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Texas oil lease

Producing

UNIVERSITY -P-

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

4 wells

1,264bbl oil, last 12 months−91% vs prior year
RRC lease
08-25096

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
322 mcf
Oil in Jul 2026
55 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Oil output fell 91% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 91% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -P-, Aug 2023 to Jul 2026. Oil output fell 91% over the last 12 months. 1,264 bbl in the 12 months through Jul 2026, against 13,889 bbl in the 12 months before.Last 12 months: 1,264 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 91% over the last 12 monthsMonthly oil production and gas for UNIVERSITY -P-, Aug 2023 to Jul 2026. Oil output fell 91% over the last 12 months. 1,264 bbl in the 12 months through Jul 2026, against 13,889 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY -P- gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of UNIVERSITY -P- gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Aug 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

4 wells on this lease

Wells on UNIVERSITY -P-
API numberWell no.Status
42-475-107422Shut-in
42-475-315571Active
42-475-352753HShut-in
42-475-353574HActive

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 CompanyOilGathers50Mar 1, 2011Jan 1, 2020
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Mar 1, 2011Jan 1, 2020

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

320.35 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 320.35 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for University -P-
API numberWell no.Acreson the permit
42-475-353574H320.35
42-475-315571320.35
42-475-315571 H320.35
42-475-315571H320.35
42-475-352753H320.35
42-475-107422320

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 -P-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation55031310$80.46$2.89
Jun 2026Apache Corporation47019190$84.81$3.15
May 2026Apache Corporation16118330300$102.13$2.94
Apr 2026Apache Corporation94179000$100.32$2.77
Mar 2026Apache Corporation0012120$91.38$3.04
Feb 2026Apache Corporation14039390$64.51$3.62
Jan 2026Apache Corporation103184000$60.04$7.72
Dec 2025Apache Corporation850000$57.97$4.26
Nov 2025Apache Corporation120177770$60.06$3.79
Oct 2025Apache Corporation18317284840$60.89$3.19
Sep 2025Apache Corporation3363481001000$63.96$2.97
Aug 2025Apache Corporation660000$64.86$2.91
Jul 2025Apache Corporation00000$68.39$3.20
Jun 2025Apache Corporation259350000$68.17$3.02
May 2025Apache Corporation1,1751,5821,7031,7030$62.17$3.12
Apr 2025Apache Corporation1,7361,4312,5822,5820$63.54$3.42
Mar 2025Apache Corporation15401211210$68.24$4.12
Feb 2025Apache Corporation00000$71.53$4.19
Jan 2025Apache Corporation1,2261,4221,3021,3020$75.74$4.13
Dec 2024Apache Corporation1,9221,9592,2462,2460$70.12$3.01
Nov 2024Apache Corporation1,9041,7932,1792,1790$69.95$2.12
Oct 2024Apache Corporation1,8581,9802,3762,3760$71.99$2.20
Sep 2024Apache Corporation1,7691,7912,2432,2430$70.24$2.28
Aug 2024Apache Corporation1,8861,5852,4942,4940$76.68$1.99
Jul 2024Callon Petroleum1,9562,1332,6612,6610$81.80$2.07
Jun 2024Callon Petroleum1,9701,9712,4032,4030$79.77$2.54
May 2024Callon Petroleum2,1452,4892,7972,7970$80.02$2.12
Apr 2024Callon Petroleum1,3331,2621,7141,7140$85.35$1.60
Mar 2024Callon Petroleum1,2981,0261,4981,4980$81.28$1.49
Feb 2024Callon Petroleum1,2251,2761,3661,3660$77.25$1.72
Jan 2024Callon Petroleum1,3101,1001,0801,0800$74.15$3.18
Dec 2023Callon Petroleum9271,1101,0961,0960$71.90$2.52
Nov 2023Callon Petroleum1,8902,0002,4222,4220$77.69$2.71
Oct 2023Callon Petroleum1,9591,8252,7832,6840$85.64$2.98
Sep 2023Callon Petroleum1,9712,0022,8042,3180$89.43$2.64
Aug 2023Callon Petroleum1,8591,7733,6242,7870$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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Nearby

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