TRINITY UNIVERSITY "199"
TRINITY UNIVERSITY "199" is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Fasken, Barbara. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,592,519 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 $3.8M, with roughly $891K 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 1,257 barrels a month, about 157 per wellbore. Its strongest month on the record we hold was March 2018, at 2,910 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 TRINITY UNIVERSITY "199"
- Who operates TRINITY UNIVERSITY "199"?
- TRINITY UNIVERSITY "199" is operated by Fasken, Barbara, Railroad Commission of Texas operator number 263695.
- Where is TRINITY UNIVERSITY "199"?
- TRINITY UNIVERSITY "199" is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66755.
- Is TRINITY UNIVERSITY "199" still producing?
- TRINITY UNIVERSITY "199" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRINITY UNIVERSITY "199" is August 2026.
- How much has TRINITY UNIVERSITY "199" produced?
- TRINITY UNIVERSITY "199" has reported 1,592,519 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is TRINITY UNIVERSITY "199" worth?
- The remaining production from TRINITY UNIVERSITY "199" is estimated to be worth about $3.8M in total as of 27 August 2026, within a range of $3.1M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRINITY UNIVERSITY "199" is a fraction of it. The estimate fits an Arps decline curve to the production TRINITY UNIVERSITY "199" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRINITY UNIVERSITY "199" is an estimate of value, not an offer and not an appraisal.
- How much income does TRINITY UNIVERSITY "199" generate in a year?
- TRINITY UNIVERSITY "199" is forecast to net about $891K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TRINITY UNIVERSITY "199" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken, Barbara |
|---|---|
| Field | Three-O-Three (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 66755 |
| Wellbores | 8 |
| Reported production | 1,592,519 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where TRINITY UNIVERSITY "199" 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.