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Texas oil lease

Producing

UNIVERSITY 24 UNIT

University 24 Unit is an oil lease in Andrews County, Texas, operated by Elevation Resources LLC in the Emma (Devonian) field.

2 wells

5,923bbl oil, last 12 months−35% vs prior year
Operator
Elevation Resources LLC
County
Andrews County
Field
Emma (Devonian)
RRC lease
08-46846

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
81,381 mcf
Oil in Jun 2026
299 bbl

Production by month

Oil output fell 35% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 24 UNIT, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 5,241 bbl in the 12 months through Jul 2026, against 8,057 bbl in the 12 months before.Last 12 months: 5,241 bblbbl per monthmcf per month002505,00050010k75015k1,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 24 UNIT, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 5,241 bbl in the 12 months through Jul 2026, against 8,057 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505,00050010k75015k1,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

60% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Apr 2026.

  • Processing plant (3)
  • Flared (4)
60% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 24 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 60% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
60% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 24 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 60% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    60% · 48,612 mcf

  • Flared (4)

    40% · 32,769 mcf

40.3% of the gas flared in the last 12 months. 30 months above 3%.

2 wells on this lease

Wells on UNIVERSITY 24 UNIT
API numberWell no.Status
42-003-470001HShut-in
42-003-470162HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasBuys100Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers100Jan 1, 2023–
James Lake Midstream LLCCasinghead gasGathers100Apr 1, 2018Jan 1, 2023
James Lake Midstream LLCCasinghead gasBuys100Apr 1, 2018Jan 1, 2023
Eastex Crude CompanyOilGathers95Mar 28, 2020Jan 1, 2023
Sentinel Transportation, LLCOilGathers5Mar 28, 2020Jan 1, 2023
Sentinel Transportation, LLCOilGathers100Apr 1, 2018Mar 28, 2020

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

Who buys my oilOil price check

970.55 acres on the newest permit

Check your decimal on this lease
Permits for University 24 Unit
API numberWell no.Acreson the permit
42-003-470162H970.55
42-003-470001H970.55

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

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36 months, newest first

Ledger for UNIVERSITY 24 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed–––––$80.46$2.89
Jun 20262992865,3311,6953,636$84.81$3.15
May 202640641412,679012,679$102.13$2.94
Apr 20263593737,87307,873$100.32$2.77
Mar 20265035026,0195,234785$91.38$3.04
Feb 20263865005,8875,415472$64.51$3.62
Jan 20266215765,1434,914229$60.04$7.72
Dec 20255724785,4065,272134$57.97$4.26
Nov 20254564976,1315,936195$60.06$3.79
Oct 20255265346,0724,0632,009$60.89$3.19
Sep 20254004875,6272,9952,632$63.96$2.97
Aug 20257136628,1137,698415$64.86$2.91
Jul 20256827187,1005,3901,710$68.39$3.20
Jun 20256425896,4893,8492,640$68.17$3.02
May 20257047745,5212,2353,286$62.17$3.12
Apr 20257336515,6674,6571,010$63.54$3.42
Mar 202565263815,6482,42313,225$68.24$4.12
Feb 20255926114,4843,1071,377$71.53$4.19
Jan 20255076136,0614,9391,122$75.74$4.13
Dec 20248988237,5584,4073,151$70.12$3.01
Nov 20248899067,9825,0152,967$69.95$2.12
Oct 20248167288,3078,180127$71.99$2.20
Sep 20243283556,4334,9121,521$70.24$2.28
Aug 20246145878,4717,625846$76.68$1.99
Jul 20242732888,9477,9461,001$81.80$2.07
Jun 20244164767,5287,153375$79.77$2.54
May 20246536278,5038,348155$80.02$2.12
Apr 20246947088,8218,284537$85.35$1.60
Mar 20248889049,1538,966187$81.28$1.49
Feb 20248167798,2987,618680$77.25$1.72
Jan 20247368647,8737,85320$74.15$3.18
Dec 202398586110,37110,055316$71.90$2.52
Nov 20238788377,2696,918351$77.69$2.71
Oct 202368771611,43710,4091,028$85.64$2.98
Sep 20236236909,0538,611442$89.43$2.64
Aug 20238408208,3856,7501,635$81.39$2.58

No report filed 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

OperatorElevation Resources LLCFieldEmma (Devonian)CountyAndrews County

Elevation Resources LLC in Andrews County

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Emma (Devonian) field

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