UNIVERSITY 40

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) in the MERIDIAN, SOUTH (WOLFCAMP CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 213287District 08Field 606265032 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Dec 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
2006-01-10
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 2006-01-10.

The Commission's schedule remark for this field reads: WOLFCAMP-PENN CONS.) FIELD.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-03-07167273
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition429 bbl$34,660
GasProduction558,885 Mcf$4,051,513
Total$4,086,173

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 31.6523, -103.3123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65229, -103.31225 · 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
17,708 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 17,708 ft.

Completions filed
Dec 2005
1 of 1 wells

1 well

42-49533040117,708 ftDec 2005

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 (246)

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

246 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 2019013453.472.42$324
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019046852.782.49$1,166
May 2019049158.482.74$1,346
Apr 2019035162.632.75$966
Mar 2019015556.803.06$475
Feb 2019037350.852.79$1,042
Jan 2019015746.033.23$507
Dec 201801646.594.19$67
Nov 2018021652.934.24$915
Oct 2018038661.443.40$1,312
Sep 2018061259.543.11$1,902
Aug 2018066659.403.07$2,042
Jul 2018046665.142.93$1,366
Jun 2018033860.183.08$1,040
May 2018018965.382.90$548
Apr 201808563.842.90$247
Mar 2018069261.222.79$1,928
Feb 2018048061.782.77$1,328
Jan 2018069062.874.01$2,766
Dec 2017047557.272.92$1,388
Nov 2017023555.423.12$733
Oct 201709549.292.98$283
Sep 2017040747.523.09$1,257
Aug 2017048045.373.00$1,442
Jul 2017047743.873.09$1,473
Jun 2017044942.493.09$1,386
May 20170045.373.26$0
Apr 2017025347.933.21$813
Mar 2017023046.772.98$686
Feb 2017029850.452.95$880
Jan 201709049.413.42$308
Dec 201604748.763.72$175
Nov 201603042.492.64$79
Oct 201606346.193.09$195
Sep 2016034341.553.10$1,064
Aug 2016019941.442.92$582
Jul 2016012941.622.92$377
Jun 2016044145.352.69$1,184
May 2016038342.521.99$763
Apr 20160036.561.99$0
Mar 20160433.011.79$7
Feb 201606826.472.06$140
Jan 2016019927.352.36$471
Dec 20150032.362.00$0
Nov 201502,10838.792.17$4,569
Oct 201502,72443.552.43$6,610
Sep 201501,08542.992.76$2,993
Aug 2015073440.162.87$2,108
Jul 201501,65148.152.95$4,862
Jun 201502,13856.152.88$6,164
May 201501,46655.212.96$4,333
Apr 201502,37649.822.71$6,431
Mar 201502,40242.892.93$7,049
Feb 201501,55944.662.98$4,640
Jan 2015033243.433.10$1,029
Dec 2014035254.693.59$1,264
Nov 2014032870.464.25$1,395
Oct 2014097578.303.90$3,803
Sep 2014038986.164.05$1,574
Aug 2014031889.394.04$1,283
Jul 2014027496.564.18$1,145
Jun 2014023198.164.74$1,094
May 2014037594.734.73$1,772
Apr 2014026095.944.81$1,250
Mar 2014044895.895.06$2,265
Feb 2014073797.406.19$4,564
Jan 2014069690.404.86$3,383
Dec 201301,86891.824.35$8,134
Nov 201302,90488.853.74$10,856
Oct 201301,51597.423.78$5,726
Sep 201302,083104.113.72$7,744
Aug 2013133,131104.253.52$12,385
