UNIVERSITY 20-17

Name: UNIVERSITY 20-17 lease production and value, May 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 216532District 08Field 381183002 tax incentive programmesCondensateGasSave Export

Value, all time

$8.2 M

May 2006 – Jul 2023

Value, last 12 filed months

at the published price for each month

Months reported

207

no gaps in the span

Streams

condensate, gas

The HALEY (LWR. WOLFCAMP-PENN CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2006-08-21	169344
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	5,189 bbl	$356,559
Gas	Production	1,285,633 Mcf	$7,892,906
Total			$8,249,465

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 31.7116, -103.3435. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71161, -103.34348 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

17,805 ft

1 wells filed one

Completion to plug

18.2 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 17,805 ft.

Completions filed

May 2005

1 of 1 wells

Plug dates filed

Jul 2023

1 of 1 wells

Last completion to plug: a median of 18.2 years across the 1 well that filed both dates, with the middle half between 18.2 years and 18.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-30131262	1	17,805 ft	May 2005	Jul 2023	Yes

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 (207)

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

207 months


Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	103	0	69.86	5.35	$7,196
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	163	0	36.97	2.48	$6,026
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	2	46.59	4.19	$8
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	272	45.37	3.00	$817
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	350	42.49	3.09	$1,081
May 2017	0	651	45.37	3.26	$2,124
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	137	46.19	3.09	$423
Sep 2016	1	23,391	41.55	3.10	$72,568
Aug 2016	1	4,278	41.44	2.92	$12,552
Jul 2016	0	294	41.62	2.92	$860
Jun 2016	0	0	45.35	2.69	$0
May 2016	1	1	42.52	1.99	$45
Apr 2016	1	7	36.56	1.99	$51
Mar 2016	2	1,494	33.01	1.79	$2,746
Feb 2016	5	599	26.47	2.06	$1,368
Jan 2016	9	2,498	27.35	2.36	$6,152
Dec 2015	2	2,954	32.36	2.00	$5,977
Nov 2015	0	1,299	38.79	2.17	$2,815
Oct 2015	0	2,431	43.55	2.43	$5,899
Sep 2015	0	2,763	42.99	2.76	$7,622
Aug 2015	0	2,334	40.16	2.87	$6,704
Jul 2015	3	2,815	48.15	2.95	$8,435
Jun 2015	9	3,538	56.15	2.88	$10,705
May 2015	0	4,639	55.21	2.96	$13,710
Apr 2015	0	5,489	49.82	2.71	$14,856
Mar 2015	0	5,880	42.89	2.93	$17,256
Feb 2015	0	525	44.66	2.98	$1,563
Jan 2015	0	392	43.43	3.10	$1,215
Dec 2014	0	616	54.69	3.59	$2,212
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	4	96.56	4.18	$17
Jun 2014	0	19	98.16	4.74	$90
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	11	95.94	4.81	$53
Mar 2014	0	1,412	95.89	5.06	$7,140
Feb 2014	11	7,561	97.40	6.19	$47,889
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	9	91.82	4.35	$39
Nov 2013	0	109	88.85	3.74	$407
Oct 2013	0	3,166	97.42	3.78	$11,965
Sep 2013	0	3,659	104.11	3.72	$13,603
Aug 2013	0	4,947	104.25	3.52	$17,426
Jul 2013	0	4,142	102.52	3.72	$15,399
Jun 2013	0	4,500	94.40	3.93	$17,700
May 2013	0	4,749	94.83	4.15	$19,704
Apr 2013	0	4,819	93.96	4.28	$20,638
Mar 2013	0	5,220	93.62	3.91	$20,425
Feb 2013	0	4,780	91.23	3.42	$16,347
