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Texas oil lease

Producing

UNIVERSITY 40

University 40 is an oil lease in Crockett County, Texas, operated by Sem Operating Company LLC in the Lin (Wolfcamp) field.

63 wells

131,658bbl oil, last 12 months−25% vs prior year
RRC lease
7C-17171

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
7,924,838 mcf
Oil in Jul 2026
12,366 bbl

Production by month

Oil output fell 25% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 40, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 131,658 bbl in the 12 months through Jul 2026, against 174,621 bbl in the 12 months before.Last 12 months: 131,658 bblbbl per monthmcf per month0010k200k20k400k30k600k40k800kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 40, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 131,658 bbl in the 12 months through Jul 2026, against 174,621 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k200k20k400k30k600k40k800kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 3.9% of the gas in Sep 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 40 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.9% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of UNIVERSITY 40 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.9% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 3.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 7,909,742 mcf

  • Lease fuel (1)

    0.2% · 15,058 mcf

  • Flared (4)

    0.0% · 38 mcf

63 wells on this lease

Wells on UNIVERSITY 40
API numberWell no.Status
42-105-411421402HActive
42-105-412321404HActive
42-105-412341405HActive
42-105-412511501HActive
42-105-412521502HActive
42-105-412571503HActive
42-105-412581504HActive
42-105-412962102HActive
42-105-413121403HActive
42-105-413261303HActive
42-105-413291505HActive
42-105-414032104HActive
42-105-414052106HActive
42-105-414231407HActive
42-105-414241411HShut-in
42-105-414271406HActive
42-105-414301408HActive
42-105-414311409HActive
42-105-414321410HActive
42-105-415721506HActive
42-105-415731507HActive
42-105-415791412HActive
42-105-423602101WCActive
42-105-424382123WBActive
42-105-424412201WBShut-in
42-105-424492207WBActive
42-105-424502209WBActive
42-105-425072113WBActive
42-105-425092113WCActive
42-105-425102117WCActive
42-105-425112121WCActive
42-105-425172208WCActive
42-105-425182204WCActive
42-105-425192205WBShut-in
42-105-425202206WCActive
42-105-425212109WCActive
42-105-425222101WBActive
42-105-425232105WBActive
42-105-425242109WBActive
42-235-344621401Active
42-235-344851301HActive
42-235-346211101WDShut-in
42-235-346241302HActive
42-235-346791308HActive
42-235-347041309HActive
42-235-347321305HActive
42-235-347331306HActive
42-235-347341307HActive
42-235-348311304HActive
42-235-348471310HActive
42-235-348521311HActive
42-235-348551312HActive
42-235-348561313HActive
42-235-348571314HActive
42-235-348841002HActive
42-235-348851003HActive
42-235-348861001HActive
42-235-362141112WBActive
42-235-362151001WCActive
42-235-362461104WCActive
42-235-362471105WCActive
42-235-367441304WCActive
42-235-367451306WCActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers100Jun 1, 2020–
Canes Midstream G&p LLCCasinghead gasBuys34Sep 1, 2024–
Dcp Operating Company, LPCasinghead gasBuys33May 1, 2021–
Et Gathering & Processing LLCCasinghead gasBuys33Sep 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers34Sep 1, 2024–
Dcp Operating Company, LPCasinghead gasGathers33May 1, 2021–
Energy Transfer CompanyCasinghead gasGathers33Sep 1, 2024–
Cogent Midstream Westex, LLCCasinghead gasGathers33May 1, 2021Sep 1, 2024
Wtg South Permian Midstream LLCCasinghead gasGathers34May 1, 2021Sep 1, 2024
Cogent Midstream Westex, LLCCasinghead gasBuys33May 1, 2021Sep 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys34May 1, 2021Sep 1, 2024
Cogent Midstream Westex, LLCCasinghead gasGathers14Feb 1, 2019May 1, 2021
Dcp Operating Company, LPCasinghead gasGathers43Feb 1, 2019May 1, 2021

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

10,040.07 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 619 and 13,982.25 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    67 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 40
API numberWell no.Acreson the permit
42-235-367441304WC10,040.07
42-235-367451306WC10,040.07
42-235-367461310WC10,040.07
42-105-425242109WB10,040.07
42-105-425212109WC10,040.07
42-105-425222101WB10,040.07
42-105-425232105WB10,040.07
42-105-425172208WC10,040.07
42-105-425182204WC10,040.07
42-105-425192205WB10,040.07
42-105-425202206WC10,040.07
42-105-425072113WB10,040.07

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 40
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202612,36612,878587,640586,27220$80.46$2.89
Jun 20268,8188,593657,016655,8420$84.81$3.15
May 20269,70510,111664,911663,4090$102.13$2.94
Apr 202610,2139,987642,258640,7260$100.32$2.77
Mar 202611,23710,781679,394677,9050$91.38$3.04
Feb 202610,28811,016613,646612,5720$64.51$3.62
Jan 202612,43511,989664,680663,44518$60.04$7.72
Dec 202512,54312,644680,906679,6900$57.97$4.26
Nov 202511,12411,552645,113643,8920$60.06$3.79
Oct 202511,13311,308686,412685,2880$60.89$3.19
Sep 202510,81910,152686,430685,3690$63.96$2.97
Aug 202510,97711,301716,432715,3320$64.86$2.91
Jul 202511,60310,972710,411709,2290$68.39$3.20
Jun 202511,55311,605701,861700,7720$68.17$3.02
May 202512,27713,514716,478715,2390$62.17$3.12
Apr 202512,96211,779700,855699,6150$63.54$3.42
Mar 202514,04214,623727,271725,9570$68.24$4.12
Feb 202514,15514,586659,076657,7930$71.53$4.19
Jan 202517,02916,184724,529722,9732$75.74$4.13
Dec 202416,82917,588737,015735,7540$70.12$3.01
Nov 202416,00415,319714,558713,3840$69.95$2.12
Oct 202416,02315,989754,978753,5390$71.99$2.20
Sep 202415,92416,586744,027742,1190$70.24$2.28
Aug 202416,22015,477744,027742,1190$76.68$1.99
Jul 202416,94717,552740,692738,7560$81.80$2.07
Jun 202417,30018,251722,875720,9200$79.77$2.54
May 202418,61417,689714,229712,076142$80.02$2.12
Apr 202420,17220,812729,406727,7030$85.35$1.60
Mar 202422,52922,812736,671734,88920$81.28$1.49
Feb 202422,52622,181673,018668,7802,045$77.25$1.72
Jan 202426,64626,799708,312702,0023,034$74.15$3.18
Dec 202327,71728,454729,090724,909958$71.90$2.52
Nov 202328,64228,755714,959710,2541,527$77.69$2.71
Oct 202331,31830,816769,234764,4521,201$85.64$2.98
Sep 202329,08328,451614,289587,06524,217$89.43$2.64
Aug 202333,03233,307591,080573,90611,779$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

Sem Operating Company LLC in Crockett County

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Lin (Wolfcamp) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km