Texas oil lease
ProducingUNIVERSITY 49-1
University 49-1 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.
Oil lease dossier
- Operator
- Permian Resources Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-20649
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 80,918 mcf
- Oil in Jul 2026
- 502 bbl
Other leases named University 49-1
- 7C-20649, oil leaseThis leaseProducing5,707 bbllast 12 reported months
- 7C-18586, oil leaseNo report in 6+ months1,381 bbllast 12 reported monthsRun by Sable Permian Resources, LLC
Production by month
Oil output held steady over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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 34.2% of the gas in Apr 2026.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
85% · 68,534 mcf
Lease fuel (1)
13% · 10,808 mcf
Flared (4)
1.9% · 1,576 mcf
1.9% of the gas flared in the last 12 months. 4 months above 3%.
Who has run this lease
The operator changed 3 times, most recently in Nov 2023
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC May 2022 to Oct 2023
- FDL Operating, LLC Feb 2021 to Apr 2022
- Sable Permian Resources, LLC Mar 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 100 | Jun 1, 2022 | – |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Mar 1, 2020 | Nov 1, 2023 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | Mar 1, 2020 | Nov 1, 2023 |
| Shell Trading (Us) Company | Oil | Gathers | 100 | Mar 1, 2020 | Jun 1, 2022 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
334.40 acres on the newest permit
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-38670 | 4H | Mar 21, 2014 | Sep 7, 2014 | 334.40 |
| 42-383-38627 | 5H | Feb 5, 2014 | May 28, 2014 | 334.40 |
| 42-383-38628 | 6H | Feb 5, 2014 | May 24, 2014 | 334.40 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 502 | 607 | 6,808 | 6,064 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 496 | 305 | 8,707 | 7,687 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 131 | 327 | 2,016 | 1,539 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 365 | 320 | 4,601 | 2,208 | 1,575 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 528 | 537 | 6,753 | 5,962 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 527 | 530 | 6,367 | 5,638 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 553 | 527 | 7,085 | 6,272 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 552 | 569 | 7,836 | 6,897 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 498 | 448 | 7,438 | 6,334 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 369 | 438 | 6,498 | 5,179 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 588 | 824 | 8,876 | 7,843 | 1 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 598 | 384 | 7,933 | 6,911 | 0 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 438 | 517 | 6,810 | 6,110 | 0 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 473 | 369 | 6,472 | 5,698 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 414 | 700 | 5,479 | 4,871 | 0 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 647 | 380 | 8,599 | 7,294 | 0 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 410 | 660 | 6,144 | 5,463 | 0 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 325 | 219 | 5,179 | 4,531 | 0 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 613 | 573 | 7,381 | 6,377 | 0 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 433 | 272 | 6,427 | 5,671 | 0 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 434 | 374 | 5,368 | 5,368 | 0 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 422 | 533 | 5,399 | 5,394 | 5 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 563 | 452 | 6,550 | 6,541 | 9 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 507 | 641 | 6,248 | 6,200 | 48 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 556 | 524 | 8,294 | 8,271 | 23 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 517 | 811 | 7,163 | 7,160 | 3 | $79.77 | $2.54 |
| May 2024Permian Resources | 839 | 520 | 9,511 | 9,222 | 289 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 345 | 343 | 8,493 | 8,453 | 40 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 631 | 747 | 9,495 | 9,475 | 20 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 617 | 550 | 9,802 | 9,802 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 589 | 748 | 9,563 | 9,563 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 610 | 394 | 9,478 | 9,478 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 487 | 489 | 8,157 | 8,157 | 0 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 587 | 607 | 9,219 | 9,190 | 29 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 591 | 513 | 9,254 | 8,017 | 1,237 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 504 | 517 | 8,967 | 8,490 | 477 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Permian Resources Operating, LLC in Reagan County
- RCR 180-197 ALLOC 03
795 bbl
- CHICO EAST ALLOCATION A
6,832 bbl
- WOODS 218
815 bbl
- UNIVERSITY OWENS 'A' 1-6
764 bbl
- LOFTIN HUGHES 13-1212
8,448 bbl
- BOOTHE 236-6
600 bbl
- HICKMAN 206-223 ALLOC C3
2,546 bbl
- UNIVERSITY 48A
6,871 bbl
- CHICO WEST 2-1
7,458 bbl
Spraberry (Trend Area) field
- ROCKER B "67"
8,394 bbl
- POWELL 26B
5,421 bbl
- NEAL RANCH '38' B UNIT
6,466 bbl
- TXL '15'
8,159 bbl
- PIZARRO
849 bbl
- FUCHS D 46-39 (ALLOC-G)
5,080 bbl
- GIDDINGS-MORGAN 4B
8,974 bbl
- BOOTHE 236-6
600 bbl
- ORELLANA 'E'
902 bbl
- HUGHES Y
3,662 bbl
New drilling permits in Reagan County
Newest in the county: this lease has no coordinates.
HILL WEST G 28-35 #4407H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918897 · Sep 25, 2026
HILL WEST G 28-35 #4207H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918898 · Sep 25, 2026
HILL WEST E 28-35 #4605H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918891 · Sep 25, 2026
HILL WEST E 28-35 #4305H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918894 · Sep 25, 2026
HILL WEST C 28-35 #4403H
new drill · horizontal · De Central Operating, LLC · Reagan County
Permit 0918888 · Sep 25, 2026