UNIVERSITY 38
UNIVERSITY 38 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Bass Enterprises Production Co. It has 1 wellbore on file with the Commission. Reported production runs from April 2002 to August 2026, totalling 1,781,637 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 $118K, with roughly $27K expected over the next twelve months.
| Operator | Bass Enterprises Production Co. |
|---|---|
| Field | Satellite (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 36923 |
| Wellbores | 1 |
| Reported production | 1,781,637 bbl |
| First reported | April 2002 |
| Last reported | August 2026 |
| Estimated royalty value | $118K |
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.