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Texas oil lease

Producing

UNIVERSITY 17-23

University 17-23 is an oil lease in Ward County, Texas, operated by Flux Energy, LLC in the Caprito (Delaware Middle) field.

4 wells

3,076bbl oil, last 12 months+22% vs prior year
Operator
Flux Energy, LLC
County
Ward County
Field
Caprito (Delaware Middle)
RRC lease
08-40644

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
1,073 mcf
Oil in Jul 2026
398 bbl

Production by month

Oil output rose 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 17-23, Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 3,076 bbl in the 12 months through Jul 2026, against 2,520 bbl in the 12 months before.Last 12 months: 3,076 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 17-23, Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 3,076 bbl in the 12 months through Jul 2026, against 2,520 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

81% of the gas went to a transmission line in the last 12 months

Flaring peaked at 8.4% of the gas in Oct 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
81% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 17-23 gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a transmission line in the last 12 months. Flaring peaked at 8.4% of the gas in Oct 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
81% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 17-23 gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a transmission line in the last 12 months. Flaring peaked at 8.4% of the gas in Oct 2023.Share of gas by disposition code0%50%100%Flared 8.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    81% · 3,982 mcf

  • Lease fuel (1)

    19% · 907 mcf

Who has run this lease

The operator changed 4 times, most recently in Jan 2024

Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Nov 2021; Contango Resources, Inc., Dec 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Dec 2023; Flux Energy, LLC, Jan 2024 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Dec 2021Changed Jan 2022Changed Jan 2024Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Nov 2021Contango Resources, Inc.Dec 2021 to Dec 2021Contango Resources, LLCJan 2022 to Dec 2023Flux Energy, LLCJan 2024 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Nov 2021; Contango Resources, Inc., Dec 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Dec 2023; Flux Energy, LLC, Jan 2024 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Dec 2021Changed Jan 2022Changed Jan 2024Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Nov 2021Contango Resources, Inc.Dec 2021 to Dec 2021Contango Resources, LLCJan 2022 to Dec 2023Flux Energy, LLCJan 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on UNIVERSITY 17-23
API numberWell no.Status
42-475-355812Shut-in
42-475-355841Active
42-475-356343Shut-in
42-475-356614Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Jan 1, 2024–
Plains Marketing, L.p.OilGathers50Jan 1, 2024–
Energy Transfer CompanyCasinghead gasBuys50Dec 1, 2021–
Targa Midstream Services LLCCasinghead gasBuys50Jan 1, 2024–
Energy Transfer CompanyCasinghead gasGathers50Dec 1, 2021–
Targa Midstream Services LLCCasinghead gasGathers50Dec 1, 2021–
Targa Midstream Services LLCCasinghead gasBuys50Dec 1, 2021Jan 1, 2024
Plains Marketing, L.p.OilGathers100Jul 1, 2016Jan 1, 2024
Energy Transfer CompanyCasinghead gasGathers5Feb 28, 2017Dec 1, 2021
Targa Midstream Services LLCCasinghead gasGathers95Feb 28, 2017Dec 1, 2021
Energy Transfer CompanyCasinghead gasBuys5Feb 28, 2017Dec 1, 2021
Targa Midstream Services LLCCasinghead gasBuys95Feb 28, 2017Dec 1, 2021

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

Who buys my oilOil price check

320.46 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320.46 and 320.5 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for University 17-23
API numberWell no.Acreson the permit
42-475-356614320.46
42-475-356343320.46
42-475-355841320.50
42-475-355812320.50

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 17-23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Flux Energy,398186000$80.46$2.89
Jun 2026Flux Energy,1701773993990$84.81$3.15
May 2026Flux Energy,167170000$102.13$2.94
Apr 2026Flux Energy,478193000$100.32$2.77
Mar 2026Flux Energy,278367000$91.38$3.04
Feb 2026Flux Energy,2080000$64.51$3.62
Jan 2026Flux Energy,176188000$60.04$7.72
Dec 2025Flux Energy,231184000$57.97$4.26
Nov 2025Flux Energy,285181000$60.06$3.79
Oct 2025Flux Energy,225360000$60.89$3.19
Sep 2025Flux Energy,2251941981860$63.96$2.97
Aug 2025Flux Energy,2351834763570$64.86$2.91
Jul 2025Flux Energy,971983062300$68.39$3.20
Jun 2025Flux Energy,1391783242430$68.17$3.02
May 2025Flux Energy,2513615524140$62.17$3.12
Apr 2025Flux Energy,2773895113830$63.54$3.42
Mar 2025Flux Energy,2921815734300$68.24$4.12
Feb 2025Flux Energy,12004653490$71.53$4.19
Jan 2025Flux Energy,1931863353220$75.74$4.13
Dec 2024Flux Energy,2001943162640$70.12$3.01
Nov 2024Flux Energy,2031914344050$69.95$2.12
Oct 2024Flux Energy,2433526746470$71.99$2.20
Sep 2024Flux Energy,2591825995790$70.24$2.28
Aug 2024Flux Energy,2461821,1627120$76.68$1.99
Jul 2024Flux Energy,2243461,1327120$81.80$2.07
Jun 2024Flux Energy,2553501,1967460$79.77$2.54
May 2024Flux Energy,2423481,2457950$80.02$2.12
Apr 2024Flux Energy,22609725670$85.35$1.60
Mar 2024Flux Energy,2781891,2728070$81.28$1.49
Feb 2024Flux Energy,2693551,1787730$77.25$1.72
Jan 2024Flux Energy,2673511,0045390$74.15$3.18
Dec 2023Contango Resources,24201,1987330$71.90$2.52
Nov 2023Contango Resources,2563811,03353845$77.69$2.71
Oct 2023Contango Resources,2583481,07051590$85.64$2.98
Sep 2023Contango Resources,2663721,09659650$89.43$2.64
Aug 2023Contango Resources,2661731,20671625$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.

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Nearby

This lease belongs to

OperatorFlux Energy, LLCFieldCaprito (Delaware Middle)CountyWard County

Flux Energy, LLC in Ward County

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Caprito (Delaware Middle) field

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