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Texas oil lease

Producing

UNIVERSITY "2"

University "2" is an oil lease in Crockett County, Texas, operated by Otb Operating, LLC in the Farmer (San Andres) field.

5 wells

4,453bbl oil, last 12 months−6% vs prior year
Operator
Otb Operating, LLC
County
Crockett County
Field
Farmer (San Andres)
RRC lease
7C-09505

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
2,813 mcf
Oil in Jul 2026
380 bbl

Production by month

Oil output fell 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for UNIVERSITY "2", Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 4,453 bbl in the 12 months through Jul 2026, against 4,731 bbl in the 12 months before.Last 12 months: 4,453 bblbbl per monthmcf per month00100100200200300300400400500500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for UNIVERSITY "2", Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 4,453 bbl in the 12 months through Jul 2026, against 4,731 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100100200200300300400400500500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of UNIVERSITY "2" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.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 flaring in the last 12 monthsShare of UNIVERSITY "2" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 36 months above 3%.

5 wells on this lease

Wells on UNIVERSITY "2"
API numberWell no.Status
42-105-338961Active
42-105-372603Active
42-105-372612Active
42-105-373704Active
42-105-409885Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dorado Oil CompanyOilGathers100Apr 1, 2014–
Davis Gas Processing, Inc.Casinghead gasGathers100Oct 1, 2008Jan 1, 2020
Davis Gas Processing, Inc.Casinghead gasBuys100Oct 1, 2008Jan 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 344 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"
API numberWell no.Acreson the permit
42-105-409885320
42-105-373704343.80
42-105-372603343.80
42-105-372612343.80
42-105-338961344

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 "2"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263803481960196$80.46$2.89
Jun 20263273503250325$84.81$3.15
May 20263393382100210$102.13$2.94
Apr 20263523552080208$100.32$2.77
Mar 20263653632110211$91.38$3.04
Feb 20263433421800180$64.51$3.62
Jan 20263823552160216$60.04$7.72
Dec 20253893571700170$57.97$4.26
Nov 20253865202900290$60.06$3.79
Oct 20254153412650265$60.89$3.19
Sep 20253623362590259$63.96$2.97
Aug 20254135082830283$64.86$2.91
Jul 20253553402570257$68.39$3.20
Jun 20253173542630263$68.17$3.02
May 20253983442880288$62.17$3.12
Apr 20254195162800280$63.54$3.42
Mar 20254263422810281$68.24$4.12
Feb 20254404991860186$71.53$4.19
Jan 20254083481970197$75.74$4.13
Dec 20243453452250225$70.12$3.01
Nov 20243655112340234$69.95$2.12
Oct 20244333562550255$71.99$2.20
Sep 20243963412350235$70.24$2.28
Aug 20244295112220222$76.68$1.99
Jul 20243413302400240$81.80$2.07
Jun 20243933402750275$79.77$2.54
May 20244055152790279$80.02$2.12
Apr 20243923312500250$85.35$1.60
Mar 20244033492820282$81.28$1.49
Feb 20243823422410241$77.25$1.72
Jan 20243403262490249$74.15$3.18
Dec 20232873512420242$71.90$2.52
Nov 20233823532710271$77.69$2.71
Oct 20234125273630363$85.64$2.98
Sep 20233471723090309$89.43$2.64
Aug 20233705103940394$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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This lease belongs to

OperatorOtb Operating, LLCFieldFarmer (San Andres)CountyCrockett County

Otb Operating, LLC in Crockett County

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Farmer (San Andres) field

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