UNIVERSITY 18-30

Name: UNIVERSITY 18-30 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 109916District 08Field 73927345NGPA filingCondensateGasSave Export

Value, all time

$8.2 M

Jan 1993 – Aug 2014

Value, last 12 filed months

$964

at the published price for each month

Months reported

260

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	76,444 bbl	$2,798,807
Gas	Production	1,929,528 Mcf	$5,407,903
Total			$8,206,710

780,272 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 31.5590, -103.2763. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.55898, -103.27625 · 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

6,910 ft

1 wells filed one

Completion to plug

30.4 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 6,910 ft.

Completions filed

Mar 1984

1 of 1 wells

Plug dates filed

Aug 2014

1 of 1 wells

Last completion to plug: a median of 30.4 years across the 1 well that filed both dates, with the middle half between 30.4 years and 30.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47533127	2	6,910 ft	Mar 1984	Aug 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 (260)

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

260 months


Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	13	95.94	4.81	$63
Mar 2014	0	30	95.89	5.06	$152
Feb 2014	0	45	97.40	6.19	$279
Jan 2014	0	39	90.40	4.86	$190
Dec 2013	0	62	91.82	4.35	$270
Nov 2013	0	3	88.85	3.74	$11
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	31	1,213	91.60	3.42	$6,988
Dec 2012	0	798	86.77	3.42	$2,729
Nov 2012	0	4,702	86.95	3.62	$17,045
Oct 2012	0	13,881	89.38	3.40	$47,191
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	188	176	92.66	2.91	$17,932
Jul 2012	0	22	85.13	3.02	$66
Jun 2012	0	83	79.82	2.52	$209
May 2012	73	2	91.61	2.49	$6,693
Apr 2012	81	84	101.65	2.00	$8,401
Mar 2012	253	2	105.05	2.22	$26,582
Feb 2012	0	50	101.10	2.57	$129
Jan 2012	188	99	98.09	2.73	$18,712
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	202	90	95.72	3.31	$19,633
Oct 2011	92	122	84.98	3.65	$8,263
Sep 2011	109	101	83.62	3.99	$9,517
Aug 2011	125	341	83.40	4.15	$11,840
Jul 2011	0	214	94.14	4.52	$967
Jun 2011	14	105	92.90	4.64	$1,788
May 2011	1	117	98.13	4.40	$613
Apr 2011	0	138	105.96	4.33	$598
Mar 2011	0	185	96.36	4.06	$751
Feb 2011	0	117	85.64	4.18	$489
Jan 2011	0	202	86.50	4.59	$927
Dec 2010	2	20	85.73	4.35	$258
Nov 2010	2	119	80.84	3.80	$613
Oct 2010	1	150	78.10	3.51	$604
Sep 2010	1	357	72.63	3.98	$1,493
Aug 2010	1	624	73.68	4.42	$2,831
Jul 2010	1	109	72.55	4.74	$589
Jun 2010	1	345	70.36	4.91	$1,764
May 2010	1	243	71.12	4.24	$1,100
Apr 2010	46	73	81.69	4.12	$4,059
Mar 2010	266	649	78.39	4.39	$23,700
Feb 2010	343	793	73.58	5.44	$29,554
