UNIVERSITY-MACARTHUR
UNIVERSITY-MACARTHUR is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Lamb, James L., JR. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 82,177 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 $482K, with roughly $93K 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 150 barrels a month, about 50 per wellbore. Its strongest month on the record we hold was February 2024, at 362 barrels. 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-MACARTHUR
- Who operates UNIVERSITY-MACARTHUR?
- UNIVERSITY-MACARTHUR is operated by Lamb, James L., JR., Railroad Commission of Texas operator number 484100.
- Where is UNIVERSITY-MACARTHUR?
- UNIVERSITY-MACARTHUR is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 09933.
- Is UNIVERSITY-MACARTHUR still producing?
- UNIVERSITY-MACARTHUR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY-MACARTHUR is August 2026.
- How much has UNIVERSITY-MACARTHUR produced?
- UNIVERSITY-MACARTHUR has reported 82,177 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is UNIVERSITY-MACARTHUR worth?
- The remaining production from UNIVERSITY-MACARTHUR is estimated to be worth about $482K in total as of 27 August 2026, within a range of $376K to $588K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY-MACARTHUR is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY-MACARTHUR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY-MACARTHUR is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY-MACARTHUR generate in a year?
- UNIVERSITY-MACARTHUR is forecast to net about $93K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY-MACARTHUR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lamb, James L., JR. |
|---|---|
| Field | Howard Draw (Shallow) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 09933 |
| Wellbores | 3 |
| Reported production | 82,177 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $482K |
Where UNIVERSITY-MACARTHUR 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.