Texas oil lease · RRC district 7C · Lease 11368
Shut inUNIVERSITY "48-5"
University "48-5" is an oil lease in Reagan County, Texas, operated by Digital Operating Company LLC in the Price (Grayburg) field. The Railroad Commission shows 7 bbl of oil in the 12 months through Mar 2026.
Oil lease dossier · 3 wells
- Operator
- Digital Operating Company LLC
- County
- Reagan County
- Field
- Price (Grayburg)
- RRC lease
- 7C-11368
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Where it sits
This county
- Gas, last 12 months
- 432 mcf
- Oil in Mar 2026
- 0 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 3
Production
Month by month, from the state record
Oil output fell 75% over the last 12 months
3 bbl in the 12 months through Jul 2026, against 12 bbl in the 12 months before. 4 months were not reported. A red cross marks each one.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 11368, district 7C. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
All of the gas went to flaring in the last 12 months
Flaring peaked at 100.0% of the gas in Aug 2023.
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 11368, district 7C. Reported through Jul 2026.
Flared (4)
Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.
Over the last 12 months, 100.0% of the gas was flared. 28 months went above 3%, which we mark in the ledger below.
Operator history
Who has run this lease
The operator changed once, most recently in Jul 2022
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Digital Operating Company LLC Jul 2022 to Mar 2026
- Endeavor Energy Resources L.P. Jan 2020 to Jun 2022
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
3 wells on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-383-33382 | 2 | Active | – |
| 42-383-33384 | 1 | Active | – |
| 42-383-33707 | 3X | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 7C, lease 11368.
Who buys and gathers
Who moves and buys this lease's production
Oil
Oasis Transp & Marketing Corp. gathers it.
100% of it, on the list since Nov 1, 2019
Companies that used to be listed: Davis Gas Processing, Inc. (gathers it, until Nov 1, 2019); Davis Gas Processing, Inc. (buys it, until Nov 1, 2019); Plains Marketing, L.p. (gathers it, until Nov 1, 2019).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
160 acres on the newest permit
- Wells on the permits
- 31 not plugged
- Horizontal
- 0
- First completion
- May 26, 1985
- Latest permit
- Jan 6, 1986
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-33707 | 3X | Jan 6, 1986 | Mar 17, 1986 | 160 |
| 42-383-33384 | 1 | Feb 6, 1985 | May 26, 1985 | 160 |
| 42-383-33382 | 2 | Feb 5, 1985 | Jun 13, 1985 | 160 |
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says UNIVERSITY "48-5" sold each month.
For example 0.00097656, or a fraction like 1/1024.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026No report | – | – | – | – | – | $80.46 | $2.89 |
| Jun 2026No report | – | – | – | – | – | $84.81 | $3.15 |
| May 2026No report | – | – | – | – | – | $102.13 | $2.94 |
| Apr 2026No report | – | – | – | – | – | $100.32 | $2.77 |
| Mar 2026Digital Operating | 0 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Digital Operating | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Digital Operating | 0 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Digital Operating | 0 | 0 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Digital Operating | 0 | 0 | 100 | 0 | 100 | $60.06 | $3.79 |
