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Producing

UNIVERSITY JV 14

University JV 14 is an oil lease in Andrews County, Texas, operated by Burk Royalty Co., Ltd. in the Shafter Lake (San Andres) field.

6 wells

38,126bbl oil, last 12 months−8% vs prior year
Operator
Burk Royalty Co., Ltd.
County
Andrews County
Field
Shafter Lake (San Andres)
RRC lease
08-46383

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
16,399 mcf
Oil in Jul 2026
2,336 bbl

Production by month

Oil output fell 8% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for UNIVERSITY JV 14, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 38,126 bbl in the 12 months through Jul 2026, against 41,523 bbl in the 12 months before.Last 12 months: 38,126 bblbbl per monthmcf per month001,0005002,0001,0003,0001,5004,0002,0005,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for UNIVERSITY JV 14, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 38,126 bbl in the 12 months through Jul 2026, against 41,523 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005002,0001,0003,0001,5004,0002,0005,0002,500Jan 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 UNIVERSITY JV 14 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 UNIVERSITY JV 14 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% · 16,247 mcf

  • Flared (4)

    0.9% · 152 mcf

0.9% of the gas flared in the last 12 months. 4 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.

6 wells on this lease

Wells on UNIVERSITY JV 14
API numberWell no.Status
42-003-464471HActive
42-003-464482HActive
42-003-468834HActive
42-003-473743HActive
42-003-473758HActive
42-003-484591Active

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 gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Sentinel Transportation, LLCOilGathers100Dec 1, 2020Jun 1, 2023
Pilot Travel Centers LLCOilGathers100Aug 1, 2020Dec 1, 2020
Bridger Transportation, LLCOilGathers100Aug 1, 2015Aug 1, 2020

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

Who buys my oilOil price check

1,726.70 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,726.7 and 1,807.25 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for University JV 14
API numberWell no.Acreson the permit
42-003-4845911,726.70
42-003-473743H1,807.25
42-003-473758H1,807.25
42-003-468834H1,807.25
42-003-464471H1,807.25
42-003-464482H1,807.25

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for UNIVERSITY JV 14
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Burk Royalty2,3362,3821,1671,1670$80.46$2.89
Jun 2026Burk Royalty2,5662,4211,8331,8330$84.81$3.15
May 2026Burk Royalty1,9931,9791,5211,47645$102.13$2.94
Apr 2026Burk Royalty3,5714,1892,0321,928104$100.32$2.77
Mar 2026Burk Royalty3,1222,6571,5451,5450$91.38$3.04
Feb 2026Burk Royalty2,6092,8451,6191,6190$64.51$3.62
Jan 2026Burk Royalty3,4113,0711,5251,5250$60.04$7.72
Dec 2025Burk Royalty3,6403,6041,0031,0030$57.97$4.26
Nov 2025Burk Royalty4,0754,1591,3111,3110$60.06$3.79
Oct 2025Burk Royalty3,6253,7791,5161,5160$60.89$3.19
Sep 2025Burk Royalty3,6283,3431,2611,2592$63.96$2.97
Aug 2025Burk Royalty3,5503,67766651$64.86$2.91
Jul 2025Burk Royalty3,7473,90254504$68.39$3.20
Jun 2025Burk Royalty3,5853,44135350$68.17$3.02
May 2025Burk Royalty3,6243,51739390$62.17$3.12
Apr 2025Burk Royalty3,0292,9431,0631,01944$63.54$3.42
Mar 2025Burk Royalty3,3803,5871,3941,3940$68.24$4.12
Feb 2025Burk Royalty3,5083,5541,6341,6340$71.53$4.19
Jan 2025Burk Royalty3,4773,2941,5631,54815$75.74$4.13
Dec 2024Burk Royalty3,5073,5091,129964165$70.12$3.01
Nov 2024Burk Royalty2,6312,8421,4081,4080$69.95$2.12
Oct 2024Burk Royalty3,6813,6581,8341,8340$71.99$2.20
Sep 2024Burk Royalty3,5063,4861,8431,8430$70.24$2.28
Aug 2024Burk Royalty3,8483,7641,8951,8950$76.68$1.99
Jul 2024Burk Royalty3,4933,5774004000$81.80$2.07
Jun 2024Burk Royalty4,3724,2413813783$79.77$2.54
May 2024Burk Royalty3,8583,7953393390$80.02$2.12
Apr 2024Burk Royalty4,2244,50334340$85.35$1.60
Mar 2024Burk Royalty4,5344,906000$81.28$1.49
Feb 2024Burk Royalty4,6914,0991,1411,1410$77.25$1.72
Jan 2024Burk Royalty4,3624,5471,0711,0710$74.15$3.18
Dec 2023Burk Royalty4,2403,8641,7801,7800$71.90$2.52
Nov 2023Burk Royalty3,5543,9549959950$77.69$2.71
Oct 2023Burk Royalty4,4684,2911,7051,7050$85.64$2.98
Sep 2023Burk Royalty4,5894,7501,4261,4260$89.43$2.64
Aug 2023Burk Royalty4,7074,6687447440$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

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

Burk Royalty Co., Ltd. in Andrews County

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Shafter Lake (San Andres) field

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