Texas oil lease

Producing

UNIVERSITY 2-30O

Name: UNIVERSITY 2-30O monthly oil and gas production, Reagan County, Texas
Creator: Texas Railroad Commission

University 2-30O is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

4,126bbl oil, since Jul 2026

Operator: Pioneer Natural Res. USA, Inc.
County: Reagan County
Field: Spraberry (Trend Area)
RRC lease: 7C-23581

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Where it sits

This county

Reagan County

Gas, since Jul 2026: 3,379 mcf
Oil in Jul 2026: 4,126 bbl

First check

Production started July 2026; the first check is due by about November 28, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output over 1 reported month

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the only month reported

Flaring peaked at 3.4% of the gas in Jul 2026.

Processing plant (3)
Lease fuel (1)
Flared (4)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Processing plant (3)
93% · 3,147 mcf
Lease fuel (1)
3.5% · 117 mcf
Flared (4)
3.4% · 115 mcf

3.4% of the gas flared in the only month reported. One month above 3%.

1 well on this lease

Wells on UNIVERSITY 2-30O
API number	Well no.	Status
42-383-42223	115H	Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Plains Marketing, L.p.	Oil	Gathers	50	Feb 4, 2026
Plains Pipeline L.p.	Oil	Gathers	50	Feb 4, 2026
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Buys	100	Feb 4, 2026
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Gathers	100	Feb 4, 2026

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

Who buys my oil Oil price check

989.10 acres on the newest permit

Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease

Permits for University 2-30O
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-383-42223	115H	Nov 24, 2025	Feb 4, 2026	989.10	Horizontal, allocation

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

Unit decimal checker

Estimate your royalty

1 month, newest first

Ledger for UNIVERSITY 2-30O
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	4,126	4,010	3,379	3,147	115	$80.46	$2.89

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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