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Texas oil lease

Producing

UNIVERSITY DEVONIAN A 37

University Devonian A 37 is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Block 31 (Penn. 7620) field.

1 well

2,210bbl oil, last 12 months+1% vs prior year
RRC lease
08-44504

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
7,271 mcf
Oil in Jul 2026
153 bbl

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 DEVONIAN A 37, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 2,210 bbl in the 12 months through Jul 2026, against 2,180 bbl in the 12 months before.Last 12 months: 2,210 bblbbl per monthmcf per month001005002001,0003001,5004002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for UNIVERSITY DEVONIAN A 37, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 2,210 bbl in the 12 months through Jul 2026, against 2,180 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

72% of the gas went to a transmission line in the last 12 months

Flaring peaked at 82.5% of the gas in Jun 2026.

  • Transmission line (2)
  • Flared (4)
72% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY DEVONIAN A 37 gas by disposition code each month, Aug 2023 to Jul 2026. 72% of the gas went to a transmission line in the last 12 months. Flaring peaked at 82.5% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 82.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
72% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY DEVONIAN A 37 gas by disposition code each month, Aug 2023 to Jul 2026. 72% of the gas went to a transmission line in the last 12 months. Flaring peaked at 82.5% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 82.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    72% · 5,216 mcf

  • Flared (4)

    28% · 2,055 mcf

28.3% of the gas flared in the last 12 months. 14 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Nov 2023

Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Nov 2023Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Nov 2023Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY DEVONIAN A 37
API numberWell no.Status
42-103-360036Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers80Jan 1, 2023–
Shell Trading (Us) CompanyOilGathers20Jan 1, 2023–
Targa Midstream Services LLCCasinghead gasBuys100Jan 1, 2023–
Targa Midstream Services LLCCasinghead gasGathers100Apr 16, 2013–
Targa Midstream Services LLCCasinghead gasBuys100Apr 16, 2013Jan 1, 2023
Plains Marketing, L.p.OilGathers100Apr 16, 2013Jan 1, 2023

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

640 acres on the newest permit

Permits for University Devonian A 37
API numberWell no.Acreson the permit
42-103-360036640

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY DEVONIAN A 37
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations15312862654086$80.46$2.89
Jun 2026Formentera Operations150181571100471$84.81$3.15
May 2026Formentera Operations154118549159390$102.13$2.94
Apr 2026Formentera Operations133183560430130$100.32$2.77
Mar 2026Formentera Operations1831856886826$91.38$3.04
Feb 2026Formentera Operations18416764962821$64.51$3.62
Jan 2026Formentera Operations2082236726639$60.04$7.72
Dec 2025Formentera Operations243220580337243$57.97$4.26
Nov 2025Formentera Operations186190547347200$60.06$3.79
Oct 2025Formentera Operations178181533158375$60.89$3.19
Sep 2025Formentera Operations222235536435101$63.96$2.97
Aug 2025Formentera Operations21619176073723$64.86$2.91
Jul 2025Formentera Operations2042096836776$68.39$3.20
Jun 2025Formentera Operations2092126166079$68.17$3.02
May 2025Formentera Operations15415166257884$62.17$3.12
Apr 2025Formentera Operations190219726512214$63.54$3.42
Mar 2025Formentera Operations1841588298290$68.24$4.12
Feb 2025Formentera Operations1591397687680$71.53$4.19
Jan 2025Formentera Operations18320079077515$75.74$4.13
Dec 2024Formentera Operations192176726451275$70.12$3.01
Nov 2024Formentera Operations17317972971712$69.95$2.12
Oct 2024Formentera Operations19919685879266$71.99$2.20
Sep 2024Formentera Operations1621698998927$70.24$2.28
Aug 2024Formentera Operations1711779379370$76.68$1.99
Jul 2024Formentera Operations1691728858850$81.80$2.07
Jun 2024Formentera Operations1521426396390$79.77$2.54
May 2024Formentera Operations1601527587580$80.02$2.12
Apr 2024Formentera Operations1771887647640$85.35$1.60
Mar 2024Formentera Operations1541421,2291,2290$81.28$1.49
Feb 2024Formentera Operations1511561,6711,6710$77.25$1.72
Jan 2024Formentera Operations1441437467460$74.15$3.18
Dec 2023Formentera Operations1561408378370$71.90$2.52
Nov 2023Formentera Operations1301437907900$77.69$2.71
Oct 2023Slant Operating,1772108318310$85.64$2.98
Sep 2023Slant Operating,2612571,01099911$89.43$2.64
Aug 2023Slant Operating,3083341,01199120$81.39$2.58

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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