UNIVERSITY 1801
UNIVERSITY 1801 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Sandridge Expl. And Prod., LLC. It has 23 wellbores on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 517,284 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 $5.7M, with roughly $1.3M 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 2,191 barrels a month, about 95 per wellbore. Its strongest month on the record we hold was July 2016, at 4,823 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 1801
- Who operates UNIVERSITY 1801?
- UNIVERSITY 1801 is operated by Sandridge Expl. And Prod., LLC, Railroad Commission of Texas operator number 748011.
- Where is UNIVERSITY 1801?
- UNIVERSITY 1801 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41503.
- Is UNIVERSITY 1801 still producing?
- UNIVERSITY 1801 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 1801 is August 2026.
- How much has UNIVERSITY 1801 produced?
- UNIVERSITY 1801 has reported 517,284 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 23 wellbores.
- How much is UNIVERSITY 1801 worth?
- The remaining production from UNIVERSITY 1801 is estimated to be worth about $5.7M in total as of 27 August 2026, within a range of $4.7M to $6.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 1801 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 1801 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 1801 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 1801 generate in a year?
- UNIVERSITY 1801 is forecast to net about $1.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 1801 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sandridge Expl. And Prod., LLC |
|---|---|
| Field | Shafter Lake, N. (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 41503 |
| Wellbores | 23 |
| Reported production | 517,284 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.7M |
Where UNIVERSITY 1801 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.