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U-TEXAS #36994-A/C #2

U-Texas #36994-A/C #2 is an oil lease in Andrews County, Texas, operated by Fasken Oil and Ranch, Ltd. in the Magutex (Devonian) field.

6 wells

6,809bbl oil, last 12 months+100% vs prior year
Operator
Fasken Oil and Ranch, Ltd.
County
Andrews County
Field
Magutex (Devonian)
RRC lease
08-04038

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
4,021 mcf
Oil in Jul 2026
474 bbl

Production by month

Oil output rose 100% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 100% over the last 12 monthsMonthly oil production and gas for U-TEXAS #36994-A/C #2, Aug 2023 to Jul 2026. Oil output rose 100% over the last 12 months. 6,809 bbl in the 12 months through Jul 2026, against 3,400 bbl in the 12 months before.Last 12 months: 6,809 bblbbl per monthmcf per month002502005004007506001,000800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 100% over the last 12 monthsMonthly oil production and gas for U-TEXAS #36994-A/C #2, Aug 2023 to Jul 2026. Oil output rose 100% over the last 12 months. 6,809 bbl in the 12 months through Jul 2026, against 3,400 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502005004007506001,000800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

Flaring peaked at 89.1% of the gas in Jun 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of U-TEXAS #36994-A/C #2 gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 89.1% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 89.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of U-TEXAS #36994-A/C #2 gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 89.1% of the gas in Jun 2025.Share of gas by disposition code0%50%100%Flared 89.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 3,739 mcf

  • Flared (4)

    3.8% · 152 mcf

  • Lease fuel (1)

    3.2% · 130 mcf

3.8% of the gas flared in the last 12 months. 18 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2021

Operators of this lease over timeChevron Midcontinent, L.P., Jan 2020 to Dec 2020; Fasken Oil and Ranch, Ltd., Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Chevron Midcontinent, L.P.Jan 2020 to Dec 2020Fasken Oil and Ranch, Ltd.Jan 2021 to now
Operators of this lease over timeChevron Midcontinent, L.P., Jan 2020 to Dec 2020; Fasken Oil and Ranch, Ltd., Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Chevron Midcontinent, L.P.Jan 2020 to Dec 2020Fasken Oil and Ranch, Ltd.Jan 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

6 wells on this lease

Wells on U-TEXAS #36994-A/C #2
API numberWell no.Status
42-003-037821DActive
42-003-037852Active
42-003-037893Active
42-003-101204Active
42-003-381725Active
42-003-387676Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Apr 1, 2025–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Centurion Pipeline L.p.OilGathers100Jun 3, 2022Apr 1, 2025
Oasis Transp & Marketing Corp.OilGathers100May 23, 2022Jun 3, 2022
Centurion Pipeline L.p.OilGathers100Sep 1, 2004May 23, 2022

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

Who buys my oilOil price check

323.60 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 647.8 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    8 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 U-Texas #36994-A/C #2
API numberWell no.Acreson the permit
42-003-101204323.60
42-003-387676320
42-003-381725647.80
42-003-037852323.60
42-003-037852 U323.60
42-003-037821–
42-003-037821D–
42-003-037893–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for U-TEXAS #36994-A/C #2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Fasken Oil4744803813680$80.46$2.89
Jun 2026Fasken Oil4724693563440$84.81$3.15
May 2026Fasken Oil5815943413310$102.13$2.94
Apr 2026Fasken Oil5775894003880$100.32$2.77
Mar 2026Fasken Oil6045964003880$91.38$3.04
Feb 2026Fasken Oil6696873583470$64.51$3.62
Jan 2026Fasken Oil5515263403280$60.04$7.72
Dec 2025Fasken Oil60757252649317$57.97$4.26
Nov 2025Fasken Oil5626165675470$60.06$3.79
Oct 2025Fasken Oil594584753140$60.89$3.19
Sep 2025Fasken Oil5935851437758$63.96$2.97
Aug 2025Fasken Oil5255201349737$64.86$2.91
Jul 2025Fasken Oil51751216227135$68.39$3.20
Jun 2025Fasken Oil65959920122179$68.17$3.02
May 2025Fasken Oil2532512412410$62.17$3.12
Apr 2025Fasken Oil3062731651590$63.54$3.42
Mar 2025Fasken Oil91101550$68.24$4.12
Feb 2025Fasken Oil1341411761690$71.53$4.19
Jan 2025Fasken Oil237217554211$75.74$4.13
Dec 2024Fasken Oil611071394$70.12$3.01
Nov 2024Fasken Oil25028445430$69.95$2.12
Oct 2024Fasken Oil5194622542430$71.99$2.20
Sep 2024Fasken Oil1161421161030$70.24$2.28
Aug 2024Fasken Oil2572511901820$76.68$1.99
Jul 2024Fasken Oil21929921618128$81.80$2.07
Jun 2024Fasken Oil6397022742650$79.77$2.54
May 2024Fasken Oil974905538351167$80.02$2.12
Apr 2024Fasken Oil7277452692610$85.35$1.60
Mar 2024Fasken Oil88482244438248$81.28$1.49
Feb 2024Fasken Oil48653425321925$77.25$1.72
Jan 2024Fasken Oil721702718368334$74.15$3.18
Dec 2023Fasken Oil720817496186298$71.90$2.52
Nov 2023Fasken Oil70568750865430$77.69$2.71
Oct 2023Fasken Oil69362943768356$85.64$2.98
Sep 2023Fasken Oil79579924719642$89.43$2.64
Aug 2023Fasken Oil76976337028090$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.

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This lease belongs to

OperatorFasken Oil and Ranch, Ltd.FieldMagutex (Devonian)CountyAndrews County

Fasken Oil and Ranch, Ltd. in Andrews County

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Magutex (Devonian) field

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