UNIVERSITY 173
UNIVERSITY 173 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Henry Petroleum Corp. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 299,409 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 $1.4M, with roughly $321K 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 486 barrels a month, about 162 per wellbore. Its strongest month on the record we hold was May 2016, at 1,129 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 UNIVERSITY 173
- Who operates UNIVERSITY 173?
- UNIVERSITY 173 is operated by Henry Petroleum Corp., Railroad Commission of Texas operator number 378635.
- Where is UNIVERSITY 173?
- UNIVERSITY 173 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 19459.
- Is UNIVERSITY 173 still producing?
- UNIVERSITY 173 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 173 is August 2026.
- How much has UNIVERSITY 173 produced?
- UNIVERSITY 173 has reported 299,409 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is UNIVERSITY 173 worth?
- The remaining production from UNIVERSITY 173 is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 173 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 173 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 173 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 173 generate in a year?
- UNIVERSITY 173 is forecast to net about $321K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 173 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henry Petroleum Corp. |
|---|---|
| Field | Shafter Lake (Clear Fork) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 19459 |
| Wellbores | 3 |
| Reported production | 299,409 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where UNIVERSITY 173 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.