UNIVERSITY "7-8"
UNIVERSITY "7-8" is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Pioneer Natural Res. Usa, Inc. It has 5 wellbores on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 248,921 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 $17K, with roughly $3K expected over the next twelve months.
| Operator | Pioneer Natural Res. Usa, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 38630 |
| Wellbores | 5 |
| Reported production | 248,921 bbl |
| First reported | September 2007 |
| Last reported | August 2026 |
| Estimated royalty value | $17K |
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.