UNIVERSITY 1-28A UNIT
UNIVERSITY 1-28A UNIT is a Texas gas lease in Andrews County, Railroad Commission district 08, operated by Elevation Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 1,194,747 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 $285K, with roughly $52K 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 316 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 45,049 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 1-28A UNIT
- Who operates UNIVERSITY 1-28A UNIT?
- UNIVERSITY 1-28A UNIT is operated by Elevation Resources LLC, Railroad Commission of Texas operator number 247756.
- Where is UNIVERSITY 1-28A UNIT?
- UNIVERSITY 1-28A UNIT is a Texas gas lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283654.
- Is UNIVERSITY 1-28A UNIT still producing?
- UNIVERSITY 1-28A UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 1-28A UNIT is August 2026.
- How much has UNIVERSITY 1-28A UNIT produced?
- UNIVERSITY 1-28A UNIT has reported 1,194,747 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2016 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 1-28A UNIT worth?
- The remaining production from UNIVERSITY 1-28A UNIT is estimated to be worth about $285K in total as of 27 August 2026, within a range of $222K to $348K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 1-28A UNIT is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 1-28A UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 1-28A UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 1-28A UNIT generate in a year?
- UNIVERSITY 1-28A UNIT is forecast to net about $52K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 1-28A UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Elevation Resources LLC |
|---|---|
| Field | Emma (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 283654 |
| Wellbores | 1 |
| Reported production | 1,194,747 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $285K |
Where UNIVERSITY 1-28A UNIT 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.