UNIVERSITY 38 -A-

Operated by SLANT OPERATING, LLC (P-5 786697) in the BLOCK 31 (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 267637District 08Field 09358450Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$543 k
Jul 2012 – Jul 2023
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
133
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 87 leases and 441 wells, and the rule below applies to all of them.

Discovered
1945-10-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
800 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1988-12-12.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FORMULA IS SUSPENDED AND ALL OVERPRODUCTION IS CANCELLED.

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
CondensateDisposition6,553 bbl$315,944
GasProduction75,212 Mcf$227,101
Total$543,045

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 31.4487, -102.4243. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44872, -102.42434 · 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
0.0%
0 of 1 wells
Median depth
9,100 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 9,100 ft.

Completions filed
Jul 2023
1 of 1 wells

1 well

42-1033302629,100 ftJul 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 (133)

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

133 months

Jul 20230074.852.64$0
Jun 202301668.962.26$36
May 202301770.622.23$38
Apr 202301878.122.24$40
Mar 202302772.852.39$65
Feb 202302675.112.47$64
Jan 202302876.533.39$95
Dec 202203276.415.73$183
Nov 202203085.005.65$169
Oct 202203287.185.86$188
Sep 202203284.888.16$261
Aug 202203294.529.13$292
Jul 2022033101.587.54$249
Jun 2022033115.097.98$263
May 20220284109.378.43$2,395
Apr 20220419104.226.84$2,865
Mar 20220377108.885.08$1,914
Feb 2022035091.054.86$1,701
Jan 2022036881.844.54$1,670
Dec 2021036571.323.90$1,423
Nov 2021039177.435.24$2,048
Oct 2021036179.795.71$2,063
Sep 2021038669.865.35$2,065
Aug 2021043166.024.22$1,819
Jul 2021048170.783.98$1,915
Jun 2021037169.493.38$1,254
May 2021039263.483.02$1,183
Apr 2021036560.362.76$1,007
Mar 2021034861.302.72$946
Feb 2021029657.805.55$1,642
Jan 2021036450.412.81$1,023
Dec 2020021244.642.68$567
Nov 2020820638.772.71$868
Oct 20202186536.972.48$2,920
Sep 20202684637.091.99$2,649
Aug 20202771239.982.39$2,778
Jul 20202570938.371.83$2,253
Jun 20203382034.901.69$2,538
May 20202890316.921.81$2,112
Apr 20202882414.751.80$1,900
Mar 20202585530.341.86$2,346
Feb 20203179649.881.98$3,123
Jan 20203087057.252.09$3,540
Dec 20192087759.012.30$3,201
Nov 20191468455.302.75$2,656
Oct 20192984253.472.42$3,587
Sep 20195371655.052.66$4,820
Aug 20194570153.112.30$4,005
Jul 20193349656.272.46$3,077
Jun 20194455152.782.49$3,695
May 2019911,33458.482.74$8,977
Apr 2019851,21862.632.75$8,674
Mar 20191041,14356.803.06$9,407
Feb 2019471,06050.852.79$5,350
Jan 2019341,17646.033.23$5,361
Dec 2018291,22246.594.19$6,466
Nov 2018301,28752.934.24$7,041
Oct 2018301,26761.443.40$6,149
Sep 2018261,23659.543.11$5,390
Aug 20182068659.403.07$3,292
Jul 20182598665.142.93$4,519
Jun 2018311,09460.183.08$5,232
May 2018681,48265.382.90$8,745
Apr 20189553063.842.90$7,602
Mar 201814756061.222.79$10,560
Feb 201811641761.782.77$8,320
Jan 20187880362.874.01$8,123
Dec 20176298357.272.92$6,423
Nov 20179593655.423.12$8,184
Oct 201717879149.292.98$11,134
Sep 201710598547.523.09$8,031
Aug 20172499245.373.00$4,069
Jul 20176689343.873.09$5,652
Jun 2017921,00042.493.09$6,996
May 2017811,03645.373.26$7,056
Apr 20174895547.933.21$5,368
Mar 20173098646.772.98$4,345
Feb 201711079550.452.95$7,897
Jan 201713695649.413.42$9,988
Dec 201617377648.763.72$11,324
Nov 201619364242.492.64$9,898
Oct 20161111,35446.193.09$9,311
Sep 2016991,40141.553.10$8,457
Aug 2016871,53441.442.92$8,091
Jul 2016871,44241.622.92$7,838
Jun 2016801,54845.352.69$7,786
May 2016771,27642.521.99$5,815
Apr 20165256536.561.99$3,026
Mar 20165556633.011.79$2,831
Feb 20165652726.472.06$2,570
Jan 20168257627.352.36$3,605
Dec 20159948932.362.00$4,182
Nov 20158542738.792.17$4,223
Oct 20159043543.552.43$4,975
Sep 20159244842.992.76$5,191
Aug 201510175140.162.87$6,213
Jul 201513982248.152.95$9,114
Jun 201523961556.152.88$15,193
May 20152601,07755.212.96$17,538
Apr 20153071,04949.822.71$18,134
Mar 20153181,17242.892.93$17,079
Feb 20153241,62644.662.98$19,309
Jan 20154601,67443.433.10$25,168
Dec 20142701,05054.693.59$18,537
Nov 201415870.464.25$317
Oct 2014134678.303.90$1,197
Sep 201404886.164.05$194
Aug 2014010589.394.04$424
Jul 201403296.564.18$134
Jun 201402998.164.74$137
May 201403394.734.73$156
Apr 201403195.944.81$149
Mar 201403295.895.06$162
Feb 201402997.406.19$180
Jan 201403090.404.86$146
Dec 201303191.824.35$135
Nov 201303088.853.74$112
Oct 201303597.423.78$132
Sep 2013032104.113.72$119
Aug 2013033104.253.52$116
Jul 2013030102.523.72$112
Jun 201306194.403.93$240
May 2013011994.834.15$494
Apr 2013012193.964.28$518
Mar 2013013393.623.91$520
Feb 2013011791.233.42$400
Jan 2013011991.603.42$407
Dec 2012011586.773.42$393
Nov 2012011686.953.62$421
Oct 2012014489.383.40$490
Sep 2012012894.672.92$374
Aug 2012012592.662.91$364
Jul 2012040985.133.02$1,236

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 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.96 =         $0
Gas                   16 Mcf  × $  2.26 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/267637 is the state's own key, not one this site invented.