UNIVERSITY 20-22

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 230085District 08Field 381183002 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.0 M
Aug 2007 – Sep 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
206
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 Gas112007-10-30178382
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
CondensateDisposition601 bbl$47,593
GasProduction3,396,637 Mcf$20,993,957
Total$21,041,550

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 31.6977, -103.3137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69768, -103.31371 · 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
17,838 ft
1 wells filed one
Completion to plug
17.0 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 17,838 ft.

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

Last completion to plug: a median of 17.0 years across the 1 well that filed both dates, with the middle half between 17.0 years and 17.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49533244117,838 ftAug 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 (206)

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

206 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 2021220069.865.35$15,369
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 201901,51955.302.75$4,178
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201901,81852.782.49$4,529
May 201904,12258.482.74$11,296
Apr 201903,85562.632.75$10,604
Mar 201904,18856.803.06$12,824
Feb 201903,69150.852.79$10,306
Jan 201903,64046.033.23$11,751
Dec 201802,57646.594.19$10,782
Nov 201804,91052.934.24$20,805
Oct 201805,09461.443.40$17,310
Sep 201804,86459.543.11$15,117
Aug 201805,10359.403.07$15,649
Jul 201805,09565.142.93$14,938
Jun 201805,05460.183.08$15,551
May 201807,48165.382.90$21,701
Apr 201807,60063.842.90$22,046
Mar 201805,25261.222.79$14,636
Feb 201803,06061.782.77$8,464
Jan 201804,19962.874.01$16,835
Dec 201705,06057.272.92$14,783
Nov 201705,41055.423.12$16,870
Oct 201703,94249.292.98$11,762
Sep 201703,35247.523.09$10,349
Aug 201705,04945.373.00$15,169
Jul 201706,06743.873.09$18,731
Jun 201704,22442.493.09$13,041
May 201705,04245.373.26$16,454
Apr 201705,88947.933.21$18,913
Mar 201706,21846.772.98$18,553
Feb 201704,52350.452.95$13,355
Jan 201706,21049.413.42$21,231
Dec 201606,63548.763.72$24,701
Nov 201606,57442.492.64$17,384
Oct 201606,71246.193.09$20,742
Sep 201606,87841.553.10$21,326
Aug 201607,46441.442.92$21,827
Jul 201607,77741.622.92$22,743
Jun 201605,37745.352.69$14,442
May 201605,99342.521.99$11,932
Apr 201606,52936.561.99$13,000
Mar 201607,35233.011.79$13,190
Feb 201607,16626.472.06$14,788
Jan 201607,20227.352.36$17,028
Dec 201507,02032.362.00$14,050
Nov 201506,94338.792.17$15,048
Oct 201507,62043.552.43$18,491
Sep 201508,26242.992.76$22,790
Aug 201506,29640.162.87$18,085
Jul 201508,63548.152.95$25,431
Jun 201508,94856.152.88$25,796
May 201508,97855.212.96$26,534
Apr 201508,16949.822.71$22,110
Mar 201504,52442.892.93$13,277
Feb 201504,74244.662.98$14,113
Jan 201505,86843.433.10$18,195
Dec 201407,52054.693.59$27,007
Nov 2014010,62870.464.25$45,189
Oct 201408,03278.303.90$31,333
Sep 201408,72086.164.05$35,276
Aug 2014012,68289.394.04$51,173
Jul 201409,47696.564.18$39,606
Jun 201405,84498.164.74$27,682
May 201406,47094.734.73$30,581
Apr 201408,10095.944.81$38,954
Mar 201406,44695.895.06$32,596
Feb 201405,77397.406.19$35,746
Jan 201407,93390.404.86$38,560
Dec 201306,91991.824.35$30,129
Nov 201307,45088.853.74$27,850
Oct 201307,47297.423.78$28,239
Sep 201309,138104.113.72$33,973
Aug 201307,618104.253.52$26,835
Jul 201308,886102.523.72$33,036
Jun 201309,88194.403.93$38,866
May 2013010,27094.834.15$42,611
Apr 2013010,42293.964.28$44,633
Mar 2013010,43993.623.91$40,846
Feb 2013510,05291.233.42$34,833
Jan 2013010,77691.603.42$36,853
Dec 2012011,64786.773.42$39,835
Nov 2012010,52686.953.62$38,156
Oct 2012011,25489.383.40$38,260
Sep 2012010,90194.672.92$31,813
Aug 2012013,02092.662.91$37,864
Jul 2012013,82185.133.02$41,750
Jun 2012014,27079.822.52$35,947
May 2012014,11291.612.49$35,115
Apr 2012015,018101.652.00$29,988
Mar 201201,395105.052.22$3,100
Feb 2012010,375101.102.57$26,666
Jan 2012012,89498.092.73$35,253
Dec 2011012,03696.873.24$38,994
Nov 2011013,18095.723.31$43,643
Oct 2011014,20884.983.65$51,838
Sep 2011014,95483.623.99$59,604
Aug 2011013,01483.404.15$53,999
Jul 2011010,76994.144.52$48,646
Jun 2011015,30892.904.64$71,027
May 2011014,46098.134.40$63,694
Apr 2011018,779105.964.33$81,375
Mar 2011016,39896.364.06$66,532
Feb 2011013,42985.644.18$56,133
Jan 2011017,09886.504.59$78,459
Dec 2010017,86885.734.35$77,686
Nov 2010018,32880.843.80$69,561
Oct 2010018,02378.103.51$63,241
Sep 2010118,61372.633.98$74,143
Aug 2010118,53473.684.42$81,982
Jul 2010018,82472.554.74$89,160
Jun 2010016,61170.364.91$81,567
May 2010021,72571.124.24$92,010
Apr 2010027,59481.694.12$113,762
Mar 2010020,45078.394.39$89,748
Feb 2010024,52073.585.44$133,447
Jan 2010027,74574.365.96$165,474
Dec 2009026,41171.445.48$144,831
Nov 2009030,19874.593.75$113,288
Oct 2009034,62472.544.11$142,313
Sep 2009034,41965.543.06$105,486
Aug 2009034,40567.423.22$110,732
Jul 2009040,18261.133.46$139,211
Jun 2009045,22666.163.90$176,155
May 2009049,53554.743.93$194,462
Apr 2009031,75346.773.59$113,914
Mar 2009437,82542.144.06$153,700
Feb 2009039,00832.814.63$180,724
Jan 2009052,42035.865.37$281,548
Dec 2008077,12637.105.98$460,993
Nov 2008348,10855.496.86$330,205
Oct 2008046,91375.246.92$324,731
Sep 2008052,110101.767.88$410,475
Aug 2008058,520114.228.48$496,426
Jul 2008067,972131.0811.39$774,162
Jun 2008069,848131.3313.03$910,303
May 2008086,906123.1711.57$1,005,875
Apr 2008092,578110.3110.45$967,890
Mar 20080112,048101.909.66$1,082,840
Feb 20080135,33592.538.77$1,186,966
Jan 20080156,05090.388.21$1,280,504
Dec 2007159158,05588.337.30$1,168,157
Nov 20071192,35391.677.29$1,402,672
Oct 2007207271,24782.856.92$1,894,716
Sep 20070111,07275.846.24$693,551
Aug 20070123,97169.066.39$791,919

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           220 bbl  × $ 69.86 =    $15,369
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                  $15,369

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/230085 is the state's own key, not one this site invented.