Jan 2010	372	1,272	74.36	5.96	$35,248
Dec 2009	377	1,827	71.44	5.48	$36,952
Nov 2009	386	1,527	74.59	3.75	$34,520
Oct 2009	402	2,744	72.54	4.11	$40,440
Sep 2009	487	3,371	65.54	3.06	$42,249
Aug 2009	442	3,706	67.42	3.22	$41,727
Jul 2009	435	3,152	61.13	3.46	$37,512
Jun 2009	448	4,164	66.16	3.90	$45,858
May 2009	473	4,576	54.74	3.93	$43,856
Apr 2009	411	3,236	46.77	3.59	$30,832
Mar 2009	383	4,737	42.14	4.06	$35,367
Feb 2009	392	4,349	32.81	4.63	$33,010
Jan 2009	513	4,916	35.86	5.37	$44,800
Dec 2008	457	4,942	37.10	5.98	$46,494
Nov 2008	448	4,837	55.49	6.86	$58,043
Oct 2008	444	4,943	75.24	6.92	$67,622
Sep 2008	514	3,936	101.76	7.88	$83,309
Aug 2008	523	5,554	114.22	8.48	$106,852
Jul 2008	338	3,127	131.08	11.39	$79,920
Jun 2008	528	5,394	131.33	13.03	$139,640
May 2008	563	5,312	123.17	11.57	$130,827
Apr 2008	463	4,360	110.31	10.45	$96,657
Mar 2008	523	3,512	101.90	9.66	$87,234
Feb 2008	471	4,787	92.53	8.77	$85,566
Jan 2008	284	5,521	90.38	8.21	$70,972
Dec 2007	312	5,863	88.33	7.30	$70,370
Nov 2007	253	5,139	91.67	7.29	$60,665
Oct 2007	260	5,965	82.85	6.92	$62,831
Sep 2007	355	6,885	75.84	6.24	$69,914
Aug 2007	331	5,796	69.06	6.39	$59,883
Jul 2007	455	7,814	70.90	6.39	$82,175
Jun 2007	360	6,694	62.00	7.55	$72,849
May 2007	194	6,048	58.74	7.85	$58,850
Apr 2007	269	5,432	59.61	7.81	$58,433
Mar 2007	267	5,339	56.92	7.30	$54,183
Feb 2007	259	5,913	55.10	8.22	$62,852
Jan 2007	322	6,794	50.30	6.73	$61,899
Dec 2006	270	6,615	56.65	6.92	$61,061
Nov 2006	249	6,067	54.20	7.62	$59,711
Oct 2006	202	6,244	54.90	6.01	$48,640
Sep 2006	236	5,736	60.08	5.04	$43,072
Aug 2006	184	5,138	68.71	7.34	$50,355
Jul 2006	273	5,503	69.37	6.34	$53,842
Jun 2006	203	5,258	66.28	6.38	$47,021
May 2006	338	5,414	66.01	6.42	$57,096
Apr 2006	306	6,444	64.39	7.36	$67,134
Mar 2006	325	5,612	56.70	7.08	$58,177
Feb 2006	343	5,570	57.59	7.75	$62,927
Jan 2006	350	6,490	60.59	8.93	$79,184
Dec 2005	379	5,810	54.94	13.42	$98,766
Nov 2005	399	6,134	54.69	10.59	$86,771
Oct 2005	155	6,549	58.34	13.80	$99,391
Sep 2005	264	7,079	61.45	12.08	$101,730
Aug 2005	422	5,796	61.51	9.80	$82,740
Jul 2005	306	2,423	55.69	7.84	$36,046
Jun 2005	397	5,307	52.33	7.38	$59,946
May 2005	337	5,485	45.22	6.65	$51,721
Apr 2005	351	5,319	49.20	7.36	$56,420
Mar 2005	388	5,493	50.37	7.15	$58,845
Feb 2005	338	5,695	45.22	6.31	$51,231
Jan 2005	242	3,604	43.16	6.32	$33,230
Dec 2004	372	5,573	39.86	6.75	$52,452
Nov 2004	358	516	45.28	6.33	$19,477
Oct 2004	201	5,529	49.70	6.52	$46,012
Sep 2004	191	4,815	43.24	5.28	$33,701
Aug 2004	162	6,282	42.37	5.55	$41,733
Jul 2004	206	11,514	38.28	6.08	$77,939
Jun 2004	296	12,728	36.10	6.43	$92,565
May 2004	290	12,382	37.48	6.49	$91,285
Apr 2004	247	10,979	34.47	5.86	$72,834
