PRAIRIE SCHOONER UNIVERSITY
PRAIRIE SCHOONER UNIVERSITY is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Burleson Petroleum, Inc. It has 4 wellbores on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 213,180 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 $1.8M, with roughly $401K 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 506 barrels a month, about 126 per wellbore. Its strongest month on the record we hold was August 2016, at 1,069 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 PRAIRIE SCHOONER UNIVERSITY
- Who operates PRAIRIE SCHOONER UNIVERSITY?
- PRAIRIE SCHOONER UNIVERSITY is operated by Burleson Petroleum, Inc., Railroad Commission of Texas operator number 109255.
- Where is PRAIRIE SCHOONER UNIVERSITY?
- PRAIRIE SCHOONER UNIVERSITY is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39985.
- Is PRAIRIE SCHOONER UNIVERSITY still producing?
- PRAIRIE SCHOONER UNIVERSITY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRAIRIE SCHOONER UNIVERSITY is August 2026.
- How much has PRAIRIE SCHOONER UNIVERSITY produced?
- PRAIRIE SCHOONER UNIVERSITY has reported 213,180 barrels of oil (bbl) to the Railroad Commission of Texas between June 2010 and August 2026, from 4 wellbores.
- How much is PRAIRIE SCHOONER UNIVERSITY worth?
- The remaining production from PRAIRIE SCHOONER UNIVERSITY is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRAIRIE SCHOONER UNIVERSITY is a fraction of it. The estimate fits an Arps decline curve to the production PRAIRIE SCHOONER UNIVERSITY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRAIRIE SCHOONER UNIVERSITY is an estimate of value, not an offer and not an appraisal.
- How much income does PRAIRIE SCHOONER UNIVERSITY generate in a year?
- PRAIRIE SCHOONER UNIVERSITY is forecast to net about $401K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRAIRIE SCHOONER UNIVERSITY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burleson Petroleum, Inc. |
|---|---|
| Field | Fullerton |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 39985 |
| Wellbores | 4 |
| Reported production | 213,180 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where PRAIRIE SCHOONER 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.