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Texas oil lease

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UNIVERSITY LEIGH

University Leigh is an oil lease in Reagan County, Texas, operated by Extex Operating Company in the Spraberry (Trend Area) field.

2 wells

680bbl oil, last 12 months−7% vs prior year
RRC lease
7C-15345

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
1,197 mcf
Oil in Jul 2026
47 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for UNIVERSITY LEIGH, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 680 bbl in the 12 months through Jul 2026, against 732 bbl in the 12 months before.Last 12 months: 680 bblbbl per monthmcf per month0025505010075150100200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for UNIVERSITY LEIGH, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 680 bbl in the 12 months through Jul 2026, against 732 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025505010075150100200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY LEIGH gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY LEIGH gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Apr 2021

Operators of this lease over timePbex Operations, LLC, Jan 2020 to Mar 2021; Extex Operating Company, Apr 2021 to Jul 20262020202120222023202420252026Changed Apr 2021Pbex Operations, LLCJan 2020 to Mar 2021Extex Operating CompanyApr 2021 to now
Operators of this lease over timePbex Operations, LLC, Jan 2020 to Mar 2021; Extex Operating Company, Apr 2021 to Jul 20262020202120222023202420252026Changed Apr 2021Pbex Operations, LLCJan 2020 to Mar 2021Extex Operating CompanyApr 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on UNIVERSITY LEIGH
API numberWell no.Status
42-383-352721Active
42-383-353232Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Echo Canyon Energy Prd Sply, LLCOilGathers100Sep 1, 2026–
Mv Purchasing, LLCOilGathers100Jul 1, 2026Sep 1, 2026
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2024Jul 1, 2026
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026Jul 1, 2026
Plains Marketing, L.p.OilGathers100Jan 1, 2015Jul 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys100Oct 1, 2024Mar 1, 2026
Davis Gas Processing, Inc.Casinghead gasGathers100Aug 1, 2011Oct 1, 2024

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

327.65 acres on the newest permit

Permits for University Leigh
API numberWell no.Acreson the permit
42-383-353232327.65
42-383-352721327.65

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY LEIGH
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating47631091090$80.46$2.89
Jun 2026Extex Operating36076760$84.81$3.15
May 2026Extex Operating607792920$102.13$2.94
Apr 2026Extex Operating55591021020$100.32$2.77
Mar 2026Extex Operating52611111110$91.38$3.04
Feb 2026Extex Operating65561041040$64.51$3.62
Jan 2026Extex Operating556097970$60.04$7.72
Dec 2025Extex Operating61611051050$57.97$4.26
Nov 2025Extex Operating64591041040$60.06$3.79
Oct 2025Extex Operating38611001000$60.89$3.19
Sep 2025Extex Operating80089890$63.96$2.97
Aug 2025Extex Operating67581081080$64.86$2.91
Jul 2025Extex Operating195775750$68.39$3.20
Jun 2025Extex Operating485986860$68.17$3.02
May 2025Extex Operating56631731730$62.17$3.12
Apr 2025Extex Operating69681521520$63.54$3.42
Mar 2025Extex Operating5001211210$68.24$4.12
Feb 2025Extex Operating58951261260$71.53$4.19
Jan 2025Extex Operating88991311310$75.74$4.13
Dec 2024Extex Operating77941381380$70.12$3.01
Nov 2024Extex Operating6501271270$69.95$2.12
Oct 2024Extex Operating801001321320$71.99$2.20
Sep 2024Extex Operating67971031030$70.24$2.28
Aug 2024Extex Operating55931051050$76.68$1.99
Jul 2024Extex Operating69059590$81.80$2.07
Jun 2024Extex Operating68981071070$79.77$2.54
May 2024Extex Operating94961341340$80.02$2.12
Apr 2024Extex Operating54891021020$85.35$1.60
Mar 2024Extex Operating42012120$81.28$1.49
Feb 2024Extex Operating89183440$77.25$1.72
Jan 2024Extex Operating65022220$74.15$3.18
Dec 2023Extex Operating38046460$71.90$2.52
Nov 2023Extex Operating639471710$77.69$2.71
Oct 2023Extex Operating67099990$85.64$2.98
Sep 2023Extex Operating508443430$89.43$2.64
Aug 2023Extex Operating54881001000$81.39$2.58

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

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