UNIVERSITY FJ
UNIVERSITY FJ is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Greystone Petroleum, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2015 to August 2026, totalling 338,553 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 $4.8M, with roughly $1.0M 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 1,360 barrels a month. Its strongest month on the record we hold was May 2016, at 11,074 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 FJ
- Who operates UNIVERSITY FJ?
- UNIVERSITY FJ is operated by Greystone Petroleum, LLC, Railroad Commission of Texas operator number 333762.
- Where is UNIVERSITY FJ?
- UNIVERSITY FJ is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47790.
- Is UNIVERSITY FJ still producing?
- UNIVERSITY FJ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY FJ is August 2026.
- How much has UNIVERSITY FJ produced?
- UNIVERSITY FJ has reported 338,553 barrels of oil (bbl) to the Railroad Commission of Texas between December 2015 and August 2026, from 1 wellbore.
- How much is UNIVERSITY FJ worth?
- The remaining production from UNIVERSITY FJ is estimated to be worth about $4.8M in total as of 27 August 2026, within a range of $4.0M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY FJ is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY FJ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY FJ is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY FJ generate in a year?
- UNIVERSITY FJ is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY FJ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Greystone Petroleum, LLC |
|---|---|
| Field | Emma (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 47790 |
| Wellbores | 1 |
| Reported production | 338,553 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where UNIVERSITY FJ 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.