UNIVERSITY 18-31

Name: UNIVERSITY 18-31 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KERR-MCGEE OIL & GAS ONSHORE LP (P-5 457807) in the QUITO, EAST (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 101145District 08Field 73927345CondensateGasSave Export

Value, all time

$3.2 M

Jan 1993 – Dec 2013

Value, last 12 filed months

at the published price for each month

Months reported

252

no gaps in the span

Streams

condensate, gas

The QUITO, EAST (CHERRY CANYON) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 30 leases and 37 wells, and the rule below applies to all of them.

Discovered

1981-12-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1984-09-10.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED 4/1/95 PER COMPLETED AOF SURVEY”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	17,281 bbl	$693,465
Gas	Production	939,723 Mcf	$2,494,225
Total			$3,187,690

383,511 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.5693, -103.2879. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56929, -103.28790 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,850 ft

1 wells filed one

Completion to plug

31.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,850 ft.

Completions filed

Aug 1982

1 of 1 wells

Plug dates filed

Dec 2013

1 of 1 wells

Last completion to plug: a median of 31.3 years across the 1 well that filed both dates, with the middle half between 31.3 years and 31.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47532553	4	6,850 ft	Aug 1982	Dec 2013	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (252)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

252 months


Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	9	92.90	4.64	$42
May 2011	0	1,007	98.13	4.40	$4,436
Apr 2011	0	961	105.96	4.33	$4,164
Mar 2011	0	961	96.36	4.06	$3,899
Feb 2011	0	834	85.64	4.18	$3,486
Jan 2011	0	1,030	86.50	4.59	$4,726
Dec 2010	0	1,021	85.73	4.35	$4,439
Nov 2010	3	994	80.84	3.80	$4,015
Oct 2010	41	1,053	78.10	3.51	$6,897
Sep 2010	77	2,699	72.63	3.98	$16,333
Aug 2010	80	3,297	73.68	4.42	$20,465
Jul 2010	76	2,665	72.55	4.74	$18,137
Jun 2010	112	2,967	70.36	4.91	$22,449
May 2010	67	1,034	71.12	4.24	$9,144
Apr 2010	69	974	81.69	4.12	$9,652
Mar 2010	50	1,821	78.39	4.39	$11,911
Feb 2010	51	2,069	73.58	5.44	$15,013
Jan 2010	56	2,466	74.36	5.96	$18,872
Dec 2009	57	2,230	71.44	5.48	$16,301
Nov 2009	58	2,402	74.59	3.75	$13,337
Oct 2009	60	2,424	72.54	4.11	$14,316
Sep 2009	73	2,365	65.54	3.06	$12,033
Aug 2009	66	1,783	67.42	3.22	$10,188
