UNIVERSITY 1-37 UNIT

UNIVERSITY 1-37 UNIT is a Texas gas lease in Andrews County, Railroad Commission district 08, operated by Zarvona Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 1,132,543 thousand cubic feet. 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 $1.8M, with roughly $466K 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 5,662 thousand cubic feet a month. Its strongest month on the record we hold was February 2019, at 55,010 thousand cubic feet. 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 1-37 UNIT

Who operates UNIVERSITY 1-37 UNIT?
UNIVERSITY 1-37 UNIT is operated by Zarvona Energy LLC, Railroad Commission of Texas operator number 950523.
Where is UNIVERSITY 1-37 UNIT?
UNIVERSITY 1-37 UNIT is a Texas gas lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288901.
Is UNIVERSITY 1-37 UNIT still producing?
UNIVERSITY 1-37 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 1-37 UNIT is August 2026.
How much has UNIVERSITY 1-37 UNIT produced?
UNIVERSITY 1-37 UNIT has reported 1,132,543 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2018 and August 2026, from 1 wellbore.
How much is UNIVERSITY 1-37 UNIT worth?
The remaining production from UNIVERSITY 1-37 UNIT is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.5M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 1-37 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 1-37 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 1-37 UNIT is an estimate of value, not an offer and not an appraisal.
How much income does UNIVERSITY 1-37 UNIT generate in a year?
UNIVERSITY 1-37 UNIT is forecast to net about $466K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 1-37 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

UNIVERSITY 1-37 UNIT as filed with the Railroad Commission of Texas
OperatorZarvona Energy LLC
FieldEmma (Barnett Shale)
CountyAndrews County, Texas
RRC district08
Lease number288901
Wellbores1
Reported production1,132,543 mcf
First reported
Last reported
Estimated royalty value$1.8M

Where UNIVERSITY 1-37 UNIT 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.