UNIVERSITY 5

Name: UNIVERSITY 5 lease production and value, Feb 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TELESIS OPERATING CO., INC. (P-5 841394) in the VIEJOS (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 157746District 08Field 93771200Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$983 k

Feb 1996 – Dec 2013

Value, last 12 filed months

at the published price for each month

Months reported

215

no gaps in the span

Streams

condensate, gas

The VIEJOS (DEVONIAN) 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 29 leases and 48 wells, and the rule below applies to all of them.

Discovered

1990-09-13

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1994-12-05.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “O&G # 08-0210281 TEMP. FD. RULES MADE PERMANENT; INTERVAL EXPAND.”

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	892 bbl	$20,459
Gas	Production	430,464 Mcf	$962,807
Total			$983,266

115,987 Mcf of this lease's gas, across 11 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 30.9645, -102.2749. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.96451, -102.27487 · 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

6,500 ft

1 wells filed one

Completion to plug

18.8 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 6,500 ft.

Completions filed

Apr 1995

1 of 1 wells

Plug dates filed

Jan 2014

1 of 1 wells

Last completion to plug: a median of 18.8 years across the 1 well that filed both dates, with the middle half between 18.8 years and 18.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-37136504	2	6,500 ft	Apr 1995	Jan 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 (215)

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

215 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	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	60	0	34.47	5.86	$2,068
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	189	28.80	4.60	$868
Oct 2003	0	1,474	28.17	4.76	$7,016
Sep 2003	0	1,402	26.31	4.75	$6,659
Aug 2003	0	1,488	29.76	5.13	$7,633
Jul 2003	0	1,484	29.41	5.17	$7,674
Jun 2003	0	1,474	28.56	5.98	$8,819
May 2003	0	1,596	26.59	5.97	$9,532
Apr 2003	0	1,504	26.67	5.41	$8,133
Mar 2003	177	1,637	31.14	6.10	$15,491
Feb 2003	0	1,573	33.48	7.93	$12,467
Jan 2003	0	1,805	30.31	5.58	$10,076
Dec 2002	0	1,668	26.91	4.85	$8,096
Nov 2002	0	1,852	24.66	4.14	$7,662
Oct 2002	0	2,018	26.46	4.23	$8,534
Sep 2002	0	1,810	27.44	3.64	$6,580
Aug 2002	0	2,130	25.96	3.16	$6,740
Jul 2002	0	2,181	24.58	3.06	$6,678
Jun 2002	0	2,044	23.73	3.34	$6,823
May 2002	0	1,814	24.66	3.58	$6,501
Apr 2002	0	1,789	23.65	3.51	$6,284
Mar 2002	0	2,245	22.00	3.10	$6,966
Feb 2002	0	1,776	18.22	2.38	$4,219
Jan 2002	0	2,149	17.17	2.38	$5,105
Dec 2001	0	2,589	16.93	2.36	$6,121
Nov 2001	0	2,440	18.07	2.41	$5,869
Oct 2001	0	2,689	19.78	2.53	$6,800
Sep 2001	0	2,664	24.26	2.25	$5,998
Aug 2001	0	3,359	24.87	3.05	$10,256
Jul 2001	0	3,184	23.93	3.20	$10,180
Jun 2001	0	2,593	24.56	3.82	$9,916
May 2001	0	3,170	25.52	4.31	$13,654
Apr 2001	0	3,652	24.68	5.34	$19,485
Mar 2001	0	3,294	24.54	5.38	$17,710
Feb 2001	0	3,085	27.75	5.77	$17,791
Jan 2001	0	3,615	27.47	8.40	$30,362
Dec 2000	0	3,415	26.88	9.12	$31,153
Nov 2000	0	2,905	32.21	5.66	$16,436
Oct 2000	0	2,539	31.23	5.15	$13,064
Sep 2000	0	2,917	31.87	5.19	$15,129
Aug 2000	0	3,432	29.64	4.54	$15,584
Jul 2000	0	3,382	28.53	4.09	$13,832
Jun 2000	0	3,589	29.30	4.40	$15,782
May 2000	0	3,873	27.26	3.68	$14,252
Apr 2000	0	3,872	24.51	3.12	$12,065
Mar 2000	59	4,171	28.42	2.86	$13,605
Feb 2000	0	4,028	27.62	2.73	$10,982
Jan 2000	0	4,395	25.27	2.48	$10,902
Dec 1999	0	4,641	24.28	2.42	$11,248
Nov 1999	0	4,563	23.19	2.43	$11,106
Oct 1999	0	2,434	20.98	2.80	$6,824
Sep 1999	0	2,668	21.75	2.62	$6,987
Aug 1999	0	4,028	19.26	2.88	$11,583
Jul 1999	0	3,921	17.89	2.37	$9,302
Jun 1999	62	5,451	15.94	2.36	$13,864
May 1999	0	5,886	15.79	2.32	$13,662
Apr 1999	0	6,018	15.10	2.21	$13,288
Mar 1999	0	5,734	12.47	1.84	$10,541
Feb 1999	0	6,173	9.98	1.82	$11,221
Jan 1999	0	6,101	10.38	1.90	$11,592
Dec 1998	0	5,067	9.20	1.77	$8,985
Nov 1998	0	4,785	10.89	2.19	$10,459
Oct 1998	0	4,683	12.42	1.97	$9,222
Sep 1998	0	4,688	12.59	2.08	$9,763
Aug 1998	0	4,767	11.30	1.91	$9,092
Jul 1998	0	4,793	11.74	2.24	$10,723
Jun 1998	0	4,827	11.24	2.24	$10,799
May 1998	0	5,568	12.62	2.21	$12,285
Apr 1998	64	5,610	13.04	2.51	$14,889
Mar 1998	0	5,756	12.80	2.31	$13,293
Feb 1998	0	5,468	13.95	2.30	$12,572
Jan 1998	0	5,893	14.70	2.15	$12,698
Dec 1997	65	5,911	16.32	2.41	$15,313
Nov 1997	0	6,048	18.19	3.09	$18,678
Oct 1997	0	4,872	19.25	3.15	$15,346
Sep 1997	0	5,492	17.74	2.95	$16,228
Aug 1997	0	6,870	17.86	2.55	$17,551
Jul 1997	0	5,056	17.58	2.25	$11,361
Jun 1997	0	6,754	17.24	2.26	$15,245
May 1997	0	7,547	18.97	2.31	$17,422
Apr 1997	61	7,258	17.88	2.08	$16,208
Mar 1997	0	7,905	18.95	1.94	$15,329
Feb 1997	64	6,916	20.49	2.21	$16,567
Jan 1997	0	6,371	23.48	3.54	$22,551
Dec 1996	61	8,452	23.32	—	$1,423
Nov 1996	0	8,889	21.97	—	$0
Oct 1996	51	10,402	23.31	—	$1,189
Sep 1996	0	10,433	22.22	—	$0
Aug 1996	49	8,788	20.26	—	$993
Jul 1996	0	10,866	19.55	—	$0
Jun 1996	0	11,783	18.73	—	$0
May 1996	119	11,221	19.43	—	$2,312
Apr 1996	0	13,346	21.51	—	$0
Mar 1996	0	11,700	19.38	—	$0
Feb 1996	0	10,107	16.98	—	$0

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 2004 — as filed, then multipliedworked

Condensate            60 bbl  × $ 34.47 =     $2,068
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $2,068

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/157746 is the state's own key, not one this site invented.