UNIVERSITY 09
UNIVERSITY 09 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Enduring Resources, LLC. It has 56 wellbores on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 1,411,379 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 $42.8M, with roughly $11.5M 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 13,077 barrels a month, about 234 per wellbore. Its strongest month on the record we hold was May 2021, at 27,654 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 UNIVERSITY 09
- Who operates UNIVERSITY 09?
- UNIVERSITY 09 is operated by Enduring Resources, LLC, Railroad Commission of Texas operator number 252014.
- Where is UNIVERSITY 09?
- UNIVERSITY 09 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17721.
- Is UNIVERSITY 09 still producing?
- UNIVERSITY 09 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 09 is August 2026.
- How much has UNIVERSITY 09 produced?
- UNIVERSITY 09 has reported 1,411,379 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 56 wellbores.
- How much is UNIVERSITY 09 worth?
- The remaining production from UNIVERSITY 09 is estimated to be worth about $42.8M in total as of 27 August 2026, within a range of $35.1M to $50.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 09 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 09 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 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 09 generate in a year?
- UNIVERSITY 09 is forecast to net about $11.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 09 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enduring Resources, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 17721 |
| Wellbores | 56 |
| Reported production | 1,411,379 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $42.8M |
Where UNIVERSITY 09 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.