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Texas oil lease

Producing

UNIVERSITY 3-14B

University 3-14B is an oil lease in Upton County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

141,951bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-23074

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
241,440 mcf
Oil in Jul 2026
10,482 bbl

Production by month

Oil output fell 82% since May 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 82% since May 2025Monthly oil production and gas for UNIVERSITY 3-14B, May 2025 to Jul 2026. Oil output fell 82% since May 2025. Monthly average of 5,366 bbl in the latest 3 months, against 29,697 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJul 25OctJan 26AprJul
Oil output fell 82% since May 2025Monthly oil production and gas for UNIVERSITY 3-14B, May 2025 to Jul 2026. Oil output fell 82% since May 2025. Monthly average of 5,366 bbl in the latest 3 months, against 29,697 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 3-14B gas by disposition code each month, May 2025 to Jul 2026. 93% 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
93% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 3-14B gas by disposition code each month, May 2025 to Jul 2026. 93% 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)

    93% · 299,915 mcf

  • Lease fuel (1)

    6.8% · 21,864 mcf

  • Flared (4)

    0.0% · 85 mcf

1 well on this lease

Wells on UNIVERSITY 3-14B
API numberWell no.Status
42-461-428842HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100May 10, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 10, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 10, 2025

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

Who buys my oilOil price check

2,640 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 3-14B
API numberWell no.Acreson the permit
42-461-428842H2,640

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

Unit decimal checker

Estimate your royalty

15 months, newest first

Ledger for UNIVERSITY 3-14B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610,48210,42212,44111,2680$80.46$2.89
Jun 2026025000$84.81$3.15
May 20265,6175,63215,77314,5550$102.13$2.94
Apr 20269,5779,60535,67233,2340$100.32$2.77
Mar 202614,00114,03042,33639,9550$91.38$3.04
Feb 202613,05013,01415,51314,0638$64.51$3.62
Jan 202613,04513,05319,99318,3080$60.04$7.72
Dec 202514,36814,33422,09620,3170$57.97$4.26
Nov 20257,3197,34418,88517,4140$60.06$3.79
Oct 202516,04316,0359,3348,6980$60.89$3.19
Sep 202514,33414,3655,3455,0760$63.96$2.97
Aug 202524,11524,11844,05240,5900$64.86$2.91
Jul 202540,59540,60480,42476,43777$68.39$3.20
Jun 202521,78322,08741,18937,801545$68.17$3.02
May 202526,71426,31528,62826,230609$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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