Jan 2013	0	4,456	91.60	3.42	$15,239
Dec 2012	0	5,303	86.77	3.42	$18,137
Nov 2012	0	5,369	86.95	3.62	$19,462
Oct 2012	0	4,678	89.38	3.40	$15,904
Sep 2012	0	4,513	94.67	2.92	$13,171
Aug 2012	0	6,590	92.66	2.91	$19,165
Jul 2012	0	4,062	85.13	3.02	$12,270
Jun 2012	0	5,051	79.82	2.52	$12,724
May 2012	0	7,565	91.61	2.49	$18,824
Apr 2012	0	1,184	101.65	2.00	$2,364
Mar 2012	0	128	105.05	2.22	$284
Feb 2012	0	4,237	101.10	2.57	$10,890
Jan 2012	0	5,664	98.09	2.73	$15,486
Dec 2011	0	5,933	96.87	3.24	$19,221
Nov 2011	0	4,368	95.72	3.31	$14,464
Oct 2011	0	5,427	84.98	3.65	$19,801
Sep 2011	0	7,560	83.62	3.99	$30,133
Aug 2011	0	6,414	83.40	4.15	$26,614
Jul 2011	0	4,611	94.14	4.52	$20,829
Jun 2011	0	5,709	92.90	4.64	$26,489
May 2011	0	4,839	98.13	4.40	$21,315
Apr 2011	0	5,710	105.96	4.33	$24,743
Mar 2011	0	5,961	96.36	4.06	$24,186
Feb 2011	0	6,045	85.64	4.18	$25,268
Jan 2011	0	7,105	86.50	4.59	$32,603
Dec 2010	0	3,865	85.73	4.35	$16,804
Nov 2010	0	4,212	80.84	3.80	$15,986
Oct 2010	0	6,317	78.10	3.51	$22,166
Sep 2010	0	3,659	72.63	3.98	$14,561
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	4,347	72.55	4.74	$20,590
Jun 2010	181	4,977	70.36	4.91	$37,174
May 2010	1	4,433	71.12	4.24	$18,846
Apr 2010	0	4,182	81.69	4.12	$17,241
Mar 2010	0	4,262	78.39	4.39	$18,705
Feb 2010	181	4,133	73.58	5.44	$35,811
Jan 2010	1	4,868	74.36	5.96	$29,108
Dec 2009	0	4,915	71.44	5.48	$26,953
Nov 2009	0	4,662	74.59	3.75	$17,489
Oct 2009	0	6,684	72.54	4.11	$27,473
Sep 2009	0	7,981	65.54	3.06	$24,460
Aug 2009	1	4,521	67.42	3.22	$14,618
Jul 2009	182	5,163	61.13	3.46	$29,013
Jun 2009	179	6,638	66.16	3.90	$37,698
May 2009	0	8,943	54.74	3.93	$35,108
Apr 2009	178	7,099	46.77	3.59	$33,793
Mar 2009	0	9,541	42.14	4.06	$38,727
Feb 2009	0	8,518	32.81	4.63	$39,464
Jan 2009	0	3,052	35.86	5.37	$16,392
Dec 2008	0	3,112	37.10	5.98	$18,601
Nov 2008	182	5,368	55.49	6.86	$46,926
Oct 2008	0	8,801	75.24	6.92	$60,920
Sep 2008	1	12,288	101.76	7.88	$96,895
Aug 2008	183	13,478	114.22	8.48	$135,236
Jul 2008	181	13,299	131.08	11.39	$175,194
Jun 2008	0	16,340	131.33	13.03	$212,953
May 2008	0	13,143	123.17	11.57	$152,121
Apr 2008	0	11,657	110.31	10.45	$121,872
Mar 2008	178	22,698	101.90	9.66	$237,493
Feb 2008	2	25,529	92.53	8.77	$224,089
Jan 2008	16	25,131	90.38	8.21	$207,664
Dec 2007	0	9,531	88.33	7.30	$69,595
Nov 2007	6	16,770	91.67	7.29	$122,832
Oct 2007	0	12,513	82.85	6.92	$86,615
Sep 2007	2	3,352	75.84	6.24	$21,082
Aug 2007	10	7,775	69.06	6.39	$50,357
Jul 2007	11	19,938	70.90	6.39	$128,143
Jun 2007	3	8,567	62.00	7.55	$64,854
May 2007	8	6,646	58.74	7.85	$52,616
Apr 2007	4	12,907	59.61	7.81	$100,980
Mar 2007	8	21,551	56.92	7.30	$157,820
Feb 2007	16	13,310	55.10	8.22	$110,237
Jan 2007	180	15,555	50.30	6.73	$113,690
Dec 2006	3	21,474	56.65	6.92	$148,737
Nov 2006	191	25,308	54.20	7.62	$203,135
Oct 2006	12	23,525	54.90	6.01	$142,133
Sep 2006	406	49,371	60.08	5.04	$273,084
Aug 2006	610	72,350	68.71	7.34	$572,956
Jul 2006	373	108,253	69.37	6.34	$712,498
Jun 2006	1,282	213,412	66.28	6.38	$1,447,368
May 2006	106	78,471	66.01	6.42	$511,173

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           103 bbl  × $ 69.86 =     $7,196
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                   $7,196

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/216532 is the state's own key, not one this site invented.