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Texas oil lease

Producing

UNIVERSITY "2-14"

University "2-14" is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

2 wells

392bbl oil, last 12 months−51% vs prior year
RRC lease
7C-16445

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
888 mcf
Oil in Jul 2026
1 bbl

Production by month

Oil output fell 51% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for UNIVERSITY "2-14", Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 392 bbl in the 12 months through Jul 2026, against 797 bbl in the 12 months before.Last 12 months: 392 bblbbl per monthmcf per month00505001001,0001501,5002002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for UNIVERSITY "2-14", Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 392 bbl in the 12 months through Jul 2026, against 797 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505001001,0001501,5002002,000Jan 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 last 12 months

Flaring peaked at 100.0% of the gas in Jul 2024.

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY "2-14" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY "2-14" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on UNIVERSITY "2-14"
API numberWell no.Status
42-383-359064Shut-in
42-383-375823Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Rio Energy International, Inc.OilGathers100Sep 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015–
Plains Marketing, L.p.OilGathers100Oct 18, 2007Sep 1, 2025

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

329.70 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 329.7 and 329.85 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 "2-14"
API numberWell no.Acreson the permit
42-383-375823329.70
42-383-359064329.85

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY "2-14"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026118000$80.46$2.89
Jun 202600000$84.81$3.15
May 2026036000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202625591421420$91.38$3.04
Feb 202646731281280$64.51$3.62
Jan 20261702702700$60.04$7.72
Dec 202584552942940$57.97$4.26
Nov 20256639000$60.06$3.79
Oct 2025305020200$60.89$3.19
Sep 2025874234340$63.96$2.97
Aug 20253633000$64.86$2.91
Jul 202590000$68.39$3.20
Jun 20252848000$68.17$3.02
May 20255103863860$62.17$3.12
Apr 20255443353350$63.54$3.42
Mar 2025201331330$68.24$4.12
Feb 2025391094204200$71.53$4.19
Jan 2025701136746740$75.74$4.13
Dec 20243805165160$70.12$3.01
Nov 20241131537237230$69.95$2.12
Oct 20241441581,065750315$71.99$2.20
Sep 20241341741,393763630$70.24$2.28
Aug 2024164151835184651$76.68$1.99
Jul 20241791226510651$81.80$2.07
Jun 20248615272999630$79.77$2.54
May 2024470779128651$80.02$2.12
Apr 20241891531,118488630$85.35$1.60
Mar 20241401941,032570462$81.28$1.49
Feb 20241951564744740$77.25$1.72
Jan 20241411735465460$74.15$3.18
Dec 20231962552242240$71.90$2.52
Nov 20239205705700$77.69$2.71
Oct 202316322000$85.64$2.98
Sep 2023434000$89.43$2.64
Aug 2023616342420$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

Pioneer Natural Res. USA, Inc. in Reagan County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km