UNIVERSITY 6-48A
UNIVERSITY 6-48A is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 548,871 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 $8.3M, with roughly $1.6M 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 4,083 barrels a month. Its strongest month on the record we hold was July 2023, at 44,959 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 6-48A
- Who operates UNIVERSITY 6-48A?
- UNIVERSITY 6-48A is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is UNIVERSITY 6-48A?
- UNIVERSITY 6-48A is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58726.
- Is UNIVERSITY 6-48A still producing?
- UNIVERSITY 6-48A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 6-48A is August 2026.
- How much has UNIVERSITY 6-48A produced?
- UNIVERSITY 6-48A has reported 548,871 barrels of oil (bbl) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 6-48A worth?
- The remaining production from UNIVERSITY 6-48A is estimated to be worth about $8.3M in total as of 27 August 2026, within a range of $6.9M to $9.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 6-48A is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 6-48A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 6-48A is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 6-48A generate in a year?
- UNIVERSITY 6-48A is forecast to net about $1.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 6-48A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 58726 |
| Wellbores | 1 |
| Reported production | 548,871 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.3M |
Where UNIVERSITY 6-48A 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.