UNIVERSITY B20 1W
UNIVERSITY B20 1W is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2017 to August 2026, totalling 293,499 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 $1.2M, with roughly $465K 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 739 barrels a month. Its strongest month on the record we hold was March 2017, at 16,012 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 B20 1W
- Who operates UNIVERSITY B20 1W?
- UNIVERSITY B20 1W is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is UNIVERSITY B20 1W?
- UNIVERSITY B20 1W is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48485.
- Is UNIVERSITY B20 1W still producing?
- UNIVERSITY B20 1W is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY B20 1W is August 2026.
- How much has UNIVERSITY B20 1W produced?
- UNIVERSITY B20 1W has reported 293,499 barrels of oil (bbl) to the Railroad Commission of Texas between January 2017 and August 2026, from 1 wellbore.
- How much is UNIVERSITY B20 1W worth?
- The remaining production from UNIVERSITY B20 1W is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $948K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY B20 1W is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY B20 1W has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY B20 1W is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY B20 1W generate in a year?
- UNIVERSITY B20 1W is forecast to net about $465K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY B20 1W receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 48485 |
| Wellbores | 1 |
| Reported production | 293,499 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where UNIVERSITY B20 1W 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.