OLIFANT UNIVERSITY 38 18
OLIFANT UNIVERSITY 38 18 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Olifant Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 531,986 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 $3.1M, with roughly $1.1M 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 1,694 barrels a month. Its strongest month on the record we hold was March 2019, at 28,559 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 OLIFANT UNIVERSITY 38 18
- Who operates OLIFANT UNIVERSITY 38 18?
- OLIFANT UNIVERSITY 38 18 is operated by Olifant Energy LLC, Railroad Commission of Texas operator number 621479.
- Where is OLIFANT UNIVERSITY 38 18?
- OLIFANT UNIVERSITY 38 18 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51786.
- Is OLIFANT UNIVERSITY 38 18 still producing?
- OLIFANT UNIVERSITY 38 18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLIFANT UNIVERSITY 38 18 is August 2026.
- How much has OLIFANT UNIVERSITY 38 18 produced?
- OLIFANT UNIVERSITY 38 18 has reported 531,986 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 1 wellbore.
- How much is OLIFANT UNIVERSITY 38 18 worth?
- The remaining production from OLIFANT UNIVERSITY 38 18 is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.6M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLIFANT UNIVERSITY 38 18 is a fraction of it. The estimate fits an Arps decline curve to the production OLIFANT UNIVERSITY 38 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLIFANT UNIVERSITY 38 18 is an estimate of value, not an offer and not an appraisal.
- How much income does OLIFANT UNIVERSITY 38 18 generate in a year?
- OLIFANT UNIVERSITY 38 18 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OLIFANT UNIVERSITY 38 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Olifant Energy LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 51786 |
| Wellbores | 1 |
| Reported production | 531,986 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where OLIFANT UNIVERSITY 38 18 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.