UNIVERSITY "54-18"
UNIVERSITY "54-18" is a Texas gas lease in Schleicher County, Railroad Commission district 7C, operated by Approach Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 8,705 thousand cubic feet. The lease is shut in. 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 $238K, with roughly $45K 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 16 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 445 thousand cubic feet.
Key facts about UNIVERSITY "54-18"
- Who operates UNIVERSITY "54-18"?
- UNIVERSITY "54-18" is operated by Approach Operating LLC, Railroad Commission of Texas operator number 028625.
- Where is UNIVERSITY "54-18"?
- UNIVERSITY "54-18" is a Texas gas lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 281340.
- Is UNIVERSITY "54-18" still producing?
- UNIVERSITY "54-18" is shut in. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY "54-18" is August 2026.
- How much has UNIVERSITY "54-18" produced?
- UNIVERSITY "54-18" has reported 8,705 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2016 and August 2026, from 1 wellbore.
- How much is UNIVERSITY "54-18" worth?
- The remaining production from UNIVERSITY "54-18" is estimated to be worth about $238K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY "54-18" is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY "54-18" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY "54-18" is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY "54-18" generate in a year?
- UNIVERSITY "54-18" is forecast to net about $45K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY "54-18" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Approach Operating LLC |
|---|---|
| Field | Holt Ranch (Consolidated) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 281340 |
| Wellbores | 1 |
| Reported production | 8,705 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $238K |
Where UNIVERSITY "54-18" 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.