UNIVERSITY 35

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 214565District 08Field 09358450Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$2.0 M
Nov 2005 – May 2026
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
247
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
CondensateDisposition12,150 bbl$812,850
GasProduction296,866 Mcf$1,168,092
Total$1,980,942

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 31.4550, -102.4270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45504, -102.42702 · 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
9,080 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 9,080 ft.

Completions filed
Jul 1982
1 of 1 wells

1 well

42-1033292229,080 ftJul 1982

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 (247)

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

247 months

May 202624489106.413.05$4,043
Apr 20263150698.932.87$4,519
Mar 20263359989.753.15$4,848
Feb 20265556263.503.75$5,600
Jan 20265859159.138.00$8,156
Dec 20256151056.664.41$5,707
Nov 20256048258.593.93$5,408
Oct 20255044159.383.30$4,426
Sep 20255942462.743.08$5,006
Aug 20256263163.933.01$5,866
Jul 20257858866.743.32$7,155
Jun 20259753566.483.13$8,122
May 20258155260.553.23$6,689
Apr 202511960462.363.54$9,561
Mar 20259569067.704.27$9,377
Feb 20257664370.884.34$8,178
Jan 202510065774.324.28$10,243
Dec 20249659968.993.12$8,493
Nov 20246050969.052.20$5,262
Oct 20246560171.372.28$6,010
Sep 20245661269.612.36$5,345
Aug 20245962675.632.06$5,754
Jul 20245760579.932.15$5,855
Jun 20242442978.082.63$3,004
May 20243850978.812.20$4,114
Apr 20244554384.451.66$4,701
Mar 20244754380.301.55$4,613
Feb 20242838976.091.78$2,824
Jan 20242443573.023.30$3,187
Dec 20232348871.262.61$2,913
Nov 20232845377.892.81$3,453
Oct 20232947785.443.09$3,950
Sep 20232653489.042.74$3,776
Aug 20233353580.522.67$4,087
Jul 20232552374.852.64$3,253
Jun 20232057268.962.26$2,671
May 20232961770.622.23$3,422
Apr 20232666678.122.24$3,521
Mar 20232399672.852.39$4,059
Feb 20232697075.112.47$4,345
Jan 2023301,03776.533.39$5,809
Dec 2022241,17976.415.73$8,588
Nov 2022321,10585.005.65$8,959
Oct 2022311,15787.185.86$9,487
Sep 2022311,15084.888.16$12,020
Aug 2022301,15594.529.13$13,377
Jul 2022351,186101.587.54$12,500
Jun 2022271,198115.097.98$12,664
May 2022321,372109.378.43$15,070
Apr 2022261,372104.226.84$12,091
Mar 2022331,270108.885.08$10,040
Feb 2022301,20891.054.86$8,601
Jan 2022291,27281.844.54$8,145
Dec 2021261,26171.323.90$6,771
Nov 2021331,35277.435.24$9,635
Oct 2021351,24879.795.71$9,924
Sep 2021321,33469.865.35$9,374
Aug 2021261,49166.024.22$8,009
Jul 2021421,66270.783.98$9,591
Jun 2021241,27969.493.38$5,992
May 2021271,41663.483.02$5,987
Apr 2021261,32860.362.76$5,233
Mar 2021291,39061.302.72$5,554
Feb 2021251,18557.805.55$8,019
Jan 2021381,56350.412.81$6,308
Dec 2020291,62344.642.68$5,637
Nov 2020241,59338.772.71$5,242
Oct 2020241,58136.972.48$4,806
