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 - Sep 2024
Total Oil Production243,930 BBLs
Total Gas Production291,684 MCF
Recent Oil Production1,578 BBLs in Sep 2024
Recent Gas Production1,616 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Olifant University 25 18

ShaleAssessment

$12,394 *

MarketMultiple

$225,298 **

* 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 Sep 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, TX55 BBLs0 MCFSep 2024
Blacktip University 19-26Ward County, TX3,050 BBLs2,061 MCFOct 2024
Chupacabra 51 StateWard County, TX8,304 BBLs8,944 MCFSep 2024
Cimarex UniversityWard County, TX373 BBLs0 MCFSep 2024
FortsonWard County, TX270 BBLs546 MCFSep 2024
Olifant University 38 18Ward County, TX2,470 BBLs3,800 MCFSep 2024
Ul 20Loving County, TX33,971 BBLs39,456 MCFOct 2024
Ul 20 Gold SpoonLoving County, TX37,215 BBLs53,055 MCFOct 2024
Ul 20 Siliver Spoon IWinkler County, TX2,344 BBLs291 MCFOct 2024
Ul 20 Silver SpoonWinkler County, TX20,423 BBLs26,327 MCFOct 2024
Ul 20 Split TailLoving County, TX30,927 BBLs47,848 MCFOct 2024
Ul 20 Stripes 38-47Winkler County, TX11,131 BBLs15,890 MCFSep 2024
Ul 20 TensleepWard County, TX382 BBLs956 MCFOct 2024
Ul 20-44 CatalinaWard County, TX3,109 BBLs5,035 MCFOct 2024
Ul Dino Juice 18-4Ward County, TX137,467 BBLs295,854 MCFSep 2024
Ul Pitchfork B 20-35-26Winkler County, TX791 BBLs957 MCFSep 2024
UniversityWard County, TX257,631 BBLs512,860 MCFOct 2024
Utl War University 2324Ward County, TX49,984 BBLs84,477 MCFOct 2024
War University 18 22/24Ward County, TX45,366 BBLs58,485 MCFOct 2024
Warwink University 18Ward County, TX6,598 BBLs7,764 MCFOct 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 18Oct 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Oct 2024CONOCOPHILLIPS COMPANYU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Oct 2024BP PRODUCTS NORTH AMERICA INC.U.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Oct 2024TARGA NORTH TEXAS LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Sep 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Sep 2024CONOCOPHILLIPS COMPANYU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Sep 2024BP PRODUCTS NORTH AMERICA INC.U.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Sep 2024TARGA NORTH TEXAS LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Aug 2024GUNVOR USA LLCU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Aug 2024CONOCOPHILLIPS COMPANYU.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Aug 2024BP PRODUCTS NORTH AMERICA INC.U.S. ENERGY DEVELOPMENT CORPORATION
08-50044OLIFANT UNIVERSITY 25 18Aug 2024TARGA NORTH TEXAS 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