UNIVERSITY 3-14 NE

Operated by REO OPERATING LLC (P-5 701876) in the SHAFTER LAKE (YATES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 166500District 08Field 82570700CondensateGasSaveExport
Value, all time
$119 k
Nov 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
343
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 136 leases and 215 wells, and the rule below applies to all of them.

Discovered
1952-03-16
as the register files it
Field class
Oil and 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: 9/30/97

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
CondensateDisposition97 bbl$1,521
GasProduction28,855 Mcf$117,106
Total$118,627

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 32.3710, -102.6725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37095, -102.67249 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,200 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 3,200 ft.

Completions filed
Nov 1997
1 of 1 wells

1 well

42-0033830193,200 ftNov 1997

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 (343)

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

343 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202105457.805.55$300
Jan 202105050.412.81$141
Dec 202006244.642.68$166
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200130.341.86$2
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190756.272.46$17
Jun 20190752.782.49$17
May 201901758.482.74$47
Apr 2019011962.632.75$327
Mar 2019014156.803.06$432
Feb 2019013250.852.79$369
Jan 2019014746.033.23$475
Dec 2018018946.594.19$791
Nov 2018012652.934.24$534
Oct 2018013761.443.40$466
Sep 2018012159.543.11$376
Aug 2018013459.403.07$411
Jul 2018012565.142.93$366
Jun 2018015260.183.08$468
May 2018017065.382.90$493
Apr 2018017463.842.90$505
Mar 2018018061.222.79$502
Feb 201808161.782.77$224
Jan 201808262.874.01$329
Dec 2017014857.272.92$432
Nov 2017012555.423.12$390
Oct 2017017949.292.98$534
Sep 2017092347.523.09$2,850
Aug 2017020245.373.00$607
Jul 2017011243.873.09$346
Jun 201706942.493.09$213
May 2017011945.373.26$388
Apr 2017011447.933.21$366
Mar 201709146.772.98$272
Feb 201707750.452.95$227
Jan 2017019449.413.42$663
Dec 2016018548.763.72$689
Nov 201606642.492.64$175
Oct 2016010846.193.09$334
Sep 2016013041.553.10$403
Aug 2016017241.442.92$503
Jul 2016019241.622.92$561
Jun 2016017745.352.69$475
May 2016019342.521.99$384
Apr 201607936.561.99$157
Mar 201608333.011.79$149
Feb 2016013126.472.06$270
Jan 2016013727.352.36$324
Dec 201504432.362.00$88
Nov 2015010938.792.17$236
Oct 201507643.552.43$184
Sep 201504642.992.76$127
Aug 201509840.162.87$282
Jul 201507848.152.95$230
Jun 2015010356.152.88$297
May 201508555.212.96$251
Apr 201507249.822.71$195
Mar 201508042.892.93$235
Feb 2015010644.662.98$315
Jan 201508443.433.10$260
Dec 201405854.693.59$208
Nov 201409470.464.25$400
Oct 201403978.303.90$152
Sep 201407386.164.05$295
Aug 201406489.394.04$258
Jul 201407596.564.18$313
Jun 201406498.164.74$303
May 201405594.734.73$260
Apr 201404795.944.81$226
Mar 201407695.895.06$384
Feb 20140697.406.19$37
Jan 201405890.404.86$282
Dec 201304491.824.35$192
Nov 201305688.853.74$209
Oct 201304397.423.78$163
Sep 2013065104.113.72$242
Aug 2013057104.253.52$201
Jul 2013058102.523.72$216
Jun 201304694.403.93$181
May 201304694.834.15$191
Apr 201307493.964.28$317
Mar 201308893.623.91$344
Feb 201304891.233.42$164
Jan 201309091.603.42$308
Dec 201208686.773.42$294
Nov 2012012586.953.62$453
Oct 2012011989.383.40$405
Sep 2012011794.672.92$341
Aug 201209492.662.91$273
Jul 201208685.133.02$260
Jun 201208079.822.52$202
May 2012011691.612.49$289
Apr 20120724101.652.00$1,446
Mar 20120111105.052.22$247
Feb 2012072101.102.57$185
Jan 201209798.092.73$265
Dec 2011015696.873.24$505
Nov 201103495.723.31$113
Oct 201106084.983.65$219
Sep 201106683.623.99$263
Aug 201108883.404.15$365
Jul 201107194.144.52$321
Jun 2011011992.904.64$552
May 201109398.134.40$410
Apr 2011096105.964.33$416
Mar 201105596.364.06$223
Feb 2011011785.644.18$489
Jan 201105986.504.59$271
Dec 201006485.734.35$278
Nov 201009380.843.80$353
Oct 2010011078.103.51$386
Sep 201009872.633.98$390
Aug 201006873.684.42$301
Jul 201008472.554.74$398
Jun 2010010970.364.91$535
May 2010012071.124.24$508
Apr 2010013081.694.12$536
