University 12

Oil & Gas Property in Reagan County, TX

Property Summary

Key data points for University 12

CountyReagan County, TX
Production DatesMay 2013 - Oct 2024
Total Oil Production205,339 BBLs
Total Gas Production677,391 MCF
Recent Oil Production650 BBLs in Sep 2024
Recent Gas Production4,212 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for University 12

ShaleAssessment

$40,677 *

MarketMultiple

$96,003 **

* 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 Oct 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, TX2,418 BBLs6,961 MCFOct 2024
Chico CompanyReagan County, TX1,542 BBLs22,186 MCFOct 2024
Chico East 2-28 Alloc 02Reagan County, TX1,430 BBLs2,336 MCFOct 2024
Chico East Allocation AReagan County, TX721 BBLs2,084 MCFOct 2024
FriendCrockett County, TX428 BBLs660 MCFOct 2024
Friend StReagan County, TX11 BBLs30 MCFOct 2024
J. P. LeaseReagan County, TX283 BBLs229 MCFOct 2024
LV FriendReagan County, TX8 BBLs0 MCFOct 2024
NealCrockett County, TX92 BBLs0 MCFOct 2024
Neal MaggieCrockett County, TX60 BBLs0 MCFOct 2024
Skelly-UniversityReagan County, TX28 BBLs8 MCFOct 2024
StateCrockett County, TX620 BBLs935 MCFOct 2024
State Of Texas -CQCrockett County, TX52 BBLs697 MCFOct 2024
TexasReagan County, TX815 BBLs811 MCFOct 2024
Thomason-UniversityCrockett County, TX89 BBLs145 MCFOct 2024
Ul ReaganReagan County, TX91 BBLs222 MCFOct 2024
Weger UnitCrockett County, TX476 BBLs3 MCFOct 2024
YoungReagan County, TX185 BBLs7 MCFOct 2024
Young ChicoReagan County, TX22 BBLs0 MCFOct 2024
Young WalterReagan County, TX27 BBLs0 MCFOct 2024

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.