UNIVERSITY 3-15
UNIVERSITY 3-15 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pioneer Natural Res. Usa, Inc. It has 3 wellbores on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 1,033,926 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 $459K, with roughly $104K expected over the next twelve months.
| Operator | Pioneer Natural Res. Usa, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 20360 |
| Wellbores | 3 |
| Reported production | 1,033,926 bbl |
| First reported | August 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $459K |
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.