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Texas oil lease

Producing

UNIVERSITY 38 'O'

University 38 'O' is an oil lease in Crockett County, Texas, operated by Sem Operating Company LLC in the Lin (Wolfcamp) field.

2 wells

2,700bbl oil, last 12 months−7% vs prior year
RRC lease
7C-18490

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
144,250 mcf
Oil in Jul 2026
206 bbl

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 38 'O', Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 2,700 bbl in the 12 months through Jul 2026, against 2,895 bbl in the 12 months before.Last 12 months: 2,700 bblbbl per monthmcf per month001005,00020010k30015k40020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 38 'O', Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 2,700 bbl in the 12 months through Jul 2026, against 2,895 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005,00020010k30015k40020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

Flaring peaked at 32.4% of the gas in Sep 2023.

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 38 'O' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 32.4% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 32.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 38 'O' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 32.4% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 32.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 144,242 mcf

  • Flared (4)

    0.0% · 8 mcf

2 wells on this lease

Wells on UNIVERSITY 38 'O'
API numberWell no.Status
42-105-418121501HActive
42-105-418131502HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers100Feb 1, 2019–
Canes Midstream G&p LLCCasinghead gasBuys34Sep 1, 2024–
Dcp Operating Company, LPCasinghead gasBuys33May 1, 2021–
Et Gathering & Processing LLCCasinghead gasBuys33Sep 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers34Sep 1, 2024–
Dcp Operating Company, LPCasinghead gasGathers33May 1, 2021–
Energy Transfer CompanyCasinghead gasGathers33Sep 1, 2024–
Cogent Midstream Westex, LLCCasinghead gasGathers33May 1, 2021Sep 1, 2024
Wtg South Permian Midstream LLCCasinghead gasGathers34May 1, 2021Sep 1, 2024
Cogent Midstream Westex, LLCCasinghead gasBuys33May 1, 2021Sep 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys34May 1, 2021Sep 1, 2024
Cogent Midstream Westex, LLCCasinghead gasGathers14Feb 1, 2019May 1, 2021
Dcp Operating Company, LPCasinghead gasGathers43Apr 1, 2017May 1, 2021

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

1,354.50 acres on the newest permit

Permits for University 38 'O'
API numberWell no.Acreson the permit
42-105-418121501H1,354.50
42-105-418131502H1,354.50

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 38 'O'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202620617111,65511,6550$80.46$2.89
Jun 202619917611,62211,6220$84.81$3.15
May 202622035211,95811,9580$102.13$2.94
Apr 202621418011,57911,5790$100.32$2.77
Mar 202623217612,24412,2440$91.38$3.04
Feb 202622235511,14711,1470$64.51$3.62
Jan 202624218012,15312,1458$60.04$7.72
Dec 202525117712,41712,4170$57.97$4.26
Nov 202523317811,90411,9040$60.06$3.79
Oct 202523936112,44212,4420$60.89$3.19
Sep 202522018512,33312,3330$63.96$2.97
Aug 202522235012,79612,7960$64.86$2.91
Jul 202524817112,53512,5350$68.39$3.20
Jun 202520517411,90511,9050$68.17$3.02
May 202525517312,40312,4030$62.17$3.12
Apr 202522217511,92811,9280$63.54$3.42
Mar 202523635512,52412,5240$68.24$4.12
Feb 202524317611,54311,5430$71.53$4.19
Jan 202523733612,94412,9440$75.74$4.13
Dec 202425817512,92512,9250$70.12$3.01
Nov 202424517511,70011,7000$69.95$2.12
Oct 202429117513,35813,3580$71.99$2.20
Sep 202420452712,31612,3160$70.24$2.28
Aug 202425117412,31612,3160$76.68$1.99
Jul 202426717612,18812,1880$81.80$2.07
Jun 202422135112,22112,2210$79.77$2.54
May 202419617511,73911,7390$80.02$2.12
Apr 202424635212,06012,0600$85.35$1.60
Mar 202426135112,25812,2580$81.28$1.49
Feb 202427835411,59311,5930$77.25$1.72
Jan 202426918412,49912,4990$74.15$3.18
Dec 202328334813,79713,7970$71.90$2.52
Nov 202331727213,56713,55611$77.69$2.71
Oct 202328818415,79115,512279$85.64$2.98
Sep 2023517610,5927,1613,431$89.43$2.64
Aug 20237606,2184,5141,704$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

Sem Operating Company LLC in Crockett County

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