TEXACO UNIVERSITY "10"
TEXACO UNIVERSITY "10" is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Rust Oil Corp. It has 6 wellbores on file with the Commission. Reported production runs from April 1995 to August 2026, totalling 243,254 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 $563K, with roughly $210K 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 418 barrels a month, about 70 per wellbore. Its strongest month on the record we hold was May 2025, at 718 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 TEXACO UNIVERSITY "10"
- Who operates TEXACO UNIVERSITY "10"?
- TEXACO UNIVERSITY "10" is operated by Rust Oil Corp., Railroad Commission of Texas operator number 737890.
- Where is TEXACO UNIVERSITY "10"?
- TEXACO UNIVERSITY "10" is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34448.
- Is TEXACO UNIVERSITY "10" still producing?
- TEXACO UNIVERSITY "10" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO UNIVERSITY "10" is August 2026.
- How much has TEXACO UNIVERSITY "10" produced?
- TEXACO UNIVERSITY "10" has reported 243,254 barrels of oil (bbl) to the Railroad Commission of Texas between April 1995 and August 2026, from 6 wellbores.
- How much is TEXACO UNIVERSITY "10" worth?
- The remaining production from TEXACO UNIVERSITY "10" is estimated to be worth about $563K in total as of 27 August 2026, within a range of $439K to $687K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO UNIVERSITY "10" is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO UNIVERSITY "10" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO UNIVERSITY "10" is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO UNIVERSITY "10" generate in a year?
- TEXACO UNIVERSITY "10" is forecast to net about $210K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEXACO UNIVERSITY "10" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rust Oil Corp. |
|---|---|
| Field | Fullerton (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 34448 |
| Wellbores | 6 |
| Reported production | 243,254 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $563K |
Where TEXACO UNIVERSITY "10" 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.