UNIVERSITY -22-
UNIVERSITY -22- is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Blanco Oil Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 70,208 barrels. The lease is intermittent. 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 $198K, with roughly $38K 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 46 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was December 2023, at 263 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 -22-
- Who operates UNIVERSITY -22-?
- UNIVERSITY -22- is operated by Blanco Oil Co., Railroad Commission of Texas operator number 074900.
- Where is UNIVERSITY -22-?
- UNIVERSITY -22- is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 06887.
- Is UNIVERSITY -22- still producing?
- UNIVERSITY -22- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY -22- is August 2026.
- How much has UNIVERSITY -22- produced?
- UNIVERSITY -22- has reported 70,208 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is UNIVERSITY -22- worth?
- The remaining production from UNIVERSITY -22- is estimated to be worth about $198K in total as of 26 August 2026, within a range of $109K to $287K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY -22- is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY -22- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY -22- is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY -22- generate in a year?
- UNIVERSITY -22- is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY -22- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blanco Oil Co. |
|---|---|
| Field | Barnhart, South (Ellenburger) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 06887 |
| Wellbores | 2 |
| Reported production | 70,208 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $198K |
Where UNIVERSITY -22- 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.