TEXAS UNIVERSITY CONS.
TEXAS UNIVERSITY CONS. is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Penroc Oil Corp. It has 16 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 182,961 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $23K, with roughly $4K expected over the next twelve months.
| Operator | Penroc Oil Corp. |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 01703 |
| Wellbores | 16 |
| Reported production | 182,961 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $23K |
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.