UNIVERSITY 40
UNIVERSITY 40 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Eog Resources, Inc. It has 64 wellbores on file with the Commission. Reported production runs from May 2010 to August 2026, totalling 5,903,627 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 $79.4M, with roughly $18.3M 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 11,350 barrels a month, about 177 per wellbore. Its strongest month on the record we hold was August 2018, at 156,365 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 40
- Who operates UNIVERSITY 40?
- UNIVERSITY 40 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is UNIVERSITY 40?
- UNIVERSITY 40 is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17171.
- Is UNIVERSITY 40 still producing?
- UNIVERSITY 40 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 40 is August 2026.
- How much has UNIVERSITY 40 produced?
- UNIVERSITY 40 has reported 5,903,627 barrels of oil (bbl) to the Railroad Commission of Texas between May 2010 and August 2026, from 64 wellbores.
- How much is UNIVERSITY 40 worth?
- The remaining production from UNIVERSITY 40 is estimated to be worth about $79.4M in total as of 27 August 2026, within a range of $65.1M to $93.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 40 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 40 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 40 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 40 generate in a year?
- UNIVERSITY 40 is forecast to net about $18.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 40 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 17171 |
| Wellbores | 64 |
| Reported production | 5,903,627 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $79.4M |
Where UNIVERSITY 40 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.