UNIVERSITY 18

Operated by PA PROSPECT LLC (P-5 631641) in the SADDLE BUTTE, W. (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 158558District 08Field 79463210CondensateGasSaveExport
Value, all time
$1.4 M
Apr 1996 – Sep 2011
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
186
no gaps in the span
Streams
2
condensate, gas

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1995-01-18
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 10/01/96.

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.

StreamBasisVolumeValue
CondensateDisposition638 bbl$19,400
GasProduction425,143 Mcf$1,405,279
Total$1,424,680

82,178 Mcf of this lease's gas, across 9 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 31.0026, -102.6071. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.00264, -102.60706 · centre of the wells drawn, derived

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
4,830 ft
1 wells filed one
Completion to plug
15.4 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 4,830 ft.

Completions filed
Apr 1996
1 of 1 wells
Plug dates filed
Sep 2011
1 of 1 wells

Last completion to plug: a median of 15.4 years across the 1 well that filed both dates, with the middle half between 15.4 years and 15.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713658314,830 ftApr 1996Sep 2011Yes

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 (186)

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

186 months

Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010016480.843.80$622
Oct 2010083778.103.51$2,937
Sep 2010034172.633.98$1,357
Aug 201001,01173.684.42$4,468
Jul 2010092672.554.74$4,386
Jun 2010046070.364.91$2,259
May 2010071971.124.24$3,045
Apr 2010081581.694.12$3,360
Mar 2010092178.394.39$4,042
Feb 2010089973.585.44$4,893
Jan 201001,13574.365.96$6,769
Dec 2009050471.445.48$2,764
Nov 2009068874.593.75$2,581
Oct 200901,04472.544.11$4,291
Sep 2009095065.543.06$2,912
Aug 2009082767.423.22$2,662
Jul 2009058161.133.46$2,013
Jun 2009068366.163.90$2,660
May 200901,22554.743.93$4,809
Apr 200901,08046.773.59$3,875
Mar 2009098742.144.06$4,006
Feb 2009059232.814.63$2,743
Jan 2009052235.865.37$2,804
Dec 200801,12637.105.98$6,730
Nov 2008075255.496.86$5,159
Oct 2008093875.246.92$6,493
Sep 200801,172101.767.88$9,232
Aug 200801,268114.228.48$10,756
Jul 20080486131.0811.39$5,535
Jun 200801,109131.3313.03$14,453
May 200801,249123.1711.57$14,456
Apr 20080727110.3110.45$7,601
Mar 200801,243101.909.66$12,012
Feb 2008067192.538.77$5,885
Jan 200802290.388.21$181
Dec 2007094688.337.30$6,908
Nov 2007082191.677.29$5,986
Oct 200701,36382.856.92$9,435
Sep 2007081975.846.24$5,114
Aug 2007099169.066.39$6,330
Jul 2007075770.906.39$4,836
Jun 2007101,09662.007.55$8,893
May 2007098958.747.85$7,760
Apr 200701,38359.617.81$10,795
Mar 200701,89656.927.30$13,845
Feb 2007792,38255.108.22$23,923
Jan 2007090350.306.73$6,074
Dec 2006071856.656.92$4,967
Nov 20060054.207.62$0
Oct 200601,48854.906.01$8,949
Sep 200601,76760.085.04$8,901
Aug 2006081568.717.34$5,982
Jul 2006083569.376.34$5,296
Jun 2006061666.286.38$3,932
May 2006074166.016.42$4,761
Apr 200601,00064.397.36$7,360
Mar 2006095456.707.08$6,757
Feb 2006081057.597.75$6,278
Jan 200601,32460.598.93$11,828
Dec 2005084054.9413.42$11,269
Nov 2005084654.6910.59$8,958
Oct 200505458.3413.80$745
Sep 200501,45761.4512.08$17,599
Aug 200501,47561.519.80$14,450
Jul 200501,31455.697.84$10,307
Jun 2005094652.337.38$6,982
May 2005082845.226.65$5,507
Apr 2005299849.207.36$7,444
Mar 200501,03050.377.15$7,370
Feb 200501,37545.226.31$8,679
Jan 200501,76943.166.32$11,184
