UNIVERSITY 1-26 UNIT
UNIVERSITY 1-26 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 November 2015 to August 2026, totalling 2,289,612 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 $1.0M, with roughly $347K 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 7,704 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 120,380 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 1-26 UNIT
- Who operates UNIVERSITY 1-26 UNIT?
- UNIVERSITY 1-26 UNIT is operated by Elevation Resources LLC, Railroad Commission of Texas operator number 247756.
- Where is UNIVERSITY 1-26 UNIT?
- UNIVERSITY 1-26 UNIT is a Texas gas lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 284546.
- Is UNIVERSITY 1-26 UNIT still producing?
- UNIVERSITY 1-26 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 1-26 UNIT is August 2026.
- How much has UNIVERSITY 1-26 UNIT produced?
- UNIVERSITY 1-26 UNIT has reported 2,289,612 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 1-26 UNIT worth?
- The remaining production from UNIVERSITY 1-26 UNIT is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $859K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 1-26 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 1-26 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 1-26 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 1-26 UNIT generate in a year?
- UNIVERSITY 1-26 UNIT is forecast to net about $347K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 1-26 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 | 284546 |
| Wellbores | 1 |
| Reported production | 2,289,612 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where UNIVERSITY 1-26 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.