UNIVERSITY 16-21
UNIVERSITY 16-21 is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Enertex, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,523,935 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 $279K, with roughly $57K 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 2,547 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 4,979 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 16-21
- Who operates UNIVERSITY 16-21?
- UNIVERSITY 16-21 is operated by Enertex, Inc., Railroad Commission of Texas operator number 252127.
- Where is UNIVERSITY 16-21?
- UNIVERSITY 16-21 is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 053610.
- Is UNIVERSITY 16-21 still producing?
- UNIVERSITY 16-21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 16-21 is August 2026.
- How much has UNIVERSITY 16-21 produced?
- UNIVERSITY 16-21 has reported 1,523,935 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 16-21 worth?
- The remaining production from UNIVERSITY 16-21 is estimated to be worth about $279K in total as of 27 August 2026, within a range of $231K to $326K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 16-21 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 16-21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 16-21 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 16-21 generate in a year?
- UNIVERSITY 16-21 is forecast to net about $57K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 16-21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enertex, Inc. |
|---|---|
| Field | R.O.C. (Ellen.) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 053610 |
| Wellbores | 1 |
| Reported production | 1,523,935 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $279K |
Where UNIVERSITY 16-21 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.