UNIVERSITY 57 3
UNIVERSITY 57 3 is a Texas gas lease in Schleicher County, Railroad Commission district 7C, operated by Upp Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 10,891 thousand cubic feet. 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 $60K, with roughly $10K 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 175 thousand cubic feet a month. Its strongest month on the record we hold was May 2023, at 763 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 57 3
- Who operates UNIVERSITY 57 3?
- UNIVERSITY 57 3 is operated by Upp Operating, LLC, Railroad Commission of Texas operator number 875310.
- Where is UNIVERSITY 57 3?
- UNIVERSITY 57 3 is a Texas gas lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 295250.
- Is UNIVERSITY 57 3 still producing?
- UNIVERSITY 57 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 57 3 is August 2026.
- How much has UNIVERSITY 57 3 produced?
- UNIVERSITY 57 3 has reported 10,891 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 57 3 worth?
- The remaining production from UNIVERSITY 57 3 is estimated to be worth about $60K in total as of 27 August 2026, within a range of $47K to $73K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 57 3 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 57 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 57 3 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 57 3 generate in a year?
- UNIVERSITY 57 3 is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 57 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Upp Operating, LLC |
|---|---|
| Field | Ozona, Ne. (Canyon 7520) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 295250 |
| Wellbores | 1 |
| Reported production | 10,891 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where UNIVERSITY 57 3 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.