UNIVERSITY 17 "C"
UNIVERSITY 17 "C" is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by MGF Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,056 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 $196K, with roughly $34K 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 40 barrels a month. Its strongest month on the record we hold was July 2022, at 137 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 17 "C"
- Who operates UNIVERSITY 17 "C"?
- UNIVERSITY 17 "C" is operated by MGF Oil Corporation, Railroad Commission of Texas operator number 563320.
- Where is UNIVERSITY 17 "C"?
- UNIVERSITY 17 "C" is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 09397.
- Is UNIVERSITY 17 "C" still producing?
- UNIVERSITY 17 "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 17 "C" is August 2026.
- How much has UNIVERSITY 17 "C" produced?
- UNIVERSITY 17 "C" has reported 25,056 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 17 "C" worth?
- The remaining production from UNIVERSITY 17 "C" is estimated to be worth about $196K in total as of 27 August 2026, within a range of $108K to $284K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 17 "C" is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 17 "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 17 "C" is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 17 "C" generate in a year?
- UNIVERSITY 17 "C" is forecast to net about $34K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 17 "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MGF Oil Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 09397 |
| Wellbores | 1 |
| Reported production | 25,056 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $196K |
Where UNIVERSITY 17 "C" 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.