LEASES · O-10-41966 · OIL · DISTRICT 08

University Lands 30

Reporting

Formentera Operations LLC · Crane County · Dune field

University Lands 30 is an RRC oil lease (O-10-41966) in Crane County operated by Formentera Operations LLC, with 2 wells completed on it.

It has reported 202K barrels of oil and 272K mcf of gas since October 2011, last reporting volume in April 2026 (statewide data runs through April 2026).

It reported 314 barrels of oil in the 12 months through April 2026, down 88% on the year before; the lease peaked at 6.93K barrels in May 2012.

3 operators have filed production on it, most recently Formentera Operations LLC since November 2023.

202K
bbl oil, all reported
272K
mcf gas incl. casinghead
314
bbl oil, 12 months through Apr 2026
-88%
vs the 12 before
2
wells completed on it
6.93K
peak month, bbl (May 2012)

PDQ LEASE REPORTS · FIRST OCT 2011 · LAST VOLUME APR 2026 · STATEWIDE DATA THROUGH APR 2026

Oil by month

Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.

12 months through Apr 2026 314 · prior 12 2,539(-88%)

01K2K2017201820192020202120222023202420252026

Gas by month

Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.

12 months through Apr 2026 1,477 · prior 12 2,633(-44%)

02K4K6K2017201820192020202120222023202420252026

Decline curve

A MODEL FITTED TO THE REPORTS, NOT A REPORT

An Arps exponential curve fitted to the 111 reporting months of oil since the peak in May 2016. The dashed line below is that curve, drawn over the months it was fitted to and then 24 months past the last report; where it parts from the columns is where the model stops describing the lease. It describes the trend of past reports. It does not know about recompletions, shut-ins, or new wells, and it is shown only when the lease reported within the last year and the curve explains most of the history.

26%
first-year decline from the peak (nominal Di 30%)
0.0
b factor (exponential)
0.82
fit R²
2.76K
bbl remaining on the curve, to 1 per month

Oil, barrels reported months since the peak, with the fitted curve and its projection

Last 12 months 314 · prior 12 2,539(-88%)

01K2K201720182019202020212022202320242025202620272028

Fitted exponential curve from the May 2016 peak, dashed 24 months past the last report

Projected monthOct 2026Apr 2027Oct 2027Apr 2028
On the curve, bbl per month60524538

Quoting a projected figure as if it were reported would be wrong; the reported figures are the ones in the charts and the table view. How production is reported →

Who reported it

Each run of months one operator filed the production report, oldest first.

  1. Apache CorporationJul 2011 → Jun 2021 · 120 mo
  2. Slant Operating, LLCJul 2021 → Oct 2023 · 28 mo
  3. Formentera Operations LLCNov 2023 → Jul 2026 · 33 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

2

wells completed on the lease

Shut In
2

Operates them now

Newest permits

All 2 wells, searchable →

About this data

Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.

Developers: this page as JSON is GET /v1/data/leases/tx/o-10-41966, documented in the API reference.