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Texas oil lease

Producing

UNIVERSITY -S-

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

14 wells

1,040bbl oil, last 12 months−17% vs prior year
Operator
Extex Operating Company
County
Crockett County
Field
Farmer (San Andres)
RRC lease
7C-00463

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
6,297 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
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -S-, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 1,040 bbl in the 12 months through Jul 2026, against 1,251 bbl in the 12 months before.Last 12 months: 1,040 bblbbl per monthmcf per month0050200100400150600200800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -S-, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 1,040 bbl in the 12 months through Jul 2026, against 1,251 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 -S- 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 -S- 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.

14 wells on this lease

Wells on UNIVERSITY -S-
API numberWell no.Status
42-105-023251Active
42-105-023342Active
42-105-023443Active
42-105-023534Active
42-105-352985Active
42-105-353726Active
42-105-353977Active
42-105-354058Active
42-105-361839Shut-in
42-105-3708312Shut-in
42-105-3708410Active
42-105-3708611Active
42-105-3708713Active
42-105-3708914Active

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

    14 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 -S-
API numberWell no.Acreson the permit
42-105-3708312160
42-105-3708410160
42-105-3708611160
42-105-3708713160
42-105-3708914160
42-105-361839166
42-105-353977160
42-105-354058160
42-105-353726166
42-105-352985166
42-105-023251–
42-105-023342–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY -S-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating63513980398$80.46$2.89
Jun 2026Extex Operating59713920392$84.81$3.15
May 2026Extex Operating75534480448$102.13$2.94
Apr 2026Extex Operating83855430543$100.32$2.77
Mar 2026Extex Operating861295740574$91.38$3.04
Feb 2026Extex Operating102675150515$64.51$3.62
Jan 2026Extex Operating74686010601$60.04$7.72
Dec 2025Extex Operating911116000600$57.97$4.26
Nov 2025Extex Operating96885710571$60.06$3.79
Oct 2025Extex Operating1131295580558$60.89$3.19
Sep 2025Extex Operating102845580558$63.96$2.97
Aug 2025Extex Operating961045390539$64.86$2.91
Jul 2025Extex Operating981085800580$68.39$3.20
Jun 2025Extex Operating90645300530$68.17$3.02
May 2025Extex Operating1231395680568$62.17$3.12
Apr 2025Extex Operating1071055520552$63.54$3.42
Mar 2025Extex Operating1151035570557$68.24$4.12
Feb 2025Extex Operating1011264850485$71.53$4.19
Jan 2025Extex Operating1241075990599$75.74$4.13
Dec 2024Extex Operating1231075380538$70.12$3.01
Nov 2024Extex Operating92863640364$69.95$2.12
Oct 2024Extex Operating961003860386$71.99$2.20
Sep 2024Extex Operating781023540354$70.24$2.28
Aug 2024Extex Operating1041004760476$76.68$1.99
Jul 2024Extex Operating1181214620462$81.80$2.07
Jun 2024Extex Operating1121194750475$79.77$2.54
May 2024Extex Operating123974750475$80.02$2.12
Apr 2024Extex Operating1231644850485$85.35$1.60
Mar 2024Extex Operating119151000$81.28$1.49
Feb 2024Extex Operating131914990499$77.25$1.72
Jan 2024Extex Operating111844900490$74.15$3.18
Dec 2023Extex Operating1451534910491$71.90$2.52
Nov 2023Extex Operating1331675590559$77.69$2.71
Oct 2023Extex Operating129826510651$85.64$2.98
Sep 2023Extex Operating1081136450645$89.43$2.64
Aug 2023Extex Operating1251466390639$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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Farmer (San Andres) field

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Drilling permits within 10 km