UNIVERSITY 20-34

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 239058District 08Field 381183002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Jan 2008 – Sep 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
201
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 Gas112008-09-23182507
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
CondensateDisposition262 bbl$25,865
GasProduction738,157 Mcf$4,001,932
Total$4,027,797

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 31.6775, -103.3039. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67748, -103.30389 · 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
17,600 ft
1 wells filed one
Completion to plug
16.3 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 17,600 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
Apr 2024
1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49533260117,600 ftJan 2008Apr 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 (201)

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

201 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 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 2019048252.782.49$1,201
May 201902,24758.482.74$6,158
Apr 201902,33962.632.75$6,434
Mar 201902,36956.803.06$7,254
Feb 201902,27550.852.79$6,352
Jan 201901,97246.033.23$6,366
Dec 2018092146.594.19$3,855
Nov 201802,31552.934.24$9,809
Oct 201802,52061.443.40$8,563
Sep 201802,57959.543.11$8,016
Aug 201802,50159.403.07$7,669
Jul 201802,34965.142.93$6,887
Jun 201802,19660.183.08$6,757
May 201802,55465.382.90$7,409
Apr 201802,60063.842.90$7,542
Mar 201802,21761.222.79$6,178
Feb 201802,12261.782.77$5,870
Jan 201802,24862.874.01$9,013
Dec 201702,42357.272.92$7,079
Nov 201701,29455.423.12$4,035
Oct 201702,29949.292.98$6,859
Sep 201702,11847.523.09$6,539
Aug 201702,10245.373.00$6,315
Jul 201702,37643.873.09$7,335
Jun 201702,10442.493.09$6,496
May 201702,44045.373.26$7,963
Apr 201702,64347.933.21$8,488
Mar 201703,04246.772.98$9,076
Feb 201706,81750.452.95$20,128
Jan 201705,90149.413.42$20,174
Dec 201606,29848.763.72$23,446
Nov 201602,78042.492.64$7,351
Oct 201602,88846.193.09$8,925
Sep 201606,84041.553.10$21,208
Aug 201603,33641.442.92$9,756
Jul 201604,51141.622.92$13,192
Jun 201603,53645.352.69$9,497
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150143.552.43$2
Sep 201501,29142.992.76$3,561
Aug 201502,61440.162.87$7,509
Jul 201502,68548.152.95$7,908
Jun 201502,39156.152.88$6,893
May 201502,68755.212.96$7,941
Apr 201502,55249.822.71$6,907
Mar 201503,22442.892.93$9,462
Feb 201503,39344.662.98$10,098
Jan 201503,75643.433.10$11,646
Dec 201403,48654.693.59$12,519
Nov 201403,30270.464.25$14,040
Oct 201403,43378.303.90$13,392
Sep 201403,08286.164.05$12,468
Aug 201403,19189.394.04$12,876
Jul 201403,14696.564.18$13,149
Jun 201403,17998.164.74$15,059
May 201403,29594.734.73$15,574
Apr 201402,91095.944.81$13,995
Mar 201403,22695.895.06$16,313
Feb 201402,87697.406.19$17,808
Jan 201403,50390.404.86$17,027
Dec 201303,44091.824.35$14,979
Nov 201303,45388.853.74$12,908
Oct 201303,64797.423.78$13,783
Sep 201303,566104.113.72$13,257
Aug 201303,773104.253.52$13,291
Jul 201303,939102.523.72$14,644
Jun 2013018294.403.93$716
May 201303,91394.834.15$16,235
Apr 201303,97093.964.28$17,002
Mar 201303,92993.623.91$15,374
Feb 201303,62591.233.42$12,397
Jan 201304,35491.603.42$14,890
Dec 201204,26186.773.42$14,573
Nov 201203,97586.953.62$14,409
Oct 201204,13189.383.40$14,044
Sep 201204,04294.672.92$11,796
Aug 201204,35592.662.91$12,665
Jul 201204,25985.133.02$12,866
Jun 201204,18879.822.52$10,550
May 201204,67891.612.49$11,640
Apr 201205,655101.652.00$11,292
Mar 201201,552105.052.22$3,449
Feb 201204,252101.102.57$10,929
Jan 201204,76098.092.73$13,014
Dec 201104,87596.873.24$15,794
Nov 201104,75195.723.31$15,732
Oct 201104,98184.983.65$18,173
Sep 201105,10583.623.99$20,348
Aug 201105,24683.404.15$21,767
Jul 201105,21894.144.52$23,571
Jun 201105,27792.904.64$24,485
May 201105,63598.134.40$24,821
Apr 201105,383105.964.33$23,326
Mar 201105,92096.364.06$24,019
Feb 201115,19985.644.18$21,817
Jan 201105,88986.504.59$27,023
Dec 201006,03085.734.35$26,217
Nov 201005,89380.843.80$22,366
Oct 201006,34278.103.51$22,253
Sep 201006,32672.633.98$25,174
Aug 201006,88873.684.42$30,441
Jul 201007,49072.554.74$35,476
Jun 201007,47570.364.91$36,705
May 201008,27771.124.24$35,055
Apr 201007,99881.694.12$32,973
Mar 201006,83978.394.39$30,014
Feb 201006,38273.585.44$34,733
Jan 201007,52874.365.96$44,898
Dec 200907,80871.445.48$42,817
Nov 200907,59774.593.75$28,500
Oct 200908,31272.544.11$34,164
Sep 200908,06365.543.06$24,711
Aug 200908,53067.423.22$27,454
Jul 200909,04561.133.46$31,336
Jun 200909,35166.163.90$36,422
May 2009010,21754.743.93$40,109
Apr 200909,86046.773.59$35,373
Mar 2009010,67242.144.06$43,318
Feb 200909,73532.814.63$45,102
Jan 2009011,86335.865.37$63,716
Dec 2008012,85637.105.98$76,842
Nov 2008010,95155.496.86$75,128
Oct 2008011,17475.246.92$77,346
Sep 2008011,546101.767.88$90,949
Aug 2008013,279114.228.48$112,646
Jul 2008014,672131.0811.39$167,106
Jun 2008015,889131.3313.03$207,075
May 2008019,201123.1711.57$222,238
Apr 20085022,237110.3110.45$238,000
Mar 20087928,041101.909.66$279,040
Feb 200813216,65292.538.77$158,262
Jan 2008043,98390.388.21$360,913

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.

Jun 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 52.78 =         $0
Gas                  482 Mcf  × $  2.49 =     $1,201

────────────────────────────────────────────────────
Month total                                   $1,201

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/239058 is the state's own key, not one this site invented.