UNIVERSITY SEC. 16
UNIVERSITY SEC. 16 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Polaris Production Corp. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,313 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $4K, with roughly $777 expected over the next twelve months.
| Operator | Polaris Production Corp. |
|---|---|
| Field | Crockett |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 00407 |
| Wellbores | 12 |
| Reported production | 40,313 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
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.