UNIVERSITY 2303 E HZ UNIT
UNIVERSITY 2303 E HZ UNIT is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Apache Corporation. It has 4 wellbores on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 756,121 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 $6.9M, with roughly $1.6M 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 2,043 barrels a month, about 511 per wellbore. Its strongest month on the record we hold was July 2016, at 22,950 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 2303 E HZ UNIT
- Who operates UNIVERSITY 2303 E HZ UNIT?
- UNIVERSITY 2303 E HZ UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is UNIVERSITY 2303 E HZ UNIT?
- UNIVERSITY 2303 E HZ UNIT is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18900.
- Is UNIVERSITY 2303 E HZ UNIT still producing?
- UNIVERSITY 2303 E HZ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 2303 E HZ UNIT is August 2026.
- How much has UNIVERSITY 2303 E HZ UNIT produced?
- UNIVERSITY 2303 E HZ UNIT has reported 756,121 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 4 wellbores.
- How much is UNIVERSITY 2303 E HZ UNIT worth?
- The remaining production from UNIVERSITY 2303 E HZ UNIT is estimated to be worth about $6.9M in total as of 27 August 2026, within a range of $5.7M to $8.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 2303 E HZ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 2303 E HZ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 2303 E HZ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 2303 E HZ UNIT generate in a year?
- UNIVERSITY 2303 E HZ UNIT is forecast to net about $1.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 2303 E HZ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 18900 |
| Wellbores | 4 |
| Reported production | 756,121 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.9M |
Where UNIVERSITY 2303 E HZ UNIT 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.