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Texas oil lease

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UNIVERSITY 18-22 B

University 18-22 B is an oil lease in Ward County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.

1 well

4,704bbl oil, last 12 months+7% vs prior year
RRC lease
08-45782

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
4,950 mcf
Oil in Jul 2026
805 bbl

Production by month

Oil output rose 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 7% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 18-22 B, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 4,704 bbl in the 12 months through Jul 2026, against 4,393 bbl in the 12 months before.Last 12 months: 4,704 bblbbl per monthmcf per month002502505005007507501,0001,0001,2501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 7% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 18-22 B, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 4,704 bbl in the 12 months through Jul 2026, against 4,393 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502505005007507501,0001,0001,2501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuelShare of UNIVERSITY 18-22 B gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2026: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuelShare of UNIVERSITY 18-22 B gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Mar 26: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    67% · 3,293 mcf

  • Lease fuel (1)

    33% · 1,657 mcf

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY 18-22 B
API numberWell no.Status
42-475-366642HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers100Sep 1, 2018
Targa Midstream Services LLCCasinghead gasBuys100Jun 1, 2018
Targa Midstream Services LLCCasinghead gasGathers100Jul 30, 2014

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

320.30 acres on the newest permit

Permits for University 18-22 B
API numberWell no.Acreson the permit
42-475-366642H320.30

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What APA Corporation told investors it received

Apache Corporation is linked to APA Corporation (APA).
Realized prices reported by APA Corporation
QuarterOil$ per bblFiling
Q2 2026$98.24SEC filing
Q1 2026$78.69SEC filing
Q4 2025$61.03SEC filing
Q3 2025$67.43SEC filing
Q2 2025$65.58SEC filing
Q1 2025$73.73SEC filing

SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 18-22 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation8059034624620$80.46$2.89
Jun 2026Apache Corporation4513046986980$84.81$3.15
May 2026Apache Corporation6727121210$102.13$2.94
Apr 2026Apache Corporation36084840$100.32$2.77
Mar 2026Apache Corporation3723591391390$91.38$3.04
Feb 2026Apache Corporation3062395051170$64.51$3.62
Jan 2026Apache Corporation426616458920$60.04$7.72
Dec 2025Apache Corporation310367562000$57.97$4.26
Nov 2025Apache Corporation4125463232120$60.06$3.79
Oct 2025Apache Corporation5987017965600$60.89$3.19
Sep 2025Apache Corporation4883244064060$63.96$2.97
Aug 2025Apache Corporation4333843023020$64.86$2.91
Jul 2025Apache Corporation8298826816810$68.39$3.20
Jun 2025Apache Corporation8658327637630$68.17$3.02
May 2025Apache Corporation1,0179891,0971,0970$62.17$3.12
Apr 2025Apache Corporation8017316746740$63.54$3.42
Mar 2025Apache Corporation8012993930$68.24$4.12
Feb 2025Apache Corporation3687361831101$71.53$4.19
Jan 2025Apache Corporation1206190$75.74$4.13
Dec 2024Apache Corporation690351700$70.12$3.01
Nov 2024Apache Corporation650459200$69.95$2.12
Oct 2024Apache Corporation1980593350$71.99$2.20
Sep 2024Apache Corporation890000$70.24$2.28
Aug 2024Apache Corporation055000$76.68$1.99
Jul 2024Callon Petroleum00000$81.80$2.07
Jun 2024Callon Petroleum106411110$79.77$2.54
May 2024Callon Petroleum32018180$80.02$2.12
Apr 2024Callon Petroleum2554352292290$85.35$1.60
Mar 2024Callon Petroleum6186145685680$81.28$1.49
Feb 2024Callon Petroleum5954285765760$77.25$1.72
Jan 2024Callon Petroleum2334153173170$74.15$3.18
Dec 2023Callon Petroleum6514285345340$71.90$2.52
Nov 2023Callon Petroleum2092161631630$77.69$2.71
Oct 2023Callon Petroleum2132313041330$85.64$2.98
Sep 2023Callon Petroleum2642424021320$89.43$2.64
Aug 2023Callon Petroleum2572634451660$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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