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Texas oil lease

Producing

UNIVERSITY "24"

University "24" is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

107bbl oil, last 12 months+1% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-16574

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Oil in Jul 2026
1 bbl
Reporting since
Jan 2020

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for UNIVERSITY "24", Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 107 bbl in the 12 months through Jul 2026, against 106 bbl in the 12 months before.Last 12 months: 107 bblbbl per monthmcf per month001010020200303004040050500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for UNIVERSITY "24", Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 107 bbl in the 12 months through Jul 2026, against 106 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001010020200303004040050500Jan 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 6 months reported

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

All of the gas went to flaring in the 6 months reportedShare of UNIVERSITY "24" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 6 months reported. Flaring peaked at 100.0% of the gas in Feb 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 flaring in the 6 months reportedShare of UNIVERSITY "24" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 6 months reported. Flaring peaked at 100.0% of the gas in Feb 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.

100.0% of the gas flared in the 6 months reported. 6 months above 3%.

1 well on this lease

Wells on UNIVERSITY "24"
API numberWell no.Status
42-383-3614216Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Rio Energy International, Inc.OilGathers100Oct 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015–
Plains Marketing, L.p.OilGathers100Jun 1, 2008Oct 1, 2025

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

Who buys my oilOil price check

326.25 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 326.25 and 660 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for University "24"
API numberWell no.Acreson the permit
42-383-3614216326.25
42-383-348816660
42-383-323512660

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY "24"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202612000$80.46$2.89
Jun 202627000$84.81$3.15
May 2026614000$102.13$2.94
Apr 2026932000$100.32$2.77
Mar 2026373000$91.38$3.04
Feb 202664000$64.51$3.62
Jan 202645000$60.04$7.72
Dec 202566000$57.97$4.26
Nov 2025820000$60.06$3.79
Oct 2025217000$60.89$3.19
Sep 2025647000$63.96$2.97
Aug 202510000$64.86$2.91
Jul 2025110000$68.39$3.20
Jun 202510000$68.17$3.02
May 202500000$62.17$3.12
Apr 202550000$63.54$3.42
Mar 2025121000$68.24$4.12
Feb 2025410000$71.53$4.19
Jan 202559000$75.74$4.13
Dec 2024820000$70.12$3.01
Nov 2024227000$69.95$2.12
Oct 202454000$71.99$2.20
Sep 202443000$70.24$2.28
Aug 202435000$76.68$1.99
Jul 20247214050405$81.80$2.07
Jun 20241304500450$79.77$2.54
May 202412254650465$80.02$2.12
Apr 20241974500450$85.35$1.60
Mar 20248184650465$81.28$1.49
Feb 2024342267067$77.25$1.72
Jan 2024211000$74.15$3.18
Dec 2023175000$71.90$2.52
Nov 2023510000$77.69$2.71
Oct 202360000$85.64$2.98
Sep 2023614000$89.43$2.64
Aug 202360000$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)CountyReagan County

Pioneer Natural Res. USA, Inc. in Reagan County

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Spraberry (Trend Area) field

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