Dec 2004078739.866.75$5,313
Nov 2004894845.286.33$6,363
Oct 200401,69949.706.52$11,069
Sep 200401,84343.245.28$9,738
Aug 200401,77142.375.55$9,830
Jul 200401,85838.286.08$11,304
Jun 200401,66836.106.43$10,730
May 200402,27437.486.49$14,769
Apr 200401,31434.475.86$7,698
Mar 200401,79534.365.53$9,927
Feb 200401,90432.455.51$10,490
Jan 200402,84932.036.30$17,948
Dec 200302,89730.266.30$18,256
Nov 200301,77528.804.60$8,156
Oct 200301,88128.174.76$8,953
Sep 200301,94326.314.75$9,228
Aug 200301,21229.765.13$6,217
Jul 200301,69029.415.17$8,739
Jun 200301,89128.565.98$11,314
May 200302,06026.595.97$12,304
Apr 200301,41626.675.41$7,657
Mar 200301,97631.146.10$12,046
Feb 2003093433.487.93$7,403
Jan 200301,16230.315.58$6,486
Dec 200201,84626.914.85$8,960
Nov 200201,99824.664.14$8,266
Oct 200201,46526.464.23$6,196
Sep 200201,98527.443.64$7,216
Aug 200201,27625.963.16$4,037
Jul 200202,53124.583.06$7,749
Jun 200202,69423.733.34$8,993
May 200201,96724.663.58$7,050
Apr 200202,35623.653.51$8,275
Mar 200203,07622.003.10$9,544
Feb 200202,83618.222.38$6,737
Jan 200203,36117.172.38$7,985
Dec 200101,64716.932.36$3,894
Nov 200103,25818.072.41$7,837
Oct 200103,49119.782.53$8,828
Sep 2001098124.262.25$2,209
Aug 200102,96924.873.05$9,065
Jul 200102,43723.933.20$7,791
Jun 200101,91624.563.82$7,327
May 2001162,15225.524.31$9,678
Apr 2001252,17924.685.34$12,243
Mar 2001423,66324.545.38$20,725
Feb 2001402,76527.755.77$17,056
Jan 2001322,56227.478.40$22,397
Dec 2000252,11926.889.12$20,003
Nov 2000322,72232.215.66$16,432
Oct 2000102,67431.235.15$14,071
Sep 2000102,45131.875.19$13,031
Aug 2000122,21229.644.54$10,400
Jul 2000133,84228.534.09$16,084
Jun 2000342,97329.304.40$14,069
May 2000151,42527.263.68$5,653
Apr 2000242,90924.513.12$9,653
Mar 200003,01728.422.86$8,628
Feb 2000152,92227.622.73$8,381
Jan 2000483,64025.272.48$10,242
Dec 1999352,52724.282.42$6,975
Nov 1999212,26123.192.43$5,990
Oct 1999403,09620.982.80$9,519
Sep 1999372,81421.752.62$8,174
Aug 199902,95819.262.88$8,506
Jul 199902,29017.892.37$5,433
Jun 199903,23315.942.36$7,637
May 199902,09215.792.32$4,856
Apr 199902,30615.102.21$5,092
Mar 199903,70212.471.84$6,806
Feb 199903,6659.981.82$6,662
Jan 199903,89710.381.90$7,404
Dec 199809129.201.77$1,617
Nov 199801,12110.892.19$2,450
Oct 199805,58912.421.97$11,006
Sep 199803,69512.592.08$7,695
Aug 199803,00011.301.91$5,722
Jul 199804,01211.742.24$8,976
Jun 199804,39111.242.24$9,824
May 199804,95812.622.21$10,939
Apr 199804,45913.042.51$11,171
Mar 199804,68312.802.31$10,815
Feb 199804,90513.952.30$11,277
Jan 199805,65114.702.15$12,177
Dec 199705,01016.322.41$12,080
Nov 199704,85618.193.09$14,997
Oct 199705,39719.253.15$17,000
Sep 199704,76017.742.95$14,065
Aug 199704,04417.862.55$10,331
Jul 199704,49817.582.25$10,107
Jun 199706,10117.242.26$13,771
May 199705,73918.972.31$13,248
Apr 199705,09017.882.08$10,601
Mar 199705,64918.951.94$10,954
Feb 199704,64820.492.21$10,253
Jan 199706,07223.483.54$21,493
Dec 199606,01723.32$0
Nov 199606,29421.97$0
Oct 199607,03723.31$0
Sep 199607,41022.22$0
Aug 199609,53820.26$0
Jul 1996010,76919.55$0
Jun 199675,10718.73$131
May 1996011,60619.43$0
Apr 1996618,40021.51$129

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.

Nov 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.84 =         $0
Gas                  164 Mcf  × $  3.80 =       $622

────────────────────────────────────────────────────
Month total                                     $622

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/158558 is the state's own key, not one this site invented.