UNIVERSITY -EP-
UNIVERSITY -EP- is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Plains Petroleum Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 65,387 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 $12K, with roughly $2K expected over the next twelve months.
| Operator | Plains Petroleum Operating Co. |
|---|---|
| Field | Block 31, Nw. (Penn Upper) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 22009 |
| Wellbores | 1 |
| Reported production | 65,387 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $12K |
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.