UNIVERSITY CG
UNIVERSITY CG is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Apache Corporation. It has 2 wellbores on file with the Commission. Reported production runs from June 2006 to August 2026, totalling 19,476 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $159K, with roughly $30K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 40 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was December 2024, at 112 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about UNIVERSITY CG
- Who operates UNIVERSITY CG?
- UNIVERSITY CG is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is UNIVERSITY CG?
- UNIVERSITY CG is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37836.
- Is UNIVERSITY CG still producing?
- UNIVERSITY CG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY CG is August 2026.
- How much has UNIVERSITY CG produced?
- UNIVERSITY CG has reported 19,476 barrels of oil (bbl) to the Railroad Commission of Texas between June 2006 and August 2026, from 2 wellbores.
- How much is UNIVERSITY CG worth?
- The remaining production from UNIVERSITY CG is estimated to be worth about $159K in total as of 27 August 2026, within a range of $88K to $231K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY CG is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY CG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY CG is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY CG generate in a year?
- UNIVERSITY CG is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY CG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Means |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 37836 |
| Wellbores | 2 |
| Reported production | 19,476 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $159K |
Where UNIVERSITY CG sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.