UNIVERSITY 3-14C
UNIVERSITY 3-14C is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2025 to August 2026, totalling 116,573 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 $29.4M, with roughly $6.5M 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 9,094 barrels a month. Its strongest month on the record we hold was September 2025, at 15,683 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 3-14C
- Who operates UNIVERSITY 3-14C?
- UNIVERSITY 3-14C is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is UNIVERSITY 3-14C?
- UNIVERSITY 3-14C is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23073.
- Is UNIVERSITY 3-14C still producing?
- UNIVERSITY 3-14C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 3-14C is August 2026.
- How much has UNIVERSITY 3-14C produced?
- UNIVERSITY 3-14C has reported 116,573 barrels of oil (bbl) to the Railroad Commission of Texas between May 2025 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 3-14C worth?
- The remaining production from UNIVERSITY 3-14C is estimated to be worth about $29.4M in total as of 27 August 2026, within a range of $24.4M to $34.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 3-14C is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 3-14C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 3-14C is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 3-14C generate in a year?
- UNIVERSITY 3-14C is forecast to net about $6.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 3-14C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 23073 |
| Wellbores | 1 |
| Reported production | 116,573 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $29.4M |
Where UNIVERSITY 3-14C 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.