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Texas oil lease

No report in 6+ months

UNIVERSITY 40

University 40 is an oil lease in Andrews County, Texas, operated by Montare Operating, Ltd. in the Fuhrman-Mascho field.

8 wells

0bbl oil, last 12 months
RRC lease
08-44675

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Oil in Apr 2023
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    All 8 wells on this lease are marked plugged.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

No production to chart

The state shows zero oil and zero gas for all 20 months we hold (May 2020 to Apr 2023). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Feb 2023

Operators of this lease over timeAvalon TX Operating, LLC, Jan 2020 to Sep 2021; Montare Operating, Ltd., Feb 2023 to Apr 20232020202120222023Changed Feb 2023Avalon TX Operating, LLCJan 2020 to Sep 2021Montare Operating, Ltd.Feb 2023 to now
Operators of this lease over timeAvalon TX Operating, LLC, Jan 2020 to Sep 2021; Montare Operating, Ltd., Feb 2023 to Apr 20232020202120222023Changed Feb 2023Avalon TX Operating, LLCJan 2020 to Sep 2021Montare Operating, Ltd.Feb 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

8 wells on this lease

Wells on UNIVERSITY 40
API numberWell no.Status
42-003-456582Active
42-003-4592414Active
42-003-460999Active
42-003-4610110Active
42-003-462778Active
42-003-4633011Active
42-003-463354Active
42-003-4649516Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ace Gathering, Inc.OilGathers100Nov 1, 2019–
Dcp Operating Company, LPCasinghead gasBuys100Feb 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers100Feb 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Nov 1, 2019
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Nov 1, 2019
Enterprise Crude Oil LLCOilGathers100Feb 14, 2014Nov 1, 2019

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

320 acres on the newest permit

  • 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.

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for University 40
API numberWell no.Acreson the permit
42-003-4649516320
42-003-462778320
42-003-4633011320
42-003-463354320
42-003-460999320
42-003-4610110320
42-003-4592414320
42-003-456582320

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

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY 40
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Apr 2023Montare Operating,00$79.45$2.16
Mar 2023Montare Operating,00$73.28$2.31
Feb 2023Montare Operating,00$76.83$2.38
Jan 2023No report––$78.12$3.27
Dec 2022No report––$76.44$5.53
Nov 2022No report––$84.37$5.45
Oct 2022No report––$87.55$5.66
Sep 2022No report––$84.26$7.88
Aug 2022No report––$93.67$8.81
Jul 2022No report––$101.62$7.28
Jun 2022No report––$114.84$7.70
May 2022No report––$109.55$8.14
Apr 2022No report––$101.78$6.60
Mar 2022No report––$108.50$4.90
Feb 2022No report––$91.64$4.69
Jan 2022No report––$83.22$4.38
Dec 2021No report––$71.71$3.76
Nov 2021No report––$79.15$5.05
Oct 2021No report––$81.48$5.51
Sep 2021Avalon TX00$71.65$5.16
Aug 2021Avalon TX00$67.73$4.07
Jul 2021Avalon TX00$72.49$3.84
Jun 2021Avalon TX00$71.38$3.26
May 2021Avalon TX00$65.17$2.91
Apr 2021Avalon TX00$61.72$2.66
Mar 2021Avalon TX00$62.33$2.62
Feb 2021Avalon TX00$59.04$5.35
Jan 2021Avalon TX00$52.00$2.71
Dec 2020Avalon TX00$47.02$2.58
Nov 2020Avalon TX00$40.94$2.61
Oct 2020Avalon TX00$39.40$2.39
Sep 2020Avalon TX00$39.63$1.92
Aug 2020Avalon TX00$42.34$2.30
Jul 2020Avalon TX00$40.71$1.76
Jun 2020Avalon TX00$38.31$1.63
May 2020Avalon TX00$28.56$1.75

No report filed

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

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Nearby

Montare Operating, Ltd. in Andrews County

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