UNIVERSITY 35-19B
UNIVERSITY 35-19B is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Civitas Permian Operating, LLC. It has 3 wellbores on file with the Commission. Reported production runs from September 2024 to August 2026, totalling 333,118 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 $18.2M, with roughly $6.2M 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 12,402 barrels a month, about 4,134 per wellbore. Its strongest month on the record we hold was December 2024, at 32,655 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 35-19B
- Who operates UNIVERSITY 35-19B?
- UNIVERSITY 35-19B is operated by Civitas Permian Operating, LLC, Railroad Commission of Texas operator number 101577.
- Where is UNIVERSITY 35-19B?
- UNIVERSITY 35-19B is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22888.
- Is UNIVERSITY 35-19B still producing?
- UNIVERSITY 35-19B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 35-19B is August 2026.
- How much has UNIVERSITY 35-19B produced?
- UNIVERSITY 35-19B has reported 333,118 barrels of oil (bbl) to the Railroad Commission of Texas between September 2024 and August 2026, from 3 wellbores.
- How much is UNIVERSITY 35-19B worth?
- The remaining production from UNIVERSITY 35-19B is estimated to be worth about $18.2M in total as of 27 August 2026, within a range of $14.9M to $21.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 35-19B is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 35-19B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 35-19B is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 35-19B generate in a year?
- UNIVERSITY 35-19B is forecast to net about $6.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 35-19B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Civitas Permian Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22888 |
| Wellbores | 3 |
| Reported production | 333,118 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $18.2M |
Where UNIVERSITY 35-19B 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.