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UNIVERSITY 2303 W HZ UNIT

University 2303 W HZ Unit is an oil lease in Reagan County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

4 wells

23,337bbl oil, last 12 months−12% vs prior year
Operator
Apache Corporation
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-18898

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
160,387 mcf
Oil in Jul 2026
1,587 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: CANES MIDSTREAM G&P LLC replaced LUCID ENERGY WESTEX, LLC as the buyer of this lease's gas from oil wells on Dec 1, 2024.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 2303 W HZ UNIT, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 23,337 bbl in the 12 months through Jul 2026, against 26,429 bbl in the 12 months before.Last 12 months: 23,337 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 2303 W HZ UNIT, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 23,337 bbl in the 12 months through Jul 2026, against 26,429 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 2303 W HZ UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY 2303 W HZ UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Jun 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    47% · 75,190 mcf

  • Transmission line (2)

    40% · 64,628 mcf

  • Lease fuel (1)

    13% · 20,351 mcf

  • Flared (4)

    0.1% · 218 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

4 wells on this lease

Wells on UNIVERSITY 2303 W HZ UNIT
API numberWell no.Status
42-383-387562HUActive
42-383-387621HMActive
42-383-387814HUActive
42-383-387823HMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Trafigura Trading LLCOilGathers100Jan 22, 2015–
Canes Midstream G&p LLCCasinghead gasBuys100Dec 1, 2024–
Canes Midstream G&p LLCCasinghead gasGathers100Dec 1, 2024–
Lucid Energy Westex, LLCCasinghead gasGathers100Jan 22, 2015Dec 1, 2024
Lucid Energy Westex, LLCCasinghead gasBuys100Jan 22, 2015Dec 1, 2024

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

Who buys my oilOil price check

480 acres on the newest permit

Check your decimal on this lease
Permits for University 2303 W HZ Unit
API numberWell no.Acreson the permit
42-383-387814HU480
42-383-387823HM480
42-383-387562HU480
42-383-387621HM480

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

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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 2303 W HZ UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,5871,61214,87313,55921$80.46$2.89
Jun 20261,6681,6366,7594,9461$84.81$3.15
May 20261,7211,73814,70512,8861$102.13$2.94
Apr 20261,7781,81712,46910,7000$100.32$2.77
Mar 20262,0472,06613,88912,0351$91.38$3.04
Feb 20262,3212,37013,77912,00528$64.51$3.62
Jan 20261,5541,44412,44410,8642$60.04$7.72
Dec 20252,1872,19513,01311,24019$57.97$4.26
Nov 20252,0652,05013,99612,51334$60.06$3.79
Oct 20252,0962,10414,33012,47311$60.89$3.19
Sep 20251,9271,92111,4559,97510$63.96$2.97
Aug 20252,3862,36518,67516,62290$64.86$2.91
Jul 20251,7001,70513,23311,21831$68.39$3.20
Jun 20251,6831,6969,2947,44924$68.17$3.02
May 20252,1922,19311,86510,09475$62.17$3.12
Apr 20252,1362,14515,88213,913210$63.54$3.42
Mar 20252,2192,26911,0579,2428$68.24$4.12
Feb 20252,1362,0698,7817,13518$71.53$4.19
Jan 20252,5012,51710,4398,88615$75.74$4.13
Dec 20242,6412,61913,96112,12214$70.12$3.01
Nov 20242,2912,2939,4307,81114$69.95$2.12
Oct 20242,2152,2147,4935,99119$71.99$2.20
Sep 20242,2272,24010,0648,52322$70.24$2.28
Aug 20242,4882,4806,6745,15866$76.68$1.99
Jul 20242,4122,40712,86011,17171$81.80$2.07
Jun 20242,5982,60113,25511,6890$79.77$2.54
May 20242,7812,79815,22913,7050$80.02$2.12
Apr 20242,6102,60515,90814,3190$85.35$1.60
Mar 20243,1333,15615,01313,2590$81.28$1.49
Feb 20243,1643,1459,5727,9580$77.25$1.72
Jan 20242,7902,8069,0767,322106$74.15$3.18
Dec 20233,5693,6038,9907,3450$71.90$2.52
Nov 20232,4162,41018,34016,4617$77.69$2.71
Oct 20232,1912,21810,5679,0971$85.64$2.98
Sep 20232,7342,73814,28512,563127$89.43$2.64
Aug 20232,9502,90514,32912,356295$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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Nearby

This lease belongs to

OperatorApache CorporationFieldSpraberry (Trend Area)CountyReagan County

Apache Corporation in Reagan County

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Spraberry (Trend Area) field

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