UNIVERSITY 11RE
UNIVERSITY 11RE is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Permian Resources Operating, LLC. It has 7 wellbores on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 81,587 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 $1.9M, with roughly $610K 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 946 barrels a month, about 135 per wellbore. Its strongest month on the record we hold was December 2023, at 4,291 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 11RE
- Who operates UNIVERSITY 11RE?
- UNIVERSITY 11RE is operated by Permian Resources Operating, LLC, Railroad Commission of Texas operator number 100852.
- Where is UNIVERSITY 11RE?
- UNIVERSITY 11RE is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23011.
- Is UNIVERSITY 11RE still producing?
- UNIVERSITY 11RE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 11RE is August 2026.
- How much has UNIVERSITY 11RE produced?
- UNIVERSITY 11RE has reported 81,587 barrels of oil (bbl) to the Railroad Commission of Texas between April 2023 and August 2026, from 7 wellbores.
- How much is UNIVERSITY 11RE worth?
- The remaining production from UNIVERSITY 11RE is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 11RE is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 11RE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 11RE is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 11RE generate in a year?
- UNIVERSITY 11RE is forecast to net about $610K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 11RE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 23011 |
| Wellbores | 7 |
| Reported production | 81,587 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where UNIVERSITY 11RE 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.