University 12

Oil & Gas Property in Reagan County, TX

Property Summary

Key data points for University 12

CountyReagan County, TX
Production DatesMay 2013 - Jan 2025
Total Oil Production207,119 BBLs
Total Gas Production688,332 MCF
Recent Oil Production629 BBLs in Dec 2024
Recent Gas Production4,621 MCF in Dec 2024
Wells on Property4

Our Valuation Estimates for University 12

ShaleAssessment

$39,057 *

MarketMultiple

$94,705 **

* 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 Jan 2025

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, TX4,082 BBLs15,627 MCFJan 2025
Chico CompanyReagan County, TX1,131 BBLs13,874 MCFJan 2025
Chico East 2-28 Alloc 02Reagan County, TX1,728 BBLs6,356 MCFJan 2025
Chico East Allocation AReagan County, TX536 BBLs4,229 MCFJan 2025
FriendCrockett County, TX268 BBLs600 MCFJan 2025
Friend StReagan County, TX1 BBLs30 MCFJan 2025
J. P. LeaseReagan County, TX246 BBLs233 MCFJan 2025
LV FriendReagan County, TX56 BBLs0 MCFJan 2025
NealCrockett County, TX57 BBLs0 MCFJan 2025
Neal MaggieCrockett County, TX74 BBLs0 MCFJan 2025
Skelly-UniversityReagan County, TX44 BBLs8 MCFJan 2025
StateCrockett County, TX918 BBLs724 MCFJan 2025
State Of Texas -CQCrockett County, TX50 BBLs711 MCFJan 2025
TangeloReagan County, TX0 BBLs0 MCFJan 2025
TexasReagan County, TX904 BBLs799 MCFJan 2025
Thomason UniversityCrockett County, TX152 BBLs158 MCFJan 2025
Ul ReaganReagan County, TX113 BBLs230 MCFJan 2025
YoungReagan County, TX212 BBLs7 MCFJan 2025
Young ChicoReagan County, TX54 BBLs0 MCFJan 2025
Young WalterReagan County, TX2 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.