TEXAS UNIVERSITY SEC. 1 & 2
TEXAS UNIVERSITY SEC. 1 & 2 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Mobil Producing TX. & N.M. Inc. It has 73 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,294,492 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 $1.7M, with roughly $372K 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 523 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was March 2017, at 1,740 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 TEXAS UNIVERSITY SEC. 1 & 2
- Who operates TEXAS UNIVERSITY SEC. 1 & 2?
- TEXAS UNIVERSITY SEC. 1 & 2 is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is TEXAS UNIVERSITY SEC. 1 & 2?
- TEXAS UNIVERSITY SEC. 1 & 2 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20901.
- Is TEXAS UNIVERSITY SEC. 1 & 2 still producing?
- TEXAS UNIVERSITY SEC. 1 & 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXAS UNIVERSITY SEC. 1 & 2 is August 2026.
- How much has TEXAS UNIVERSITY SEC. 1 & 2 produced?
- TEXAS UNIVERSITY SEC. 1 & 2 has reported 1,294,492 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 73 wellbores.
- How much is TEXAS UNIVERSITY SEC. 1 & 2 worth?
- The remaining production from TEXAS UNIVERSITY SEC. 1 & 2 is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXAS UNIVERSITY SEC. 1 & 2 is a fraction of it. The estimate fits an Arps decline curve to the production TEXAS UNIVERSITY SEC. 1 & 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXAS UNIVERSITY SEC. 1 & 2 is an estimate of value, not an offer and not an appraisal.
- How much income does TEXAS UNIVERSITY SEC. 1 & 2 generate in a year?
- TEXAS UNIVERSITY SEC. 1 & 2 is forecast to net about $372K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEXAS UNIVERSITY SEC. 1 & 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | Dune |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 20901 |
| Wellbores | 73 |
| Reported production | 1,294,492 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where TEXAS UNIVERSITY SEC. 1 & 2 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.