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OLIFANT UNIVERSITY 38 18

Olifant University 38 18 is an oil lease in Ward County, Texas, operated by U.S. Energy Development Corp in the Phantom (Wolfcamp) field.

1 well

21,321bbl oil, last 12 months−19% vs prior year
Operator
U.S. Energy Development Corp
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-51786

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
27,658 mcf
Oil in Jul 2026
2,032 bbl

Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for OLIFANT UNIVERSITY 38 18, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 21,321 bbl in the 12 months through Jul 2026, against 26,431 bbl in the 12 months before.Last 12 months: 21,321 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for OLIFANT UNIVERSITY 38 18, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 21,321 bbl in the 12 months through Jul 2026, against 26,431 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 5.6% of the gas in Mar 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of OLIFANT UNIVERSITY 38 18 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.6% of the gas in Mar 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of OLIFANT UNIVERSITY 38 18 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.6% of the gas in Mar 2025.Share of gas by disposition code0%50%100%Flared 5.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 27,589 mcf

  • Lease fuel (1)

    0.2% · 51 mcf

  • Flared (4)

    0.1% · 18 mcf

0.1% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on OLIFANT UNIVERSITY 38 18
API numberWell no.Status
42-475-374871HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Scm Ops, LLCOilGathers100Apr 1, 2022–
Scm Ops, LLCCasinghead gasBuys90Apr 1, 2022–
Targa Midstream Services LLCCasinghead gasBuys10Jan 1, 2020–
Scm Ops, LLCCasinghead gasGathers90Apr 1, 2022–
Targa Midstream Services LLCCasinghead gasGathers10Jan 1, 2020–
Arm Midstream Management, LLCCasinghead gasGathers90Jan 1, 2020Apr 1, 2022
Salt Creek Midstream, LLCCasinghead gasBuys90Jan 1, 2020Apr 1, 2022
Noble Midstream Services, LLCOilGathers100Dec 1, 2019Apr 1, 2022
Targa Midstream Services LLCCasinghead gasGathers100Nov 25, 2018Jan 1, 2020
Targa Midstream Services LLCCasinghead gasBuys100Nov 25, 2018Jan 1, 2020
Rio Energy International, Inc.OilGathers50Nov 25, 2018Dec 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

320.35 acres on the newest permit

Check your decimal on this lease
Permits for Olifant University 38 18
API numberWell no.Acreson the permit
42-475-374871H320.35

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for OLIFANT UNIVERSITY 38 18
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,0322,0352,8372,8370$80.46$2.89
Jun 20262,5162,3873,4463,4460$84.81$3.15
May 20262,2192,1592,9562,9560$102.13$2.94
Apr 20261,7731,8582,0252,0250$100.32$2.77
Mar 20262,0802,2612,8092,8090$91.38$3.04
Feb 20261,7521,4602,5982,5980$64.51$3.62
Jan 20261,5191,4651,8181,8180$60.04$7.72
Dec 20251,1951,2531,9651,9650$57.97$4.26
Nov 20251,4601,4391,9941,9940$60.06$3.79
Oct 20251,3981,6411,8581,84018$60.89$3.19
Sep 20251,7561,4992,5552,5050$63.96$2.97
Aug 20251,6211,3677977960$64.86$2.91
Jul 20254627277977960$68.39$3.20
Jun 20252,7802,7114,7364,7330$68.17$3.02
May 20252,5262,5543,7833,7800$62.17$3.12
Apr 20252,1422,1343,7833,7800$63.54$3.42
Mar 20252,3862,3434,3094,064243$68.24$4.12
Feb 20252,1212,0983,6553,523114$71.53$4.19
Jan 20251,8951,9082,6722,6550$75.74$4.13
Dec 20242,5872,5674,1984,1880$70.12$3.01
Nov 20242,4542,4774,2704,2660$69.95$2.12
Oct 20241,9421,8974,5194,5160$71.99$2.20
Sep 20242,4702,4743,8003,7991$70.24$2.28
Aug 20242,6662,6764,5444,5420$76.68$1.99
Jul 20241,8661,8263,1893,1870$81.80$2.07
Jun 20241,2691,2511,8911,8900$79.77$2.54
May 20242,1402,2853,6833,6134$80.02$2.12
Apr 20242,5042,4704,7934,7880$85.35$1.60
Mar 20243,1953,2555,0765,0700$81.28$1.49
Feb 20243,1533,0954,8734,8660$77.25$1.72
Jan 20242,7152,7314,8534,735114$74.15$3.18
Dec 20233,3183,4385,5985,5940$71.90$2.52
Nov 20232,9932,8865,0515,0430$77.69$2.71
Oct 20232,4012,4144,5704,5640$85.64$2.98
Sep 20232,7122,6394,5884,5802$89.43$2.64
Aug 20232,8912,8245,2225,2130$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorU.S. Energy Development CorpFieldPhantom (Wolfcamp)CountyWard County

U.S. Energy Development Corp in Ward County

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