Mar 201008978.394.39$391
Feb 201009973.585.44$539
Jan 201007974.365.96$471
Dec 2009010271.445.48$559
Nov 200909774.593.75$364
Oct 200905972.544.11$243
Sep 2009012665.543.06$386
Aug 2009012167.423.22$389
Jul 2009011661.133.46$402
Jun 2009012466.163.90$483
May 2009011954.743.93$467
Apr 200908146.773.59$291
Mar 200907942.144.06$321
Feb 200907132.814.63$329
Jan 200908935.865.37$478
Dec 2008011737.105.98$699
Nov 200804855.496.86$329
Oct 200808275.246.92$568
Sep 2008067101.767.88$528
Aug 2008076114.228.48$645
Jul 2008077131.0811.39$877
Jun 2008061131.3313.03$795
May 20080150123.1711.57$1,736
Apr 20080116110.3110.45$1,213
Mar 20080141101.909.66$1,363
Feb 200802492.538.77$210
Jan 200801990.388.21$156
Dec 200707688.337.30$555
Nov 200707691.677.29$554
Oct 2007014882.856.92$1,024
Sep 200708775.846.24$543
Aug 200708069.066.39$511
Jul 200707970.906.39$505
Jun 200709662.007.55$725
May 200702458.747.85$188
Apr 2007013659.617.81$1,062
Mar 200707556.927.30$548
Feb 200704555.108.22$370
Jan 200706750.306.73$451
Dec 2006011756.656.92$809
Nov 200606054.207.62$457
Oct 200606254.906.01$373
Sep 200608460.085.04$423
Aug 200604668.717.34$338
Jul 200606969.376.34$438
Jun 2006011766.286.38$747
May 200607166.016.42$456
Apr 200607264.397.36$530
Mar 200607456.707.08$524
Feb 200605957.597.75$457
Jan 200608860.598.93$786
Dec 200506254.9413.42$832
Nov 200508954.6910.59$942
Oct 200505758.3413.80$786
Sep 200507061.4512.08$846
Aug 200508461.519.80$823
Jul 200509455.697.84$737
Jun 200508752.337.38$642
May 200503045.226.65$200
Apr 200507449.207.36$545
Mar 200509450.377.15$673
Feb 200509345.226.31$587
Jan 2005014843.166.32$936
Dec 2004010039.866.75$675
Nov 200405345.286.33$336
Oct 2004010049.706.52$652
Sep 200407043.245.28$370
Aug 2004010142.375.55$561
Jul 200408838.286.08$535
Jun 200407636.106.43$489
May 200408037.486.49$520
Apr 200409334.475.86$545
Mar 2004010334.365.53$570
Feb 200408032.455.51$441
Jan 200407832.036.30$491
Dec 200306530.266.30$410
Nov 200307828.804.60$358
Oct 200307328.174.76$347
Sep 200307326.314.75$347
Aug 200305929.765.13$303
Jul 200309729.415.17$502
Jun 200307728.565.98$461
May 200307326.595.97$436
Apr 200305926.675.41$319
Mar 200307331.146.10$445
Feb 200306133.487.93$483
Jan 200307230.315.58$402
Dec 200208426.914.85$408
Nov 200209724.664.14$401
Oct 200209526.464.23$402
Sep 200209727.443.64$353
Aug 2002010625.963.16$335
Jul 200208424.583.06$257
Jun 200206723.733.34$224
May 200208424.663.58$301
Apr 2002011423.653.51$400
Mar 200209822.003.10$304
Feb 200209318.222.38$221
Jan 2002010917.172.38$259
Dec 2001010716.932.36$253
Nov 2001011018.072.41$265
Oct 2001011019.782.53$278
Sep 2001012424.262.25$279
Aug 2001011924.873.05$363
Jul 2001011023.933.20$352
Jun 2001011024.563.82$421
May 2001011225.524.31$482
Apr 2001013024.685.34$694
Mar 2001012124.545.38$651
Feb 200109927.755.77$571
Jan 2001011227.478.40$941
Dec 2000010326.889.12$940
Nov 2000015732.215.66$888
Oct 2000012831.235.15$659
Sep 2000013531.875.19$700
Aug 2000014429.644.54$654
Jul 2000012228.534.09$499
Jun 2000013029.304.40$572
May 2000012227.263.68$449
Apr 2000018424.513.12$573
Mar 2000017628.422.86$503
Feb 2000013527.622.73$368
Jan 2000010425.272.48$258
Dec 199907724.282.42$187
Nov 1999011423.192.43$277
Oct 1999016120.982.80$451
Sep 19994120321.752.62$1,423
Aug 1999016719.262.88$480
Jul 1999015217.892.37$361
Jun 1999013115.942.36$309
May 1999017915.792.32$415
Apr 1999017915.102.21$395
Mar 1999019112.471.84$351
Feb 199901599.981.82$289
Jan 1999015910.381.90$302
Dec 199801829.201.77$323
Nov 1998023810.892.19$520
Oct 1998019012.421.97$374
Sep 1998016212.592.08$337
Aug 1998010911.301.91$208
Jul 199808511.742.24$190
Jun 1998563711.242.24$712
May 19980812.622.21$18
Apr 199802313.042.51$58
Mar 1998013112.802.31$303
Feb 199802013.952.30$46
Jan 19980014.702.15$0
Dec 199701,16816.322.41$2,816
Nov 1997076118.193.09$2,350

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.

Feb 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.80 =         $0
Gas                   54 Mcf  × $  5.55 =       $300

────────────────────────────────────────────────────
Month total                                     $300

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/166500 is the state's own key, not one this site invented.