UNIVERSITY 18-20
UNIVERSITY 18-20 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Burlington Resources Oil&Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from December 1997 to August 2026, totalling 69,948 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $11K, with roughly $2K expected over the next twelve months.
| Operator | Burlington Resources Oil&Gas Co. |
|---|---|
| Field | Poquito (Delaware) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 35701 |
| Wellbores | 1 |
| Reported production | 69,948 bbl |
| First reported | December 1997 |
| Last reported | August 2026 |
| Estimated royalty value | $11K |
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.