UNIVERSITY "12-12"
UNIVERSITY "12-12" is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Pioneer Natural Res. Usa, Inc. It has 4 wellbores on file with the Commission. Reported production runs from October 2007 to August 2026, totalling 31,721 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 $8K, with roughly $2K 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 | 16384 |
| Wellbores | 4 |
| Reported production | 31,721 bbl |
| First reported | October 2007 |
| Last reported | August 2026 |
| Estimated royalty value | $8K |
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.