UNIVERSITY 35
UNIVERSITY 35 is a Texas gas lease in Crane County, Railroad Commission district 08, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2005 to August 2026, totalling 296,866 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 $295K, with roughly $60K 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 535 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 3,512 thousand cubic feet. 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 35
- Who operates UNIVERSITY 35?
- UNIVERSITY 35 is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is UNIVERSITY 35?
- UNIVERSITY 35 is a Texas gas lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 214565.
- Is UNIVERSITY 35 still producing?
- UNIVERSITY 35 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 35 is August 2026.
- How much has UNIVERSITY 35 produced?
- UNIVERSITY 35 has reported 296,866 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2005 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 35 worth?
- The remaining production from UNIVERSITY 35 is estimated to be worth about $295K in total as of 26 August 2026, within a range of $230K to $360K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 35 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 35 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 35 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 35 generate in a year?
- UNIVERSITY 35 is forecast to net about $60K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 35 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Block 31 (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 214565 |
| Wellbores | 1 |
| Reported production | 296,866 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $295K |
Where UNIVERSITY 35 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.