UNIVERSITY-TOPAZ 1-51
UNIVERSITY-TOPAZ 1-51 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Hunt Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2015 to August 2026, totalling 211,443 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 $4.2M, with roughly $1.1M 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 883 barrels a month. Its strongest month on the record we hold was May 2016, at 3,151 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-TOPAZ 1-51
- Who operates UNIVERSITY-TOPAZ 1-51?
- UNIVERSITY-TOPAZ 1-51 is operated by Hunt Oil Company, Railroad Commission of Texas operator number 416330.
- Where is UNIVERSITY-TOPAZ 1-51?
- UNIVERSITY-TOPAZ 1-51 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18897.
- Is UNIVERSITY-TOPAZ 1-51 still producing?
- UNIVERSITY-TOPAZ 1-51 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY-TOPAZ 1-51 is August 2026.
- How much has UNIVERSITY-TOPAZ 1-51 produced?
- UNIVERSITY-TOPAZ 1-51 has reported 211,443 barrels of oil (bbl) to the Railroad Commission of Texas between March 2015 and August 2026, from 1 wellbore.
- How much is UNIVERSITY-TOPAZ 1-51 worth?
- The remaining production from UNIVERSITY-TOPAZ 1-51 is estimated to be worth about $4.2M in total as of 26 August 2026, within a range of $3.3M to $5.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY-TOPAZ 1-51 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY-TOPAZ 1-51 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY-TOPAZ 1-51 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY-TOPAZ 1-51 generate in a year?
- UNIVERSITY-TOPAZ 1-51 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY-TOPAZ 1-51 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hunt Oil Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 18897 |
| Wellbores | 1 |
| Reported production | 211,443 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where UNIVERSITY-TOPAZ 1-51 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.