UNIVERSITY 12 RE
UNIVERSITY 12 RE is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Sable Permian Resources, LLC. It has 4 wellbores on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 107,048 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 $4.5M, with roughly $948K 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 1,242 barrels a month, about 311 per wellbore. Its strongest month on the record we hold was May 2021, at 3,077 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 12 RE
- Who operates UNIVERSITY 12 RE?
- UNIVERSITY 12 RE is operated by Sable Permian Resources, LLC, Railroad Commission of Texas operator number 742251.
- Where is UNIVERSITY 12 RE?
- UNIVERSITY 12 RE is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20623.
- Is UNIVERSITY 12 RE still producing?
- UNIVERSITY 12 RE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 12 RE is August 2026.
- How much has UNIVERSITY 12 RE produced?
- UNIVERSITY 12 RE has reported 107,048 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 4 wellbores.
- How much is UNIVERSITY 12 RE worth?
- The remaining production from UNIVERSITY 12 RE is estimated to be worth about $4.5M in total as of 27 August 2026, within a range of $3.7M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 12 RE is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 12 RE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 12 RE is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 12 RE generate in a year?
- UNIVERSITY 12 RE is forecast to net about $948K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 12 RE 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) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20623 |
| Wellbores | 4 |
| Reported production | 107,048 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.5M |
Where UNIVERSITY 12 RE 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.