UNIVERSITY 20-33

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 239071District 08Field 381183002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Mar 2008 – Dec 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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 Gas112008-09-23183080
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
CondensateDisposition373 bbl$37,051
GasProduction305,169 Mcf$2,432,207
Total$2,469,258

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 31.6730, -103.3201. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67305, -103.32006 · 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
17,800 ft
1 wells filed one
Completion to plug
15.2 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 17,800 ft.

Completions filed
Mar 2008
1 of 1 wells
Plug dates filed
May 2023
1 of 1 wells

Last completion to plug: a median of 15.2 years across the 1 well that filed both dates, with the middle half between 15.2 years and 15.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49533257117,800 ftMar 2008May 2023Yes

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 (190)

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

190 months

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 2021187069.865.35$13,064
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 20180061.443.40$0
Sep 20180059.543.11$0
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 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017082142.493.09$2,535
May 2017046845.373.26$1,527
Apr 2017056247.933.21$1,805
Mar 201701,02846.772.98$3,067
Feb 20170050.452.95$0
Jan 2017014049.413.42$479
Dec 20160048.763.72$0
Nov 2016040342.492.64$1,066
Oct 2016086946.193.09$2,685
Sep 2016041641.553.10$1,290
Aug 2016066441.442.92$1,942
Jul 2016020141.622.92$588
Jun 2016023345.352.69$626
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016038033.011.79$682
Feb 2016099726.472.06$2,057
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201502738.792.17$59
Oct 2015091443.552.43$2,218
Sep 2015037542.992.76$1,034
Aug 2015039240.162.87$1,126
Jul 2015090048.152.95$2,651
Jun 201501,18356.152.88$3,410
May 201501,21855.212.96$3,600
Apr 2015092649.822.71$2,506
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014039178.303.90$1,525
Sep 2014088586.164.05$3,580
Aug 2014088089.394.04$3,551
Jul 2014060796.564.18$2,537
Jun 2014056198.164.74$2,657
May 2014057294.734.73$2,704
Apr 2014047795.944.81$2,294
Mar 2014091895.895.06$4,642
Feb 2014056497.406.19$3,492
Jan 2014062490.404.86$3,033
Dec 2013058391.824.35$2,539
Nov 2013031288.853.74$1,166
Oct 2013052797.423.78$1,992
Sep 20130330104.113.72$1,227
Aug 20130740104.253.52$2,607
Jul 20130934102.523.72$3,472
Jun 2013025794.403.93$1,011
May 2013087294.834.15$3,618
Apr 2013088393.964.28$3,782
Mar 201301,52993.623.91$5,983
Feb 2013026991.233.42$920
Jan 2013085091.603.42$2,907
Dec 201202,14486.773.42$7,333
Nov 201201,84486.953.62$6,684
Oct 201201,97089.383.40$6,697
Sep 201201,79294.672.92$5,230
Aug 201201,39692.662.91$4,060
Jul 201201,61185.133.02$4,867
Jun 201208779.822.52$219
May 2012028791.612.49$714
Apr 20127465101.652.00$1,640
Mar 20120576105.052.22$1,280
Feb 20120777101.102.57$1,997
Jan 201201,23898.092.73$3,385
Dec 201101,44596.873.24$4,681
Nov 201101,46095.723.31$4,834
Oct 201101,48684.983.65$5,422
Sep 201101,01783.623.99$4,054
Aug 201101,49783.404.15$6,212
Jul 201101,71694.144.52$7,752
Jun 2011072492.904.64$3,359
May 2011088998.134.40$3,916
Apr 201101,141105.964.33$4,944
Mar 201101,79796.364.06$7,291
Feb 201102,17085.644.18$9,071
Jan 201101,42586.504.59$6,539
Dec 201001,51585.734.35$6,587
Nov 201001,94080.843.80$7,363
Oct 201001,80278.103.51$6,323
Sep 201011,73272.633.98$6,965
Aug 201021,76873.684.42$7,961
Jul 201011,45272.554.74$6,950
Jun 201001,68170.364.91$8,254
May 201001,73171.124.24$7,331
Apr 201001,63281.694.12$6,728
Mar 201001,71778.394.39$7,535
Feb 201001,54673.585.44$8,414
Jan 201001,90874.365.96$11,379
Dec 200902,02771.445.48$11,116
Nov 200902,05174.593.75$7,694
Oct 200902,11972.544.11$8,710
Sep 200901,85265.543.06$5,676
Aug 200901,58567.423.22$5,101
Jul 200902,08761.133.46$7,230
Jun 200902,36566.163.90$9,212
May 200902,28254.743.93$8,959
Apr 200902,00646.773.59$7,197
Mar 200901,96242.144.06$7,964
Feb 200903,28332.814.63$15,210
Jan 200905,07835.865.37$27,274
Dec 2008010,75537.105.98$64,284
Nov 200805,78955.496.86$39,715
Oct 200805,82775.246.92$40,334
Sep 200807,354101.767.88$57,928
Aug 2008015,777114.228.48$133,837
Jul 2008022,316131.0811.39$254,167
Jun 200817521,947131.3313.03$309,010
May 2008022,202123.1711.57$256,972
Apr 2008064,110110.3110.45$670,261
Mar 2008021,335101.909.66$206,183

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           187 bbl  × $ 69.86 =    $13,064
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                  $13,064

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/239071 is the state's own key, not one this site invented.