UNIVERSITY 19-9

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 228681District 08Field 381183002 tax incentive programmesCondensateGasSaveExport
Value, all time
$43.7 M
May 2007 – Oct 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
210
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 Gas112007-08-28176677
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
CondensateDisposition9,727 bbl$735,974
GasProduction7,805,804 Mcf$42,961,566
Total$43,697,540

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 31.7084, -103.4135. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70837, -103.41347 · 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
17,950 ft
1 wells filed one
Completion to plug
17.1 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 17,950 ft.

Completions filed
May 2007
1 of 1 wells
Plug dates filed
Jun 2024
1 of 1 wells

Last completion to plug: a median of 17.1 years across the 1 well that filed both dates, with the middle half between 17.1 years and 17.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-30131333117,950 ftMay 2007Jun 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 (210)

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

210 months

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 2021282069.865.35$19,701
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 2019011,34155.302.75$31,196
Oct 2019017,81753.472.42$43,091
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201935,05052.782.49$12,739
May 201918318,55458.482.74$61,546
Apr 2019016,74762.632.75$46,066
Mar 2019013,67356.803.06$41,868
Feb 2019114,67450.852.79$41,024
Jan 2019016,58646.033.23$53,543
Dec 201813114,20446.594.19$65,553
Nov 2018015,83752.934.24$67,105
Oct 2018015,06061.443.40$51,175
Sep 2018019,19159.543.11$59,646
Aug 2018115,84759.403.07$48,655
Jul 2018020,88465.142.93$61,229
Jun 2018120,31860.183.08$62,577
May 2018022,59765.382.90$65,549
Apr 2018121,00063.842.90$60,981
Mar 2018121,90061.222.79$61,093
Feb 2018114,53961.782.77$40,278
Jan 201818216,96762.874.01$79,468
Dec 2017116,71957.272.92$48,902
Nov 2017117,82655.423.12$55,643
Oct 2017716,98249.292.98$51,014
Sep 2017820,31247.523.09$63,089
Aug 2017821,82945.373.00$65,946
Jul 2017320,06443.873.09$62,075
Jun 2017021,10942.493.09$65,169
May 201736121,88445.373.26$87,795
Apr 2017021,48847.933.21$69,011
Mar 2017122,62646.772.98$67,556
Feb 2017220,82750.452.95$61,595
Jan 201718714,93949.413.42$60,313
Dec 2016020,54048.763.72$76,467
Nov 2016220,79242.492.64$55,066
Oct 2016020,48046.193.09$63,289
Sep 2016118,92141.553.10$58,709
Aug 2016123,77541.442.92$69,568
Jul 201618523,95441.622.92$77,749
Jun 2016323,19745.352.69$62,439
May 2016223,48042.521.99$46,835
Apr 2016123,51336.561.99$46,852
Mar 2016224,92833.011.79$44,787
Feb 2016623,14726.472.06$47,926
Jan 2016824,27527.352.36$57,614
Dec 2015121,34832.362.00$42,758
Nov 2015023,77638.792.17$51,530
Oct 2015026,09943.552.43$63,331
Sep 201517419,97942.992.76$62,591
Aug 2015026,41040.162.87$75,862
Jul 2015226,43048.152.95$77,935
Jun 201518525,40756.152.88$83,633
May 2015026,76655.212.96$79,106
Apr 2015026,65649.822.71$72,146
Mar 2015026,07142.892.93$76,511
Feb 2015024,00944.662.98$71,455
Jan 2015025,47043.433.10$78,973
Dec 2014024,74454.693.59$88,865
Nov 2014220,51270.464.25$87,355
Oct 2014026,65378.303.90$103,972
Sep 2014027,21386.164.05$110,089
