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Texas oil lease

Producing

UNIVERSITY "48-11"

University "48-11" is an oil lease in Reagan County, Texas, operated by Bustamante Resources LLC in the Barnhart, South (Ellenburger) field.

1 well

230bbl oil, last 12 months+389% vs prior year
RRC lease
7C-09597

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Oil in Jul 2026
10 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Bustamante Resources LLC took over from Robertson Resources, Inc. in Jul 2025.

  • Sales

    No sales reported for the last 9 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Oil output rose 389% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 389% over the last 12 monthsMonthly oil production for UNIVERSITY "48-11", Aug 2023 to Jul 2026. Oil output rose 389% over the last 12 months. 230 bbl in the 12 months through Jul 2026, against 47 bbl in the 12 months before.Last 12 months: 230 bblbbl per month010203040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 389% over the last 12 monthsMonthly oil production for UNIVERSITY "48-11", Aug 2023 to Jul 2026. Oil output rose 389% over the last 12 months. 230 bbl in the 12 months through Jul 2026, against 47 bbl in the 12 months before.Last 12 monthsbbl per month010203040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Jul 2025

Operators of this lease over timeRobertson Resources, Inc., Jan 2020 to Jun 2025; Bustamante Resources LLC, Jul 2025 to Jul 20262020202120222023202420252026Changed Jul 2025Robertson Resources, Inc.Jan 2020 to Jun 2025Bustamante Resources LLCJul 2025 to now
Operators of this lease over timeRobertson Resources, Inc., Jan 2020 to Jun 2025; Bustamante Resources LLC, Jul 2025 to Jul 20262020202120222023202420252026Changed Jul 2025Robertson Resources, Inc.Jan 2020 to Jun 2025Bustamante Resources LLCJul 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY "48-11"
API numberWell no.Status
42-383-321921Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Jul 1, 2025–
Plains Marketing, L.p.OilGathers100May 1, 1999Jul 1, 2025

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

337 acres on the newest permit

Permits for University "48-11"
API numberWell no.Acreson the permit
42-383-321921337

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY "48-11"
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Bustamante Resources100$80.46$2.89
Jun 2026Bustamante Resources250$84.81$3.15
May 2026Bustamante Resources200$102.13$2.94
Apr 2026Bustamante Resources280$100.32$2.77
Mar 2026Bustamante Resources210$91.38$3.04
Feb 2026Bustamante Resources250$64.51$3.62
Jan 2026Bustamante Resources270$60.04$7.72
Dec 2025Bustamante Resources250$57.97$4.26
Nov 2025Bustamante Resources270$60.06$3.79
Oct 2025Bustamante Resources2281$60.89$3.19
Sep 2025Bustamante Resources00$63.96$2.97
Aug 2025Bustamante Resources00$64.86$2.91
Jul 2025Bustamante Resources00$68.39$3.20
Jun 2025Robertson Resources,00$68.17$3.02
May 2025Robertson Resources,00$62.17$3.12
Apr 2025Robertson Resources,30$63.54$3.42
Mar 2025Robertson Resources,40$68.24$4.12
Feb 2025Robertson Resources,30$71.53$4.19
Jan 2025Robertson Resources,40$75.74$4.13
Dec 2024Robertson Resources,80$70.12$3.01
Nov 2024Robertson Resources,80$69.95$2.12
Oct 2024Robertson Resources,120$71.99$2.20
Sep 2024Robertson Resources,20$70.24$2.28
Aug 2024Robertson Resources,30$76.68$1.99
Jul 2024Robertson Resources,30$81.80$2.07
Jun 2024Robertson Resources,30$79.77$2.54
May 2024Robertson Resources,50$80.02$2.12
Apr 2024Robertson Resources,50$85.35$1.60
Mar 2024Robertson Resources,6133$81.28$1.49
Feb 2024Robertson Resources,100$77.25$1.72
Jan 2024Robertson Resources,60$74.15$3.18
Dec 2023Robertson Resources,80$71.90$2.52
Nov 2023Robertson Resources,80$77.69$2.71
Oct 2023Robertson Resources,40$85.64$2.98
Sep 2023Robertson Resources,30$89.43$2.64
Aug 2023Robertson Resources,60$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

Bustamante Resources LLC in Reagan County

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Barnhart, South (Ellenburger) field

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