UNIVERSITY 7-30
UNIVERSITY 7-30 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Chesapeake Operating, Inc. It has 17 wellbores on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 716,653 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 $7K, with roughly $4K expected over the next twelve months.
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 38699 |
| Wellbores | 17 |
| Reported production | 716,653 bbl |
| First reported | February 2008 |
| Last reported | August 2026 |
| Estimated royalty value | $7K |
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.