Olifant University 25 18

Oil & Gas Property in Ward County, TX

Property Summary

Key data points for Olifant University 25 18

CountyWard County, TX
OperatorU.S. ENERGY DEVELOPMENT CORP
Production DatesJan 2018 - Aug 2024
Total Oil Production242,352 BBLs
Total Gas Production290,068 MCF
Recent Oil Production1,668 BBLs in Jul 2024
Recent Gas Production1,863 MCF in Jul 2024
Wells on Property1

Our Valuation Estimates for Olifant University 25 18

ShaleAssessment

$12,625 *

MarketMultiple

$220,045 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Olifant University 25 18 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Olifant University 25 18
from Jan 2018 to Aug 2024

Wells on Olifant University 25 18

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-475-37358OLIFANT UNIVERSITY 25 18 1HU.S. ENERGY DEVELOPMENT CORPProducingWard County, TX31.633921-103.308118

Leases included in Olifant University 25 18

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-50044OLIFANT UNIVERSITY 25 18U.S. ENERGY DEVELOPMENT CORPWard County, TX

Nearby Properties

These are the closest 20 properties to the Olifant University 25 18 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ben-MegWard County, TX25,282 BBLs51,789 MCFAug 2024
BenjaminWard County, TX0 BBLs0 MCFMar 2024
Blacktip University 19-26Ward County, TX3,573 BBLs2,131 MCFAug 2024
Chupacabra 51 StateWard County, TX9,660 BBLs12,894 MCFAug 2024
Cimarex UniversityWard County, TX2,157 BBLs4,691 MCFAug 2024
FortsonWard County, TX810 BBLs1,092 MCFJul 2024
Olifant University 38 18Ward County, TX1,866 BBLs3,189 MCFAug 2024
Ul 20Loving County, TX65,137 BBLs86,754 MCFJul 2024
Ul 20 Gold SpoonLoving County, TX46,908 BBLs62,113 MCFJul 2024
Ul 20 Siliver Spoon IWinkler County, TX2,495 BBLs274 MCFJul 2024
Ul 20 Silver SpoonWinkler County, TX20,804 BBLs27,199 MCFJul 2024
Ul 20 Split TailLoving County, TX46,857 BBLs63,945 MCFJul 2024
Ul 20 Stripes 38-47Winkler County, TX11,660 BBLs13,170 MCFAug 2024
Ul 20 TensleepWard County, TX533 BBLs1,549 MCFAug 2024
Ul 20-44 CatalinaWard County, TX1,551 BBLs2,453 MCFAug 2024
Ul Dino Juice 18-4Ward County, TX166,351 BBLs341,625 MCFAug 2024
UniversityWard County, TX305,718 BBLs543,092 MCFAug 2024
Utl War University 2324Ward County, TX61,950 BBLs98,166 MCFAug 2024
War University 18 22/24Ward County, TX48,901 BBLs63,780 MCFAug 2024
Warwink University 18Ward County, TX10,134 BBLs13,590 MCFAug 2024

Owners of Olifant University 25 18

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024UNIVERSITY OF TEXAS PUF LANDSOLIFANT UNIVERSITY 25 18US ENERGY DEV CORP
2024US ENERGY DEVELOPMENT CORPOLIFANT UNIVERSITY 25 18US ENERGY DEV CORP

Oil & Gas Sales on Olifant University 25 18

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-50044OLIFANT UNIVERSITY 25 18Aug 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Jul 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Jul 2024CONOCOPHILLIPS COMPANYU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Jul 2024BP PRODUCTS NORTH AMERICA INC.U.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Jul 2024TARGA NORTH TEXAS LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Jun 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Jun 2024CONOCOPHILLIPS COMPANYU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Jun 2024BP PRODUCTS NORTH AMERICA INC.U.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Jun 2024TARGA NORTH TEXAS LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18May 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18May 2024CONOCOPHILLIPS COMPANYU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18May 2024BP PRODUCTS NORTH AMERICA INC.U.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18May 2024TARGA NORTH TEXAS LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Apr 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Apr 2024BP PRODUCTS NORTH AMERICA INC.U.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Apr 2024TARGA NORTH TEXAS LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Mar 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Mar 2024CONOCOPHILLIPS COMPANYU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Mar 2024BP PRODUCTS NORTH AMERICA INC.U.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Mar 2024TARGA NORTH TEXAS LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Feb 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Feb 2024CONOCOPHILLIPS COMPANYU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Feb 2024BP PRODUCTS NORTH AMERICA INC.U.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Feb 2024TARGA NORTH TEXAS LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Jan 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION