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UNIVERSITY 38E

University 38E is an oil lease in Andrews County, Texas, operated by Montare Operating, Ltd. in the Fuhrman-Mascho field.

2 wells

1,520bbl oil, last 12 months−35% vs prior year
Operator
Montare Operating, Ltd.
County
Andrews County
Field
Fuhrman-Mascho
RRC lease
08-45169

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
249 mcf
Oil in Jul 2026
96 bbl

Production by month

Oil output fell 35% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 38E, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 1,520 bbl in the 12 months through Jul 2026, against 2,332 bbl in the 12 months before.Last 12 months: 1,520 bblbbl per monthmcf per month001001020020300304004050050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 38E, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 1,520 bbl in the 12 months through Jul 2026, against 2,332 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001020020300304004050050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 38E gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of UNIVERSITY 38E gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Aug 2021

Operators of this lease over timeAvalon TX Operating, LLC, Jan 2020 to Jul 2021; Montare Operating, Ltd., Aug 2021 to Jul 20262020202120222023202420252026Changed Aug 2021Avalon TX Operating, LLCJan 2020 to Jul 2021Montare Operating, Ltd.Aug 2021 to now
Operators of this lease over timeAvalon TX Operating, LLC, Jan 2020 to Jul 2021; Montare Operating, Ltd., Aug 2021 to Jul 20262020202120222023202420252026Changed Aug 2021Avalon TX Operating, LLCJan 2020 to Jul 2021Montare Operating, Ltd.Aug 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on UNIVERSITY 38E
API numberWell no.Status
42-003-458522Active
42-003-465213Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Midcon Gathering LLCOilGathers100Jan 1, 2024–
Dcp Operating Company, LPCasinghead gasBuys100Aug 1, 2021–
Dcp Operating Company, LPCasinghead gasGathers100Aug 1, 2021–
Ace Gathering, Inc.OilGathers100Nov 1, 2019Jan 1, 2024
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Nov 1, 2019
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Nov 1, 2019
Enterprise Crude Oil LLCOilGathers100Apr 22, 2014Nov 1, 2019

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

Who buys my oilOil price check

40 acres on the newest permit

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Permits for University 38E
API numberWell no.Acreson the permit
42-003-46521340
42-003-45852240

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

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36 months, newest first

Ledger for UNIVERSITY 38E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Montare Operating,9696000$80.46$2.89
Jun 2026Montare Operating,136136550$84.81$3.15
May 2026Montare Operating,15215218180$102.13$2.94
Apr 2026Montare Operating,12612625250$100.32$2.77
Mar 2026Montare Operating,11211223230$91.38$3.04
Feb 2026Montare Operating,8888220$64.51$3.62
Jan 2026Montare Operating,969619190$60.04$7.72
Dec 2025Montare Operating,989814140$57.97$4.26
Nov 2025Montare Operating,15415427270$60.06$3.79
Oct 2025Montare Operating,17617638380$60.89$3.19
Sep 2025Montare Operating,13813836360$63.96$2.97
Aug 2025Montare Operating,14814842420$64.86$2.91
Jul 2025Montare Operating,16016017170$68.39$3.20
Jun 2025Montare Operating,989818180$68.17$3.02
May 2025Montare Operating,104104550$62.17$3.12
Apr 2025Montare Operating,166166770$63.54$3.42
Mar 2025Montare Operating,174174110$68.24$4.12
Feb 2025Montare Operating,18418411110$71.53$4.19
Jan 2025Montare Operating,21821816160$75.74$4.13
Dec 2024Montare Operating,220220660$70.12$3.01
Nov 2024Montare Operating,20020022220$69.95$2.12
Oct 2024Montare Operating,21221213130$71.99$2.20
Sep 2024Montare Operating,278278660$70.24$2.28
Aug 2024Montare Operating,318318660$76.68$1.99
Jul 2024Montare Operating,43843815150$81.80$2.07
Jun 2024Montare Operating,49649635350$79.77$2.54
May 2024Montare Operating,00000$80.02$2.12
Apr 2024Montare Operating,00000$85.35$1.60
Mar 2024Montare Operating,4040000$81.28$1.49
Feb 2024Montare Operating,8080220$77.25$1.72
Jan 2024Montare Operating,8282110$74.15$3.18
Dec 2023Montare Operating,6262220$71.90$2.52
Nov 2023Montare Operating,8686220$77.69$2.71
Oct 2023Montare Operating,7070220$85.64$2.98
Sep 2023Montare Operating,5656440$89.43$2.64
Aug 2023Montare Operating,5372000$81.39$2.58

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

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Nearby

This lease belongs to

OperatorMontare Operating, Ltd.FieldFuhrman-MaschoCountyAndrews County

Montare Operating, Ltd. in Andrews County

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Fuhrman-Mascho field

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