UNIVERSITY 10-3

UNIVERSITY 10-3 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Hunt Oil Company. It has 8 wellbores on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 1,798,433 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 $370K, with roughly $100K expected over the next twelve months.

OperatorHunt Oil Company
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number20141
Wellbores8
Reported production1,798,433 bbl
First reportedMay 2018
Last reportedAugust 2026
Estimated royalty value$370K

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.