UNIVERSITY "27"

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the BLOCK 12 (YATES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 60729District 08Field 09250800Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$666 k
Jan 1993 – Feb 2013
Value, last 12 filed months
$52
at the published price for each month
Months reported
242
no gaps in the span
Streams
1
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 33 leases and 33 wells, and the rule below applies to all of them.

Discovered
1946-11-03
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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: EFFECTIVE 11/01/82

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
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
GasProduction129,303 Mcf$665,660
Total$665,660

3,912 Mcf of this lease's gas, across 18 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.2143, -102.8519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21426, -102.85189 · 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
8,605 ft
1 wells filed one
Completion to plug
38.3 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 8,605 ft.

Completions filed
Nov 1974
1 of 1 wells
Plug dates filed
Feb 2013
1 of 1 wells

Last completion to plug: a median of 38.3 years across the 1 well that filed both dates, with the middle half between 38.3 years and 38.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0030079018,605 ftNov 1974Feb 2013Yes

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 (242)

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

242 months

Feb 2013091.233.42$0
Jan 2013191.603.42$3
Dec 2012186.773.42$3
Nov 2012086.953.62$0
Oct 2012189.383.40$3
Sep 2012294.672.92$6
Aug 2012392.662.91$9
Jul 2012385.133.02$9
Jun 2012279.822.52$5
May 2012291.612.49$5
Apr 20122101.652.00$4
Mar 20122105.052.22$4
Feb 20120101.102.57$0
Jan 2012398.092.73$8
Dec 2011296.873.24$6
Nov 2011295.723.31$7
Oct 2011284.983.65$7
Sep 2011383.623.99$12
Aug 2011383.404.15$12
Jul 2011794.144.52$32
Jun 20112192.904.64$97
May 20111198.134.40$48
Apr 201122105.964.33$95
Mar 20117096.364.06$284
Feb 201140985.644.18$1,710
Jan 2011086.504.59$0
Dec 20101985.734.35$83
Nov 20102580.843.80$95
Oct 20101778.103.51$60
Sep 2010072.633.98$0
Aug 2010873.684.42$35
Jul 2010472.554.74$19
Jun 2010270.364.91$10
May 2010471.124.24$17
Apr 2010681.694.12$25
Mar 2010578.394.39$22
Feb 2010273.585.44$11
Jan 2010374.365.96$18
Dec 2009971.445.48$49
Nov 2009874.593.75$30
Oct 2009572.544.11$21
Sep 20091665.543.06$49
Aug 2009467.423.22$13
Jul 20091,61961.133.46$5,609
Jun 200937666.163.90$1,465
May 200942454.743.93$1,665
Apr 200937546.773.59$1,345
Mar 200946042.144.06$1,867
Feb 200926932.814.63$1,246
Jan 200935335.865.37$1,896
Dec 200843737.105.98$2,612
Nov 200884355.496.86$5,783
Oct 200861475.246.92$4,250
Sep 2008362101.767.88$2,852
Aug 200833114.228.48$280
Jul 2008557131.0811.39$6,344
Jun 2008393131.3313.03$5,122
May 2008480123.1711.57$5,556
Apr 2008555110.3110.45$5,802
Mar 2008689101.909.66$6,659
Feb 200866292.538.77$5,806
Jan 200840590.388.21$3,323
Dec 200779888.337.30$5,827
Nov 200782291.677.29$5,994
Oct 200760082.856.92$4,153
Sep 200729375.846.24$1,830
Aug 2007069.066.39$0
Jul 200784570.906.39$5,398
Jun 200779962.007.55$6,031
May 2007058.747.85$0
Apr 20071,03959.617.81$8,110
Mar 200788956.927.30$6,491
Feb 200779855.108.22$6,556
Jan 200752750.306.73$3,545
Dec 200687656.656.92$6,061
Nov 200669854.207.62$5,317
Oct 200672254.906.01$4,342
Sep 200667260.085.04$3,385
Aug 200683268.717.34$6,107
Jul 20061,08069.376.34$6,850
Jun 200695566.286.38$6,097
May 20061,05766.016.42$6,791
Apr 200695864.397.36$7,051
Mar 20061,08656.707.08$7,692
