University 12

Oil & Gas Property in Reagan County, TX

Property Summary

Key data points for University 12

CountyReagan County, TX
Production DatesMay 2013 - Apr 2025
Total Oil Production208,867 BBLs
Total Gas Production698,101 MCF
Recent Oil Production801 BBLs in Mar 2025
Recent Gas Production4,368 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for University 12

ShaleAssessment

$37,674 *

MarketMultiple

$90,526 **

* 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 Apr 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, TX3,320 BBLs15,019 MCFApr 2025
Chico CompanyReagan County, TX675 BBLs7,754 MCFApr 2025
Chico East 2-28 Alloc 02Reagan County, TX1,888 BBLs6,768 MCFApr 2025
Chico East Allocation AReagan County, TX492 BBLs5,090 MCFApr 2025
FriendCrockett County, TX278 BBLs500 MCFApr 2025
Friend StReagan County, TX1 BBLs31 MCFApr 2025
J. P. LeaseReagan County, TX435 BBLs232 MCFApr 2025
LV FriendReagan County, TX34 BBLs0 MCFApr 2025
NealCrockett County, TX26 BBLs0 MCFApr 2025
Neal MaggieCrockett County, TX119 BBLs0 MCFApr 2025
Skelly-UniversityReagan County, TX33 BBLs8 MCFApr 2025
StateCrockett County, TX722 BBLs530 MCFApr 2025
State Of Texas -CQCrockett County, TX56 BBLs710 MCFApr 2025
TangeloReagan County, TX9,607 BBLs23,263 MCFApr 2025
TexasReagan County, TX883 BBLs645 MCFApr 2025
Thomason UniversityCrockett County, TX133 BBLs135 MCFApr 2025
Ul ReaganReagan County, TX83 BBLs247 MCFApr 2025
YoungReagan County, TX194 BBLs7 MCFApr 2025
Young ChicoReagan County, TX72 BBLs0 MCFApr 2025
Young WalterReagan County, TX0 BBLs0 MCFApr 2025

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'Apr 2025UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Mar 2025UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Mar 2025ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Feb 2025UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Feb 2025ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Jan 2025UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Jan 2025ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Dec 2024UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Dec 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Nov 2024UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Nov 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Oct 2024UNITED ENERGY TRADING LLCREVERENCE OPERATING LLC
7C-18321UNIVERSITY '12-12A'Oct 2024ETC SOUTH PERMIAN MIDSTREAM LLCREVERENCE OPERATING LLC
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.