UNIVERSITY JV 14
UNIVERSITY JV 14 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Pacesetter Energy, LLC. It has 6 wellbores on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 1,076,358 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 $11.1M, with roughly $2.5M 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 3,516 barrels a month, about 586 per wellbore. Its strongest month on the record we hold was November 2016, at 58,399 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 JV 14
- Who operates UNIVERSITY JV 14?
- UNIVERSITY JV 14 is operated by Pacesetter Energy, LLC, Railroad Commission of Texas operator number 633120.
- Where is UNIVERSITY JV 14?
- UNIVERSITY JV 14 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46383.
- Is UNIVERSITY JV 14 still producing?
- UNIVERSITY JV 14 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY JV 14 is August 2026.
- How much has UNIVERSITY JV 14 produced?
- UNIVERSITY JV 14 has reported 1,076,358 barrels of oil (bbl) to the Railroad Commission of Texas between January 2015 and August 2026, from 6 wellbores.
- How much is UNIVERSITY JV 14 worth?
- The remaining production from UNIVERSITY JV 14 is estimated to be worth about $11.1M in total as of 27 August 2026, within a range of $9.2M to $13.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY JV 14 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY JV 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 JV 14 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY JV 14 generate in a year?
- UNIVERSITY JV 14 is forecast to net about $2.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY JV 14 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pacesetter Energy, LLC |
|---|---|
| Field | Shafter Lake (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 46383 |
| Wellbores | 6 |
| Reported production | 1,076,358 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.1M |
Where UNIVERSITY JV 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.