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Texas oil lease

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UNIVERSITY -154-

University -154- is an oil lease in Andrews County, Texas, operated by Highmark Energy Operating, LLC in the Shafter Lake (Clear Fork) field.

4 wells

1,097bbl oil, last 12 months+21% vs prior year
Operator
Highmark Energy Operating, LLC
County
Andrews County
Field
Shafter Lake (Clear Fork)
RRC lease
08-10925

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
191 mcf
Oil in Jul 2026
89 bbl

Production by month

Oil output rose 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 21% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -154-, Aug 2023 to Jul 2026. Oil output rose 21% over the last 12 months. 1,097 bbl in the 12 months through Jul 2026, against 909 bbl in the 12 months before.Last 12 months: 1,097 bblbbl per monthmcf per month005050100100150150200200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 21% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -154-, Aug 2023 to Jul 2026. Oil output rose 21% over the last 12 months. 1,097 bbl in the 12 months through Jul 2026, against 909 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200Jan 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 4 months reported

All of the gas went to a processing plant in the 4 months reportedShare of UNIVERSITY -154- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 4 months reported.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 4 months reportedShare of UNIVERSITY -154- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 4 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Mar 2023

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Feb 2023; Highmark Energy Operating, LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Legacy Reserves Operating LPJan 2020 to Feb 2023Highmark Energy Operating, LLCMar 2023 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Feb 2023; Highmark Energy Operating, LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Legacy Reserves Operating LPJan 2020 to Feb 2023Highmark Energy Operating, LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on UNIVERSITY -154-
API numberWell no.Status
42-003-053717Shut-in
42-003-3720021Active
42-003-3790323Shut-in
42-003-3790422Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Oct 1, 2020–
Dorado Oil CompanyOilGathers100Apr 1, 2020Oct 1, 2020
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Apr 1, 2020
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Apr 1, 2020
Enterprise Crude Pipeline LLCOilGathers100May 1, 2010Apr 1, 2020

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

Who buys my oilOil price check

320 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 480 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    10 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for University -154-
API numberWell no.Acreson the permit
42-003-3790323320
42-003-3790422320
42-003-053695320
42-003-3720021320
42-003-0537713480
42-003-053717320
42-003-053662–
42-003-053684–
42-003-053706 U–
42-003-0537511 U–

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

Unit decimal checker

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36 months, newest first

Ledger for UNIVERSITY -154-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Highmark Energy898557570$80.46$2.89
Jun 2026Highmark Energy100103000$84.81$3.15
May 2026Highmark Energy10380000$102.13$2.94
Apr 2026Highmark Energy102105000$100.32$2.77
Mar 2026Highmark Energy9583000$91.38$3.04
Feb 2026Highmark Energy97103000$64.51$3.62
Jan 2026Highmark Energy6667000$60.04$7.72
Dec 2025Highmark Energy1001031341340$57.97$4.26
Nov 2025Highmark Energy9285000$60.06$3.79
Oct 2025Highmark Energy91105000$60.89$3.19
Sep 2025Highmark Energy6266000$63.96$2.97
Aug 2025Highmark Energy10087000$64.86$2.91
Jul 2025Highmark Energy9378000$68.39$3.20
Jun 2025Highmark Energy6490000$68.17$3.02
May 2025Highmark Energy7570000$62.17$3.12
Apr 2025Highmark Energy8985000$63.54$3.42
Mar 2025Highmark Energy6442000$68.24$4.12
Feb 2025Highmark Energy6379000$71.53$4.19
Jan 2025Highmark Energy5439000$75.74$4.13
Dec 2024Highmark Energy8193000$70.12$3.01
Nov 2024Highmark Energy7778000$69.95$2.12
Oct 2024Highmark Energy8180000$71.99$2.20
Sep 2024Highmark Energy808280800$70.24$2.28
Aug 2024Highmark Energy8880550$76.68$1.99
Jul 2024Highmark Energy9588000$81.80$2.07
Jun 2024Highmark Energy161185000$79.77$2.54
May 2024Highmark Energy135111000$80.02$2.12
Apr 2024Highmark Energy00000$85.35$1.60
Mar 2024Highmark Energy016000$81.28$1.49
Feb 2024Highmark Energy00000$77.25$1.72
Jan 2024Highmark Energy00000$74.15$3.18
Dec 2023Highmark Energy160221000$71.90$2.52
Nov 2023Highmark Energy10790000$77.69$2.71
Oct 2023Highmark Energy7595000$85.64$2.98
Sep 2023Highmark Energy7781000$89.43$2.64
Aug 2023Highmark Energy7983000$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

OperatorHighmark Energy Operating, LLCFieldShafter Lake (Clear Fork)CountyAndrews County

Highmark Energy Operating, LLC in Andrews County

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Shafter Lake (Clear Fork) field

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