UNIVERSITY 42
UNIVERSITY 42 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Approach Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 2,050,428 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 $62K, with roughly $35K 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 2,278 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 12,320 thousand cubic feet. 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 42
- Who operates UNIVERSITY 42?
- UNIVERSITY 42 is operated by Approach Operating LLC, Railroad Commission of Texas operator number 028625.
- Where is UNIVERSITY 42?
- UNIVERSITY 42 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 237560.
- Is UNIVERSITY 42 still producing?
- UNIVERSITY 42 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 42 is August 2026.
- How much has UNIVERSITY 42 produced?
- UNIVERSITY 42 has reported 2,050,428 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2007 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 42 worth?
- The remaining production from UNIVERSITY 42 is estimated to be worth about $62K in total as of 27 August 2026, within a range of $52K to $73K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 42 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 42 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 42 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 42 generate in a year?
- UNIVERSITY 42 is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 42 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Approach Operating LLC |
|---|---|
| Field | Ozona, N. (Ellenburger) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 237560 |
| Wellbores | 1 |
| Reported production | 2,050,428 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $62K |
Where UNIVERSITY 42 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.