UNIVERSITY "29-30E"
UNIVERSITY "29-30E" is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,188 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 $2K, with roughly $282 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 0 barrels a month. Its strongest month on the record we hold was April 2021, at 72 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 "29-30E"
- Who operates UNIVERSITY "29-30E"?
- UNIVERSITY "29-30E" is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is UNIVERSITY "29-30E"?
- UNIVERSITY "29-30E" is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 09859.
- Is UNIVERSITY "29-30E" still producing?
- UNIVERSITY "29-30E" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY "29-30E" is August 2026.
- How much has UNIVERSITY "29-30E" produced?
- UNIVERSITY "29-30E" has reported 7,188 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is UNIVERSITY "29-30E" worth?
- The remaining production from UNIVERSITY "29-30E" is estimated to be worth about $2K in total as of 26 August 2026, within a range of $0 to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY "29-30E" is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY "29-30E" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY "29-30E" is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY "29-30E" generate in a year?
- UNIVERSITY "29-30E" is forecast to net about $282 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY "29-30E" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Ozona (Canyon Sand, Oil) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 09859 |
| Wellbores | 1 |
| Reported production | 7,188 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where UNIVERSITY "29-30E" 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.