UNIVERSITY MCDANIELS "9"
UNIVERSITY MCDANIELS "9" is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Shenandoah Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 1995 to August 2026, totalling 91,758 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 $127K, with roughly $24K 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 41 barrels a month. Its strongest month on the record we hold was May 2016, at 395 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 MCDANIELS "9"
- Who operates UNIVERSITY MCDANIELS "9"?
- UNIVERSITY MCDANIELS "9" is operated by Shenandoah Petroleum Corporation, Railroad Commission of Texas operator number 775563.
- Where is UNIVERSITY MCDANIELS "9"?
- UNIVERSITY MCDANIELS "9" is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34543.
- Is UNIVERSITY MCDANIELS "9" still producing?
- UNIVERSITY MCDANIELS "9" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY MCDANIELS "9" is August 2026.
- How much has UNIVERSITY MCDANIELS "9" produced?
- UNIVERSITY MCDANIELS "9" has reported 91,758 barrels of oil (bbl) to the Railroad Commission of Texas between June 1995 and August 2026, from 1 wellbore.
- How much is UNIVERSITY MCDANIELS "9" worth?
- The remaining production from UNIVERSITY MCDANIELS "9" is estimated to be worth about $127K in total as of 27 August 2026, within a range of $70K to $184K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY MCDANIELS "9" is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY MCDANIELS "9" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY MCDANIELS "9" is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY MCDANIELS "9" generate in a year?
- UNIVERSITY MCDANIELS "9" is forecast to net about $24K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY MCDANIELS "9" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shenandoah Petroleum Corporation |
|---|---|
| Field | Viejos (Devonian) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 34543 |
| Wellbores | 1 |
| Reported production | 91,758 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $127K |
Where UNIVERSITY MCDANIELS "9" 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.