EXXON-UNIVERSITY
EXXON-UNIVERSITY is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Naumann Oil & Gas, Inc. It has 5 wellbores on file with the Commission. Reported production runs from December 1998 to August 2026, totalling 179,191 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 $803K, with roughly $154K 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 208 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was January 2019, at 457 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 EXXON-UNIVERSITY
- Who operates EXXON-UNIVERSITY?
- EXXON-UNIVERSITY is operated by Naumann Oil & Gas, Inc., Railroad Commission of Texas operator number 601025.
- Where is EXXON-UNIVERSITY?
- EXXON-UNIVERSITY is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35934.
- Is EXXON-UNIVERSITY still producing?
- EXXON-UNIVERSITY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EXXON-UNIVERSITY is August 2026.
- How much has EXXON-UNIVERSITY produced?
- EXXON-UNIVERSITY has reported 179,191 barrels of oil (bbl) to the Railroad Commission of Texas between December 1998 and August 2026, from 5 wellbores.
- How much is EXXON-UNIVERSITY worth?
- The remaining production from EXXON-UNIVERSITY is estimated to be worth about $803K in total as of 26 August 2026, within a range of $626K to $979K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EXXON-UNIVERSITY is a fraction of it. The estimate fits an Arps decline curve to the production EXXON-UNIVERSITY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EXXON-UNIVERSITY is an estimate of value, not an offer and not an appraisal.
- How much income does EXXON-UNIVERSITY generate in a year?
- EXXON-UNIVERSITY is forecast to net about $154K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EXXON-UNIVERSITY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Naumann Oil & Gas, Inc. |
|---|---|
| Field | Cowden, North |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 35934 |
| Wellbores | 5 |
| Reported production | 179,191 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $803K |
Where EXXON-UNIVERSITY 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.