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Texas oil lease

Producing

UNIVERSITY 5-35 N2

University 5-35 N2 is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

22,628bbl oil, last 12 months−10% vs prior year
RRC lease
08-65203

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
27,673 mcf
Oil in Jul 2026
1,568 bbl

Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 5-35 N2, Jun 2024 to Jul 2026. Oil output fell 10% over the last 12 months. 22,628 bbl in the 12 months through Jul 2026, against 25,119 bbl in the 12 months before.Last 12 months: 22,628 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 5-35 N2, Jun 2024 to Jul 2026. Oil output fell 10% over the last 12 months. 22,628 bbl in the 12 months through Jul 2026, against 25,119 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jul 24Jan 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 12.1% 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 N2 gas by disposition code each month, Jun 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 12.1% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 12.1%Jul 24OctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY 5-35 N2 gas by disposition code each month, Jun 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 12.1% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 12.1%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    81% · 22,410 mcf

  • Transmission line (2)

    17% · 4,721 mcf

  • Flared (4)

    2.0% · 542 mcf

2.0% of the gas flared in the last 12 months. 6 months above 3%.

1 well on this lease

Wells on UNIVERSITY 5-35 N2
API numberWell no.Status
42-003-48503H 2MSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Jun 1, 2024
Enlink Gas Marketing, LPCasinghead gasBuys90Jun 1, 2024
Dcp Operating Company, LPCasinghead gasBuys10Jun 1, 2024
Enlink Permian, LLCCasinghead gasGathers90Jun 1, 2024
Dcp Operating Company, LPCasinghead gasGathers10Jun 1, 2024

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 N2
API numberWell no.Acreson the permit
42-003-48503H 2MS566.41

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

26 months, newest first

Ledger for UNIVERSITY 5-35 N2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,5681,6032,3832,3830$80.46$2.89
Jun 20261,6301,5972,2292,2290$84.81$3.15
May 20261,7231,7262,4922,4920$102.13$2.94
Apr 20261,7531,7482,5222,5220$100.32$2.77
Mar 20261,9861,9802,4352,4350$91.38$3.04
Feb 20261,0871,0929739730$64.51$3.62
Jan 20262,0062,0091,8751,8750$60.04$7.72
Dec 20252,2742,2772,8572,8570$57.97$4.26
Nov 20252,2052,2022,6962,371325$60.06$3.79
Oct 20252,2642,2622,5752,54431$60.89$3.19
Sep 20251,5281,5301,7461,67967$63.96$2.97
Aug 20252,6042,6042,8902,771119$64.86$2.91
Jul 20252,2702,3012,5862,57115$68.39$3.20
Jun 20252,7332,7042,8252,540285$68.17$3.02
May 20252,6362,6362,1372,001136$62.17$3.12
Apr 20252,7072,7101,7081,69711$63.54$3.42
Mar 20252,7482,7461,6131,6085$68.24$4.12
Feb 20251,9711,9669699672$71.53$4.19
Jan 20251,5661,5565055041$75.74$4.13
Dec 20243123143543531$70.12$3.01
Nov 20242382575435421$69.95$2.12
Oct 20243,5443,5325,1405,11030$71.99$2.20
Sep 20241,7651,7711,5901,57911$70.24$2.28
Aug 20242,6292,6292,0812,06912$76.68$1.99
Jul 20243,0213,0252,2682,23929$81.80$2.07
Jun 20243,4543,4603,4173,286131$79.77$2.54

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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