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Texas oil lease

Producing

UNIVERSITY 178B

University 178B is an oil lease in Upton County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

6 wells

28,886bbl oil, last 12 months−30% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-18872

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
118,953 mcf
Oil in Jul 2026
2,295 bbl

Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 178B, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 28,886 bbl in the 12 months through Jul 2026, against 41,475 bbl in the 12 months before.Last 12 months: 28,886 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 178B, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 28,886 bbl in the 12 months through Jul 2026, against 41,475 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2026 the lease's gas goes to lease fuel instead of a processing plant

Flaring peaked at 7.8% of the gas in Aug 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jun 2026 the lease's gas goes to lease fuel instead of a processing plantShare of UNIVERSITY 178B gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 7.8% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2026: plant to fuelFlared 7.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to lease fuel instead of a processing plantShare of UNIVERSITY 178B gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 7.8% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Jun 26: plant to fuelFlared 7.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    67% · 80,081 mcf

  • Lease fuel (1)

    32% · 38,525 mcf

  • Flared (4)

    0.3% · 347 mcf

0.3% of the gas flared in the last 12 months. One month above 3%.

6 wells on this lease

Wells on UNIVERSITY 178B
API numberWell no.Status
42-461-3944417HActive
42-461-3944518HActive
42-461-3944619HActive
42-461-3945114HActive
42-461-3945215HActive
42-461-3945416HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50May 1, 2018
Plains Pipeline L.p.OilGathers50May 1, 2018
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

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

Who buys my oilOil price check

1,319.50 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 1,319.4 and 1,319.5 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 178B
API numberWell no.Acreson the permit
42-461-3944619H1,319.50
42-461-3944417H1,319.50
42-461-3944518H1,319.50
42-461-3945114H1,319.50
42-461-3945215H1,319.50
42-461-3945416H1,319.40

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 178B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,2952,1632,8505950$80.46$2.89
Jun 20264584611,6133320$84.81$3.15
May 20262,1442,09010,3546,6300$102.13$2.94
Apr 20261,4141,4505,1871,7280$100.32$2.77
Mar 20262,0732,11711,2037,6690$91.38$3.04
Feb 20263,7573,73213,1639,605149$64.51$3.62
Jan 20262,4012,3878,0104,006198$60.04$7.72
Dec 20252,9522,97915,14311,7040$57.97$4.26
Nov 20252,7682,78711,3398,1270$60.06$3.79
Oct 20253,1053,11214,84211,0950$60.89$3.19
Sep 20252,9972,9417,5945,2140$63.96$2.97
Aug 20252,5222,48617,65513,3760$64.86$2.91
Jul 20252,3152,37516,20812,5040$68.39$3.20
Jun 20252,2472,23617,88514,1110$68.17$3.02
May 20253,0663,05315,10011,4573$62.17$3.12
Apr 20252,6312,68410,1467,4970$63.54$3.42
Mar 20253,7953,7827,7185,2100$68.24$4.12
Feb 20253,0773,1714,8293,3920$71.53$4.19
Jan 20253,8363,9115,4854,1260$75.74$4.13
Dec 20243,6193,7445,6934,0800$70.12$3.01
Nov 20244,5834,42411,2208,8671$69.95$2.12
Oct 20242,8332,9757,9325,8410$71.99$2.20
Sep 20245,6155,4034,9733,8050$70.24$2.28
Aug 20243,8583,8382,4341,414190$76.68$1.99
Jul 20243,4993,48512,32310,3625$81.80$2.07
Jun 20244,0994,09121,52918,76344$79.77$2.54
May 20243,3113,31817,63414,6496$80.02$2.12
Apr 20243,7133,73313,46411,22960$85.35$1.60
Mar 20243,2873,29511,3099,3190$81.28$1.49
Feb 20243,6983,69312,0329,7961$77.25$1.72
Jan 20243,8713,82721,06817,6680$74.15$3.18
Dec 20233,5853,60514,96212,6110$71.90$2.52
Nov 20234,0784,05212,55410,4090$77.69$2.71
Oct 20233,7353,68818,53415,2340$85.64$2.98
Sep 20233,3783,38517,02213,9000$89.43$2.64
Aug 20233,3703,37215,47212,4790$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

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyUpton County

Pioneer Natural Res. USA, Inc. in Upton County

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Spraberry (Trend Area) field

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