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Texas oil lease

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UNIVERSITY A

University A is an oil lease in Crockett County, Texas, operated by Petx Operating LLC in the Block 38 (Ellenburger) field.

1 well

3,630bbl oil, last 12 months−9% vs prior year
RRC lease
7C-13247

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
2,802 mcf
Oil in Jun 2026
370 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Petx Operating LLC took over from Iron Orchard Operating LLC in Jun 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 9% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for UNIVERSITY A, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 3,250 bbl in the 12 months through Jul 2026, against 3,582 bbl in the 12 months before.Last 12 months: 3,250 bblbbl per monthmcf per month002005004001,0006001,5008002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for UNIVERSITY A, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 3,250 bbl in the 12 months through Jul 2026, against 3,582 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2025 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 59.0% of the gas in Sep 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2025 the lease's gas goes to a processing plant instead of lease fuelShare of UNIVERSITY A gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 59.0% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2025: fuel to plantFlared 59.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2025 the lease's gas goes to a processing plant instead of lease fuelShare of UNIVERSITY A gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 59.0% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Mar 25: fuel to plantFlared 59.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    87% · 7,626 mcf

  • Flared (4)

    6.7% · 591 mcf

  • Lease fuel (1)

    6.6% · 584 mcf

6.7% of the gas flared in the last 12 months. 8 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Jun 2025

Operators of this lease over timeOsborn Heirs Company, Jan 2020 to May 2023; Iron Orchard Operating LLC, Jun 2023 to May 2025; Petx Operating LLC, Jun 2025 to Jun 20262020202120222023202420252026Changed Jun 2023Changed Jun 2025Osborn Heirs CompanyJan 2020 to May 2023Iron Orchard Operating LLCJun 2023 to May 2025Petx Operating LLCJun 2025 to now
Operators of this lease over timeOsborn Heirs Company, Jan 2020 to May 2023; Iron Orchard Operating LLC, Jun 2023 to May 2025; Petx Operating LLC, Jun 2025 to Jun 20262020202120222023202420252026Changed Jun 2023Changed Jun 2025Osborn Heirs CompanyJan 2020 to May 2023Iron Orchard Operating LLCJun 2023 to May 2025Petx Operating LLCJun 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY A
API numberWell no.Status
42-105-360641Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Dec 1, 2008–
Targa Midstream Services LLCCasinghead gasBuys100Jun 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011Jun 1, 2025

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

84.55 acres on the newest permit

Permits for University A
API numberWell no.Acreson the permit
42-105-36064184.55

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 2026No report–––––$80.46$2.89
Jun 2026Petx Operating370370000$84.81$3.15
May 2026Petx Operating104123000$102.13$2.94
Apr 2026Petx Operating166356000$100.32$2.77
Mar 2026Petx Operating3883669809800$91.38$3.04
Feb 2026Petx Operating5404199309300$64.51$3.62
Jan 2026Petx Operating3743668928920$60.04$7.72
Dec 2025Petx Operating281479000$57.97$4.26
Nov 2025Petx Operating181115000$60.06$3.79
Oct 2025Petx Operating246366000$60.89$3.19
Sep 2025Petx Operating380127000$63.96$2.97
Aug 2025Petx Operating220249000$64.86$2.91
Jul 2025Petx Operating380249000$68.39$3.20
Jun 2025Petx Operating368367000$68.17$3.02
May 2025Iron Orchard4113685373940$62.17$3.12
Apr 2025Iron Orchard3583744334090$63.54$3.42
Mar 2025Iron Orchard4697333083080$68.24$4.12
Feb 2025Iron Orchard48125711200$71.53$4.19
Jan 2025Iron Orchard3743791,081366591$75.74$4.13
Dec 2024Iron Orchard3553789619610$70.12$3.01
Nov 2024Iron Orchard87306235730$69.95$2.12
Oct 2024Iron Orchard121309828970$71.99$2.20
Sep 2024Iron Orchard93939629160$70.24$2.28
Aug 2024Iron Orchard85921,5931,255175$76.68$1.99
Jul 2024Iron Orchard1441869488960$81.80$2.07
Jun 2024Iron Orchard138921,0589860$79.77$2.54
May 2024Iron Orchard102911,2221,1240$80.02$2.12
Apr 2024Iron Orchard2403771,0449850$85.35$1.60
Mar 2024Iron Orchard1991841,1221,0560$81.28$1.49
Feb 2024Iron Orchard1501,13593878$77.25$1.72
Jan 2024Iron Orchard95731,4411,24165$74.15$3.18
Dec 2023Iron Orchard43078767644$71.90$2.52
Nov 2023Iron Orchard4521830110580$77.69$2.71
Oct 2023Iron Orchard159751,7471,084507$85.64$2.98
Sep 2023Iron Orchard183146788158465$89.43$2.64
Aug 2023Iron Orchard7004292430$81.39$2.58

No report filed Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Block 38 (Ellenburger) field

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