UNIVERSITY 38 BLOCK UNIT
UNIVERSITY 38 BLOCK UNIT is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Ep Energy E&P Company, L.P. It has 7 wellbores on file with the Commission. Reported production runs from April 2017 to August 2026, totalling 844,447 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 $12.0M, with roughly $2.6M 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 1,488 barrels a month, about 213 per wellbore. Its strongest month on the record we hold was September 2017, at 102,284 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 38 BLOCK UNIT
- Who operates UNIVERSITY 38 BLOCK UNIT?
- UNIVERSITY 38 BLOCK UNIT is operated by Ep Energy E&P Company, L.P., Railroad Commission of Texas operator number 253385.
- Where is UNIVERSITY 38 BLOCK UNIT?
- UNIVERSITY 38 BLOCK UNIT is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19776.
- Is UNIVERSITY 38 BLOCK UNIT still producing?
- UNIVERSITY 38 BLOCK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 38 BLOCK UNIT is August 2026.
- How much has UNIVERSITY 38 BLOCK UNIT produced?
- UNIVERSITY 38 BLOCK UNIT has reported 844,447 barrels of oil (bbl) to the Railroad Commission of Texas between April 2017 and August 2026, from 7 wellbores.
- How much is UNIVERSITY 38 BLOCK UNIT worth?
- The remaining production from UNIVERSITY 38 BLOCK UNIT is estimated to be worth about $12.0M in total as of 27 August 2026, within a range of $9.9M to $14.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 38 BLOCK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 38 BLOCK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 38 BLOCK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 38 BLOCK UNIT generate in a year?
- UNIVERSITY 38 BLOCK UNIT is forecast to net about $2.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 38 BLOCK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ep Energy E&P Company, L.P. |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 19776 |
| Wellbores | 7 |
| Reported production | 844,447 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.0M |
Where UNIVERSITY 38 BLOCK UNIT 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.