Texas oil lease
ProducingUNIVERSITY FV
University FV is an oil lease in Andrews County, Texas, operated by Ring Energy, Inc. in the Emma (Devonian) field.
1 well
- Operator
- Ring Energy, Inc.
- County
- Andrews County
- Field
- Emma (Devonian)
- RRC lease
- 08-46585
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 106,130 mcf
- Oil in Jul 2026
- 1,127 bbl
Checks stopped on this lease?
- Operator
Operator changed: Ring Energy, Inc. took over from Lime Rock Resources IV-A, L.P. in Apr 2025.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output held steady over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Over 99% of the gas went to a processing plant in the last 12 months
Flaring peaked at 100.0% of the gas in Jul 2024.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
100% · 105,765 mcf
Flared (4)
0.3% · 365 mcf
0.3% of the gas flared in the last 12 months. 18 months above 3%.
Who has run this lease
The operator changed once, most recently in Apr 2025
- Ring Energy, Inc. Apr 2025 to now
- Lime Rock Resources IV-A, L.P. Jan 2020 to Mar 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-003-45935 | 1H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Sentinel Transportation, LLC | Oil | Gathers | 100 | Sep 1, 2026 | – |
| Dcp Operating Company, LP | Casinghead gas | Buys | 51 | Apr 1, 2025 | – |
| James Lake Midstream LLC | Casinghead gas | Buys | 49 | Apr 1, 2025 | – |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 51 | Apr 1, 2025 | – |
| James Lake Midstream LLC | Casinghead gas | Gathers | 49 | Apr 1, 2025 | – |
| Energy Trans Crude Marketing LLC | Oil | Gathers | 100 | Jul 1, 2022 | Sep 1, 2026 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 50 | Jul 1, 2022 | Apr 1, 2025 |
| James Lake Midstream LLC | Casinghead gas | Gathers | 50 | Jul 1, 2022 | Apr 1, 2025 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 50 | Jul 1, 2022 | Apr 1, 2025 |
| James Lake Midstream LLC | Casinghead gas | Buys | 50 | Jul 1, 2022 | Apr 1, 2025 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Apr 1, 2017 | Jul 1, 2022 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What Ring Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $95.45 | −$5.20 | $9.96 | SEC filing |
| Q1 2026 | $68.97 | −$2.54 | $4.96 | SEC filing |
| Q4 2025 | $57.47 | −$2.49 | $5.29 | SEC filing |
| Q3 2025 | $64.32 | −$1.22 | $5.22 | SEC filing |
| Q2 2025 | $62.69 | −$1.31 | $6.19 | SEC filing |
| Q1 2025 | $70.40 | −$0.19 | $9.65 | SEC filing |
SourceRing Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Ring Energy, | 1,127 | 1,088 | 8,353 | 8,353 | 0 | $80.46 | $2.89 |
| Jun 2026Ring Energy, | 1,452 | 1,596 | 10,485 | 10,485 | 0 | $84.81 | $3.15 |
| May 2026Ring Energy, | 1,250 | 1,472 | 9,197 | 9,197 | 0 | $102.13 | $2.94 |
| Apr 2026Ring Energy, | 1,536 | 1,104 | 10,702 | 10,702 | 0 | $100.32 | $2.77 |
| Mar 2026Ring Energy, | 1,589 | 1,799 | 10,710 | 10,710 | 0 | $91.38 | $3.04 |
| Feb 2026Ring Energy, | 1,465 | 1,255 | 8,394 | 8,394 | 0 | $64.51 | $3.62 |
| Jan 2026Ring Energy, | 509 | 520 | 3,893 | 3,893 | 0 | $60.04 | $7.72 |
| Dec 2025Ring Energy, | 1,628 | 1,977 | 9,929 | 9,929 | 0 | $57.97 | $4.26 |
| Nov 2025Ring Energy, | 1,105 | 1,299 | 7,298 | 7,298 | 0 | $60.06 | $3.79 |
