UNIVERSITY 14-3

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 20794District 08Field 82570700GasSaveExport
Value, all time
$34 k
Jan 1993 – Jun 2020
Value, last 12 filed months
$35
at the published price for each month
Months reported
330
no gaps in the span
Streams
1
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
GasProduction41,924 Mcf$34,174
Total$34,174

31,304 Mcf of this lease's gas, across 42 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 32.3647, -102.6725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36473, -102.67250 · 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
3,037 ft
1 wells filed one
Completion to plug
72.4 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 3,037 ft.

Completions filed
Jan 1948
1 of 1 wells
Plug dates filed
Jun 2020
1 of 1 wells

Last completion to plug: a median of 72.4 years across the 1 well that filed both dates, with the middle half between 72.4 years and 72.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0030090913,037 ftJan 1948Jun 2020Yes

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 (330)

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

330 months

Jun 2020034.901.69$0
May 2020916.921.81$16
Apr 2020114.751.80$2
Mar 2020130.341.86$2
Feb 2020049.881.98$0
Jan 2020157.252.09$2
Dec 2019059.012.30$0
Nov 2019155.302.75$3
Oct 2019153.472.42$2
Sep 2019155.052.66$3
Aug 2019153.112.30$2
Jul 2019156.272.46$2
Jun 2019152.782.49$2
May 2019158.482.74$3
Apr 2019162.632.75$3
Mar 2019156.803.06$3
Feb 2019150.852.79$3
Jan 2019146.033.23$3
Dec 2018146.594.19$4
Nov 2018552.934.24$21
Oct 20182561.443.40$85
Sep 20182659.543.11$81
Aug 20181259.403.07$37
Jul 2018565.142.93$15
Jun 20182460.183.08$74
May 20182065.382.90$58
Apr 2018163.842.90$3
Mar 2018161.222.79$3
Feb 2018161.782.77$3
Jan 2018162.874.01$4
Dec 2017157.272.92$3
Nov 2017155.423.12$3
Oct 2017149.292.98$3
Sep 2017147.523.09$3
Aug 2017145.373.00$3
Jul 2017143.873.09$3
Jun 2017142.493.09$3
May 2017145.373.26$3
Apr 2017147.933.21$3
Mar 2017146.772.98$3
Feb 2017150.452.95$3
Jan 2017149.413.42$3
Dec 2016148.763.72$4
Nov 2016142.492.64$3
Oct 2016146.193.09$3
Sep 2016141.553.10$3
Aug 2016141.442.92$3
Jul 2016141.622.92$3
Jun 2016145.352.69$3
May 2016142.521.99$2
Apr 2016136.561.99$2
Mar 2016133.011.79$2
Feb 2016126.472.06$2
Jan 2016127.352.36$2
Dec 2015132.362.00$2
Nov 2015138.792.17$2
Oct 2015143.552.43$2
Sep 2015142.992.76$3
Aug 2015140.162.87$3
Jul 2015148.152.95$3
Jun 2015256.152.88$6
May 2015155.212.96$3
Apr 2015149.822.71$3
Mar 2015242.892.93$6
Feb 2015144.662.98$3
Jan 2015143.433.10$3
Dec 2014454.693.59$14
Nov 20141270.464.25$51
Oct 2014978.303.90$35
Sep 2014886.164.05$32
Aug 2014489.394.04$16
Jul 2014896.564.18$33
Jun 2014698.164.74$28
May 2014794.734.73$33
Apr 2014495.944.81$19
Mar 2014595.895.06$25
Feb 2014697.406.19$37
Jan 2014590.404.86$24
Dec 2013991.824.35$39
Nov 2013488.853.74$15
Oct 2013797.423.78$26
