UNIVERSITY 14-12

Name: UNIVERSITY 14-12 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LZB ENERGY, LLC (P-5 517668) 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 20791District 08Field 82570700GasSave Export

Value, all time

$361 k

Jan 1993 – Jul 2020

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

331

no gaps in the span

Streams

gas

The SHAFTER LAKE (YATES) 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 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.

Stream	Basis	Volume	Value
Gas	Production	125,457 Mcf	$361,383
Total			$361,383

42,243 Mcf of this lease's gas, across 45 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 32.3431, -102.6805. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34312, -102.68047 · 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

3,054 ft

1 wells filed one

Completion to plug

69.0 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 3,054 ft.

Completions filed

Jul 1951

1 of 1 wells

Plug dates filed

Jul 2020

1 of 1 wells

Last completion to plug: a median of 69.0 years across the 1 well that filed both dates, with the middle half between 69.0 years and 69.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00300885	1	3,054 ft	Jul 1951	Jul 2020	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 (331)

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

331 months


Jul 2020	0	38.37	1.83	$0
Jun 2020	75	34.90	1.69	$127
May 2020	47	16.92	1.81	$85
Apr 2020	56	14.75	1.80	$101
Mar 2020	31	30.34	1.86	$58
Feb 2020	81	49.88	1.98	$160
Jan 2020	94	57.25	2.09	$197
Dec 2019	87	59.01	2.30	$200
Nov 2019	91	55.30	2.75	$250
Oct 2019	93	53.47	2.42	$225
Sep 2019	133	55.05	2.66	$353
Aug 2019	45	53.11	2.30	$104
Jul 2019	104	56.27	2.46	$256
Jun 2019	152	52.78	2.49	$379
May 2019	185	58.48	2.74	$507
Apr 2019	91	62.63	2.75	$250
Mar 2019	96	56.80	3.06	$294
Feb 2019	130	50.85	2.79	$363
Jan 2019	69	46.03	3.23	$223
Dec 2018	150	46.59	4.19	$628
Nov 2018	96	52.93	4.24	$407
Oct 2018	61	61.44	3.40	$207
Sep 2018	42	59.54	3.11	$131
Aug 2018	68	59.40	3.07	$209
Jul 2018	98	65.14	2.93	$287
Jun 2018	140	60.18	3.08	$431
May 2018	131	65.38	2.90	$380
Apr 2018	73	63.84	2.90	$212
Mar 2018	73	61.22	2.79	$203
Feb 2018	103	61.78	2.77	$285
Jan 2018	113	62.87	4.01	$453
Dec 2017	100	57.27	2.92	$292
Nov 2017	70	55.42	3.12	$218
Oct 2017	57	49.29	2.98	$170
Sep 2017	43	47.52	3.09	$133
Aug 2017	56	45.37	3.00	$168
Jul 2017	8	43.87	3.09	$25
Jun 2017	68	42.49	3.09	$210
May 2017	29	45.37	3.26	$95
Apr 2017	26	47.93	3.21	$84
Mar 2017	25	46.77	2.98	$75
Feb 2017	27	50.45	2.95	$80
Jan 2017	41	49.41	3.42	$140
Dec 2016	64	48.76	3.72	$238
Nov 2016	40	42.49	2.64	$106
Oct 2016	52	46.19	3.09	$161
Sep 2016	59	41.55	3.10	$183
Aug 2016	23	41.44	2.92	$67
Jul 2016	56	41.62	2.92	$164
Jun 2016	40	45.35	2.69	$107
May 2016	68	42.52	1.99	$135
Apr 2016	12	36.56	1.99	$24
