UNIVERSITY 30-34B
UNIVERSITY 30-34B is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Concho Resources Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2001 to August 2026, totalling 191,102 thousand cubic feet. The lease is intermittent. 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 $10K, with roughly $1K 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 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 1,178 thousand cubic feet. 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 30-34B
- Who operates UNIVERSITY 30-34B?
- UNIVERSITY 30-34B is operated by Concho Resources Inc., Railroad Commission of Texas operator number 170181.
- Where is UNIVERSITY 30-34B?
- UNIVERSITY 30-34B is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 183086.
- Is UNIVERSITY 30-34B still producing?
- UNIVERSITY 30-34B is intermittent. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 30-34B is August 2026.
- How much has UNIVERSITY 30-34B produced?
- UNIVERSITY 30-34B has reported 191,102 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2001 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 30-34B worth?
- The remaining production from UNIVERSITY 30-34B is estimated to be worth about $10K in total as of 26 August 2026, within a range of $5K to $14K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 30-34B is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 30-34B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 30-34B is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 30-34B generate in a year?
- UNIVERSITY 30-34B is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 30-34B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Concho Resources Inc. |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 183086 |
| Wellbores | 1 |
| Reported production | 191,102 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where UNIVERSITY 30-34B 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.