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Texas oil lease

Producing

UNIVERSITY LANDS 43-20 B

University Lands 43-20 B is an oil lease in Ward County, Texas, operated by U.S. Energy Development Corp in the Phantom (Wolfcamp) field.

Oil lease dossier

19,401bbl oil, last 12 months−29% vs prior year
Operator
U.S. Energy Development Corp
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-62664

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
82,153 mcf
Oil in Jul 2026
1,932 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for UNIVERSITY LANDS 43-20 B, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 19,401 bbl in the 12 months through Jul 2026, against 27,402 bbl in the 12 months before.Last 12 months: 19,401 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for UNIVERSITY LANDS 43-20 B, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 19,401 bbl in the 12 months through Jul 2026, against 27,402 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010k5,00012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 89.0% of the gas in May 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2025 the lease's gas goes to a transmission line instead of lease fuelShare of UNIVERSITY LANDS 43-20 B gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 89.0% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: fuel to lineFlared 89.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a transmission line instead of lease fuelShare of UNIVERSITY LANDS 43-20 B gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 89.0% of the gas in May 2026.Share of gas by disposition code0%50%100%Nov 25: fuel to lineFlared 89.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    60% · 54,518 mcf

  • Flared (4)

    27% · 24,744 mcf

  • Lease fuel (1)

    13% · 12,326 mcf

27.0% of the gas flared in the last 12 months. 21 months above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Scm Ops, LLCOilGathers100Apr 1, 2025–
Scm Ops, LLCCasinghead gasBuys100Jan 15, 2021–
Scm Ops, LLCCasinghead gasGathers100Jan 15, 2021–
Noble Energy INCOilGathers100Jan 15, 2021Apr 1, 2025

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

Who buys my oilOil price check

481.99 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

Check your decimal on this lease
Permits for University Lands 43-20 B
API numberWell no.Acreson the permit
42-475-381052H481.99

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 43-20 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,9322,02211,8937,8232,258$80.46$2.89
Jun 20262,1772,04011,0023,3797,397$84.81$3.15
May 20261,8891,5905,03704,482$102.13$2.94
Apr 20260183000$100.32$2.77
Mar 20261,0561,1574,8175543,972$91.38$3.04
Feb 20261,7251,7257,7414,3362,578$64.51$3.62
Jan 20261,6201,6508,0296,728370$60.04$7.72
Dec 20252,1972,0838,4777,308488$57.97$4.26
Nov 20251,1461,2594,3702,2821,582$60.06$3.79
Oct 20252,3612,3138,4302,4521,053$60.89$3.19
Sep 20251,1251,1682,9222,414298$63.96$2.97
Aug 20252,1732,1379,4358,621133$64.86$2.91
Jul 20252,1732,1379,4358,621133$68.39$3.20
Jun 20252,0432,0639,7168,049953$68.17$3.02
May 20252,3022,2529,2038,394110$62.17$3.12
Apr 20252,1702,2539,2038,394110$63.54$3.42
Mar 20252,3892,38911,43110,154246$68.24$4.12
Feb 20252,8082,66510,3538,771600$71.53$4.19
Jan 20251,5471,6055,4184,610119$75.74$4.13
Dec 20242,4252,4298,6097,45912$70.12$3.01
Nov 20242,3932,4067,4796,38521$69.95$2.12
Oct 20241,8201,8466,9225,86520$71.99$2.20
Sep 20242,5122,4797,9297,20728$70.24$2.28
Aug 20242,8202,8158,7237,473554$76.68$1.99
Jul 20242,3842,3516,1244,6171,081$81.80$2.07
Jun 20242,5692,6188,9407,4321,052$79.77$2.54
May 20242,9102,8639,0516,7551,875$80.02$2.12
Apr 20242,6182,5858,5325,8121,443$85.35$1.60
Mar 20242,8522,9198,9037,815385$81.28$1.49
Feb 20242,8262,8098,4547,038662$77.25$1.72
Jan 20242,9202,9225,1633,916444$74.15$3.18
Dec 20233,1383,1189,0428,16823$71.90$2.52
Nov 20232,9162,8668,7377,81493$77.69$2.71
Oct 20233,0923,1429,4968,494167$85.64$2.98
Sep 20233,1983,1699,8468,832213$89.43$2.64
Aug 20233,4823,56010,3759,091518$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

OperatorU.S. Energy Development CorpFieldPhantom (Wolfcamp)CountyWard County

U.S. Energy Development Corp in Ward County

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Phantom (Wolfcamp) field

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New drilling permits in Ward County

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