UNIVERSITY SR 23-26
UNIVERSITY SR 23-26 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by American Energy-Perm Basin, LLC. It has 4 wellbores on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 801,081 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 $2.0M 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 2,882 barrels a month, about 721 per wellbore. Its strongest month on the record we hold was June 2016, at 21,642 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SR 23-26
- Who operates UNIVERSITY SR 23-26?
- UNIVERSITY SR 23-26 is operated by American Energy-Perm Basin, LLC, Railroad Commission of Texas operator number 017996.
- Where is UNIVERSITY SR 23-26?
- UNIVERSITY SR 23-26 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18681.
- Is UNIVERSITY SR 23-26 still producing?
- UNIVERSITY SR 23-26 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY SR 23-26 is August 2026.
- How much has UNIVERSITY SR 23-26 produced?
- UNIVERSITY SR 23-26 has reported 801,081 barrels of oil (bbl) to the Railroad Commission of Texas between August 2014 and August 2026, from 4 wellbores.
- How much is UNIVERSITY SR 23-26 worth?
- The remaining production from UNIVERSITY SR 23-26 is estimated to be worth about $5.7M in total as of 26 August 2026, within a range of $4.7M to $6.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY SR 23-26 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY SR 23-26 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY SR 23-26 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY SR 23-26 generate in a year?
- UNIVERSITY SR 23-26 is forecast to net about $2.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY SR 23-26 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Energy-Perm Basin, LLC |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 18681 |
| Wellbores | 4 |
| Reported production | 801,081 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.7M |
Where UNIVERSITY SR 23-26 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.