UNIVERSITY 19-5
UNIVERSITY 19-5 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Sandridge Expl. And Prod., LLC. It has 2 wellbores on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 70,303 barrels. The lease is intermittent. 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 $502K, with roughly $88K 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 48 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was April 2020, at 2,772 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 UNIVERSITY 19-5
- Who operates UNIVERSITY 19-5?
- UNIVERSITY 19-5 is operated by Sandridge Expl. And Prod., LLC, Railroad Commission of Texas operator number 748011.
- Where is UNIVERSITY 19-5?
- UNIVERSITY 19-5 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48459.
- Is UNIVERSITY 19-5 still producing?
- UNIVERSITY 19-5 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 19-5 is August 2026.
- How much has UNIVERSITY 19-5 produced?
- UNIVERSITY 19-5 has reported 70,303 barrels of oil (bbl) to the Railroad Commission of Texas between October 2010 and August 2026, from 2 wellbores.
- How much is UNIVERSITY 19-5 worth?
- The remaining production from UNIVERSITY 19-5 is estimated to be worth about $502K in total as of 27 August 2026, within a range of $276K to $728K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 19-5 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 19-5 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 19-5 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 19-5 generate in a year?
- UNIVERSITY 19-5 is forecast to net about $88K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 19-5 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sandridge Expl. And Prod., LLC |
|---|---|
| Field | Martin (Consolidated) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 48459 |
| Wellbores | 2 |
| Reported production | 70,303 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $502K |
Where UNIVERSITY 19-5 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.