Sep 20138104.113.72$30
Aug 20137104.253.52$25
Jul 20133102.523.72$11
Jun 2013394.403.93$12
May 2013694.834.15$25
Apr 2013293.964.28$9
Mar 2013693.623.91$23
Feb 2013691.233.42$21
Jan 2013591.603.42$17
Dec 2012486.773.42$14
Nov 2012386.953.62$11
Oct 2012489.383.40$14
Sep 2012394.672.92$9
Aug 2012692.662.91$17
Jul 2012885.133.02$24
Jun 2012379.822.52$8
May 2012491.612.49$10
Apr 20129101.652.00$18
Mar 20128105.052.22$18
Feb 20126101.102.57$15
Jan 20121198.092.73$30
Dec 2011996.873.24$29
Nov 20111095.723.31$33
Oct 2011884.983.65$29
Sep 2011983.623.99$36
Aug 2011683.404.15$25
Jul 2011594.144.52$23
Jun 2011792.904.64$32
May 2011598.134.40$22
Apr 20118105.964.33$35
Mar 2011696.364.06$24
Feb 2011885.644.18$33
Jan 2011486.504.59$18
Dec 2010485.734.35$17
Nov 2010780.843.80$27
Oct 2010978.103.51$32
Sep 20101072.633.98$40
Aug 20101173.684.42$49
Jul 20101072.554.74$47
Jun 20101070.364.91$49
May 20101271.124.24$51
Apr 20101081.694.12$41
Mar 20101178.394.39$48
Feb 2010873.585.44$44
Jan 2010674.365.96$36
Dec 20091171.445.48$60
Nov 20091274.593.75$45
Oct 2009772.544.11$29
Sep 20091065.543.06$31
Aug 20091467.423.22$45
Jul 20091161.133.46$38
Jun 20091866.163.90$70
May 20091754.743.93$67
Apr 20091446.773.59$50
Mar 20091042.144.06$41
Feb 2009532.814.63$23
Jan 2009835.865.37$43
Dec 2008037.105.98$0
Nov 20081455.496.86$96
Oct 2008975.246.92$62
Sep 200813101.767.88$102
Aug 200816114.228.48$136
Jul 200851131.0811.39$581
Jun 200817131.3313.03$222
May 200820123.1711.57$231
Apr 200819110.3110.45$199
Mar 200820101.909.66$193
Feb 20081992.538.77$167
Jan 20081990.388.21$156
Dec 20071788.337.30$124
Nov 20071991.677.29$139
Oct 20072082.856.92$138
Sep 20071875.846.24$112
Aug 20071569.066.39$96
Jul 20072570.906.39$160
Jun 20072162.007.55$159
May 20071558.747.85$118
Apr 20071659.617.81$125
Mar 20072056.927.30$146
Feb 20071455.108.22$115
Jan 20071250.306.73$81
Dec 20061656.656.92$111
Nov 20061854.207.62$137
Oct 20061754.906.01$102
Sep 20062060.085.04$101
Aug 20061768.717.34$125
Jul 20062169.376.34$133
Jun 20062266.286.38$140
May 20062566.016.42$161
Apr 20062864.397.36$206
Mar 20063056.707.08$212
Feb 20061957.597.75$147
Jan 20063160.598.93$277
Dec 20053254.9413.42$429
Nov 20053754.6910.59$392
Oct 20052158.3413.80$290
Sep 20053261.4512.08$387
Aug 20053161.519.80$304
Jul 20052255.697.84$173
Jun 2005552.337.38$37
May 20052145.226.65$140
Apr 20051749.207.36$125
Mar 20051450.377.15$100
Feb 20051845.226.31$114
Jan 20055243.166.32$329
Dec 20041039.866.75$68
Nov 20042345.286.33$146
Oct 20042449.706.52$156
Sep 20041643.245.28$85
Aug 20042942.375.55$161
Jul 20043338.286.08$201
Jun 20041736.106.43$109
May 20041137.486.49$71
Apr 20043134.475.86$182
Mar 20043034.365.53$166
Feb 20042332.455.51$127
Jan 20041432.036.30$88
Dec 20031230.266.30$76
Nov 2003728.804.60$32
Oct 20032328.174.76$109
Sep 20032226.314.75$104
Aug 2003229.765.13$10
Jul 20031729.415.17$88
Jun 2003928.565.98$54
May 2003226.595.97$12
