UNIVERSITY 45
UNIVERSITY 45 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Approach Operating LLC. It has 104 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 6,722,768 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 $83.9M, with roughly $17.0M 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 13,363 barrels a month, about 128 per wellbore. Its strongest month on the record we hold was May 2016, at 64,150 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 45
- Who operates UNIVERSITY 45?
- UNIVERSITY 45 is operated by Approach Operating LLC, Railroad Commission of Texas operator number 028625.
- Where is UNIVERSITY 45?
- UNIVERSITY 45 is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17662.
- Is UNIVERSITY 45 still producing?
- UNIVERSITY 45 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 45 is August 2026.
- How much has UNIVERSITY 45 produced?
- UNIVERSITY 45 has reported 6,722,768 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 104 wellbores.
- How much is UNIVERSITY 45 worth?
- The remaining production from UNIVERSITY 45 is estimated to be worth about $83.9M in total as of 27 August 2026, within a range of $68.8M to $99.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 45 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 45 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 45 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 45 generate in a year?
- UNIVERSITY 45 is forecast to net about $17.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 45 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Approach Operating LLC |
|---|---|
| Field | Holt Ranch (Consolidated) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 17662 |
| Wellbores | 104 |
| Reported production | 6,722,768 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $83.9M |
Where UNIVERSITY 45 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.