UNIVERSITY BLK 14
UNIVERSITY BLK 14 is a Texas gas lease in Andrews County, Railroad Commission district 08, operated by Carruth, Chris. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 87,434 thousand cubic feet. 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 $16K, with roughly $2K 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 69 thousand cubic feet a month. Its strongest month on the record we hold was June 2021, at 235 thousand cubic feet. 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 BLK 14
- Who operates UNIVERSITY BLK 14?
- UNIVERSITY BLK 14 is operated by Carruth, Chris, Railroad Commission of Texas operator number 135963.
- Where is UNIVERSITY BLK 14?
- UNIVERSITY BLK 14 is a Texas gas lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 020801.
- Is UNIVERSITY BLK 14 still producing?
- UNIVERSITY BLK 14 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY BLK 14 is August 2026.
- How much has UNIVERSITY BLK 14 produced?
- UNIVERSITY BLK 14 has reported 87,434 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is UNIVERSITY BLK 14 worth?
- The remaining production from UNIVERSITY BLK 14 is estimated to be worth about $16K in total as of 27 August 2026, within a range of $9K to $23K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY BLK 14 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY BLK 14 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY BLK 14 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY BLK 14 generate in a year?
- UNIVERSITY BLK 14 is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY BLK 14 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carruth, Chris |
|---|---|
| Field | Shafter Lake (Yates) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 020801 |
| Wellbores | 1 |
| Reported production | 87,434 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where UNIVERSITY BLK 14 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.