UNIVERSITY "4"

Name: UNIVERSITY "4" lease production and value, Oct 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SHENANDOAH PETROLEUM CORPORATION (P-5 775563) 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 183365District 08Field 93771200Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$3.1 M

Oct 2000 – Mar 2015

Value, last 12 filed months

$29 k

at the published price for each month

Months reported

174

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	18,661 bbl	$1,033,531
Gas	Production	414,848 Mcf	$2,107,620
Total			$3,141,151

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 30.9648, -102.2596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.96476, -102.25961 · 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

0.0%

0 of 1 wells

Median depth

6,430 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

1100.0%

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.

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 6,430 ft.

Completions filed

Oct 2000

1 of 1 wells

1 well


42-37136660	5	6,430 ft	Oct 2000	—	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 (174)

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

174 months


Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	25	0	43.43	3.10	$1,086
Dec 2014	27	0	54.69	3.59	$1,477
Nov 2014	15	0	70.46	4.25	$1,057
Oct 2014	29	0	78.30	3.90	$2,271
Sep 2014	15	8	86.16	4.05	$1,325
Aug 2014	24	23	89.39	4.04	$2,238
Jul 2014	38	34	96.56	4.18	$3,811
Jun 2014	61	68	98.16	4.74	$6,310
May 2014	0	58	94.73	4.73	$274
Apr 2014	86	85	95.94	4.81	$8,660
Mar 2014	56	67	95.89	5.06	$5,709
Feb 2014	84	64	97.40	6.19	$8,578
Jan 2014	58	67	90.40	4.86	$5,569
Dec 2013	56	63	91.82	4.35	$5,416
Nov 2013	117	94	88.85	3.74	$10,747
Oct 2013	39	81	97.42	3.78	$4,106
Sep 2013	109	97	104.11	3.72	$11,709
Aug 2013	72	101	104.25	3.52	$7,862
Jul 2013	66	78	102.52	3.72	$7,056
Jun 2013	60	65	94.40	3.93	$5,920
May 2013	68	116	94.83	4.15	$6,930
Apr 2013	68	61	93.96	4.28	$6,651
Mar 2013	132	134	93.62	3.91	$12,882
Feb 2013	96	98	91.23	3.42	$9,093
Jan 2013	98	76	91.60	3.42	$9,237
Dec 2012	74	92	86.77	3.42	$6,736
Nov 2012	108	118	86.95	3.62	$9,818
Oct 2012	63	97	89.38	3.40	$5,961
Sep 2012	72	100	94.67	2.92	$7,108
Aug 2012	105	98	92.66	2.91	$10,014
Jul 2012	108	40	85.13	3.02	$9,315
Jun 2012	51	40	79.82	2.52	$4,172
May 2012	82	26	91.61	2.49	$7,577
Apr 2012	44	24	101.65	2.00	$4,521
Mar 2012	127	31	105.05	2.22	$13,410
Feb 2012	78	3,698	101.10	2.57	$17,391
Jan 2012	71	29	98.09	2.73	$7,044
Dec 2011	108	59	96.87	3.24	$10,653
Nov 2011	35	54	95.72	3.31	$3,529
Oct 2011	130	125	84.98	3.65	$11,503
Sep 2011	126	27	83.62	3.99	$10,644
Aug 2011	66	24	83.40	4.15	$5,604
Jul 2011	118	24	94.14	4.52	$11,217
Jun 2011	81	20	92.90	4.64	$7,618
May 2011	42	12	98.13	4.40	$4,174
Apr 2011	111	14	105.96	4.33	$11,822
Mar 2011	159	11	96.36	4.06	$15,366
Feb 2011	0	16	85.64	4.18	$67
Jan 2011	66	27	86.50	4.59	$5,833
Dec 2010	100	31	85.73	4.35	$8,708
Nov 2010	82	29	80.84	3.80	$6,739
Oct 2010	77	6	78.10	3.51	$6,035
Sep 2010	81	88	72.63	3.98	$6,233
Aug 2010	129	88	73.68	4.42	$9,894
Jul 2010	27	1	72.55	4.74	$1,964
Jun 2010	130	4	70.36	4.91	$9,166
May 2010	52	4	71.12	4.24	$3,715
Apr 2010	108	3	81.69	4.12	$8,835
Mar 2010	82	4	78.39	4.39	$6,446
Feb 2010	104	94	73.58	5.44	$8,164
Jan 2010	109	4	74.36	5.96	$8,129
Dec 2009	54	4	71.44	5.48	$3,880
Nov 2009	107	97	74.59	3.75	$8,345
Oct 2009	113	101	72.54	4.11	$8,612
Sep 2009	80	19	65.54	3.06	$5,301
Aug 2009	116	84	67.42	3.22	$8,091
Jul 2009	35	64	61.13	3.46	$2,361
Jun 2009	27	113	66.16	3.90	$2,226
May 2009	127	75	54.74	3.93	$7,246
Apr 2009	74	15	46.77	3.59	$3,515
Mar 2009	107	6	42.14	4.06	$4,533
Feb 2009	99	92	32.81	4.63	$3,674
Jan 2009	136	2	35.86	5.37	$4,888
Dec 2008	143	99	37.10	5.98	$5,897
Nov 2008	27	83	55.49	6.86	$2,068
Oct 2008	128	63	75.24	6.92	$10,067
