UNIVERSITY "B"
UNIVERSITY "B" is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Hannathon Petroleum, LLC. It has 2 wellbores on file with the Commission. Reported production runs from January 2008 to August 2026, totalling 55,280 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 $680K, with roughly $131K 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 198 barrels a month, about 99 per wellbore. Its strongest month on the record we hold was October 2021, at 666 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 "B"
- Who operates UNIVERSITY "B"?
- UNIVERSITY "B" is operated by Hannathon Petroleum, LLC, Railroad Commission of Texas operator number 354954.
- Where is UNIVERSITY "B"?
- UNIVERSITY "B" is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38671.
- Is UNIVERSITY "B" still producing?
- UNIVERSITY "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY "B" is August 2026.
- How much has UNIVERSITY "B" produced?
- UNIVERSITY "B" has reported 55,280 barrels of oil (bbl) to the Railroad Commission of Texas between January 2008 and August 2026, from 2 wellbores.
- How much is UNIVERSITY "B" worth?
- The remaining production from UNIVERSITY "B" is estimated to be worth about $680K in total as of 27 August 2026, within a range of $530K to $829K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY "B" is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY "B" is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY "B" generate in a year?
- UNIVERSITY "B" is forecast to net about $131K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hannathon Petroleum, LLC |
|---|---|
| Field | Shafter Lake (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 38671 |
| Wellbores | 2 |
| Reported production | 55,280 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $680K |
Where UNIVERSITY "B" 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.