UNIVERSITY 18-22 B
UNIVERSITY 18-22 B is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Cimarex Energy Co. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 183,408 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 $278K, with roughly $180K 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 508 barrels a month. Its strongest month on the record we hold was March 2017, at 2,528 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 18-22 B
- Who operates UNIVERSITY 18-22 B?
- UNIVERSITY 18-22 B is operated by Cimarex Energy Co., Railroad Commission of Texas operator number 153438.
- Where is UNIVERSITY 18-22 B?
- UNIVERSITY 18-22 B is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45782.
- Is UNIVERSITY 18-22 B still producing?
- UNIVERSITY 18-22 B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 18-22 B is August 2026.
- How much has UNIVERSITY 18-22 B produced?
- UNIVERSITY 18-22 B has reported 183,408 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is UNIVERSITY 18-22 B worth?
- The remaining production from UNIVERSITY 18-22 B is estimated to be worth about $278K in total as of 27 August 2026, within a range of $217K to $340K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 18-22 B is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 18-22 B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 18-22 B is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 18-22 B generate in a year?
- UNIVERSITY 18-22 B is forecast to net about $180K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 18-22 B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 45782 |
| Wellbores | 1 |
| Reported production | 183,408 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $278K |
Where UNIVERSITY 18-22 B 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.