UNIVERSITY 30
UNIVERSITY 30 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by R K Petroleum Corp. It has 4 wellbores on file with the Commission. Reported production runs from March 1995 to August 2026, totalling 240,000 barrels. The lease is shut in. 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 $4K, with roughly $659 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 5 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was September 2018, at 2,585 barrels.
Key facts about UNIVERSITY 30
- Who operates UNIVERSITY 30?
- UNIVERSITY 30 is operated by R K Petroleum Corp., Railroad Commission of Texas operator number 687130.
- Where is UNIVERSITY 30?
- UNIVERSITY 30 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34439.
- Is UNIVERSITY 30 still producing?
- UNIVERSITY 30 is shut in. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 30 is August 2026.
- How much has UNIVERSITY 30 produced?
- UNIVERSITY 30 has reported 240,000 barrels of oil (bbl) to the Railroad Commission of Texas between March 1995 and August 2026, from 4 wellbores.
- How much is UNIVERSITY 30 worth?
- The remaining production from UNIVERSITY 30 is estimated to be worth about $4K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 30 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 30 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 30 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 30 generate in a year?
- UNIVERSITY 30 is forecast to net about $659 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 30 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | R K Petroleum Corp. |
|---|---|
| Field | War-Wink (Cherry Canyon) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 34439 |
| Wellbores | 4 |
| Reported production | 240,000 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where UNIVERSITY 30 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.