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Texas oil lease

Producing

UNIVERSITY 3-15B

University 3-15B is an oil lease in Upton County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

19,045bbl oil, last 12 months+20% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-21114

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
118,266 mcf
Oil in Jul 2026
1,319 bbl

Production by month

Oil output rose 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 20% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 3-15B, Aug 2023 to Jul 2026. Oil output rose 20% over the last 12 months. 19,045 bbl in the 12 months through Jul 2026, against 15,912 bbl in the 12 months before.Last 12 months: 19,045 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 20% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 3-15B, Aug 2023 to Jul 2026. Oil output rose 20% over the last 12 months. 19,045 bbl in the 12 months through Jul 2026, against 15,912 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

85% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
85% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 3-15B gas by disposition code each month, Aug 2023 to Jul 2026. 85% 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
85% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 3-15B gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    85% · 100,835 mcf

  • Lease fuel (1)

    15% · 17,327 mcf

  • Flared (4)

    0.1% · 104 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on UNIVERSITY 3-15B
API numberWell no.Status
42-461-40895102HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Jan 13, 2019
Plains Pipeline L.p.OilGathers50Jan 13, 2019
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jan 13, 2019
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jan 13, 2019

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

Who buys my oilOil price check

2,142.40 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.

  • 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 3-15B
API numberWell no.Acreson the permit
42-461-40895102H2,142.40

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 3-15B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,3191,3479,0357,8710$80.46$2.89
Jun 20269569447,1186,1270$84.81$3.15
May 20261,6621,66412,87611,4960$102.13$2.94
Apr 20261,2081,2168,5486,85470$100.32$2.77
Mar 20262,1202,11511,70210,2125$91.38$3.04
Feb 20262,1302,14611,70110,0957$64.51$3.62
Jan 20261,7581,74711,4259,23022$60.04$7.72
Dec 20251,9581,94412,51010,6840$57.97$4.26
Nov 20251,6071,60310,7049,2290$60.06$3.79
Oct 20251,4481,4638,3757,1470$60.89$3.19
Sep 20251,6191,6027,5026,3190$63.96$2.97
Aug 20251,2601,2766,7705,5710$64.86$2.91
Jul 20251,8621,8398,5767,3170$68.39$3.20
Jun 20251,5521,5625,9204,94612$68.17$3.02
May 20251,6981,7007,7606,7250$62.17$3.12
Apr 20251,8781,8667,4666,5280$63.54$3.42
Mar 20251,4891,4766,6605,8740$68.24$4.12
Feb 20251,0019986,7415,9800$71.53$4.19
Jan 20256075981,5211,3310$75.74$4.13
Dec 20243393651,8261,6440$70.12$3.01
Nov 20241,1961,18512,45111,2740$69.95$2.12
Oct 20241,2701,27615,15113,8370$71.99$2.20
Sep 20241,2901,30014,16212,9760$70.24$2.28
Aug 20241,7301,73114,91213,7268$76.68$1.99
Jul 20241,5571,56313,18111,98924$81.80$2.07
Jun 20242,2042,20114,07112,697123$79.77$2.54
May 20241,9131,91015,87414,59338$80.02$2.12
Apr 20242,0112,01413,32812,26466$85.35$1.60
Mar 20242,3692,36814,69413,441186$81.28$1.49
Feb 20242,1852,18713,10412,1581$77.25$1.72
Jan 20242,0332,02814,00613,1070$74.15$3.18
Dec 20232,2902,29312,99912,1970$71.90$2.52
Nov 20232,4462,43412,26111,3490$77.69$2.71
Oct 20232,2122,23112,39711,3960$85.64$2.98
Sep 20232,6762,70216,07314,6340$89.43$2.64
Aug 20232,6582,62416,47215,0710$81.39$2.58

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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