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UNIVERSITY 1-10 UNIT

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 283472District 08Field 28899166Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.4 M
Dec 2016 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
114
no gaps in the span
Streams
2
condensate, gas

The EMMA (DEVONIAN) field

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.”

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 Gas112018-09-21221171
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
CondensateDisposition153,058 bbl$8,394,421
GasProduction1,766,014 Mcf$5,987,935
Total$14,382,356

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 32.2241, -102.4911. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22408, -102.49107 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,968 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
00.0%
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.
1100.0%

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 10,968 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-003473131H10,968 ftDec 2016——

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 (114)

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

114 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025988366.483.13$6,775
May 2025036360.553.23$1,173
Apr 2025063962.363.54$2,264
Mar 2025046867.704.27$1,998
Feb 20251515,72870.884.34$35,567
Jan 20251017,00874.324.28$37,491
Dec 20241386,30568.993.12$29,201
Nov 20241716,68469.052.20$26,502
Oct 20241687,11771.372.28$28,227
Sep 202405,50969.612.36$13,025
Aug 20241376,01675.632.06$22,776
Jul 20241685,61479.932.15$25,479
Jun 202404,48878.082.63$11,821
May 2024014478.812.20$317
Apr 20241744,62584.451.66$22,368
Mar 20241597,33380.301.55$24,098
Feb 20241756,20076.091.78$24,374
Jan 20241766,63173.023.30$34,718
Dec 20233455,87471.262.61$39,920
Nov 20231727,29977.892.81$33,889
Oct 20231185,91385.443.09$28,337
Sep 20233257,84389.042.74$50,389
Aug 20231698,42880.522.67$36,135
Jul 20233017,79574.852.64$43,123
Jun 20231276,48268.962.26$23,397
May 20232479,63770.622.23$38,909
Apr 202339710,54278.122.24$54,604
Mar 202359113,36072.852.39$75,027
Feb 202360112,69075.112.47$76,431
Jan 20232295,22976.533.39$35,240
Dec 20222508,58976.415.73$68,310
Nov 202245412,97385.005.65$111,838
Oct 202258513,28087.185.86$128,871
Sep 202243012,92284.888.16$141,989
Aug 202244315,42894.529.13$182,686
Jul 202239814,274101.587.54$148,084
Jun 202221513,003115.097.98$128,472
May 202221312,260109.378.43$126,685
Apr 202244115,791104.226.84$153,934
Mar 202251415,916108.885.08$136,760
Feb 202252714,90391.054.86$120,395
Jan 202253816,33181.844.54$118,135
Dec 202152117,27771.323.90$104,523
Nov 202139616,87277.435.24$119,018
Oct 202163018,89579.795.71$158,231
Sep 202137118,11569.865.35$122,850
Aug 202148918,74066.024.22$111,378
Jul 202147519,54970.783.98$111,466
Jun 202150719,81669.493.38$102,222
May 202162119,41363.483.02$98,003
Apr 202147419,50460.362.76$82,411
Mar 202192522,89261.302.72$118,899
Feb 202158218,18457.805.55$134,524
Jan 202197022,38650.412.81$111,808
Dec 20201,14223,38944.642.68$113,555
Nov 202085322,11638.772.71$92,929
Oct 202099224,06036.972.48$96,305
Sep 20201,00423,46937.091.99$83,966
Aug 20201,20423,46839.982.39$104,109
Jul 20201,19121,39238.371.83$84,742
Jun 202050610,23134.901.69$34,953
May 20202065,53316.921.81$13,527
Apr 20204337,87014.751.80$20,587
Mar 20200030.341.86$0
Feb 20206256,20249.881.98$43,459
Jan 202046111,44057.252.09$50,356
Dec 201953059.012.30$3,128
Nov 20191,10312,35055.302.75$94,967
Oct 20191,68722,68953.472.42$145,078
Sep 20191,92623,69455.052.66$168,988
Aug 20191,92723,71353.112.30$156,986
Jul 20191,89421,14956.272.46$158,603
Jun 20191,73722,92752.782.49$148,795
May 20192,21226,22658.482.74$201,225
Apr 20192,00623,89762.632.75$191,369
Mar 20192,33327,40156.803.06$216,419
Feb 20192,54325,73550.852.79$201,169
Jan 20192,52529,20446.033.23$210,502
Dec 20182,33230,73546.594.19$237,287
Nov 20182,66927,59552.934.24$258,197
Oct 20182,95230,27861.443.40$284,258
Sep 20182,94029,51959.543.11$266,793
Aug 20182,79030,64859.403.07$259,710
Jul 20183,16632,22665.142.93$300,716
Jun 20182,99231,86760.183.08$278,111
May 20183,19032,58665.382.90$303,088
Apr 20183,70230,55263.842.90$324,961
Mar 20183,41832,69461.222.79$300,363
Feb 20183,42124,31361.782.77$278,602
Jan 20184,04431,36662.874.01$380,003
Dec 20173,64532,89957.272.92$304,864
Nov 20174,03733,13755.423.12$327,064
Oct 20174,35432,97649.292.98$312,998
Sep 20174,23328,80447.523.09$290,078
Aug 20174,81034,39745.373.00$321,572
Jul 20174,84533,68943.873.09$316,558
Jun 20175,08227,97242.493.09$302,292
May 20175,31925,14145.373.26$323,368
Apr 20175,76631,68847.933.21$378,134
Mar 20176,58031,05146.772.98$400,393
Feb 20176,10526,76050.452.95$387,009
Jan 20177,02727,14949.413.42$440,021
Dec 20165,66918,45748.763.72$345,133

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 2025 — as filed, then multipliedworked
Condensate            98 bbl  × $ 66.48 =     $6,515
Gas                   83 Mcf  × $  3.13 =       $260

────────────────────────────────────────────────────
Month total                                   $6,775

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/283472 is the state's own key, not one this site invented.