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Texas oil lease

Producing

UNIVERSITY #1

University #1 is an oil lease in Crane County, Texas, operated by Scout Energy Management LLC in the Block 31 (Devonian) field.

4 wells

4,095bbl oil, last 12 months−11% vs prior year
RRC lease
08-00443

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
40,052 mcf
Oil in Jul 2026
309 bbl

Production by month

Oil output fell 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for UNIVERSITY #1, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 4,095 bbl in the 12 months through Jul 2026, against 4,604 bbl in the 12 months before.Last 12 months: 4,095 bblbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for UNIVERSITY #1, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 4,095 bbl in the 12 months through Jul 2026, against 4,604 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

88% of the gas went to a transmission line in the last 12 months

Flaring peaked at 6.0% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
88% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY #1 gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months. Flaring peaked at 6.0% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
88% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY #1 gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months. Flaring peaked at 6.0% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 6.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    88% · 35,187 mcf

  • Lease fuel (1)

    12% · 4,664 mcf

  • Flared (4)

    0.5% · 201 mcf

0.5% of the gas flared in the last 12 months. 4 months above 3%.

4 wells on this lease

Wells on UNIVERSITY #1
API numberWell no.Status
42-103-039781Active
42-103-331894Active
42-103-333505Active
42-103-337886Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers50Jun 1, 2025–
Enterprise Crude Oil LLCOilGathers50Jun 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100May 1, 2020–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Bml, Inc. BOilGathers100May 1, 2020Jun 1, 2025
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011May 1, 2020
Trafigura Trading LLCOilGathers100May 1, 2017May 1, 2020

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

320 acres on the newest permit

Permits for University #1
API numberWell no.Acreson the permit
42-103-333505320
42-103-331894320
42-103-337886320
42-103-039781–

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY #1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263093553,2982,9770$80.46$2.89
Jun 20263743583,3502,709201$84.81$3.15
May 20263303543,0472,6510$102.13$2.94
Apr 20262801763,0422,6570$100.32$2.77
Mar 20262073552,5982,2840$91.38$3.04
Feb 20264183593,5243,1200$64.51$3.62
Jan 20263183683,3242,9960$60.04$7.72
Dec 20254535293,8583,3780$57.97$4.26
Nov 20253713663,2752,8870$60.06$3.79
Oct 20253641753,4973,1050$60.89$3.19
Sep 20253755253,6703,2380$63.96$2.97
Aug 20252961753,5693,1850$64.86$2.91
Jul 20253543543,9253,4610$68.39$3.20
Jun 20253333623,7923,3440$68.17$3.02
May 20253823733,7883,3030$62.17$3.12
Apr 20253593643,6883,030218$63.54$3.42
Mar 20253593733,7603,2800$68.24$4.12
Feb 20253813883,5553,1820$71.53$4.19
Jan 20254453774,0023,305235$75.74$4.13
Dec 20245005694,3013,8370$70.12$3.01
Nov 20244705413,9963,5620$69.95$2.12
Oct 20243203403,4003,0820$71.99$2.20
Sep 20243331733,0992,7630$70.24$2.28
Aug 20243683803,4123,0760$76.68$1.99
Jul 20243583883,0202,7180$81.80$2.07
Jun 20244233654,0403,6320$79.77$2.54
May 20243363693,9913,5670$80.02$2.12
Apr 20244245673,8193,4530$85.35$1.60
Mar 20245123734,0583,6260$81.28$1.49
Feb 20243943833,5693,1050$77.25$1.72
Jan 20243483723,5813,1330$74.15$3.18
Dec 20233853793,7343,3020$71.90$2.52
Nov 20233543673,8443,3880$77.69$2.71
Oct 20233503804,0023,305201$85.64$2.98
Sep 20233873853,9383,5200$89.43$2.64
Aug 20233983814,1543,7270$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

Scout Energy Management LLC in Crane County

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Block 31 (Devonian) field

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