UNIVERSITY 8-4B N
UNIVERSITY 8-4B N 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 June 2022 to August 2026, totalling 187,682 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 $2.3M, with roughly $977K 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 1,582 barrels a month. Its strongest month on the record we hold was September 2022, at 12,169 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 8-4B N
- Who operates UNIVERSITY 8-4B N?
- UNIVERSITY 8-4B N is operated by Piedra Operating, LLC, Railroad Commission of Texas operator number 664930.
- Where is UNIVERSITY 8-4B N?
- UNIVERSITY 8-4B N is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58508.
- Is UNIVERSITY 8-4B N still producing?
- UNIVERSITY 8-4B N is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 8-4B N is August 2026.
- How much has UNIVERSITY 8-4B N produced?
- UNIVERSITY 8-4B N has reported 187,682 barrels of oil (bbl) to the Railroad Commission of Texas between June 2022 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 8-4B N worth?
- The remaining production from UNIVERSITY 8-4B N is estimated to be worth about $2.3M in total as of 26 August 2026, within a range of $1.9M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 8-4B N is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 8-4B N has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 8-4B N is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 8-4B N generate in a year?
- UNIVERSITY 8-4B N is forecast to net about $977K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 8-4B N receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Piedra Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 58508 |
| Wellbores | 1 |
| Reported production | 187,682 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where UNIVERSITY 8-4B N 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.