STATE UNIVERSITY -CH-
STATE UNIVERSITY -CH- is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 349,984 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 $3.9M, with roughly $877K 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 866 barrels a month. Its strongest month on the record we hold was March 2025, at 1,581 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 STATE UNIVERSITY -CH-
- Who operates STATE UNIVERSITY -CH-?
- STATE UNIVERSITY -CH- is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is STATE UNIVERSITY -CH-?
- STATE UNIVERSITY -CH- is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 09699.
- Is STATE UNIVERSITY -CH- still producing?
- STATE UNIVERSITY -CH- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE UNIVERSITY -CH- is August 2026.
- How much has STATE UNIVERSITY -CH- produced?
- STATE UNIVERSITY -CH- has reported 349,984 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is STATE UNIVERSITY -CH- worth?
- The remaining production from STATE UNIVERSITY -CH- is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.1M to $4.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE UNIVERSITY -CH- is a fraction of it. The estimate fits an Arps decline curve to the production STATE UNIVERSITY -CH- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE UNIVERSITY -CH- is an estimate of value, not an offer and not an appraisal.
- How much income does STATE UNIVERSITY -CH- generate in a year?
- STATE UNIVERSITY -CH- is forecast to net about $877K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE UNIVERSITY -CH- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Means, East (Strawn) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 09699 |
| Wellbores | 1 |
| Reported production | 349,984 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where STATE UNIVERSITY -CH- 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.