Feb 200693557.597.75$7,247
Jan 200680560.598.93$7,191
Dec 200586254.9413.42$11,564
Nov 20051,00554.6910.59$10,641
Oct 20051,23858.3413.80$17,079
Sep 200593061.4512.08$11,233
Aug 20051,19461.519.80$11,697
Jul 20051,15855.697.84$9,083
Jun 20051,03352.337.38$7,625
May 200596545.226.65$6,418
Apr 200595549.207.36$7,029
Mar 20051,05150.377.15$7,520
Feb 20051,03845.226.31$6,552
Jan 20051,10043.166.32$6,954
Dec 200486939.866.75$5,867
Nov 200494345.286.33$5,970
Oct 200463449.706.52$4,131
Sep 200485343.245.28$4,507
Aug 200499442.375.55$5,517
Jul 200454538.286.08$3,316
Jun 200475236.106.43$4,838
May 200486437.486.49$5,611
Apr 200497834.475.86$5,730
Mar 200481234.365.53$4,490
Feb 200462432.455.51$3,438
Jan 20041,28332.036.30$8,082
Dec 20031,22230.266.30$7,701
Nov 200376628.804.60$3,520
Oct 200395928.174.76$4,564
Sep 20031,19526.314.75$5,675
Aug 200392829.765.13$4,760
Jul 200377129.415.17$3,987
Jun 200358728.565.98$3,512
May 200368926.595.97$4,115
Apr 20031,22326.675.41$6,613
Mar 200390031.146.10$5,486
Feb 200380833.487.93$6,404
Jan 20031,08230.315.58$6,040
Dec 200289726.914.85$4,354
Nov 200247524.664.14$1,965
Oct 200298226.464.23$4,153
Sep 200275427.443.64$2,741
Aug 200290225.963.16$2,854
Jul 20021,19824.583.06$3,668
Jun 200299523.733.34$3,322
May 20021,19024.663.58$4,265
Apr 20021,19723.653.51$4,204
Mar 20021,17622.003.10$3,649
Feb 20021,12718.222.38$2,677
Jan 20021,48517.172.38$3,528
Dec 20011,71316.932.36$4,050
Nov 20011,51318.072.41$3,640
Oct 20011,77919.782.53$4,499
Sep 20011,78824.262.25$4,025
Aug 20011,86124.873.05$5,682
Jul 20011,35523.933.20$4,332
Jun 20011,01624.563.82$3,885
May 20011,30225.524.31$5,608
Apr 20011,06824.685.34$5,698
Mar 20011,70224.545.38$9,151
Feb 20011,63027.755.77$9,400
Jan 20012,18427.478.40$18,343
Dec 20002,06826.889.12$18,865
Nov 20001,02932.215.66$5,822
Oct 20001,04531.235.15$5,377
Sep 200077531.875.19$4,020
Aug 200094229.644.54$4,277
Jul 20001,60528.534.09$6,564
Jun 20001,87729.304.40$8,254
May 20001,57527.263.68$5,796
Apr 20002,18724.513.12$6,815
Mar 200070328.422.86$2,010
Feb 200062327.622.73$1,699
Jan 200080025.272.48$1,984
Dec 199958424.282.42$1,415
Nov 199934823.192.43$847
Oct 199930220.982.80$847
Sep 199957721.752.62$1,511
Aug 199990519.262.88$2,602
Jul 199930717.892.37$728
Jun 199988115.942.36$2,081
May 199997015.792.32$2,251
Apr 19991,18115.102.21$2,608
Mar 199977412.471.84$1,423
Feb 19999199.981.82$1,671
Jan 19991,61210.381.90$3,063
Dec 19981,7029.201.77$3,018
Nov 19981,65010.892.19$3,606
Oct 199811612.421.97$228
Sep 199814112.592.08$294
Aug 199820911.301.91$399
Jul 199811211.742.24$251
Jun 199824011.242.24$537
May 19985912.622.21$130
Apr 1998013.042.51$0
Mar 199816212.802.31$374
Feb 199817013.952.30$391
Jan 199816014.702.15$345
Dec 1997416.322.41$10
Nov 199728018.193.09$865
Oct 199727619.253.15$869
Sep 19978817.742.95$260
Aug 1997017.862.55$0
Jul 199715717.582.25$353
Jun 199718217.242.26$411
May 1997618.972.31$14
Apr 19973517.882.08$73
Mar 199739718.951.94$770
Feb 199739720.492.21$876
Jan 199745723.483.54$1,618
Dec 199639023.32$0
Nov 199647621.97$0
Oct 199641023.31$0
Sep 199656722.22$0
Aug 199661420.26$0
Jul 199612919.55$0
Jun 199622018.73$0
May 1996619.43$0
Apr 199614921.51$0
Mar 199617619.38$0
Feb 199636816.98$0
Jan 19965617.07$0
Dec 19956017.19$0
Nov 1995416.00$0
Oct 19953815.43$0
Sep 19957216.18$0
Aug 199516215.92$0
Jul 19951515.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$0

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.

Jan 2013 — as filed, then multipliedworked
Gas                    1 Mcf  × $  3.42 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/60729 is the state's own key, not one this site invented.