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 104521District 08Field 73927345NGPA filingCondensateGasSave Export

Value, all time

$3.0 M

Jan 1993 – Jun 2014

Value, last 12 filed months

$291

at the published price for each month

Months reported

258

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”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	29,253 bbl	$1,041,514
Gas	Production	611,012 Mcf	$1,986,402
Total			$3,027,917

180,710 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 31.5728, -103.2892. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57276, -103.28922 · 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

Feb 1983

1 of 1 wells

Plug dates filed

Jun 2014

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


42-47532765	6	6,850 ft	Feb 1983	Jun 2014	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 (258)

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

258 months


Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	3	95.94	4.81	$14
Mar 2014	0	8	95.89	5.06	$40
Feb 2014	0	12	97.40	6.19	$74
Jan 2014	0	19	90.40	4.86	$92
Dec 2013	0	16	91.82	4.35	$70
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	8	7	91.60	3.42	$757
Dec 2012	0	48	86.77	3.42	$164
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	54	89.38	3.40	$184
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	47	44	92.66	2.91	$4,483
Jul 2012	0	582	85.13	3.02	$1,758
Jun 2012	0	770	79.82	2.52	$1,940
May 2012	18	825	91.61	2.49	$3,702
Apr 2012	20	931	101.65	2.00	$3,892
Mar 2012	63	884	105.05	2.22	$8,582
Feb 2012	0	852	101.10	2.57	$2,190
Jan 2012	47	887	98.09	2.73	$7,035
Dec 2011	0	1,402	96.87	3.24	$4,542
Nov 2011	51	1,347	95.72	3.31	$9,342
Oct 2011	23	1,151	84.98	3.65	$6,154
Sep 2011	27	1,048	83.62	3.99	$6,435
Aug 2011	72	457	83.40	4.15	$7,901
Jul 2011	0	30,050	94.14	4.52	$135,743
Jun 2011	66	8,665	92.90	4.64	$46,336
May 2011	64	14,351	98.13	4.40	$69,494
Apr 2011	30	8,601	105.96	4.33	$40,449
Mar 2011	0	8,835	96.36	4.06	$35,847
Feb 2011	58	3,868	85.64	4.18	$21,135
Jan 2011	39	5,281	86.50	4.59	$27,607
Dec 2010	191	1,781	85.73	4.35	$24,118
Nov 2010	134	721	80.84	3.80	$13,569
Oct 2010	182	782	78.10	3.51	$16,958
Sep 2010	128	817	72.63	3.98	$12,548
Aug 2010	133	736	73.68	4.42	$13,052
Jul 2010	127	779	72.55	4.74	$12,904
Jun 2010	187	889	70.36	4.91	$17,523
May 2010	112	878	71.12	4.24	$11,684
Apr 2010	115	820	81.69	4.12	$12,775
Mar 2010	84	829	78.39	4.39	$10,223
Feb 2010	86	743	73.58	5.44	$10,372
Jan 2010	93	857	74.36	5.96	$12,027
Dec 2009	94	867	71.44	5.48	$11,470
Nov 2009	97	824	74.59	3.75	$10,326
