Texas oil lease
ProducingUNIVERSITY 2404 EAST C
University 2404 East C is an oil lease in Reagan County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.
2 wells
- Operator
- Apache Corporation
- County
- Reagan County
- RRC lease
- 7C-21084
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 192,688 mcf
- Oil in Jul 2026
- 4,344 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: CANES MIDSTREAM G&P LLC replaced COGENT MIDSTREAM 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.
See why checks stop on this leaseProduction by month
Oil output fell 16% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
50% · 96,383 mcf
Transmission line (2)
43% · 82,391 mcf
Lease fuel (1)
7.2% · 13,911 mcf
Flared (4)
0.0% · 3 mcf
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-383-40697 | 6HM | Active |
| 42-383-40698 | 7HA | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Apr 27, 2020 | – |
| Canes Midstream G&p LLC | Casinghead gas | Buys | 100 | Dec 1, 2024 | – |
| Canes Midstream G&p LLC | Casinghead gas | Gathers | 100 | Dec 1, 2024 | – |
| Cogent Midstream Westex, LLC | Casinghead gas | Gathers | 100 | Apr 27, 2020 | Dec 1, 2024 |
| Cogent Midstream Westex, LLC | Casinghead gas | Buys | 100 | Apr 27, 2020 | Dec 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
641.60 acres on the newest permit
- Worth asking
A production sharing agreement well is on this lease
A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-383-40697 | 6HM | Jul 18, 2019 | Apr 17, 2020 | 641.60 |
| 42-383-40698 | 7HA | Jul 18, 2019 | Apr 27, 2020 | 641.60 |
What APA Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.24 | $0.60 | $25.41 | SEC filing |
| Q1 2026 | $78.69 | $2.12 | $20.96 | SEC filing |
| Q4 2025 | $61.03 | $2.10 | $20.95 | SEC filing |
| Q3 2025 | $67.43 | $2.25 | $20.65 | SEC filing |
| Q2 2025 | $65.58 | $2.28 | $20.49 | SEC filing |
| Q1 2025 | $73.73 | $2.81 | $28.75 | SEC filing |
SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 4,344 | 4,345 | 18,343 | 17,218 | 0 | $80.46 | $2.89 |
| Jun 2026 | 3,586 | 3,521 | 8,570 | 7,445 | 1 | $84.81 | $3.15 |
| May 2026 | 3,756 | 3,797 | 17,764 | 16,646 | 0 | $102.13 | $2.94 |
| Apr 2026 | 3,955 | 3,897 | 18,035 | 16,887 | 0 | $100.32 | $2.77 |
| Mar 2026 | 2,403 | 2,385 | 12,084 | 11,108 | 0 | $91.38 | $3.04 |
| Feb 2026 | 2,140 | 2,328 | 13,086 | 12,102 | 2 | $64.51 | $3.62 |
| Jan 2026 | 2,509 | 2,352 | 13,529 | 12,202 | 0 | $60.04 | $7.72 |
| Dec 2025 | 3,983 | 4,008 | 20,410 | 18,868 | 0 | $57.97 | $4.26 |
| Nov 2025 | 3,958 | 3,924 | 16,475 | 15,283 | 0 | $60.06 | $3.79 |
| Oct 2025 | 3,909 | 3,909 | 19,198 | 17,963 | 0 | $60.89 | $3.19 |
| Sep 2025 | 3,309 | 3,289 | 16,394 | 15,444 | 0 | $63.96 | $2.97 |
| Aug 2025 | 3,820 | 3,846 | 18,800 | 17,608 | 0 | $64.86 | $2.91 |
| Jul 2025 | 4,167 | 4,171 | 17,829 | 16,618 | 0 | $68.39 | $3.20 |
| Jun 2025 | 3,917 | 3,895 | 21,113 | 19,607 | 1 | $68.17 | $3.02 |
| May 2025 | 3,814 | 3,823 | 18,219 | 16,827 | 0 | $62.17 | $3.12 |
| Apr 2025 | 3,935 | 3,943 | 16,207 | 14,772 | 0 | $63.54 | $3.42 |
| Mar 2025 | 3,902 | 3,980 | 20,733 | 19,305 | 0 | $68.24 | $4.12 |
