UNIVERSITY 32A
UNIVERSITY 32A is a Texas gas lease in Andrews County, Railroad Commission district 08, operated by Satanta Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 625,806 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 $127K, 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 771 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 2,033 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 32A
- Who operates UNIVERSITY 32A?
- UNIVERSITY 32A is operated by Satanta Oil Company, Railroad Commission of Texas operator number 748744.
- Where is UNIVERSITY 32A?
- UNIVERSITY 32A is a Texas gas lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 034232.
- Is UNIVERSITY 32A still producing?
- UNIVERSITY 32A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 32A is August 2026.
- How much has UNIVERSITY 32A produced?
- UNIVERSITY 32A has reported 625,806 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 32A worth?
- The remaining production from UNIVERSITY 32A is estimated to be worth about $127K in total as of 26 August 2026, within a range of $99K to $155K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 32A is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 32A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 32A is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 32A generate in a year?
- UNIVERSITY 32A is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 32A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Satanta Oil Company |
|---|---|
| Field | Goldsmith, N. (San Andres, Con.) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 034232 |
| Wellbores | 1 |
| Reported production | 625,806 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $127K |
Where UNIVERSITY 32A 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.