UNIVERSITY MAROON
UNIVERSITY MAROON is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by PT Petroleum, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2015 to August 2026, totalling 202,347 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 $2.0M, with roughly $473K 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 624 barrels a month. Its strongest month on the record we hold was May 2016, at 6,402 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 MAROON
- Who operates UNIVERSITY MAROON?
- UNIVERSITY MAROON is operated by PT Petroleum, LLC, Railroad Commission of Texas operator number 682074.
- Where is UNIVERSITY MAROON?
- UNIVERSITY MAROON is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19228.
- Is UNIVERSITY MAROON still producing?
- UNIVERSITY MAROON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY MAROON is August 2026.
- How much has UNIVERSITY MAROON produced?
- UNIVERSITY MAROON has reported 202,347 barrels of oil (bbl) to the Railroad Commission of Texas between December 2015 and August 2026, from 1 wellbore.
- How much is UNIVERSITY MAROON worth?
- The remaining production from UNIVERSITY MAROON is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY MAROON is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY MAROON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY MAROON is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY MAROON generate in a year?
- UNIVERSITY MAROON is forecast to net about $473K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY MAROON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PT Petroleum, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 19228 |
| Wellbores | 1 |
| Reported production | 202,347 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where UNIVERSITY MAROON 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.