U-TEX LSE. 36989
U-TEX LSE. 36989 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Mobil Producing TX. & N.M. Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,319 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 $104K, with roughly $20K 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 37 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was January 2024, at 112 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 U-TEX LSE. 36989
- Who operates U-TEX LSE. 36989?
- U-TEX LSE. 36989 is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is U-TEX LSE. 36989?
- U-TEX LSE. 36989 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 25634.
- Is U-TEX LSE. 36989 still producing?
- U-TEX LSE. 36989 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for U-TEX LSE. 36989 is August 2026.
- How much has U-TEX LSE. 36989 produced?
- U-TEX LSE. 36989 has reported 20,319 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is U-TEX LSE. 36989 worth?
- The remaining production from U-TEX LSE. 36989 is estimated to be worth about $104K in total as of 26 August 2026, within a range of $57K to $151K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in U-TEX LSE. 36989 is a fraction of it. The estimate fits an Arps decline curve to the production U-TEX LSE. 36989 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for U-TEX LSE. 36989 is an estimate of value, not an offer and not an appraisal.
- How much income does U-TEX LSE. 36989 generate in a year?
- U-TEX LSE. 36989 is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in U-TEX LSE. 36989 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | Magutex (Atoka) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 25634 |
| Wellbores | 3 |
| Reported production | 20,319 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $104K |
Where U-TEX LSE. 36989 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.