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Texas oil lease

Producing

UNIVERSITY 23-26 B

University 23-26 B is an oil lease in Upton County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.

4 wells

116,803bbl oil, last 12 months
Operator
Civitas Permian Operating, LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-23650

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
371,352 mcf
Oil in Jul 2026
6,607 bbl

Production by month

Oil output fell 68% since Jan 2025

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 68% since Jan 2025Monthly oil production and gas for UNIVERSITY 23-26 B, Jan 2025 to Jul 2026. Oil output fell 68% since Jan 2025. Monthly average of 6,837 bbl in the latest 3 months, against 21,587 bbl in the first 3.Last 12 months: 116,803 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 25AprJulOctJan 26AprJul
Oil output fell 68% since Jan 2025Monthly oil production and gas for UNIVERSITY 23-26 B, Jan 2025 to Jul 2026. Oil output fell 68% since Jan 2025. Monthly average of 6,837 bbl in the latest 3 months, against 21,587 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

Flaring peaked at 6.1% of the gas in Apr 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 23-26 B gas by disposition code each month, Jan 2025 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 6.1% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.1%Jan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 23-26 B gas by disposition code each month, Jan 2025 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 6.1% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 6.1%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 359,371 mcf

  • Flared (4)

    2.2% · 8,013 mcf

  • Lease fuel (1)

    1.1% · 3,968 mcf

2.2% of the gas flared in the last 12 months. 3 months above 3%.

4 wells on this lease

Wells on UNIVERSITY 23-26 B
API numberWell no.Status
42-461-426225AActive
42-461-426286BActive
42-461-426297LActive
42-461-426308LBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Echo Canyon Pipeline, LLCOilGathers100Jan 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jan 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jan 1, 2025

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

Who buys my oilOil price check

1,310.60 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 23-26 B
API numberWell no.Acreson the permit
42-461-426286B1,310.60
42-461-426297L1,310.60
42-461-426308LB1,310.60
42-461-426225A1,310.60

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

Unit decimal checker

What SM Energy Company told investors it received

Civitas Permian Operating, LLC is linked to SM Energy Company (CIVI).
Realized prices reported by SM Energy Company
QuarterOil$ per bblFiling
Q2 2026$96.85SEC filing
Q1 2026$73.69SEC filing
Q3 2025$65.24SEC filing
Q2 2025$63.87SEC filing
Q1 2025$70.90SEC filing
Q4 2024$69.96SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

19 months, newest first

Ledger for UNIVERSITY 23-26 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,6076,58241,79238,4461,956$80.46$2.89
Jun 20265,4885,51548,21545,4901,447$84.81$3.15
May 20268,4158,40059,46056,9811,306$102.13$2.94
Apr 20269,0629,26742,79840,1732,603$100.32$2.77
Mar 202616,55216,49454,34153,622666$91.38$3.04
Feb 202611,14511,05815,30615,2540$64.51$3.62
Jan 20264,9645,0208,4118,37635$60.04$7.72
Dec 202510,02010,07629,57629,5760$57.97$4.26
Nov 20258,6818,6523,9533,9530$60.06$3.79
Oct 20259,3529,29214,21014,2100$60.89$3.19
Sep 202510,58310,67723,93523,9350$63.96$2.97
Aug 202515,93416,00729,35529,3550$64.86$2.91
Jul 202518,20418,18828,31328,3130$68.39$3.20
Jun 202521,45221,45950,12450,1240$68.17$3.02
May 202516,82716,70435,43134,2480$62.17$3.12
Apr 202515,70415,76322,38721,4560$63.54$3.42
Mar 202517,13717,09116,56115,6440$68.24$4.12
Feb 202519,79319,85218,22717,5280$71.53$4.19
Jan 202527,83227,94132,22532,2250$75.74$4.13

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

OperatorCivitas Permian Operating, LLCFieldSpraberry (Trend Area)CountyUpton County

Civitas Permian Operating, LLC in Upton County

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Spraberry (Trend Area) field

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