PURE-UNIVERSITY
PURE-UNIVERSITY is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 226,126 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $167K, with roughly $32K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 42 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was November 2017, at 488 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PURE-UNIVERSITY
- Who operates PURE-UNIVERSITY?
- PURE-UNIVERSITY is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is PURE-UNIVERSITY?
- PURE-UNIVERSITY is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 18811.
- Is PURE-UNIVERSITY still producing?
- PURE-UNIVERSITY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PURE-UNIVERSITY is August 2026.
- How much has PURE-UNIVERSITY produced?
- PURE-UNIVERSITY has reported 226,126 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PURE-UNIVERSITY worth?
- The remaining production from PURE-UNIVERSITY is estimated to be worth about $167K in total as of 27 August 2026, within a range of $92K to $242K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PURE-UNIVERSITY is a fraction of it. The estimate fits an Arps decline curve to the production PURE-UNIVERSITY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PURE-UNIVERSITY is an estimate of value, not an offer and not an appraisal.
- How much income does PURE-UNIVERSITY generate in a year?
- PURE-UNIVERSITY is forecast to net about $32K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PURE-UNIVERSITY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | J. Cleo Thompson (Cisco) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 18811 |
| Wellbores | 2 |
| Reported production | 226,126 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $167K |
Where PURE-UNIVERSITY sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.