UNIVERSITY 18
UNIVERSITY 18 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Sandridge Expl. And Prod., Llc. It has 4 wellbores on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 5,262 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 $4K, with roughly $835 expected over the next twelve months.
| Operator | Sandridge Expl. And Prod., Llc |
|---|---|
| Field | Martin (Consolidated) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 40320 |
| Wellbores | 4 |
| Reported production | 5,262 bbl |
| First reported | June 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
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.