UNIVERSITY 14-B
UNIVERSITY 14-B is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Michaelson Producing Company. It has 4 wellbores on file with the Commission. Reported production runs from February 1996 to August 2026, totalling 41,977 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 $279K, with roughly $54K 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 70 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was August 2021, at 109 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 14-B
- Who operates UNIVERSITY 14-B?
- UNIVERSITY 14-B is operated by Michaelson Producing Company, Railroad Commission of Texas operator number 564150.
- Where is UNIVERSITY 14-B?
- UNIVERSITY 14-B is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 14340.
- Is UNIVERSITY 14-B still producing?
- UNIVERSITY 14-B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 14-B is August 2026.
- How much has UNIVERSITY 14-B produced?
- UNIVERSITY 14-B has reported 41,977 barrels of oil (bbl) to the Railroad Commission of Texas between February 1996 and August 2026, from 4 wellbores.
- How much is UNIVERSITY 14-B worth?
- The remaining production from UNIVERSITY 14-B is estimated to be worth about $279K in total as of 27 August 2026, within a range of $153K to $404K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 14-B is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 14-B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 14-B is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 14-B generate in a year?
- UNIVERSITY 14-B is forecast to net about $54K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 14-B 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 | 14340 |
| Wellbores | 4 |
| Reported production | 41,977 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $279K |
Where UNIVERSITY 14-B 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.