UNIVERSITY "32-18"
UNIVERSITY "32-18" is a Texas oil lease in Ward County, Railroad Commission district 08, operated by RMS Energy, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 290,551 barrels. The lease is shut in. 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 $6K, with roughly $1K 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 42 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was June 2016, at 1,604 barrels.
Key facts about UNIVERSITY "32-18"
- Who operates UNIVERSITY "32-18"?
- UNIVERSITY "32-18" is operated by RMS Energy, Inc., Railroad Commission of Texas operator number 714283.
- Where is UNIVERSITY "32-18"?
- UNIVERSITY "32-18" is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 26570.
- Is UNIVERSITY "32-18" still producing?
- UNIVERSITY "32-18" is shut in. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY "32-18" is August 2026.
- How much has UNIVERSITY "32-18" produced?
- UNIVERSITY "32-18" has reported 290,551 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is UNIVERSITY "32-18" worth?
- The remaining production from UNIVERSITY "32-18" is estimated to be worth about $6K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY "32-18" is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY "32-18" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY "32-18" is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY "32-18" generate in a year?
- UNIVERSITY "32-18" is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY "32-18" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | RMS Energy, Inc. |
|---|---|
| Field | War-Wink, S. (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 26570 |
| Wellbores | 5 |
| Reported production | 290,551 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where UNIVERSITY "32-18" 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.