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Texas oil lease

Producing

UNIVERSITY 7-14L

University 7-14L is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

85,026bbl oil, last 12 months−48% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-60320

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
117,371 mcf
Oil in Jul 2026
6,722 bbl

Production by month

Oil output fell 48% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 7-14L, Apr 2024 to Jul 2026. Oil output fell 48% over the last 12 months. 85,026 bbl in the 12 months through Jul 2026, against 162,976 bbl in the 12 months before.Last 12 months: 85,026 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 7-14L, Apr 2024 to Jul 2026. Oil output fell 48% over the last 12 months. 85,026 bbl in the 12 months through Jul 2026, against 162,976 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 7-14L gas by disposition code each month, Apr 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 24JulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 7-14L gas by disposition code each month, Apr 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 116,819 mcf

  • Lease fuel (1)

    0.3% · 371 mcf

  • Flared (4)

    0.2% · 181 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on UNIVERSITY 7-14L
API numberWell no.Status
42-317-44907112HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Nov 14, 2023
Plains Pipeline L.p.OilGathers50Nov 14, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 14, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Nov 14, 2023

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

Who buys my oilOil price check

1,281.40 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for University 7-14L
API numberWell no.Acreson the permit
42-317-44907112H1,281.40

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

Unit decimal checker

Estimate your royalty

28 months, newest first

Ledger for UNIVERSITY 7-14L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,7226,7338,1748,017141$80.46$2.89
Jun 20264,2254,2306,2216,1868$84.81$3.15
May 20265,9895,9969,8269,7910$102.13$2.94
Apr 20266,5326,5289,5529,5190$100.32$2.77
Mar 20267,1447,13810,0029,9670$91.38$3.04
Feb 20266,0276,03311,65111,6140$64.51$3.62
Jan 20267,5297,55910,13610,07132$60.04$7.72
Dec 20257,9207,88010,39410,3620$57.97$4.26
Nov 20258,0098,01210,04710,0180$60.06$3.79
Oct 20256,7766,7998,5438,5180$60.89$3.19
Sep 20258,3718,37410,38110,3500$63.96$2.97
Aug 20259,7829,77312,44412,4060$64.86$2.91
Jul 202510,41610,43112,19412,1570$68.39$3.20
Jun 202510,73610,71712,68712,6490$68.17$3.02
May 202510,78010,78310,37510,3430$62.17$3.12
Apr 202510,80610,7837,2537,2330$63.54$3.42
Mar 20253,9834,0223,1173,1090$68.24$4.12
Feb 202510,02010,0097,9067,8830$71.53$4.19
Jan 202512,88812,90011,86511,8280$75.74$4.13
Dec 202413,84313,83314,51714,4710$70.12$3.01
Nov 202414,88414,90415,66515,6221$69.95$2.12
Oct 202418,24418,23117,30917,2680$71.99$2.20
Sep 202420,95120,97017,56017,5185$70.24$2.28
Aug 202425,42525,47019,05419,0115$76.68$1.99
Jul 202433,50633,45725,31125,25017$81.80$2.07
Jun 202434,40534,42225,04524,861140$79.77$2.54
May 202431,58631,72819,15219,07527$80.02$2.12
Apr 20244,9634,7372,8932,7460$85.35$1.60

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

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMartin County

Pioneer Natural Res. USA, Inc. in Martin County

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Spraberry (Trend Area) field

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