CIMAREX UNIVERSITY '20-43'

CIMAREX UNIVERSITY '20-43' is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Cimarex Energy Co. Of Colorado. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 198,147 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 $5.6M, with roughly $1.2M 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 1,687 barrels a month. Its strongest month on the record we hold was March 2026, at 2,642 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 CIMAREX UNIVERSITY '20-43'

Who operates CIMAREX UNIVERSITY '20-43'?
CIMAREX UNIVERSITY '20-43' is operated by Cimarex Energy Co. Of Colorado, Railroad Commission of Texas operator number 153429.
Where is CIMAREX UNIVERSITY '20-43'?
CIMAREX UNIVERSITY '20-43' is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38733.
Is CIMAREX UNIVERSITY '20-43' still producing?
CIMAREX UNIVERSITY '20-43' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CIMAREX UNIVERSITY '20-43' is August 2026.
How much has CIMAREX UNIVERSITY '20-43' produced?
CIMAREX UNIVERSITY '20-43' has reported 198,147 barrels of oil (bbl) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
How much is CIMAREX UNIVERSITY '20-43' worth?
The remaining production from CIMAREX UNIVERSITY '20-43' is estimated to be worth about $5.6M in total as of 26 August 2026, within a range of $4.6M to $6.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CIMAREX UNIVERSITY '20-43' is a fraction of it. The estimate fits an Arps decline curve to the production CIMAREX UNIVERSITY '20-43' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CIMAREX UNIVERSITY '20-43' is an estimate of value, not an offer and not an appraisal.
How much income does CIMAREX UNIVERSITY '20-43' generate in a year?
CIMAREX UNIVERSITY '20-43' is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CIMAREX UNIVERSITY '20-43' receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CIMAREX UNIVERSITY '20-43' as filed with the Railroad Commission of Texas
OperatorCimarex Energy Co. Of Colorado
FieldTwo Georges (Bone Spring)
CountyWard County, Texas
RRC district08
Lease number38733
Wellbores1
Reported production198,147 bbl
First reported
Last reported
Estimated royalty value$5.6M

Where CIMAREX UNIVERSITY '20-43' 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.