UNIVERSITY -36-A-
UNIVERSITY -36-A- is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Memorial Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 128,576 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 $79K, with roughly $15K 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 55 barrels a month. Its strongest month on the record we hold was May 2016, at 378 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 -36-A-
- Who operates UNIVERSITY -36-A-?
- UNIVERSITY -36-A- is operated by Memorial Exploration Company, Railroad Commission of Texas operator number 559632.
- Where is UNIVERSITY -36-A-?
- UNIVERSITY -36-A- is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 17518.
- Is UNIVERSITY -36-A- still producing?
- UNIVERSITY -36-A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY -36-A- is August 2026.
- How much has UNIVERSITY -36-A- produced?
- UNIVERSITY -36-A- has reported 128,576 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is UNIVERSITY -36-A- worth?
- The remaining production from UNIVERSITY -36-A- is estimated to be worth about $79K in total as of 27 August 2026, within a range of $43K to $114K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY -36-A- is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY -36-A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY -36-A- is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY -36-A- generate in a year?
- UNIVERSITY -36-A- is forecast to net about $15K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY -36-A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Memorial Exploration Company |
|---|---|
| Field | Emma (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 17518 |
| Wellbores | 1 |
| Reported production | 128,576 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $79K |
Where UNIVERSITY -36-A- 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.