UNIVERSITY 5-38 B
UNIVERSITY 5-38 B is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Piedra Operating, Llc. It has 1 wellbore on file with the Commission. Reported production runs from December 2019 to August 2026, totalling 520,374 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 $225K, with roughly $50K expected over the next twelve months.
| Operator | Piedra Operating, Llc |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 54080 |
| Wellbores | 1 |
| Reported production | 520,374 bbl |
| First reported | December 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $225K |
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.