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Texas oil lease

No report in 6+ months

UNIVERSITY -24B-

University -24B- is an oil lease in Reagan County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

Oil lease dossier

8bbl oil, last 12 months
RRC lease
7C-16161

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
18 mcf
Oil in Nov 2021
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    All 2 wells on this lease are marked plugged.

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

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Production by month

Oil output fell 100% since Jan 2020

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 100% since Jan 2020Monthly oil production and gas for UNIVERSITY -24B-, Jan 2020 to Nov 2021. Oil output fell 100% since Jan 2020. Monthly average of 0 bbl in the latest 3 months, against 19 bbl in the first 3.Last 12 months: 8 bblbbl per monthmcf per month0010102020303040405050Jan 20AprJulOctJan 21AprJulOct
Oil output fell 100% since Jan 2020Monthly oil production and gas for UNIVERSITY -24B-, Jan 2020 to Nov 2021. Oil output fell 100% since Jan 2020. Monthly average of 0 bbl in the latest 3 months, against 19 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010102020303040405050Jan 20JulJan 21Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2020 the lease's gas goes to lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Oct 2020 the lease's gas goes to lease fuel instead of a transmission lineShare of UNIVERSITY -24B- gas by disposition code each month, Jan 2020 to Nov 2021. Since Oct 2020 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2020: line to fuelJan 20AprJulOctJan 21AprJulOct
Since Oct 2020 the lease's gas goes to lease fuel instead of a transmission lineShare of UNIVERSITY -24B- gas by disposition code each month, Jan 2020 to Nov 2021. Since Oct 2020 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Oct 20: line to fuelJan 20JulJan 21Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    79% · 191 mcf

  • Lease fuel (1)

    21% · 51 mcf

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Dec 1, 2015–
Wtg South Permian Midstream LLCCasinghead gasBuys100Apr 1, 2021–
Wtg South Permian Midstream LLCCasinghead gasGathers100Apr 1, 2021–
Davis Gas Processing, Inc.Casinghead gasGathers100Mar 1, 2007Apr 1, 2021
Davis Gas Processing, Inc.Casinghead gasBuys100Mar 1, 2007Apr 1, 2021

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

159.35 acres on the newest permit

  • Worth asking

    A substandard-acreage flag is in the permit records

    The RRC permit records include a substandard-acreage flag. Ask which acreage applies to your well and how it was used in your decimal.

  • 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.

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for University -24B-
API numberWell no.Acreson the permit
42-383-3586212TM159.35
42-383-304272–

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

23 months, newest first

Ledger for UNIVERSITY -24B-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Nov 202100000$79.15$5.05
Oct 202100000$81.48$5.51
Sep 202100000$71.65$5.16
Aug 202100000$67.73$4.07
Jul 202100000$72.49$3.84
Jun 202100000$71.38$3.26
May 202100000$65.17$2.91
Apr 202100000$61.72$2.66
Mar 202108000$62.33$2.62
Feb 202100000$59.04$5.35
Jan 202130600$52.00$2.71
Dec 20205161200$47.02$2.58
Nov 20201001630$40.94$2.61
Oct 20206261450$39.40$2.39
Sep 20208010100$39.63$1.92
Aug 2020192926260$42.34$2.30
Jul 2020243116160$40.71$1.76
Jun 2020201017170$38.31$1.63
May 202011045450$28.56$1.75
Apr 202061026260$16.55$1.74
Mar 202040990$29.21$1.79
Feb 2020193945340$50.54$1.91
Jan 2020352943320$57.52$2.02

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

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Nearby

Apache Corporation in Reagan County

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Spraberry (Trend Area) field

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New drilling permits in Reagan County

Newest in the county: this lease has no coordinates.