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Texas oil lease

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UNIVERSITY -P-

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

8 wells

896bbl oil, last 12 months−34% vs prior year
Operator
Extex Operating Company
County
Crockett County
Field
Farmer (San Andres)
RRC lease
7C-00462

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
5,182 mcf
Oil in Jul 2026
79 bbl

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -P-, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 896 bbl in the 12 months through Jul 2026, against 1,350 bbl in the 12 months before.Last 12 months: 896 bblbbl per monthmcf per month0050200100400150600200800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -P-, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 896 bbl in the 12 months through Jul 2026, against 1,350 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050200100400150600200800Jan 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 -P- 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 -P- 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.

8 wells on this lease

Wells on UNIVERSITY -P-
API numberWell no.Status
42-105-023241Active
42-105-023332Active
42-105-023433Shut-in
42-105-023524Active
42-105-353705Active
42-105-353716Active
42-105-353988Active
42-105-353997Active

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).

Who buys my oilOil price check

160 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160 and 166 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    8 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.

Check your decimal on this lease
Permits for University -P-
API numberWell no.Acreson the permit
42-105-353988160
42-105-353997160
42-105-353705166
42-105-353716166
42-105-023241–
42-105-023332–
42-105-023433–
42-105-023524–

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

Unit decimal checker

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36 months, newest first

Ledger for UNIVERSITY -P-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating79644980498$80.46$2.89
Jun 2026Extex Operating75764900490$84.81$3.15
May 2026Extex Operating76434560456$102.13$2.94
Apr 2026Extex Operating66663790379$100.32$2.77
Mar 2026Extex Operating64933820382$91.38$3.04
Feb 2026Extex Operating76523450345$64.51$3.62
Jan 2026Extex Operating56524010401$60.04$7.72
Dec 2025Extex Operating67814000400$57.97$4.26
Nov 2025Extex Operating64653810381$60.06$3.79
Oct 2025Extex Operating911114450445$60.89$3.19
Sep 2025Extex Operating93775110511$63.96$2.97
Aug 2025Extex Operating89964940494$64.86$2.91
Jul 2025Extex Operating90995310531$68.39$3.20
Jun 2025Extex Operating82594860486$68.17$3.02
May 2025Extex Operating1141285210521$62.17$3.12
Apr 2025Extex Operating98975060506$63.54$3.42
Mar 2025Extex Operating107985110511$68.24$4.12
Feb 2025Extex Operating1071264850485$71.53$4.19
Jan 2025Extex Operating1091005320532$75.74$4.13
Dec 2024Extex Operating1231245340534$70.12$3.01
Nov 2024Extex Operating1391315500550$69.95$2.12
Oct 2024Extex Operating1461585980598$71.99$2.20
Sep 2024Extex Operating1231326220622$70.24$2.28
Aug 2024Extex Operating1121075490549$76.68$1.99
Jul 2024Extex Operating1271305330533$81.80$2.07
Jun 2024Extex Operating1191285480548$79.77$2.54
May 2024Extex Operating1341045480548$80.02$2.12
Apr 2024Extex Operating1341895600560$85.35$1.60
Mar 2024Extex Operating150151000$81.28$1.49
Feb 2024Extex Operating120774460446$77.25$1.72
Jan 2024Extex Operating88663850385$74.15$3.18
Dec 2023Extex Operating1141203860386$71.90$2.52
Nov 2023Extex Operating1041314390439$77.69$2.71
Oct 2023Extex Operating102645120512$85.64$2.98
Sep 2023Extex Operating83885060506$89.43$2.64
Aug 2023Extex Operating991155020502$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

This lease belongs to

OperatorExtex Operating CompanyFieldFarmer (San Andres)CountyCrockett County

Extex Operating Company in Crockett County

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