UNIVERSITY 40
UNIVERSITY 40 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Bc Operating, Inc. It has 6 wellbores on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 318,080 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 $18K, with roughly $5K expected over the next twelve months.
| Operator | Bc Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 39162 |
| Wellbores | 6 |
| Reported production | 318,080 bbl |
| First reported | May 2008 |
| Last reported | August 2026 |
| Estimated royalty value | $18K |
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.