UNIVERSITY 2536
UNIVERSITY 2536 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 246,135 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 $2.1M, with roughly $553K 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 761 barrels a month. Its strongest month on the record we hold was February 2017, at 4,905 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 2536
- Who operates UNIVERSITY 2536?
- UNIVERSITY 2536 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is UNIVERSITY 2536?
- UNIVERSITY 2536 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18914.
- Is UNIVERSITY 2536 still producing?
- UNIVERSITY 2536 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 2536 is August 2026.
- How much has UNIVERSITY 2536 produced?
- UNIVERSITY 2536 has reported 246,135 barrels of oil (bbl) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 2536 worth?
- The remaining production from UNIVERSITY 2536 is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 2536 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 2536 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 2536 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 2536 generate in a year?
- UNIVERSITY 2536 is forecast to net about $553K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 2536 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 | 18914 |
| Wellbores | 1 |
| Reported production | 246,135 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where UNIVERSITY 2536 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.