Mar 2016	5	33.01	1.79	$9
Feb 2016	67	26.47	2.06	$138
Jan 2016	67	27.35	2.36	$158
Dec 2015	103	32.36	2.00	$206
Nov 2015	92	38.79	2.17	$199
Oct 2015	123	43.55	2.43	$298
Sep 2015	140	42.99	2.76	$386
Aug 2015	138	40.16	2.87	$396
Jul 2015	132	48.15	2.95	$389
Jun 2015	80	56.15	2.88	$231
May 2015	106	55.21	2.96	$313
Apr 2015	153	49.82	2.71	$414
Mar 2015	105	42.89	2.93	$308
Feb 2015	87	44.66	2.98	$259
Jan 2015	59	43.43	3.10	$183
Dec 2014	42	54.69	3.59	$151
Nov 2014	23	70.46	4.25	$98
Oct 2014	34	78.30	3.90	$133
Sep 2014	27	86.16	4.05	$109
Aug 2014	3	89.39	4.04	$12
Jul 2014	23	96.56	4.18	$96
Jun 2014	19	98.16	4.74	$90
May 2014	37	94.73	4.73	$175
Apr 2014	25	95.94	4.81	$120
Mar 2014	34	95.89	5.06	$172
Feb 2014	20	97.40	6.19	$124
Jan 2014	36	90.40	4.86	$175
Dec 2013	43	91.82	4.35	$187
Nov 2013	18	88.85	3.74	$67
Oct 2013	32	97.42	3.78	$121
Sep 2013	35	104.11	3.72	$130
Aug 2013	31	104.25	3.52	$109
Jul 2013	55	102.52	3.72	$204
Jun 2013	68	94.40	3.93	$267
May 2013	64	94.83	4.15	$266
Apr 2013	16	93.96	4.28	$69
Mar 2013	55	93.62	3.91	$215
Feb 2013	84	91.23	3.42	$287
Jan 2013	77	91.60	3.42	$263
Dec 2012	100	86.77	3.42	$342
Nov 2012	155	86.95	3.62	$562
Oct 2012	148	89.38	3.40	$503
Sep 2012	23	94.67	2.92	$67
Aug 2012	38	92.66	2.91	$111
Jul 2012	98	85.13	3.02	$296
Jun 2012	120	79.82	2.52	$302
May 2012	78	91.61	2.49	$194
Apr 2012	56	101.65	2.00	$112
Mar 2012	103	105.05	2.22	$229
Feb 2012	15	101.10	2.57	$39
Jan 2012	60	98.09	2.73	$164
Dec 2011	132	96.87	3.24	$428
Nov 2011	19	95.72	3.31	$63
Oct 2011	15	84.98	3.65	$55
Sep 2011	23	83.62	3.99	$92
Aug 2011	20	83.40	4.15	$83
Jul 2011	153	94.14	4.52	$691
Jun 2011	142	92.90	4.64	$659
May 2011	141	98.13	4.40	$621
Apr 2011	146	105.96	4.33	$633
Mar 2011	245	96.36	4.06	$994
Feb 2011	56	85.64	4.18	$234
Jan 2011	318	86.50	4.59	$1,459
Dec 2010	306	85.73	4.35	$1,330
Nov 2010	258	80.84	3.80	$979
Oct 2010	278	78.10	3.51	$975
Sep 2010	252	72.63	3.98	$1,003
Aug 2010	285	73.68	4.42	$1,260
Jul 2010	224	72.55	4.74	$1,061
Jun 2010	258	70.36	4.91	$1,267
May 2010	283	71.12	4.24	$1,199
Apr 2010	294	81.69	4.12	$1,212
Mar 2010	318	78.39	4.39	$1,396
Feb 2010	260	73.58	5.44	$1,415
Jan 2010	287	74.36	5.96	$1,712
Dec 2009	270	71.44	5.48	$1,481
Nov 2009	272	74.59	3.75	$1,020
Oct 2009	97	72.54	4.11	$399
Sep 2009	87	65.54	3.06	$267
Aug 2009	119	67.42	3.22	$383
Jul 2009	83	61.13	3.46	$288
Jun 2009	238	66.16	3.90	$927
May 2009	246	54.74	3.93	$966
Apr 2009	269	46.77	3.59	$965
Mar 2009	228	42.14	4.06	$925
Feb 2009	269	32.81	4.63	$1,246
Jan 2009	267	35.86	5.37	$1,434
Dec 2008	0	37.10	5.98	$0
Nov 2008	201	55.49	6.86	$1,379
Oct 2008	98	75.24	6.92	$678
Sep 2008	33	101.76	7.88	$260
Aug 2008	183	114.22	8.48	$1,552
Jul 2008	298	131.08	11.39	$3,394
Jun 2008	287	131.33	13.03	$3,740
May 2008	348	123.17	11.57	$4,028
Apr 2008	306	110.31	10.45	$3,199
Mar 2008	371	101.90	9.66	$3,585
Feb 2008	259	92.53	8.77	$2,272
