UNIVERSITY/ENERGEN GRAYBURG UNIT
UNIVERSITY/ENERGEN GRAYBURG UNIT is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 33 wellbores on file with the Commission. Reported production runs from April 2003 to August 2026, totalling 920,550 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 $2.3M, with roughly $687K 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 1,076 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was March 2018, at 2,024 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/ENERGEN GRAYBURG UNIT
- Who operates UNIVERSITY/ENERGEN GRAYBURG UNIT?
- UNIVERSITY/ENERGEN GRAYBURG UNIT is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is UNIVERSITY/ENERGEN GRAYBURG UNIT?
- UNIVERSITY/ENERGEN GRAYBURG UNIT is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37100.
- Is UNIVERSITY/ENERGEN GRAYBURG UNIT still producing?
- UNIVERSITY/ENERGEN GRAYBURG UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY/ENERGEN GRAYBURG UNIT is August 2026.
- How much has UNIVERSITY/ENERGEN GRAYBURG UNIT produced?
- UNIVERSITY/ENERGEN GRAYBURG UNIT has reported 920,550 barrels of oil (bbl) to the Railroad Commission of Texas between April 2003 and August 2026, from 33 wellbores.
- How much is UNIVERSITY/ENERGEN GRAYBURG UNIT worth?
- The remaining production from UNIVERSITY/ENERGEN GRAYBURG UNIT is estimated to be worth about $2.3M in total as of 27 August 2026, within a range of $1.9M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY/ENERGEN GRAYBURG UNIT is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY/ENERGEN GRAYBURG UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY/ENERGEN GRAYBURG UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY/ENERGEN GRAYBURG UNIT generate in a year?
- UNIVERSITY/ENERGEN GRAYBURG UNIT is forecast to net about $687K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY/ENERGEN GRAYBURG UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Block 2 (Grayburg) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 37100 |
| Wellbores | 33 |
| Reported production | 920,550 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where UNIVERSITY/ENERGEN GRAYBURG UNIT 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.