Oct 2009	97	882	72.54	4.11	$10,662
Sep 2009	99	1,023	65.54	3.06	$9,624
Aug 2009	107	1,263	67.42	3.22	$11,279
Jul 2009	109	1,283	61.13	3.46	$11,108
Jun 2009	112	1,450	66.16	3.90	$13,058
May 2009	120	1,503	54.74	3.93	$12,469
Apr 2009	112	1,065	46.77	3.59	$9,059
Mar 2009	96	106	42.14	4.06	$4,476
Feb 2009	98	689	32.81	4.63	$6,408
Jan 2009	128	1,700	35.86	5.37	$13,721
Dec 2008	114	1,272	37.10	5.98	$11,832
Nov 2008	112	1,260	55.49	6.86	$14,859
Oct 2008	111	1,861	75.24	6.92	$21,233
Sep 2008	129	1,646	101.76	7.88	$26,093
Aug 2008	131	1,740	114.22	8.48	$29,723
Jul 2008	85	1,761	131.08	11.39	$31,199
Jun 2008	132	1,986	131.33	13.03	$43,218
May 2008	141	2,010	123.17	11.57	$40,631
Apr 2008	116	1,090	110.31	10.45	$24,192
Mar 2008	132	886	101.90	9.66	$22,013
Feb 2008	134	1,625	92.53	8.77	$26,651
Jan 2008	134	1,349	90.38	8.21	$23,180
Dec 2007	139	827	88.33	7.30	$18,317
Nov 2007	111	870	91.67	7.29	$16,519
Oct 2007	99	961	82.85	6.92	$14,854
Sep 2007	72	541	75.84	6.24	$8,839
Aug 2007	66	374	69.06	6.39	$6,947
Jul 2007	84	255	70.90	6.39	$7,585
Jun 2007	41	309	62.00	7.55	$4,874
May 2007	39	1,905	58.74	7.85	$17,238
Apr 2007	54	1,900	59.61	7.81	$18,049
Mar 2007	53	2,034	56.92	7.30	$17,869
Feb 2007	50	1,856	55.10	8.22	$18,004
Jan 2007	51	2,112	50.30	6.73	$16,772
Dec 2006	29	2,027	56.65	6.92	$15,667
Nov 2006	29	1,981	54.20	7.62	$16,662
Oct 2006	45	2,126	54.90	6.01	$15,256
Sep 2006	78	2,143	60.08	5.04	$15,481
Aug 2006	66	2,367	68.71	7.34	$21,908
Jul 2006	82	2,278	69.37	6.34	$20,137
Jun 2006	80	1,377	66.28	6.38	$14,093
May 2006	100	865	66.01	6.42	$12,159
Apr 2006	104	864	64.39	7.36	$13,056
Mar 2006	205	1,088	56.70	7.08	$19,330
Feb 2006	213	974	57.59	7.75	$19,816
Jan 2006	167	1,129	60.59	8.93	$20,204
Dec 2005	189	1,192	54.94	13.42	$26,375
Nov 2005	199	1,495	54.69	10.59	$26,713
Oct 2005	78	2,154	58.34	13.80	$34,267
Sep 2005	126	2,221	61.45	12.08	$34,570
Aug 2005	132	2,287	61.51	9.80	$30,525
Jul 2005	87	1,667	55.69	7.84	$17,920
Jun 2005	113	2,460	52.33	7.38	$24,071
May 2005	96	1,434	45.22	6.65	$13,879
Apr 2005	101	1,039	49.20	7.36	$12,617
Mar 2005	124	2,040	50.37	7.15	$20,842
Feb 2005	118	1,074	45.22	6.31	$12,115
Jan 2005	144	1,559	43.16	6.32	$16,071
Dec 2004	191	2,260	39.86	6.75	$22,871
Nov 2004	114	1,631	45.28	6.33	$15,487
Oct 2004	142	1,875	49.70	6.52	$19,273
Sep 2004	97	1,021	43.24	5.28	$9,589
Aug 2004	74	1,307	42.37	5.55	$10,390
Jul 2004	82	1,888	38.28	6.08	$14,626
Jun 2004	91	2,361	36.10	6.43	$18,473
May 2004	108	2,538	37.48	6.49	$20,531
Apr 2004	84	2,078	34.47	5.86	$15,069
Mar 2004	120	2,456	34.36	5.53	$17,705