Sep 2020261,35337.091.99$3,658
Aug 2020271,12139.982.39$3,753
Jul 2020241,53238.371.83$3,717
Jun 2020311,64434.901.69$3,861
May 2020281,98616.921.81$4,078
Apr 2020281,58214.751.80$3,268
Mar 2020251,56830.341.86$3,669
Feb 2020311,45849.881.98$4,434
Jan 2020321,59657.252.09$5,175
Dec 2019351,60259.012.30$5,757
Nov 2019271,52155.302.75$5,677
Oct 2019371,58853.472.42$5,819
Sep 2019281,49355.052.66$5,509
Aug 2019351,74453.112.30$5,878
Jul 2019361,94756.272.46$6,815
Jun 2019251,58152.782.49$5,258
May 2019301,63158.482.74$6,224
Apr 2019261,51662.632.75$5,798
Mar 2019301,49256.803.06$6,273
Feb 2019261,38850.852.79$5,198
Jan 2019341,54046.033.23$6,536
Dec 20182965346.594.19$4,084
Nov 2018301,17952.934.24$6,584
Oct 2018271,71861.443.40$7,497
Sep 2018181,66859.543.11$6,256
Aug 2018361,80359.403.07$7,667
Jul 2018841,79265.142.93$10,726
Jun 2018871,74060.183.08$10,590
May 2018982,01465.382.90$12,249
Apr 2018422,23063.842.90$9,150
Mar 2018412,23961.222.79$8,750
Feb 2018722,54361.782.77$11,482
Jan 2018602,02962.874.01$11,907
Dec 2017281,72357.272.92$6,637
Nov 2017341,87455.423.12$7,728
Oct 2017652,34149.292.98$10,189
Sep 2017782,67747.523.09$11,971
Aug 2017221,14745.373.00$4,444
Jul 2017171,39843.873.09$5,062
Jun 2017181,44642.493.09$5,229
May 2017212,63245.373.26$9,542
Apr 2017152,31147.933.21$8,141
Mar 2017152,30546.772.98$7,579
Feb 2017142,04850.452.95$6,753
Jan 2017162,46849.413.42$9,228
Dec 2016172,52148.763.72$10,214
Nov 2016202,14642.492.64$6,525
Oct 2016212,45446.193.09$8,553
Sep 2016112,67441.553.10$8,748
Aug 2016163,35941.442.92$10,486
Jul 2016333,51241.622.92$11,644
Jun 2016572,35245.352.69$8,902
May 20161042,53942.521.99$9,477
Apr 20161032,81236.561.99$9,364
Mar 20161422,78933.011.79$9,691
Feb 20162733,11326.472.06$13,650
Jan 20163474,38927.352.36$19,868
Dec 20153314,70632.362.00$20,130
Nov 20152494,27338.792.17$18,920
Oct 2015042343.552.43$1,026
Sep 2015041842.992.76$1,153
Aug 2015058440.162.87$1,678
Jul 2015049848.152.95$1,467
Jun 2015047256.152.88$1,361
May 201501,38555.212.96$4,093
Apr 201502,33949.822.71$6,331
Mar 201502,47142.892.93$7,252
Feb 201502,32344.662.98$6,914
Jan 201502,39743.433.10$7,432
Dec 201402,36854.693.59$8,504
Nov 201441,88570.464.25$8,297
Oct 201471,24078.303.90$5,385
Sep 201471,20986.164.05$5,494
Aug 201481,25089.394.04$5,759
Jul 201491,31196.564.18$6,349
Jun 2014101,24998.164.74$6,898
May 2014141,46394.734.73$8,241
Apr 201441,37295.944.81$6,982
Mar 2014121,44895.895.06$8,473
Feb 2014141,67397.406.19$11,723
Jan 201431,61090.404.86$8,097
Dec 201301,38591.824.35$6,031
Nov 201311,35788.853.74$5,162
Oct 2013161,56097.423.78$7,455
Sep 2013161,444104.113.72$7,034
Aug 2013161,466104.253.52$6,832
Jul 2013151,347102.523.72$6,546
Jun 2013141,39994.403.93$6,824
May 2013181,41294.834.15$7,565
Apr 2013581,37093.964.28$11,317
Mar 20131841,68793.623.91$23,827
Feb 20132251,61491.233.42$26,046
Jan 20133591,63891.603.42$38,486
