The points were shared after an entertaining League One encounter at the Kassam Stadium.
Julian Darby's side were unable to secure a trip to Manchester United in the next round.
The young Whites were knocked out of the FA Youth Cup after losing 4-1 against a strong Derby side.
Wanderers could extend their lead at the top of the League One table when they head to the Kassam Stadium.
The U's enter the game on the back of a defeat against Cheltenham Town at the weekend.
Wanderers ran riot at the Toughsheet Community Stadium to climb to the top of the League One table.
The Whites are aiming to become the first side to win the competition in back-to-back years.
The wing-back has been a mainstay in the Wanderers side since his summer move from Tranmere.
The Whites are back in League One action this weekend when struggling Exeter head to the Toughsheet Community Stadium.
The Whites could make it eight wins on the bounce in all competitions when they host struggling Exeter.
