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Texas oil lease

Producing

UNIVERSITY 43-14

University 43-14 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

Oil lease dossier

6,787bbl oil, last 12 months−34% vs prior year
RRC lease
7C-20626

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
487,587 mcf
Oil in Jul 2026
1,021 bbl

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 43-14, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 6,787 bbl in the 12 months through Jul 2026, against 10,267 bbl in the 12 months before.Last 12 months: 6,787 bblbbl per monthmcf per month0025020k50040k75060k1,00080k1,250100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 43-14, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 6,787 bbl in the 12 months through Jul 2026, against 10,267 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025020k50040k75060k1,00080k1,250100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 50.2% of the gas in Sep 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 43-14 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 50.2% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 50.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 43-14 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 50.2% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 50.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 464,360 mcf

  • Flared (4)

    2.7% · 13,036 mcf

  • Lease fuel (1)

    2.1% · 10,191 mcf

2.7% of the gas flared in the last 12 months. 7 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Nov 2023

Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, 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%FromUntil
Plains Marketing, L.p.OilGathers50Aug 1, 2024–
Plains Pipeline L.p.OilGathers50Aug 1, 2024–
Canes Midstream G&p LLCCasinghead gasBuys100Aug 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers100Aug 1, 2024–
Wtg South Permian Midstream LLCCasinghead gasGathers100Nov 1, 2023Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys100Nov 1, 2023Aug 1, 2024
Plains Marketing, L.p.OilGathers100Mar 1, 2020Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Mar 1, 2020Nov 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Mar 1, 2020Nov 1, 2023

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

1,344.30 acres on the newest permit

Permits for University 43-14
API numberWell no.Acreson the permit
42-383-382953H1,344.30
42-383-382906H1,344.30
42-383-382915H1,344.30
42-383-382944H1,344.30
42-235-354141H1,344.30
42-235-354152H1,344.30

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

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 43-14
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources1,02190172,50471,52762$80.46$2.89
Jun 2026Permian Resources101027,55627,4180$84.81$3.15
May 2026Permian Resources2008,5486,5851,938$102.13$2.94
Apr 2026Permian Resources22935116,8167,9218,384$100.32$2.77
Mar 2026Permian Resources76872352,63351,2960$91.38$3.04
Feb 2026Permian Resources79173249,88848,243246$64.51$3.62
Jan 2026Permian Resources1,1071,12358,12856,52585$60.04$7.72
Dec 2025Permian Resources1,0391,11464,91762,835560$57.97$4.26
Nov 2025Permian Resources109025,48523,4201,703$60.06$3.79
Oct 2025Permian Resources1353657,7377,2790$60.89$3.19
Sep 2025Permian Resources74271451,15749,6587$63.96$2.97
Aug 2025Permian Resources72554152,21851,65351$64.86$2.91
Jul 2025Permian Resources76090053,38252,83135$68.39$3.20
Jun 2025Permian Resources68568350,86750,140220$68.17$3.02
May 2025Permian Resources73385649,98849,5940$62.17$3.12
Apr 2025Permian Resources70968347,14446,212440$63.54$3.42
Mar 2025Permian Resources86084252,20451,233460$68.24$4.12
Feb 2025Permian Resources9291,08348,62348,05593$71.53$4.19
Jan 2025Permian Resources1,13189954,07252,7715$75.74$4.13
Dec 2024Permian Resources9991,06652,86052,8600$70.12$3.01
Nov 2024Permian Resources9251,07650,92550,9250$69.95$2.12
Oct 2024Permian Resources86772553,43853,40137$71.99$2.20
Sep 2024Permian Resources85787253,45453,44410$70.24$2.28
Aug 2024Permian Resources81254955,34154,890451$76.68$1.99
Jul 2024Permian Resources8221,08152,09247,8084,284$81.80$2.07
Jun 2024Permian Resources79791854,31654,3160$79.77$2.54
May 2024Permian Resources86772155,11055,1100$80.02$2.12
Apr 2024Permian Resources7091,06554,59154,5910$85.35$1.60
Mar 2024Permian Resources1,0701,09656,25056,2500$81.28$1.49
Feb 2024Permian Resources1,0801,09752,17552,1750$77.25$1.72
Jan 2024Permian Resources1,1171,11350,11449,997117$74.15$3.18
Dec 2023Permian Resources1,05492949,31449,165149$71.90$2.52
Nov 2023Permian Resources1,03393048,54248,214328$77.69$2.71
Oct 2023Earthstone Operating,1,1371,11056,35952,2264,133$85.64$2.98
Sep 2023Earthstone Operating,77873046,83923,34023,499$89.43$2.64
Aug 2023Earthstone Operating,9531,09456,69237,08419,608$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

Spraberry (Trend Area) field

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New drilling permits in Reagan County

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