UNIVERSITY 46
UNIVERSITY 46 is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Great Western Drilling Company. It has 3 wellbores on file with the Commission. Reported production runs from May 1995 to August 2026, totalling 70,253 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 $919K, with roughly $207K 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 330 barrels a month, about 110 per wellbore. Its strongest month on the record we hold was June 2019, at 466 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 46
- Who operates UNIVERSITY 46?
- UNIVERSITY 46 is operated by Great Western Drilling Company, Railroad Commission of Texas operator number 328780.
- Where is UNIVERSITY 46?
- UNIVERSITY 46 is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34493.
- Is UNIVERSITY 46 still producing?
- UNIVERSITY 46 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 46 is August 2026.
- How much has UNIVERSITY 46 produced?
- UNIVERSITY 46 has reported 70,253 barrels of oil (bbl) to the Railroad Commission of Texas between May 1995 and August 2026, from 3 wellbores.
- How much is UNIVERSITY 46 worth?
- The remaining production from UNIVERSITY 46 is estimated to be worth about $919K in total as of 27 August 2026, within a range of $717K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 46 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 46 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 46 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 46 generate in a year?
- UNIVERSITY 46 is forecast to net about $207K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 46 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Great Western Drilling Company |
|---|---|
| Field | War-Wink (Cherry Canyon) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 34493 |
| Wellbores | 3 |
| Reported production | 70,253 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $919K |
Where UNIVERSITY 46 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.