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 the whole lease — a 100% undivided interest — at about $1.1M, with roughly $771K 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 2,410 barrels a month. Its strongest month on the record we hold was September 2024, at 10,811 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 14SR
- Who operates UNIVERSITY 14SR?
- UNIVERSITY 14SR is operated by Ring Energy, Inc., Railroad Commission of Texas operator number 712382.
- Where is UNIVERSITY 14SR?
- UNIVERSITY 14SR is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62804.
- Is UNIVERSITY 14SR still producing?
- UNIVERSITY 14SR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 14SR is August 2026.
- How much has UNIVERSITY 14SR produced?
- UNIVERSITY 14SR has reported 66,637 barrels of oil (bbl) to the Railroad Commission of Texas between August 2024 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 14SR worth?
- The remaining production from UNIVERSITY 14SR is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $950K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 14SR is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 14SR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 14SR is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 14SR generate in a year?
- UNIVERSITY 14SR is forecast to net about $771K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 14SR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| 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 | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where UNIVERSITY 14SR 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.