UNIVERSITY SEC. 14
UNIVERSITY SEC. 14 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Polaris Production Corp. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 22,378 barrels. 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 $270K, 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 41 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was April 2023, at 149 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SEC. 14
- Who operates UNIVERSITY SEC. 14?
- UNIVERSITY SEC. 14 is operated by Polaris Production Corp., Railroad Commission of Texas operator number 669000.
- Where is UNIVERSITY SEC. 14?
- UNIVERSITY SEC. 14 is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 00405.
- Is UNIVERSITY SEC. 14 still producing?
- UNIVERSITY SEC. 14 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY SEC. 14 is August 2026.
- How much has UNIVERSITY SEC. 14 produced?
- UNIVERSITY SEC. 14 has reported 22,378 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is UNIVERSITY SEC. 14 worth?
- The remaining production from UNIVERSITY SEC. 14 is estimated to be worth about $270K in total as of 26 August 2026, within a range of $148K to $391K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY SEC. 14 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY SEC. 14 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY SEC. 14 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY SEC. 14 generate in a year?
- UNIVERSITY SEC. 14 is forecast to net about $52K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY SEC. 14 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Polaris Production Corp. |
|---|---|
| Field | Crockett |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 00405 |
| Wellbores | 5 |
| Reported production | 22,378 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $270K |
Where UNIVERSITY SEC. 14 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.