UNIVERSITY 38

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

Gas lease lease 211842District 08Field 09358450Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$933 k
Apr 2005 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
254
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 87 leases and 441 wells, and the rule below applies to all of them.

Discovered
1945-10-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
800 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1988-12-12.

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: FORMULA IS SUSPENDED AND ALL OVERPRODUCTION IS CANCELLED.

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
CondensateDisposition4,188 bbl$259,303
GasProduction111,449 Mcf$673,476
Total$932,780

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 31.4419, -102.4215. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44186, -102.42146 · 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
9,000 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 9,000 ft.

Completions filed
Sep 1968
1 of 1 wells

1 well

42-1031121419,000 ftSep 1968

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 (254)

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

254 months

May 2026061106.413.05$186
Apr 202606498.932.87$184
Mar 202607589.753.15$236
Feb 202606563.503.75$244
Jan 202606759.138.00$536
Dec 202505856.664.41$256
Nov 202505558.593.93$216
Oct 202505359.383.30$175
Sep 202505362.743.08$163
Aug 202507263.933.01$217
Jul 202506766.743.32$222
Jun 202505966.483.13$185
May 202505560.553.23$178
Apr 202506162.363.54$216
Mar 202506967.704.27$295
Feb 202506470.884.34$278
Jan 202506774.324.28$287
Dec 202406168.993.12$190
Nov 202406169.052.20$134
Oct 202407471.372.28$169
Sep 202407569.612.36$177
Aug 202407875.632.06$161
Jul 202407479.932.15$159
Jun 202405378.082.63$140
May 202406378.812.20$139
Apr 202406784.451.66$111
Mar 202406580.301.55$100
Feb 202405376.091.78$95
Jan 202406273.023.30$204
Dec 202307071.262.61$183
Nov 202306377.892.81$177
Oct 202306485.443.09$198
Sep 202307289.042.74$197
Aug 202307280.522.67$192
Jul 202307074.852.64$185
Jun 202307868.962.26$176
May 202308370.622.23$185
Apr 202309078.122.24$201
Mar 2023013572.852.39$323
Feb 2023013175.112.47$323
Jan 2023014176.533.39$478
Dec 2022016076.415.73$917
Nov 2022015385.005.65$864
Oct 2022016187.185.86$944
Sep 2022016084.888.16$1,306
Aug 2022016094.529.13$1,460
Jul 20220165101.587.54$1,244
Jun 20220166115.097.98$1,324
May 20220172109.378.43$1,450
Apr 202214214104.226.84$2,922
Mar 202219480108.885.08$4,505
Feb 2022044591.054.86$2,162
Jan 2022046881.844.54$2,124
Dec 2021046471.323.90$1,809
Nov 2021049877.435.24$2,608
Oct 2021046079.795.71$2,628
Sep 2021049269.865.35$2,633
Aug 2021055066.024.22$2,321
Jul 20215370870.783.98$6,571
Jun 20211031,34669.493.38$11,708
May 20211551,58663.483.02$14,625
Apr 20211561,49460.362.76$13,537
Mar 20211761,42261.302.72$14,652
Feb 20211121,21157.805.55$13,192
Jan 20215559850.412.81$4,453
Dec 202007144.642.68$190
Nov 202006938.772.71$187
Oct 202006836.972.48$169
Sep 202005737.091.99$113
Aug 202004739.982.39$112
Jul 202004738.371.83$86
Jun 202005434.901.69$91
May 202016116.921.81$128
Apr 202023414.751.80$91
Mar 202022830.341.86$113
Feb 202032749.881.98$203
Jan 202043057.252.09$292
Dec 201973059.012.30$482
Nov 201962955.302.75$412
Oct 2019153053.472.42$875
Sep 2019376155.052.66$2,199
Aug 201914178653.112.30$9,300
Jul 2019287156.272.46$1,750
Jun 20191710852.782.49$1,166
May 2019158958.482.74$1,121
Apr 2019118362.632.75$917
Mar 201998256.803.06$762
Feb 201986050.852.79$574
Jan 2019105746.033.23$644
Dec 201895946.594.19$666
Nov 201885952.934.24$673
Oct 201854861.443.40$470
Sep 201802859.543.11$87
Aug 201803059.403.07$92
Jul 2018011665.142.93$340
Jun 2018014560.183.08$446
May 2018013365.382.90$386
Apr 201807163.842.90$206
Mar 201807461.222.79$206
Feb 201805661.782.77$155
Jan 201804862.874.01$192
Dec 201705457.272.92$158
Nov 201706155.423.12$190
Oct 201706749.292.98$200
Sep 2017016247.523.09$500
Aug 2017715745.373.00$789
Jul 2017237143.873.09$1,228
Jun 2017247842.493.09$1,261
May 20171412145.373.26$1,030
Apr 2017128447.933.21$845
Mar 2017824346.772.98$1,099
Feb 2017637550.452.95$1,410
Jan 2017744849.413.42$1,877
Dec 2016948048.763.72$2,226
Nov 20161344442.492.64$1,726
