UNIVERSITYRUBY

UNIVERSITYRUBY is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Exl Petroleum, LP. It has 1 wellbore on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 19,772 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 $454K, with roughly $85K 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 57 barrels a month. Its strongest month on the record we hold was February 2026, at 433 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 UNIVERSITYRUBY

Who operates UNIVERSITYRUBY?
UNIVERSITYRUBY is operated by Exl Petroleum, LP, Railroad Commission of Texas operator number 256791.
Where is UNIVERSITYRUBY?
UNIVERSITYRUBY is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16491.
Is UNIVERSITYRUBY still producing?
UNIVERSITYRUBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITYRUBY is August 2026.
How much has UNIVERSITYRUBY produced?
UNIVERSITYRUBY has reported 19,772 barrels of oil (bbl) to the Railroad Commission of Texas between December 2007 and August 2026, from 1 wellbore.
How much is UNIVERSITYRUBY worth?
The remaining production from UNIVERSITYRUBY is estimated to be worth about $454K in total as of 26 August 2026, within a range of $249K to $658K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITYRUBY is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITYRUBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITYRUBY is an estimate of value, not an offer and not an appraisal.
How much income does UNIVERSITYRUBY generate in a year?
UNIVERSITYRUBY is forecast to net about $85K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITYRUBY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

UNIVERSITYRUBY as filed with the Railroad Commission of Texas
OperatorExl Petroleum, LP
FieldSheep Mountain (Consolidated)
CountyCrockett County, Texas
RRC district7C
Lease number16491
Wellbores1
Reported production19,772 bbl
First reported
Last reported
Estimated royalty value$454K

Where UNIVERSITYRUBY 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.