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Texas oil lease

Producing

UNIVERSITY CAROLINE

University Caroline is an oil lease in Reagan County, Texas, operated by Extex Operating Company in the Spraberry (Trend Area) field.

1 well

644bbl oil, last 12 months−12% vs prior year
Operator
Extex Operating Company
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-15303

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
2,021 mcf
Oil in Jul 2026
39 bbl

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for UNIVERSITY CAROLINE, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 644 bbl in the 12 months through Jul 2026, against 730 bbl in the 12 months before.Last 12 months: 644 bblbbl per monthmcf per month0050100100200150300200400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for UNIVERSITY CAROLINE, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 644 bbl in the 12 months through Jul 2026, against 730 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY CAROLINE gas by disposition code each month, Aug 2023 to Jul 2026. All 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY CAROLINE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 once, most recently in Apr 2021

Operators of this lease over timePbex Operations, LLC, Jan 2020 to Mar 2021; Extex Operating Company, Apr 2021 to Jul 20262020202120222023202420252026Changed Apr 2021Pbex Operations, LLCJan 2020 to Mar 2021Extex Operating CompanyApr 2021 to now
Operators of this lease over timePbex Operations, LLC, Jan 2020 to Mar 2021; Extex Operating Company, Apr 2021 to Jul 20262020202120222023202420252026Changed Apr 2021Pbex Operations, LLCJan 2020 to Mar 2021Extex Operating CompanyApr 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY CAROLINE
API numberWell no.Status
42-383-352231Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Echo Canyon Energy Prd Sply, LLCOilGathers100Sep 1, 2026–
Mv Purchasing, LLCOilGathers100Jul 1, 2026Sep 1, 2026
Davis Gas Processing, Inc.Casinghead gasGathers100Aug 1, 2011Jul 1, 2026
Davis Gas Processing, Inc.Casinghead gasBuys100Aug 1, 2011Jul 1, 2026
Plains Marketing, L.p.OilGathers100Jan 1, 2016Jul 1, 2026

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

Who buys my oilOil price check

320 acres on the newest permit

Check your decimal on this lease
Permits for University Caroline
API numberWell no.Acreson the permit
42-383-352231320

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

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36 months, newest first

Ledger for UNIVERSITY CAROLINE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating39341641640$80.46$2.89
Jun 2026Extex Operating43361701700$84.81$3.15
May 2026Extex Operating48721771770$102.13$2.94
Apr 2026Extex Operating44361701700$100.32$2.77
Mar 2026Extex Operating48371781780$91.38$3.04
Feb 2026Extex Operating62731641640$64.51$3.62
Jan 2026Extex Operating47371741740$60.04$7.72
Dec 2025Extex Operating70681741740$57.97$4.26
Nov 2025Extex Operating64701691690$60.06$3.79
Oct 2025Extex Operating70681351350$60.89$3.19
Sep 2025Extex Operating64731831830$63.96$2.97
Aug 2025Extex Operating45351631630$64.86$2.91
Jul 2025Extex Operating33351541540$68.39$3.20
Jun 2025Extex Operating37991501500$68.17$3.02
May 2025Extex Operating6601741740$62.17$3.12
Apr 2025Extex Operating64711591590$63.54$3.42
Mar 2025Extex Operating67731331330$68.24$4.12
Feb 2025Extex Operating60691111110$71.53$4.19
Jan 2025Extex Operating77711001000$75.74$4.13
Dec 2024Extex Operating66741581580$70.12$3.01
Nov 2024Extex Operating65681611610$69.95$2.12
Oct 2024Extex Operating76711691690$71.99$2.20
Sep 2024Extex Operating64371591590$70.24$2.28
Aug 2024Extex Operating55741561560$76.68$1.99
Jul 2024Extex Operating56361551550$81.80$2.07
Jun 2024Extex Operating811071561560$79.77$2.54
May 2024Extex Operating50361171170$80.02$2.12
Apr 2024Extex Operating69921391390$85.35$1.60
Mar 2024Extex Operating968741410$81.28$1.49
Feb 2024Extex Operating909112120$77.25$1.72
Jan 2024Extex Operating1029214140$74.15$3.18
Dec 2023Extex Operating1059176760$71.90$2.52
Nov 2023Extex Operating1431351881880$77.69$2.71
Oct 2023Extex Operating56881471470$85.64$2.98
Sep 2023Extex Operating80911001000$89.43$2.64
Aug 2023Extex Operating108912692690$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

This lease belongs to

OperatorExtex Operating CompanyFieldSpraberry (Trend Area)CountyReagan County

Extex Operating Company in Reagan County

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Spraberry (Trend Area) field

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