UNIVERSITY 14SR
UNIVERSITY 14SR is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Ring Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 66,637 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 $27K, with roughly $18K expected over the next twelve months.
| Operator | Ring Energy, Inc. |
|---|---|
| Field | Shafter Lake (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 62804 |
| Wellbores | 1 |
| Reported production | 66,637 bbl |
| First reported | August 2024 |
| Last reported | August 2026 |
| Estimated royalty value | $27K |
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.