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Producing

UNIVERSITY 48-12 WEST

University 48-12 West is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

Oil lease dossier

5,609bbl oil, last 12 months−9% vs prior year
Operator
Permian Resources Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-20641

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
44,632 mcf
Oil in Jul 2026
413 bbl

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 48-12 WEST, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 5,609 bbl in the 12 months through Jul 2026, against 6,197 bbl in the 12 months before.Last 12 months: 5,609 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 48-12 WEST, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 5,609 bbl in the 12 months through Jul 2026, against 6,197 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 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 39.6% 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 48-12 WEST 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 39.6% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 39.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 48-12 WEST 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 39.6% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 39.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    84% · 37,320 mcf

  • Lease fuel (1)

    9.6% · 4,287 mcf

  • Flared (4)

    6.8% · 3,025 mcf

6.8% of the gas flared in the last 12 months. 2 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.OilGathers100Jun 1, 2022–
Canes Midstream Logistics LLCCasinghead gasBuys100May 30, 2024–
Canes Midstream Logistics LLCCasinghead gasGathers100May 30, 2024–
Cogent Midstream Logistics, LLCCasinghead gasGathers50Mar 1, 2020Nov 1, 2023
Wtg Gas Processing, L.p.Casinghead gasGathers50Mar 1, 2020Nov 1, 2023
Cogent Midstream Logistics, LLCCasinghead gasBuys50Mar 1, 2020Nov 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys50Mar 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

503.55 acres on the newest permit

Check your decimal on this lease
Permits for University 48-12 West
API numberWell no.Acreson the permit
42-383-392781H503.55

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 48-12 WEST
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources4133064,7524,3870$80.46$2.89
Jun 2026Permian Resources4197525,4695,09812$84.81$3.15
May 2026Permian Resources4662515,3593,6721,318$102.13$2.94
Apr 2026Permian Resources4805244,2852,2311,695$100.32$2.77
Mar 2026Permian Resources5134484,1203,7510$91.38$3.04
Feb 2026Permian Resources4754302,7962,4610$64.51$3.62
Jan 2026Permian Resources4845022,7102,3830$60.04$7.72
Dec 2025Permian Resources5086202,7742,4120$57.97$4.26
Nov 2025Permian Resources4663843,1502,8080$60.06$3.79
Oct 2025Permian Resources5005362,8442,4720$60.89$3.19
Sep 2025Permian Resources3973353,1132,7570$63.96$2.97
Aug 2025Permian Resources4884423,2602,8880$64.86$2.91
Jul 2025Permian Resources4945183,1592,7880$68.39$3.20
Jun 2025Permian Resources4745422,9762,6511$68.17$3.02
May 2025Permian Resources5865863,5803,2100$62.17$3.12
Apr 2025Permian Resources5105443,0792,7190$63.54$3.42
Mar 2025Permian Resources5946402,9402,5930$68.24$4.12
Feb 2025Permian Resources5075321,7921,5240$71.53$4.19
Jan 2025Permian Resources5634482,0831,7291$75.74$4.13
Dec 2024Permian Resources5376652,5682,1960$70.12$3.01
Nov 2024Permian Resources6145162,1852,1850$69.95$2.12
Oct 2024Permian Resources7157461,9811,9810$71.99$2.20
Sep 2024Permian Resources6003143563560$70.24$2.28
Aug 2024Permian Resources38024240$76.68$1.99
Jul 2024Permian Resources1942982,2952,2950$81.80$2.07
Jun 2024Permian Resources3153205,2595,2590$79.77$2.54
May 2024Permian Resources4434664,8334,8330$80.02$2.12
Apr 2024Permian Resources4675303,2793,2745$85.35$1.60
Mar 2024Permian Resources4863852,8102,8091$81.28$1.49
Feb 2024Permian Resources4786763,7873,7798$77.25$1.72
Jan 2024Permian Resources4983153,9363,9342$74.15$3.18
Dec 2023Permian Resources3724654,2284,2280$71.90$2.52
Nov 2023Permian Resources5064885,0215,0210$77.69$2.71
Oct 2023Earthstone Operating,5094534,4894,4890$85.64$2.98
Sep 2023Earthstone Operating,4874674,6504,6482$89.43$2.64
Aug 2023Earthstone Operating,4615594,2734,25716$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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