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Texas oil lease

Producing

UNIVERSITY 7-14LL

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

1 well

63,377bbl oil, last 12 months−49% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-60088

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
187,996 mcf
Oil in Jul 2026
4,891 bbl

Production by month

Oil output fell 49% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 49% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 7-14LL, May 2024 to Jul 2026. Oil output fell 49% over the last 12 months. 63,377 bbl in the 12 months through Jul 2026, against 124,754 bbl in the 12 months before.Last 12 months: 63,377 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 49% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 7-14LL, May 2024 to Jul 2026. Oil output fell 49% over the last 12 months. 63,377 bbl in the 12 months through Jul 2026, against 124,754 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJul 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 7-14LL gas by disposition code each month, May 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%Jul 24OctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 7-14LL gas by disposition code each month, May 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% · 187,058 mcf

  • Lease fuel (1)

    0.3% · 604 mcf

  • Flared (4)

    0.2% · 334 mcf

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

1 well on this lease

Wells on UNIVERSITY 7-14LL
API numberWell no.Status
42-317-44957212HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Sep 20, 2023
Plains Pipeline L.p.OilGathers50Sep 20, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Sep 20, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Sep 20, 2023

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

Who buys my oilOil price check

1,121.20 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 7-14LL
API numberWell no.Acreson the permit
42-317-44957212H1,121.20

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

Unit decimal checker

Estimate your royalty

27 months, newest first

Ledger for UNIVERSITY 7-14LL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,8914,90115,02314,724268$80.46$2.89
Jun 20263,4793,48111,85011,78316$84.81$3.15
May 20264,3374,34316,16016,1020$102.13$2.94
Apr 20265,0175,01115,05014,9970$100.32$2.77
Mar 20264,5994,59814,90014,8460$91.38$3.04
Feb 20264,7474,74914,60214,5550$64.51$3.62
Jan 20265,1025,11915,63315,53250$60.04$7.72
Dec 20254,8964,87415,03314,9860$57.97$4.26
Nov 20256,3626,37018,27518,2210$60.06$3.79
Oct 20257,3057,32520,05219,9910$60.89$3.19
Sep 20257,9237,90319,78319,7220$63.96$2.97
Aug 20254,7194,72711,63511,5990$64.86$2.91
Jul 20258,3078,31519,38419,3240$68.39$3.20
Jun 20257,6687,66017,79817,7440$68.17$3.02
May 20259,5379,54020,65820,5910$62.17$3.12
Apr 20259,7709,77520,12220,0630$63.54$3.42
Mar 20259,9409,95418,70018,6460$68.24$4.12
Feb 20259,7969,77716,09116,0430$71.53$4.19
Jan 202510,18410,17514,56214,5150$75.74$4.13
Dec 20246,1736,1688,1598,1330$70.12$3.01
Nov 20246,6856,7139,8399,8111$69.95$2.12
Oct 202413,49513,48420,45020,4000$71.99$2.20
Sep 202414,94014,95422,92622,8697$70.24$2.28
Aug 202418,25918,28424,81224,7536$76.68$1.99
Jul 202421,87421,83922,66022,60316$81.80$2.07
Jun 202420,75120,74217,47117,34199$79.77$2.54
May 202412,15712,1259,7919,75014$80.02$2.12

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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