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Texas oil lease

Producing

UNIVERSITY CR 31-19 LB

University CR 31-19 LB is an oil lease in Reagan County, Texas, operated by RP Operating, L.L.C. in the Spraberry (Trend Area) field.

1 well

56,257bbl oil, since Dec 2025
Operator
RP Operating, L.L.C.
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-23502

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, since Dec 2025
105,864 mcf
Oil in Jul 2026
4,047 bbl
First check

Production started December 2025; the first check is due by about April 30, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output fell 53% since Dec 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 53% since Dec 2025Monthly oil production and gas for UNIVERSITY CR 31-19 LB, Dec 2025 to Jul 2026. Oil output fell 53% since Dec 2025. Monthly average of 4,537 bbl in the latest 3 months, against 9,632 bbl in the first 3.bbl per monthmcf per month005,0005,00010k10k15k15k20k20kOct 25Jan 26AprJul
Oil output fell 53% since Dec 2025Monthly oil production and gas for UNIVERSITY CR 31-19 LB, Dec 2025 to Jul 2026. Oil output fell 53% since Dec 2025. Monthly average of 4,537 bbl in the latest 3 months, against 9,632 bbl in the first 3.bbl per monthmcf per month005,0005,00010k10k15k15k20k20kJan 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 8 months reported

All of the gas went to a processing plant in the 8 months reportedShare of UNIVERSITY CR 31-19 LB gas by disposition code each month, Dec 2025 to Jul 2026. All of the gas went to a processing plant in the 8 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
All of the gas went to a processing plant in the 8 months reportedShare of UNIVERSITY CR 31-19 LB gas by disposition code each month, Dec 2025 to Jul 2026. All of the gas went to a processing plant in the 8 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY CR 31-19 LB
API numberWell no.Status
42-383-420493HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Pipeline LLCOilGathers100Dec 9, 2025
Targa Pipeline Mid-Continent LLCCasinghead gasBuys100Dec 9, 2025
Targa Pipeline Mid-Continent LLCCasinghead gasGathers100Dec 9, 2025

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

Who buys my oilOil price check

1,630.17 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

Check your decimal on this lease
Permits for University CR 31-19 LB
API numberWell no.Acreson the permit
42-383-420493H1,630.17

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

Unit decimal checker

Estimate your royalty

8 months, newest first

Ledger for UNIVERSITY CR 31-19 LB
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,0474,04712,20212,2020$80.46$2.89
Jun 20264,6074,60713,23613,2360$84.81$3.15
May 20264,9584,95814,05514,0550$102.13$2.94
Apr 20265,8785,87815,35915,3590$100.32$2.77
Mar 20267,8727,87217,17517,1750$91.38$3.04
Feb 202610,06310,06318,72618,7260$64.51$3.62
Jan 202614,12414,12412,70312,7030$60.04$7.72
Dec 20254,7084,7082,4082,4080$57.97$4.26

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

OperatorRP Operating, L.L.C.FieldSpraberry (Trend Area)CountyReagan County

RP Operating, L.L.C. in Reagan County

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Spraberry (Trend Area) field

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