UNIVERSITY 12 21
UNIVERSITY 12 21 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Sandridge Expl. And Prod., LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 14,173 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 $259K, with roughly $48K 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 58 barrels a month. Its strongest month on the record we hold was April 2020, at 159 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 12 21
- Who operates UNIVERSITY 12 21?
- UNIVERSITY 12 21 is operated by Sandridge Expl. And Prod., LLC, Railroad Commission of Texas operator number 748011.
- Where is UNIVERSITY 12 21?
- UNIVERSITY 12 21 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43306.
- Is UNIVERSITY 12 21 still producing?
- UNIVERSITY 12 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 12 21 is August 2026.
- How much has UNIVERSITY 12 21 produced?
- UNIVERSITY 12 21 has reported 14,173 barrels of oil (bbl) to the Railroad Commission of Texas between April 2012 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 12 21 worth?
- The remaining production from UNIVERSITY 12 21 is estimated to be worth about $259K in total as of 27 August 2026, within a range of $143K to $376K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 12 21 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 12 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 12 21 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 12 21 generate in a year?
- UNIVERSITY 12 21 is forecast to net about $48K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 12 21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sandridge Expl. And Prod., LLC |
|---|---|
| Field | Block 12 |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 43306 |
| Wellbores | 1 |
| Reported production | 14,173 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $259K |
Where UNIVERSITY 12 21 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.