Q is an oil lease in Andrews County, Texas, operated by Ring Energy, Inc. in the Block A-34 (San Andres) field.

2 wells

11,636bbl oil, last 12 months−42% vs prior year
RRC lease
08-48394

Is your check right?

Check my statement

Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
6,782 mcf
Oil in Dec 2024
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 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 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 14Q, Jan 2022 to Dec 2024. Oil output fell 42% over the last 12 months. 11,636 bbl in the 12 months through Dec 2024, against 20,198 bbl in the 12 months before.Last 12 months: 11,636 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Jan 22AprJulOctJan 23AprJulOctJan 24AprJulOct
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 14Q, Jan 2022 to Dec 2024. Oil output fell 42% over the last 12 months. 11,636 bbl in the 12 months through Dec 2024, against 20,198 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

53% of the gas went to flaring in the last 12 months

Flaring peaked at 91.1% of the gas in May 2024.

  • Processing plant (3)
  • Flared (4)
53% of the gas went to flaring in the last 12 monthsShare of UNIVERSITY 14Q gas by disposition code each month, Jan 2022 to Dec 2024. 53% of the gas went to flaring in the last 12 months. Flaring peaked at 91.1% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 91.1%Jan 22AprJulOctJan 23AprJulOctJan 24AprJulOct
53% of the gas went to flaring in the last 12 monthsShare of UNIVERSITY 14Q gas by disposition code each month, Jan 2022 to Dec 2024. 53% of the gas went to flaring in the last 12 months. Flaring peaked at 91.1% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 91.1%Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    53% · 5,874 mcf

  • Processing plant (3)

    47% · 5,217 mcf

53.0% of the gas flared in the last 12 months. 10 months above 3%.

2 wells on this lease

Wells on UNIVERSITY 14Q
API numberWell no.Status
42-003-474571HActive
42-003-475362HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ngl Crude Logistics, LLCOilGathers100May 6, 2019–
Dcp Operating Company, LPCasinghead gasBuys100Mar 24, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Mar 24, 2017–
Bridger Transportation, LLCOilGathers100Mar 24, 2017May 6, 2019

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

150.50 acres on the newest permit

Permits for University 14Q
API numberWell no.Acreson the permit
42-003-474571H150.50
42-003-475362H150.50

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 14Q
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Dec 202400000$70.12$3.01
Nov 202400000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 202400000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 20241,5121,6591,338354984$81.80$2.07
Jun 20241,9171,9371,160328832$79.77$2.54
May 20241,7841,76792582843$80.02$2.12
Apr 20241,7631,667931149782$85.35$1.60
Mar 20241,8411,838903201702$81.28$1.49
Feb 20241,6111,593925131794$77.25$1.72
Jan 20241,2081,321600429171$74.15$3.18
Dec 20231,8051,84479177813$71.90$2.52
Nov 20231,9941,9541,025772253$77.69$2.71
Oct 20231,7871,7931,0261,01610$85.64$2.98
Sep 20231,6221,599642466176$89.43$2.64
Aug 20231,5031,493825511314$81.39$2.58
Jul 20231,3291,344000$76.07$2.55
Jun 20231,6731,703000$70.25$2.18
May 20231,7851,8345415383$71.58$2.15
Apr 20231,8661,81379177219$79.45$2.16
Mar 20231,7391,754000$73.28$2.31
Feb 20231,5591,556000$76.83$2.38
Jan 20231,5361,483000$78.12$3.27
Dec 20221,3131,389000$76.44$5.53
Nov 20221,2411,226000$84.37$5.45
Oct 20222,2622,160000$87.55$5.66
Sep 2022748826000$84.26$7.88
Aug 20221,7851,795000$93.67$8.81
Jul 20221,8561,870000$101.62$7.28
Jun 20221,5891,579000$114.84$7.70
May 20221,6541,696000$109.55$8.14
Apr 20221,9882,048000$101.78$6.60
Mar 20221,9362,025000$108.50$4.90
Feb 20221,7371,820000$91.64$4.69
Jan 20221,5851,459000$83.22$4.38

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?

Nearby

Ring Energy, Inc. in Andrews County

All Ring Energy, Inc. leases →

Block A-34 (San Andres) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km