Texas oil lease
Shut inUNIVERSITY 35-20
University 35-20 is an oil lease in Winkler County, Texas, operated by Crescent Energy Operating, LLC in the Two Georges (Bone Spring) field.
1 well
- Operator
- Crescent Energy Operating, LLC
- County
- Winkler County
- RRC lease
- 08-43500
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 1,852 mcf
- Oil in Jun 2026
- 0 bbl
Checks stopped on this lease?
- Operator
Operator changed: Crescent Energy Operating, LLC took over from Vital Energy, Inc. in Jan 2026.
- Sales
No sales reported for the last 9 months of state data (through Jul 2026).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 91% over the last 12 months
Jul 2026 was not reported.
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Sep 2024 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 100.0% of the gas in Oct 2025.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
86% · 8,359 mcf
Flared (4)
14% · 1,334 mcf
13.8% of the gas flared in the last 12 months. 4 months above 3%.
Who has run this lease
The operator changed 3 times, most recently in Jan 2026
- Crescent Energy Operating, LLC Jan 2026 to Jun 2026
- Vital Energy, Inc. Sep 2024 to Dec 2025
- Point Energy Partners Petro, LLC Apr 2023 to Aug 2024
- Diamondback E&P LLC Jan 2020 to Mar 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-495-33396 | 1H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 100 | Aug 1, 2023 | – |
| Energy Transfer Company | Casinghead gas | Buys | 50 | Aug 1, 2023 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 50 | Aug 1, 2023 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 50 | Aug 1, 2023 | – |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 50 | Aug 1, 2023 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Nov 1, 2015 | Aug 1, 2023 |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Nov 1, 2015 | Aug 1, 2023 |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Mar 28, 2012 | Aug 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What Crescent Energy Company told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q1 2026 | $71.00 | $2.37 | $18.05 | SEC filing |
| Q4 2025 | $62.21 | $2.84 | $22.47 | SEC filing |
| Q3 2025 | $63.07 | $2.49 | $22.53 | SEC filing |
| Q2 2025 | $61.47 | $2.71 | $22.59 | SEC filing |
| Q1 2025 | $67.64 | $3.18 | $25.43 | SEC filing |
| Q4 2024 | $67.51 | $2.27 | $23.08 | SEC filing |
SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026No report | – | – | – | – | – | $80.46 | $2.89 |
| Jun 2026Crescent Energy | 0 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Crescent Energy | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Crescent Energy | 0 | 0 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Crescent Energy | 0 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Crescent Energy | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Crescent Energy | 0 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Vital Energy, | 0 | 0 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Vital Energy, | 0 | 0 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Vital Energy, | 0 | 11 | 1 | 0 | 1 | $60.89 | $3.19 |
| Sep 2025Vital Energy, | 68 | 116 | 170 | 169 | 1 | $63.96 | $2.97 |
| Aug 2025Vital Energy, | 210 | 167 | 803 | 801 | 2 | $64.86 | $2.91 |
| Jul 2025Vital Energy, | 221 | 254 | 878 | 875 | 3 | $68.39 | $3.20 |
