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Texas oil lease

Producing

UNIVERSITY 47-2W

University 47-2W is an oil lease in Crockett County, Texas, operated by Extex Operating Company in the Lin (Wolfcamp) field.

3 wells

16,673bbl oil, last 12 months−2% vs prior year
Operator
Extex Operating Company
County
Crockett County
Field
Lin (Wolfcamp)
RRC lease
7C-18946

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
133,743 mcf
Oil in Jul 2026
1,349 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

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

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Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for UNIVERSITY 47-2W, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 16,673 bbl in the 12 months through Jul 2026, against 16,947 bbl in the 12 months before.Last 12 months: 16,673 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for UNIVERSITY 47-2W, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 16,673 bbl in the 12 months through Jul 2026, against 16,947 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 69.8% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 47-2W gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 69.8% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 69.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 47-2W gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 69.8% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 69.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 131,839 mcf

  • Flared (4)

    1.4% · 1,904 mcf

1.4% of the gas flared in the last 12 months. 11 months above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on UNIVERSITY 47-2W
API numberWell no.Status
42-105-421800901BHActive
42-105-421812401BHActive
42-105-422672404BHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Echo Canyon Energy Prd Sply, LLCOilGathers100Sep 1, 2026–
Mv Purchasing, LLCOilGathers100Jul 1, 2026Sep 1, 2026
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2024Jul 1, 2026
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026Jul 1, 2026
Plains Marketing, L.p.OilGathers100Jun 1, 2017Jul 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys100Oct 1, 2024Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Jun 1, 2017Oct 1, 2024

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

Who buys my oilOil price check

1,032.10 acres on the newest permit

Check your decimal on this lease
Permits for University 47-2W
API numberWell no.Acreson the permit
42-105-422672404BH1,032.10
42-105-421812401BH1,032.10
42-105-421800901BH1,032.10

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

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36 months, newest first

Ledger for UNIVERSITY 47-2W
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating1,3491,13312,87412,8740$80.46$2.89
Jun 2026Extex Operating1,3561,26212,81912,8190$84.81$3.15
May 2026Extex Operating1,2221,07910,34610,020326$102.13$2.94
Apr 2026Extex Operating1,3621,63212,76912,7690$100.32$2.77
Mar 2026Extex Operating1,3891,28313,40213,4020$91.38$3.04
Feb 2026Extex Operating1,4091,41613,41813,052366$64.51$3.62
Jan 2026Extex Operating1,4731,43710,40410,162242$60.04$7.72
Dec 2025Extex Operating1,5861,81810,4289,458970$57.97$4.26
Nov 2025Extex Operating1,3041,0979,1639,1630$60.06$3.79
Oct 2025Extex Operating1,4662,1429,4659,4650$60.89$3.19
Sep 2025Extex Operating1,3918928,3278,3270$63.96$2.97
Aug 2025Extex Operating1,3661,26010,32810,3280$64.86$2.91
Jul 2025Extex Operating1,2171,44610,92010,809111$68.39$3.20
Jun 2025Extex Operating1,2421,0899,2929,2920$68.17$3.02
May 2025Extex Operating1,3361,63910,38710,3870$62.17$3.12
Apr 2025Extex Operating1,3671,08512,69512,6950$63.54$3.42
Mar 2025Extex Operating1,5361,44815,67315,6730$68.24$4.12
Feb 2025Extex Operating1,3321,47212,75612,319437$71.53$4.19
Jan 2025Extex Operating1,5781,43813,76513,7650$75.74$4.13
Dec 2024Extex Operating1,3621,79338929198$70.12$3.01
Nov 2024Extex Operating1,3701,08513,78013,638142$69.95$2.12
Oct 2024Extex Operating1,5631,77715,00414,878126$71.99$2.20
Sep 2024Extex Operating1,6491,44215,06014,697363$70.24$2.28
Aug 2024Extex Operating1,3951,23811,20610,0791,127$76.68$1.99
Jul 2024Extex Operating1,6601,79612,70311,6381,065$81.80$2.07
Jun 2024Extex Operating1,0241,08012,70711,873834$79.77$2.54
May 2024Extex Operating1,5531,42912,24210,5071,735$80.02$2.12
Apr 2024Extex Operating1,5221,45611,92511,87847$85.35$1.60
Mar 2024Extex Operating1,5691,81310,4319,9740$81.28$1.49
Feb 2024Extex Operating1,5121,45212,19612,17026$77.25$1.72
Jan 2024Extex Operating1,6831,2729,7688,814954$74.15$3.18
Dec 2023Extex Operating1,1091,4707,7817,7810$71.90$2.52
Nov 2023Extex Operating1,3481,8348,8258,712113$77.69$2.71
Oct 2023Extex Operating1,5301,0978,9068,89412$85.64$2.98
Sep 2023Extex Operating1,4601,4387,3975,0142,383$89.43$2.64
Aug 2023Extex Operating1,7301,50414,6324,42010,212$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

OperatorExtex Operating CompanyFieldLin (Wolfcamp)CountyCrockett County

Extex Operating Company in Crockett County

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Lin (Wolfcamp) field

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