UNIVERSITY 20-21

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 230232District 08Field 381183002 tax incentive programmesCondensateGasSaveExport
Value, all time
$88.5 M
Apr 2007 – Sep 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 Gas112007-11-26178665
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
CondensateDisposition5,395 bbl$440,535
GasProduction13,211,468 Mcf$88,068,254
Total$88,508,789

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 31.7007, -103.3305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70072, -103.33047 · 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
17,750 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 17,750 ft.

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

42-30131331117,750 ftApr 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 (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

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 202190069.865.35$6,287
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 201907,44555.302.75$20,479
Oct 201905,91053.472.42$14,294
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201903,19952.782.49$7,969
May 2019010,67158.482.74$29,242
Apr 2019017,34262.632.75$47,703
Mar 2019016,28156.803.06$49,854
Feb 2019119,44550.852.79$54,346
Jan 2019021,26146.033.23$68,634
Dec 201809,67146.594.19$40,477
Nov 2018017,50152.934.24$74,156
Oct 2018017,47961.443.40$59,395
Sep 2018116,50959.543.11$51,370
Aug 2018019,60759.403.07$60,126
Jul 2018019,55165.142.93$57,321
Jun 2018019,60960.183.08$60,335
May 2018018,07065.382.90$52,417
Apr 2018019,50063.842.90$56,566
Mar 2018018,08361.222.79$50,394
Feb 2018016,30661.782.77$45,104
Jan 2018017,96662.874.01$72,031
Dec 2017018,28857.272.92$53,429
Nov 2017018,23855.423.12$56,873
Oct 2017019,40249.292.98$57,889
Sep 2017114,27347.523.09$44,112
Aug 2017218,41545.373.00$55,417
Jul 2017121,32643.873.09$65,883
Jun 2017014,37242.493.09$44,370
May 2017019,01445.373.26$62,050
Apr 2017020,63347.933.21$66,265
Mar 2017021,36346.772.98$63,740
Feb 2017115,51250.452.95$45,851
Jan 2017017,10949.413.42$58,492
Dec 2016020,46948.763.72$76,203
Nov 2016119,77342.492.64$52,329
Oct 2016022,18446.193.09$68,554
Sep 2016120,76941.553.10$64,439
Aug 2016019,73141.442.92$57,700
Jul 2016021,30241.622.92$62,294
Jun 2016119,69845.352.69$52,951
May 2016017,88342.521.99$35,606
Apr 2016016,86336.561.99$33,575
Mar 2016117,58433.011.79$31,579
Feb 2016217,23126.472.06$35,611
Jan 2016319,25627.352.36$45,610
Dec 2015118,41132.362.00$36,880
Nov 2015018,63438.792.17$40,386
Oct 2015020,46043.552.43$49,648
Sep 2015021,98942.992.76$60,655
Aug 2015014,23340.162.87$40,884
Jul 2015014,43248.152.95$42,503
Jun 2015013,98856.152.88$40,325
May 2015016,62855.212.96$49,143
Apr 2015019,24949.822.71$52,099
Mar 2015016,82742.892.93$49,382
Feb 2015015,22244.662.98$45,304
Jan 2015016,18443.433.10$50,181
Dec 2014017,42454.693.59$62,576
Nov 2014019,83770.464.25$84,344
Oct 2014016,85078.303.90$65,731
Sep 2014014,83386.164.05$60,006
Aug 2014018,57589.394.04$74,952
Jul 2014020,47796.564.18$85,586
Jun 2014119,52298.164.74$92,572
May 2014020,44494.734.73$96,630
Apr 2014020,35895.944.81$97,904
Mar 2014022,22395.895.06$112,377
