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Texas oil lease

Producing

UNIVERSITY 43-25

University 43-25 is an oil lease in Reagan County, Texas, operated by Ridgeline Resources, LLC in the Lin (Wolfcamp) field.

2 wells

4,598bbl oil, last 12 months−14% vs prior year
Operator
Ridgeline Resources, LLC
County
Reagan County
Field
Lin (Wolfcamp)
RRC lease
7C-18846

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
84,989 mcf
Oil in Jul 2026
497 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: CANES MIDSTREAM LOGISTICS LLC replaced COGENT MIDSTREAM LOGISTICS, LLC as the buyer of this lease's gas from oil wells on Jan 1, 2025.

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

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Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 43-25, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 4,598 bbl in the 12 months through Jul 2026, against 5,374 bbl in the 12 months before.Last 12 months: 4,598 bblbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 43-25, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 4,598 bbl in the 12 months through Jul 2026, against 5,374 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2024 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Jul 2024 the lease's gas goes to a processing plant instead of lease fuelShare of UNIVERSITY 43-25 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2024 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2024: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2024 the lease's gas goes to a processing plant instead of lease fuelShare of UNIVERSITY 43-25 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2024 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Jul 24: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on UNIVERSITY 43-25
API numberWell no.Status
42-383-391021HCActive
42-383-391032HBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers100Jan 1, 2020–
Canes Midstream Logistics LLCCasinghead gasBuys100Jan 1, 2025–
Canes Midstream Logistics LLCCasinghead gasGathers100Jan 1, 2025–
Cogent Midstream Logistics, LLCCasinghead gasGathers100Jun 1, 2019Jan 1, 2025
Cogent Midstream Logistics, LLCCasinghead gasBuys100Jun 1, 2019Jan 1, 2025
Amid Energy Products Supply LLCOilGathers100Jun 1, 2019Jan 1, 2020
Lucid Energy Westex, LLCCasinghead gasGathers100Jan 20, 2015Jun 1, 2019
Lucid Energy Westex, LLCCasinghead gasBuys100Jan 20, 2015Jun 1, 2019
Jp Energy Products Supply, LLCOilGathers50Oct 1, 2015Jun 1, 2019

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

Who buys my oilOil price check

500.48 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 500.47 and 500.48 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for University 43-25
API numberWell no.Acreson the permit
42-383-391021HC500.47
42-383-391032HB500.48

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

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36 months, newest first

Ledger for UNIVERSITY 43-25
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264971748,5458,5450$80.46$2.89
Jun 20262745144,5404,5400$84.81$3.15
May 20263971747,0297,0290$102.13$2.94
Apr 20264805168,6768,6760$100.32$2.77
Mar 20263183485,7165,7160$91.38$3.04
Feb 20266566918,3608,3600$64.51$3.62
Jan 20263071786,5626,5620$60.04$7.72
Dec 20253833527,1757,1750$57.97$4.26
Nov 20252493475,6995,6990$60.06$3.79
Oct 20253843478,0358,0350$60.89$3.19
Sep 20253703487,1727,1720$63.96$2.97
Aug 20252833477,4807,4800$64.86$2.91
Jul 20253843448,2618,2610$68.39$3.20
Jun 20253553418,7668,7660$68.17$3.02
May 20254205139,5019,5010$62.17$3.12
Apr 202548634710,01410,0140$63.54$3.42
Mar 20254345129,1989,1980$68.24$4.12
Feb 20254365249,1829,1820$71.53$4.19
Jan 20254735229,0609,0600$75.74$4.13
Dec 202454835510,97110,9710$70.12$3.01
Nov 20244428529,3489,3480$69.95$2.12
Oct 202447217610,22710,2270$71.99$2.20
Sep 20244183409,8359,8350$70.24$2.28
Aug 202450651510,08810,0880$76.68$1.99
Jul 20244625159,1889,1880$81.80$2.07
Jun 20244775219,92100$79.77$2.54
May 202453350811,18011,1800$80.02$2.12
Apr 20244854999,0039,0030$85.35$1.60
Mar 202456452511,17111,1710$81.28$1.49
Feb 20245285259,2199,2190$77.25$1.72
Jan 20246596989,7699,7690$74.15$3.18
Dec 20235885168,5418,5410$71.90$2.52
Nov 20233635167,9457,9450$77.69$2.71
Oct 20234793517,9597,9590$85.64$2.98
Sep 20235645429,4389,4380$89.43$2.64
Aug 20235035368,7808,7800$81.39$2.58

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

OperatorRidgeline Resources, LLCFieldLin (Wolfcamp)CountyReagan County

Ridgeline Resources, LLC in Reagan County

No other producing leases from this operator in this county are in our data yet.

Lin (Wolfcamp) field

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