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UNIVERSITY -F-

University -F- is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the McElroy field.

2 wells

0bbl oil, last 12 months
Field
McElroy
RRC lease
08-18172

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Oil in Jul 2026
0 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 12 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 lease

Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production for UNIVERSITY -F-, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Feb 2025, at 2 bbl.Last 12 months: 0 bblbbl per month0510152025Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production for UNIVERSITY -F-, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Feb 2025, at 2 bbl.Last 12 monthsbbl per month0510152025Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed 3 times, most recently in Aug 2025

Operators of this lease over timeSeguro Oil and Gas, LLC, Jan 2020 to Nov 2022; Boaz Energy II Operating, LLC, Dec 2022 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Dec 2022Changed Apr 2025Changed Aug 2025Seguro Oil and Gas, LLCJan 2020 to Nov 2022Boaz Energy II Operating, LLCDec 2022 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now
Operators of this lease over timeSeguro Oil and Gas, LLC, Jan 2020 to Nov 2022; Boaz Energy II Operating, LLC, Dec 2022 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Dec 2022Changed Apr 2025Changed Aug 2025Seguro Oil and Gas, LLCJan 2020 to Nov 2022Boaz Energy II Operating, LLCDec 2022 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on UNIVERSITY -F-
API numberWell no.Status
42-103-039512Active
42-103-817321Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Apr 1, 2004

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for University -F-
API numberWell no.Acreson the permit
42-103-039512–
42-103-0395129–
42-103-0395327–
42-103-817321–

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY -F-
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating00$80.46$2.89
Jun 2026R3 Operating00$84.81$3.15
May 2026R3 Operating00$102.13$2.94
Apr 2026R3 Operating00$100.32$2.77
Mar 2026R3 Operating00$91.38$3.04
Feb 2026R3 Operating00$64.51$3.62
Jan 2026R3 Operating00$60.04$7.72
Dec 2025R3 Operating00$57.97$4.26
Nov 2025R3 Operating00$60.06$3.79
Oct 2025R3 Operating00$60.89$3.19
Sep 2025R3 Operating00$63.96$2.97
Aug 2025R3 Operating00$64.86$2.91
Jul 2025T2 Operating00$68.39$3.20
Jun 2025T2 Operating00$68.17$3.02
May 2025T2 Operating074$62.17$3.12
Apr 2025T2 Operating00$63.54$3.42
Mar 2025Boaz Energy00$68.24$4.12
Feb 2025Boaz Energy20$71.53$4.19
Jan 2025Boaz Energy00$75.74$4.13
Dec 2024Boaz Energy00$70.12$3.01
Nov 2024Boaz Energy00$69.95$2.12
Oct 2024Boaz Energy00$71.99$2.20
Sep 2024Boaz Energy00$70.24$2.28
Aug 2024Boaz Energy240$76.68$1.99
Jul 2024Boaz Energy20$81.80$2.07
Jun 2024Boaz Energy70$79.77$2.54
May 2024Boaz Energy130$80.02$2.12
Apr 2024Boaz Energy858$85.35$1.60
Mar 2024Boaz Energy150$81.28$1.49
Feb 2024Boaz Energy130$77.25$1.72
Jan 2024Boaz Energy130$74.15$3.18
Dec 2023Boaz Energy1356$71.90$2.52
Nov 2023Boaz Energy140$77.69$2.71
Oct 2023Boaz Energy150$85.64$2.98
Sep 2023Boaz Energy140$89.43$2.64
Aug 2023Boaz Energy110$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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R3 Operating Corporation in Crane County

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