Texas oil lease
ProducingUNIVERSITY LAND
University Land is an oil lease in Reagan County, Texas, operated by Otb Operating, LLC in the V-Bar (San Andres) field.
1 well
- Operator
- Otb Operating, LLC
- County
- Reagan County
- Field
- V-Bar (San Andres)
- RRC lease
- 7C-03153
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 19 bbl
- Reporting since
- Jan 2020
Checks stopped on this lease?
- Operator
Operator changed: Otb Operating, LLC took over from Minute Hand LLC in Jun 2026.
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)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed 4 times, most recently in Jun 2026
- Otb Operating, LLC Jun 2026 to now
- Minute Hand LLC Apr 2024 to May 2026
- Free Rein Operating LLC Oct 2021 to Mar 2024
- Nantucket Oil, LLC Dec 2020 to Sep 2021
- Rein Pusher Operating LLC Jan 2020 to Nov 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-01688 | 1 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Dorado Oil Company | Oil | Gathers | 100 | Jun 1, 2026 | – |
| Redbud Energy Marketing LLC | Oil | Gathers | 100 | Dec 1, 2025 | Jun 1, 2026 |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Oct 1, 2021 | Dec 1, 2025 |
| Texas Energy Enterprises Mkt,llc | Oil | Gathers | 100 | Sep 1, 2019 | Oct 1, 2021 |
| Texas Energy Enterprises, LLC | Oil | Gathers | 100 | Aug 1, 2018 | Sep 1, 2019 |
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 |
|---|---|---|---|---|
| 42-383-01688 | 1 | – | Jan 12, 1984 | – |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Otb Operating, | 19 | 157 | $80.46 | $2.89 |
| Jun 2026Otb Operating, | 10 | 0 | $84.81 | $3.15 |
| May 2026Minute Hand | 12 | 0 | $102.13 | $2.94 |
| Apr 2026Minute Hand | 14 | 0 | $100.32 | $2.77 |
| Mar 2026Minute Hand | 17 | 0 | $91.38 | $3.04 |
| Feb 2026Minute Hand | 11 | 0 | $64.51 | $3.62 |
| Jan 2026Minute Hand | 14 | 0 | $60.04 | $7.72 |
| Dec 2025Minute Hand | 14 | 0 | $57.97 | $4.26 |
| Nov 2025Minute Hand | 12 | 0 | $60.06 | $3.79 |
| Oct 2025Minute Hand | 12 | 0 | $60.89 | $3.19 |
| Sep 2025Minute Hand | 15 | 0 | $63.96 | $2.97 |
| Aug 2025Minute Hand | 4 | 151 | $64.86 | $2.91 |
| Jul 2025Minute Hand | 9 | 0 | $68.39 | $3.20 |
| Jun 2025Minute Hand | 15 | 0 | $68.17 | $3.02 |
| May 2025Minute Hand | 14 | 0 | $62.17 | $3.12 |
| Apr 2025Minute Hand | 15 | 0 | $63.54 | $3.42 |
| Mar 2025Minute Hand | 15 | 0 | $68.24 | $4.12 |
| Feb 2025Minute Hand | 15 | 0 | $71.53 | $4.19 |
| Jan 2025Minute Hand | 15 | 0 | $75.74 | $4.13 |
| Dec 2024Minute Hand | 10 | 0 | $70.12 | $3.01 |
| Nov 2024Minute Hand | 11 | 0 | $69.95 | $2.12 |
| Oct 2024Minute Hand | 12 | 0 | $71.99 | $2.20 |
| Sep 2024Minute Hand | 11 | 0 | $70.24 | $2.28 |
| Aug 2024Minute Hand | 12 | 172 | $76.68 | $1.99 |
| Jul 2024Minute Hand | 16 | 0 | $81.80 | $2.07 |
| Jun 2024Minute Hand | 12 | 0 | $79.77 | $2.54 |
| May 2024Minute Hand | 10 | 0 | $80.02 | $2.12 |
| Apr 2024Minute Hand | 10 | 0 | $85.35 | $1.60 |
| Mar 2024Free Rein | 17 | 0 | $81.28 | $1.49 |
| Feb 2024Free Rein | 10 | 0 | $77.25 | $1.72 |
| Jan 2024Free Rein | 12 | 0 | $74.15 | $3.18 |
| Dec 2023Free Rein | 14 | 0 | $71.90 | $2.52 |
| Nov 2023Free Rein | 9 | 0 | $77.69 | $2.71 |
| Oct 2023Free Rein | 11 | 0 | $85.64 | $2.98 |
| Sep 2023Free Rein | 15 | 0 | $89.43 | $2.64 |
| Aug 2023Free Rein | 5 | 0 | $81.39 | $2.58 |
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
Leases within 10 km
- UNIVERSITY "19-G"
107 bbl · 0.3 km
- PHILLIPS STATE (H)
65 bbl · 0.6 km
- UNIVERSITY (H) "18G"
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- UNIVERSITY 18
2,020 bbl · 1.3 km
- BARNHART (ELLENBURGER)UNIT
4,200 bbl · 1.4 km
Drilling permits within 10 km
ULANDS 48 3-13 D #334H
new drill · horizontal · Permian Resources Operating, LLC · Reagan County · 3.9 km
Permit 0899333 · May 7, 2024
ULANDS 48 3-13 C #443H
new drill · horizontal · Permian Resources Operating, LLC · Reagan County · 3.9 km
Permit 0899332 · May 3, 2024
ULANDS 48 3-13 B #441H
new drill · horizontal · Permian Resources Operating, LLC · Reagan County · 4.2 km
Permit 0899331 · May 3, 2024
ULANDS 48 3-13 A #331H
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Permit 0899330 · May 3, 2024
UL WTG 3-233 A #331H
new drill · horizontal · Permian Resources Operating, LLC · Reagan County · 4.2 km
Permit 0899334 · May 3, 2024