UNIVERSITY 20-15

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 239097District 08Field 381183002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Mar 2008 – Jul 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
197
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 Gas112008-10-16183077
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
CondensateDisposition940 bbl$97,270
GasProduction498,831 Mcf$4,133,683
Total$4,230,953

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 31.7092, -103.3186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70919, -103.31862 · 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
15.8 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
Jan 2024
1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49533263117,800 ftMar 2008Jan 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 (197)

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

197 months

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 2021119069.865.35$8,313
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 2018078261.782.77$2,163
Jan 2018036562.874.01$1,463
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 20170542.493.09$15
May 201701845.373.26$59
Apr 201703947.933.21$125
Mar 201707746.772.98$230
Feb 2017040350.452.95$1,190
Jan 2017044049.413.42$1,504
Dec 2016043548.763.72$1,619
Nov 201601,52742.492.64$4,038
Oct 201602,37946.193.09$7,352
Sep 201602,40241.553.10$7,448
Aug 201602,48241.442.92$7,258
Jul 201602,25341.622.92$6,589
Jun 2016035845.352.69$962
May 2016037042.521.99$737
Apr 2016031136.561.99$619
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 2015029843.552.43$723
Sep 2015055942.992.76$1,542
Aug 2015065040.162.87$1,867
Jul 2015048248.152.95$1,420
Jun 2015076456.152.88$2,203
May 2015067155.212.96$1,983
Apr 2015043449.822.71$1,175
Mar 2015039142.892.93$1,147
Feb 2015052444.662.98$1,560
Jan 2015049443.433.10$1,532
Dec 2014050654.693.59$1,817
Nov 2014049270.464.25$2,092
Oct 2014056678.303.90$2,208
Sep 2014051186.164.05$2,067
Aug 2014047489.394.04$1,913
Jul 2014044396.564.18$1,852
Jun 2014055598.164.74$2,629
May 2014059994.734.73$2,831
Apr 2014051295.944.81$2,462
Mar 2014070795.895.06$3,575
Feb 2014048597.406.19$3,003
Jan 2014062990.404.86$3,057
Dec 2013063891.824.35$2,778
Nov 2013059288.853.74$2,213
Oct 2013059797.423.78$2,256
Sep 20130514104.113.72$1,911
Aug 20130537104.253.52$1,892
Jul 20130536102.523.72$1,993
Jun 201302494.403.93$94
May 2013050594.834.15$2,095
Apr 2013051193.964.28$2,188
Mar 2013047893.623.91$1,870
Feb 20131040891.233.42$2,308
Jan 2013064791.603.42$2,213
Dec 20123063786.773.42$4,782
Nov 2012057686.953.62$2,088
Oct 2012071789.383.40$2,438
Sep 2012095494.672.92$2,784
Aug 201201,02492.662.91$2,978
Jul 201201,15685.133.02$3,492
Jun 20121771,07779.822.52$16,841
May 201201,13191.612.49$2,814
Apr 20127728101.652.00$2,165
Mar 20120335105.052.22$744
Feb 201201,803101.102.57$4,634
Jan 201204,21598.092.73$11,524
Dec 201104,19596.873.24$13,591
Nov 201103,94895.723.31$13,073
Oct 201103,76984.983.65$13,751
Sep 201103,35883.623.99$13,384
Aug 201102,82783.404.15$11,730
Jul 201102,73994.144.52$12,373
Jun 201101,15792.904.64$5,368
May 201101,17098.134.40$5,154
Apr 20110946105.964.33$4,099
Mar 2011056596.364.06$2,292
Feb 201101,16485.644.18$4,866
Jan 201102,38086.504.59$10,921
Dec 2010090685.734.35$3,939
Nov 201002,33880.843.80$8,873
Oct 201002,31078.103.51$8,106
Sep 201011,48272.633.98$5,970
Aug 2010045173.684.42$1,993
Jul 201002,98172.554.74$14,119
Jun 201003,66370.364.91$17,987
May 201002,60771.124.24$11,041
Apr 201002,76181.694.12$11,383
Mar 201002,52478.394.39$11,077
Feb 201003,20173.585.44$17,421
Jan 201002,66574.365.96$15,894
Dec 200904,23171.445.48$23,202
Nov 200905,07974.593.75$19,054
Oct 200905,45372.544.11$22,413
Sep 200903,86565.543.06$11,845
Aug 200911,04867.423.22$3,440
Jul 200902,69061.133.46$9,320
Jun 200953,07966.163.90$12,324
May 200911,18354.743.93$4,699
Apr 200902,88346.773.59$10,343
Mar 200903,95642.144.06$16,057
Feb 200905,71132.814.63$26,459
Jan 200909,07035.865.37$48,715
Dec 200809,68637.105.98$57,895
Nov 200808,56055.496.86$58,725
Oct 200808,96775.246.92$62,069
Sep 2008012,824101.767.88$101,016
Aug 20081331,663114.228.48$270,083
Jul 2008019,444131.0811.39$221,456
Jun 2008321,191131.3313.03$276,568
May 200838865,613123.1711.57$807,214
Apr 2008185114,929110.3110.45$1,221,974
Mar 2008054,867101.909.66$530,239

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           119 bbl  × $ 69.86 =     $8,313
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                   $8,313

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/239097 is the state's own key, not one this site invented.