UNIV. -FHL-
UNIV. -FHL- is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Smith & Marrs Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,575 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 $23K, 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 5 barrels a month. Its strongest month on the record we hold was June 2019, at 66 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 UNIV. -FHL-
- Who operates UNIV. -FHL-?
- UNIV. -FHL- is operated by Smith & Marrs Inc., Railroad Commission of Texas operator number 794699.
- Where is UNIV. -FHL-?
- UNIV. -FHL- is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 17795.
- Is UNIV. -FHL- still producing?
- UNIV. -FHL- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIV. -FHL- is August 2026.
- How much has UNIV. -FHL- produced?
- UNIV. -FHL- has reported 12,575 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is UNIV. -FHL- worth?
- The remaining production from UNIV. -FHL- is estimated to be worth about $23K in total as of 27 August 2026, within a range of $0 to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIV. -FHL- is a fraction of it. The estimate fits an Arps decline curve to the production UNIV. -FHL- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIV. -FHL- is an estimate of value, not an offer and not an appraisal.
- How much income does UNIV. -FHL- generate in a year?
- UNIV. -FHL- 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 UNIV. -FHL- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Smith & Marrs Inc. |
|---|---|
| Field | Spencer |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 17795 |
| Wellbores | 1 |
| Reported production | 12,575 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where UNIV. -FHL- 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.