UNIVERSITY 7021
UNIVERSITY 7021 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Samson Lone Star, LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 89,107 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 $801K, with roughly $175K 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 308 barrels a month, about 154 per wellbore. Its strongest month on the record we hold was April 2017, at 580 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 7021
- Who operates UNIVERSITY 7021?
- UNIVERSITY 7021 is operated by Samson Lone Star, LLC, Railroad Commission of Texas operator number 744737.
- Where is UNIVERSITY 7021?
- UNIVERSITY 7021 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38549.
- Is UNIVERSITY 7021 still producing?
- UNIVERSITY 7021 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 7021 is August 2026.
- How much has UNIVERSITY 7021 produced?
- UNIVERSITY 7021 has reported 89,107 barrels of oil (bbl) to the Railroad Commission of Texas between November 2007 and August 2026, from 2 wellbores.
- How much is UNIVERSITY 7021 worth?
- The remaining production from UNIVERSITY 7021 is estimated to be worth about $801K in total as of 27 August 2026, within a range of $625K to $977K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 7021 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 7021 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 7021 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 7021 generate in a year?
- UNIVERSITY 7021 is forecast to net about $175K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 7021 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samson Lone Star, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 38549 |
| Wellbores | 2 |
| Reported production | 89,107 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $801K |
Where UNIVERSITY 7021 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.