UNIVERSITY 45
UNIVERSITY 45 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Approach Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 285,024 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 $89K, with roughly $15K 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 424 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 1,335 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 45
- Who operates UNIVERSITY 45?
- UNIVERSITY 45 is operated by Approach Operating LLC, Railroad Commission of Texas operator number 028625.
- Where is UNIVERSITY 45?
- UNIVERSITY 45 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 247114.
- Is UNIVERSITY 45 still producing?
- UNIVERSITY 45 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 45 is August 2026.
- How much has UNIVERSITY 45 produced?
- UNIVERSITY 45 has reported 285,024 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 45 worth?
- The remaining production from UNIVERSITY 45 is estimated to be worth about $89K in total as of 26 August 2026, within a range of $69K to $108K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 45 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 45 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 45 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 45 generate in a year?
- UNIVERSITY 45 is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 45 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Approach Operating LLC |
|---|---|
| Field | Holt Ranch (Canyon 7600) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 247114 |
| Wellbores | 1 |
| Reported production | 285,024 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $89K |
Where UNIVERSITY 45 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.