Texas oil lease
Shut inUNIVERSITY -I-
University -I- is an oil lease in Andrews County, Texas, operated by Crescent Energy Operating, LLC in the Fullerton (8500) field.
2 wells
- Operator
- Crescent Energy Operating, LLC
- County
- Andrews County
- Field
- Fullerton (8500)
- RRC lease
- 08-01792
Is your check right?
Where it sits
This county
- Oil in May 2026
- 0 bbl
- Reporting since
- Jan 2020
Checks stopped on this lease?
- Operator
Operator changed: Crescent Energy Operating, LLC took over from Contango Resources, Inc. in May 2026.
- P-5
The previous operator's P-5 registration is listed as inactive since Aug 1, 2022 (last P-5 filed Nov 19, 2020).
- 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 leaseProduction by month
No production to chart
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed 3 times, most recently in May 2026
- Crescent Energy Operating, LLC May 2026 to May 2026
- Contango Resources, Inc. Dec 2021 to Dec 2021
- FDL Operating, LLC Apr 2020 to Nov 2021
- Sheridan Production Company, LLC Jan 2020 to Mar 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-003-01418 | 2 U | Active |
| 42-003-01423 | 3 U | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Eastex Crude Company, LLC | Oil | Gathers | 100 | Jan 1, 2023 | – |
| Occidental Permian Ltd. | Casinghead gas | Gathers | 100 | Feb 26, 2013 | Jan 1, 2023 |
| Occidental Permian Ltd. | Casinghead gas | Buys | 100 | May 17, 2018 | Jan 1, 2023 |
| Eastex Crude Company | Oil | Gathers | 100 | May 17, 2018 | Jan 1, 2023 |
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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-003-01418 | 2 U | – | Jan 12, 1984 | – |
| 42-003-01423 | 3 U | – | Dec 5, 1991 | – |
| 42-003-30713 | 5 | – | Feb 20, 1976 | – |
What Crescent Energy Company told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q1 2026 | $71.00 | $2.37 | $18.05 | SEC filing |
| Q4 2025 | $62.21 | $2.84 | $22.47 | SEC filing |
| Q3 2025 | $63.07 | $2.49 | $22.53 | SEC filing |
| Q2 2025 | $61.47 | $2.71 | $22.59 | SEC filing |
| Q1 2025 | $67.64 | $3.18 | $25.43 | SEC filing |
| Q4 2024 | $67.51 | $2.27 | $23.08 | SEC filing |
SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
3 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026No report | – | – | $80.46 | $2.89 |
| Jun 2026No report | – | – | $84.81 | $3.15 |
| May 2026Crescent Energy | 0 | 0 | $102.13 | $2.94 |
No report filed
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
Crescent Energy Operating, LLC in Andrews County
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