UNIVERSITY 18-26S
UNIVERSITY 18-26S is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Enron Oil & Gas Company. It has 3 wellbores on file with the Commission. Reported production runs from November 1997 to August 2026, totalling 365,538 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 $871K, with roughly $194K 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 285 barrels a month, about 95 per wellbore. Its strongest month on the record we hold was July 2020, at 557 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 18-26S
- Who operates UNIVERSITY 18-26S?
- UNIVERSITY 18-26S is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is UNIVERSITY 18-26S?
- UNIVERSITY 18-26S is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35569.
- Is UNIVERSITY 18-26S still producing?
- UNIVERSITY 18-26S is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 18-26S is August 2026.
- How much has UNIVERSITY 18-26S produced?
- UNIVERSITY 18-26S has reported 365,538 barrels of oil (bbl) to the Railroad Commission of Texas between November 1997 and August 2026, from 3 wellbores.
- How much is UNIVERSITY 18-26S worth?
- The remaining production from UNIVERSITY 18-26S is estimated to be worth about $871K in total as of 27 August 2026, within a range of $679K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 18-26S is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 18-26S has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 18-26S is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 18-26S generate in a year?
- UNIVERSITY 18-26S is forecast to net about $194K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UNIVERSITY 18-26S receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | War-Wink, W. (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 35569 |
| Wellbores | 3 |
| Reported production | 365,538 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $871K |
Where UNIVERSITY 18-26S 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.