UNIVERSITY 31
UNIVERSITY 31 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Greystone Oil & Gas, Llp. It has 3 wellbores on file with the Commission. Reported production runs from May 2015 to August 2026, totalling 834,150 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 $95K, with roughly $26K expected over the next twelve months.
| Operator | Greystone Oil & Gas, Llp |
|---|---|
| Field | Emma (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 46863 |
| Wellbores | 3 |
| Reported production | 834,150 bbl |
| First reported | May 2015 |
| Last reported | August 2026 |
| Estimated royalty value | $95K |
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.