UNIVERSITY 14
UNIVERSITY 14 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by R K Petroleum Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 146,840 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 $823K, with roughly $139K 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 116 barrels a month. Its strongest month on the record we hold was October 2019, at 274 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 14
- Who operates UNIVERSITY 14?
- UNIVERSITY 14 is operated by R K Petroleum Corp., Railroad Commission of Texas operator number 687130.
- Where is UNIVERSITY 14?
- UNIVERSITY 14 is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 12851.
- Is UNIVERSITY 14 still producing?
- UNIVERSITY 14 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 14 is August 2026.
- How much has UNIVERSITY 14 produced?
- UNIVERSITY 14 has reported 146,840 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 14 worth?
- The remaining production from UNIVERSITY 14 is estimated to be worth about $823K in total as of 27 August 2026, within a range of $642K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 14 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 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 14 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 14 generate in a year?
- UNIVERSITY 14 is forecast to net about $139K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 14 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | R K Petroleum Corp. |
|---|---|
| Field | Block 38 (Ellenburger) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 12851 |
| Wellbores | 1 |
| Reported production | 146,840 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $823K |
Where UNIVERSITY 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.