Jul 2009	65	2,251	61.13	3.46	$11,772
Jun 2009	67	2,454	66.16	3.90	$13,991
May 2009	71	2,708	54.74	3.93	$14,517
Apr 2009	62	1,997	46.77	3.59	$10,064
Mar 2009	57	1,338	42.14	4.06	$7,833
Feb 2009	59	1,820	32.81	4.63	$10,368
Jan 2009	77	2,045	35.86	5.37	$13,745
Dec 2008	69	2,138	37.10	5.98	$15,339
Nov 2008	67	2,139	55.49	6.86	$18,392
Oct 2008	67	2,345	75.24	6.92	$21,273
Sep 2008	77	2,180	101.76	7.88	$25,008
Aug 2008	78	2,248	114.22	8.48	$27,979
Jul 2008	51	2,287	131.08	11.39	$32,733
Jun 2008	79	2,272	131.33	13.03	$39,985
May 2008	84	2,293	123.17	11.57	$36,886
Apr 2008	70	2,182	110.31	10.45	$30,534
Mar 2008	79	2,342	101.90	9.66	$30,683
Feb 2008	86	2,183	92.53	8.77	$27,104
Jan 2008	172	2,418	90.38	8.21	$35,387
Dec 2007	278	2,529	88.33	7.30	$43,022
Nov 2007	224	2,529	91.67	7.29	$38,975
Oct 2007	211	2,537	82.85	6.92	$35,042
Sep 2007	179	2,508	75.84	6.24	$29,236
Aug 2007	166	2,500	69.06	6.39	$27,434
Jul 2007	228	2,565	70.90	6.39	$32,550
Jun 2007	180	2,524	62.00	7.55	$30,212
May 2007	97	2,776	58.74	7.85	$27,479
Apr 2007	134	2,624	59.61	7.81	$28,469
Mar 2007	133	2,600	56.92	7.30	$26,555
Feb 2007	113	2,602	55.10	8.22	$27,604
Jan 2007	90	3,010	50.30	6.73	$24,775
Dec 2006	96	3,344	56.65	6.92	$28,574
Nov 2006	152	3,493	54.20	7.62	$34,846
Oct 2006	188	1,330	54.90	6.01	$18,320
Sep 2006	143	1,012	60.08	5.04	$13,689
Aug 2006	86	2,255	68.71	7.34	$22,461
Jul 2006	110	2,470	69.37	6.34	$23,297
Jun 2006	73	2,517	66.28	6.38	$20,907
May 2006	96	2,409	66.01	6.42	$21,815
Apr 2006	121	2,473	64.39	7.36	$25,994
Mar 2006	180	2,061	56.70	7.08	$24,804
Feb 2006	144	1,983	57.59	7.75	$23,663
Jan 2006	77	802	60.59	8.93	$11,830
Dec 2005	76	918	54.94	13.42	$16,491
Nov 2005	80	2,092	54.69	10.59	$26,526
Oct 2005	31	2,492	58.34	13.80	$36,188
Sep 2005	51	2,303	61.45	12.08	$30,952
Aug 2005	63	2,328	61.51	9.80	$26,682
Jul 2005	44	2,439	55.69	7.84	$21,581
Jun 2005	57	2,445	52.33	7.38	$21,029
May 2005	48	2,538	45.22	6.65	$19,051
Apr 2005	53	2,497	49.20	7.36	$20,987
Mar 2005	85	2,598	50.37	7.15	$22,870
Feb 2005	86	2,447	45.22	6.31	$19,334
Jan 2005	54	3,128	43.16	6.32	$22,106
Dec 2004	111	2,693	39.86	6.75	$22,605
Nov 2004	99	234	45.28	6.33	$5,964
Oct 2004	60	3,223	49.70	6.52	$23,980
Sep 2004	72	2,774	43.24	5.28	$17,771
Aug 2004	77	2,987	42.37	5.55	$19,842
Jul 2004	71	2,908	38.28	6.08	$20,411
Jun 2004	54	2,940	36.10	6.43	$20,862
May 2004	89	2,888	37.48	6.49	$22,092
Apr 2004	42	2,662	34.47	5.86	$17,043
Mar 2004	57	2,848	34.36	5.53	$17,708
Feb 2004	65	2,722	32.45	5.51	$17,106
Jan 2004	50	3,093	32.03	6.30	$21,086
Dec 2003	45	3,115	30.26	6.30	$20,991
