UNIVERSITY "47"

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the BLOCK 31 (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169025District 08Field 09358910Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$332 k
Apr 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
338
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 44 leases and 44 wells, and the rule below applies to all of them.

Discovered
1997-05-20
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 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: FOOT LEASE BOUNDARY AND NO BETWEEN WELL SPACING REQUIRED.

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
CondensateDisposition922 bbl$23,511
GasProduction61,407 Mcf$308,228
Total$331,739

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 31.4354, -102.4193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43544, -102.41933 · 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
3,004 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 3,004 ft.

Completions filed
Apr 1998
1 of 1 wells

1 well

42-1033460313,004 ftApr 1998

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 (338)

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

338 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 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
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 20200030.341.86$0
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 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20171650.452.95$68
Jan 201733049.413.42$251
Dec 201633148.763.72$262
Nov 201632942.492.64$204
Oct 201633046.193.09$231
Sep 201633041.553.10$218
Aug 201633341.442.92$221
Jul 201633141.622.92$216
Jun 201632945.352.69$214
May 201632642.521.99$179
Apr 201622936.561.99$131
Mar 201622133.011.79$104
Feb 201632626.472.06$133
Jan 201633327.352.36$160
Dec 201533232.362.00$161
Nov 201532838.792.17$177
Oct 201532943.552.43$201
Sep 201523042.992.76$169
Aug 201504240.162.87$121
Jul 201503648.152.95$106
Jun 201503256.152.88$92
May 201503255.212.96$95
Apr 201503049.822.71$81
Mar 201503242.892.93$94
Feb 201502944.662.98$86
Jan 201503043.433.10$93
Dec 201403154.693.59$111
Nov 201403170.464.25$132
Oct 201403178.303.90$121
Sep 201403086.164.05$121
Aug 201403889.394.04$153
Jul 201403296.564.18$134
Jun 201402998.164.74$137
May 201405494.734.73$255
Apr 201403795.944.81$178
Mar 201403295.895.06$162
Feb 201402997.406.19$180
Jan 201403090.404.86$146
Dec 201303191.824.35$135
Nov 201303088.853.74$112
Oct 201303597.423.78$132
Sep 2013032104.113.72$119
Aug 2013033104.253.52$116
Jul 2013030102.523.72$112
Jun 201303194.403.93$122
May 201303194.834.15$129
Apr 201303093.964.28$128
Mar 201303993.623.91$153
Feb 201303391.233.42$113
Jan 201303691.603.42$123
Dec 201202986.773.42$99
Nov 201202986.953.62$105
Oct 201203689.383.40$122
Sep 201203294.672.92$93
Aug 201203192.662.91$90
Jul 201203485.133.02$103
Jun 201203479.822.52$86
May 201202691.612.49$65
Apr 2012040101.652.00$80
Mar 2012060105.052.22$133
Feb 2012052101.102.57$134
Jan 201207898.092.73$213
Dec 201108096.873.24$259
Nov 201107195.723.31$235
Oct 201105584.983.65$201
Sep 201106683.623.99$263
Aug 201108083.404.15$332
Jul 2011030094.144.52$1,355
Jun 2011032392.904.64$1,499
May 2011047598.134.40$2,092
Apr 20110368105.964.33$1,595
Mar 2011043396.364.06$1,757
Feb 2011055685.644.18$2,324
Jan 2011024786.504.59$1,133
Dec 2010015285.734.35$661
Nov 201006080.843.80$228
Oct 2010031078.103.51$1,088
Sep 2010038572.633.98$1,532
Aug 2010040773.684.42$1,799
Jul 2010042472.554.74$2,008
Jun 2010042270.364.91$2,072
May 2010035471.124.24$1,499
Apr 2010026981.694.12$1,109
Mar 2010019978.394.39$873
Feb 2010028173.585.44$1,529
Jan 2010059174.365.96$3,525
Dec 2009074571.445.48$4,085
Nov 2009070174.593.75$2,630
Oct 2009055172.544.11$2,265
Sep 2009051765.543.06$1,584
Aug 2009039567.423.22$1,271
Jul 2009036061.133.46$1,247
Jun 2009030666.163.90$1,192
May 2009031654.743.93$1,241
Apr 2009030846.773.59$1,105
Mar 2009031942.144.06$1,295
Feb 2009028232.814.63$1,307
