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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 (Penn. 7620) field.

Oil lease dossier

600bbl oil, last 12 months−43% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
Block 31 (Penn. 7620)
RRC lease
08-60018

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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
46 bbl

Production by month

Oil output fell 43% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -36A-, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 600 bbl in the 12 months through Jul 2026, against 1,059 bbl in the 12 months before.Last 12 months: 600 bblbbl per monthmcf per month002505005001,0007501,5001,0002,0001,2502,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -36A-, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 600 bbl in the 12 months through Jul 2026, against 1,059 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505005001,0007501,5001,0002,0001,2502,500Jan 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 once, most recently in Nov 2023

Operators of this lease over timeSlant Operating, LLC, Aug 2023 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 2026202420252026Changed Nov 2023Slant Operating, LLCAug 2023 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeSlant Operating, LLC, Aug 2023 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 2026202420252026Changed Nov 2023Slant Operating, LLCAug 2023 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Eastex Crude Company, LLCOilGathers50Aug 29, 2023
Shell Trading (Us) CompanyOilGathers50Aug 29, 2023
Targa Midstream Services LLCCasinghead gasBuys100Aug 29, 2023
Targa Midstream Services LLCCasinghead gasGathers100Aug 29, 2023

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

Who buys my oilOil price check

80 acres on the newest permit

Check your decimal on this lease
Permits for University -36A-
API numberWell no.Acreson the permit
42-103-33016180

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY -36A-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations465825724413$80.46$2.89
Jun 2026Formentera Operations41442420242$84.81$3.15
May 2026Formentera Operations4027250117133$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 Operations48542292290$60.04$7.72
Dec 2025Formentera Operations61532982980$57.97$4.26
Nov 2025Formentera Operations70792822820$60.06$3.79
Oct 2025Formentera Operations73592562560$60.89$3.19
Sep 2025Formentera Operations58642522520$63.96$2.97
Aug 2025Formentera Operations53612642640$64.86$2.91
Jul 2025Formentera Operations63542592590$68.39$3.20
Jun 2025Formentera Operations74752582580$68.17$3.02
May 2025Formentera Operations65642682680$62.17$3.12
Apr 2025Formentera Operations698125123516$63.54$3.42
Mar 2025Formentera Operations86722112110$68.24$4.12
Feb 2025Formentera Operations84971871870$71.53$4.19
Jan 2025Formentera Operations79762062015$75.74$4.13
Dec 2024Formentera Operations981312052050$70.12$3.01
Nov 2024Formentera Operations109621911892$69.95$2.12
Oct 2024Formentera Operations1029921119714$71.99$2.20
Sep 2024Formentera Operations931122292290$70.24$2.28
Aug 2024Formentera Operations1371502332330$76.68$1.99
Jul 2024Formentera Operations1401832232230$81.80$2.07
Jun 2024Formentera Operations119882012010$79.77$2.54
May 2024Formentera Operations1991932172170$80.02$2.12
Apr 2024Formentera Operations1822181401400$85.35$1.60
Mar 2024Formentera Operations31034489890$81.28$1.49
Feb 2024Formentera Operations29625877770$77.25$1.72
Jan 2024Formentera Operations33334279790$74.15$3.18
Dec 2023Formentera Operations36437774740$71.90$2.52
Nov 2023Formentera Operations34333971710$77.69$2.71
Oct 2023Slant Operating,6316791,5071,46839$85.64$2.98
Sep 2023Slant Operating,1,1991,0891,3741,244130$89.43$2.64
Aug 2023Slant Operating,65331601600$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 (Penn. 7620)CountyCrane County

Formentera Operations LLC in Crane County

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Block 31 (Penn. 7620) field

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New drilling permits in Crane County

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