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Texas oil lease

No report in 6+ months

UNIVERSITY 48-3

University 48-3 is an oil lease in Reagan County, Texas, operated by Rwa, LLC in the Farmer (San Andres) field.

1 well

0bbl oil, last 12 months
Operator
Rwa, LLC
County
Reagan County
Field
Farmer (San Andres)
RRC lease
7C-18702

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Oil in Jan 2023
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • P-5

    The current operator's P-5 registration is listed as delinquent (last P-5 filed Dec 13, 2022).

  • Sales

    No sales reported for the last 12 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

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Feb 2020 to Jan 2023). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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 Feb 2020

Operators of this lease over timePetro-Smith Operating LLC, Jan 2020 to Jan 2020; Rwa, LLC, Feb 2020 to Jan 20232020202120222023Changed Feb 2020Petro-Smith Operating LLCJan 2020 to Jan 2020Rwa, LLCFeb 2020 to now
Operators of this lease over timePetro-Smith Operating LLC, Jan 2020 to Jan 2020; Rwa, LLC, Feb 2020 to Jan 20232020202120222023Changed Feb 2020Petro-Smith Operating LLCJan 2020 to Jan 2020Rwa, LLCFeb 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY 48-3
API numberWell no.Status
42-383-313401RShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dorado Oil CompanyOilGathers100Feb 14, 2020–
Davis Gas Processing, Inc.Casinghead gasGathers100Jul 24, 2014Feb 14, 2020
Davis Gas Processing, Inc.Casinghead gasBuys100Jul 24, 2014Feb 14, 2020
Plains Marketing, L.p.OilGathers100Jul 24, 2014Feb 14, 2020

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

Who buys my oilOil price check

151.05 acres on the newest permit

Check your decimal on this lease
Permits for University 48-3
API numberWell no.Acreson the permit
42-383-313401R151.05

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 48-3
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jan 2023Rwa, LLC00$78.12$3.27
Dec 2022Rwa, LLC00$76.44$5.53
Nov 2022Rwa, LLC00$84.37$5.45
Oct 2022Rwa, LLC00$87.55$5.66
Sep 2022Rwa, LLC00$84.26$7.88
Aug 2022Rwa, LLC00$93.67$8.81
Jul 2022Rwa, LLC00$101.62$7.28
Jun 2022Rwa, LLC00$114.84$7.70
May 2022Rwa, LLC00$109.55$8.14
Apr 2022Rwa, LLC00$101.78$6.60
Mar 2022Rwa, LLC00$108.50$4.90
Feb 2022Rwa, LLC00$91.64$4.69
Jan 2022Rwa, LLC00$83.22$4.38
Dec 2021Rwa, LLC00$71.71$3.76
Nov 2021Rwa, LLC00$79.15$5.05
Oct 2021Rwa, LLC00$81.48$5.51
Sep 2021Rwa, LLC00$71.65$5.16
Aug 2021Rwa, LLC00$67.73$4.07
Jul 2021Rwa, LLC00$72.49$3.84
Jun 2021Rwa, LLC00$71.38$3.26
May 2021Rwa, LLC00$65.17$2.91
Apr 2021Rwa, LLC00$61.72$2.66
Mar 2021Rwa, LLC00$62.33$2.62
Feb 2021Rwa, LLC00$59.04$5.35
Jan 2021Rwa, LLC00$52.00$2.71
Dec 2020Rwa, LLC00$47.02$2.58
Nov 2020Rwa, LLC00$40.94$2.61
Oct 2020Rwa, LLC00$39.40$2.39
Sep 2020Rwa, LLC00$39.63$1.92
Aug 2020Rwa, LLC00$42.34$2.30
Jul 2020Rwa, LLC00$40.71$1.76
Jun 2020Rwa, LLC00$38.31$1.63
May 2020Rwa, LLC00$28.56$1.75
Apr 2020Rwa, LLC00$16.55$1.74
Mar 2020Rwa, LLC00$29.21$1.79
Feb 2020Rwa, LLC00$50.54$1.91

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

OperatorRwa, LLCFieldFarmer (San Andres)CountyReagan County

Rwa, LLC in Reagan County

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

Farmer (San Andres) field

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