Mar 2004	317	12,526	34.36	5.53	$80,163
Feb 2004	373	12,347	32.45	5.51	$80,131
Jan 2004	474	13,014	32.03	6.30	$97,166
Dec 2003	249	8,658	30.26	6.30	$62,094
Nov 2003	340	11,346	28.80	4.60	$61,929
Oct 2003	329	11,958	28.17	4.76	$66,184
Sep 2003	322	12,006	26.31	4.75	$65,493
Aug 2003	335	12,618	29.76	5.13	$74,696
Jul 2003	318	9,606	29.41	5.17	$59,023
Jun 2003	292	8,937	28.56	5.98	$61,809
May 2003	304	8,223	26.59	5.97	$57,197
Apr 2003	312	7,869	26.67	5.41	$50,871
Mar 2003	165	8,109	31.14	6.10	$54,571
Feb 2003	259	7,441	33.48	7.93	$67,648
Jan 2003	306	7,557	30.31	5.58	$51,458
Dec 2002	415	8,006	26.91	4.85	$50,027
Nov 2002	308	7,972	24.66	4.14	$40,575
Oct 2002	284	8,077	26.46	4.23	$41,673
Sep 2002	275	8,040	27.44	3.64	$36,773
Aug 2002	186	8,186	25.96	3.16	$30,730
Jul 2002	284	7,976	24.58	3.06	$31,401
Jun 2002	152	7,307	23.73	3.34	$27,999
May 2002	44	7,444	24.66	3.58	$27,764
Apr 2002	181	7,621	23.65	3.51	$31,048
Mar 2002	322	9,055	22.00	3.10	$35,179
Feb 2002	266	10,393	18.22	2.38	$29,537
Jan 2002	264	11,596	17.17	2.38	$32,081
Dec 2001	254	11,359	16.93	2.36	$31,157
Nov 2001	234	11,116	18.07	2.41	$30,968
Oct 2001	224	14,009	19.78	2.53	$39,858
Sep 2001	234	11,912	24.26	2.25	$32,495
Aug 2001	348	11,905	24.87	3.05	$45,003
Jul 2001	203	9,894	23.93	3.20	$36,490
Jun 2001	288	10,039	24.56	3.82	$45,464
May 2001	360	10,241	25.52	4.31	$53,298
Apr 2001	434	7,594	24.68	5.34	$51,228
Mar 2001	423	3,943	24.54	5.38	$31,580
Feb 2001	301	3,674	27.75	5.77	$29,541
Jan 2001	408	4,893	27.47	8.40	$52,303
Dec 2000	413	3,670	26.88	9.12	$44,581
Nov 2000	413	3,628	32.21	5.66	$33,830
Oct 2000	329	3,444	31.23	5.15	$27,996
Sep 2000	198	2,183	31.87	5.19	$17,632
Aug 2000	234	2,408	29.64	4.54	$17,870
Jul 2000	302	2,461	28.53	4.09	$18,681
Jun 2000	173	2,300	29.30	4.40	$15,183
May 2000	132	3,154	27.26	3.68	$15,204
Apr 2000	166	2,458	24.51	3.12	$11,728
Mar 2000	231	2,753	28.42	2.86	$14,438
Feb 2000	264	2,455	27.62	2.73	$13,985
Jan 2000	437	2,879	25.27	2.48	$18,184
Dec 1999	337	6,704	24.28	2.42	$24,431
Nov 1999	417	10,012	23.19	2.43	$34,039
Oct 1999	284	9,412	20.98	2.80	$32,347
Sep 1999	287	9,248	21.75	2.62	$30,461
Aug 1999	259	9,636	19.26	2.88	$32,698
Jul 1999	227	9,741	17.89	2.37	$27,170
Jun 1999	246	9,648	15.94	2.36	$26,711
May 1999	222	10,274	15.79	2.32	$27,352
Apr 1999	268	10,555	15.10	2.21	$27,353
Mar 1999	196	10,266	12.47	1.84	$21,316
Feb 1999	1	8,867	9.98	1.82	$16,128
Jan 1999	27	8,922	10.38	1.90	$17,232
Dec 1998	189	5,502	9.20	1.77	$11,496
Nov 1998	206	3,278	10.89	2.19	$9,408
Oct 1998	191	3,356	12.42	1.97	$8,981
Sep 1998	121	2,601	12.59	2.08	$6,940
Aug 1998	85	2,071	11.30	1.91	$4,911
Jul 1998	96	5,721	11.74	2.24	$13,926
Jun 1998	286	7,576	11.24	2.24	$20,164
