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Producing

UNIVERSITY 35A

University 35A is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Block 31 (Devonian) field.

3 wells

342bbl oil, last 12 months−6% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Block 31 (Devonian)
RRC lease
08-27237

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
4,392 mcf
Oil in Jul 2026
28 bbl

Production by month

Oil output fell 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 35A, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 342 bbl in the 12 months through Jul 2026, against 363 bbl in the 12 months before.Last 12 months: 342 bblbbl per monthmcf per month0020200404006060080800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 35A, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 342 bbl in the 12 months through Jul 2026, against 363 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020200404006060080800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

72% of the gas went to a transmission line in the last 12 months

Flaring peaked at 82.5% of the gas in Jun 2026.

  • Transmission line (2)
  • Flared (4)
72% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 35A gas by disposition code each month, Aug 2023 to Jul 2026. 72% of the gas went to a transmission line in the last 12 months. Flaring peaked at 82.5% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 82.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
72% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 35A gas by disposition code each month, Aug 2023 to Jul 2026. 72% of the gas went to a transmission line in the last 12 months. Flaring peaked at 82.5% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 82.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    72% · 3,150 mcf

  • Flared (4)

    28% · 1,242 mcf

28.3% of the gas flared in the last 12 months. 14 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Nov 2023

Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Nov 2023Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Nov 2023Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on UNIVERSITY 35A
API numberWell no.Status
42-103-328141Active
42-103-329822Active
42-103-335473Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers80Jan 1, 2023–
Shell Trading (Us) CompanyOilGathers20Jan 1, 2023–
Targa Midstream Services LLCCasinghead gasBuys100Jan 1, 2023–
Targa Midstream Services LLCCasinghead gasGathers100Jan 1, 2023–
Plains Marketing, L.p.OilGathers100Jun 1, 2014Jan 1, 2023
Apache CorporationCasinghead gasGathers100Dec 1, 2010Jul 1, 2021
Apache CorporationCasinghead gasBuys100Dec 1, 2010Jul 1, 2021

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

Who buys my oilOil price check

80 acres on the newest permit

  • 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 35A
API numberWell no.Acreson the permit
42-103-32814180
42-103-33547380
42-103-32982280

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

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36 months, newest first

Ledger for UNIVERSITY 35A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations282334930148$80.46$2.89
Jun 2026Formentera Operations273433859279$84.81$3.15
May 2026Formentera Operations322434299243$102.13$2.94
Apr 2026Formentera Operations233137729087$100.32$2.77
Mar 2026Formentera Operations29284494454$91.38$3.04
Feb 2026Formentera Operations282739037713$64.51$3.62
Jan 2026Formentera Operations30294043986$60.04$7.72
Dec 2025Formentera Operations3230348202146$57.97$4.26
Nov 2025Formentera Operations2830328208120$60.06$3.79
Oct 2025Formentera Operations272531794223$60.89$3.19
Sep 2025Formentera Operations272931725859$63.96$2.97
Aug 2025Formentera Operations312943341914$64.86$2.91
Jul 2025Formentera Operations26264424384$68.39$3.20
Jun 2025Formentera Operations29324494445$68.17$3.02
May 2025Formentera Operations292741936653$62.17$3.12
Apr 2025Formentera Operations3240460324136$63.54$3.42
Mar 2025Formentera Operations38325275270$68.24$4.12
Feb 2025Formentera Operations29255155150$71.53$4.19
Jan 2025Formentera Operations313353652610$75.74$4.13
Dec 2024Formentera Operations3129499314185$70.12$3.01
Nov 2024Formentera Operations29305535449$69.95$2.12
Oct 2024Formentera Operations343365961049$71.99$2.20
Sep 2024Formentera Operations27286996945$70.24$2.28
Aug 2024Formentera Operations28317817810$76.68$1.99
Jul 2024Formentera Operations51555575570$81.80$2.07
Jun 2024Formentera Operations31243733730$79.77$2.54
May 2024Formentera Operations26254424420$80.02$2.12
Apr 2024Formentera Operations37454684680$85.35$1.60
Mar 2024Formentera Operations51474574570$81.28$1.49
Feb 2024Formentera Operations50523613610$77.25$1.72
Jan 2024Formentera Operations48484234230$74.15$3.18
Dec 2023Formentera Operations53474744740$71.90$2.52
Nov 2023Formentera Operations39404374370$77.69$2.71
Oct 2023Slant Operating,61714184180$85.64$2.98
Sep 2023Slant Operating,65644334285$89.43$2.64
Aug 2023Slant Operating,73834344259$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

OperatorFormentera Operations LLCFieldBlock 31 (Devonian)CountyCrane County

Formentera Operations LLC in Crane County

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Block 31 (Devonian) field

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