Texas oil lease
ProducingUNIVERSITY OWENS 1-6
University Owens 1-6 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- Permian Resources Operating, LLC
- County
- Reagan County
- RRC lease
- 7C-20094
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 56,232 mcf
- Oil in Jul 2026
- 171 bbl
Production by month
Oil output fell 75% 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
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 69.4% of the gas in Apr 2026.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
95% · 53,615 mcf
Flared (4)
4.7% · 2,617 mcf
4.7% of the gas flared in the last 12 months. One month above 3%.
Who has run this lease
The operator changed 3 times, most recently in Nov 2023
- Permian Resources Operating, LLC Nov 2023 to now
- Earthstone Operating, LLC May 2022 to Oct 2023
- FDL Operating, LLC Feb 2021 to Apr 2022
- Sable Permian Resources, LLC Jan 2020 to Jan 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-40133 | 1HB | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 100 | Jun 1, 2022 | – |
| Wtg South Permian Midstream LLC | Casinghead gas | Gathers | 100 | May 1, 2022 | Jun 1, 2022 |
| Wtg South Permian Midstream LLC | Casinghead gas | Buys | 100 | May 1, 2022 | Jun 1, 2022 |
| Shell Trading (Us) Company | Oil | Gathers | 100 | Jun 25, 2018 | Jun 1, 2022 |
| West Texas Gas, Inc. | Casinghead gas | Gathers | 100 | Jan 1, 2019 | May 1, 2022 |
| West Texas Gas, Inc. | Casinghead gas | Buys | 100 | Jan 1, 2019 | May 1, 2022 |
| Cogent Midstream Westex, LLC | Casinghead gas | Gathers | 100 | Jun 25, 2018 | Jan 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,407.45 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- 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 |
|---|---|---|---|---|
| 42-383-40133 | 1HB | Feb 1, 2018 | Jun 25, 2018 | 1,407.45 |
What Permian Resources Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $97.81 | −$2.40 | $23.28 | SEC filing |
| Q1 2026 | $70.91 | −$0.29 | $16.60 | SEC filing |
| Q4 2025 | $58.78 | −$0.23 | $15.44 | SEC filing |
| Q3 2025 | $64.77 | $0.52 | $17.50 | SEC filing |
| Q2 2025 | $62.71 | $0.50 | $17.75 | SEC filing |
| Q1 2025 | $70.48 | $1.35 | $23.90 | SEC filing |
SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Permian Resources | 171 | 167 | 8,848 | 8,848 | 0 | $80.46 | $2.89 |
| Jun 2026Permian Resources | 51 | 0 | 3,141 | 3,141 | 0 | $84.81 | $3.15 |
| May 2026Permian Resources | 15 | 69 | 170 | 170 | 0 | $102.13 | $2.94 |
| Apr 2026Permian Resources | 77 | 48 | 3,772 | 1,156 | 2,616 | $100.32 | $2.77 |
| Mar 2026Permian Resources | 144 | 128 | 6,407 | 6,407 | 0 | $91.38 | $3.04 |
| Feb 2026Permian Resources | 127 | 124 | 4,456 | 4,456 | 0 | $64.51 | $3.62 |
| Jan 2026Permian Resources | 116 | 109 | 3,681 | 3,681 | 0 | $60.04 | $7.72 |
| Dec 2025Permian Resources | 177 | 341 | 4,692 | 4,692 | 0 | $57.97 | $4.26 |
| Nov 2025Permian Resources | 161 | 99 | 6,617 | 6,617 | 0 | $60.06 | $3.79 |
| Oct 2025Permian Resources | 165 | 76 | 6,042 | 6,042 | 0 | $60.89 | $3.19 |
| Sep 2025Permian Resources | 92 | 105 | 4,188 | 4,188 | 0 | $63.96 | $2.97 |
| Aug 2025Permian Resources | 111 | 284 | 4,218 | 4,217 | 1 | $64.86 | $2.91 |
| Jul 2025Permian Resources | 242 | 226 | 4,435 | 4,427 | 8 | $68.39 | $3.20 |
| Jun 2025Permian Resources | 220 | 269 | 4,118 | 4,118 | 0 | $68.17 | $3.02 |
| May 2025Permian Resources | 273 | 332 | 4,959 | 4,927 | 32 | $62.17 | $3.12 |
