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Texas oil lease

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UNIVERSITY -K-

University -K- is an oil lease in Crockett County, Texas, operated by Extex Operating Company in the Farmer (San Andres) field.

9 wells

190bbl oil, last 12 months−39% vs prior year
Operator
Extex Operating Company
County
Crockett County
Field
Farmer (San Andres)
RRC lease
7C-00461

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
1,144 mcf
Oil in Jul 2026
16 bbl

Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -K-, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 190 bbl in the 12 months through Jul 2026, against 310 bbl in the 12 months before.Last 12 months: 190 bblbbl per monthmcf per month00502501005001507502001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -K-, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 190 bbl in the 12 months through Jul 2026, against 310 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of UNIVERSITY -K- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of UNIVERSITY -K- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 35 months above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

9 wells on this lease

Wells on UNIVERSITY -K-
API numberWell no.Status
42-105-023211Active
42-105-023302Active
42-105-023403Active
42-105-023494Shut-in
42-105-352965Shut-in
42-105-370886Active
42-105-370907Active
42-105-370918Shut-in
42-105-372009Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oasis Transp & Marketing Corp.OilGathers100May 1, 2026–
Davis Gas Processing, Inc.Casinghead gasGathers100Apr 1, 2006May 1, 2026
Davis Gas Processing, Inc.Casinghead gasBuys100Apr 1, 2006May 1, 2026
Plains Marketing, L.p.OilGathers100Jul 1, 2000May 1, 2026
Nominator Not Required / Swr 31Casinghead gasNominates100Nov 1, 1999Feb 1, 2021

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

Who buys my oilOil price check

160 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160 and 166 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    9 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for University -K-
API numberWell no.Acreson the permit
42-105-370886160
42-105-372009160
42-105-370907160
42-105-370918160
42-105-352965166
42-105-023211–
42-105-023302–
42-105-023403–
42-105-023494–

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

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36 months, newest first

Ledger for UNIVERSITY -K-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating16131000100$80.46$2.89
Jun 2026Extex Operating151698098$84.81$3.15
May 2026Extex Operating161098098$102.13$2.94
Apr 2026Extex Operating151595095$100.32$2.77
Mar 2026Extex Operating152296096$91.38$3.04
Feb 2026Extex Operating171186086$64.51$3.62
Jan 2026Extex Operating12111000100$60.04$7.72
Dec 2025Extex Operating15191000100$57.97$4.26
Nov 2025Extex Operating171595095$60.06$3.79
Oct 2025Extex Operating192293093$60.89$3.19
Sep 2025Extex Operating171493093$63.96$2.97
Aug 2025Extex Operating161790090$64.86$2.91
Jul 2025Extex Operating161897097$68.39$3.20
Jun 2025Extex Operating151188088$68.17$3.02
May 2025Extex Operating212395095$62.17$3.12
Apr 2025Extex Operating181892092$63.54$3.42
Mar 2025Extex Operating191793093$68.24$4.12
Feb 2025Extex Operating182178078$71.53$4.19
Jan 2025Extex Operating191789089$75.74$4.13
Dec 2024Extex Operating202189089$70.12$3.01
Nov 2024Extex Operating242292092$69.95$2.12
Oct 2024Extex Operating242997097$71.99$2.20
Sep 2024Extex Operating27671350135$70.24$2.28
Aug 2024Extex Operating89854390439$76.68$1.99
Jul 2024Extex Operating1011044270427$81.80$2.07
Jun 2024Extex Operating961024380438$79.77$2.54
May 2024Extex Operating107834390439$80.02$2.12
Apr 2024Extex Operating1071514480448$85.35$1.60
Mar 2024Extex Operating120150000$81.28$1.49
Feb 2024Extex Operating128914940494$77.25$1.72
Jan 2024Extex Operating112844900490$74.15$3.18
Dec 2023Extex Operating1461534910491$71.90$2.52
Nov 2023Extex Operating1321675590559$77.69$2.71
Oct 2023Extex Operating128866510651$85.64$2.98
Sep 2023Extex Operating1201387140714$89.43$2.64
Aug 2023Extex Operating1791919140914$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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Nearby

This lease belongs to

OperatorExtex Operating CompanyFieldFarmer (San Andres)CountyCrockett County

Extex Operating Company in Crockett County

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Farmer (San Andres) field

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