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Producing

UNIVERSITY W2-34B

University W2-34B is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

14,320bbl oil, last 12 months+20% vs prior year
RRC lease
7C-21349

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
7,785 mcf
Oil in Jul 2026
4,095 bbl

Production by month

Oil output rose 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 20% over the last 12 monthsMonthly oil production and gas for UNIVERSITY W2-34B, Aug 2023 to Jul 2026. Oil output rose 20% over the last 12 months. 14,320 bbl in the 12 months through Jul 2026, against 11,931 bbl in the 12 months before.Last 12 months: 14,320 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 20% over the last 12 monthsMonthly oil production and gas for UNIVERSITY W2-34B, Aug 2023 to Jul 2026. Oil output rose 20% over the last 12 months. 14,320 bbl in the 12 months through Jul 2026, against 11,931 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY W2-34B gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY W2-34B gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 7,215 mcf

  • Lease fuel (1)

    7.2% · 560 mcf

  • Flared (4)

    0.1% · 10 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on UNIVERSITY W2-34B
API numberWell no.Status
42-383-409042HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Mar 4, 2021
Plains Pipeline L.p.OilGathers50Mar 4, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 4, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 4, 2021

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

951.80 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 W2-34B
API numberWell no.Acreson the permit
42-383-409042H951.80

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY W2-34B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,0954,0341,0781,0110$80.46$2.89
Jun 20267767696525770$84.81$3.15
May 20261,0441,0446145690$102.13$2.94
Apr 20261,2261,2256205820$100.32$2.77
Mar 20261,4361,4397697180$91.38$3.04
Feb 20261,6661,6597156614$64.51$3.62
Jan 20261,0651,0574714294$60.04$7.72
Dec 20256296282642461$57.97$4.26
Nov 20256846848658030$60.06$3.79
Oct 20257307276335921$60.89$3.19
Sep 20254134134944610$63.96$2.97
Aug 20255565566105660$64.86$2.91
Jul 20255075045995550$68.39$3.20
Jun 20251731722282120$68.17$3.02
May 20250072670$62.17$3.12
Apr 2025013603370$63.54$3.42
Mar 20251371431,3321,2391$68.24$4.12
Feb 20257157185,9645,5723$71.53$4.19
Jan 20252,0912,09320,60919,4390$75.74$4.13
Dec 20241,7651,76214,91213,938130$70.12$3.01
Nov 20241,5051,5149,3078,72417$69.95$2.12
Oct 20241,3331,3428,0157,46750$71.99$2.20
Sep 20241,6371,64713,03812,46029$70.24$2.28
Aug 20242,0682,05916,08515,3130$76.68$1.99
Jul 20241,8701,87015,73714,95451$81.80$2.07
Jun 20241,9671,97115,62614,85758$79.77$2.54
May 20242,1532,15422,81321,79240$80.02$2.12
Apr 20242,1792,17420,20319,29675$85.35$1.60
Mar 20242,3962,39522,07321,14625$81.28$1.49
Feb 20242,2822,28421,15620,27621$77.25$1.72
Jan 20242,6722,67123,39322,35634$74.15$3.18
Dec 20232,8492,84523,47322,46026$71.90$2.52
Nov 20232,9722,99321,24420,34023$77.69$2.71
Oct 20233,3883,38623,88722,82027$85.64$2.98
Sep 20233,4243,44022,35821,24627$89.43$2.64
Aug 20233,6383,62920,89719,526350$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Pioneer Natural Res. USA, Inc. in Reagan County

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