| Apr 2025Permian Resources | 482 | 434 | 6,919 | 6,861 | 58 | $63.54 | $3.42 |
| Mar 2025Permian Resources | 517 | 660 | 8,328 | 8,262 | 66 | $68.24 | $4.12 |
| Feb 2025Permian Resources | 464 | 430 | 6,209 | 6,132 | 77 | $71.53 | $4.19 |
| Jan 2025Permian Resources | 495 | 476 | 6,123 | 6,082 | 41 | $75.74 | $4.13 |
| Dec 2024Permian Resources | 553 | 461 | 8,369 | 8,298 | 71 | $70.12 | $3.01 |
| Nov 2024Permian Resources | 513 | 701 | 8,105 | 8,011 | 94 | $69.95 | $2.12 |
| Oct 2024Permian Resources | 626 | 539 | 8,472 | 8,335 | 137 | $71.99 | $2.20 |
| Sep 2024Permian Resources | 612 | 510 | 12,642 | 12,449 | 193 | $70.24 | $2.28 |
| Aug 2024Permian Resources | 576 | 485 | 9,344 | 9,319 | 25 | $76.68 | $1.99 |
| Jul 2024Permian Resources | 541 | 618 | 12,390 | 12,376 | 14 | $81.80 | $2.07 |
| Jun 2024Permian Resources | 807 | 903 | 15,093 | 15,093 | 0 | $79.77 | $2.54 |
| May 2024Permian Resources | 641 | 637 | 12,737 | 12,725 | 12 | $80.02 | $2.12 |
| Apr 2024Permian Resources | 789 | 731 | 15,068 | 15,063 | 5 | $85.35 | $1.60 |
| Mar 2024Permian Resources | 770 | 724 | 15,634 | 15,576 | 58 | $81.28 | $1.49 |
| Feb 2024Permian Resources | 771 | 951 | 15,304 | 15,304 | 0 | $77.25 | $1.72 |
| Jan 2024Permian Resources | 781 | 727 | 15,206 | 15,206 | 0 | $74.15 | $3.18 |
| Dec 2023Permian Resources | 788 | 607 | 15,265 | 15,265 | 0 | $71.90 | $2.52 |
| Nov 2023Permian Resources | 541 | 589 | 12,272 | 12,272 | 0 | $77.69 | $2.71 |
| Oct 2023Earthstone Operating, | 752 | 805 | 14,113 | 14,113 | 0 | $85.64 | $2.98 |
| Sep 2023Earthstone Operating, | 828 | 790 | 16,723 | 16,723 | 0 | $89.43 | $2.64 |
| Aug 2023Earthstone Operating, | 841 | 908 | 17,189 | 16,870 | 319 | $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
Permian Resources Operating, LLC in Reagan County
- UNIVERSITY 48-25
3,093 bbl
- HALFMANN 1214 SE
4,082 bbl
- TUCKER UNIT 2 RE 1 184
1,768 bbl
- HALFMANN 1214 E
3,064 bbl
- UNIVERSITY 48-17
1,957 bbl
- WOODS 211-218 ALLOC 06
1,879 bbl
- BOOTHE 236-6 ALLOC 03
2,381 bbl
- TUCKER UNIT 1 RE 1 184
1,140 bbl
- WTG UNIT 1
3,285 bbl
- HICKMAN ALLOCATION B
1,198 bbl
Spraberry (Trend Area) field
- BLOXOM "20"
3,673 bbl
- TXL "S" 39-1
3,507 bbl
- XBC GIDDINGS ESTATE F
3,505 bbl
- AMACKER, BARNETT
3,808 bbl
- STANLEY
3,626 bbl
- ALEXIA
3,653 bbl
- CATHY
3,361 bbl
- GRASTON
2,979 bbl
- DIVIDE-SCOTT J
577 bbl
- NEAL '40-38B'
3,334 bbl
Leases within 10 km
- UNIVERSITY OWENS 'A' 1-6
764 bbl · 0 km
- UNIVERSITY 48-1
840 bbl · 0.2 km
- UNIVERSITY 48-9
0 bbl · 0.7 km
- UNIVERSITY LANDS C
0 bbl · 0.7 km
- UNIVERSITY 48-1
597 bbl · 0.9 km
- UNIVERSITY 48-09
3,319 bbl · 1 km
- UNIVERSITY 48-2WX
0 bbl · 1 km
- UNIVERSITY "48-1"
0 bbl · 1.1 km
- UNIVERSITY LANDS D
0 bbl · 1.1 km
- UNIVERSITY 48-2
0 bbl · 1.1 km
Drilling permits within 10 km
HICKMAN BT #2211UB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 8 km
Permit 0907958 · May 13, 2025
HICKMAN CT #2212UB
new drill · horizontal · Discovery Natural Resources LLC · Reagan County · 8 km
Permit 0907959 · May 13, 2025
UNIVERSITY 43 #1012WB
new drill · horizontal · Sem Operating Company LLC · Irion County · 8.9 km
Permit 0906770 · Mar 21, 2025
UNIVERSITY 43 #1014WC
new drill · horizontal · Sem Operating Company LLC · Irion County · 8.9 km
Permit 0906772 · Mar 21, 2025
UNIVERSITY 43 #1010WC
new drill · horizontal · Sem Operating Company LLC · Irion County · 8.9 km
Permit 0906769 · Mar 21, 2025