Apr 20032926.675.41$157
Mar 20032031.146.10$122
Feb 2003233.487.93$16
Jan 20031730.315.58$95
Dec 2002326.914.85$15
Nov 20021124.664.14$46
Oct 2002026.464.23$0
Sep 2002427.443.64$15
Aug 2002425.963.16$13
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002117.172.38$2
Dec 2001016.932.36$0
Nov 2001118.072.41$2
Oct 2001119.782.53$3
Sep 2001524.262.25$11
Aug 2001824.873.05$24
Jul 20011623.933.20$51
Jun 20011124.563.82$42
May 20012425.524.31$103
Apr 20012424.685.34$128
Mar 20013024.545.38$161
Feb 20013627.755.77$208
Jan 20013027.478.40$252
Dec 20002226.889.12$201
Nov 20003132.215.66$175
Oct 20004831.235.15$247
Sep 20002931.875.19$150
Aug 20003729.644.54$168
Jul 20003928.534.09$160
Jun 20002929.304.40$128
May 20004127.263.68$151
Apr 20005224.513.12$162
Mar 20004228.422.86$120
Feb 20004027.622.73$109
Jan 20005225.272.48$129
Dec 19996024.282.42$145
Nov 19998823.192.43$214
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 19995219.262.88$150
Jul 1999517.892.37$12
Jun 199913115.942.36$309
May 199910115.792.32$234
Apr 199917515.102.21$386
Mar 199926712.471.84$491
Feb 19991199.981.82$216
Jan 199923210.381.90$441
Dec 19981959.201.77$346
Nov 199816710.892.19$365
Oct 199827712.421.97$545
Sep 199830612.592.08$637
Aug 199834711.301.91$662
Jul 199835211.742.24$788
Jun 199844611.242.24$998
May 199841512.622.21$916
Apr 199832113.042.51$804
Mar 199845312.802.31$1,046
Feb 199829813.952.30$685
Jan 199823114.702.15$498
Dec 199738316.322.41$923
Nov 199728718.193.09$886
Oct 199716919.253.15$532
Sep 199718617.742.95$550
Aug 199723617.862.55$603
Jul 199735317.582.25$793
Jun 199747417.242.26$1,070
May 199735218.972.31$813
Apr 199727417.882.08$571
Mar 19974618.951.94$89
Feb 1997320.492.21$7
Jan 1997423.483.54$14
Dec 1996023.32$0
Nov 1996021.97$0
Oct 19966723.31$0
Sep 19965822.22$0
Aug 19962520.26$0
Jul 19962619.55$0
Jun 19963618.73$0
May 19962019.43$0
Apr 1996721.51$0
Mar 19961219.38$0
Feb 1996616.98$0
Jan 19963917.07$0
Dec 19951117.19$0
Nov 1995016.00$0
Oct 1995215.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 19953215.24$0
Jun 199599216.41$0
May 19951,16917.56$0
Apr 19951,07417.73$0
Mar 19951,18216.44$0
Feb 199579316.58$0
Jan 19951,19515.92$0
Dec 199494615.03$0
Nov 199485015.90$0
Oct 199441115.58$0
Sep 199452915.29$0
Aug 1994016.13$0
Jul 199432917.56$0
Jun 199435017.09$0
May 199479915.88$0
Apr 199483314.14$0
Mar 19941,02012.46$0
Feb 19941,12212.50$0
Jan 19941,27512.66$0
Dec 19931,43312.33$0
Nov 19931,06914.49$0
Oct 19931,08515.85$0
Sep 19931,33115.03$0
Aug 19931,41215.66$0
Jul 19931,42015.46$0
Jun 19931,30716.79$0
May 19931,53817.68$0
Apr 19931,48418.05$0
Mar 19931,31918.14$0
Feb 19931,34917.90$0
Jan 19931,34716.93$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.

May 2020 — as filed, then multipliedworked
Gas                    9 Mcf  × $  1.81 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/20794 is the state's own key, not one this site invented.