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Texas oil lease

Producing

UNIVERSITY 3-12C

University 3-12C is an oil lease in Upton County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

172,918bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-22925

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
250,667 mcf
Oil in Jul 2026
11,538 bbl

Production by month

Oil output rose 106% since May 2025

  • Oil (bars)
  • Gas (line)
Oil output rose 106% since May 2025Monthly oil production and gas for UNIVERSITY 3-12C, May 2025 to Jul 2026. Oil output rose 106% since May 2025. Monthly average of 10,973 bbl in the latest 3 months, against 5,336 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40kJul 25OctJan 26AprJul
Oil output rose 106% since May 2025Monthly oil production and gas for UNIVERSITY 3-12C, May 2025 to Jul 2026. Oil output rose 106% since May 2025. Monthly average of 10,973 bbl in the latest 3 months, against 5,336 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
92% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 3-12C gas by disposition code each month, May 2025 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Jul 25OctJan 26AprJul
92% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 3-12C gas by disposition code each month, May 2025 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 230,529 mcf

  • Lease fuel (1)

    8.0% · 20,134 mcf

  • Flared (4)

    0.0% · 4 mcf

1 well on this lease

Wells on UNIVERSITY 3-12C
API numberWell no.Status
42-461-422163HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Dec 10, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Dec 10, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 10, 2024

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

Who buys my oilOil price check

1,332.10 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 3-12C
API numberWell no.Acreson the permit
42-461-422163H1,332.10

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

Unit decimal checker

Estimate your royalty

15 months, newest first

Ledger for UNIVERSITY 3-12C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202611,53811,55035,26731,7350$80.46$2.89
Jun 202610,15710,13034,74631,2850$84.81$3.15
May 202611,22511,22817,08415,8000$102.13$2.94
Apr 202612,77612,78921,20519,8030$100.32$2.77
Mar 202613,69713,71822,43221,2070$91.38$3.04
Feb 202611,68111,6509,6838,8224$64.51$3.62
Jan 202611,84911,88313,01611,9490$60.04$7.72
Dec 202518,97018,96022,42120,6560$57.97$4.26
Nov 202516,50616,48619,54018,1030$60.06$3.79
Oct 202515,96115,97018,10116,6960$60.89$3.19
Sep 202519,18119,17920,75019,2140$63.96$2.97
Aug 202519,37719,31516,42215,2590$64.86$2.91
Jul 20252,5482,5832,3912,2822$68.39$3.20
Jun 20259,1479,17114,09013,848198$68.17$3.02
May 20254,3134,2493,1163,03768$62.17$3.12

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)CountyUpton County

Pioneer Natural Res. USA, Inc. in Upton County

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Spraberry (Trend Area) field

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