Feb 2004	151	2,245	32.45	5.51	$17,269
Jan 2004	128	2,541	32.03	6.30	$20,107
Dec 2003	119	1,711	30.26	6.30	$14,383
Nov 2003	149	1,913	28.80	4.60	$13,082
Oct 2003	108	2,497	28.17	4.76	$14,927
Sep 2003	108	2,289	26.31	4.75	$13,713
Aug 2003	146	2,407	29.76	5.13	$16,692
Jul 2003	261	2,452	29.41	5.17	$20,355
Jun 2003	238	2,548	28.56	5.98	$22,042
May 2003	217	2,089	26.59	5.97	$18,247
Apr 2003	150	2,303	26.67	5.41	$16,453
Mar 2003	198	2,604	31.14	6.10	$22,040
Feb 2003	94	2,368	33.48	7.93	$21,916
Jan 2003	123	2,525	30.31	5.58	$17,823
Dec 2002	93	2,194	26.91	4.85	$13,152
Nov 2002	127	1,844	24.66	4.14	$10,760
Oct 2002	110	2,062	26.46	4.23	$11,631
Sep 2002	107	2,206	27.44	3.64	$10,955
Aug 2002	161	2,541	25.96	3.16	$12,220
Jul 2002	199	2,651	24.58	3.06	$13,008
Jun 2002	217	2,597	23.73	3.34	$13,819
May 2002	162	2,510	24.66	3.58	$12,991
Apr 2002	175	2,441	23.65	3.51	$12,712
Mar 2002	70	2,374	22.00	3.10	$8,906
Feb 2002	209	2,325	18.22	2.38	$9,331
Jan 2002	128	2,551	17.17	2.38	$8,258
Dec 2001	76	2,445	16.93	2.36	$7,068
Nov 2001	139	4,578	18.07	2.41	$13,524
Oct 2001	104	4,757	19.78	2.53	$14,087
Sep 2001	69	4,184	24.26	2.25	$11,093
Aug 2001	90	3,410	24.87	3.05	$12,650
Jul 2001	151	1,932	23.93	3.20	$9,790
Jun 2001	199	2,531	24.56	3.82	$14,566
May 2001	218	2,789	25.52	4.31	$17,576
Apr 2001	214	2,582	24.68	5.34	$19,057
Mar 2001	132	2,492	24.54	5.38	$16,637
Feb 2001	67	2,152	27.75	5.77	$14,270
Jan 2001	129	2,523	27.47	8.40	$24,734
Dec 2000	112	2,372	26.88	9.12	$24,649
Nov 2000	43	2,308	32.21	5.66	$14,444
Oct 2000	87	2,420	31.23	5.15	$15,169
Sep 2000	88	2,569	31.87	5.19	$16,129
Aug 2000	76	3,582	29.64	4.54	$18,518
Jul 2000	85	3,330	28.53	4.09	$16,044
Jun 2000	102	2,934	29.30	4.40	$15,890
May 2000	69	2,743	27.26	3.68	$11,974
Apr 2000	114	4,256	24.51	3.12	$16,056
Mar 2000	93	4,470	28.42	2.86	$15,426
Feb 2000	112	2,566	27.62	2.73	$10,090
Jan 2000	0	2,278	25.27	2.48	$5,651
Dec 1999	0	2,743	24.28	2.42	$6,648
Nov 1999	0	1,970	23.19	2.43	$4,795
Oct 1999	0	2,384	20.98	2.80	$6,684
Sep 1999	4	2,803	21.75	2.62	$7,428
Aug 1999	162	3,234	19.26	2.88	$12,420
Jul 1999	149	2,525	17.89	2.37	$8,656
Jun 1999	96	1,907	15.94	2.36	$6,035
May 1999	164	2,503	15.79	2.32	$8,399
Apr 1999	178	3,141	15.10	2.21	$9,623
Mar 1999	209	2,771	12.47	1.84	$7,700
Feb 1999	174	2,056	9.98	1.82	$5,474
Jan 1999	222	2,229	10.38	1.90	$6,539
Dec 1998	192	1,942	9.20	1.77	$5,210
Nov 1998	175	2,140	10.89	2.19	$6,583
Oct 1998	148	2,362	12.42	1.97	$6,489
Sep 1998	84	2,256	12.59	2.08	$5,756
Aug 1998	55	2,560	11.30	1.91	$5,504
Jul 1998	153	2,737	11.74	2.24	$7,920
Jun 1998	173	2,621	11.24	2.24	$7,808
