UNIVERSITY 7-2730
UNIVERSITY 7-2730 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Qep Energy Company. It has 24 wellbores on file with the Commission. Reported production runs from April 2017 to August 2026, totalling 4,812,394 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 $882K, with roughly $179K expected over the next twelve months.
| Operator | Qep Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 48980 |
| Wellbores | 24 |
| Reported production | 4,812,394 bbl |
| First reported | April 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $882K |
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.