UNIVERSITY 20-9

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 226240District 08Field 381183002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Jan 2007 – Sep 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
213
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 Gas112007-05-29174508
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
CondensateDisposition5,207 bbl$416,116
GasProduction1,222,100 Mcf$6,891,686
Total$7,307,802

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 31.7295, -103.3336. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72949, -103.33358 · 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
17,609 ft
1 wells filed one
Completion to plug
17.6 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 17,609 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Aug 2024
1 of 1 wells

Last completion to plug: a median of 17.6 years across the 1 well that filed both dates, with the middle half between 17.6 years and 17.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-30131273117,609 ftJan 2007Aug 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 (213)

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

213 months

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 2021303069.865.35$21,168
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 2019074652.782.49$1,858
May 201903,85458.482.74$10,561
Apr 201902,91262.632.75$8,010
Mar 201903,45156.803.06$10,567
Feb 201913,48550.852.79$9,782
Jan 201914,84646.033.23$15,690
Dec 201802,76746.594.19$11,581
Nov 201803,47352.934.24$14,716
Oct 201803,58461.443.40$12,179
Sep 201813,64359.543.11$11,382
Aug 201814,20259.403.07$12,945
Jul 201803,81965.142.93$11,197
Jun 201803,09260.183.08$9,514
May 201814,18065.382.90$12,191
Apr 201804,51163.842.90$13,086
Mar 201814,49161.222.79$12,577
Feb 201815,10561.782.77$14,183
Jan 201801,56562.874.01$6,275
Dec 201704,11257.272.92$12,013
Nov 201702,90755.423.12$9,065
Oct 201702,55449.292.98$7,620
Sep 201712,99347.523.09$9,288
Aug 201713,70145.373.00$11,165
Jul 201713,29943.873.09$10,229
Jun 201703,33842.493.09$10,305
May 201703,74545.373.26$12,221
Apr 20171752,77247.933.21$17,290
Mar 201703,92646.772.98$11,714
Feb 201713,72950.452.95$11,061
Jan 201703,14449.413.42$10,749
Dec 201604,25448.763.72$15,837
Nov 201613,80142.492.64$10,094
Oct 201603,66746.193.09$11,332
Sep 201603,69741.553.10$11,463
Aug 201604,15141.442.92$12,139
Jul 201603,71641.622.92$10,867
Jun 201613,70045.352.69$9,983
May 201603,09042.521.99$6,152
Apr 201603,77236.561.99$7,510
Mar 201612,79133.011.79$5,040
Feb 201624,64226.472.06$9,632
Jan 201612,49227.352.36$5,919
Dec 201513,85532.362.00$7,748
Nov 201503,51138.792.17$7,610
Oct 201502,62343.552.43$6,365
Sep 201503,29742.992.76$9,095
Aug 201502,83340.162.87$8,138
Jul 201504,08548.152.95$12,031
Jun 201504,40656.152.88$12,702
May 201503,44855.212.96$10,190
Apr 201503,55349.822.71$9,616
Mar 201503,34242.892.93$9,808
Feb 201502,60444.662.98$7,750
Jan 201503,90043.433.10$12,092
Dec 201403,76054.693.59$13,504
Nov 201414,06270.464.25$17,341
Oct 20141743,58678.303.90$27,613
Sep 201404,37286.164.05$17,687
Aug 201404,38189.394.04$17,678
Jul 201404,62296.564.18$19,318
Jun 201414,25998.164.74$20,273
May 201403,50994.734.73$16,586
Apr 201414,16695.944.81$20,131
Mar 201403,65395.895.06$18,472
Feb 201413,41497.406.19$21,237
Jan 20141694,56390.404.86$37,457
Dec 201305,17391.824.35$22,526
Nov 201304,03688.853.74$15,088
Oct 201304,91597.423.78$18,576
Sep 201304,867104.113.72$18,094
Aug 20131784,259104.253.52$33,559
Jul 201305,741102.523.72$21,344
Jun 20131774,32594.403.93$33,721
May 201305,35894.834.15$22,231
Apr 201305,43793.964.28$23,284
Mar 20131695,60893.623.91$37,765
Feb 201305,67791.233.42$19,415
Jan 20131775,02591.603.42$33,398
Dec 201206,00486.773.42$20,535
Nov 201204,90786.953.62$17,788
Oct 201205,51789.383.40$18,756
Sep 201205,21194.672.92$15,208
Aug 20121705,93892.662.91$33,021
Jul 201206,35285.133.02$19,188
Jun 20121855,90979.822.52$29,652
May 201206,49191.612.49$16,152
Apr 201208,210101.652.00$16,394
Mar 201201,702105.052.22$3,782
Feb 201205,840101.102.57$15,010
Jan 20121856,54898.092.73$36,049
Dec 201106,82896.873.24$22,121
Nov 201107,03195.723.31$23,282
Oct 201107,69884.983.65$28,086
Sep 201107,37483.623.99$29,391
Aug 20111857,02083.404.15$44,557
Jul 201105,98094.144.52$27,013
Jun 201105,97592.904.64$27,723
May 201116,43598.134.40$28,443
Apr 20111885,185105.964.33$42,389
Mar 201106,49996.364.06$26,369
Feb 201105,07485.644.18$21,209
Jan 201106,59386.504.59$30,254
Dec 201006,65885.734.35$28,947
Nov 201006,14780.843.80$23,330
Oct 201007,45178.103.51$26,145
Sep 20101846,18472.633.98$37,973
Aug 201007,39473.684.42$32,677
Jul 201006,60072.554.74$31,261
Jun 201006,79670.364.91$33,371
May 201007,18871.124.24$30,443
Apr 20101808,04081.694.12$47,851
Mar 201007,23378.394.39$31,743
Feb 201006,51673.585.44$35,462
Jan 201008,36574.365.96$49,890
Dec 200918310,04071.445.48$68,130
Nov 200909,75674.593.75$36,600
Oct 2009010,44372.544.11$42,923
Sep 2009010,22665.543.06$31,340
Aug 200918210,40967.423.22$45,772
Jul 2009010,32161.133.46$35,757
Jun 2009011,37166.163.90$44,290
May 200917912,15854.743.93$57,528
Apr 2009011,34946.773.59$40,715
Mar 2009011,74342.144.06$47,665
Feb 200916711,07032.814.63$56,767
Jan 2009012,40535.865.37$66,627
Dec 2008012,77837.105.98$76,376
Nov 200818512,30055.496.86$94,648
Oct 2008013,55475.246.92$93,821
Sep 200818413,570101.767.88$125,616
Aug 2008014,617114.228.48$123,996
Jul 2008015,163131.0811.39$172,698
Jun 200817615,716131.3313.03$227,935
May 2008017,109123.1711.57$198,025
Apr 2008016,060110.3110.45$167,905
Mar 200817719,266101.909.66$204,224
Feb 2008420,96892.538.77$184,272
Jan 200817623,03590.388.21$204,926
Dec 2007023,87088.337.30$174,298
Nov 2007312,83491.677.29$93,857
Oct 2007019,07782.856.92$132,051
Sep 200717124,30675.846.24$164,739
Aug 2007328,82369.066.39$184,327
Jul 200718031,45870.906.39$213,714
Jun 2007033,76462.007.55$254,866
May 200718740,06358.747.85$325,330
Apr 2007048,65359.617.81$379,746
Mar 200719046,70456.927.30$351,846
Feb 2007641,24155.108.22$339,167
Jan 20073217,04350.306.73$116,255

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           303 bbl  × $ 69.86 =    $21,168
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                  $21,168

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/226240 is the state's own key, not one this site invented.