UNIVERSITY 18-12A
UNIVERSITY 18-12A is a Texas oil lease in Ward County, Railroad Commission district 08, operated by WTG Exploration. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 54,335 barrels. The lease is currently producing. 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 $789K, with roughly $176K 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 251 barrels a month. Its strongest month on the record we hold was May 2016, at 756 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 18-12A
- Who operates UNIVERSITY 18-12A?
- UNIVERSITY 18-12A is operated by WTG Exploration, Railroad Commission of Texas operator number 945220.
- Where is UNIVERSITY 18-12A?
- UNIVERSITY 18-12A is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45897.
- Is UNIVERSITY 18-12A still producing?
- UNIVERSITY 18-12A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 18-12A is August 2026.
- How much has UNIVERSITY 18-12A produced?
- UNIVERSITY 18-12A has reported 54,335 barrels of oil (bbl) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 18-12A worth?
- The remaining production from UNIVERSITY 18-12A is estimated to be worth about $789K in total as of 26 August 2026, within a range of $616K to $963K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 18-12A is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 18-12A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 18-12A is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 18-12A generate in a year?
- UNIVERSITY 18-12A is forecast to net about $176K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 18-12A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WTG Exploration |
|---|---|
| Field | Block 17, Southeast (Delaware) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 45897 |
| Wellbores | 1 |
| Reported production | 54,335 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $789K |
Where UNIVERSITY 18-12A 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.