Nov 2003	57	2,847	28.80	4.60	$14,724
Oct 2003	60	3,320	28.17	4.76	$17,492
Sep 2003	90	3,229	26.31	4.75	$17,704
Aug 2003	82	3,056	29.76	5.13	$18,117
Jul 2003	87	3,253	29.41	5.17	$19,379
Jun 2003	79	3,424	28.56	5.98	$22,742
May 2003	89	3,065	26.59	5.97	$20,673
Apr 2003	89	3,464	26.67	5.41	$21,104
Mar 2003	103	3,516	31.14	6.10	$24,641
Feb 2003	72	3,354	33.48	7.93	$28,994
Jan 2003	61	3,526	30.31	5.58	$21,531
Dec 2002	47	3,506	26.91	4.85	$18,282
Nov 2002	53	3,676	24.66	4.14	$16,514
Oct 2002	67	3,768	26.46	4.23	$17,708
Sep 2002	77	3,573	27.44	3.64	$15,101
Aug 2002	41	3,658	25.96	3.16	$12,639
Jul 2002	59	3,554	24.58	3.06	$12,332
Jun 2002	166	2,532	23.73	3.34	$12,392
May 2002	108	3,268	24.66	3.58	$14,376
Apr 2002	89	3,878	23.65	3.51	$15,726
Mar 2002	63	3,887	22.00	3.10	$13,446
Feb 2002	53	3,871	18.22	2.38	$10,162
Jan 2002	121	2,874	17.17	2.38	$8,905
Dec 2001	88	3,360	16.93	2.36	$9,434
Nov 2001	47	3,401	18.07	2.41	$9,030
Oct 2001	49	3,557	19.78	2.53	$9,964
Sep 2001	63	3,731	24.26	2.25	$9,928
Aug 2001	85	3,495	24.87	3.05	$12,785
Jul 2001	36	3,726	23.93	3.20	$12,774
Jun 2001	40	3,211	24.56	3.82	$13,262
May 2001	54	3,819	25.52	4.31	$17,828
Apr 2001	93	3,323	24.68	5.34	$20,025
Mar 2001	260	3,372	24.54	5.38	$24,510
Feb 2001	111	2,978	27.75	5.77	$20,255
Jan 2001	89	3,203	27.47	8.40	$29,346
Dec 2000	105	2,884	26.88	9.12	$29,132
Nov 2000	83	3,549	32.21	5.66	$22,754
Oct 2000	85	3,515	31.23	5.15	$20,741
Sep 2000	88	3,534	31.87	5.19	$21,134
Aug 2000	76	3,557	29.64	4.54	$18,404
Jul 2000	78	3,102	28.53	4.09	$14,912
Jun 2000	62	2,778	29.30	4.40	$14,032
May 2000	46	4,399	27.26	3.68	$17,441
Apr 2000	75	4,206	24.51	3.12	$14,944
Mar 2000	47	4,066	28.42	2.86	$12,963
Feb 2000	64	4,058	27.62	2.73	$12,832
Jan 2000	76	3,767	25.27	2.48	$11,265
Dec 1999	64	4,140	24.28	2.42	$11,588
Nov 1999	38	4,636	23.19	2.43	$12,165
Oct 1999	35	4,688	20.98	2.80	$13,878
Sep 1999	19	4,515	21.75	2.62	$12,237
Aug 1999	63	4,917	19.26	2.88	$15,353
Jul 1999	61	4,856	17.89	2.37	$12,612
Jun 1999	46	4,799	15.94	2.36	$12,069
May 1999	52	4,861	15.79	2.32	$12,104
Apr 1999	49	4,725	15.10	2.21	$11,173
Mar 1999	52	4,824	12.47	1.84	$9,517
Feb 1999	42	3,986	9.98	1.82	$7,665
Jan 1999	32	4,522	10.38	1.90	$8,924
Dec 1998	52	4,579	9.20	1.77	$8,598
Nov 1998	52	4,629	10.89	2.19	$10,684
Oct 1998	45	5,167	12.42	1.97	$10,734
Sep 1998	49	5,069	12.59	2.08	$11,174
Aug 1998	70	5,405	11.30	1.91	$11,100
Jul 1998	50	5,778	11.74	2.24	$13,514
Jun 1998	56	5,736	11.24	2.24	$13,462
May 1998	80	5,952	12.62	2.21	$14,142
Apr 1998	54	5,491	13.04	2.51	$14,461
Mar 1998	62	5,793	12.80	2.31	$14,172
