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Texas oil lease

Producing

UNIVERSITY OWENS 'A' 1-6

University Owens 'A' 1-6 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

1 well

764bbl oil, last 12 months−51% vs prior year
RRC lease
7C-20095

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
204,238 mcf
Oil in Jul 2026
99 bbl

Production by month

Oil output fell 51% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for UNIVERSITY OWENS 'A' 1-6, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 764 bbl in the 12 months through Jul 2026, against 1,545 bbl in the 12 months before.Last 12 months: 764 bblbbl per monthmcf per month0010010k20020k30030k40040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for UNIVERSITY OWENS 'A' 1-6, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 764 bbl in the 12 months through Jul 2026, against 1,545 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010010k20020k30030k40040kJan 24JulJan 25JulJan 26Jul

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)
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY OWENS 'A' 1-6 gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 69.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY OWENS 'A' 1-6 gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 69.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 201,681 mcf

  • Flared (4)

    1.3% · 2,557 mcf

1.3% 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

Operators of this lease over timeSable Permian Resources, LLC, Jan 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCJan 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeSable Permian Resources, LLC, Jan 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 20262020202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCJan 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY OWENS 'A' 1-6
API numberWell no.Status
42-383-401382HBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Jun 1, 2022–
Wtg South Permian Midstream LLCCasinghead gasGathers100May 1, 2022Jun 1, 2022
Wtg South Permian Midstream LLCCasinghead gasBuys100May 1, 2022Jun 1, 2022
Shell Trading (Us) CompanyOilGathers100Jun 25, 2018Jun 1, 2022
West Texas Gas, Inc.Casinghead gasGathers100Jan 1, 2019May 1, 2022
West Texas Gas, Inc.Casinghead gasBuys100Jan 1, 2019May 1, 2022
Cogent Midstream Westex, LLCCasinghead gasGathers100Jun 25, 2018Jan 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.

Check your decimal on this lease
Permits for University Owens 'A' 1-6
API numberWell no.Acreson the permit
42-383-401382HB1,407.45

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

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY OWENS 'A' 1-6
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources999634,29734,2970$80.46$2.89
Jun 2026Permian Resources1402,3552,3550$84.81$3.15
May 2026Permian Resources33192152150$102.13$2.94
Apr 2026Permian Resources14283,6791,1272,552$100.32$2.77
Mar 2026Permian Resources847423,72023,7200$91.38$3.04
Feb 2026Permian Resources737526,37526,3750$64.51$3.62
Jan 2026Permian Resources766327,58127,5810$60.04$7.72
Dec 2025Permian Resources8110733,02733,0270$57.97$4.26
Nov 2025Permian Resources411115,48015,4800$60.06$3.79
Oct 2025Permian Resources18652,6422,6420$60.89$3.19
Sep 2025Permian Resources10212014,34914,3490$63.96$2.97
Aug 2025Permian Resources12916120,51820,5135$64.86$2.91
Jul 2025Permian Resources1139821,91421,87341$68.39$3.20
Jun 2025Permian Resources9610121,45421,4540$68.17$3.02
May 2025Permian Resources1026923,83623,683153$62.17$3.12
Apr 2025Permian Resources1019323,08022,886194$63.54$3.42
Mar 2025Permian Resources11213822,91222,732180$68.24$4.12
Feb 2025Permian Resources9511819,32519,086239$71.53$4.19
Jan 2025Permian Resources13912924,91124,746165$75.74$4.13
Dec 2024Permian Resources14813124,92524,715210$70.12$3.01
Nov 2024Permian Resources15122225,83925,538301$69.95$2.12
Oct 2024Permian Resources20511828,60228,140462$71.99$2.20
Sep 2024Permian Resources10812624,35623,984372$70.24$2.28
Aug 2024Permian Resources17515125,56625,49868$76.68$1.99
Jul 2024Permian Resources17316934,26534,22738$81.80$2.07
Jun 2024Permian Resources17322831,40631,4060$79.77$2.54
May 2024Permian Resources19817935,19935,16633$80.02$2.12
Apr 2024Permian Resources20520930,72730,7189$85.35$1.60
Mar 2024Permian Resources22821028,78328,673110$81.28$1.49
Feb 2024Permian Resources24431727,10527,1050$77.25$1.72
Jan 2024Permian Resources33436431,06731,0670$74.15$3.18
Dec 2023Permian Resources37933931,28631,2860$71.90$2.52
Nov 2023Permian Resources35034230,87930,8790$77.69$2.71
Oct 2023Earthstone Operating,30229032,11032,1100$85.64$2.98
Sep 2023Earthstone Operating,33932631,65731,6570$89.43$2.64
Aug 2023Earthstone Operating,34237236,12035,445675$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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