UNIVERSITY 24
UNIVERSITY 24 is a Texas gas lease in Schleicher County, Railroad Commission district 7C, operated by Parker & Parsley Development Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 172,858 thousand cubic feet. The lease is intermittent. 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 $28K, with roughly $4K 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 125 thousand cubic feet a month. Its strongest month on the record we hold was June 2021, at 580 thousand cubic feet. 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 24
- Who operates UNIVERSITY 24?
- UNIVERSITY 24 is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is UNIVERSITY 24?
- UNIVERSITY 24 is a Texas gas lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 094725.
- Is UNIVERSITY 24 still producing?
- UNIVERSITY 24 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 24 is August 2026.
- How much has UNIVERSITY 24 produced?
- UNIVERSITY 24 has reported 172,858 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 24 worth?
- The remaining production from UNIVERSITY 24 is estimated to be worth about $28K in total as of 27 August 2026, within a range of $22K to $34K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 24 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 24 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 24 generate in a year?
- UNIVERSITY 24 is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 24 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | University 53 (Canyon) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 094725 |
| Wellbores | 1 |
| Reported production | 172,858 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $28K |
Where UNIVERSITY 24 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.