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UNIVERSITY 38B

University 38B is an oil lease in Crane County, Texas, operated by Slant Operating, LLC in the Block 31 (Devonian) field.

1 well

494bbl oil, last 12 months−31% vs prior year
Operator
Slant Operating, LLC
County
Crane County
Field
Block 31 (Devonian)
RRC lease
08-27766

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
2,048 mcf
Oil in Sep 2023
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 38B, Oct 2020 to Sep 2023. Oil output fell 31% over the last 12 months. 494 bbl in the 12 months through Sep 2023, against 721 bbl in the 12 months before.Last 12 months: 494 bblbbl per monthmcf per month00202504050060750801,0001001,250Oct 20Jan 21AprJulOctJan 22AprJulOctJan 23AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 38B, Oct 2020 to Sep 2023. Oil output fell 31% over the last 12 months. 494 bbl in the 12 months through Sep 2023, against 721 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00202504050060750801,0001001,250Jan 21JulJan 22JulJan 23Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2021 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 10.9% of the gas in Jun 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2021 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 38B gas by disposition code each month, Oct 2020 to Sep 2023. Since Jul 2021 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 10.9% of the gas in Jun 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2021: plant to lineFlared 10.9%Oct 20Jan 21AprJulOctJan 22AprJulOctJan 23AprJul
Since Jul 2021 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 38B gas by disposition code each month, Oct 2020 to Sep 2023. Since Jul 2021 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 10.9% of the gas in Jun 2023.Share of gas by disposition code0%50%100%Jul 21: plant to lineFlared 10.9%Jan 21JulJan 22JulJan 23Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 2,586 mcf

  • Flared (4)

    1.4% · 38 mcf

1.4% of the gas flared in the last 12 months. 5 months above 3%.

Who has run this lease

The operator changed once, most recently in Jul 2021

Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Sep 20232020202120222023Changed Jul 2021Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to now
Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Sep 20232020202120222023Changed Jul 2021Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY 38B
API numberWell no.Status
42-103-329971Active

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

160 acres on the newest permit

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Permits for University 38B
API numberWell no.Acreson the permit
42-103-329971160

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

Unit decimal checker

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36 months, newest first

Ledger for UNIVERSITY 38B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Sep 2023Slant Operating,00000$89.43$2.64
Aug 2023Slant Operating,00000$81.39$2.58
Jul 2023Slant Operating,52015150$76.07$2.55
Jun 2023Slant Operating,484113812315$70.25$2.18
May 2023Slant Operating,54591501500$71.58$2.15
Apr 2023Slant Operating,51531621620$79.45$2.16
Mar 2023Slant Operating,51472422420$73.28$2.31
Feb 2023Slant Operating,51522362360$76.83$2.38
Jan 2023Slant Operating,556125224210$78.12$3.27
Dec 2022Slant Operating,53482882880$76.44$5.53
Nov 2022Slant Operating,646427626313$84.37$5.45
Oct 2022Slant Operating,62622892890$87.55$5.66
Sep 2022Slant Operating,67622872870$84.26$7.88
Aug 2022Slant Operating,62602892890$93.67$8.81
Jul 2022Slant Operating,61682862860$101.62$7.28
Jun 2022Slant Operating,595329928613$114.84$7.70
May 2022Slant Operating,59663593590$109.55$8.14
Apr 2022Slant Operating,60533433358$101.78$6.60
Mar 2022Slant Operating,61663093090$108.50$4.90
Feb 2022Slant Operating,57602862860$91.64$4.69
Jan 2022Slant Operating,605730127724$83.22$4.38
Dec 2021Slant Operating,56532992990$71.71$3.76
Nov 2021Slant Operating,63653203200$79.15$5.05
Oct 2021Slant Operating,56452792790$81.48$5.51
Sep 2021Slant Operating,00000$71.65$5.16
Aug 2021Slant Operating,00000$67.73$4.07
Jul 2021Slant Operating,771071070$72.49$3.84
Jun 2021Apache Corporation00000$71.38$3.26
May 2021Apache Corporation00000$65.17$2.91
Apr 2021Apache Corporation014000$61.72$2.66
Mar 2021Apache Corporation47476426420$62.33$2.62
Feb 2021Apache Corporation43437817760$59.04$5.35
Jan 2021Apache Corporation47626916870$52.00$2.71
Dec 2020Apache Corporation59621,0241,0180$47.02$2.58
Nov 2020Apache Corporation63629989920$40.94$2.61
Oct 2020Apache Corporation83729529460$39.40$2.39

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

OperatorSlant Operating, LLCFieldBlock 31 (Devonian)CountyCrane County

Slant Operating, LLC in Crane County

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Block 31 (Devonian) field

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