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Producing

UNIVERSITY 43-15

University 43-15 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

Oil lease dossier

12,240bbl oil, last 12 months−31% vs prior year
Operator
Permian Resources Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-20627

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
577,273 mcf
Oil in Jul 2026
1,318 bbl

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 43-15, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 12,240 bbl in the 12 months through Jul 2026, against 17,660 bbl in the 12 months before.Last 12 months: 12,240 bblbbl per monthmcf per month0050025k1,00050k1,50075k2,000100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 43-15, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 12,240 bbl in the 12 months through Jul 2026, against 17,660 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050025k1,00050k1,50075k2,000100kJan 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 59.3% of the gas in Apr 2026.

  • 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 43-15 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 59.3% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 59.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 43-15 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 59.3% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 59.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 554,976 mcf

  • Flared (4)

    2.4% · 13,837 mcf

  • Lease fuel (1)

    1.5% · 8,460 mcf

2.4% of the gas flared in the last 12 months. 4 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.OilGathers100Jun 1, 2022Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Mar 1, 2020Nov 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Mar 1, 2020Nov 1, 2023
Shell Trading (Us) CompanyOilGathers100Mar 1, 2020Jun 1, 2022

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

Who buys my oilOil price check

1,344.30 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,176.7 and 1,344.3 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    10 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for University 43-15
API numberWell no.Acreson the permit
42-383-392239H1,344.30
42-383-3922410H1,344.30
42-383-3922511H1,344.30
42-383-382747H1,344.30
42-383-382672H1,344.30
42-383-382683H1,344.30
42-383-382694H1,344.30
42-383-382715H1,344.30
42-383-382736H1,344.30
42-383-373931H1,176.70

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

Unit decimal checker

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 43-15
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources1,3181,09086,06684,8100$80.46$2.89
Jun 2026Permian Resources71989332,60232,4610$84.81$3.15
May 2026Permian Resources7209,7169,425169$102.13$2.94
Apr 2026Permian Resources54954421,5058,22712,763$100.32$2.77
Mar 2026Permian Resources1,2631,27659,29458,2510$91.38$3.04
Feb 2026Permian Resources1,2171,10856,20755,21457$64.51$3.62
Jan 2026Permian Resources1,4821,48063,51862,43754$60.04$7.72
Dec 2025Permian Resources1,3671,53170,57669,5780$57.97$4.26
Nov 2025Permian Resources94391935,37834,519767$60.06$3.79
Oct 2025Permian Resources56072213,15712,8850$60.89$3.19
Sep 2025Permian Resources1,3481,24761,11860,0972$63.96$2.97
Aug 2025Permian Resources1,4021,25668,13667,07225$64.86$2.91
Jul 2025Permian Resources1,5371,78273,21872,1599$68.39$3.20
Jun 2025Permian Resources1,2461,34067,43366,250203$68.17$3.02
May 2025Permian Resources1,6351,60860,88559,8440$62.17$3.12
Apr 2025Permian Resources1,8261,71361,05260,0500$63.54$3.42
Mar 2025Permian Resources1,4101,73261,06260,0090$68.24$4.12
Feb 2025Permian Resources1,4201,25956,13955,2320$71.53$4.19
Jan 2025Permian Resources1,5941,57660,96359,9870$75.74$4.13
Dec 2024Permian Resources1,3681,59154,48454,4840$70.12$3.01
Nov 2024Permian Resources1,4411,45257,67657,6760$69.95$2.12
Oct 2024Permian Resources1,43789260,27060,2664$71.99$2.20
Sep 2024Permian Resources1,3631,45459,04559,0432$70.24$2.28
Aug 2024Permian Resources1,3831,27461,92760,2941,633$76.68$1.99
Jul 2024Permian Resources1,3981,27657,29351,6745,619$81.80$2.07
Jun 2024Permian Resources1,3421,43458,52558,43986$79.77$2.54
May 2024Permian Resources1,4131,46260,48158,3252,156$80.02$2.12
Apr 2024Permian Resources1,5361,84460,40160,33764$85.35$1.60
Mar 2024Permian Resources1,7051,64961,31061,183127$81.28$1.49
Feb 2024Permian Resources1,6031,65856,58256,5802$77.25$1.72
Jan 2024Permian Resources1,7451,86457,84657,8460$74.15$3.18
Dec 2023Permian Resources1,7621,66662,90162,9010$71.90$2.52
Nov 2023Permian Resources1,8441,66665,07465,0740$77.69$2.71
Oct 2023Earthstone Operating,1,7151,84469,39268,0191,373$85.64$2.98
Sep 2023Earthstone Operating,1,5581,64657,75745,49012,267$89.43$2.64
Aug 2023Earthstone Operating,1,7281,64161,85660,4871,369$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

OperatorPermian Resources Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

Permian Resources Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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New drilling permits in Reagan County

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