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Texas oil lease

Producing

UNIVERSITY 5-35 N1

University 5-35 N1 is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

21,617bbl oil, last 12 months−13% vs prior year
RRC lease
08-63147

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
35,068 mcf
Oil in Jul 2026
1,991 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 5-35 N1, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 21,617 bbl in the 12 months through Jul 2026, against 24,915 bbl in the 12 months before.Last 12 months: 21,617 bblbbl per monthmcf per month002,0002,0004,0004,0006,0006,0008,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 5-35 N1, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 21,617 bbl in the 12 months through Jul 2026, against 24,915 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0002,0004,0004,0006,0006,0008,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 12.0% of the gas in Nov 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY 5-35 N1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 12.0% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 12.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY 5-35 N1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 12.0% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 12.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 29,205 mcf

  • Transmission line (2)

    15% · 5,279 mcf

  • Flared (4)

    1.7% · 584 mcf

1.7% of the gas flared in the last 12 months. 9 months above 3%.

1 well on this lease

Wells on UNIVERSITY 5-35 N1
API numberWell no.Status
42-003-48502H 1MSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Jul 11, 2023
Enlink Gas Marketing, LPCasinghead gasBuys90Jul 11, 2023
Dcp Operating Company, LPCasinghead gasBuys10Jul 11, 2023
Enlink Permian, LLCCasinghead gasGathers90Jul 11, 2023
Dcp Operating Company, LPCasinghead gasGathers10Jul 11, 2023

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

566.41 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for University 5-35 N1
API numberWell no.Acreson the permit
42-003-48502H 1MS566.41

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

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV).
Realized prices reported by Ovintiv Inc.
QuarterOil$ per bblFiling
Q2 2026$100.69SEC filing
Q1 2026$72.62SEC filing
Q4 2025$59.55SEC filing
Q3 2025$66.22SEC filing
Q2 2025$64.50SEC filing
Q1 2025$71.79SEC filing

SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 5-35 N1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,9912,0113,5513,5510$80.46$2.89
Jun 20261,2191,1982,0312,0310$84.81$3.15
May 20261,7361,7393,2483,2480$102.13$2.94
Apr 20261,8211,8163,8033,8030$100.32$2.77
Mar 20261,9431,9413,5733,5730$91.38$3.04
Feb 20261,6581,6592,6272,6270$64.51$3.62
Jan 20261,9801,9813,2023,2020$60.04$7.72
Dec 20251,9421,9452,9652,9650$57.97$4.26
Nov 20251,9361,9292,9132,562351$60.06$3.79
Oct 20251,2961,3051,8971,87423$60.89$3.19
Sep 20252,1602,1532,5412,44398$63.96$2.97
Aug 20251,9351,9372,7172,605112$64.86$2.91
Jul 20252,0432,0642,8422,82616$68.39$3.20
Jun 20252,0031,9842,8772,587290$68.17$3.02
May 20252,3602,3602,6602,491169$62.17$3.12
Apr 20252,3712,3732,7642,74618$63.54$3.42
Mar 20252,3812,3822,3162,3097$68.24$4.12
Feb 20251,9741,9671,5511,5474$71.53$4.19
Jan 20251,2571,2479709673$75.74$4.13
Dec 2024014304291$70.12$3.01
Nov 202458773583571$69.95$2.12
Oct 20243,1833,1864,9254,89629$71.99$2.20
Sep 20243,6343,6345,2055,16936$70.24$2.28
Aug 20243,6513,6505,1905,16030$76.68$1.99
Jul 20243,9403,9475,1475,09156$81.80$2.07
Jun 20243,9763,9735,1924,993199$79.77$2.54
May 20243,4543,4513,8293,77356$80.02$2.12
Apr 20243,2593,2593,6503,63317$85.35$1.60
Mar 20243,5033,5173,4903,46030$81.28$1.49
Feb 20243,8723,8953,2893,24148$77.25$1.72
Jan 20244,4754,4873,5763,55224$74.15$3.18
Dec 20235,3955,4194,7984,615183$71.90$2.52
Nov 20236,4956,4465,2275,037190$77.69$2.71
Oct 20233,0943,0742,5322,292240$85.64$2.98
Sep 20232,2582,2651,8931,87122$89.43$2.64
Aug 20235,2335,2234,2054,14065$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

Ovintiv USA Inc. in Andrews County

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Spraberry (Trend Area) field

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