Texas oil lease
ProducingUNIVERSITY 47-48
University 47-48 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.
Oil lease dossier
- Operator
- Permian Resources Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-20635
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 331,435 mcf
- Oil in Jul 2026
- 1,328 bbl
Production by month
Oil output fell 10% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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 52.0% of the gas in Apr 2026.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
97% · 320,736 mcf
Flared (4)
2.1% · 7,018 mcf
Lease fuel (1)
1.1% · 3,681 mcf
2.1% 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
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC May 2022 to Oct 2023
- FDL Operating, LLC Feb 2021 to Apr 2022
- Sable Permian Resources, LLC Mar 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Rio Energy International, Inc. | Oil | Gathers | 100 | Mar 1, 2020 | – |
| Canes Midstream Logistics LLC | Casinghead gas | Buys | 100 | May 28, 2024 | – |
| Canes Midstream Logistics LLC | Casinghead gas | Gathers | 100 | May 28, 2024 | – |
| Cogent Midstream Logistics, LLC | Casinghead gas | Gathers | 100 | Mar 1, 2020 | Nov 1, 2023 |
| Cogent Midstream Logistics, LLC | Casinghead gas | Buys | 100 | Mar 1, 2020 | Nov 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,604.52 acres on the newest permit
- Good to know
7 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.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-38192 | 1803H | Jan 28, 2013 | Sep 20, 2013 | 1,604.52 |
| 42-383-38170 | 1801HR | Jan 8, 2013 | Mar 20, 2013 | 1,604.52 |
| 42-383-38051 | 1808H | Oct 11, 2012 | Mar 28, 2013 | 1,604.52 |
| 42-383-37998 | 1807H | Aug 28, 2012 | Sep 20, 2013 | 1,604.52 |
| 42-383-37820 | 1805H | Jun 7, 2012 | Dec 27, 2012 | 1,604.52 |
| 42-383-37812 | 1802H | May 14, 2012 | Jun 10, 2021 | 1,604.52 |
| 42-383-37727 | 2301H | Apr 12, 2012 | Jan 3, 2013 | 1,604.52 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 1,328 | 1,441 | 37,353 | 36,978 | 3 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 865 | 638 | 29,158 | 28,835 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 39 | 0 | 5,851 | 4,117 | 1,705 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 467 | 658 | 9,555 | 4,386 | 4,972 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 1,008 | 1,157 | 37,553 | 37,181 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 912 | 794 | 35,785 | 35,449 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 988 | 1,054 | 37,001 | 36,662 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 1,275 | 1,474 | 40,864 | 40,542 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 1,001 | 801 | 26,636 | 25,988 | 332 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 718 | 716 | 12,677 | 12,321 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 1,025 | 1,084 | 28,940 | 28,592 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 1,113 | 906 | 30,062 | 29,685 | 6 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 1,099 | 1,311 | 32,165 | 31,802 | 3 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 938 | 773 | 34,429 | 33,998 | 77 | $68.17 | $3.02 |
| May 2025Permian Resources | 1,149 | 1,212 | 37,624 | 37,216 | 36 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 1,138 | 1,123 | 30,794 | 30,428 | 6 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 1,061 | 1,129 | 32,358 | 31,427 | 2 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 952 | 996 | 25,089 | 25,082 | 7 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 978 | 756 | 22,546 | 22,543 | 3 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 1,007 | 1,169 | 23,679 | 23,678 | 1 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 1,004 | 913 | 24,839 | 24,817 | 22 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 1,045 | 1,037 | 26,619 | 26,617 | 2 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 971 | 1,261 | 19,618 | 19,615 | 3 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 641 | 436 | 13,904 | 13,889 | 15 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 790 | 1,076 | 26,762 | 26,653 | 109 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 1,002 | 824 | 36,373 | 35,469 | 904 | $79.77 | $2.54 |
| May 2024Permian Resources | 1,075 | 895 | 36,919 | 35,296 | 1,623 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 928 | 966 | 30,624 | 30,314 | 310 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 1,053 | 890 | 37,107 | 36,664 | 443 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 1,162 | 2,150 | 37,161 | 36,826 | 335 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 1,280 | 1,322 | 34,909 | 31,794 | 3,115 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 1,350 | 914 | 37,544 | 37,320 | 224 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 1,226 | 1,071 | 35,168 | 35,003 | 165 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 1,223 | 1,261 | 40,955 | 38,821 | 2,134 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 1,087 | 1,419 | 37,767 | 30,685 | 7,082 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 1,340 | 1,325 | 42,187 | 35,693 | 6,494 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reagan County
- UNIVERSITY 09 10-15 ALLOC 12
24,513 bbl
- UNIVERSITY 43-14
6,787 bbl
- TSRH UNIT 28N
8,668 bbl
- HALFMANN 1214
13,356 bbl
- SECTION 235-220 ALLOC 01
16,555 bbl
- HUGHES WEST
21,859 bbl
- WTG 5-233
15,164 bbl
- AKATOR
10,347 bbl
- WTG UNIT 5-234 B
16,195 bbl
- UNIVERSITY 09 10-15 ALLOC 03
18,367 bbl
Spraberry (Trend Area) field
- HANKS FAMILY 7-7B-A
17,644 bbl
- PRIME EAST L 19-22
12,404 bbl
- HENSLEY 41B
22,295 bbl
- SILER HOPE 4-43 H
10,551 bbl
- THUNDERBOLT EAST N 40-45
22,283 bbl
- GREER THOMAS 44-3 A
11,856 bbl
- AMERIGO 0980CP-R
20,049 bbl
- AMACKER 66J
21,158 bbl
- AVERY 35-11 C
21,018 bbl
- COATES B - COATES A UNIT 3
12,151 bbl
New drilling permits in Reagan County
Newest in the county: this lease has no coordinates.
HILL WEST G 28-35 #4407H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918897 · Sep 25, 2026
HILL WEST G 28-35 #4207H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918898 · Sep 25, 2026
HILL WEST E 28-35 #4605H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918891 · Sep 25, 2026
HILL WEST E 28-35 #4305H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918894 · Sep 25, 2026
HILL WEST C 28-35 #4403H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918888 · Sep 25, 2026