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Texas oil lease

Producing

UNIVERSITY "48-6"

University "48-6" is an oil lease in Reagan County, Texas, operated by Last Dollar LLC in the Price (Grayburg) field.

4 wells

283bbl oil, last 12 months+65% vs prior year
RRC lease
7C-10771

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Where it sits

This county

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

Checks stopped on this lease?

  • Sales

    No sales reported for the last 4 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 65% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 65% over the last 12 monthsMonthly oil production for UNIVERSITY "48-6", Aug 2023 to Jul 2026. Oil output rose 65% over the last 12 months. 283 bbl in the 12 months through Jul 2026, against 172 bbl in the 12 months before.Last 12 months: 283 bblbbl per month01020304050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 65% over the last 12 monthsMonthly oil production for UNIVERSITY "48-6", Aug 2023 to Jul 2026. Oil output rose 65% over the last 12 months. 283 bbl in the 12 months through Jul 2026, against 172 bbl in the 12 months before.Last 12 monthsbbl per month01020304050Jan 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 2023

Operators of this lease over timeEgi, Inc., Jan 2020 to Jun 2023; Last Dollar LLC, Jul 2023 to Jul 20262020202120222023202420252026Changed Jul 2023Egi, Inc.Jan 2020 to Jun 2023Last Dollar LLCJul 2023 to now
Operators of this lease over timeEgi, Inc., Jan 2020 to Jun 2023; Last Dollar LLC, Jul 2023 to Jul 20262020202120222023202420252026Changed Jul 2023Egi, Inc.Jan 2020 to Jun 2023Last Dollar LLCJul 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on UNIVERSITY "48-6"
API numberWell no.Status
42-383-330172Shut-in
42-383-330181Shut-in
42-383-330194Shut-in
42-383-330203Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Jul 1, 2000–
Davis, J.l.-Big Lake Gasolne PltCasinghead gasGathers100Jun 10, 1994Jul 1, 2023
Nominator Not Required / Swr 31Casinghead gasNominates100Dec 1, 2006Jul 1, 2023
Davis, J.l.-Big Lake Gasolne PltCasinghead gasBuys100Jun 10, 1994Jul 1, 2023

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

160 acres on the newest permit

Permits for University "48-6"
API numberWell no.Acreson the permit
42-383-330172160
42-383-330181160
42-383-330194160
42-383-330203160

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY "48-6"
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Last Dollar60$80.46$2.89
Jun 2026Last Dollar90$84.81$3.15
May 2026Last Dollar310$102.13$2.94
Apr 2026Last Dollar210$100.32$2.77
Mar 2026Last Dollar15120$91.38$3.04
Feb 2026Last Dollar260$64.51$3.62
Jan 2026Last Dollar370$60.04$7.72
Dec 2025Last Dollar410$57.97$4.26
Nov 2025Last Dollar26154$60.06$3.79
Oct 2025Last Dollar370$60.89$3.19
Sep 2025Last Dollar210$63.96$2.97
Aug 2025Last Dollar130$64.86$2.91
Jul 2025Last Dollar11116$68.39$3.20
Jun 2025Last Dollar30$68.17$3.02
May 2025Last Dollar60$62.17$3.12
Apr 2025Last Dollar100$63.54$3.42
Mar 2025Last Dollar350$68.24$4.12
Feb 2025Last Dollar21160$71.53$4.19
Jan 2025Last Dollar130$75.74$4.13
Dec 2024Last Dollar100$70.12$3.01
Nov 2024Last Dollar60$69.95$2.12
Oct 2024Last Dollar150$71.99$2.20
Sep 2024Last Dollar220$70.24$2.28
Aug 2024Last Dollar200$76.68$1.99
Jul 2024Last Dollar250$81.80$2.07
Jun 2024Last Dollar300$79.77$2.54
May 2024Last Dollar26152$80.02$2.12
Apr 2024Last Dollar210$85.35$1.60
Mar 2024Last Dollar390$81.28$1.49
Feb 2024Last Dollar190$77.25$1.72
Jan 2024Last Dollar210$74.15$3.18
Dec 2023Last Dollar410$71.90$2.52
Nov 2023Last Dollar330$77.69$2.71
Oct 2023Last Dollar260$85.64$2.98
Sep 2023Last Dollar290$89.43$2.64
Aug 2023Last Dollar310$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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