UNIVERSITY B20 12/13
UNIVERSITY B20 12/13 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 August 2017 to August 2026, totalling 353,335 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 $3.2M, with roughly $858K 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 1,249 barrels a month. Its strongest month on the record we hold was October 2017, at 24,272 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 B20 12/13
- Who operates UNIVERSITY B20 12/13?
- UNIVERSITY B20 12/13 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is UNIVERSITY B20 12/13?
- UNIVERSITY B20 12/13 is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49211.
- Is UNIVERSITY B20 12/13 still producing?
- UNIVERSITY B20 12/13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY B20 12/13 is August 2026.
- How much has UNIVERSITY B20 12/13 produced?
- UNIVERSITY B20 12/13 has reported 353,335 barrels of oil (bbl) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is UNIVERSITY B20 12/13 worth?
- The remaining production from UNIVERSITY B20 12/13 is estimated to be worth about $3.2M in total as of 26 August 2026, within a range of $2.7M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY B20 12/13 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY B20 12/13 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 12/13 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY B20 12/13 generate in a year?
- UNIVERSITY B20 12/13 is forecast to net about $858K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY B20 12/13 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 | 49211 |
| Wellbores | 1 |
| Reported production | 353,335 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where UNIVERSITY B20 12/13 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.