| Jun 2025Vital Energy, | 135 | 100 | 1,063 | 1,060 | 3 | $68.17 | $3.02 |
| May 2025Vital Energy, | 22 | 73 | 553 | 552 | 1 | $62.17 | $3.12 |
| Apr 2025Vital Energy, | 277 | 256 | 979 | 977 | 2 | $63.54 | $3.42 |
| Mar 2025Vital Energy, | 303 | 314 | 1,873 | 923 | 950 | $68.24 | $4.12 |
| Feb 2025Vital Energy, | 284 | 310 | 933 | 741 | 192 | $71.53 | $4.19 |
| Jan 2025Vital Energy, | 240 | 259 | 406 | 406 | 0 | $75.74 | $4.13 |
| Dec 2024Vital Energy, | 318 | 279 | 1,143 | 1,143 | 0 | $70.12 | $3.01 |
| Nov 2024Vital Energy, | 312 | 303 | 891 | 712 | 179 | $69.95 | $2.12 |
| Oct 2024Vital Energy, | 282 | 387 | 277 | 277 | 0 | $71.99 | $2.20 |
| Sep 2024Vital Energy, | 0 | 2,776 | 175 | 175 | 0 | $70.24 | $2.28 |
| Aug 2024Point Energy | 656 | 0 | 146 | 146 | 0 | $76.68 | $1.99 |
| Jul 2024Point Energy | 516 | 0 | 138 | 138 | 0 | $81.80 | $2.07 |
| Jun 2024Point Energy | 605 | 0 | 110 | 110 | 0 | $79.77 | $2.54 |
| May 2024Point Energy | 459 | 0 | 144 | 144 | 0 | $80.02 | $2.12 |
| Apr 2024Point Energy | 579 | 0 | 136 | 136 | 0 | $85.35 | $1.60 |
| Mar 2024Point Energy | 358 | 357 | 261 | 261 | 0 | $81.28 | $1.49 |
| Feb 2024Point Energy | 1,393 | 1,393 | 290 | 290 | 0 | $77.25 | $1.72 |
| Jan 2024Point Energy | 1,433 | 1,533 | 141 | 141 | 0 | $74.15 | $3.18 |
| Dec 2023Point Energy | 401 | 184 | 143 | 143 | 0 | $71.90 | $2.52 |
| Nov 2023Point Energy | 363 | 363 | 134 | 134 | 0 | $77.69 | $2.71 |
| Oct 2023Point Energy | 546 | 546 | 120 | 120 | 0 | $85.64 | $2.98 |
| Sep 2023Point Energy | 739 | 739 | 0 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Point Energy | 1,407 | 1,407 | 0 | 0 | 0 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Crescent Energy Operating, LLC in Winkler County
- UL 20 STRIPES 38-47
161,084 bbl
- UNIVERSITY 36-20
50,661 bbl
- UNIVERSITY 38-20
14,326 bbl
- UNIVERSITY 35-20
10,749 bbl
- UNIVERSITY 23-20
4,854 bbl
- UNIVERSITY 48-20
242 bbl
Two Georges (Bone Spring) field
- STATE FRANKLIN 67
1,726 bbl
- DICK JAY 92-TTT-B01 WF
1,548 bbl
- WRIGHT 1-22W WRD
1,653 bbl
- UNIVERSITY 19-14 B
1,606 bbl
- HUGHES-TALBOT '27'
1,372 bbl
- STATE 54-6
515 bbl
- UNIVERSITY 17-18
331 bbl
- UNIVERSITY 48-20
242 bbl
- BLUE JACKET "62"
113 bbl
Leases within 10 km
- UNIVERSITY 20-27
0 mcf · 0.8 km
- UNIVERSITY 20 TG UNIT
204,689 bbl · 0.9 km
- UNIVERSITY 20 PW UNIT
510,547 bbl · 0.9 km
- UNIVERSITY 35-20
10,749 bbl · 1.3 km
- UNIVERSITY 20-34
0 mcf · 1.4 km
- UL PITCHFORK B 20-35-26
6,376 bbl · 1.5 km
- UL 20 STRIPES 38-47
161,084 bbl · 1.5 km
- UNIVERSITY 36-20
50,661 bbl · 1.6 km
- UNIVERSITY '26-20'
468 bbl · 1.6 km
- UNIVERSITY 20-26
976 bbl · 1.7 km
Drilling permits within 10 km
UL BIGHORN U 21-31-19 #11HU
new drill · horizontal · Apache Corporation · Winkler County · 4.2 km
Permit 0918972 · Sep 30, 2026
UL BIGHORN X 21-31-19 #14HU
new drill · horizontal · Apache Corporation · Winkler County · 4.3 km
Permit 0918975 · Sep 30, 2026
UL BIGHORN V 21-31-19 #12HU
new drill · horizontal · Apache Corporation · Winkler County · 4.3 km
Permit 0918973 · Sep 30, 2026
UL BIGHORN W 21-31-19 #13HU
new drill · horizontal · Apache Corporation · Winkler County · 4.3 km
Permit 0918974 · Sep 30, 2026
UL BIGHORN Q 21-31-19 #7BS
new drill · horizontal · Apache Corporation · Winkler County · 4.3 km
Permit 0918967 · Sep 30, 2026