Sep 2008	49	91	101.76	7.88	$5,703
Aug 2008	26	100	114.22	8.48	$3,818
Jul 2008	94	81	131.08	11.39	$13,244
Jun 2008	120	191	131.33	13.03	$18,249
May 2008	24	213	123.17	11.57	$5,421
Apr 2008	94	343	110.31	10.45	$13,955
Mar 2008	28	369	101.90	9.66	$6,419
Feb 2008	143	417	92.53	8.77	$16,889
Jan 2008	51	29	90.38	8.21	$4,847
Dec 2007	151	235	88.33	7.30	$15,054
Nov 2007	78	114	91.67	7.29	$7,982
Oct 2007	89	38	82.85	6.92	$7,637
Sep 2007	55	159	75.84	6.24	$5,164
Aug 2007	228	162	69.06	6.39	$16,781
Jul 2007	89	171	70.90	6.39	$7,402
Jun 2007	150	101	62.00	7.55	$10,062
May 2007	95	172	58.74	7.85	$6,930
Apr 2007	92	17	59.61	7.81	$5,617
Mar 2007	118	98	56.92	7.30	$7,432
Feb 2007	99	178	55.10	8.22	$6,917
Jan 2007	117	35	50.30	6.73	$6,121
Dec 2006	89	533	56.65	6.92	$8,729
Nov 2006	21	99	54.20	7.62	$1,892
Oct 2006	86	2	54.90	6.01	$4,733
Sep 2006	197	54	60.08	5.04	$12,108
Aug 2006	85	165	68.71	7.34	$7,051
Jul 2006	109	339	69.37	6.34	$9,712
Jun 2006	100	399	66.28	6.38	$9,175
May 2006	95	407	66.01	6.42	$8,886
Apr 2006	250	383	64.39	7.36	$18,917
Mar 2006	83	231	56.70	7.08	$6,342
Feb 2006	216	496	57.59	7.75	$16,284
Jan 2006	251	670	60.59	8.93	$21,193
Dec 2005	86	581	54.94	13.42	$12,519
Nov 2005	201	825	54.69	10.59	$19,728
Oct 2005	225	936	58.34	13.80	$26,039
Sep 2005	0	1,195	61.45	12.08	$14,434
Aug 2005	0	1,189	61.51	9.80	$11,648
Jul 2005	0	1,291	55.69	7.84	$10,126
Jun 2005	226	1,504	52.33	7.38	$22,928
May 2005	152	1,640	45.22	6.65	$17,781
Apr 2005	35	844	49.20	7.36	$7,934
Mar 2005	166	1,307	50.37	7.15	$17,713
Feb 2005	236	2,012	45.22	6.31	$23,372
Jan 2005	92	1,757	43.16	6.32	$15,079
Dec 2004	257	2,809	39.86	6.75	$29,208
Nov 2004	133	3,294	45.28	6.33	$26,875
Oct 2004	180	3,393	49.70	6.52	$31,052
Sep 2004	195	1,386	43.24	5.28	$15,755
Aug 2004	62	0	42.37	5.55	$2,627
Jul 2004	69	1,670	38.28	6.08	$12,802
Jun 2004	71	1,945	36.10	6.43	$15,075
May 2004	67	2,864	37.48	6.49	$21,112
Apr 2004	81	3,479	34.47	5.86	$23,174
Mar 2004	55	1,795	34.36	5.53	$11,816
Feb 2004	156	2,862	32.45	5.51	$20,831
Jan 2004	128	3,208	32.03	6.30	$24,309
Dec 2003	74	3,871	30.26	6.30	$26,633
Nov 2003	293	4,987	28.80	4.60	$31,354
Oct 2003	114	6,628	28.17	4.76	$34,758
Sep 2003	154	7,838	26.31	4.75	$41,277
Aug 2003	239	6,464	29.76	5.13	$40,271
Jul 2003	144	6,825	29.41	5.17	$39,526
Jun 2003	404	5,809	28.56	5.98	$46,293
May 2003	99	3,014	26.59	5.97	$20,634
Apr 2003	156	4,317	26.67	5.41	$27,504
Mar 2003	290	5,369	31.14	6.10	$41,760
Feb 2003	331	4,174	33.48	7.93	$44,165
Jan 2003	203	439	30.31	5.58	$8,603
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	10	27.44	3.64	$36
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	1,631	24.58	3.06	$4,994
Jun 2002	87	10,476	23.73	3.34	$37,036
May 2002	160	16,915	24.66	3.58	$64,569
Apr 2002	231	17,769	23.65	3.51	$67,874
Mar 2002	41	4,578	22.00	3.10	$15,106
Feb 2002	359	15,675	18.22	2.38	$43,780
Jan 2002	964	20,114	17.17	2.38	$64,336
Dec 2001	204	3,018	16.93	2.36	$10,589
Nov 2001	10	8,342	18.07	2.41	$20,248
Oct 2001	58	10,940	19.78	2.53	$28,813
Sep 2001	82	9,587	24.26	2.25	$23,573
Aug 2001	189	9,383	24.87	3.05	$33,348
Jul 2001	105	13,045	23.93	3.20	$44,219
Jun 2001	143	14,871	24.56	3.82	$60,381
May 2001	66	12,279	25.52	4.31	$54,574
Apr 2001	193	12,982	24.68	5.34	$74,026
Mar 2001	155	15,176	24.54	5.38	$85,397
Feb 2001	197	15,994	27.75	5.77	$97,705
Jan 2001	238	26,900	27.47	8.40	$232,465
Dec 2000	37	25,967	26.88	9.12	$237,879
Nov 2000	89	17,152	32.21	5.66	$99,913
Oct 2000	129	13,814	31.23	5.15	$75,109

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.

Jan 2015 — as filed, then multipliedworked

Condensate            25 bbl  × $ 43.43 =     $1,086
Gas                    0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $1,086

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/183365 is the state's own key, not one this site invented.