UNIVERSITY BLOCK 12
UNIVERSITY BLOCK 12 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Petrohawk Operating Company. It has 8 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 392,949 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 $2.6M, with roughly $637K 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 877 barrels a month, about 110 per wellbore. Its strongest month on the record we hold was May 2016, at 3,586 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BLOCK 12
- Who operates UNIVERSITY BLOCK 12?
- UNIVERSITY BLOCK 12 is operated by Petrohawk Operating Company, Railroad Commission of Texas operator number 660146.
- Where is UNIVERSITY BLOCK 12?
- UNIVERSITY BLOCK 12 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17929.
- Is UNIVERSITY BLOCK 12 still producing?
- UNIVERSITY BLOCK 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY BLOCK 12 is August 2026.
- How much has UNIVERSITY BLOCK 12 produced?
- UNIVERSITY BLOCK 12 has reported 392,949 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 8 wellbores.
- How much is UNIVERSITY BLOCK 12 worth?
- The remaining production from UNIVERSITY BLOCK 12 is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.0M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY BLOCK 12 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY BLOCK 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY BLOCK 12 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY BLOCK 12 generate in a year?
- UNIVERSITY BLOCK 12 is forecast to net about $637K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY BLOCK 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petrohawk Operating Company |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 17929 |
| Wellbores | 8 |
| Reported production | 392,949 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where UNIVERSITY BLOCK 12 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.