UNIVERSITY 48A
UNIVERSITY 48A is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Enduring Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 174,858 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 $2.4M, with roughly $504K 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 578 barrels a month. Its strongest month on the record we hold was August 2018, at 4,031 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 48A
- Who operates UNIVERSITY 48A?
- UNIVERSITY 48A is operated by Enduring Resources, LLC, Railroad Commission of Texas operator number 252014.
- Where is UNIVERSITY 48A?
- UNIVERSITY 48A is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18600.
- Is UNIVERSITY 48A still producing?
- UNIVERSITY 48A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 48A is August 2026.
- How much has UNIVERSITY 48A produced?
- UNIVERSITY 48A has reported 174,858 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 48A worth?
- The remaining production from UNIVERSITY 48A is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $1.9M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 48A is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 48A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 48A is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 48A generate in a year?
- UNIVERSITY 48A is forecast to net about $504K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 48A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enduring Resources, LLC |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 18600 |
| Wellbores | 1 |
| Reported production | 174,858 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where UNIVERSITY 48A 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.