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UNIVERSITY 2505 HZ UNIT

University 2505 HZ Unit is an oil lease in Reagan County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

4 wells

26,536bbl oil, last 12 months+18% vs prior year
Operator
Apache Corporation
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-18877

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
146,331 mcf
Oil in Jul 2026
1,865 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: CANES MIDSTREAM LOGISTICS LLC replaced COGENT MIDSTREAM LOGISTICS, 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 rose 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 18% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 2505 HZ UNIT, Aug 2023 to Jul 2026. Oil output rose 18% over the last 12 months. 26,536 bbl in the 12 months through Jul 2026, against 22,578 bbl in the 12 months before.Last 12 months: 26,536 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 18% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 2505 HZ UNIT, Aug 2023 to Jul 2026. Oil output rose 18% over the last 12 months. 26,536 bbl in the 12 months through Jul 2026, against 22,578 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

93% of the gas went to a transmission line in the last 12 months

Flaring peaked at 100.0% of the gas in Dec 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 2505 HZ UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 2505 HZ UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 136,149 mcf

  • Lease fuel (1)

    6.6% · 9,708 mcf

  • Flared (4)

    0.3% · 474 mcf

0.3% of the gas flared in the last 12 months. 11 months above 3%.

4 wells on this lease

Wells on UNIVERSITY 2505 HZ UNIT
API numberWell no.Status
42-383-385441HMActive
42-383-385452HUActive
42-383-385463HMActive
42-383-385514HUActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Feb 1, 2020–
Canes Midstream Logistics LLCCasinghead gasBuys100Dec 1, 2024–
Canes Midstream Logistics LLCCasinghead gasGathers100Dec 1, 2024–
Cogent Midstream Logistics, LLCCasinghead gasGathers100Feb 1, 2020Dec 1, 2024
Cogent Midstream Logistics, LLCCasinghead gasBuys100Feb 1, 2020Dec 1, 2024
Lucid Energy Westex, LLCCasinghead gasGathers100Sep 28, 2014Feb 1, 2020
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015Feb 1, 2020
Trafigura Trading LLCOilGathers100May 1, 2015Feb 1, 2020

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

Who buys my oilOil price check

482.30 acres on the newest permit

Check your decimal on this lease
Permits for University 2505 HZ Unit
API numberWell no.Acreson the permit
42-383-385514HU482.30
42-383-385463HM482.30
42-383-385441HM482.30
42-383-385452HU482.30

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

Unit decimal checker

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 2505 HZ UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,8651,82519,35916,97110$80.46$2.89
Jun 20261,8131,81815,88413,95511$84.81$3.15
May 20262,1412,14215,99313,6909$102.13$2.94
Apr 20261,9911,99114,33512,2145$100.32$2.77
Mar 20262,3822,44213,94712,9387$91.38$3.04
Feb 20262,0652,00710,43610,4333$64.51$3.62
Jan 20262,1552,13010,2149,892322$60.04$7.72
Dec 20252,5442,56711,76611,74323$57.97$4.26
Nov 20252,2802,26110,68810,63949$60.06$3.79
Oct 20252,5192,5039,9229,9220$60.89$3.19
Sep 20252,0502,1117,7857,7850$63.96$2.97
Aug 20252,7312,6416,0025,96735$64.86$2.91
Jul 20251,5851,6392,2862,27412$68.39$3.20
Jun 20252,6072,6353,0012,679322$68.17$3.02
May 20253,1463,1596,0235,647376$62.17$3.12
Apr 20253,0513,0123,1432,551592$63.54$3.42
Mar 20253,9084,0283,0002,480520$68.24$4.12
Feb 20253461747717710$71.53$4.19
Jan 20252,3822,2201,2101,15060$75.74$4.13
Dec 20243945061530153$70.12$3.01
Nov 20241,5171,576729462267$69.95$2.12
Oct 20241,5951,4503,5223,5220$71.99$2.20
Sep 20242703811,9811,613368$70.24$2.28
Aug 20241,7771,83614,00313,090913$76.68$1.99
Jul 20242,2112,18717,56916,0081,561$81.80$2.07
Jun 20242,4182,38616,06215,788274$79.77$2.54
May 20242,0982,08415,84213,77688$80.02$2.12
Apr 20242,4202,44016,33914,1660$85.35$1.60
Mar 20241,9311,92710,9279,6490$81.28$1.49
Feb 20245385413,4502,8772$77.25$1.72
Jan 20241,2901,32110,0318,8830$74.15$3.18
Dec 20232,4352,38718,20016,2140$71.90$2.52
Nov 20232,9252,88118,88016,498488$77.69$2.71
Oct 20232,2922,28011,8569,8510$85.64$2.98
Sep 20231,6971,69011,2569,5470$89.43$2.64
Aug 20231,6801,72215,35213,93493$81.39$2.58

Flared above 3%

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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