UNIVERSITY 54-2
UNIVERSITY 54-2 is a Texas oil lease in Schleicher County, Railroad Commission district 7C, operated by Approach Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 8,384 barrels. The lease is shut in. 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 $38K, with roughly $7K 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 5 barrels a month. Its strongest month on the record we hold was August 2021, at 179 barrels.
Key facts about UNIVERSITY 54-2
- Who operates UNIVERSITY 54-2?
- UNIVERSITY 54-2 is operated by Approach Operating LLC, Railroad Commission of Texas operator number 028625.
- Where is UNIVERSITY 54-2?
- UNIVERSITY 54-2 is a Texas oil lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17438.
- Is UNIVERSITY 54-2 still producing?
- UNIVERSITY 54-2 is shut in. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 54-2 is August 2026.
- How much has UNIVERSITY 54-2 produced?
- UNIVERSITY 54-2 has reported 8,384 barrels of oil (bbl) to the Railroad Commission of Texas between February 2011 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 54-2 worth?
- The remaining production from UNIVERSITY 54-2 is estimated to be worth about $38K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 54-2 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 54-2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 54-2 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 54-2 generate in a year?
- UNIVERSITY 54-2 is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 54-2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Approach Operating LLC |
|---|---|
| Field | Holt Ranch (Consolidated) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 17438 |
| Wellbores | 1 |
| Reported production | 8,384 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where UNIVERSITY 54-2 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.