Oct 20164072446.193.09$4,085
Sep 20168497541.553.10$6,513
Aug 201617445441.442.92$8,538
Jul 201618225141.622.92$8,309
Jun 20164064245.352.69$3,538
May 2016212842.521.99$949
Apr 201611735236.561.99$4,978
Mar 201614440933.011.79$5,487
Feb 201619841926.472.06$6,106
Jan 201617341427.352.36$5,710
Dec 2015037432.362.00$749
Nov 2015034238.792.17$741
Oct 2015034843.552.43$844
Sep 2015026742.992.76$737
Aug 2015010940.162.87$313
Jul 2015020448.152.95$601
Jun 2015027556.152.88$793
May 2015028455.212.96$839
Apr 2015025049.822.71$677
Mar 2015025042.892.93$734
Feb 2015025344.662.98$753
Jan 2015023843.433.10$738
Dec 201403154.693.59$111
Nov 201403170.464.25$132
Oct 201433178.303.90$356
Sep 201404486.164.05$178
Aug 2014013789.394.04$553
Jul 2014032296.564.18$1,346
Jun 2014025498.164.74$1,203
May 2014035694.734.73$1,683
Apr 2014034195.944.81$1,640
Mar 2014135695.895.06$1,896
Feb 2014759397.406.19$4,354
Jan 2014033290.404.86$1,614
Dec 2013033891.824.35$1,472
Nov 2013033188.853.74$1,237
Oct 2013038197.423.78$1,440
Sep 20130353104.113.72$1,312
Aug 20130359104.253.52$1,265
Jul 20130330102.523.72$1,227
Jun 2013334294.403.93$1,628
May 2013334594.834.15$1,716
Apr 2013629093.964.28$1,806
Mar 20132433493.623.91$3,554
Feb 20132932391.233.42$3,750
Jan 20134132891.603.42$4,877
Dec 20123231586.773.42$3,854
Nov 20123332086.953.62$4,029
Oct 20126439689.383.40$7,067
Sep 20126535194.672.92$7,178
Aug 20124834492.662.91$5,448
Jul 20126237185.133.02$6,399
Jun 20123037179.822.52$3,329
May 20122829391.612.49$3,294
Apr 201221283101.652.00$2,700
Mar 201220457105.052.22$3,116
Feb 201219444101.102.57$3,062
Jan 20121447798.092.73$2,677
Dec 20113453296.873.24$5,017
Nov 20111059895.723.31$2,937
Oct 2011065584.983.65$2,390
Sep 20112382283.623.99$5,200
Aug 20112272883.404.15$4,856
Jul 20111683194.144.52$5,260
Jun 2011191,04692.904.64$6,618
May 2011191,03198.134.40$6,406
Apr 201118787105.964.33$5,318
Mar 20112093596.364.06$5,721
Feb 2011181,10485.644.18$6,156
Jan 20111540686.504.59$3,161
Dec 2010326485.734.35$1,405
Nov 2010348180.843.80$2,068
Oct 2010248678.103.51$1,862
Sep 2010247372.633.98$2,028
Aug 2010348673.684.42$2,369
Jul 2010349872.554.74$2,576
Jun 2010347570.364.91$2,544
May 20101149771.124.24$2,887
Apr 20101546881.694.12$3,155
Mar 20101548478.394.39$3,300
Feb 20101439373.585.44$3,169
Jan 2010822774.365.96$1,949
Dec 20091036671.445.48$2,721
Nov 20091330474.593.75$2,110
Oct 20091873172.544.11$4,310
Sep 20092670565.543.06$3,865
Aug 20093577067.423.22$4,838
Jul 2009141,11861.133.46$4,729
Jun 2009778066.163.90$3,501
May 2009778054.743.93$3,445
Apr 2009936946.773.59$1,745
Mar 2009947042.144.06$2,287
Feb 20091329832.814.63$1,807
Jan 20093021835.865.37$2,247
Dec 20082846337.105.98$3,806
Nov 20082589855.496.86$7,548
Oct 20082593375.246.92$8,339
Sep 200819765101.767.88$7,959
Aug 200824511114.228.48$7,076
Jul 200814590131.0811.39$8,555
Jun 200825734131.3313.03$12,849
May 200826742123.1711.57$11,791
Apr 200824535110.3110.45$8,241
Mar 200822536101.909.66$7,422
Feb 20082047992.538.77$6,052
Jan 20082830490.388.21$5,025
Dec 20072940488.337.30$5,512
Nov 20072451191.677.29$5,926
Oct 20073157882.856.92$6,569
Sep 20072645675.846.24$4,819
Aug 20072274669.066.39$6,285
Jul 2007231470.906.39$2,148
Jun 20071080462.007.55$6,689
May 2007936958.747.85$3,424
Apr 20072549059.617.81$5,315
Mar 20072544656.927.30$4,680
Feb 20071441855.108.22$4,206
Jan 20072827150.306.73$3,231
Dec 20062348456.656.92$4,651
Nov 20062957154.207.62$5,921
Oct 20063257354.906.01$5,203
Sep 2006211,01160.085.04$6,354
Aug 20060068.717.34$0
Jul 20061069.376.34$69
Jun 20061137666.286.38$3,129
May 2006291,17666.016.42$9,470
Apr 2006091264.397.36$6,713
Mar 200601,39956.707.08$9,909
Feb 200602,38157.597.75$18,455
Jan 20060060.598.93$0
Dec 200502,37554.9413.42$31,862
Nov 200503,84254.6910.59$40,681
Oct 200503,37958.3413.80$46,616
Sep 200503,51461.4512.08$42,446
Aug 200504,36561.519.80$42,763
Jul 200502,05555.697.84$16,119
Jun 200502,77552.337.38$20,482
May 200501,83545.226.65$12,205
Apr 200501,90349.207.36$14,007

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   61 Mcf  × $  3.05 =       $186

────────────────────────────────────────────────────
Month total                                     $186

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/211842 is the state's own key, not one this site invented.