WAR UNIVERSITY 18 22/24 C
WAR UNIVERSITY 18 22/24 C is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 713,398 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 $35.3M, with roughly $8.8M 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 13,206 barrels a month. Its strongest month on the record we hold was April 2023, at 47,543 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 WAR UNIVERSITY 18 22/24 C
- Who operates WAR UNIVERSITY 18 22/24 C?
- WAR UNIVERSITY 18 22/24 C is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is WAR UNIVERSITY 18 22/24 C?
- WAR UNIVERSITY 18 22/24 C is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54856.
- Is WAR UNIVERSITY 18 22/24 C still producing?
- WAR UNIVERSITY 18 22/24 C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAR UNIVERSITY 18 22/24 C is August 2026.
- How much has WAR UNIVERSITY 18 22/24 C produced?
- WAR UNIVERSITY 18 22/24 C has reported 713,398 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is WAR UNIVERSITY 18 22/24 C worth?
- The remaining production from WAR UNIVERSITY 18 22/24 C is estimated to be worth about $35.3M in total as of 26 August 2026, within a range of $28.9M to $41.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAR UNIVERSITY 18 22/24 C is a fraction of it. The estimate fits an Arps decline curve to the production WAR UNIVERSITY 18 22/24 C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAR UNIVERSITY 18 22/24 C is an estimate of value, not an offer and not an appraisal.
- How much income does WAR UNIVERSITY 18 22/24 C generate in a year?
- WAR UNIVERSITY 18 22/24 C is forecast to net about $8.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAR UNIVERSITY 18 22/24 C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 54856 |
| Wellbores | 1 |
| Reported production | 713,398 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $35.3M |
Where WAR UNIVERSITY 18 22/24 C 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.