UNIVERSITY 32-14W
UNIVERSITY 32-14W is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Questa Oil & Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1994 to August 2026, totalling 1,130,591 thousand cubic feet. 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 $325K, with roughly $51K 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 1,905 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 3,614 thousand cubic feet. 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 32-14W
- Who operates UNIVERSITY 32-14W?
- UNIVERSITY 32-14W is operated by Questa Oil & Gas Co., Railroad Commission of Texas operator number 684635.
- Where is UNIVERSITY 32-14W?
- UNIVERSITY 32-14W is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 148670.
- Is UNIVERSITY 32-14W still producing?
- UNIVERSITY 32-14W is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 32-14W is August 2026.
- How much has UNIVERSITY 32-14W produced?
- UNIVERSITY 32-14W has reported 1,130,591 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1994 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 32-14W worth?
- The remaining production from UNIVERSITY 32-14W is estimated to be worth about $325K in total as of 27 August 2026, within a range of $270K to $380K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 32-14W is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 32-14W has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 32-14W is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 32-14W generate in a year?
- UNIVERSITY 32-14W is forecast to net about $51K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 32-14W receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Questa Oil & Gas Co. |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 148670 |
| Wellbores | 1 |
| Reported production | 1,130,591 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $325K |
Where UNIVERSITY 32-14W 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.