UNIVERSITY 18-19
UNIVERSITY 18-19 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Maynard Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from February 2001 to August 2026, totalling 12,500 barrels. The lease is intermittent. 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 $25K, with roughly $4K 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 2 barrels a month. Its strongest month on the record we hold was March 2019, at 130 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 18-19
- Who operates UNIVERSITY 18-19?
- UNIVERSITY 18-19 is operated by Maynard Oil Co., Railroad Commission of Texas operator number 536740.
- Where is UNIVERSITY 18-19?
- UNIVERSITY 18-19 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36605.
- Is UNIVERSITY 18-19 still producing?
- UNIVERSITY 18-19 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 18-19 is August 2026.
- How much has UNIVERSITY 18-19 produced?
- UNIVERSITY 18-19 has reported 12,500 barrels of oil (bbl) to the Railroad Commission of Texas between February 2001 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 18-19 worth?
- The remaining production from UNIVERSITY 18-19 is estimated to be worth about $25K in total as of 27 August 2026, within a range of $0 to $51K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 18-19 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 18-19 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 18-19 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 18-19 generate in a year?
- UNIVERSITY 18-19 is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 18-19 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maynard Oil Co. |
|---|---|
| Field | Rhoda Walker (Canyon 5900) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 36605 |
| Wellbores | 1 |
| Reported production | 12,500 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where UNIVERSITY 18-19 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.