UNIVERSITY F

Operated by ELEVATION RESOURCES LLC (P-5 247756) in the EMMA (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281706District 08Field 28899166Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$4.3 M
Mar 2016 – Feb 2024
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
96
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 68 leases and 115 wells, and the rule below applies to all of them.

Discovered
1954-11-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-11-07.

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: ALLOCATION FORMULA EFFECTIVE 05/01/2018.

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
CondensateDisposition26,476 bbl$1,349,963
GasProduction975,180 Mcf$2,994,451
Total$4,344,414

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 32.2118, -102.4866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21181, -102.48656 · 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
10,960 ft
1 wells filed one
Completion to plug
8.0 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 10,960 ft.

Completions filed
Feb 2016
1 of 1 wells
Plug dates filed
Feb 2024
1 of 1 wells

Last completion to plug: a median of 8.0 years across the 1 well that filed both dates, with the middle half between 8.0 years and 8.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00346322154110,960 ftFeb 2016Feb 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 (96)

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

96 months

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 202321089.042.74$1,870
Aug 20230080.522.67$0
Jul 20234156774.852.64$4,567
Jun 2023422,59868.962.26$8,764
May 2023854,09870.622.23$15,131
Apr 20231304,17178.122.24$19,489
Mar 2023983,52372.852.39$15,570
Feb 2023984,53675.112.47$18,545
Jan 20231175,02976.533.39$25,991
Dec 20221134,84276.415.73$36,375
Nov 2022795,03585.005.65$35,144
Oct 20221044,86087.185.86$37,565
Sep 2022793,88584.888.16$38,421
Aug 2022714,67294.529.13$49,353
Jul 20221124,344101.587.54$44,140
Jun 20221234,471115.097.98$49,822
May 20221264,719109.378.43$53,576
Apr 20222285,207104.226.84$59,366
Mar 20221655,265108.885.08$44,692
Feb 20221724,30691.054.86$36,583
Jan 20221794,84881.844.54$36,648
Dec 20211745,13371.323.90$32,424
Nov 20211184,61977.435.24$33,326
Oct 20212274,90879.795.71$46,156
Sep 20211295,77669.865.35$39,919
Aug 20211957,75266.024.22$45,592
Jul 20211916,04470.783.98$37,587
Jun 20211464,26969.493.38$24,577
May 20212374,49563.483.02$28,609
Apr 2021322,02360.362.76$7,512
Mar 2021893,40461.302.72$14,704
Feb 2021984,59157.805.55$31,135
Jan 20212255,09650.412.81$25,663
Dec 20202395,74844.642.68$26,048
Nov 20201755,83638.772.71$22,580
Oct 20201985,72336.972.48$21,504
Sep 20201275,00337.091.99$14,672
Aug 20202577,03639.982.39$27,056
Jul 20202708,09038.371.83$25,125
Jun 20201607,91334.901.69$18,959
May 20201377,85716.921.81$16,577
Apr 20202577,71214.751.80$17,706
Mar 202008,18930.341.86$15,201
Feb 20203138,44349.881.98$32,335
Jan 20201408,57557.252.09$25,977
Dec 20191378,39559.012.30$27,429
Nov 20191969,13455.302.75$35,964
Oct 20191689,20153.472.42$31,236
Sep 20191319,24955.052.66$31,789
Aug 20191478,96253.112.30$28,459
Jul 20191667,50656.272.46$27,806
Jun 20191374,47352.782.49$18,374
May 201921610,06158.482.74$40,202
Apr 20192449,78662.632.75$42,200
Mar 201912811,00456.803.06$40,966
Feb 20191169,71050.852.79$33,011
Jan 201912310,57146.033.23$39,787
Dec 201813211,52046.594.19$54,366
Nov 201815311,64552.934.24$57,441
Oct 201821111,91761.443.40$53,459
Sep 201821611,58559.543.11$48,867
Aug 201821510,98659.403.07$46,460
Jul 201825810,45465.142.93$47,456
Jun 201822710,89360.183.08$47,178
May 201821611,22465.382.90$46,681
Apr 201820711,33163.842.90$46,084
Mar 201826310,38261.222.79$45,034
Feb 201824210,43261.782.77$43,807
Jan 201839413,57162.874.01$79,181
Dec 201740515,39857.272.92$68,180
Nov 201734712,97855.423.12$59,701
Oct 201741215,00849.292.98$65,087
Sep 201744713,89847.523.09$64,148
Aug 201743116,36745.373.00$68,727
Jul 201748417,79443.873.09$76,168
Jun 201745613,37742.493.09$60,674
May 201747814,20945.373.26$68,057
Apr 201747618,56647.933.21$82,441
Mar 201755121,37846.772.98$89,555
Feb 201751719,45150.452.95$83,514
Jan 201763922,49149.413.42$108,465
Dec 201676326,57048.763.72$136,119
Nov 201657721,56342.492.64$81,537
Oct 201655919,50146.193.09$86,083
Sep 201638113,50041.553.10$57,689
Aug 201672128,14441.442.92$112,181
Jul 201690232,83441.622.92$133,559
Jun 201690133,94045.352.69$132,017
May 20161,44340,93142.521.99$142,852
Apr 20161,62542,58836.561.99$144,204
Mar 20162,00145,49133.011.79$147,664

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 2023 — as filed, then multipliedworked
Condensate            21 bbl  × $ 89.04 =     $1,870
Gas                    0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                   $1,870

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/281706 is the state's own key, not one this site invented.