Feb 2014117,24897.406.19$106,897
Jan 2014022,46490.404.86$109,191
Dec 2013023,84291.824.35$103,820
Nov 2013021,31988.853.74$79,696
Oct 2013023,16797.423.78$87,556
Sep 2013019,540104.113.72$72,645
Aug 2013017,776104.253.52$62,618
Jul 2013018,751102.523.72$69,711
Jun 2013017,95194.403.93$70,609
May 2013024,56594.834.15$101,922
Apr 2013024,93493.964.28$106,782
Mar 2013026,47193.623.91$103,578
Feb 2013024,59291.233.42$84,102
Jan 2013023,73891.603.42$81,182
Dec 2012025,14886.773.42$86,010
Nov 2012024,85086.953.62$90,080
Oct 2012026,97789.383.40$91,713
Sep 2012027,91794.672.92$81,473
Aug 2012030,37892.662.91$88,344
Jul 2012025,71685.133.02$77,683
Jun 2012026,67379.822.52$67,190
May 2012328,79591.612.49$71,926
Apr 2012029,925101.652.00$59,754
Mar 201205,598105.052.22$12,439
Feb 2012025,971101.102.57$66,752
Jan 2012030,07798.092.73$82,233
Dec 2011028,34096.873.24$91,814
Nov 2011028,56595.723.31$94,587
Oct 2011030,84884.983.65$112,550
Sep 2011030,89283.623.99$123,129
Aug 201119226,01983.404.15$123,974
Jul 2011031,22594.144.52$141,051
Jun 2011031,64292.904.64$146,815
May 2011031,11898.134.40$137,069
Apr 2011033,147105.964.33$143,635
Mar 2011031,52796.364.06$127,916
Feb 2011022,56285.644.18$94,309
Jan 2011035,80386.504.59$164,292
Dec 2010039,55185.734.35$171,958
Nov 2010039,08780.843.80$148,348
Oct 2010041,65778.103.51$146,170
Sep 2010037,92572.633.98$150,921
Aug 201017237,73073.684.42$179,415
Jul 2010031,85572.554.74$150,881
Jun 2010025,47570.364.91$125,092
May 2010054,37871.124.24$230,303
Apr 2010062,94181.694.12$259,486
Mar 2010091,25478.394.39$400,484
Feb 201017591,89273.585.44$512,986
Jan 20100103,75274.365.96$618,786
Dec 20090106,48571.445.48$583,937
Nov 20090125,35474.593.75$470,266
Oct 20090140,65972.544.11$578,144
Sep 2009176127,50865.543.06$402,315
Aug 20090137,98167.423.22$444,092
Jul 20090166,18061.133.46$575,731
Jun 20090188,15666.163.90$732,868
May 20090228,51054.743.93$897,073
Apr 2009169225,42746.773.59$816,623
Mar 2009178216,25142.144.06$885,264
Feb 20090137,17132.814.63$635,513
Jan 2009152162,80135.865.37$879,855
Dec 2008178204,99937.105.98$1,231,912
Nov 20080216,35655.496.86$1,484,280
Oct 2008166246,31175.246.92$1,717,450
Sep 2008162276,699101.767.88$2,196,068
Aug 2008181310,021114.228.48$2,650,588
Jul 2008179352,182131.0811.39$4,034,616
Jun 2008180349,780131.3313.03$4,582,193
May 2008176392,575123.1711.57$4,565,455
Apr 2008183420,722110.3110.45$4,418,776
Mar 2008168505,383101.909.66$4,901,176
Feb 2008346493,76392.538.77$4,362,603
Jan 2008176516,74590.388.21$4,256,177
Dec 2007357501,58288.337.30$3,694,071
Nov 2007181504,61791.677.29$3,696,108
Oct 2007347495,35582.856.92$3,457,586
Sep 2007183162,92675.846.24$1,031,215
Aug 2007362542,72969.066.39$3,491,920
Jul 20070550,35070.906.39$3,515,603
Jun 2007361549,20462.007.55$4,168,021
May 2007177579,95758.747.85$4,560,902
Apr 20076284,26759.617.81$2,219,118

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            90 bbl  × $ 69.86 =     $6,287
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                   $6,287

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/230232 is the state's own key, not one this site invented.