Dec 20122201,57786.773.42$24,483
Nov 20123301,64486.953.62$34,653
Oct 20123182,10589.383.40$35,579
Sep 2012952794.672.92$2,390
Aug 201209192.662.91$265
Jul 20121085.133.02$85
Jun 2012257779.822.52$1,613
May 2012039991.612.49$993
Apr 20120342101.652.00$683
Mar 20120447105.052.22$993
Feb 20120506101.102.57$1,301
Jan 2012052798.092.73$1,441
Dec 2011042896.873.24$1,387
Nov 2011047995.723.31$1,586
Oct 2011056584.983.65$2,061
Sep 2011072783.623.99$2,898
Aug 20111159183.404.15$3,370
Jul 20111659294.144.52$4,180
Jun 20111946092.904.64$3,899
May 20111951498.134.40$4,129
Apr 201117497105.964.33$3,955
Mar 20112062596.364.06$4,463
Feb 2011181,39285.644.18$7,360
Jan 20113969186.504.59$6,544
Dec 201012743385.734.35$12,770
Nov 20106478180.843.80$8,138
Oct 20104978978.103.51$6,595
Sep 20104876872.633.98$6,542
Aug 20105178973.684.42$7,245
Jul 20105680972.554.74$7,895
Jun 20105177270.364.91$7,379
May 20102180871.124.24$4,916
Apr 2010169681.694.12$2,951
Mar 2010172178.394.39$3,243
Feb 2010158073.585.44$3,230
Jan 2010849074.365.96$3,517
Dec 20091953271.445.48$4,275
Nov 20092550274.593.75$3,748
Oct 2009221,09372.544.11$6,088
Sep 20093268965.543.06$4,209
Aug 20091,04999867.423.22$73,936
Jul 200985294961.133.46$55,371
Jun 200926629966.163.90$18,763
May 2009151754.743.93$888
Apr 20091887846.773.59$3,992
Mar 2009171,09342.144.06$5,153
Feb 20092565932.814.63$3,873
Jan 20096051035.865.37$4,891
Dec 2008561,01537.105.98$8,144
Nov 2008501,96355.496.86$16,241
Oct 2008492,04375.246.92$17,828
Sep 2008381,677101.767.88$17,077
Aug 2008481,121114.228.48$14,992
Jul 2008291,297131.0811.39$18,573
Jun 2008501,574131.3313.03$27,080
May 2008511,584123.1711.57$24,615
Apr 2008491,143110.3110.45$17,355
Mar 2008431,144101.909.66$15,437
Feb 2008401,02392.538.77$12,674
Jan 20085765890.388.21$10,551
Dec 20075984988.337.30$11,411
Nov 2007481,09691.677.29$12,392
Oct 2007621,24082.856.92$13,720
Sep 20075196875.846.24$9,912
Aug 2007451,59369.066.39$13,284
Jul 2007468570.906.39$4,659
Jun 2007211,72862.007.55$14,346
May 20071978558.747.85$7,275
Apr 2007491,06159.617.81$11,202
Mar 20075094756.927.30$9,761
Feb 20072990555.108.22$9,033
Jan 20075458350.306.73$6,638
Dec 200603656.656.92$249
Nov 200604254.207.62$320
Oct 200604354.906.01$259
Sep 200607960.085.04$398
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200602966.286.38$185
May 200609866.016.42$630
Apr 2006029964.397.36$2,201
Mar 2006046456.707.08$3,286
Feb 2006079557.597.75$6,162
Jan 20060060.598.93$0
Dec 2005079154.9413.42$10,612
Nov 200501,28154.6910.59$13,564

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            24 bbl  × $106.41 =     $2,554
Gas                  489 Mcf  × $  3.05 =     $1,489

────────────────────────────────────────────────────
Month total                                   $4,043

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/214565 is the state's own key, not one this site invented.