Jan 2008	293	90.38	8.21	$2,404
Dec 2007	341	88.33	7.30	$2,490
Nov 2007	270	91.67	7.29	$1,969
Oct 2007	304	82.85	6.92	$2,104
Sep 2007	310	75.84	6.24	$1,936
Aug 2007	255	69.06	6.39	$1,629
Jul 2007	300	70.90	6.39	$1,916
Jun 2007	361	62.00	7.55	$2,725
May 2007	300	58.74	7.85	$2,354
Apr 2007	295	59.61	7.81	$2,303
Mar 2007	333	56.92	7.30	$2,432
Feb 2007	288	55.10	8.22	$2,366
Jan 2007	341	50.30	6.73	$2,294
Dec 2006	394	56.65	6.92	$2,726
Nov 2006	382	54.20	7.62	$2,910
Oct 2006	257	54.90	6.01	$1,546
Sep 2006	341	60.08	5.04	$1,718
Aug 2006	326	68.71	7.34	$2,393
Jul 2006	408	69.37	6.34	$2,588
Jun 2006	274	66.28	6.38	$1,749
May 2006	322	66.01	6.42	$2,069
Apr 2006	354	64.39	7.36	$2,606
Mar 2006	395	56.70	7.08	$2,798
Feb 2006	350	57.59	7.75	$2,713
Jan 2006	441	60.59	8.93	$3,940
Dec 2005	460	54.94	13.42	$6,171
Nov 2005	426	54.69	10.59	$4,511
Oct 2005	245	58.34	13.80	$3,380
Sep 2005	310	61.45	12.08	$3,744
Aug 2005	388	61.51	9.80	$3,801
Jul 2005	306	55.69	7.84	$2,400
Jun 2005	223	52.33	7.38	$1,646
May 2005	400	45.22	6.65	$2,660
Apr 2005	307	49.20	7.36	$2,260
Mar 2005	340	50.37	7.15	$2,433
Feb 2005	361	45.22	6.31	$2,279
Jan 2005	441	43.16	6.32	$2,788
Dec 2004	119	39.86	6.75	$803
Nov 2004	266	45.28	6.33	$1,684
Oct 2004	369	49.70	6.52	$2,404
Sep 2004	277	43.24	5.28	$1,464
Aug 2004	408	42.37	5.55	$2,265
Jul 2004	448	38.28	6.08	$2,726
Jun 2004	387	36.10	6.43	$2,490
May 2004	452	37.48	6.49	$2,936
Apr 2004	383	34.47	5.86	$2,244
Mar 2004	438	34.36	5.53	$2,422
Feb 2004	393	32.45	5.51	$2,165
Jan 2004	402	32.03	6.30	$2,532
Dec 2003	405	30.26	6.30	$2,552
Nov 2003	395	28.80	4.60	$1,815
Oct 2003	432	28.17	4.76	$2,056
Sep 2003	340	26.31	4.75	$1,615
Aug 2003	446	29.76	5.13	$2,288
Jul 2003	446	29.41	5.17	$2,306
Jun 2003	424	28.56	5.98	$2,537
May 2003	430	26.59	5.97	$2,568
Apr 2003	561	26.67	5.41	$3,033
Mar 2003	477	31.14	6.10	$2,908
Feb 2003	414	33.48	7.93	$3,281
Jan 2003	408	30.31	5.58	$2,277
Dec 2002	309	26.91	4.85	$1,500
Nov 2002	408	24.66	4.14	$1,688
Oct 2002	369	26.46	4.23	$1,561
Sep 2002	413	27.44	3.64	$1,501
Aug 2002	535	25.96	3.16	$1,693
Jul 2002	492	24.58	3.06	$1,506
Jun 2002	416	23.73	3.34	$1,389
May 2002	541	24.66	3.58	$1,939
Apr 2002	371	23.65	3.51	$1,303
Mar 2002	425	22.00	3.10	$1,319
Feb 2002	457	18.22	2.38	$1,086
Jan 2002	453	17.17	2.38	$1,076
Dec 2001	519	16.93	2.36	$1,227
Nov 2001	458	18.07	2.41	$1,102
Oct 2001	559	19.78	2.53	$1,414
Sep 2001	548	24.26	2.25	$1,234
Aug 2001	573	24.87	3.05	$1,749
Jul 2001	495	23.93	3.20	$1,583
Jun 2001	485	24.56	3.82	$1,855
May 2001	574	25.52	4.31	$2,472
Apr 2001	525	24.68	5.34	$2,801
Mar 2001	544	24.54	5.38	$2,925
Feb 2001	592	27.75	5.77	$3,414
Jan 2001	491	27.47	8.40	$4,124
Dec 2000	384	26.88	9.12	$3,503
Nov 2000	415	32.21	5.66	$2,348
Oct 2000	508	31.23	5.15	$2,614
Sep 2000	555	31.87	5.19	$2,879
Aug 2000	507	29.64	4.54	$2,302
Jul 2000	477	28.53	4.09	$1,951
Jun 2000	591	29.30	4.40	$2,599