Jan 2009031335.865.37$1,681
Dec 2008035437.105.98$2,116
Nov 2008034355.496.86$2,353
Oct 2008036475.246.92$2,520
Sep 2008028101.767.88$221
Aug 2008030114.228.48$254
Jul 2008034131.0811.39$387
Jun 2008028131.3313.03$365
May 2008032123.1711.57$370
Apr 2008031110.3110.45$324
Mar 2008031101.909.66$300
Feb 200803092.538.77$263
Jan 200803290.388.21$263
Dec 200703388.337.30$241
Nov 200702991.677.29$211
Oct 200703082.856.92$208
Sep 20070075.846.24$0
Aug 20070269.066.39$13
Jul 200703170.906.39$198
Jun 200702462.007.55$181
May 2007048058.747.85$3,766
Apr 2007040159.617.81$3,130
Mar 2007065056.927.30$4,746
Feb 2007032955.108.22$2,703
Jan 2007045950.306.73$3,088
Dec 2006043356.656.92$2,996
Nov 200601,90454.207.62$14,504
Oct 2006042454.906.01$2,550
Sep 2006014860.085.04$746
Aug 2006089568.717.34$6,569
Jul 2006081169.376.34$5,144
Jun 2006083766.286.38$5,343
May 2006080766.016.42$5,185
Apr 2006073164.397.36$5,381
Mar 200604456.707.08$312
Feb 2006010057.597.75$775
Jan 2006032160.598.93$2,868
Dec 2005086554.9413.42$11,604
Nov 2005038154.6910.59$4,034
Oct 2005043158.3413.80$5,946
Sep 2005021461.4512.08$2,585
Aug 2005025761.519.80$2,518
Jul 2005025755.697.84$2,016
Jun 2005025052.337.38$1,845
May 2005025545.226.65$1,696
Apr 2005026049.207.36$1,914
Mar 2005028150.377.15$2,011
Feb 2005027345.226.31$1,723
Jan 2005031943.166.32$2,017
Dec 2004030539.866.75$2,059
Nov 2004031245.286.33$1,975
Oct 2004034849.706.52$2,267
Sep 2004034243.245.28$1,807
Aug 2004031642.375.55$1,754
Jul 2004032138.286.08$1,953
Jun 2004030736.106.43$1,975
May 2004035937.486.49$2,332
Apr 2004030734.475.86$1,799
Mar 2004027034.365.53$1,493
Feb 2004025632.455.51$1,410
Jan 2004028732.036.30$1,808
Dec 2003027330.266.30$1,720
Nov 2003027728.804.60$1,273
Oct 2003029528.174.76$1,404
Sep 2003028426.314.75$1,349
Aug 2003030029.765.13$1,539
Jul 2003030829.415.17$1,593
Jun 2003029528.565.98$1,765
May 2003072426.595.97$4,324
Apr 2003033426.675.41$1,806
Mar 2003034931.146.10$2,128
Feb 2003030733.487.93$2,433
Jan 2003035230.315.58$1,965
Dec 2002037426.914.85$1,815
Nov 2002035324.664.14$1,460
Oct 2002037726.464.23$1,594
Sep 2002040327.443.64$1,465
Aug 2002043925.963.16$1,389
Jul 2002043424.583.06$1,329
Jun 2002043723.733.34$1,459
May 2002046624.663.58$1,670
Apr 2002045023.653.51$1,581
Mar 2002046022.003.10$1,427
Feb 2002043518.222.38$1,033
Jan 2002050517.172.38$1,200
Dec 2001051516.932.36$1,218
Nov 2001045118.072.41$1,085
Oct 2001347219.782.53$1,253
Sep 20013045224.262.25$1,745
Aug 20013050724.873.05$2,294
Jul 20012554723.933.20$2,347
Jun 20012651724.563.82$2,616
May 20012854625.524.31$3,066
Apr 20012755124.685.34$3,606
Mar 20012858724.545.38$3,843
Feb 20012555227.755.77$3,877
Jan 20012849727.478.40$4,943
Dec 20003046126.889.12$5,012
Nov 20002836532.215.66$2,967
Oct 20002744631.235.15$3,138
Sep 20002449431.875.19$3,327
Aug 20002552529.644.54$3,125
Jul 20002554828.534.09$2,954
Jun 20002335629.304.40$2,239
May 20002247827.263.68$2,359
Apr 20002354024.513.12$2,246
Mar 20002443328.422.86$1,920
Feb 20002016327.622.73$997
Jan 20002320625.272.48$1,092
Dec 19995121324.282.42$1,755
Nov 19995023023.192.43$1,719
Oct 19995423720.982.80$1,797
Sep 19994421221.752.62$1,512
Aug 19994826419.262.88$1,684
Jul 19994522417.892.37$1,336
Jun 19993751115.942.36$1,797
May 1999067715.792.32$1,571
Apr 1999044415.102.21$980
Mar 1999080412.471.84$1,478
Feb 199907339.981.82$1,332
Jan 199909010.381.90$171
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998052012.592.08$1,083
Aug 1998072511.301.91$1,383
Jul 1998052611.742.24$1,177
Jun 1998095711.242.24$2,141
May 1998050412.622.21$1,112
Apr 19980013.042.51$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.

Feb 2017 — as filed, then multipliedworked
Condensate             1 bbl  × $ 50.45 =        $50
Gas                    6 Mcf  × $  2.95 =        $18

────────────────────────────────────────────────────
Month total                                      $68

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/169025 is the state's own key, not one this site invented.