UNIVERSITY "40B"
UNIVERSITY "40B" is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Fasken Oil And Ranch, Ltd. It has 2 wellbores on file with the Commission. Reported production runs from November 2000 to August 2026, totalling 46,917 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 $4K, with roughly $720 expected over the next twelve months.
| Operator | Fasken Oil And Ranch, Ltd. |
|---|---|
| Field | Mcfarland (Queen) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 36444 |
| Wellbores | 2 |
| Reported production | 46,917 bbl |
| First reported | November 2000 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
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.