UNIVERSITY UNIT
UNIVERSITY UNIT is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Highmount Expl & Prod Texas LLC. It has 28 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 672,831 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 $9.0M, with roughly $1.8M 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 981 barrels a month, about 35 per wellbore. Its strongest month on the record we hold was April 2017, at 4,366 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 UNIT
- Who operates UNIVERSITY UNIT?
- UNIVERSITY UNIT is operated by Highmount Expl & Prod Texas LLC, Railroad Commission of Texas operator number 385842.
- Where is UNIVERSITY UNIT?
- UNIVERSITY UNIT is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17743.
- Is UNIVERSITY UNIT still producing?
- UNIVERSITY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY UNIT is August 2026.
- How much has UNIVERSITY UNIT produced?
- UNIVERSITY UNIT has reported 672,831 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 28 wellbores.
- How much is UNIVERSITY UNIT worth?
- The remaining production from UNIVERSITY UNIT is estimated to be worth about $9.0M in total as of 27 August 2026, within a range of $7.0M to $11.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 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 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY UNIT generate in a year?
- UNIVERSITY UNIT is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Highmount Expl & Prod Texas LLC |
|---|---|
| Field | Ozona, Ne. (Canyon 7520) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 17743 |
| Wellbores | 28 |
| Reported production | 672,831 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.0M |
Where UNIVERSITY 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.