UNIVERSITY 48-1
UNIVERSITY 48-1 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Sable Permian Resources, Llc. It has 2 wellbores on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 16,011 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 $36K, with roughly $6K expected over the next twelve months.
| Operator | Sable Permian Resources, Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20638 |
| Wellbores | 2 |
| Reported production | 16,011 bbl |
| First reported | March 2020 |
| Last reported | August 2026 |
| Estimated royalty value | $36K |
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.