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Producing

UNIVERSITY LANDS 25-B

University Lands 25-B is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the McElroy field.

1 well

5,066bbl oil, last 12 months+4% vs prior year
Operator
Formentera Operations LLC
County
Crane County
Field
McElroy
RRC lease
08-46178

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
1,155 mcf
Oil in Jul 2026
390 bbl

Production by month

Oil output rose 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for UNIVERSITY LANDS 25-B, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 5,066 bbl in the 12 months through Jul 2026, against 4,877 bbl in the 12 months before.Last 12 months: 5,066 bblbbl per monthmcf per month00250505001007501501,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for UNIVERSITY LANDS 25-B, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 5,066 bbl in the 12 months through Jul 2026, against 4,877 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00250505001007501501,000200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in May 2025.

  • Transmission line (2)
  • Flared (4)
Over 99% of the gas went to flaring in the last 12 monthsShare of UNIVERSITY LANDS 25-B gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to flaring in the last 12 monthsShare of UNIVERSITY LANDS 25-B gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in May 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    100% · 1,151 mcf

  • Transmission line (2)

    0.3% · 4 mcf

99.7% of the gas flared in the last 12 months. 27 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Nov 2023

Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Nov 2023Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Oct 2023Formentera Operations LLCNov 2023 to now
Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Oct 2023; Formentera Operations LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Nov 2023Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Oct 2023Formentera Operations LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY LANDS 25-B
API numberWell no.Status
42-103-363911HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers50Jan 1, 2023–
Shell Trading (Us) CompanyOilGathers50Sep 15, 2016–
Targa Midstream Services LLCCasinghead gasBuys100Dec 28, 2014–
Targa Midstream Services LLCCasinghead gasGathers100Dec 28, 2014–
Eastex Crude CompanyOilGathers50Sep 15, 2016Jan 1, 2023

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

Who buys my oilOil price check

160 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for University Lands 25-B
API numberWell no.Acreson the permit
42-103-363911H160

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY LANDS 25-B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations3903661070107$80.46$2.89
Jun 2026Formentera Operations2863291040104$84.81$3.15
May 2026Formentera Operations3853551070107$102.13$2.94
Apr 2026Formentera Operations1642591040104$100.32$2.77
Mar 2026Formentera Operations3794661084104$91.38$3.04
Feb 2026Formentera Operations42343793093$64.51$3.62
Jan 2026Formentera Operations81261395095$60.04$7.72
Dec 2025Formentera Operations43143179079$57.97$4.26
Nov 2025Formentera Operations46451186086$60.06$3.79
Oct 2025Formentera Operations41742791091$60.89$3.19
Sep 2025Formentera Operations54953286086$63.96$2.97
Aug 2025Formentera Operations36629695095$64.86$2.91
Jul 2025Formentera Operations3653771080108$68.39$3.20
Jun 2025Formentera Operations5876931000100$68.17$3.02
May 2025Formentera Operations36930693093$62.17$3.12
Apr 2025Formentera Operations303289864244$63.54$3.42
Mar 2025Formentera Operations60066593930$68.24$4.12
Feb 2025Formentera Operations283229887216$71.53$4.19
Jan 2025Formentera Operations3123921042102$75.74$4.13
Dec 2024Formentera Operations3913251021101$70.12$3.01
Nov 2024Formentera Operations422398905931$69.95$2.12
Oct 2024Formentera Operations4784731011091$71.99$2.20
Sep 2024Formentera Operations32228177770$70.24$2.28
Aug 2024Formentera Operations4455351231230$76.68$1.99
Jul 2024Formentera Operations42941111810117$81.80$2.07
Jun 2024Formentera Operations3472711121120$79.77$2.54
May 2024Formentera Operations5286471401346$80.02$2.12
Apr 2024Formentera Operations3493861401400$85.35$1.60
Mar 2024Formentera Operations3463411381380$81.28$1.49
Feb 2024Formentera Operations4154101431430$77.25$1.72
Jan 2024Formentera Operations373331832558$74.15$3.18
Dec 2023Formentera Operations414433852956$71.90$2.52
Nov 2023Formentera Operations371435907416$77.69$2.71
Oct 2023Slant Operating,5616041031030$85.64$2.98
Sep 2023Slant Operating,61358889890$89.43$2.64
Aug 2023Slant Operating,6717641281244$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

OperatorFormentera Operations LLCFieldMcElroyCountyCrane County

Formentera Operations LLC in Crane County

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McElroy field

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