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Texas oil lease

Producing

UNIVERSITY TEMA

University Tema is an oil lease in Reagan County, Texas, operated by Extex Operating Company in the Lin (Wolfcamp) field.

1 well

7,099bbl oil, last 12 months−10% vs prior year
Operator
Extex Operating Company
County
Reagan County
Field
Lin (Wolfcamp)
RRC lease
7C-19959

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
31,100 mcf
Oil in Jul 2026
554 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for UNIVERSITY TEMA, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 7,099 bbl in the 12 months through Jul 2026, against 7,879 bbl in the 12 months before.Last 12 months: 7,099 bblbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for UNIVERSITY TEMA, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 7,099 bbl in the 12 months through Jul 2026, against 7,879 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

Flaring peaked at 72.2% of the gas in Mar 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY TEMA gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 72.2% of the gas in Mar 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 72.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY TEMA gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 72.2% of the gas in Mar 2024.Share of gas by disposition code0%50%100%Flared 72.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 29,660 mcf

  • Lease fuel (1)

    4.6% · 1,440 mcf

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.

1 well on this lease

Wells on UNIVERSITY TEMA
API numberWell no.Status
42-383-400681HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Echo Canyon Energy Prd Sply, LLCOilGathers100Sep 1, 2026–
Mv Purchasing, LLCOilGathers100Jul 1, 2026Sep 1, 2026
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2024Jul 1, 2026
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026Jul 1, 2026
Plains Marketing, L.p.OilGathers100Mar 3, 2018Jul 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys100Oct 1, 2024Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Mar 3, 2018Oct 1, 2024

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

Who buys my oilOil price check

320 acres on the newest permit

Check your decimal on this lease
Permits for University Tema
API numberWell no.Acreson the permit
42-383-400681H320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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36 months, newest first

Ledger for UNIVERSITY TEMA
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating5543612,5252,4050$80.46$2.89
Jun 2026Extex Operating5797222,4892,3690$84.81$3.15
May 2026Extex Operating6307242,6182,4980$102.13$2.94
Apr 2026Extex Operating5915442,5832,4630$100.32$2.77
Mar 2026Extex Operating6065342,7862,6660$91.38$3.04
Feb 2026Extex Operating6487392,8082,6880$64.51$3.62
Jan 2026Extex Operating5055442,2112,0910$60.04$7.72
Dec 2025Extex Operating5625542,5652,4450$57.97$4.26
Nov 2025Extex Operating6274722,6232,5030$60.06$3.79
Oct 2025Extex Operating5776992,3892,2690$60.89$3.19
Sep 2025Extex Operating6065372,5702,4500$63.96$2.97
Aug 2025Extex Operating6145422,9332,8130$64.86$2.91
Jul 2025Extex Operating6267283,0082,8880$68.39$3.20
Jun 2025Extex Operating6155461,9141,7940$68.17$3.02
May 2025Extex Operating6435447666460$62.17$3.12
Apr 2025Extex Operating6527151,0148940$63.54$3.42
Mar 2025Extex Operating7107131,3551,2350$68.24$4.12
Feb 2025Extex Operating6127331,6211,5010$71.53$4.19
Jan 2025Extex Operating6853711,8361,7160$75.74$4.13
Dec 2024Extex Operating6547232,3292,2050$70.12$3.01
Nov 2024Extex Operating6837192,4152,2910$69.95$2.12
Oct 2024Extex Operating6727322,5872,4630$71.99$2.20
Sep 2024Extex Operating6417352,5752,4510$70.24$2.28
Aug 2024Extex Operating6865342,8552,7310$76.68$1.99
Jul 2024Extex Operating7247193,2173,0930$81.80$2.07
Jun 2024Extex Operating7517233,4553,3310$79.77$2.54
May 2024Extex Operating6867114793670$80.02$2.12
Apr 2024Extex Operating6939192,5682,4560$85.35$1.60
Mar 2024Extex Operating83972612,2843,2998,873$81.28$1.49
Feb 2024Extex Operating7257471,8301,7180$77.25$1.72
Jan 2024Extex Operating6847422,3132,2010$74.15$3.18
Dec 2023Extex Operating6785572,9072,7870$71.90$2.52
Nov 2023Extex Operating7939203,0922,9720$77.69$2.71
Oct 2023Extex Operating8867233,0892,9690$85.64$2.98
Sep 2023Extex Operating8207235794590$89.43$2.64
Aug 2023Extex Operating6781,0678847640$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 CompanyFieldLin (Wolfcamp)CountyReagan County

Extex Operating Company in Reagan County

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Lin (Wolfcamp) field

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