| Feb 2025 | 3,609 | 3,496 | 18,334 | 17,212 | 0 | $71.53 | $4.19 |
| Jan 2025 | 4,204 | 4,237 | 21,164 | 20,029 | 0 | $75.74 | $4.13 |
| Dec 2024 | 4,586 | 4,556 | 20,244 | 18,863 | 0 | $70.12 | $3.01 |
| Nov 2024 | 4,244 | 4,243 | 20,371 | 19,074 | 0 | $69.95 | $2.12 |
| Oct 2024 | 3,976 | 3,990 | 19,587 | 18,345 | 7 | $71.99 | $2.20 |
| Sep 2024 | 4,492 | 4,503 | 20,213 | 18,929 | 15 | $70.24 | $2.28 |
| Aug 2024 | 4,545 | 4,518 | 21,640 | 20,262 | 101 | $76.68 | $1.99 |
| Jul 2024 | 4,033 | 4,025 | 19,098 | 17,761 | 37 | $81.80 | $2.07 |
| Jun 2024 | 4,403 | 4,416 | 19,891 | 18,503 | 0 | $79.77 | $2.54 |
| May 2024 | 4,982 | 5,018 | 24,216 | 22,860 | 0 | $80.02 | $2.12 |
| Apr 2024 | 4,781 | 4,754 | 21,868 | 20,519 | 0 | $85.35 | $1.60 |
| Mar 2024 | 5,150 | 5,185 | 22,637 | 21,150 | 0 | $81.28 | $1.49 |
| Feb 2024 | 5,115 | 5,083 | 19,732 | 18,370 | 0 | $77.25 | $1.72 |
| Jan 2024 | 4,500 | 4,513 | 15,164 | 13,781 | 4 | $74.15 | $3.18 |
| Dec 2023 | 5,356 | 5,478 | 29,421 | 27,497 | 0 | $71.90 | $2.52 |
| Nov 2023 | 4,803 | 4,839 | 10,223 | 8,962 | 14 | $77.69 | $2.71 |
| Oct 2023 | 5,116 | 5,093 | 25,467 | 23,506 | 0 | $85.64 | $2.98 |
| Sep 2023 | 4,942 | 4,997 | 28,456 | 26,641 | 33 | $89.43 | $2.64 |
| Aug 2023 | 6,186 | 6,259 | 29,540 | 27,553 | 101 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Apache Corporation in Reagan County
- SRH
51,198 bbl
- SRH E
55,862 bbl
- ALDWELL 0611 E
47,303 bbl
- SRH G
54,333 bbl
- SRH A
46,427 bbl
- WEATHERBY 2728 UNIT
46,584 bbl
- SRH B
43,424 bbl
- WEATHERBY 1231
28,232 bbl
- UNIVERSITY 25W
24,415 bbl
- HARTGROVE 0401
25,288 bbl
Spraberry (Trend Area) field
- NICKEL SALOON B
39,929 bbl
- UNIVERSITY 3-310 PU
49,310 bbl
- EMMY C
30,092 bbl
- CLARKSON 7-26 F
18,992 bbl
- HOLLIS 10-33-52 B
39,912 bbl
- ALETHA 5
43,687 bbl
- COWTOWNS CAT 3903A
45,038 bbl
- HONEY BEE A 20-29
37,157 bbl
- DIVIDE DRAW C
40,265 bbl
- UL BOET F
42,297 bbl
Leases within 10 km
- UNIVERSITY 2404 EAST A
18,274 bbl · 0 km
- UNIVERSITY "24"
0 bbl · 0.4 km
- RICK DINNER EAST I 1228-1227
40,317 bbl · 0.4 km
- RICK DINNER EAST K 1228-1227
63,404 bbl · 0.4 km
- RICK DINNER EAST M 1228-1227
24,243 bbl · 0.4 km
- RICK DINNER EAST O 1228-1227
53,495 bbl · 0.4 km
- WEATHERBY 2728 UNIT
46,584 bbl · 0.4 km
- UNIVERSITY 25W
24,415 bbl · 0.6 km
- UNIVERSITY 2404 HZ UNIT
22,824 bbl · 0.6 km
- WEATHERBY -E-
0 bbl · 0.7 km
Drilling permits within 10 km
BB WEST UL G 1210-30 #4407H
new drill · horizontal · De Central Operating, LLC · Reagan County · 9.6 km
Permit 0916549 · Jul 24, 2026
BB WEST UL E 1210-30 #4305H
new drill · horizontal · De Central Operating, LLC · Reagan County · 9.6 km
Permit 0916547 · Jul 24, 2026
BB WEST C 1210-1209 #4203H
new drill · horizontal · De Central Operating, LLC · Reagan County · 9.6 km
Permit 0916544 · Jul 24, 2026
BB WEST C 1210-1209 #4403H
new drill · horizontal · De Central Operating, LLC · Reagan County · 9.6 km
Permit 0916540 · Jul 24, 2026
BB WEST UL G 1210-30 #4207H
new drill · horizontal · De Central Operating, LLC · Reagan County · 9.6 km
Permit 0916550 · Jul 24, 2026