Texas oil lease
ProducingUNIVERSITY -C-
University -C- is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the McElroy field.
5 wells
- Operator
- R3 Operating Corporation
- County
- Crane County
- Field
- McElroy
- RRC lease
- 08-14974
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 5 bbl
- Reporting since
- Jan 2020
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).
- Sales
No sales reported for the last 6 months of state data (through Jul 2026).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 36% over the last 12 months
- Oil (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed 3 times, most recently in Aug 2025
- R3 Operating Corporation Aug 2025 to now
- T2 Operating Corporation Apr 2025 to Jul 2025
- Boaz Energy II Operating, LLC Dec 2022 to Mar 2025
- Seguro Oil and Gas, LLC Jan 2020 to Nov 2022
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
5 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-103-03670 | 1 | Active |
| 42-103-04198 | 4 | Active |
| 42-103-04199 | 3 | Active |
| 42-103-04200 | 2 | Active |
| 42-103-35616 | 5 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 100 | Apr 1, 2004 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Mar 1, 2017 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Mar 1, 2017 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
240.37 acres on the newest permit
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-103-35616 | 5 | Oct 20, 2008 | Mar 24, 2009 | 240.37 |
| 42-103-03670 | 1 | – | – | – |
| 42-103-04198 | 4 | – | Nov 15, 1961 | – |
| 42-103-04199 | 3 | – | Dec 20, 1960 | – |
| 42-103-04200 | 2 | – | May 9, 1960 | – |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026R3 Operating | 5 | 0 | $80.46 | $2.89 |
| Jun 2026R3 Operating | 3 | 0 | $84.81 | $3.15 |
| May 2026R3 Operating | 3 | 0 | $102.13 | $2.94 |
| Apr 2026R3 Operating | 3 | 0 | $100.32 | $2.77 |
| Mar 2026R3 Operating | 3 | 0 | $91.38 | $3.04 |
| Feb 2026R3 Operating | 3 | 0 | $64.51 | $3.62 |
| Jan 2026R3 Operating | 4 | 152 | $60.04 | $7.72 |
| Dec 2025R3 Operating | 31 | 0 | $57.97 | $4.26 |
| Nov 2025R3 Operating | 61 | 0 | $60.06 | $3.79 |
| Oct 2025R3 Operating | 37 | 0 | $60.89 | $3.19 |
| Sep 2025R3 Operating | 4 | 0 | $63.96 | $2.97 |
| Aug 2025R3 Operating | 12 | 0 | $64.86 | $2.91 |
| Jul 2025T2 Operating | 0 | 0 | $68.39 | $3.20 |
| Jun 2025T2 Operating | 0 | 0 | $68.17 | $3.02 |
| May 2025T2 Operating | 0 | 9 | $62.17 | $3.12 |
| Apr 2025T2 Operating | 13 | 156 | $63.54 | $3.42 |
| Mar 2025Boaz Energy | 41 | 0 | $68.24 | $4.12 |
| Feb 2025Boaz Energy | 31 | 0 | $71.53 | $4.19 |
| Jan 2025Boaz Energy | 9 | 0 | $75.74 | $4.13 |
| Dec 2024Boaz Energy | 13 | 0 | $70.12 | $3.01 |
| Nov 2024Boaz Energy | 33 | 0 | $69.95 | $2.12 |
| Oct 2024Boaz Energy | 41 | 167 | $71.99 | $2.20 |
| Sep 2024Boaz Energy | 42 | 0 | $70.24 | $2.28 |
| Aug 2024Boaz Energy | 43 | 0 | $76.68 | $1.99 |
| Jul 2024Boaz Energy | 41 | 0 | $81.80 | $2.07 |
| Jun 2024Boaz Energy | 38 | 163 | $79.77 | $2.54 |
| May 2024Boaz Energy | 44 | 0 | $80.02 | $2.12 |
| Apr 2024Boaz Energy | 35 | 0 | $85.35 | $1.60 |
| Mar 2024Boaz Energy | 17 | 0 | $81.28 | $1.49 |
| Feb 2024Boaz Energy | 39 | 0 | $77.25 | $1.72 |
| Jan 2024Boaz Energy | 14 | 0 | $74.15 | $3.18 |
| Dec 2023Boaz Energy | 45 | 157 | $71.90 | $2.52 |
| Nov 2023Boaz Energy | 45 | 0 | $77.69 | $2.71 |
| Oct 2023Boaz Energy | 26 | 0 | $85.64 | $2.98 |
| Sep 2023Boaz Energy | 10 | 0 | $89.43 | $2.64 |
| Aug 2023Boaz Energy | 30 | 173 | $81.39 | $2.58 |
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
R3 Operating Corporation in Crane County
- UNIVERSITY "J"
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- DAWSON 78 B
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- PEAK VICTOR 12
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- AAKER 75-76
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- AAKER 73
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- PURE-UNIVERSITY
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- PEAK VICTOR 2-3
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McElroy field
- DAVEY, M. A.
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- GILLAND
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- MCRAE
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- MCCLINTIC
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- MCCLINTIC, C. A.
183 bbl
- WORTHAM
146 bbl
- CODY BELL, JR. -B-
119 bbl
- COWDEN 26
2,479 mcf
- WORTHAM
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- SABO, A. J. -A-
47 bbl
Leases within 10 km
- NORTH MCELROY UNIT
409,127 bbl · 0.4 km
- UNIVERSITY -B-
146 bbl · 0.8 km
- UNIVERSITY -F-
0 bbl · 0.8 km
- MAGNOLIA-UNIVERSITY
2,913 bbl · 0.8 km
- UNIVERSITY -A-
0 bbl · 1.2 km
- UNIVERSITY -25-
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- PURE-UNIVERSITY -B-
875 bbl · 1.3 km
- PURE-UNIVERSITY -A-
1,281 bbl · 1.4 km
- UNIVERSITY -A-
3,115 bbl · 1.6 km
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