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Producing

UNIVERSITY -36A-

University -36A- is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Block 31 (Devonian) field.

2 wells

459bbl oil, last 12 months−8% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Block 31 (Devonian)
RRC lease
08-27803

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
3,045 mcf
Oil in Jul 2026
54 bbl

Production by month

Oil output fell 8% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -36A-, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 459 bbl in the 12 months through Jul 2026, against 500 bbl in the 12 months before.Last 12 months: 459 bblbbl per monthmcf per month0020500401,000601,500802,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -36A-, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 459 bbl in the 12 months through Jul 2026, against 500 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020500401,000601,500802,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

84% of the gas went to a transmission line in the last 12 months

Flaring peaked at 100.0% of the gas in Jun 2026.

  • Transmission line (2)
  • Flared (4)
84% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY -36A- gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
84% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY -36A- gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    84% · 2,567 mcf

  • Flared (4)

    16% · 478 mcf

15.7% of the gas flared in the last 12 months. 7 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.

2 wells on this lease

Wells on UNIVERSITY -36A-
API numberWell no.Status
42-103-330161Active
42-103-330872Active

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.OilGathers100Nov 1, 2011Jan 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).

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80 acres on the newest permit

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Permits for University -36A-
API numberWell no.Acreson the permit
42-103-33016180
42-103-33087280

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

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36 months, newest first

Ledger for UNIVERSITY -36A-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations546225724413$80.46$2.89
Jun 2026Formentera Operations50572420242$84.81$3.15
May 2026Formentera Operations4627250117133$102.13$2.94
Apr 2026Formentera Operations404223815088$100.32$2.77
Mar 2026Formentera Operations36372542522$91.38$3.04
Feb 2026Formentera Operations34362232230$64.51$3.62
Jan 2026Formentera Operations39372292290$60.04$7.72
Dec 2025Formentera Operations36262982980$57.97$4.26
Nov 2025Formentera Operations31382822820$60.06$3.79
Oct 2025Formentera Operations37302562560$60.89$3.19
Sep 2025Formentera Operations29322522520$63.96$2.97
Aug 2025Formentera Operations27312642640$64.86$2.91
Jul 2025Formentera Operations29252592590$68.39$3.20
Jun 2025Formentera Operations47502582580$68.17$3.02
May 2025Formentera Operations62672682680$62.17$3.12
Apr 2025Formentera Operations676925624016$63.54$3.42
Mar 2025Formentera Operations58482642640$68.24$4.12
Feb 2025Formentera Operations55642332330$71.53$4.19
Jan 2025Formentera Operations47362492445$75.74$4.13
Dec 2024Formentera Operations25331901900$70.12$3.01
Nov 2024Formentera Operations28161771752$69.95$2.12
Oct 2024Formentera Operations252519618313$71.99$2.20
Sep 2024Formentera Operations24273443440$70.24$2.28
Aug 2024Formentera Operations33374024020$76.68$1.99
Jul 2024Formentera Operations28314624620$81.80$2.07
Jun 2024Formentera Operations18133663660$79.77$2.54
May 2024Formentera Operations27255055050$80.02$2.12
Apr 2024Formentera Operations22214724720$85.35$1.60
Mar 2024Formentera Operations17194474470$81.28$1.49
Feb 2024Formentera Operations16143833830$77.25$1.72
Jan 2024Formentera Operations18193933930$74.15$3.18
Dec 2023Formentera Operations21213723720$71.90$2.52
Nov 2023Formentera Operations20193573570$77.69$2.71
Oct 2023Slant Operating,14133213147$85.64$2.98
Sep 2023Slant Operating,131238335924$89.43$2.64
Aug 2023Slant Operating,22501,2541,23024$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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