LEASES · O-10-59097 · OIL · DISTRICT 08

University -36B-

Reporting

Formentera Operations LLC · Crane County · Block 31 (Penn. 7620) field

University -36b- is an RRC oil lease (O-10-59097) in Crane County operated by Formentera Operations LLC, with one well completed on it.

It has reported 14.6K barrels of oil and 25.9K mcf of gas since February 2023, last reporting volume in April 2026 (statewide data runs through April 2026).

The last 12 reported months total 2.54K barrels of oil, down 33% on the year before; the lease peaked at 1.04K barrels in February 2023.

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

14.6K
bbl oil, all reported
25.9K
mcf gas incl. casinghead
2.54K
bbl oil, last 12 reported
-33%
vs the 12 before
1
wells completed on it
1.04K
peak month, bbl (Feb 2023)

PDQ LEASE REPORTS · FIRST FEB 2023 · 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.

Last 12 months 2,540 · prior 12 3,787(-33%)

05001K1.5K202420252026

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.

Last 12 months 4,575 · prior 12 6,166(-26%)

01K2K3K202420252026

Decline curve

A MODEL FITTED TO THE REPORTS, NOT A REPORT

An Arps hyperbolic curve fitted to the 39 reporting months of oil since the peak in Feb 2023. 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.

66%
first-year decline from the peak (nominal Di 310%)
1.7
b factor (hyperbolic)
0.93
fit R²
41.4K
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 2,540 · prior 12 3,787(-33%)

05001K1.5K20242025202620272028

Fitted hyperbolic curve from the Feb 2023 peak, dashed 24 months past the last report

Projected monthOct 2026Apr 2027Oct 2027Apr 2028
On the curve, bbl per month184171160151

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. Slant Operating, LLCFeb 2023 → Oct 2023 · 9 mo
  2. Formentera Operations LLCNov 2023 → Jul 2026 · 33 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

1

wells completed on the lease

Producing
1

Operates them now

Newest permits

All 1 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-10-59097, documented in the API reference.