UNIVERSITY BQ
UNIVERSITY BQ is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Apache Corporation. It has 8 wellbores on file with the Commission. Reported production runs from September 2004 to August 2026, totalling 208,444 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 $398K, with roughly $76K 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 99 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was November 2020, at 489 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 BQ
- Who operates UNIVERSITY BQ?
- UNIVERSITY BQ is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is UNIVERSITY BQ?
- UNIVERSITY BQ is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37422.
- Is UNIVERSITY BQ still producing?
- UNIVERSITY BQ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY BQ is August 2026.
- How much has UNIVERSITY BQ produced?
- UNIVERSITY BQ has reported 208,444 barrels of oil (bbl) to the Railroad Commission of Texas between September 2004 and August 2026, from 8 wellbores.
- How much is UNIVERSITY BQ worth?
- The remaining production from UNIVERSITY BQ is estimated to be worth about $398K in total as of 27 August 2026, within a range of $219K to $577K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY BQ is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY BQ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY BQ is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY BQ generate in a year?
- UNIVERSITY BQ is forecast to net about $76K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY BQ 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 | 37422 |
| Wellbores | 8 |
| Reported production | 208,444 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $398K |
Where UNIVERSITY BQ 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.