UNIVERSITY -D-
UNIVERSITY -D- is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pech Oil Co., No. 2. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 88,677 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 $419K, with roughly $81K 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 107 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was November 2018, at 253 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 -D-
- Who operates UNIVERSITY -D-?
- UNIVERSITY -D- is operated by Pech Oil Co., No. 2, Railroad Commission of Texas operator number 648890.
- Where is UNIVERSITY -D-?
- UNIVERSITY -D- is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 00412.
- Is UNIVERSITY -D- still producing?
- UNIVERSITY -D- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY -D- is August 2026.
- How much has UNIVERSITY -D- produced?
- UNIVERSITY -D- has reported 88,677 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is UNIVERSITY -D- worth?
- The remaining production from UNIVERSITY -D- is estimated to be worth about $419K in total as of 26 August 2026, within a range of $327K to $512K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY -D- is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY -D- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY -D- is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY -D- generate in a year?
- UNIVERSITY -D- is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY -D- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pech Oil Co., No. 2 |
|---|---|
| Field | Crockett |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 00412 |
| Wellbores | 5 |
| Reported production | 88,677 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $419K |
Where UNIVERSITY -D- 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.