University 12

Oil & Gas Property in Reagan County, TX

Property Summary

Key data points for University 12

CountyReagan County, TX
Production DatesMay 2013 - Dec 2024
Total Oil Production206,584 BBLs
Total Gas Production685,080 MCF
Recent Oil Production616 BBLs in Nov 2024
Recent Gas Production3,068 MCF in Nov 2024
Wells on Property4

Our Valuation Estimates for University 12

ShaleAssessment

$39,512 *

MarketMultiple

$95,138 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

University 12 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for University 12
from May 2013 to Dec 2024

Wells on University 12

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-383-32702UNIVERSITY 12/BLK. 12 "B" 1PALO PETROLEUM, INC.Canceled LocationReagan County, TX31.110325-101.469908
42-383-36398UNIVERSITY 12-1 1PIONEER NATURAL RES. USA, INC.Permitted LocationReagan County, TX31.113880-101.469684
42-383-37761UNIVERSITY 12-12A 1HREVERENCE OPERATING LLCProducingReagan County, TX31.106177-101.469214
42-383-38229UNIVERSITY 12-12A 2HRREVERENCE OPERATING LLCProducingReagan County, TX31.106196-101.471354

Leases included in University 12

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
7C-18321UNIVERSITY '12-12A'REVERENCE OPERATING LLCReagan County, TX

Nearby Properties

These are the closest 20 properties to the University 12 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ChicoReagan County, TX3,278 BBLs7,214 MCFDec 2024
Chico CompanyReagan County, TX1,352 BBLs19,131 MCFDec 2024
Chico East 2-28 Alloc 02Reagan County, TX1,679 BBLs5,743 MCFDec 2024
Chico East Allocation AReagan County, TX520 BBLs5,009 MCFDec 2024
FriendCrockett County, TX316 BBLs660 MCFDec 2024
Friend StReagan County, TX4 BBLs30 MCFDec 2024
J. P. LeaseReagan County, TX155 BBLs230 MCFDec 2024
LV FriendReagan County, TX41 BBLs0 MCFDec 2024
NealCrockett County, TX40 BBLs0 MCFDec 2024
Neal MaggieCrockett County, TX55 BBLs0 MCFDec 2024
Skelly-UniversityReagan County, TX38 BBLs8 MCFDec 2024
StateCrockett County, TX682 BBLs955 MCFDec 2024
State Of Texas -CQCrockett County, TX62 BBLs701 MCFDec 2024
TangeloReagan County, TX0 BBLs0 MCFJan 2025
TexasReagan County, TX705 BBLs725 MCFDec 2024
Thomason-UniversityCrockett County, TX146 BBLs140 MCFDec 2024
Ul ReaganReagan County, TX100 BBLs230 MCFDec 2024
YoungReagan County, TX227 BBLs8 MCFDec 2024
Young ChicoReagan County, TX57 BBLs0 MCFDec 2024
Young WalterReagan County, TX18 BBLs0 MCFDec 2024

Frac'ing activity on University 12

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-383-37761UNIVERSITY 12-12A 1H
42-383-38229UNIVERSITY 12-12A 2HR

Owners of University 12

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PIONEER NATURAL RES INC WIUNIVERSITY "12-12A"PIONEER NAT RES USA
2024UNIVERSITY OF TEXAS PUFF LANDSUNIVERSITY "12-12A"PIONEER NAT RES USA

Oil & Gas Sales on University 12

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7C-18321UNIVERSITY '12-12A'Sep 2024UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Sep 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Aug 2024UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Aug 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Jul 2024UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Jun 2024UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'May 2024UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Apr 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Apr 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Apr 2024PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Mar 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Mar 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Mar 2024PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Feb 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Feb 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Feb 2024PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Jan 2024PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Jan 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Jan 2024PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Dec 2023PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Dec 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Dec 2023PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Nov 2023PLAINS MARKETING, L.P.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Nov 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
7C-18321UNIVERSITY '12-12A'Nov 2023PIONEER NATURAL RESOURCES USA, INC.