Texas oil lease
ProducingUNIVERSITY 36
University 36 is an oil lease in Andrews County, Texas, operated by Ring Energy, Inc. in the Emma (Connell) field.
Oil lease dossier
- Operator
- Ring Energy, Inc.
- County
- Andrews County
- Field
- Emma (Connell)
- RRC lease
- 08-36879
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 4,251 mcf
- Oil in Jul 2026
- 880 bbl
Checks stopped on this lease?
- Operator
Operator changed: Ring Energy, Inc. took over from Lime Rock Resources IV-A, L.P. in Apr 2025.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output held steady over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Apr 2025 the lease's gas goes to a processing plant instead of a transmission line
Flaring peaked at 63.9% of the gas in Jun 2026.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
80% · 3,588 mcf
Flared (4)
20% · 884 mcf
19.8% of the gas flared in the last 12 months. 9 months above 3%.
Who has run this lease
The operator changed once, most recently in Apr 2025
- Ring Energy, Inc. Apr 2025 to now
- Lime Rock Resources IV-A, L.P. Jan 2020 to Mar 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Sentinel Transportation, LLC | Oil | Gathers | 100 | Sep 1, 2026 | – |
| Dcp Operating Company, LP | Casinghead gas | Buys | 51 | Apr 1, 2025 | – |
| James Lake Midstream LLC | Casinghead gas | Buys | 49 | Apr 1, 2025 | – |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 51 | Apr 1, 2025 | – |
| James Lake Midstream LLC | Casinghead gas | Gathers | 49 | Apr 1, 2025 | – |
| Energy Trans Crude Marketing LLC | Oil | Gathers | 100 | Jul 1, 2022 | Sep 1, 2026 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 50 | Jul 1, 2022 | Apr 1, 2025 |
| James Lake Midstream LLC | Casinghead gas | Gathers | 50 | Jul 1, 2022 | Apr 1, 2025 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 50 | Jul 1, 2022 | Apr 1, 2025 |
| James Lake Midstream LLC | Casinghead gas | Buys | 50 | Jul 1, 2022 | Apr 1, 2025 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 | Jul 1, 2022 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
320 acres on the newest permit
- Good to know
The wells on this lease state different acreage
The permits state between 165 and 330 acres. Use the acres from your own division order for the well you are paid on.
- 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-003-06550 | 6 | Apr 10, 2003 | Nov 20, 2002 | 320 |
| 42-003-06527 | 1 | Jan 24, 2002 | Apr 10, 1954 | 330 |
| 42-003-06567 | 7 | Jan 17, 2002 | Jun 7, 2002 | 330 |
| 42-003-06613 | 3 | Nov 6, 2001 | Nov 10, 1986 | 165 |
What Ring Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $95.45 | −$5.20 | $9.96 | SEC filing |
| Q1 2026 | $68.97 | −$2.54 | $4.96 | SEC filing |
| Q4 2025 | $57.47 | −$2.49 | $5.29 | SEC filing |
| Q3 2025 | $64.32 | −$1.22 | $5.22 | SEC filing |
| Q2 2025 | $62.69 | −$1.31 | $6.19 | SEC filing |
| Q1 2025 | $70.40 | −$0.19 | $9.65 | SEC filing |
SourceRing Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Ring Energy, | 880 | 882 | 543 | 334 | 209 | $80.46 | $2.89 |
| Jun 2026Ring Energy, | 850 | 1,045 | 391 | 141 | 250 | $84.81 | $3.15 |
| May 2026Ring Energy, | 865 | 731 | 659 | 374 | 285 | $102.13 | $2.94 |
| Apr 2026Ring Energy, | 769 | 892 | 344 | 209 | 135 | $100.32 | $2.77 |
