U-TEXAS #36991
U-TEXAS #36991 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Mobil Producing TX. & N.M. Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 257,920 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 $878K, with roughly $214K 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 305 barrels a month, about 153 per wellbore. Its strongest month on the record we hold was July 2024, at 529 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 U-TEXAS #36991
- Who operates U-TEXAS #36991?
- U-TEXAS #36991 is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is U-TEXAS #36991?
- U-TEXAS #36991 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 12014.
- Is U-TEXAS #36991 still producing?
- U-TEXAS #36991 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for U-TEXAS #36991 is August 2026.
- How much has U-TEXAS #36991 produced?
- U-TEXAS #36991 has reported 257,920 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is U-TEXAS #36991 worth?
- The remaining production from U-TEXAS #36991 is estimated to be worth about $878K in total as of 27 August 2026, within a range of $685K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in U-TEXAS #36991 is a fraction of it. The estimate fits an Arps decline curve to the production U-TEXAS #36991 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for U-TEXAS #36991 is an estimate of value, not an offer and not an appraisal.
- How much income does U-TEXAS #36991 generate in a year?
- U-TEXAS #36991 is forecast to net about $214K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in U-TEXAS #36991 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | Magutex (Devonian) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 12014 |
| Wellbores | 2 |
| Reported production | 257,920 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $878K |
Where U-TEXAS #36991 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.