Texas oil lease

Producing

UNIVERSITY "40B"

Name: UNIVERSITY "40B" monthly oil and gas production, Andrews County, Texas
Creator: Texas Railroad Commission

University "40B" is an oil lease in Andrews County, Texas, operated by Fasken Oil and Ranch, Ltd. in the McFarland (Queen) field.

2 wells

441bbl oil, last 12 months−1% vs prior year

Operator: Fasken Oil and Ranch, Ltd.
County: Andrews County
Field: McFarland (Queen)
RRC lease: 08-36444

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Where it sits

This county

Andrews County

Oil in Jul 2026: 17 bbl
Reporting since: Jan 2020

Production by month

Oil output held steady over the last 12 months

Oil (bars)
Last 12 months

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

2 wells on this lease

Wells on UNIVERSITY "40B"
API number	Well no.	Status
42-003-38678	3	Shut-in
42-003-38712	4	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From	Until
Energy Trans Crude Marketing LLC	Oil	Gathers	100	Jul 1, 2022	–
Dcp Operating Company, LP	Casinghead gas	Buys	100	Nov 21, 2019	–
Dcp Operating Company, LP	Casinghead gas	Gathers	100	Nov 21, 2019	–
Sentinel Transportation, LLC	Oil	Gathers	100	Nov 21, 2019	Jul 1, 2022
4J Energy, LLC	Oil	Gathers	100	Nov 1, 2019	Nov 21, 2019
Sentinel Transportation, LLC	Oil	Gathers	100	Jan 1, 2004	Nov 1, 2019

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

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160 acres on the newest permit

Good to know
The wells on this lease state different acreage
The permits state between 160 and 160.3 acres. Use the acres from your own division order for the well you are paid on.

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Permits for University "40B"
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-003-38712	4	Dec 18, 2000	Jan 16, 2001	160	Vertical
42-003-38678	3	Sep 20, 2000	Oct 31, 2000	160.30	Vertical

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

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36 months, newest first

Ledger for UNIVERSITY "40B"
Month	Oil producedbbl	Oil soldbbl	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	17	61	$80.46	$2.89
Jun 2026	15	0	$84.81	$3.15
May 2026	39	0	$102.13	$2.94
Apr 2026	39	60	$100.32	$2.77
Mar 2026	65	64	$91.38	$3.04
Feb 2026	30	0	$64.51	$3.62
Jan 2026	23	47	$60.04	$7.72
Dec 2025	49	53	$57.97	$4.26
Nov 2025	49	40	$60.06	$3.79
Oct 2025	42	40	$60.89	$3.19
Sep 2025	27	35	$63.96	$2.97
Aug 2025	46	46	$64.86	$2.91
Jul 2025	26	0	$68.39	$3.20
Jun 2025	38	34	$68.17	$3.02
May 2025	26	33	$62.17	$3.12
Apr 2025	24	30	$63.54	$3.42
Mar 2025	20	39	$68.24	$4.12
Feb 2025	19	0	$71.53	$4.19
Jan 2025	0	58	$75.74	$4.13
Dec 2024	50	141	$70.12	$3.01
Nov 2024	44	0	$69.95	$2.12
Oct 2024	82	0	$71.99	$2.20
Sep 2024	46	87	$70.24	$2.28
Aug 2024	72	90	$76.68	$1.99
Jul 2024	55	90	$81.80	$2.07
Jun 2024	38	0	$79.77	$2.54
May 2024	39	0	$80.02	$2.12
Apr 2024	67	89	$85.35	$1.60
Mar 2024	80	88	$81.28	$1.49
Feb 2024	80	85	$77.25	$1.72
Jan 2024	54	88	$74.15	$3.18
Dec 2023	70	0	$71.90	$2.52
Nov 2023	62	93	$77.69	$2.71
Oct 2023	37	102	$85.64	$2.98
Sep 2023	81	109	$89.43	$2.64
Aug 2023	69	0	$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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