UNIVERSITY "1-32"
UNIVERSITY "1-32" is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Pioneer Natural Res. Usa, Inc. It has 37 wellbores on file with the Commission. Reported production runs from June 2007 to August 2026, totalling 3,700,603 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 $1.3M, with roughly $353K expected over the next twelve months.
| Operator | Pioneer Natural Res. Usa, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 16296 |
| Wellbores | 37 |
| Reported production | 3,700,603 bbl |
| First reported | June 2007 |
| Last reported | August 2026 |
| Estimated royalty value | $1.3M |
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.