UNIVERSITY 09 10-15 ALLOC 03
UNIVERSITY 09 10-15 ALLOC 03 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Sable Permian Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2019 to August 2026, totalling 191,725 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 $2.9M, with roughly $938K 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 1,665 barrels a month. Its strongest month on the record we hold was August 2021, at 10,782 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 09 10-15 ALLOC 03
- Who operates UNIVERSITY 09 10-15 ALLOC 03?
- UNIVERSITY 09 10-15 ALLOC 03 is operated by Sable Permian Resources, LLC, Railroad Commission of Texas operator number 742251.
- Where is UNIVERSITY 09 10-15 ALLOC 03?
- UNIVERSITY 09 10-15 ALLOC 03 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20873.
- Is UNIVERSITY 09 10-15 ALLOC 03 still producing?
- UNIVERSITY 09 10-15 ALLOC 03 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 09 10-15 ALLOC 03 is August 2026.
- How much has UNIVERSITY 09 10-15 ALLOC 03 produced?
- UNIVERSITY 09 10-15 ALLOC 03 has reported 191,725 barrels of oil (bbl) to the Railroad Commission of Texas between July 2019 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 09 10-15 ALLOC 03 worth?
- The remaining production from UNIVERSITY 09 10-15 ALLOC 03 is estimated to be worth about $2.9M in total as of 27 August 2026, within a range of $2.4M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 09 10-15 ALLOC 03 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 09 10-15 ALLOC 03 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 09 10-15 ALLOC 03 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 09 10-15 ALLOC 03 generate in a year?
- UNIVERSITY 09 10-15 ALLOC 03 is forecast to net about $938K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 09 10-15 ALLOC 03 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sable Permian Resources, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20873 |
| Wellbores | 1 |
| Reported production | 191,725 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where UNIVERSITY 09 10-15 ALLOC 03 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.