UNIVERSITY 20-8

Operated by PDEH LLC (P-5 646827) in the HALEY (LWR. WOLFCAMP-PENN CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214592District 08Field 381183002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Dec 2005 – Jul 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
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 193 leases and 193 wells, and the rule below applies to all of them.

Discovered
2005-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 2005-01-13.

The Commission's schedule remark for this field reads: EXCEPT FOR THE SHUT IN WELLHEAD PRESSURE.

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 Gas112006-12-18168370
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
CondensateDisposition1,010 bbl$73,635
GasProduction325,729 Mcf$2,126,033
Total$2,199,668

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 31.7194, -103.3474. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71945, -103.34737 · 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
18,000 ft
1 wells filed one
Completion to plug
17.3 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 18,000 ft.

Completions filed
Nov 2006
1 of 1 wells
Plug dates filed
Mar 2024
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-30131228118,000 ftNov 2006Mar 2024Yes

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 (224)

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

224 months

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 2021199069.865.35$13,902
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 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017015047.933.21$482
Mar 2017016246.772.98$483
Feb 2017016250.452.95$478
Jan 2017018949.413.42$646
Dec 2016020448.763.72$759
Nov 2016021442.492.64$566
Oct 2016023346.193.09$720
Sep 2016022641.553.10$701
Aug 2016033841.442.92$988
Jul 2016038641.622.92$1,129
Jun 2016023245.352.69$623
May 2016088742.521.99$1,766
Apr 201609136.561.99$181
Mar 2016188533.011.79$1,621
Feb 201631,49126.472.06$3,156
Jan 201641,48027.352.36$3,609
Dec 201511,58632.362.00$3,207
Nov 2015029538.792.17$639
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015020748.152.95$610
Jun 2015117056.152.88$546
May 2015048355.212.96$1,427
Apr 2015071549.822.71$1,935
Mar 201501,15942.892.93$3,401
Feb 2015099644.662.98$2,964
Jan 201501,04643.433.10$3,243
Dec 201401,04654.693.59$3,757
Nov 201471,00970.464.25$4,783
Oct 2014088778.303.90$3,460
Sep 2014083386.164.05$3,370
Aug 2014086989.394.04$3,507
Jul 201401,04396.564.18$4,359
Jun 2014052098.164.74$2,463
May 2014092494.734.73$4,367
Apr 2014197195.944.81$4,766
Mar 2014088695.895.06$4,480
Feb 2014156397.406.19$3,584
Jan 201401,14590.404.86$5,566
Dec 201301,18991.824.35$5,177
Nov 201301,08088.853.74$4,037
Oct 201301,11197.423.78$4,199
Sep 201301,084104.113.72$4,030
Aug 201301,043104.253.52$3,674
Jul 201301,046102.523.72$3,889
Jun 201301,21794.403.93$4,787
May 201301,05494.834.15$4,373
Apr 201301,56493.964.28$6,698
Mar 20130093.623.91$0
Feb 2013091691.233.42$3,133
Jan 2013056691.603.42$1,936
Dec 2012089486.773.42$3,058
Nov 201201,29986.953.62$4,709
Oct 201201,37689.383.40$4,678
Sep 201201,31394.672.92$3,832
Aug 201201,35392.662.91$3,935
Jul 201201,32385.133.02$3,997
Jun 201211,28679.822.52$3,319
May 201201,36891.612.49$3,404
Apr 201231,418101.652.00$3,136
Mar 20120361105.052.22$802
Feb 201201,426101.102.57$3,665
Jan 201201,67798.092.73$4,585
Dec 201101,80196.873.24$5,835
Nov 201101,76495.723.31$5,841
Oct 201101,86184.983.65$6,790
Sep 2011060283.623.99$2,399
Aug 201101,76583.404.15$7,324
Jul 201101,63094.144.52$7,363
Jun 201101,62592.904.64$7,540
May 201101,75298.134.40$7,717
Apr 201101,740105.964.33$7,540
Mar 20111801,87896.364.06$24,964
Feb 201121,65785.644.18$7,098
Jan 2011089386.504.59$4,098
Dec 201002,03785.734.35$8,856
Nov 201001,85180.843.80$7,025
Oct 2010077478.103.51$2,716
Sep 201001,93372.633.98$7,692
Aug 201002,12173.684.42$9,373
Jul 201002,16572.554.74$10,255
Jun 201002,13870.364.91$10,498
May 20101822,38471.124.24$23,041
Apr 201002,40981.694.12$9,932
Mar 201002,14978.394.39$9,431
Feb 20101821,70073.585.44$22,644
Jan 2010093274.365.96$5,559
Dec 200902,44671.445.48$13,413
Nov 200902,91874.593.75$10,947
Oct 200902,81172.544.11$11,554
Sep 200902,06865.543.06$6,338
Aug 200901,35367.423.22$4,355
Jul 200902,71961.133.46$9,420
Jun 200902,05466.163.90$8,000
May 2009043254.743.93$1,696
Apr 200901,65346.773.59$5,930
Mar 200902,15842.144.06$8,759
Feb 200901,20432.814.63$5,578
Jan 200903,48535.865.37$18,718
Dec 200802,30537.105.98$13,777
Nov 200802,39855.496.86$16,451
Oct 200802,24475.246.92$15,533
Sep 200802,846101.767.88$22,418
Aug 200801,964114.228.48$16,661
Jul 200803,506131.0811.39$39,931
Jun 200802,717131.3313.03$35,410
May 200802,183123.1711.57$25,267
Apr 200802,308110.3110.45$24,130
Mar 200802,921101.909.66$28,229
Feb 200804,33292.538.77$37,994
Jan 200803,11290.388.21$25,536
Dec 200701,85888.337.30$13,567
Nov 200712,76991.677.29$20,282
Oct 200703,16282.856.92$21,887
Sep 200723,80375.846.24$23,898
Aug 200753,75869.066.39$24,351
Jul 200702,63970.906.39$16,858
Jun 200702,19862.007.55$16,591
May 200723,44958.747.85$27,179
Apr 200713,61959.617.81$28,307
Mar 200705,21256.927.30$38,058
Feb 200702,95755.108.22$24,295
Jan 200704,11350.306.73$27,668
Dec 200604,86756.656.92$33,672
Nov 200606,71954.207.62$51,182
Oct 200605,30854.906.01$31,921
Sep 20061735,45060.085.04$37,847
Aug 200606,28568.717.34$46,131
Jul 200609,62069.376.34$61,017
Jun 2006014,72166.286.38$93,977
May 2006039,70566.016.42$255,105
Apr 2006066864.397.36$4,917
Mar 2006061256.707.08$4,335
Feb 2006582,34557.597.75$21,517
Jan 2006012,69360.598.93$113,391
Dec 2005025,85454.9413.42$346,842

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.

Sep 2021 — as filed, then multipliedworked
Condensate           199 bbl  × $ 69.86 =    $13,902
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                  $13,902

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/214592 is the state's own key, not one this site invented.