UNIVERSITY 20-3

Operated by SHELL WESTERN E&P (P-5 774719) 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 238797District 08Field 38118300CondensateGasSave
Value, all time
$5.8 M
Dec 2007 – Dec 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
169
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition1,236 bbl$106,019
GasProduction944,307 Mcf$5,661,297
Total$5,767,317

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 31.7467, -103.3299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74668, -103.32992 · 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
17,550 ft
1 wells filed one
Completion to plug
10.6 years
median over 1 wells

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 17,550 ft.

Completions filed
Dec 2007
1 of 1 wells
Plug dates filed
Jul 2018
1 of 1 wells

Last completion to plug: a median of 10.6 years across the 1 well that filed both dates, with the middle half between 10.6 years and 10.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-30131346117,550 ftDec 2007Jul 2018Yes

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 (169)

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

169 months

Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
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 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20188061.443.40$492
Sep 2018220059.543.11$13,099
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201702,31055.423.12$7,203
Oct 201714,67349.292.98$13,992
Sep 201733,66347.523.09$11,451
Aug 201734,15045.373.00$12,604
Jul 201714,01843.873.09$12,449
Jun 201702,90742.493.09$8,975
May 201703,01945.373.26$9,852
Apr 201702,28447.933.21$7,335
Mar 201701,50646.772.98$4,493
Feb 2017045150.452.95$1,332
Jan 201709749.413.42$332
Dec 2016046248.763.72$1,720
Nov 20160042.492.64$0
Oct 201601,13246.193.09$3,498
Sep 201601,12541.553.10$3,488
Aug 201601,09241.442.92$3,193
Jul 2016076541.622.92$2,237
Jun 201611,24745.352.69$3,395
May 201613,41842.521.99$6,848
Apr 201614,87836.561.99$9,749
Mar 201625,09333.011.79$9,203
Feb 201655,07126.472.06$10,597
Jan 2016105,43027.352.36$13,112
Dec 201515,42232.362.00$10,884
Nov 201505,39838.792.17$11,699
Oct 201505,69743.552.43$13,824
Sep 201505,46542.992.76$15,075
Aug 201505,50740.162.87$15,819
Jul 201515,47148.152.95$16,161
Jun 201525,33456.152.88$15,489
May 201505,05755.212.96$14,946
Apr 201504,13549.822.71$11,192
Mar 201504,18242.892.93$12,273
Feb 2015083444.662.98$2,482
Jan 2015012943.433.10$400
Dec 201401,22954.693.59$4,414
Nov 2014148470.464.25$2,128
Oct 201401,10378.303.90$4,303
Sep 201401,80586.164.05$7,302
Aug 201403,67589.394.04$14,829
Jul 201402,10296.564.18$8,786
Jun 201411,01698.164.74$4,911
May 201401,12894.734.73$5,332
Apr 201421,37495.944.81$6,800
Mar 201401,29295.895.06$6,533
Feb 2014052697.406.19$3,257
Jan 2014099390.404.86$4,827
Dec 201302,21391.824.35$9,636
Nov 201301,48088.853.74$5,533
Oct 201301,25797.423.78$4,751
Sep 201301,228104.113.72$4,565
Aug 201301,221104.253.52$4,301
Jul 201301,460102.523.72$5,428
Jun 201305,11894.403.93$20,131
May 201303,99194.834.15$16,559
Apr 201304,04993.964.28$17,340
Mar 201306,20393.623.91$24,272
Feb 201302,57191.233.42$8,793
Jan 2013583,37391.603.42$16,848
Dec 2012306,75686.773.42$25,710
Nov 201206,18586.953.62$22,420
Oct 201207,15789.383.40$24,332
Sep 201206,61894.672.92$19,314
Aug 2012317,08192.662.91$23,465
Jul 2012917,29685.133.02$29,787
Jun 2012566,96879.822.52$22,023
May 2012176,32291.612.49$17,289
Apr 2012434,806101.652.00$13,968
Mar 20125583105.052.22$1,821
Feb 2012567,117101.102.57$23,954
Jan 20121008,03998.092.73$31,788
Dec 201108,14996.873.24$26,401
Nov 201108,11195.723.31$26,858
Oct 201108,42584.983.65$30,739
Sep 201106,00383.623.99$23,927
Aug 201102,85983.404.15$11,863
Jul 201102,31894.144.52$10,471
Jun 201108,47992.904.64$39,342
May 201119,07698.134.40$40,076
Apr 201108,943105.964.33$38,753
Mar 201107,31896.364.06$29,692
Feb 201102,78685.644.18$11,645
Jan 201106,17286.504.59$28,322
Dec 201012,39785.734.35$10,507
Nov 201004,77280.843.80$18,111
Oct 201008,30078.103.51$29,124
Sep 201005,13972.633.98$20,451
Aug 201008,11473.684.42$35,859
Jul 2010011,13772.554.74$52,750
Jun 201003,97370.364.91$19,509
May 2010012,61871.124.24$53,440
Apr 2010011,21781.694.12$46,244
Mar 2010010,68678.394.39$46,897
Feb 2010011,71173.585.44$63,735
Jan 2010010,26474.365.96$61,215
Dec 200907,71471.445.48$42,302
Nov 200906,78274.593.75$25,443
Oct 200907,26572.544.11$29,861
Sep 200908,13065.543.06$24,916
Aug 200995,40567.423.22$18,003
Jul 200909,82161.133.46$34,025
Jun 200903,45566.163.90$13,457
May 2009415,34754.743.93$60,467
Apr 2009014,46046.773.59$51,875
Mar 200908,27942.144.06$33,604
Feb 2009013,98332.814.63$64,783
Jan 2009016,90435.865.37$90,791
Dec 2008013,45137.105.98$80,399
Nov 2008015,50455.496.86$106,363
Oct 2008018,35975.246.92$127,081
Sep 2008019,839101.767.88$156,274
Aug 2008021,081114.228.48$178,831
Jul 2008025,235131.0811.39$287,412
Jun 2008027,855131.3313.03$363,024
May 2008023,007123.1711.57$266,290
Apr 2008027,088110.3110.45$283,201
Mar 200819437,308101.909.66$380,316
Feb 200819546,41892.538.77$425,156
Jan 2008181,06690.388.21$665,296
Dec 20078054,34388.337.30$403,877

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.

Oct 2018 — as filed, then multipliedworked
Condensate             8 bbl  × $ 61.44 =       $492
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                     $492

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/238797 is the state's own key, not one this site invented.