UNIVERSITY QB
UNIVERSITY QB is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Oxy USA WTP LP. It has 4 wellbores on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 264,888 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 $801K, with roughly $153K 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 229 barrels a month, about 57 per wellbore. Its strongest month on the record we hold was August 2018, at 1,292 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 UNIVERSITY QB
- Who operates UNIVERSITY QB?
- UNIVERSITY QB is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is UNIVERSITY QB?
- UNIVERSITY QB is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38436.
- Is UNIVERSITY QB still producing?
- UNIVERSITY QB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY QB is August 2026.
- How much has UNIVERSITY QB produced?
- UNIVERSITY QB has reported 264,888 barrels of oil (bbl) to the Railroad Commission of Texas between September 2007 and August 2026, from 4 wellbores.
- How much is UNIVERSITY QB worth?
- The remaining production from UNIVERSITY QB is estimated to be worth about $801K in total as of 27 August 2026, within a range of $625K to $977K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY QB is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY QB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY QB is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY QB generate in a year?
- UNIVERSITY QB is forecast to net about $153K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY QB receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA WTP LP |
|---|---|
| Field | Embar (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 38436 |
| Wellbores | 4 |
| Reported production | 264,888 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $801K |
Where UNIVERSITY QB 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.