UNIVERSITY 48-11
UNIVERSITY 48-11 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Telesis Operating Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 13,742 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 $243K, with roughly $47K 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 31 barrels a month. Its strongest month on the record we hold was October 2022, at 217 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 48-11
- Who operates UNIVERSITY 48-11?
- UNIVERSITY 48-11 is operated by Telesis Operating Co., Inc., Railroad Commission of Texas operator number 841394.
- Where is UNIVERSITY 48-11?
- UNIVERSITY 48-11 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17931.
- Is UNIVERSITY 48-11 still producing?
- UNIVERSITY 48-11 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 48-11 is August 2026.
- How much has UNIVERSITY 48-11 produced?
- UNIVERSITY 48-11 has reported 13,742 barrels of oil (bbl) to the Railroad Commission of Texas between April 2012 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 48-11 worth?
- The remaining production from UNIVERSITY 48-11 is estimated to be worth about $243K in total as of 27 August 2026, within a range of $134K to $352K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 48-11 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 48-11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 48-11 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 48-11 generate in a year?
- UNIVERSITY 48-11 is forecast to net about $47K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 48-11 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Telesis Operating Co., Inc. |
|---|---|
| Field | Farmer (San Andres) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 17931 |
| Wellbores | 1 |
| Reported production | 13,742 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $243K |
Where UNIVERSITY 48-11 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.