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Texas oil lease

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UNIVERSITY -O-

University -O- is an oil lease in Crockett County, Texas, operated by Extex Operating Company in the Farmer (San Andres) field.

15 wells

600bbl oil, last 12 months+15% vs prior year
RRC lease
7C-09747

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
3,657 mcf
Oil in Jul 2026
72 bbl

Production by month

Oil output rose 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 15% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -O-, Aug 2023 to Jul 2026. Oil output rose 15% over the last 12 months. 600 bbl in the 12 months through Jul 2026, against 520 bbl in the 12 months before.Last 12 months: 600 bblbbl per monthmcf per month00251005020075300100400125500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 15% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -O-, Aug 2023 to Jul 2026. Oil output rose 15% over the last 12 months. 600 bbl in the 12 months through Jul 2026, against 520 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400125500Jan 24JulJan 25JulJan 26Jul

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.

All of the gas went to flaring in the last 12 monthsShare of UNIVERSITY -O- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of UNIVERSITY -O- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

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

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

15 wells on this lease

Wells on UNIVERSITY -O-
API numberWell no.Status
42-105-023231Shut-in
42-105-023423Active
42-105-023514Shut-in
42-105-330965Active
42-105-336648Active
42-105-336657Shut-in
42-105-336686Active
42-105-349199Shut-in
42-105-3508210Active
42-105-3512111Active
42-105-3512212Active
42-105-3513314Active
42-105-3513413Active
42-105-3513515Active
42-105-3516016Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oasis Transp & Marketing Corp.OilGathers100May 1, 2026–
Davis Gas Processing, Inc.Casinghead gasGathers100Apr 1, 2006May 1, 2026
Davis Gas Processing, Inc.Casinghead gasBuys100Apr 1, 2006May 1, 2026
Plains Marketing, L.p.OilGathers100Jul 1, 2000May 1, 2026
Nominator Not Required / Swr 31Casinghead gasNominates100Nov 1, 1999Feb 1, 2021

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

329 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 329 and 330 acres. Use the acres from your own division order for the well you are paid on.

  • 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.

Check your decimal on this lease
Permits for University -O-
API numberWell no.Acreson the permit
42-105-3516016329
42-105-3513314330
42-105-3513413330
42-105-3513515330
42-105-3512111330
42-105-3512212330
42-105-3508210330
42-105-349199330
42-105-336648330
42-105-336657330
42-105-336686330
42-105-330965330

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY -O-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating72604480448$80.46$2.89
Jun 2026Extex Operating69724410441$84.81$3.15
May 2026Extex Operating74464430443$102.13$2.94
Apr 2026Extex Operating66664270427$100.32$2.77
Mar 2026Extex Operating64884300430$91.38$3.04
Feb 2026Extex Operating64293260326$64.51$3.62
Jan 2026Extex Operating27232000200$60.04$7.72
Dec 2025Extex Operating29372000200$57.97$4.26
Nov 2025Extex Operating33291900190$60.06$3.79
Oct 2025Extex Operating39431860186$60.89$3.19
Sep 2025Extex Operating32281860186$63.96$2.97
Aug 2025Extex Operating31351800180$64.86$2.91
Jul 2025Extex Operating36361930193$68.39$3.20
Jun 2025Extex Operating29211770177$68.17$3.02
May 2025Extex Operating38461890189$62.17$3.12
Apr 2025Extex Operating35351840184$63.54$3.42
Mar 2025Extex Operating43371860186$68.24$4.12
Feb 2025Extex Operating40511910191$71.53$4.19
Jan 2025Extex Operating47422220222$75.74$4.13
Dec 2024Extex Operating52522220222$70.12$3.01
Nov 2024Extex Operating54542290229$69.95$2.12
Oct 2024Extex Operating63632430243$71.99$2.20
Sep 2024Extex Operating47472210221$70.24$2.28
Aug 2024Extex Operating36361830183$76.68$1.99
Jul 2024Extex Operating43431780178$81.80$2.07
Jun 2024Extex Operating38431830183$79.77$2.54
May 2024Extex Operating45351830183$80.02$2.12
Apr 2024Extex Operating48631860186$85.35$1.60
Mar 2024Extex Operating4959000$81.28$1.49
Feb 2024Extex Operating38481900190$77.25$1.72
Jan 2024Extex Operating80603500350$74.15$3.18
Dec 2023Extex Operating1041093510351$71.90$2.52
Nov 2023Extex Operating941193990399$77.69$2.71
Oct 2023Extex Operating94594650465$85.64$2.98
Sep 2023Extex Operating75804600460$89.43$2.64
Aug 2023Extex Operating891044570457$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

Extex Operating Company in Crockett County

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