ANDREWS UNIVERSITY 28
ANDREWS UNIVERSITY 28 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Williams, Clayton Energy, Inc. It has 16 wellbores on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 521,914 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 $217K, with roughly $37K 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 43 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was December 2016, at 1,371 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 ANDREWS UNIVERSITY 28
- Who operates ANDREWS UNIVERSITY 28?
- ANDREWS UNIVERSITY 28 is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
- Where is ANDREWS UNIVERSITY 28?
- ANDREWS UNIVERSITY 28 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38985.
- Is ANDREWS UNIVERSITY 28 still producing?
- ANDREWS UNIVERSITY 28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ANDREWS UNIVERSITY 28 is August 2026.
- How much has ANDREWS UNIVERSITY 28 produced?
- ANDREWS UNIVERSITY 28 has reported 521,914 barrels of oil (bbl) to the Railroad Commission of Texas between June 2008 and August 2026, from 16 wellbores.
- How much is ANDREWS UNIVERSITY 28 worth?
- The remaining production from ANDREWS UNIVERSITY 28 is estimated to be worth about $217K in total as of 27 August 2026, within a range of $119K to $314K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ANDREWS UNIVERSITY 28 is a fraction of it. The estimate fits an Arps decline curve to the production ANDREWS UNIVERSITY 28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ANDREWS UNIVERSITY 28 is an estimate of value, not an offer and not an appraisal.
- How much income does ANDREWS UNIVERSITY 28 generate in a year?
- ANDREWS UNIVERSITY 28 is forecast to net about $37K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ANDREWS UNIVERSITY 28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 38985 |
| Wellbores | 16 |
| Reported production | 521,914 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $217K |
Where ANDREWS UNIVERSITY 28 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.