UNIVERSITY 'DC' LEASE
UNIVERSITY 'DC' LEASE is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Occidental Permian Ltd. It has 1 wellbore on file with the Commission. Reported production runs from March 2015 to August 2026, totalling 37,836 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 $586K, with roughly $110K 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 151 barrels a month. Its strongest month on the record we hold was December 2017, at 707 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 'DC' LEASE
- Who operates UNIVERSITY 'DC' LEASE?
- UNIVERSITY 'DC' LEASE is operated by Occidental Permian Ltd., Railroad Commission of Texas operator number 617544.
- Where is UNIVERSITY 'DC' LEASE?
- UNIVERSITY 'DC' LEASE is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46463.
- Is UNIVERSITY 'DC' LEASE still producing?
- UNIVERSITY 'DC' LEASE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 'DC' LEASE is August 2026.
- How much has UNIVERSITY 'DC' LEASE produced?
- UNIVERSITY 'DC' LEASE has reported 37,836 barrels of oil (bbl) to the Railroad Commission of Texas between March 2015 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 'DC' LEASE worth?
- The remaining production from UNIVERSITY 'DC' LEASE is estimated to be worth about $586K in total as of 27 August 2026, within a range of $457K to $714K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 'DC' LEASE is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 'DC' LEASE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 'DC' LEASE is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 'DC' LEASE generate in a year?
- UNIVERSITY 'DC' LEASE is forecast to net about $110K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 'DC' LEASE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Occidental Permian Ltd. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 46463 |
| Wellbores | 1 |
| Reported production | 37,836 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $586K |
Where UNIVERSITY 'DC' LEASE 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.