May 2000	521	27.26	3.68	$1,917
Apr 2000	538	24.51	3.12	$1,676
Mar 2000	501	28.42	2.86	$1,433
Feb 2000	471	27.62	2.73	$1,284
Jan 2000	529	25.27	2.48	$1,312
Dec 1999	560	24.28	2.42	$1,357
Nov 1999	557	23.19	2.43	$1,356
Oct 1999	598	20.98	2.80	$1,677
Sep 1999	563	21.75	2.62	$1,474
Aug 1999	638	19.26	2.88	$1,835
Jul 1999	621	17.89	2.37	$1,473
Jun 1999	535	15.94	2.36	$1,264
May 1999	607	15.79	2.32	$1,409
Apr 1999	562	15.10	2.21	$1,241
Mar 1999	590	12.47	1.84	$1,085
Feb 1999	498	9.98	1.82	$905
Jan 1999	600	10.38	1.90	$1,140
Dec 1998	593	9.20	1.77	$1,052
Nov 1998	677	10.89	2.19	$1,480
Oct 1998	677	12.42	1.97	$1,333
Sep 1998	756	12.59	2.08	$1,574
Aug 1998	773	11.30	1.91	$1,474
Jul 1998	767	11.74	2.24	$1,716
Jun 1998	770	11.24	2.24	$1,723
May 1998	863	12.62	2.21	$1,904
Apr 1998	941	13.04	2.51	$2,358
Mar 1998	1,089	12.80	2.31	$2,515
Feb 1998	906	13.95	2.30	$2,083
Jan 1998	1,022	14.70	2.15	$2,202
Dec 1997	985	16.32	2.41	$2,375
Nov 1997	1,004	18.19	3.09	$3,101
Oct 1997	1,008	19.25	3.15	$3,175
Sep 1997	1,107	17.74	2.95	$3,271
Aug 1997	1,139	17.86	2.55	$2,910
Jul 1997	958	17.58	2.25	$2,153
Jun 1997	1,265	17.24	2.26	$2,855
May 1997	632	18.97	2.31	$1,459
Apr 1997	700	17.88	2.08	$1,458
Mar 1997	798	18.95	1.94	$1,547
Feb 1997	632	20.49	2.21	$1,394
Jan 1997	46	23.48	3.54	$163
Dec 1996	0	23.32	—	$0
Nov 1996	0	21.97	—	$0
Oct 1996	979	23.31	—	$0
Sep 1996	864	22.22	—	$0
Aug 1996	935	20.26	—	$0
Jul 1996	1,002	19.55	—	$0
Jun 1996	1,022	18.73	—	$0
May 1996	962	19.43	—	$0
Apr 1996	993	21.51	—	$0
Mar 1996	936	19.38	—	$0
Feb 1996	1,066	16.98	—	$0
Jan 1996	1,104	17.07	—	$0
Dec 1995	1,096	17.19	—	$0
Nov 1995	1,050	16.00	—	$0
Oct 1995	1,014	15.43	—	$0
Sep 1995	863	16.18	—	$0
Aug 1995	874	15.92	—	$0
Jul 1995	1,327	15.24	—	$0
Jun 1995	1,072	16.41	—	$0
May 1995	996	17.56	—	$0
Apr 1995	1,213	17.73	—	$0
Mar 1995	1,098	16.44	—	$0
Feb 1995	868	16.58	—	$0
Jan 1995	743	15.92	—	$0
Dec 1994	775	15.03	—	$0
Nov 1994	713	15.90	—	$0
Oct 1994	368	15.58	—	$0
Sep 1994	509	15.29	—	$0
Aug 1994	0	16.13	—	$0
Jul 1994	397	17.56	—	$0
Jun 1994	286	17.09	—	$0
May 1994	917	15.88	—	$0
Apr 1994	685	14.14	—	$0
Mar 1994	1,022	12.46	—	$0
Feb 1994	833	12.50	—	$0
Jan 1994	1,021	12.66	—	$0
Dec 1993	972	12.33	—	$0
Nov 1993	768	14.49	—	$0
Oct 1993	941	15.85	—	$0
Sep 1993	970	15.03	—	$0
Aug 1993	1,071	15.66	—	$0
Jul 1993	1,180	15.46	—	$0
Jun 1993	1,171	16.79	—	$0
May 1993	1,131	17.68	—	$0
Apr 1993	1,062	18.05	—	$0
Mar 1993	1,146	18.14	—	$0
Feb 1993	1,164	17.90	—	$0
Jan 1993	1,064	16.93	—	$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.

Jun 2020 — as filed, then multipliedworked

Gas                   75 Mcf  × $  1.69 =       $127

────────────────────────────────────────────────────
Month total                                     $127

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/20791 is the state's own key, not one this site invented.