UNIVERSITY -12-

UNIVERSITY -12- is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Brotherton Production Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 37,148 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 $628, with roughly $121 expected over the next twelve months.

OperatorBrotherton Production Co.
FieldFarmer (San Andres)
CountyReagan County, Texas
RRC district7C
Lease number08277
Wellbores2
Reported production37,148 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$628

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.