SATANTA UNIVERSITY
SATANTA UNIVERSITY is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Burleson, Lewis B. Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 7,446 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 $7K, with roughly $1K 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 2 barrels a month. Its strongest month on the record we hold was June 2016, at 150 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SATANTA UNIVERSITY
- Who operates SATANTA UNIVERSITY?
- SATANTA UNIVERSITY is operated by Burleson, Lewis B. Inc., Railroad Commission of Texas operator number 109295.
- Where is SATANTA UNIVERSITY?
- SATANTA UNIVERSITY is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38456.
- Is SATANTA UNIVERSITY still producing?
- SATANTA UNIVERSITY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SATANTA UNIVERSITY is August 2026.
- How much has SATANTA UNIVERSITY produced?
- SATANTA UNIVERSITY has reported 7,446 barrels of oil (bbl) to the Railroad Commission of Texas between November 2007 and August 2026, from 1 wellbore.
- How much is SATANTA UNIVERSITY worth?
- The remaining production from SATANTA UNIVERSITY is estimated to be worth about $7K in total as of 26 August 2026, within a range of $0 to $13K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SATANTA UNIVERSITY is a fraction of it. The estimate fits an Arps decline curve to the production SATANTA UNIVERSITY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SATANTA UNIVERSITY is an estimate of value, not an offer and not an appraisal.
- How much income does SATANTA UNIVERSITY generate in a year?
- SATANTA UNIVERSITY is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SATANTA UNIVERSITY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burleson, Lewis B. Inc. |
|---|---|
| Field | Embar (Permian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 38456 |
| Wellbores | 1 |
| Reported production | 7,446 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where SATANTA 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.