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Texas oil lease

Producing

UNIVERSITY "28-18"

University "28-18" is an oil lease in Ward County, Texas, operated by Apache Corporation in the War-Wink, S. (Wolfcamp) field.

2 wells

288bbl oil, last 12 months+136% vs prior year
RRC lease
08-24902

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
1,444 mcf
Oil in Jul 2026
7 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 7 months of state data (through Jul 2026).

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

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Production by month

Oil output rose 136% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 136% over the last 12 monthsMonthly oil production and gas for UNIVERSITY "28-18", Aug 2023 to Jul 2026. Oil output rose 136% over the last 12 months. 288 bbl in the 12 months through Jul 2026, against 122 bbl in the 12 months before.Last 12 months: 288 bblbbl per monthmcf per month0050100100200150300200400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 136% over the last 12 monthsMonthly oil production and gas for UNIVERSITY "28-18", Aug 2023 to Jul 2026. Oil output rose 136% over the last 12 months. 288 bbl in the 12 months through Jul 2026, against 122 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2025 the lease's gas goes to lease fuel instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Oct 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of UNIVERSITY "28-18" gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 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 2025: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of UNIVERSITY "28-18" gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Oct 25: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    97% · 2,718 mcf

  • Transmission line (2)

    3.0% · 85 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.

2 wells on this lease

Wells on UNIVERSITY "28-18"
API numberWell no.Status
42-475-316341Shut-in
42-475-321782Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers80Oct 1, 2023–
Energy Transfer Marketing & TermOilGathers10Oct 1, 2023–
Rio Energy International, Inc.OilGathers10Oct 1, 2023–
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Etp Crude LLCOilGathers10Jan 1, 2020Oct 1, 2023
Rio Energy International, Inc.OilGathers80Jan 1, 2020Oct 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers10Jan 1, 2020Oct 1, 2023
Eastex Crude CompanyOilGathers50Oct 1, 2016Jan 1, 2020
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Oct 1, 2016Jan 1, 2020

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

320 acres on the newest permit

Permits for University "28-18"
API numberWell no.Acreson the permit
42-475-321782320
42-475-316341320

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 "28-18"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation70000$80.46$2.89
Jun 2026Apache Corporation50000$84.81$3.15
May 2026Apache Corporation50000$102.13$2.94
Apr 2026Apache Corporation50000$100.32$2.77
Mar 2026Apache Corporation50000$91.38$3.04
Feb 2026Apache Corporation5025200$64.51$3.62
Jan 2026Apache Corporation8027900$60.04$7.72
Dec 2025Apache Corporation1118127900$57.97$4.26
Nov 2025Apache Corporation41027000$60.06$3.79
Oct 2025Apache Corporation490345660$60.89$3.19
Sep 2025Apache Corporation0179880$63.96$2.97
Aug 2025Apache Corporation147011110$64.86$2.91
Jul 2025Apache Corporation00000$68.39$3.20
Jun 2025Apache Corporation10000$68.17$3.02
May 2025Apache Corporation100000$62.17$3.12
Apr 2025Apache Corporation130000$63.54$3.42
Mar 2025Apache Corporation90000$68.24$4.12
Feb 2025Apache Corporation2025200$71.53$4.19
Jan 2025Apache Corporation8027900$75.74$4.13
Dec 2024Apache Corporation20027900$70.12$3.01
Nov 2024Apache Corporation28027000$69.95$2.12
Oct 2024Apache Corporation11027900$71.99$2.20
Sep 2024Apache Corporation13174000$70.24$2.28
Aug 2024Apache Corporation70000$76.68$1.99
Jul 2024Callon Petroleum280000$81.80$2.07
Jun 2024Callon Petroleum160000$79.77$2.54
May 2024Callon Petroleum24042420$80.02$2.12
Apr 2024Callon Petroleum32054540$85.35$1.60
Mar 2024Callon Petroleum23079790$81.28$1.49
Feb 2024Callon Petroleum8112872720$77.25$1.72
Jan 2024Callon Petroleum125067670$74.15$3.18
Dec 2023Callon Petroleum4315777680$71.90$2.52
Nov 2023Callon Petroleum44081630$77.69$2.71
Oct 2023Callon Petroleum360235730$85.64$2.98
Sep 2023Callon Petroleum440340700$89.43$2.64
Aug 2023Callon Petroleum47181356770$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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