UNIVERSITY 31-18
UNIVERSITY 31-18 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 250,911 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 $15K, with roughly $3K expected over the next twelve months.
| Operator | Energen Resources Corporation |
|---|---|
| Field | Two Georges (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 44971 |
| Wellbores | 2 |
| Reported production | 250,911 bbl |
| First reported | January 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $15K |
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.