| Oct 2025Digital Operating | 1 | 0 | 100 | 0 | 100 | $60.89 | $3.19 |
| Sep 2025Digital Operating | 1 | 0 | 100 | 0 | 100 | $63.96 | $2.97 |
| Aug 2025Digital Operating | 1 | 0 | 104 | 0 | 104 | $64.86 | $2.91 |
| Jul 2025Digital Operating | 1 | 0 | 17 | 0 | 17 | $68.39 | $3.20 |
| Jun 2025Digital Operating | 1 | 0 | 2 | 0 | 2 | $68.17 | $3.02 |
| May 2025Digital Operating | 1 | 0 | 4 | 0 | 4 | $62.17 | $3.12 |
| Apr 2025Digital Operating | 1 | 0 | 5 | 0 | 5 | $63.54 | $3.42 |
| Mar 2025Digital Operating | 1 | 0 | 5 | 0 | 5 | $68.24 | $4.12 |
| Feb 2025Digital Operating | 1 | 0 | 5 | 0 | 5 | $71.53 | $4.19 |
| Jan 2025Digital Operating | 1 | 0 | 5 | 0 | 5 | $75.74 | $4.13 |
| Dec 2024Digital Operating | 1 | 0 | 5 | 0 | 5 | $70.12 | $3.01 |
| Nov 2024Digital Operating | 1 | 0 | 5 | 0 | 5 | $69.95 | $2.12 |
| Oct 2024Digital Operating | 1 | 0 | 5 | 0 | 5 | $71.99 | $2.20 |
| Sep 2024Digital Operating | 1 | 0 | 5 | 0 | 5 | $70.24 | $2.28 |
| Aug 2024Digital Operating | 1 | 0 | 5 | 0 | 5 | $76.68 | $1.99 |
| Jul 2024Digital Operating | 1 | 0 | 5 | 0 | 5 | $81.80 | $2.07 |
| Jun 2024Digital Operating | 1 | 0 | 5 | 0 | 5 | $79.77 | $2.54 |
| May 2024Digital Operating | 1 | 0 | 5 | 0 | 5 | $80.02 | $2.12 |
| Apr 2024Digital Operating | 0 | 0 | 4 | 0 | 4 | $85.35 | $1.60 |
| Mar 2024Digital Operating | 0 | 0 | 3 | 0 | 3 | $81.28 | $1.49 |
| Feb 2024Digital Operating | 0 | 0 | 3 | 0 | 3 | $77.25 | $1.72 |
| Jan 2024Digital Operating | 0 | 0 | 3 | 0 | 3 | $74.15 | $3.18 |
| Dec 2023Digital Operating | 0 | 0 | 3 | 0 | 3 | $71.90 | $2.52 |
| Nov 2023Digital Operating | 1 | 54 | 3 | 0 | 3 | $77.69 | $2.71 |
| Oct 2023Digital Operating | 1 | 0 | 2 | 0 | 2 | $85.64 | $2.98 |
| Sep 2023Digital Operating | 0 | 0 | 1 | 0 | 1 | $89.43 | $2.64 |
| Aug 2023Digital Operating | 0 | 0 | 1 | 0 | 1 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for UNIVERSITY "48-5". We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Digital Operating Company LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Digital Operating Company LLC in Reagan County
No other producing leases from this operator in this county are in our data yet.
Price (Grayburg) field
- TEXAS -Y-
7,138 bbl last 12 months
- HICKMAN, N. W.
5,994 bbl last 12 months
- UNIVERSITY "49-6"
3,540 bbl last 12 months
- TEXAS -Z-
1,825 bbl last 12 months
- UNIVERSITY LANDS /2-49/
1,627 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- UNIVERSITY "B"
35 bbl last 12 months · 0.2 km away
- HICKMAN
1,633 bbl last 12 months · 0.4 km away
- HICKMAN, N. W.
86 bbl last 12 months · 0.6 km away
- HICKMAN, N. W.
5,994 bbl last 12 months · 0.8 km away
- HICKMAN "C"
395 bbl last 12 months · 0.8 km away
Drilling permits within 10 km
HICKMAN CT #2212UB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 8.5 km away
Permit 0907959 · May 13, 2025
HICKMAN BT #2211UB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 8.5 km away
Permit 0907958 · May 13, 2025
UNIVERSITY CR 31-19 LB #3H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 9.6 km away
Permit 0907100 · Apr 7, 2025
TANGELO D 1-4 #4H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 5.8 km away
Permit 0906142 · Feb 27, 2025
TANGELO E 1-4 #5H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 5.8 km away
Permit 0906143 · Feb 27, 2025
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Mar 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 11368, district 7C, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.