Texas oil lease
ProducingUNIVERSITY -N-
University -N- is an oil lease in Reagan County, Texas, operated by Extex Operating Company in the Farmer (San Andres) field.
16 wells
- Operator
- Extex Operating Company
- County
- Reagan County
- Field
- Farmer (San Andres)
- RRC lease
- 7C-09748
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 4,575 mcf
- Oil in Jul 2026
- 63 bbl
Production by month
Oil output fell 17% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
All of the gas went to flaring in the last 12 months
Flaring peaked at 100.0% of the gas in Aug 2023.
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
100.0% of the gas flared in the last 12 months. 35 months above 3%.
Who has run this lease
The operator changed once, most recently in Feb 2021
- Extex Operating Company Feb 2021 to now
- Legacy Reserves Operating LP Jan 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
16 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-105-34197 | 10 | Active |
| 42-105-34909 | 13 | Active |
| 42-105-35123 | 16 | Active |
| 42-105-35124 | 15 | Active |
| 42-383-01187 | 1 | Active |
| 42-383-01191 | 2 | Active |
| 42-383-01205 | 3 | Active |
| 42-383-01209 | 4 | Shut-in |
| 42-383-32072 | 5 | Shut-in |
| 42-383-32073 | 7 | Shut-in |
| 42-383-32074 | 8 | Shut-in |
| 42-383-32075 | 6 | Active |
| 42-383-32359 | 11 | Active |
| 42-383-32360 | 9 | Shut-in |
| 42-383-33259 | 12 | Active |
| 42-383-33565 | 14 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Oasis Transp & Marketing Corp. | Oil | Gathers | 100 | May 1, 2026 | – |
| Davis Gas Processing, Inc. | Casinghead gas | Gathers | 100 | Apr 1, 2006 | May 1, 2026 |
| Davis Gas Processing, Inc. | Casinghead gas | Buys | 100 | Apr 1, 2006 | May 1, 2026 |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Jul 1, 2000 | May 1, 2026 |
| Nominator Not Required / Swr 31 | Casinghead gas | Nominates | 100 | Nov 1, 1999 | Feb 1, 2021 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
330 acres on the newest permit
- Good to know
16 wells are listed on this lease
Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.
- 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-105-35123 | 16 | Sep 16, 1985 | Oct 9, 1985 | 330 |
| 42-105-35124 | 15 | Sep 16, 1985 | Oct 22, 1985 | 330 |
| 42-383-33565 | 14 | Sep 16, 1985 | Oct 19, 1985 | 330 |
| 42-105-34909 | 13 | Oct 22, 1984 | Nov 18, 1984 | 330 |
| 42-383-33259 | 12 | Oct 22, 1984 | Nov 19, 1984 | 330 |
| 42-105-34197 | 10 | Oct 22, 1982 | Nov 18, 1982 | 330 |
| 42-383-32359 | 11 | Oct 22, 1982 | Nov 23, 1982 | 330 |
| 42-383-32360 | 9 | Oct 22, 1982 | Nov 22, 1982 | 330 |
| 42-383-32072 | 5 | Oct 15, 1981 | Dec 22, 1981 | 330 |
| 42-383-32074 | 8 | Oct 15, 1981 | Dec 28, 1981 | 330 |
| 42-383-32075 | 6 | Oct 1, 1981 | Jan 6, 1982 | 330 |
| 42-383-32073 | 7 | Sep 23, 1981 | Dec 31, 1981 | 330 |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Extex Operating | 63 | 53 | 398 | 0 | 398 | $80.46 | $2.89 |
| Jun 2026Extex Operating | 61 | 63 | 392 | 0 | 392 | $84.81 | $3.15 |
| May 2026Extex Operating | 65 | 41 | 394 | 0 | 394 | $102.13 | $2.94 |
| Apr 2026Extex Operating | 59 | 59 | 379 | 0 | 379 | $100.32 | $2.77 |
