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Texas oil lease

Producing

UNIVERSITY -A-

University -A- is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the McElroy, North (Devonian) field.

2 wells

3,115bbl oil, last 12 months+3% vs prior year
RRC lease
08-29172

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
7,835 mcf
Oil in Jul 2026
249 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: R3 Operating Corporation took over from T2 Operating Corporation in Aug 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since May 30, 2026 (last P-5 filed May 27, 2025).

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 held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for UNIVERSITY -A-, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 3,115 bbl in the 12 months through Jul 2026, against 3,034 bbl in the 12 months before.Last 12 months: 3,115 bblbbl per monthmcf per month001002502005003007504001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for UNIVERSITY -A-, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 3,115 bbl in the 12 months through Jul 2026, against 3,034 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002502005003007504001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY -A- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY -A- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 3 times, most recently in Aug 2025

Operators of this lease over timeSeguro Oil and Gas, LLC, Jan 2020 to Nov 2022; Boaz Energy II Operating, LLC, Dec 2022 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Dec 2022Changed Apr 2025Changed Aug 2025Seguro Oil and Gas, LLCJan 2020 to Nov 2022Boaz Energy II Operating, LLCDec 2022 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now
Operators of this lease over timeSeguro Oil and Gas, LLC, Jan 2020 to Nov 2022; Boaz Energy II Operating, LLC, Dec 2022 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Dec 2022Changed Apr 2025Changed Aug 2025Seguro Oil and Gas, LLCJan 2020 to Nov 2022Boaz Energy II Operating, LLCDec 2022 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on UNIVERSITY -A-
API numberWell no.Status
42-103-333996Shut-in
42-103-335817Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Apr 1, 2004
Dcp Operating Company, LPCasinghead gasBuys100Mar 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Mar 1, 2017

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

320 acres on the newest permit

Permits for University -A-
API numberWell no.Acreson the permit
42-103-335817320
42-103-333996320
42-103-333996 U320

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY -A-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating2491836516510$80.46$2.89
Jun 2026R3 Operating2451825745740$84.81$3.15
May 2026R3 Operating2573627717710$102.13$2.94
Apr 2026R3 Operating2651847377370$100.32$2.77
Mar 2026R3 Operating2733697587580$91.38$3.04
Feb 2026R3 Operating2751856756750$64.51$3.62
Jan 2026R3 Operating2351867127120$60.04$7.72
Dec 2025R3 Operating2793695205200$57.97$4.26
Nov 2025R3 Operating3013707387380$60.06$3.79
Oct 2025R3 Operating2281847047040$60.89$3.19
Sep 2025R3 Operating2451824494490$63.96$2.97
Aug 2025R3 Operating2633655465460$64.86$2.91
Jul 2025T2 Operating2681851861860$68.39$3.20
Jun 2025T2 Operating2501844554550$68.17$3.02
May 2025T2 Operating265361000$62.17$3.12
Apr 2025T2 Operating1881823523520$63.54$3.42
Mar 2025Boaz Energy2453705625620$68.24$4.12
Feb 2025Boaz Energy2361842522520$71.53$4.19
Jan 2025Boaz Energy2781865455450$75.74$4.13
Dec 2024Boaz Energy265368000$70.12$3.01
Nov 2024Boaz Energy263184000$69.95$2.12
Oct 2024Boaz Energy26236618180$71.99$2.20
Sep 2024Boaz Energy2661846636630$70.24$2.28
Aug 2024Boaz Energy2483657187180$76.68$1.99
Jul 2024Boaz Energy2841865715710$81.80$2.07
Jun 2024Boaz Energy2773648868860$79.77$2.54
May 2024Boaz Energy3093648778770$80.02$2.12
Apr 2024Boaz Energy15503373370$85.35$1.60
Mar 2024Boaz Energy431303603600$81.28$1.49
Feb 2024Boaz Energy2771857907900$77.25$1.72
Jan 2024Boaz Energy3653739049040$74.15$3.18
Dec 2023Boaz Energy6403103100$71.90$2.52
Nov 2023Boaz Energy801854844840$77.69$2.71
Oct 2023Boaz Energy2241837727720$85.64$2.98
Sep 2023Boaz Energy2331846076070$89.43$2.64
Aug 2023Boaz Energy339366000$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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Nearby

R3 Operating Corporation in Crane County

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McElroy, North (Devonian) field

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