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 Production1,621 BBLs in Aug 2024
Recent Gas Production1,792 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Olifant University 25 18

ShaleAssessment

$12,625 *

MarketMultiple

$223,320 **

* 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
BenjaminWard County, TX0 BBLs0 MCFMar 2024
Blacktip University 19-26Ward County, TX4,306 BBLs2,679 MCFSep 2024
Chupacabra 51 StateWard County, TX9,322 BBLs16,192 MCFAug 2024
Cimarex UniversityWard County, TX167 BBLs0 MCFAug 2024
FortsonWard County, TX0 BBLs0 MCFJul 2024
Olifant University 38 18Ward County, TX2,666 BBLs4,544 MCFAug 2024
Ul 20Loving County, TX56,321 BBLs66,315 MCFSep 2024
Ul 20 Gold SpoonLoving County, TX41,867 BBLs56,277 MCFSep 2024
Ul 20 Siliver Spoon IWinkler County, TX2,468 BBLs1,374 MCFSep 2024
Ul 20 Silver SpoonWinkler County, TX20,380 BBLs26,229 MCFSep 2024
Ul 20 Split TailLoving County, TX43,130 BBLs69,485 MCFSep 2024
Ul 20 Stripes 38-47Winkler County, TX7,846 BBLs13,171 MCFAug 2024
Ul 20 TensleepWard County, TX636 BBLs1,407 MCFSep 2024
Ul 20-44 CatalinaWard County, TX2,487 BBLs3,895 MCFSep 2024
Ul Dino Juice 18-4Ward County, TX160,528 BBLs408,116 MCFAug 2024
Ul Pitchfork B 20-35-26Winkler County, TX1,066 BBLs1,211 MCFSep 2024
UniversityWard County, TX304,218 BBLs580,406 MCFSep 2024
Utl War University 2324Ward County, TX56,773 BBLs99,259 MCFSep 2024
War University 18 22/24Ward County, TX50,616 BBLs66,183 MCFSep 2024
Warwink University 18Ward County, TX7,208 BBLs9,769 MCFSep 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