Feb 1998	57	5,009	13.95	2.30	$12,311
Jan 1998	60	5,741	14.70	2.15	$13,253
Dec 1997	69	5,463	16.32	2.41	$14,298
Nov 1997	34	5,860	18.19	3.09	$18,716
Oct 1997	58	5,897	19.25	3.15	$19,691
Sep 1997	56	5,815	17.74	2.95	$18,176
Aug 1997	60	6,116	17.86	2.55	$16,696
Jul 1997	55	6,400	17.58	2.25	$15,347
Jun 1997	51	6,310	17.24	2.26	$15,122
May 1997	56	6,486	18.97	2.31	$16,035
Apr 1997	57	5,289	17.88	2.08	$12,035
Mar 1997	59	6,546	18.95	1.94	$13,812
Feb 1997	64	5,771	20.49	2.21	$14,042
Jan 1997	74	6,280	23.48	3.54	$23,967
Dec 1996	61	6,242	23.32	—	$1,423
Nov 1996	45	6,078	21.97	—	$989
Oct 1996	38	6,728	23.31	—	$886
Sep 1996	57	6,328	22.22	—	$1,267
Aug 1996	60	6,758	20.26	—	$1,216
Jul 1996	62	6,944	19.55	—	$1,212
Jun 1996	66	6,778	18.73	—	$1,236
May 1996	132	7,500	19.43	—	$2,565
Apr 1996	79	7,160	21.51	—	$1,699
Mar 1996	91	7,593	19.38	—	$1,764
Feb 1996	68	6,291	16.98	—	$1,155
Jan 1996	93	7,391	17.07	—	$1,588
Dec 1995	92	7,609	17.19	—	$1,581
Nov 1995	88	8,181	16.00	—	$1,408
Oct 1995	92	8,206	15.43	—	$1,420
Sep 1995	72	5,878	16.18	—	$1,165
Aug 1995	93	8,455	15.92	—	$1,481
Jul 1995	80	8,505	15.24	—	$1,219
Jun 1995	69	7,803	16.41	—	$1,132
May 1995	83	8,405	17.56	—	$1,457
Apr 1995	88	8,385	17.73	—	$1,560
Mar 1995	108	9,113	16.44	—	$1,776
Feb 1995	91	7,952	16.58	—	$1,509
Jan 1995	85	6,815	15.92	—	$1,353
Dec 1994	99	8,983	15.03	—	$1,488
Nov 1994	97	9,079	15.90	—	$1,542
Oct 1994	104	10,324	15.58	—	$1,620
Sep 1994	99	10,496	15.29	—	$1,514
Aug 1994	101	11,599	16.13	—	$1,629
Jul 1994	97	12,260	17.56	—	$1,703
Jun 1994	83	12,061	17.09	—	$1,418
May 1994	119	10,372	15.88	—	$1,890
Apr 1994	97	8,423	14.14	—	$1,372
Mar 1994	105	11,564	12.46	—	$1,308
Feb 1994	102	9,807	12.50	—	$1,275
Jan 1994	106	10,260	12.66	—	$1,342
Dec 1993	89	9,776	12.33	—	$1,097
Nov 1993	102	10,660	14.49	—	$1,478
Oct 1993	85	11,561	15.85	—	$1,347
Sep 1993	82	7,637	15.03	—	$1,232
Aug 1993	47	8,886	15.66	—	$736
Jul 1993	105	12,111	15.46	—	$1,623
Jun 1993	205	7,570	16.79	—	$3,442
May 1993	30	3,637	17.68	—	$530
Apr 1993	91	5,263	18.05	—	$1,643
Mar 1993	3	704	18.14	—	$54
Feb 1993	79	1,848	17.90	—	$1,414
Jan 1993	63	1,532	16.93	—	$1,067

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2011 — as filed, then multipliedworked

Condensate             0 bbl  × $ 92.90 =         $0
Gas                    9 Mcf  × $  4.64 =        $42

────────────────────────────────────────────────────
Month total                                      $42

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/G/101145 is the state's own key, not one this site invented.