UNIVERSITY 32-13W
UNIVERSITY 32-13W is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from December 2004 to August 2026, totalling 309,029 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 $119K, with roughly $21K 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 553 thousand cubic feet a month. Its strongest month on the record we hold was May 2020, at 1,109 thousand cubic feet. 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 32-13W
- Who operates UNIVERSITY 32-13W?
- UNIVERSITY 32-13W is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is UNIVERSITY 32-13W?
- UNIVERSITY 32-13W is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 208821.
- Is UNIVERSITY 32-13W still producing?
- UNIVERSITY 32-13W is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 32-13W is August 2026.
- How much has UNIVERSITY 32-13W produced?
- UNIVERSITY 32-13W has reported 309,029 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2004 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 32-13W worth?
- The remaining production from UNIVERSITY 32-13W is estimated to be worth about $119K in total as of 27 August 2026, within a range of $93K to $145K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 32-13W is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 32-13W has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 32-13W is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 32-13W generate in a year?
- UNIVERSITY 32-13W is forecast to net about $21K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 32-13W receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 208821 |
| Wellbores | 1 |
| Reported production | 309,029 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $119K |
Where UNIVERSITY 32-13W 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.