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UNIVERSITY "3-31"

University "3-31" is an oil lease in Upton County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

5 wells

17,865bbl oil, last 12 months−30% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-16499

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
29,322 mcf
Oil in Jul 2026
1,560 bbl

Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for UNIVERSITY "3-31", Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 17,865 bbl in the 12 months through Jul 2026, against 25,388 bbl in the 12 months before.Last 12 months: 17,865 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for UNIVERSITY "3-31", Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 17,865 bbl in the 12 months through Jul 2026, against 25,388 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

83% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.3% of the gas in May 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
83% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY "3-31" gas by disposition code each month, Aug 2023 to Jul 2026. 83% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.3% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
83% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY "3-31" gas by disposition code each month, Aug 2023 to Jul 2026. 83% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.3% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 4.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 24,457 mcf

  • Lease fuel (1)

    16% · 4,752 mcf

  • Flared (4)

    0.4% · 113 mcf

0.4% of the gas flared in the last 12 months. 2 months above 3%.

5 wells on this lease

Wells on UNIVERSITY "3-31"
API numberWell no.Status
42-461-354621Active
42-461-377224HActive
42-461-378611WSShut-in
42-461-378622WSActive
42-461-380745HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50May 1, 2018
Plains Pipeline L.p.OilGathers50May 1, 2018
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

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

Who buys my oilOil price check

986.20 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 986.2 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for University "3-31"
API numberWell no.Acreson the permit
42-461-380745H986.20
42-461-378611WS986.20
42-461-378622WS986.20
42-461-377224H986.20
42-461-354621320

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

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36 months, newest first

Ledger for UNIVERSITY "3-31"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,5601,5641,3591,2310$80.46$2.89
Jun 20261,6391,6601,3161,1240$84.81$3.15
May 20261,8731,8202,8972,4560$102.13$2.94
Apr 20261,4211,3661,5391,2850$100.32$2.77
Mar 20261,0041,1221,03187017$91.38$3.04
Feb 20261,7391,6182,1941,80637$64.51$3.62
Jan 20268908541,9101,4906$60.04$7.72
Dec 20257877942,3111,8651$57.97$4.26
Nov 20258289401,7371,2501$60.06$3.79
Oct 20251,5911,6293,3632,76013$60.89$3.19
Sep 20252,1032,1374,0463,45436$63.96$2.97
Aug 20252,4302,3715,6194,8662$64.86$2.91
Jul 20252,1002,0685,3594,6282$68.39$3.20
Jun 20251,5721,5834,1823,47387$68.17$3.02
May 20251,8451,8955,4364,462208$62.17$3.12
Apr 20252,1352,1134,4043,8142$63.54$3.42
Mar 20252,2372,2374,4533,79838$68.24$4.12
Feb 20251,9501,9702,6802,25372$71.53$4.19
Jan 20252,1192,1162,7542,31551$75.74$4.13
Dec 20242,1822,3272,9622,54013$70.12$3.01
Nov 20242,2672,1272,8652,4851$69.95$2.12
Oct 20242,4242,4182,9442,5881$71.99$2.20
Sep 20242,2982,2672,2581,97552$70.24$2.28
Aug 20242,2592,2363,3862,97971$76.68$1.99
Jul 20242,0482,0992,4142,15251$81.80$2.07
Jun 20242,5262,5792,6952,44975$79.77$2.54
May 20242,9902,8984,2963,835185$80.02$2.12
Apr 20242,1832,2602,1972,07326$85.35$1.60
Mar 20242,8582,7662,5102,35323$81.28$1.49
Feb 20242,0722,0561,8641,7775$77.25$1.72
Jan 20241,9141,8981,7971,71012$74.15$3.18
Dec 20231,9111,8471,7451,66012$71.90$2.52
Nov 20231,2361,3231,2461,1859$77.69$2.71
Oct 20232,4372,4571,3351,22021$85.64$2.98
Sep 20232,4112,3421,8991,69118$89.43$2.64
Aug 20231,7761,7961,7841,56727$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)CountyUpton County

Pioneer Natural Res. USA, Inc. in Upton County

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Spraberry (Trend Area) field

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