May 1998	262	3,037	12.62	2.21	$10,007
Apr 1998	236	2,384	13.04	2.51	$9,050
Mar 1998	239	2,718	12.80	2.31	$9,336
Feb 1998	209	2,192	13.95	2.30	$7,955
Jan 1998	139	2,588	14.70	2.15	$7,620
Dec 1997	110	2,979	16.32	2.41	$8,978
Nov 1997	92	2,619	18.19	3.09	$9,762
Oct 1997	124	2,907	19.25	3.15	$11,544
Sep 1997	178	2,616	17.74	2.95	$10,888
Aug 1997	188	2,818	17.86	2.55	$10,557
Jul 1997	131	2,847	17.58	2.25	$8,700
Jun 1997	184	2,479	17.24	2.26	$8,768
May 1997	219	2,554	18.97	2.31	$10,050
Apr 1997	242	2,797	17.88	2.08	$10,153
Mar 1997	222	2,705	18.95	1.94	$9,452
Feb 1997	175	1,910	20.49	2.21	$7,799
Jan 1997	178	2,306	23.48	3.54	$12,342
Dec 1996	135	2,280	23.32	—	$3,148
Nov 1996	275	2,571	21.97	—	$6,042
Oct 1996	248	2,417	23.31	—	$5,781
Sep 1996	200	2,633	22.22	—	$4,444
Aug 1996	178	3,084	20.26	—	$3,606
Jul 1996	186	3,269	19.55	—	$3,636
Jun 1996	154	2,467	18.73	—	$2,884
May 1996	213	3,153	19.43	—	$4,139
Apr 1996	117	2,879	21.51	—	$2,517
Mar 1996	128	3,049	19.38	—	$2,481
Feb 1996	117	2,834	16.98	—	$1,987
Jan 1996	127	3,124	17.07	—	$2,168
Dec 1995	131	2,883	17.19	—	$2,252
Nov 1995	128	3,227	16.00	—	$2,048
Oct 1995	143	3,265	15.43	—	$2,206
Sep 1995	91	3,330	16.18	—	$1,472
Aug 1995	97	4,094	15.92	—	$1,544
Jul 1995	93	3,928	15.24	—	$1,417
Jun 1995	94	2,744	16.41	—	$1,543
May 1995	209	3,003	17.56	—	$3,670
Apr 1995	191	2,827	17.73	—	$3,386
Mar 1995	205	2,983	16.44	—	$3,370
Feb 1995	187	2,836	16.58	—	$3,100
Jan 1995	393	3,080	15.92	—	$6,257
Dec 1994	193	3,106	15.03	—	$2,901
Nov 1994	92	2,916	15.90	—	$1,463
Oct 1994	138	3,318	15.58	—	$2,150
Sep 1994	132	3,355	15.29	—	$2,018
Aug 1994	152	3,430	16.13	—	$2,452
Jul 1994	165	3,475	17.56	—	$2,897
Jun 1994	136	3,452	17.09	—	$2,324
May 1994	167	3,641	15.88	—	$2,652
Apr 1994	192	3,988	14.14	—	$2,715
Mar 1994	161	3,673	12.46	—	$2,006
Feb 1994	130	3,256	12.50	—	$1,625
Jan 1994	167	4,107	12.66	—	$2,114
Dec 1993	118	2,699	12.33	—	$1,455
Nov 1993	142	4,265	14.49	—	$2,058
Oct 1993	138	5,993	15.85	—	$2,187
Sep 1993	155	5,897	15.03	—	$2,330
Aug 1993	156	5,639	15.66	—	$2,443
Jul 1993	170	7,139	15.46	—	$2,628
Jun 1993	154	4,939	16.79	—	$2,586
May 1993	131	5,348	17.68	—	$2,316
Apr 1993	126	7,332	18.05	—	$2,274
Mar 1993	174	6,676	18.14	—	$3,156
Feb 1993	173	6,184	17.90	—	$3,097
Jan 1993	156	4,922	16.93	—	$2,641

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.

Apr 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 95.94 =         $0
Gas                    3 Mcf  × $  4.81 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/104521 is the state's own key, not one this site invented.