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Texas oil lease

Producing

UNIVERSITY -Z-

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

10 wells

1,597bbl oil, last 12 months−21% vs prior year
Operator
Extex Operating Company
County
Crockett County
Field
Farmer (San Andres)
RRC lease
7C-00466

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
9,664 mcf
Oil in Jul 2026
117 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -Z-, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 1,597 bbl in the 12 months through Jul 2026, against 2,028 bbl in the 12 months before.Last 12 months: 1,597 bblbbl per monthmcf per month00502001004001506002008002501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -Z-, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 1,597 bbl in the 12 months through Jul 2026, against 2,028 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502001004001506002008002501,000Jan 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 -Z- 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 -Z- 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.

10 wells on this lease

Wells on UNIVERSITY -Z-
API numberWell no.Status
42-105-023281Active
42-105-023372Active
42-105-023473Active
42-105-023564Shut-in
42-105-352995Active
42-105-353968Active
42-105-354066Active
42-105-354097Active
42-105-370829Shut-in
42-105-3708510Active

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 166.5 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    10 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 -Z-
API numberWell no.Acreson the permit
42-105-370829160
42-105-3708510160
42-105-353968160
42-105-354066160
42-105-354097160
42-105-352995166.50
42-105-023281–
42-105-023372–
42-105-023473–
42-105-023564–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY -Z-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating117886970697$80.46$2.89
Jun 2026Extex Operating1031376860686$84.81$3.15
May 2026Extex Operating142787660766$102.13$2.94
Apr 2026Extex Operating1071147590759$100.32$2.77
Mar 2026Extex Operating1221858390839$91.38$3.04
Feb 2026Extex Operating142937770777$64.51$3.62
Jan 2026Extex Operating1081109020902$60.04$7.72
Dec 2025Extex Operating1501609000900$57.97$4.26
Nov 2025Extex Operating1291318570857$60.06$3.79
Oct 2025Extex Operating1671948360836$60.89$3.19
Sep 2025Extex Operating1521278370837$63.96$2.97
Aug 2025Extex Operating1581578080808$64.86$2.91
Jul 2025Extex Operating1361628690869$68.39$3.20
Jun 2025Extex Operating147967950795$68.17$3.02
May 2025Extex Operating1792098520852$62.17$3.12
Apr 2025Extex Operating1701588280828$63.54$3.42
Mar 2025Extex Operating1661548360836$68.24$4.12
Feb 2025Extex Operating1671897270727$71.53$4.19
Jan 2025Extex Operating1471517990799$75.74$4.13
Dec 2024Extex Operating1951868000800$70.12$3.01
Nov 2024Extex Operating2211948240824$69.95$2.12
Oct 2024Extex Operating1992268760876$71.99$2.20
Sep 2024Extex Operating1731627960796$70.24$2.28
Aug 2024Extex Operating1281146220622$76.68$1.99
Jul 2024Extex Operating1101396040604$81.80$2.07
Jun 2024Extex Operating1511366210621$79.77$2.54
May 2024Extex Operating1511116220622$80.02$2.12
Apr 2024Extex Operating1232096340634$85.35$1.60
Mar 2024Extex Operating178179000$81.28$1.49
Feb 2024Extex Operating151965440544$77.25$1.72
Jan 2024Extex Operating99724900490$74.15$3.18
Dec 2023Extex Operating1261514910491$71.90$2.52
Nov 2023Extex Operating1351675590559$77.69$2.71
Oct 2023Extex Operating115826510651$85.64$2.98
Sep 2023Extex Operating1241136450645$89.43$2.64
Aug 2023Extex Operating1331466390639$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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