UNIVERSITY 13
UNIVERSITY 13 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Michaelson Producing Company. It has 3 wellbores on file with the Commission. Reported production runs from February 1996 to August 2026, totalling 21,794 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 $182K, with roughly $35K 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 46 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was July 2018, at 56 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 13
- Who operates UNIVERSITY 13?
- UNIVERSITY 13 is operated by Michaelson Producing Company, Railroad Commission of Texas operator number 564150.
- Where is UNIVERSITY 13?
- UNIVERSITY 13 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 14339.
- Is UNIVERSITY 13 still producing?
- UNIVERSITY 13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 13 is August 2026.
- How much has UNIVERSITY 13 produced?
- UNIVERSITY 13 has reported 21,794 barrels of oil (bbl) to the Railroad Commission of Texas between February 1996 and August 2026, from 3 wellbores.
- How much is UNIVERSITY 13 worth?
- The remaining production from UNIVERSITY 13 is estimated to be worth about $182K in total as of 27 August 2026, within a range of $100K to $263K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 13 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 13 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 13 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 13 generate in a year?
- UNIVERSITY 13 is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 13 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Michaelson Producing Company |
|---|---|
| Field | Farmer (San Andres) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 14339 |
| Wellbores | 3 |
| Reported production | 21,794 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $182K |
Where UNIVERSITY 13 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.