UNIVERSITY 56 18
UNIVERSITY 56 18 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Highmount Expl & Prod Texas LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 539,000 thousand cubic feet. 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 $352K, with roughly $74K 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 1,084 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,768 thousand cubic feet. 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 UNIVERSITY 56 18
- Who operates UNIVERSITY 56 18?
- UNIVERSITY 56 18 is operated by Highmount Expl & Prod Texas LLC, Railroad Commission of Texas operator number 385842.
- Where is UNIVERSITY 56 18?
- UNIVERSITY 56 18 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 247448.
- Is UNIVERSITY 56 18 still producing?
- UNIVERSITY 56 18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 56 18 is August 2026.
- How much has UNIVERSITY 56 18 produced?
- UNIVERSITY 56 18 has reported 539,000 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 56 18 worth?
- The remaining production from UNIVERSITY 56 18 is estimated to be worth about $352K in total as of 26 August 2026, within a range of $292K to $411K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 56 18 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 56 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 56 18 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 56 18 generate in a year?
- UNIVERSITY 56 18 is forecast to net about $74K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 56 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Highmount Expl & Prod Texas LLC |
|---|---|
| Field | Ozona, Ne. (Canyon 7520) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 247448 |
| Wellbores | 1 |
| Reported production | 539,000 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $352K |
Where UNIVERSITY 56 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.