Texas oil lease

Shut in

UNIVERSITY LANDS 31

Name: UNIVERSITY LANDS 31 monthly oil and gas production, Andrews County, Texas
Creator: Texas Railroad Commission

University Lands 31 is an oil lease in Andrews County, Texas, operated by Ring Energy, Inc. in the Emma (Devonian) field.

1 well

0bbl oil, last 12 months

Operator: Ring Energy, Inc.
County: Andrews County
Field: Emma (Devonian)
RRC lease: 08-49619

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Where it sits

This county

Andrews County

Oil in Jul 2026: 0 bbl
Reporting since: Jan 2020

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Operator
Operator changed: Ring Energy, Inc. took over from Lime Rock Resources IV-A, L.P. in Apr 2025.
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.

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Production by month

No production to chart

The state shows zero oil and zero gas for all 35 months we hold (Aug 2023 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

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

Wells on UNIVERSITY LANDS 31
API number	Well no.	Status
42-003-47488	2H	Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
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	Nov 9, 2017	Jul 1, 2022

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

Who buys my oil Oil price check

241.70 acres on the newest permit

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Permits for University Lands 31
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-003-47488	2H	Feb 10, 2017	Nov 9, 2017	241.70	Horizontal

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

Unit decimal checker

What Ring Energy, Inc. told investors it received

Ring Energy, Inc. is linked to Ring Energy, Inc. (REI).

Realized prices reported by Ring Energy, Inc.
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.

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36 months, newest first

Ledger for UNIVERSITY LANDS 31
Month	Operator	Oil producedbbl	Oil soldbbl	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026Ring Energy,	Ring Energy, Inc.	0	0	$80.46	$2.89
Jun 2026Ring Energy,	Ring Energy, Inc.	0	0	$84.81	$3.15
May 2026Ring Energy,	Ring Energy, Inc.	0	0	$102.13	$2.94
Apr 2026Ring Energy,	Ring Energy, Inc.	0	0	$100.32	$2.77
Mar 2026Ring Energy,	Ring Energy, Inc.	0	0	$91.38	$3.04
Feb 2026Ring Energy,	Ring Energy, Inc.	0	0	$64.51	$3.62
Jan 2026Ring Energy,	Ring Energy, Inc.	0	0	$60.04	$7.72
Dec 2025Ring Energy,	Ring Energy, Inc.	0	0	$57.97	$4.26
Nov 2025Ring Energy,	Ring Energy, Inc.	0	0	$60.06	$3.79
Oct 2025Ring Energy,	Ring Energy, Inc.	0	0	$60.89	$3.19
Sep 2025Ring Energy,	Ring Energy, Inc.	0	0	$63.96	$2.97
Aug 2025Ring Energy,	Ring Energy, Inc.	0	0	$64.86	$2.91
Jul 2025Ring Energy,	Ring Energy, Inc.	0	0	$68.39	$3.20
Jun 2025Ring Energy,	Ring Energy, Inc.	0	0	$68.17	$3.02
May 2025Ring Energy,	Ring Energy, Inc.	0	0	$62.17	$3.12
Apr 2025Ring Energy,	Ring Energy, Inc.	0	0	$63.54	$3.42
Mar 2025Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$68.24	$4.12
Feb 2025Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$71.53	$4.19
Jan 2025Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$75.74	$4.13
Dec 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$70.12	$3.01
Nov 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$69.95	$2.12
Oct 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$71.99	$2.20
Sep 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$70.24	$2.28
Aug 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$76.68	$1.99
Jul 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$81.80	$2.07
Jun 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$79.77	$2.54
May 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$80.02	$2.12
Apr 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$85.35	$1.60
Mar 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$81.28	$1.49
Feb 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$77.25	$1.72
Jan 2024Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$74.15	$3.18
Dec 2023No report	No report filed	–	–	$71.90	$2.52
Nov 2023Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$77.69	$2.71
Oct 2023Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$85.64	$2.98
Sep 2023Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$89.43	$2.64
Aug 2023Lime Rock	Lime Rock Resources IV-A, L.P.	0	0	$81.39	$2.58

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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