Aug 2014029,02689.394.04$117,123
Jul 2014030,33396.564.18$126,780
Jun 2014229,57898.164.74$140,304
May 2014030,76894.734.73$145,427
Apr 2014130,43295.944.81$146,447
Mar 2014033,20495.895.06$167,906
Feb 2014220,76097.406.19$128,741
Jan 2014025,08890.404.86$121,946
Dec 2013028,25391.824.35$123,027
Nov 2013029,20788.853.74$109,184
Oct 2013031,95397.423.78$120,762
Sep 2013028,311104.113.72$105,253
Aug 2013030,345104.253.52$106,894
Jul 2013032,944102.523.72$122,477
Jun 2013030,46294.403.93$119,820
May 2013031,30494.834.15$129,883
Apr 2013031,77393.964.28$136,071
Mar 20135433,53693.623.91$136,277
Feb 2013029,23091.233.42$99,964
Jan 2013032,55491.603.42$111,332
Dec 20122233,28486.773.42$115,746
Nov 2012034,74386.953.62$125,942
Oct 201218936,98289.383.40$142,620
Sep 2012036,97694.672.92$107,911
Aug 2012038,96192.662.91$113,305
Jul 2012040,02185.133.02$120,895
Jun 201218239,94179.822.52$115,140
May 2012044,13591.612.49$109,822
Apr 2012045,950101.652.00$91,753
Mar 2012010,272105.052.22$22,825
Feb 2012036,593101.102.57$94,053
Jan 201218141,65398.092.73$131,637
Dec 2011041,91796.873.24$135,800
Nov 2011043,44495.723.31$143,855
Oct 2011046,67284.983.65$170,285
Sep 201119546,26383.623.99$200,701
Aug 2011045,38883.404.15$188,329
Jul 2011549,43994.144.52$223,799
Jun 201118648,96092.904.64$244,448
May 2011051,56198.134.40$227,117
Apr 2011051,548105.964.33$223,372
Mar 2011055,80996.364.06$226,436
Feb 2011043,79785.644.18$183,071
Jan 201118853,23586.504.59$260,546
Dec 2010056,98585.734.35$247,757
Nov 201018457,92980.843.80$234,734
Oct 2010061,65878.103.51$216,351
Sep 2010160,92372.633.98$242,514
Aug 201018163,80973.684.42$295,331
Jul 2010066,66072.554.74$315,734
Jun 2010067,19070.364.91$329,930
May 201018671,62271.124.24$316,563
Apr 2010071,54881.694.12$294,970
Mar 201018174,69578.394.39$342,000
Feb 2010069,03973.585.44$375,735
Jan 201018177,72674.365.96$477,024
Dec 2009080,15171.445.48$439,528
Nov 2009082,38774.593.75$309,075
Oct 200917991,46072.544.11$388,908
Sep 2009469,44665.543.06$213,097
Aug 200917285,01867.423.22$285,227
Jul 2009085,30161.133.46$295,525
Jun 200917785,03366.163.90$342,914
May 200918388,80454.743.93$358,640
Apr 2009088,12846.773.59$316,159
Mar 200918076,09342.144.06$316,447
Feb 2009475,04932.814.63$347,833
Jan 200924298,20235.865.37$536,121
Dec 200898106,15537.105.98$638,139
Nov 2008197110,24355.496.86$767,238
Oct 2008181114,67975.246.92$807,424
Sep 20080115,699101.767.88$911,371
Aug 2008362126,072114.228.48$1,110,819
Jul 2008181138,487131.0811.39$1,601,013
Jun 2008179141,938131.3313.03$1,873,334
May 2008177130,001123.1711.57$1,526,470
Apr 2008180131,264110.3110.45$1,392,203
Mar 2008182154,172101.909.66$1,508,475
Feb 2008344158,00992.538.77$1,417,661
Jan 2008159176,31890.388.21$1,461,188
Dec 2007352172,22688.337.30$1,288,681
Nov 2007184183,38891.677.29$1,354,078
Oct 2007335200,87982.856.92$1,418,235
Sep 2007187111,27875.846.24$709,020
Aug 2007186256,19469.066.39$1,649,397
Jul 2007481278,56570.906.39$1,813,559
Jun 2007548330,57962.007.55$2,529,335
May 20071110,26158.747.85$81,157

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           282 bbl  × $ 69.86 =    $19,701
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                  $19,701

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/228681 is the state's own key, not one this site invented.