UNIVERSITY 47
UNIVERSITY 47 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Kidd, Barron Ulmer. It has 20 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 221,781 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 $403K, with roughly $77K 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 121 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was May 2016, at 1,338 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 47
- Who operates UNIVERSITY 47?
- UNIVERSITY 47 is operated by Kidd, Barron Ulmer, Railroad Commission of Texas operator number 459040.
- Where is UNIVERSITY 47?
- UNIVERSITY 47 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28388.
- Is UNIVERSITY 47 still producing?
- UNIVERSITY 47 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 47 is August 2026.
- How much has UNIVERSITY 47 produced?
- UNIVERSITY 47 has reported 221,781 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 20 wellbores.
- How much is UNIVERSITY 47 worth?
- The remaining production from UNIVERSITY 47 is estimated to be worth about $403K in total as of 26 August 2026, within a range of $314K to $492K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 47 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 47 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 47 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 47 generate in a year?
- UNIVERSITY 47 is forecast to net about $77K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 47 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kidd, Barron Ulmer |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 28388 |
| Wellbores | 20 |
| Reported production | 221,781 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $403K |
Where UNIVERSITY 47 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.