UNIVERSITY STONEGATE
UNIVERSITY STONEGATE is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by El Paso E & P Company, L. P. It has 11 wellbores on file with the Commission. Reported production runs from March 2011 to August 2026, totalling 543,730 barrels. The lease is currently producing. 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 $5.7M, with roughly $1.2M 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 640 barrels a month, about 58 per wellbore. Its strongest month on the record we hold was September 2017, at 40,688 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 STONEGATE
- Who operates UNIVERSITY STONEGATE?
- UNIVERSITY STONEGATE is operated by El Paso E & P Company, L. P., Railroad Commission of Texas operator number 250195.
- Where is UNIVERSITY STONEGATE?
- UNIVERSITY STONEGATE is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17668.
- Is UNIVERSITY STONEGATE still producing?
- UNIVERSITY STONEGATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY STONEGATE is August 2026.
- How much has UNIVERSITY STONEGATE produced?
- UNIVERSITY STONEGATE has reported 543,730 barrels of oil (bbl) to the Railroad Commission of Texas between March 2011 and August 2026, from 11 wellbores.
- How much is UNIVERSITY STONEGATE worth?
- The remaining production from UNIVERSITY STONEGATE is estimated to be worth about $5.7M in total as of 26 August 2026, within a range of $4.4M to $6.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY STONEGATE is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY STONEGATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY STONEGATE is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY STONEGATE generate in a year?
- UNIVERSITY STONEGATE is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY STONEGATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | El Paso E & P Company, L. P. |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 17668 |
| Wellbores | 11 |
| Reported production | 543,730 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.7M |
Where UNIVERSITY STONEGATE 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.