Jul 2013203,193102.523.72$13,921
Jun 20132634794.403.93$3,819
May 2013042894.834.15$1,776
Apr 2013233893.964.28$1,635
Mar 20133429193.623.91$4,322
Feb 20131332691.233.42$2,301
Jan 20131246591.603.42$2,689
Dec 2012049186.773.42$1,679
Nov 2012174186.953.62$2,773
Oct 2012852,40889.383.40$15,784
Sep 201204,37194.672.92$12,756
Aug 201202,59092.662.91$7,532
Jul 201202,35185.133.02$7,102
Jun 2012073079.822.52$1,839
May 2012088591.612.49$2,202
Apr 201202,420101.652.00$4,832
Mar 201201,066105.052.22$2,369
Feb 20120749101.102.57$1,925
Jan 2012031598.092.73$861
Dec 2011034696.873.24$1,121
Nov 2011083095.723.31$2,748
Oct 201102,82884.983.65$10,318
Sep 201103,23083.623.99$12,874
Aug 201101,80083.404.15$7,469
Jul 2011069894.144.52$3,153
Jun 2011083892.904.64$3,888
May 201101,13098.134.40$4,977
Apr 20110831105.964.33$3,601
Mar 2011086796.364.06$3,518
Feb 2011087385.644.18$3,649
Jan 201101,50586.504.59$6,906
Dec 201001,13585.734.35$4,935
Nov 201001,08780.843.80$4,126
Oct 201001,56678.103.51$5,495
Sep 201001,67372.633.98$6,658
Aug 201014,54973.684.42$20,177
Jul 201002,53972.554.74$12,026
Jun 2010071470.364.91$3,506
May 201001,04771.124.24$4,434
Apr 201002,95981.694.12$12,199
Mar 201003,88178.394.39$17,032
Feb 201002,41473.585.44$13,138
Jan 201004,09574.365.96$24,423
Dec 200906,11671.445.48$33,539
Nov 200902,64974.593.75$9,938
Oct 2009086972.544.11$3,572
Sep 2009093265.543.06$2,856
Aug 2009096767.423.22$3,112
Jul 200903,00161.133.46$10,397
Jun 200911,37366.163.90$5,414
May 2009088054.743.93$3,455
Apr 200901,76046.773.59$6,314
Mar 200902,07042.144.06$8,402
Feb 2009087432.814.63$4,049
Jan 200902,11135.865.37$11,338
Dec 200852,04037.105.98$12,379
Nov 200842,36855.496.86$16,467
Oct 200803,11275.246.92$21,541
Sep 200802,053101.767.88$16,172
Aug 200802,885114.228.48$24,474
Jul 200804,024131.0811.39$45,831
Jun 200813,359131.3313.03$43,908
May 200853,729123.1711.57$43,776
Apr 200804,453110.3110.45$46,555
Mar 200815,219101.909.66$50,539
Feb 200804,11092.538.77$36,047
Jan 200832,92790.388.21$24,289
Dec 200704,41288.337.30$32,216
Nov 2007432,83591.677.29$24,614
Oct 200707,64982.856.92$52,946
Sep 200716,34775.846.24$39,708
Aug 200703,81369.066.39$24,357
Jul 2007211,14270.906.39$71,316
Jun 200709,89462.007.55$74,684
May 200715,00758.747.85$39,345
Apr 200703,98659.617.81$31,112
Mar 2007236,63456.927.30$49,750
Feb 2007611,37855.108.22$93,812
Jan 200758,42350.306.73$56,912
Dec 200616,61856.656.92$45,843
Nov 2006712,76654.207.62$97,624
Oct 20061015,76154.906.01$95,333
Sep 2006214,01460.085.04$70,711
Aug 20061612,80668.717.34$95,094
Jul 20062013,08769.376.34$84,395
Jun 20062411,85966.286.38$77,297
May 20061616,13166.016.42$104,698
Apr 2006319,74164.397.36$145,496
Mar 20061926,84456.707.08$191,211
Feb 2006327,36657.597.75$212,290
Jan 2006060,35460.598.93$539,162
Dec 2005060,37854.9413.42$809,995

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.

Oct 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 53.47 =         $0
Gas                  134 Mcf  × $  2.42 =       $324

────────────────────────────────────────────────────
Month total                                     $324

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/213287 is the state's own key, not one this site invented.