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Texas oil lease

Producing

UNIVERSITY LANDS 4-35

University Lands 4-35 is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

937bbl oil, last 12 months−13% vs prior year
Operator
Ovintiv USA Inc.
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-45285

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
508 mcf
Oil in Jul 2026
23 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 LANDS 4-35, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 937 bbl in the 12 months through Jul 2026, against 1,081 bbl in the 12 months before.Last 12 months: 937 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for UNIVERSITY LANDS 4-35, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 937 bbl in the 12 months through Jul 2026, against 1,081 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 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 100.0% of the gas in Jan 2024.

  • 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 LANDS 4-35 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 100.0% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY LANDS 4-35 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 100.0% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    87% · 488 mcf

  • Transmission line (2)

    13% · 73 mcf

Who has run this lease

The operator changed once, most recently in Jun 2023

Operators of this lease over timePiedra Operating, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Piedra Operating, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePiedra Operating, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Piedra Operating, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY LANDS 4-35
API numberWell no.Status
42-003-452711Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers50Dec 1, 2023–
Shell Trading (Us) CompanyOilGathers50Dec 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers100Nov 1, 2018Dec 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Nov 1, 2018Dec 1, 2023
Energy Trans Crude Marketing LLCOilGathers100Aug 1, 2022Dec 1, 2023
Sentinel Transportation, LLCOilGathers100Feb 1, 2022Aug 1, 2022
Enterprise Crude Oil LLCOilGathers100May 1, 2020Feb 1, 2022
Enlink Crude Purchasing LLCOilGathers100Nov 1, 2019May 1, 2020

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

Who buys my oilOil price check

640 acres on the newest permit

Check your decimal on this lease
Permits for University Lands 4-35
API numberWell no.Acreson the permit
42-003-452711640

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

Unit decimal checker

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 LANDS 4-35
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA236141410$80.46$2.89
Jun 2026Ovintiv USA34028280$84.81$3.15
May 2026Ovintiv USA876045450$102.13$2.94
Apr 2026Ovintiv USA656420200$100.32$2.77
Mar 2026Ovintiv USA11611034340$91.38$3.04
Feb 2026Ovintiv USA2614880$64.51$3.62
Jan 2026Ovintiv USA087000$60.04$7.72
Dec 2025Ovintiv USA21720798980$57.97$4.26
Nov 2025Ovintiv USA17516387870$60.06$3.79
Oct 2025Ovintiv USA636043430$60.89$3.19
Sep 2025Ovintiv USA946163630$63.96$2.97
Aug 2025Ovintiv USA373841410$64.86$2.91
Jul 2025Ovintiv USA759953530$68.39$3.20
Jun 2025Ovintiv USA431034340$68.17$3.02
May 2025Ovintiv USA406034340$62.17$3.12
Apr 2025Ovintiv USA759120200$63.54$3.42
Mar 2025Ovintiv USA10411312120$68.24$4.12
Feb 2025Ovintiv USA12711224240$71.53$4.19
Jan 2025Ovintiv USA12415631310$75.74$4.13
Dec 2024Ovintiv USA143113000$70.12$3.01
Nov 2024Ovintiv USA12611845450$69.95$2.12
Oct 2024Ovintiv USA00000$71.99$2.20
Sep 2024Ovintiv USA12512143430$70.24$2.28
Aug 2024Ovintiv USA991381481480$76.68$1.99
Jul 2024Ovintiv USA144952132130$81.80$2.07
Jun 2024Ovintiv USA13116828824642$79.77$2.54
May 2024Ovintiv USA17614035951308$80.02$2.12
Apr 2024Ovintiv USA19521159509$85.35$1.60
Mar 2024Ovintiv USA2061681670167$81.28$1.49
Feb 2024Ovintiv USA1611721000100$77.25$1.72
Jan 2024Ovintiv USA12412684084$74.15$3.18
Dec 2023Ovintiv USA151142592633$71.90$2.52
Nov 2023Ovintiv USA13113193876$77.69$2.71
Oct 2023Ovintiv USA616163549$85.64$2.98
Sep 2023Ovintiv USA848782820$89.43$2.64
Aug 2023Ovintiv USA8981542628$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

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyAndrews County

Ovintiv USA Inc. in Andrews County

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Spraberry (Trend Area) field

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