| Mar 2026Extex Operating | 56 | 86 | 382 | 0 | 382 | $91.38 | $3.04 |
| Feb 2026Extex Operating | 69 | 45 | 345 | 0 | 345 | $64.51 | $3.62 |
| Jan 2026Extex Operating | 51 | 45 | 401 | 0 | 401 | $60.04 | $7.72 |
| Dec 2025Extex Operating | 58 | 74 | 400 | 0 | 400 | $57.97 | $4.26 |
| Nov 2025Extex Operating | 66 | 58 | 381 | 0 | 381 | $60.06 | $3.79 |
| Oct 2025Extex Operating | 76 | 86 | 372 | 0 | 372 | $60.89 | $3.19 |
| Sep 2025Extex Operating | 66 | 56 | 372 | 0 | 372 | $63.96 | $2.97 |
| Aug 2025Extex Operating | 64 | 70 | 359 | 0 | 359 | $64.86 | $2.91 |
| Jul 2025Extex Operating | 68 | 72 | 386 | 0 | 386 | $68.39 | $3.20 |
| Jun 2025Extex Operating | 59 | 43 | 353 | 0 | 353 | $68.17 | $3.02 |
| May 2025Extex Operating | 81 | 93 | 379 | 0 | 379 | $62.17 | $3.12 |
| Apr 2025Extex Operating | 70 | 70 | 368 | 0 | 368 | $63.54 | $3.42 |
| Mar 2025Extex Operating | 81 | 69 | 371 | 0 | 371 | $68.24 | $4.12 |
| Feb 2025Extex Operating | 70 | 84 | 323 | 0 | 323 | $71.53 | $4.19 |
| Jan 2025Extex Operating | 75 | 67 | 355 | 0 | 355 | $75.74 | $4.13 |
| Dec 2024Extex Operating | 81 | 83 | 356 | 0 | 356 | $70.12 | $3.01 |
| Nov 2024Extex Operating | 90 | 86 | 366 | 0 | 366 | $69.95 | $2.12 |
| Oct 2024Extex Operating | 98 | 100 | 389 | 0 | 389 | $71.99 | $2.20 |
| Sep 2024Extex Operating | 74 | 76 | 354 | 0 | 354 | $70.24 | $2.28 |
| Aug 2024Extex Operating | 59 | 57 | 293 | 0 | 293 | $76.68 | $1.99 |
| Jul 2024Extex Operating | 69 | 69 | 284 | 0 | 284 | $81.80 | $2.07 |
| Jun 2024Extex Operating | 60 | 68 | 292 | 0 | 292 | $79.77 | $2.54 |
| May 2024Extex Operating | 71 | 55 | 292 | 0 | 292 | $80.02 | $2.12 |
| Apr 2024Extex Operating | 75 | 101 | 298 | 0 | 298 | $85.35 | $1.60 |
| Mar 2024Extex Operating | 80 | 94 | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Extex Operating | 64 | 74 | 301 | 0 | 301 | $77.25 | $1.72 |
| Jan 2024Extex Operating | 120 | 90 | 522 | 0 | 522 | $74.15 | $3.18 |
| Dec 2023Extex Operating | 155 | 163 | 523 | 0 | 523 | $71.90 | $2.52 |
| Nov 2023Extex Operating | 140 | 177 | 595 | 0 | 595 | $77.69 | $2.71 |
| Oct 2023Extex Operating | 136 | 87 | 693 | 0 | 693 | $85.64 | $2.98 |
| Sep 2023Extex Operating | 115 | 120 | 686 | 0 | 686 | $89.43 | $2.64 |
| Aug 2023Extex Operating | 133 | 155 | 681 | 0 | 681 | $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.
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
Extex Operating Company in Reagan County
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Farmer (San Andres) field
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Leases within 10 km
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Drilling permits within 10 km
UNIVERSITY CR 31-19 LB #3H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 9.4 km
Permit 0907100 · Apr 7, 2025
TANGELO B 1-4 #2H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 9 km
Permit 0906139 · Feb 27, 2025
TANGELO D 1-4 #4H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 9 km
Permit 0906142 · Feb 27, 2025
TANGELO E 1-4 #5H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 9 km
Permit 0906143 · Feb 27, 2025
TANGELO C 1-4 #3H
new drill · horizontal · RP Operating, L.L.C. · Reagan County · 9 km
Permit 0906140 · Feb 27, 2025