UNIVERSITY 1-28A 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 283654District 08Field 28899166Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.8 M
Jan 2016 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
125
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.

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 Gas112018-09-13221163
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
CondensateDisposition127,414 bbl$6,116,000
GasProduction1,194,747 Mcf$3,646,456
Total$9,762,456

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 32.1862, -102.5139. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18617, -102.51393 · 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
11,169 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 11,169 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-003472432H11,169 ftJan 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 (125)

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

125 months

May 202600106.413.05$0
Apr 20261920598.932.87$2,468
Mar 202668089.753.15$6,103
Feb 202619722663.503.75$13,357
Jan 202622226959.138.00$15,278
Dec 202523821256.664.41$14,421
Nov 202520621058.593.93$12,894
Oct 202519021359.383.30$11,986
Sep 202519634162.743.08$13,346
Aug 202511512763.933.01$7,735
Jul 202515730066.743.32$11,473
Jun 202512641166.483.13$9,662
May 20251101,27460.553.23$10,778
Apr 20251061,32262.363.54$11,294
Mar 202514653467.704.27$12,163
Feb 202514912570.884.34$11,104
Jan 202526317774.324.28$20,303
Dec 202415959168.993.12$12,814
Nov 20241711,32669.052.20$14,723
Oct 202413966871.372.28$11,444
Sep 202420950969.612.36$15,752
Aug 202411857575.632.06$10,111
Jul 202412569279.932.15$11,477
Jun 202416786878.082.63$15,326
May 2024951,53378.812.20$10,857
Apr 2024761,61084.451.66$9,090
Mar 20241141,76980.301.55$11,888
Feb 20241381,41176.091.78$13,017
Jan 202411837973.023.30$9,866
Dec 20231761,27871.262.61$15,878
Nov 202320517377.892.81$16,453
Oct 2023984685.443.09$3,381
Sep 20231951,59089.042.74$21,712
Aug 202321892480.522.67$20,023
Jul 202320851974.852.64$16,940
Jun 202311970168.962.26$9,789
May 20232812,10670.622.23$24,535
Apr 20232373,10478.122.24$25,460
Mar 20233282,82972.852.39$30,665
Feb 20232451,99475.112.47$23,319
Jan 20233052,00576.533.39$30,134
Dec 20222902,56276.415.73$36,837
Nov 20222591,90985.005.65$32,794
Oct 20223112,28687.185.86$40,518
Sep 20222452,73384.888.16$43,107
Aug 20224174,00194.529.13$75,933
Jul 20224904,203101.587.54$81,474
Jun 20224914,661115.097.98$93,691
May 20224005,713109.378.43$91,926
Apr 20221821,250104.226.84$27,515
Mar 20221601,032108.885.08$22,660
Feb 20221531,04391.054.86$18,998
Jan 20223532,61681.844.54$40,760
Dec 20213623,56471.323.90$39,714
Nov 20212904,02177.435.24$43,512
Oct 20211783,37079.795.71$33,458
Sep 20211314,23169.865.35$31,791
Aug 2021582,93366.024.22$16,208
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021025663.483.02$773
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20214050.412.81$202
Dec 2020354144.642.68$1,672
Nov 20207838.772.71$293
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20206469,89634.901.69$39,273
May 202003,33216.921.81$6,047
Apr 20202613,20514.751.80$9,633
Mar 20203048,69730.341.86$25,367
Feb 202077212,86249.881.98$63,983
Jan 202070913,26957.252.09$68,385
Dec 201960811,15959.012.30$61,592
Nov 20191,06015,12955.302.75$100,233
Oct 20193626,31853.472.42$34,636
Sep 201971015,04155.052.66$79,054
Aug 201986413,07853.112.30$76,023
Jul 201999111,53256.272.46$84,133
Jun 20191,01310,92252.782.49$80,675
May 201969610,72958.482.74$70,103
Apr 20191,12613,85962.632.75$108,643
Mar 201923430356.803.06$14,219
Feb 2019564,69950.852.79$15,968
Jan 20192441546.033.23$2,444
Dec 20183967,78246.594.19$51,021
Nov 20181,28521,68152.934.24$159,883
Oct 20181,29818,99861.443.40$144,306
Sep 20181,34821,46659.543.11$146,976
Aug 20181,27320,69459.403.07$139,076
Jul 20181,40521,28965.142.93$153,938
Jun 20181,5219,84060.183.08$121,811
May 20181,64321,79065.382.90$170,628
Apr 20184879,34863.842.90$58,207
Mar 20181,93226,85061.222.79$193,104
Feb 20181,70726,90361.782.77$179,875
Jan 20181,89931,85662.874.01$247,111
Dec 20171,57931,87457.272.92$183,550
Nov 20171,94931,40555.423.12$205,946
Oct 20172,07834,12649.292.98$204,246
Sep 20172,07532,69447.523.09$199,540
Aug 20172,39925,92945.373.00$186,744
Jul 20171,32017,45843.873.09$111,806
Jun 20171,84428,54342.493.09$166,472
May 20172,18729,58745.373.26$195,778
Apr 20172,32529,35747.933.21$205,720
Mar 20173,07831,37246.772.98$237,562
Feb 201791913,73450.452.95$86,915
Jan 20173,30140,35449.413.42$301,065
Dec 20164,19542,44848.763.72$362,575
Nov 20162,94622,55842.492.64$184,827
Oct 20163,69936,92346.193.09$284,958
Sep 20162,38824,11441.553.10$173,990
Aug 20164,61542,93941.442.92$316,814
Jul 20165,34139,40141.622.92$337,514
Jun 20166,19145,04945.352.69$401,756
May 20166,86034,99042.521.99$361,354
Apr 20168,04734,83936.561.99$363,564
Mar 20166,72724,49833.011.79$266,008
Feb 20169,8702,54026.472.06$266,501
Jan 20163,3726,69427.352.36$108,051

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.

Apr 2026 — as filed, then multipliedworked
Condensate            19 bbl  × $ 98.93 =     $1,880
Gas                  205 Mcf  × $  2.87 =       $588

────────────────────────────────────────────────────
Month total                                   $2,468

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/283654 is the state's own key, not one this site invented.