UNIVERSITY LANDS 42
UNIVERSITY LANDS 42 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Lime Rock Resources IV-A, L.P. It has 1 wellbore on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 281,949 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 $6.8M, with roughly $1.8M 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 2,404 barrels a month. Its strongest month on the record we hold was November 2021, at 14,230 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 LANDS 42
- Who operates UNIVERSITY LANDS 42?
- UNIVERSITY LANDS 42 is operated by Lime Rock Resources IV-A, L.P., Railroad Commission of Texas operator number 500794.
- Where is UNIVERSITY LANDS 42?
- UNIVERSITY LANDS 42 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55730.
- Is UNIVERSITY LANDS 42 still producing?
- UNIVERSITY LANDS 42 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY LANDS 42 is August 2026.
- How much has UNIVERSITY LANDS 42 produced?
- UNIVERSITY LANDS 42 has reported 281,949 barrels of oil (bbl) to the Railroad Commission of Texas between March 2021 and August 2026, from 1 wellbore.
- How much is UNIVERSITY LANDS 42 worth?
- The remaining production from UNIVERSITY LANDS 42 is estimated to be worth about $6.8M in total as of 26 August 2026, within a range of $5.7M to $8.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY LANDS 42 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY LANDS 42 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY LANDS 42 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY LANDS 42 generate in a year?
- UNIVERSITY LANDS 42 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY LANDS 42 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lime Rock Resources IV-A, L.P. |
|---|---|
| Field | Emma (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 55730 |
| Wellbores | 1 |
| Reported production | 281,949 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.8M |
Where UNIVERSITY LANDS 42 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.