UNIVERSITY 1-24 SOUTH UNIT
UNIVERSITY 1-24 SOUTH UNIT is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Elevation Resources Llc. It has 1 wellbore on file with the Commission. Reported production runs from July 2016 to August 2026, totalling 258,849 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 $86K, with roughly $19K expected over the next twelve months.
| Operator | Elevation Resources Llc |
|---|---|
| Field | Emma (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 48199 |
| Wellbores | 1 |
| Reported production | 258,849 bbl |
| First reported | July 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $86K |
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.