May 1998	390	10,687	12.62	2.21	$28,501
Apr 1998	321	10,018	13.04	2.51	$29,284
Mar 1998	402	10,712	12.80	2.31	$29,884
Feb 1998	386	10,195	13.95	2.30	$28,824
Jan 1998	352	11,735	14.70	2.15	$30,461
Dec 1997	571	11,907	16.32	2.41	$38,028
Nov 1997	287	10,901	18.19	3.09	$38,886
Oct 1997	409	12,178	19.25	3.15	$46,232
Sep 1997	441	12,492	17.74	2.95	$44,736
Aug 1997	378	10,954	17.86	2.55	$34,736
Jul 1997	380	12,538	17.58	2.25	$34,853
Jun 1997	425	13,063	17.24	2.26	$36,813
May 1997	458	13,755	18.97	2.31	$40,442
Apr 1997	468	13,694	17.88	2.08	$36,889
Mar 1997	470	13,991	18.95	1.94	$36,037
Feb 1997	466	10,496	20.49	2.21	$32,701
Jan 1997	432	13,185	23.48	3.54	$56,814
Dec 1996	1,006	12,701	23.32	—	$23,460
Nov 1996	424	12,313	21.97	—	$9,315
Oct 1996	424	13,986	23.31	—	$9,883
Sep 1996	761	13,072	22.22	—	$16,909
Aug 1996	537	14,401	20.26	—	$10,880
Jul 1996	402	14,520	19.55	—	$7,859
Jun 1996	450	14,480	18.73	—	$8,429
May 1996	795	15,233	19.43	—	$15,447
Apr 1996	420	15,109	21.51	—	$9,034
Mar 1996	444	16,099	19.38	—	$8,605
Feb 1996	410	14,706	16.98	—	$6,962
Jan 1996	439	16,599	17.07	—	$7,494
Dec 1995	474	15,871	17.19	—	$8,148
Nov 1995	428	14,925	16.00	—	$6,848
Oct 1995	495	16,197	15.43	—	$7,638
Sep 1995	470	16,449	16.18	—	$7,605
Aug 1995	484	17,119	15.92	—	$7,705
Jul 1995	470	18,002	15.24	—	$7,163
Jun 1995	387	14,183	16.41	—	$6,351
May 1995	437	15,103	17.56	—	$7,674
Apr 1995	422	14,867	17.73	—	$7,482
Mar 1995	472	14,765	16.44	—	$7,760
Feb 1995	474	13,434	16.58	—	$7,859
Jan 1995	599	15,798	15.92	—	$9,536
Dec 1994	550	16,883	15.03	—	$8,267
Nov 1994	487	16,361	15.90	—	$7,743
Oct 1994	497	17,406	15.58	—	$7,743
Sep 1994	504	17,186	15.29	—	$7,706
Aug 1994	485	18,028	16.13	—	$7,823
Jul 1994	518	18,692	17.56	—	$9,096
Jun 1994	461	18,306	17.09	—	$7,878
May 1994	551	19,192	15.88	—	$8,750
Apr 1994	518	18,849	14.14	—	$7,325
Mar 1994	530	18,823	12.46	—	$6,604
Feb 1994	599	17,472	12.50	—	$7,488
Jan 1994	639	19,208	12.66	—	$8,090
Dec 1993	590	19,187	12.33	—	$7,275
Nov 1993	637	19,177	14.49	—	$9,230
Oct 1993	521	20,375	15.85	—	$8,258
Sep 1993	457	20,341	15.03	—	$6,869
Aug 1993	529	20,627	15.66	—	$8,284
Jul 1993	574	21,381	15.46	—	$8,874
Jun 1993	762	18,188	16.79	—	$12,794
May 1993	41	16	17.68	—	$725
Apr 1993	448	8,946	18.05	—	$8,086
Mar 1993	646	19,573	18.14	—	$11,718
Feb 1993	345	16,837	17.90	—	$6,176
Jan 1993	455	19,286	16.93	—	$7,703

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                   13 Mcf  × $  4.81 =        $63

────────────────────────────────────────────────────
Month total                                      $63

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/109916 is the state's own key, not one this site invented.