UNIVERSITY 7-1627
UNIVERSITY 7-1627 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Qep Energy Company. It has 14 wellbores on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 4,083,208 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 $659K, with roughly $205K expected over the next twelve months.
| Operator | Qep Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 46031 |
| Wellbores | 14 |
| Reported production | 4,083,208 bbl |
| First reported | August 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $659K |
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.