| Mar 2026Ring Energy, | 773 | 734 | 375 | 375 | 0 | $91.38 | $3.04 |
| Feb 2026Ring Energy, | 703 | 536 | 389 | 389 | 0 | $64.51 | $3.62 |
| Jan 2026Ring Energy, | 792 | 748 | 416 | 416 | 0 | $60.04 | $7.72 |
| Dec 2025Ring Energy, | 801 | 1,101 | 427 | 427 | 0 | $57.97 | $4.26 |
| Nov 2025Ring Energy, | 714 | 753 | 429 | 429 | 0 | $60.06 | $3.79 |
| Oct 2025Ring Energy, | 256 | 0 | 206 | 206 | 0 | $60.89 | $3.19 |
| Sep 2025Ring Energy, | 0 | 0 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Ring Energy, | 167 | 184 | 72 | 67 | 5 | $64.86 | $2.91 |
| Jul 2025Ring Energy, | 535 | 735 | 221 | 221 | 0 | $68.39 | $3.20 |
| Jun 2025Ring Energy, | 499 | 365 | 241 | 241 | 0 | $68.17 | $3.02 |
| May 2025Ring Energy, | 559 | 551 | 289 | 289 | 0 | $62.17 | $3.12 |
| Apr 2025Ring Energy, | 519 | 550 | 245 | 245 | 0 | $63.54 | $3.42 |
| Mar 2025Lime Rock | 610 | 560 | 178 | 173 | 5 | $68.24 | $4.12 |
| Feb 2025Lime Rock | 580 | 541 | 178 | 170 | 8 | $71.53 | $4.19 |
| Jan 2025Lime Rock | 627 | 749 | 239 | 162 | 77 | $75.74 | $4.13 |
| Dec 2024Lime Rock | 645 | 578 | 306 | 297 | 9 | $70.12 | $3.01 |
| Nov 2024Lime Rock | 632 | 755 | 311 | 311 | 0 | $69.95 | $2.12 |
| Oct 2024Lime Rock | 709 | 567 | 354 | 348 | 6 | $71.99 | $2.20 |
| Sep 2024Lime Rock | 683 | 772 | 355 | 347 | 8 | $70.24 | $2.28 |
| Aug 2024Lime Rock | 768 | 759 | 428 | 428 | 0 | $76.68 | $1.99 |
| Jul 2024Lime Rock | 837 | 929 | 457 | 457 | 0 | $81.80 | $2.07 |
| Jun 2024Lime Rock | 852 | 710 | 431 | 431 | 0 | $79.77 | $2.54 |
| May 2024Lime Rock | 1,033 | 1,300 | 475 | 475 | 0 | $80.02 | $2.12 |
| Apr 2024Lime Rock | 1,203 | 931 | 445 | 445 | 0 | $85.35 | $1.60 |
| Mar 2024Lime Rock | 1,200 | 1,128 | 483 | 483 | 0 | $81.28 | $1.49 |
| Feb 2024Lime Rock | 1,185 | 1,307 | 454 | 454 | 0 | $77.25 | $1.72 |
| Jan 2024Lime Rock | 1,079 | 1,146 | 490 | 488 | 2 | $74.15 | $3.18 |
| Dec 2023Lime Rock | 1,168 | 1,095 | 516 | 497 | 19 | $71.90 | $2.52 |
| Nov 2023Lime Rock | 1,205 | 1,322 | 531 | 531 | 0 | $77.69 | $2.71 |
| Oct 2023Lime Rock | 1,201 | 1,118 | 579 | 579 | 0 | $85.64 | $2.98 |
| Sep 2023Lime Rock | 1,173 | 1,117 | 561 | 542 | 19 | $89.43 | $2.64 |
| Aug 2023Lime Rock | 1,319 | 1,491 | 645 | 645 | 0 | $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.
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
Ring Energy, Inc. in Andrews County
- JAFFREY
8,271 bbl
- VESTA
8,074 bbl
- VOLTURNUS
7,944 bbl
- FEBRUUS
7,512 bbl
- FAUNA
6,991 bbl
- UNIVERSITY 26
7,158 bbl
- ZETAS
6,870 bbl
- FISHER 76B
6,562 bbl
- CERES
6,647 bbl
- FORTUNA
6,437 bbl
Emma (Connell) field
No other producing leases in this field are in our data yet.
New drilling permits in Andrews County
Newest in the county: this lease has no coordinates.
FEE 'BJ' #222WB
new drill · horizontal · Fasken Oil and Ranch, Ltd. · Andrews County
Permit 0918924 · Sep 29, 2026
FEE 'BJ' #221WA
new drill · horizontal · Fasken Oil and Ranch, Ltd. · Andrews County
Permit 0918923 · Sep 29, 2026
FEE 'BJ' #220DN
new drill · horizontal · Fasken Oil and Ranch, Ltd. · Andrews County
Permit 0918922 · Sep 29, 2026
FEE 'BJ' #219LS
new drill · horizontal · Fasken Oil and Ranch, Ltd. · Andrews County
Permit 0918921 · Sep 29, 2026
FEE 'BJ' #218JM
new drill · horizontal · Fasken Oil and Ranch, Ltd. · Andrews County
Permit 0918920 · Sep 29, 2026