RICE UNIVERSITY
RICE UNIVERSITY is a Texas oil lease in De Witt County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 18 wellbores on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 8,527,575 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 $19.8M, with roughly $7.5M 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 11,411 barrels a month, about 634 per wellbore. Its strongest month on the record we hold was August 2019, at 290,540 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 RICE UNIVERSITY
- Who operates RICE UNIVERSITY?
- RICE UNIVERSITY is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is RICE UNIVERSITY?
- RICE UNIVERSITY is a Texas oil lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09742.
- Is RICE UNIVERSITY still producing?
- RICE UNIVERSITY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICE UNIVERSITY is August 2026.
- How much has RICE UNIVERSITY produced?
- RICE UNIVERSITY has reported 8,527,575 barrels of oil (bbl) to the Railroad Commission of Texas between February 2011 and August 2026, from 18 wellbores.
- How much is RICE UNIVERSITY worth?
- The remaining production from RICE UNIVERSITY is estimated to be worth about $19.8M in total as of 27 August 2026, within a range of $16.3M to $23.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICE UNIVERSITY is a fraction of it. The estimate fits an Arps decline curve to the production RICE UNIVERSITY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICE UNIVERSITY is an estimate of value, not an offer and not an appraisal.
- How much income does RICE UNIVERSITY generate in a year?
- RICE UNIVERSITY is forecast to net about $7.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICE UNIVERSITY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 09742 |
| Wellbores | 18 |
| Reported production | 8,527,575 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $19.8M |
Where RICE UNIVERSITY 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.