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Producing

UNIVERSITY UNIT 1 RE 10 4

University Unit 1 Re 10 4 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) field.

Oil lease dossier

15,154bbl oil, last 12 months−29% vs prior year
Operator
Permian Resources Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-20663

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
54,549 mcf
Oil in Jul 2026
2,018 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for UNIVERSITY UNIT 1 RE 10 4, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 15,154 bbl in the 12 months through Jul 2026, against 21,411 bbl in the 12 months before.Last 12 months: 15,154 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for UNIVERSITY UNIT 1 RE 10 4, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 15,154 bbl in the 12 months through Jul 2026, against 21,411 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 22.2% of the gas in Aug 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of UNIVERSITY UNIT 1 RE 10 4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 22.2% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: fuel to lineFlared 22.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of UNIVERSITY UNIT 1 RE 10 4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 22.2% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Feb 26: fuel to lineFlared 22.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    55% · 29,992 mcf

  • Lease fuel (1)

    42% · 22,785 mcf

  • Flared (4)

    3.2% · 1,772 mcf

3.2% of the gas flared in the last 12 months. 4 months 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, Mar 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 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 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, Mar 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 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 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.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Mar 1, 2020
Targa Midstream Services LLCCasinghead gasBuys100Mar 1, 2020
Targa Midstream Services LLCCasinghead gasGathers100Mar 1, 2020

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

Who buys my oilOil price check

482.73 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 482.72 and 482.73 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for University Unit 1 Re 10 4
API numberWell no.Acreson the permit
42-383-3962831HS482.73
42-383-3962533HK482.72
42-383-3962632HA482.73
42-383-3952436HS482.73
42-383-3952237HA482.73
42-383-3951138HK482.73

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

Unit decimal checker

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 UNIT 1 RE 10 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources2,0182,0347,0434,311130$80.46$2.89
Jun 2026Permian Resources1,5071,5375,7563,39289$84.81$3.15
May 2026Permian Resources1,5561,5105,1353,089552$102.13$2.94
Apr 2026Permian Resources1,5121,6445,4972,425860$100.32$2.77
Mar 2026Permian Resources2,1932,0627,6624,319108$91.38$3.04
Feb 2026Permian Resources1,8152,1546,1463,30717$64.51$3.62
Jan 2026Permian Resources1,3421,1553,7127720$60.04$7.72
Dec 2025Permian Resources1,8852,0192,4042140$57.97$4.26
Nov 2025Permian Resources1,2481,1221,2043360$60.06$3.79
Oct 2025Permian Resources5001,0398710$60.89$3.19
Sep 2025Permian Resources003,4862,9880$63.96$2.97
Aug 2025Permian Resources2805,4653,96816$64.86$2.91
Jul 2025Permian Resources3893939,5208,98569$68.39$3.20
Jun 2025Permian Resources1,5861,66532,67430,378330$68.17$3.02
May 2025Permian Resources1,6221,56432,52029,939414$62.17$3.12
Apr 2025Permian Resources1,7091,84134,04031,341604$63.54$3.42
Mar 2025Permian Resources1,8931,80236,85234,6703$68.24$4.12
Feb 2025Permian Resources1,8661,91033,80531,8570$71.53$4.19
Jan 2025Permian Resources2,0352,05436,75234,51448$75.74$4.13
Dec 2024Permian Resources1,9811,95237,22735,0740$70.12$3.01
Nov 2024Permian Resources2,0252,08736,04734,0696$69.95$2.12
Oct 2024Permian Resources2,1062,01437,98136,0012$71.99$2.20
Sep 2024Permian Resources2,1312,08939,28837,3010$70.24$2.28
Aug 2024Permian Resources2,0682,14539,93129,0568,860$76.68$1.99
Jul 2024Permian Resources2,2082,13342,54034,2896,265$81.80$2.07
Jun 2024Permian Resources2,1842,14441,46139,202105$79.77$2.54
May 2024Permian Resources2,3612,53543,54341,481149$80.02$2.12
Apr 2024Permian Resources2,4472,51039,74038,87613$85.35$1.60
Mar 2024Permian Resources2,2682,05741,23438,6130$81.28$1.49
Feb 2024Permian Resources2,0201,98237,16634,4420$77.25$1.72
Jan 2024Permian Resources1,5161,54533,86731,28924$74.15$3.18
Dec 2023Permian Resources2,2772,23444,53741,6110$71.90$2.52
Nov 2023Permian Resources2,4132,57847,95245,1060$77.69$2.71
Oct 2023Earthstone Operating,2,9333,03349,10246,1330$85.64$2.98
Sep 2023Earthstone Operating,2,4472,48040,22337,3653$89.43$2.64
Aug 2023Earthstone Operating,1,9391,90938,89435,9856$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

OperatorPermian Resources Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

Permian Resources Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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