ANDREWS UNIVERSITY "20"

ANDREWS UNIVERSITY "20" is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Williams, Clayton Energy, Inc. It has 8 wellbores on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 446,809 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 $250K, with roughly $101K 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 419 barrels a month, about 52 per wellbore. Its strongest month on the record we hold was August 2023, at 1,749 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 ANDREWS UNIVERSITY "20"

Who operates ANDREWS UNIVERSITY "20"?
ANDREWS UNIVERSITY "20" is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
Where is ANDREWS UNIVERSITY "20"?
ANDREWS UNIVERSITY "20" is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38917.
Is ANDREWS UNIVERSITY "20" still producing?
ANDREWS UNIVERSITY "20" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ANDREWS UNIVERSITY "20" is August 2026.
How much has ANDREWS UNIVERSITY "20" produced?
ANDREWS UNIVERSITY "20" has reported 446,809 barrels of oil (bbl) to the Railroad Commission of Texas between July 2008 and August 2026, from 8 wellbores.
How much is ANDREWS UNIVERSITY "20" worth?
The remaining production from ANDREWS UNIVERSITY "20" is estimated to be worth about $250K in total as of 27 August 2026, within a range of $195K to $305K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ANDREWS UNIVERSITY "20" is a fraction of it. The estimate fits an Arps decline curve to the production ANDREWS UNIVERSITY "20" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ANDREWS UNIVERSITY "20" is an estimate of value, not an offer and not an appraisal.
How much income does ANDREWS UNIVERSITY "20" generate in a year?
ANDREWS UNIVERSITY "20" is forecast to net about $101K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ANDREWS UNIVERSITY "20" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

ANDREWS UNIVERSITY "20" as filed with the Railroad Commission of Texas
OperatorWilliams, Clayton Energy, Inc.
FieldSpraberry (Trend Area)
CountyAndrews County, Texas
RRC district08
Lease number38917
Wellbores8
Reported production446,809 bbl
First reported
Last reported
Estimated royalty value$250K

Where ANDREWS UNIVERSITY "20" 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.