UNIVERSITY TEMA
UNIVERSITY TEMA is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Legacy Reserves Operating LP. It has 1 wellbore on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 135,670 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 $2.0M, with roughly $462K 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 602 barrels a month. Its strongest month on the record we hold was March 2018, at 7,791 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 TEMA
- Who operates UNIVERSITY TEMA?
- UNIVERSITY TEMA is operated by Legacy Reserves Operating LP, Railroad Commission of Texas operator number 495445.
- Where is UNIVERSITY TEMA?
- UNIVERSITY TEMA is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19959.
- Is UNIVERSITY TEMA still producing?
- UNIVERSITY TEMA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY TEMA is August 2026.
- How much has UNIVERSITY TEMA produced?
- UNIVERSITY TEMA has reported 135,670 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 1 wellbore.
- How much is UNIVERSITY TEMA worth?
- The remaining production from UNIVERSITY TEMA is estimated to be worth about $2.0M in total as of 27 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY TEMA is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY TEMA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY TEMA is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY TEMA generate in a year?
- UNIVERSITY TEMA is forecast to net about $462K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY TEMA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Legacy Reserves Operating LP |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 19959 |
| Wellbores | 1 |
| Reported production | 135,670 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where UNIVERSITY TEMA 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.