UNIVERSITY 29-21
UNIVERSITY 29-21 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 351,124 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 $37K, with roughly $10K 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 735 thousand cubic feet a month. Its strongest month on the record we hold was May 2023, at 1,877 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 29-21
- Who operates UNIVERSITY 29-21?
- UNIVERSITY 29-21 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is UNIVERSITY 29-21?
- UNIVERSITY 29-21 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 130191.
- Is UNIVERSITY 29-21 still producing?
- UNIVERSITY 29-21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 29-21 is August 2026.
- How much has UNIVERSITY 29-21 produced?
- UNIVERSITY 29-21 has reported 351,124 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 29-21 worth?
- The remaining production from UNIVERSITY 29-21 is estimated to be worth about $37K in total as of 27 August 2026, within a range of $29K to $45K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 29-21 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 29-21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 29-21 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 29-21 generate in a year?
- UNIVERSITY 29-21 is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 29-21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 130191 |
| Wellbores | 1 |
| Reported production | 351,124 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $37K |
Where UNIVERSITY 29-21 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.