Skip to content
Royalty Clerk

Texas oil lease

Producing

STATE UNIVERSITY COLT

State University Colt is an oil lease in Andrews County, Texas, operated by Burk Royalty Co., Ltd. in the Shafter Lake (San Andres) field.

1 well

6,967bbl oil, last 12 months−29% vs prior year
Operator
Burk Royalty Co., Ltd.
County
Andrews County
Field
Shafter Lake (San Andres)
RRC lease
08-49935

Is your check right?

Check my statement

Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
4,809 mcf
Oil in Jul 2026
558 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for STATE UNIVERSITY COLT, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 6,967 bbl in the 12 months through Jul 2026, against 9,780 bbl in the 12 months before.Last 12 months: 6,967 bblbbl per monthmcf per month002502005004007506001,0008001,2501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for STATE UNIVERSITY COLT, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 6,967 bbl in the 12 months through Jul 2026, against 9,780 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502005004007506001,0008001,2501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 14.6% of the gas in Dec 2024.

  • Transmission line (2)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of STATE UNIVERSITY COLT gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 14.6% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 14.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of STATE UNIVERSITY COLT gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 14.6% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Flared 14.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 4,762 mcf

  • Flared (4)

    1.0% · 47 mcf

1.0% of the gas flared in the last 12 months. 5 months above 3%.

Who has run this lease

The operator changed once, most recently in Aug 2020

Operators of this lease over timePacesetter Energy, LLC, Jan 2020 to Jul 2020; Burk Royalty Co., Ltd., Aug 2020 to Jul 20262020202120222023202420252026Changed Aug 2020Pacesetter Energy, LLCJan 2020 to Jul 2020Burk Royalty Co., Ltd.Aug 2020 to now
Operators of this lease over timePacesetter Energy, LLC, Jan 2020 to Jul 2020; Burk Royalty Co., Ltd., Aug 2020 to Jul 20262020202120222023202420252026Changed Aug 2020Pacesetter Energy, LLCJan 2020 to Jul 2020Burk Royalty Co., Ltd.Aug 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STATE UNIVERSITY COLT
API numberWell no.Status
42-003-476061HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Jun 1, 2023–
Dcp Operating Company, LPCasinghead gasBuys100Dec 22, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Dec 22, 2017–
Sentinel Transportation, LLCOilGathers100Dec 1, 2020Jun 1, 2023
Pilot Travel Centers LLCOilGathers100Aug 1, 2020Dec 1, 2020
Bridger Transportation, LLCOilGathers100Dec 22, 2017Aug 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

320 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for State University Colt
API numberWell no.Acreson the permit
42-003-476061H320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STATE UNIVERSITY COLT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Burk Royalty5585343983980$80.46$2.89
Jun 2026Burk Royalty5595585205200$84.81$3.15
May 2026Burk Royalty57954251549817$102.13$2.94
Apr 2026Burk Royalty61167360457529$100.32$2.77
Mar 2026Burk Royalty5365144384380$91.38$3.04
Feb 2026Burk Royalty5115314594590$64.51$3.62
Jan 2026Burk Royalty6105494324320$60.04$7.72
Dec 2025Burk Royalty6346272842840$57.97$4.26
Nov 2025Burk Royalty7217303723720$60.06$3.79
Oct 2025Burk Royalty6056324404400$60.89$3.19
Sep 2025Burk Royalty4954433293281$63.96$2.97
Aug 2025Burk Royalty54857418180$64.86$2.91
Jul 2025Burk Royalty58662815141$68.39$3.20
Jun 2025Burk Royalty67255511110$68.17$3.02
May 2025Burk Royalty64175212120$62.17$3.12
Apr 2025Burk Royalty92495529828612$63.54$3.42
Mar 2025Burk Royalty8548144384380$68.24$4.12
Feb 2025Burk Royalty7738024594590$71.53$4.19
Jan 2025Burk Royalty9028654454405$75.74$4.13
Dec 2024Burk Royalty82983932928148$70.12$3.01
Nov 2024Burk Royalty9651,0055575570$69.95$2.12
Oct 2024Burk Royalty9229186476470$71.99$2.20
Sep 2024Burk Royalty6866616636630$70.24$2.28
Aug 2024Burk Royalty1,0261,0296686680$76.68$1.99
Jul 2024Burk Royalty8938741401400$81.80$2.07
Jun 2024Burk Royalty74370461610$79.77$2.54
May 2024Burk Royalty55854955550$80.02$2.12
Apr 2024Burk Royalty300319550$85.35$1.60
Mar 2024Burk Royalty486518000$81.28$1.49
Feb 2024Burk Royalty7176893523520$77.25$1.72
Jan 2024Burk Royalty7447783313310$74.15$3.18
Dec 2023Burk Royalty7827345505500$71.90$2.52
Nov 2023Burk Royalty6977643093090$77.69$2.71
Oct 2023Burk Royalty8978625285280$85.64$2.98
Sep 2023Burk Royalty9189564474470$89.43$2.64
Aug 2023Burk Royalty8968532332330$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorBurk Royalty Co., Ltd.FieldShafter Lake (San Andres)CountyAndrews County

Burk Royalty Co., Ltd. in Andrews County

All Burk Royalty Co., Ltd. leases →

Shafter Lake (San Andres) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km