UNIVERSITY LANDS 216

UNIVERSITY LANDS 216 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Triple Crown Resources, Llc. It has 6 wellbores on file with the Commission. Reported production runs from April 2024 to August 2026, totalling 511,061 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 $353K, with roughly $119K expected over the next twelve months.

OperatorTriple Crown Resources, Llc
FieldLin (Wolfcamp)
CountyCrockett County, Texas
RRC district7C
Lease number22728
Wellbores6
Reported production511,061 bbl
First reportedApril 2024
Last reportedAugust 2026
Estimated royalty value$353K

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.