| Oct 2025Ring Energy, | 2,296 | 2,213 | 11,553 | 11,209 | 344 | $60.89 | $3.19 |
| Sep 2025Ring Energy, | 2,118 | 1,891 | 7,933 | 7,933 | 0 | $63.96 | $2.97 |
| Aug 2025Ring Energy, | 1,770 | 1,509 | 7,683 | 7,662 | 21 | $64.86 | $2.91 |
| Jul 2025Ring Energy, | 1,803 | 2,313 | 7,349 | 7,220 | 129 | $68.39 | $3.20 |
| Jun 2025Ring Energy, | 2,471 | 2,105 | 7,031 | 4,203 | 2,828 | $68.17 | $3.02 |
| May 2025Ring Energy, | 2,579 | 2,419 | 5,471 | 1,287 | 4,184 | $62.17 | $3.12 |
| Apr 2025Ring Energy, | 788 | 926 | 2,466 | 1,338 | 1,128 | $63.54 | $3.42 |
| Mar 2025Lime Rock | 1,216 | 1,116 | 4,586 | 4,504 | 82 | $68.24 | $4.12 |
| Feb 2025Lime Rock | 1,241 | 1,297 | 4,185 | 4,160 | 25 | $71.53 | $4.19 |
| Jan 2025Lime Rock | 1,387 | 1,503 | 4,698 | 4,407 | 291 | $75.74 | $4.13 |
| Dec 2024Lime Rock | 1,363 | 1,310 | 4,625 | 4,625 | 0 | $70.12 | $3.01 |
| Nov 2024Lime Rock | 1,276 | 1,470 | 4,323 | 4,151 | 172 | $69.95 | $2.12 |
| Oct 2024Lime Rock | 1,298 | 1,273 | 4,889 | 2,896 | 1,993 | $71.99 | $2.20 |
| Sep 2024Lime Rock | 1,232 | 1,110 | 5,301 | 0 | 5,301 | $70.24 | $2.28 |
| Aug 2024Lime Rock | 1,073 | 932 | 4,352 | 0 | 4,352 | $76.68 | $1.99 |
| Jul 2024Lime Rock | 441 | 524 | 1,866 | 0 | 1,866 | $81.80 | $2.07 |
| Jun 2024Lime Rock | 1,543 | 1,909 | 5,644 | 23 | 5,621 | $79.77 | $2.54 |
| May 2024Lime Rock | 1,238 | 936 | 3,950 | 981 | 2,969 | $80.02 | $2.12 |
| Apr 2024Lime Rock | 672 | 550 | 1,662 | 885 | 777 | $85.35 | $1.60 |
| Mar 2024Lime Rock | 747 | 936 | 1,910 | 312 | 1,598 | $81.28 | $1.49 |
| Feb 2024Lime Rock | 747 | 553 | 2,090 | 1,049 | 1,041 | $77.25 | $1.72 |
| Jan 2024Lime Rock | 758 | 774 | 1,855 | 1,592 | 263 | $74.15 | $3.18 |
| Dec 2023Lime Rock | 749 | 954 | 2,260 | 1,894 | 366 | $71.90 | $2.52 |
| Nov 2023Lime Rock | 307 | 0 | 720 | 720 | 0 | $77.69 | $2.71 |
| Oct 2023Lime Rock | 19 | 196 | 96 | 96 | 0 | $85.64 | $2.98 |
| Sep 2023Lime Rock | 827 | 763 | 2,269 | 538 | 1,731 | $89.43 | $2.64 |
| Aug 2023Lime Rock | 907 | 1,129 | 2,402 | 1,067 | 1,335 | $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.
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
Ring Energy, Inc. in Andrews County
- HADES
23,742 bbl
- HEBE
23,333 bbl
- UNIVERSITY 31
20,050 bbl
- UL 13 JAFFREY
22,100 bbl
- UNIVERSITY 14SR
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- UL 10 LIVINGSTON
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- UNIVERSITY 14S
20,051 bbl
- HELIOS
19,649 bbl
- ZENA WP
17,776 bbl
Emma (Devonian) field
- UL A
26,239 bbl
- UNIVERSITY -FI-
24,081 bbl
- UL B
24,956 bbl
- UNIVERSITY 9-28 WEST UNIT
21,571 bbl
- UNIVERSITY 31
20,050 bbl
- UNIVERSITY 9-28
18,343 bbl
- UNIVERSITY FI
12,431 bbl
- UNIVERSITY FJ
15,571 bbl
- UNIVERSITY LANDS
15,115 bbl
- UNIVERSITY 1-22 UNIT
10,412 bbl
Leases within 10 km
- STATE -FY-
3,100 bbl · 0.4 km
- UNIVERSITY LANDS 42
28,204 bbl · 0.4 km
- UNIVERSITY LANDS FV
10,841 bbl · 0.4 km
- UNIVERSITY 31
20,050 bbl · 0.8 km
- STATE FV
0 bbl · 1.1 km
- UL G 9-41 UNIT
0 bbl · 1.1 km
- UNIVERSITY STATE FV
12,383 bbl · 1.2 km
- STATE FI
422 bbl · 1.2 km
- UNIVERSITY -F-
0 mcf · 1.2 km
- UNIVERSITY LANDS 31
0 bbl · 1.4 km
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