8407 JU-P UNIVERSITY 23-B-

8407 JU-P UNIVERSITY 23-B- is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Bta Oil Producers. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 75,043 barrels. The lease is intermittent. 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 $89K, with roughly $17K 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 21 barrels a month. Its strongest month on the record we hold was November 2019, at 214 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 8407 JU-P UNIVERSITY 23-B-

Who operates 8407 JU-P UNIVERSITY 23-B-?: 8407 JU-P UNIVERSITY 23-B- is operated by Bta Oil Producers, Railroad Commission of Texas operator number 041860.
Where is 8407 JU-P UNIVERSITY 23-B-?: 8407 JU-P UNIVERSITY 23-B- is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 30150.
Is 8407 JU-P UNIVERSITY 23-B- still producing?: 8407 JU-P UNIVERSITY 23-B- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for 8407 JU-P UNIVERSITY 23-B- is August 2026.
How much has 8407 JU-P UNIVERSITY 23-B- produced?: 8407 JU-P UNIVERSITY 23-B- has reported 75,043 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is 8407 JU-P UNIVERSITY 23-B- worth?: The remaining production from 8407 JU-P UNIVERSITY 23-B- is estimated to be worth about $89K in total as of 27 August 2026, within a range of $49K to $129K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in 8407 JU-P UNIVERSITY 23-B- is a fraction of it. The estimate fits an Arps decline curve to the production 8407 JU-P UNIVERSITY 23-B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for 8407 JU-P UNIVERSITY 23-B- is an estimate of value, not an offer and not an appraisal.
How much income does 8407 JU-P UNIVERSITY 23-B- generate in a year?: 8407 JU-P UNIVERSITY 23-B- is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in 8407 JU-P UNIVERSITY 23-B- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

8407 JU-P UNIVERSITY 23-B- as filed with the Railroad Commission of Texas
Operator	Bta Oil Producers
Field	Andrews, South (Wolfcamp)
County	Andrews County, Texas
RRC district	08
Lease number	30150
Wellbores	1
Reported production	75,043 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$89K

Where 8407 JU-P UNIVERSITY 23-B- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.