UNIVERSITY ORANGE
UNIVERSITY ORANGE is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Pt Petroleum, Llc. It has 6 wellbores on file with the Commission. Reported production runs from December 2016 to August 2026, totalling 1,019,907 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $310K, with roughly $70K expected over the next twelve months.
| Operator | Pt Petroleum, Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 19444 |
| Wellbores | 6 |
| Reported production | 1,019,907 bbl |
| First reported | December 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $310K |
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.