UNIVERSITY 56-18
UNIVERSITY 56-18 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Highmount Expl & Prod Texas LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 244,914 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $71K, with roughly $17K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 448 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 1,114 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about UNIVERSITY 56-18
- Who operates UNIVERSITY 56-18?
- UNIVERSITY 56-18 is operated by Highmount Expl & Prod Texas LLC, Railroad Commission of Texas operator number 385842.
- Where is UNIVERSITY 56-18?
- UNIVERSITY 56-18 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 239713.
- Is UNIVERSITY 56-18 still producing?
- UNIVERSITY 56-18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 56-18 is August 2026.
- How much has UNIVERSITY 56-18 produced?
- UNIVERSITY 56-18 has reported 244,914 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 56-18 worth?
- The remaining production from UNIVERSITY 56-18 is estimated to be worth about $71K in total as of 26 August 2026, within a range of $55K to $86K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 56-18 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 56-18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 56-18 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 56-18 generate in a year?
- UNIVERSITY 56-18 is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 56-18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Highmount Expl & Prod Texas LLC |
|---|---|
| Field | Ozona, Ne. (Canyon 7520) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 239713 |
| Wellbores | 1 |
| Reported production | 244,914 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $71K |
Where UNIVERSITY 56-18 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.