WARD 18CC
WARD 18CC is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 465,293 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 $2.2M, with roughly $1.0M 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 2,498 barrels a month, about 1,249 per wellbore. Its strongest month on the record we hold was March 2022, at 7,603 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 WARD 18CC
- Who operates WARD 18CC?
- WARD 18CC is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is WARD 18CC?
- WARD 18CC is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47311.
- Is WARD 18CC still producing?
- WARD 18CC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARD 18CC is August 2026.
- How much has WARD 18CC produced?
- WARD 18CC has reported 465,293 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 2 wellbores.
- How much is WARD 18CC worth?
- The remaining production from WARD 18CC is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.8M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARD 18CC is a fraction of it. The estimate fits an Arps decline curve to the production WARD 18CC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARD 18CC is an estimate of value, not an offer and not an appraisal.
- How much income does WARD 18CC generate in a year?
- WARD 18CC is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WARD 18CC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 47311 |
| Wellbores | 2 |
| Reported production | 465,293 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where WARD 18CC 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.