UNIVERSITY "21"

Name: UNIVERSITY "21" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 61557District 08Field 09250800Hydrogen sulphide fieldNGPA filingGasSave Export

Value, all time

$311 k

Jan 1993 – Jul 2014

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

259

no gaps in the span

Streams

gas

The BLOCK 12 (YATES) 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 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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	68,948 Mcf	$310,530
Total			$310,530

6,436 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 32.2327, -102.8848. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23267, -102.88480 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

2,950 ft

1 wells filed one

Completion to plug

39.3 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 2,950 ft.

Completions filed

Mar 1975

1 of 1 wells

Plug dates filed

Jul 2014

1 of 1 wells

Last completion to plug: a median of 39.3 years across the 1 well that filed both dates, with the middle half between 39.3 years and 39.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00330614	1	2,950 ft	Mar 1975	Jul 2014	Yes

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 (259)

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

259 months


Jul 2014	0	96.56	4.18	$0
Jun 2014	0	98.16	4.74	$0
May 2014	0	94.73	4.73	$0
Apr 2014	0	95.94	4.81	$0
Mar 2014	0	95.89	5.06	$0
Feb 2014	0	97.40	6.19	$0
Jan 2014	0	90.40	4.86	$0
Dec 2013	0	91.82	4.35	$0
Nov 2013	0	88.85	3.74	$0
Oct 2013	0	97.42	3.78	$0
Sep 2013	381	104.11	3.72	$1,416
Aug 2013	211	104.25	3.52	$743
Jul 2013	0	102.52	3.72	$0
Jun 2013	1	94.40	3.93	$4
May 2013	11	94.83	4.15	$46
Apr 2013	27	93.96	4.28	$116
Mar 2013	51	93.62	3.91	$200
Feb 2013	161	91.23	3.42	$551
Jan 2013	98	91.60	3.42	$335
Dec 2012	94	86.77	3.42	$322
Nov 2012	58	86.95	3.62	$210
Oct 2012	83	89.38	3.40	$282
Sep 2012	105	94.67	2.92	$306
Aug 2012	280	92.66	2.91	$814
Jul 2012	158	85.13	3.02	$477
Jun 2012	113	79.82	2.52	$285
May 2012	215	91.61	2.49	$535
Apr 2012	312	101.65	2.00	$623
Mar 2012	288	105.05	2.22	$640
Feb 2012	0	101.10	2.57	$0
Jan 2012	336	98.09	2.73	$919
Dec 2011	334	96.87	3.24	$1,082
Nov 2011	407	95.72	3.31	$1,348
Oct 2011	423	84.98	3.65	$1,543
Sep 2011	468	83.62	3.99	$1,865
Aug 2011	183	83.40	4.15	$759
Jul 2011	151	94.14	4.52	$682
Jun 2011	407	92.90	4.64	$1,888
May 2011	600	98.13	4.40	$2,643
Apr 2011	155	105.96	4.33	$672
Mar 2011	1,906	96.36	4.06	$7,733
Feb 2011	350	85.64	4.18	$1,463
Jan 2011	17	86.50	4.59	$78
Dec 2010	9	85.73	4.35	$39
Nov 2010	111	80.84	3.80	$421
Oct 2010	6	78.10	3.51	$21
Sep 2010	0	72.63	3.98	$0
Aug 2010	1,006	73.68	4.42	$4,446
Jul 2010	34	72.55	4.74	$161
Jun 2010	218	70.36	4.91	$1,070
May 2010	944	71.12	4.24	$3,998
Apr 2010	1,546	81.69	4.12	$6,374
Mar 2010	1,084	78.39	4.39	$4,757
Feb 2010	379	73.58	5.44	$2,063
Jan 2010	80	74.36	5.96	$477
Dec 2009	568	71.44	5.48	$3,115
Nov 2009	521	74.59	3.75	$1,955
Oct 2009	285	72.54	4.11	$1,171
Sep 2009	88	65.54	3.06	$270
Aug 2009	22	67.42	3.22	$71
Jul 2009	714	61.13	3.46	$2,474
Jun 2009	304	66.16	3.90	$1,184
May 2009	169	54.74	3.93	$663
Apr 2009	81	46.77	3.59	$291
Mar 2009	118	42.14	4.06	$479
Feb 2009	124	32.81	4.63	$574
Jan 2009	221	35.86	5.37	$1,187
Dec 2008	263	37.10	5.98	$1,572
Nov 2008	538	55.49	6.86	$3,691
Oct 2008	224	75.24	6.92	$1,551
Sep 2008	86	101.76	7.88	$677
Aug 2008	146	114.22	8.48	$1,239
Jul 2008	198	131.08	11.39	$2,255
Jun 2008	241	131.33	13.03	$3,141
May 2008	105	123.17	11.57	$1,215
Apr 2008	184	110.31	10.45	$1,924
Mar 2008	186	101.90	9.66	$1,798
Feb 2008	99	92.53	8.77	$868
Jan 2008	247	90.38	8.21	$2,027
Dec 2007	303	88.33	7.30	$2,213
Nov 2007	373	91.67	7.29	$2,720
Oct 2007	234	82.85	6.92	$1,620
Sep 2007	219	75.84	6.24	$1,367
Aug 2007	278	69.06	6.39	$1,776
Jul 2007	237	70.90	6.39	$1,514
Jun 2007	172	62.00	7.55	$1,298
May 2007	0	58.74	7.85	$0
Apr 2007	222	59.61	7.81	$1,733
Mar 2007	203	56.92	7.30	$1,482
Feb 2007	234	55.10	8.22	$1,923
Jan 2007	219	50.30	6.73	$1,473
Dec 2006	161	56.65	6.92	$1,114
Nov 2006	226	54.20	7.62	$1,722
Oct 2006	298	54.90	6.01	$1,792
Sep 2006	221	60.08	5.04	$1,113
Aug 2006	263	68.71	7.34	$1,930
Jul 2006	204	69.37	6.34	$1,294
Jun 2006	220	66.28	6.38	$1,404
May 2006	254	66.01	6.42	$1,632
Apr 2006	153	64.39	7.36	$1,126
Mar 2006	313	56.70	7.08	$2,217
Feb 2006	166	57.59	7.75	$1,287
Jan 2006	331	60.59	8.93	$2,957
Dec 2005	277	54.94	13.42	$3,716
Nov 2005	156	54.69	10.59	$1,652
Oct 2005	235	58.34	13.80	$3,242
Sep 2005	229	61.45	12.08	$2,766
Aug 2005	365	61.51	9.80	$3,576
Jul 2005	226	55.69	7.84	$1,773
Jun 2005	409	52.33	7.38	$3,019
May 2005	151	45.22	6.65	$1,004
Apr 2005	420	49.20	7.36	$3,091
Mar 2005	175	50.37	7.15	$1,252
Feb 2005	145	45.22	6.31	$915
Jan 2005	267	43.16	6.32	$1,688
Dec 2004	460	39.86	6.75	$3,106
Nov 2004	515	45.28	6.33	$3,260
Oct 2004	719	49.70	6.52	$4,684
Sep 2004	841	43.24	5.28	$4,444
Aug 2004	595	42.37	5.55	$3,303
Jul 2004	815	38.28	6.08	$4,959
Jun 2004	290	36.10	6.43	$1,866
May 2004	344	37.48	6.49	$2,234
Apr 2004	422	34.47	5.86	$2,472
Mar 2004	559	34.36	5.53	$3,091
Feb 2004	338	32.45	5.51	$1,862
Jan 2004	563	32.03	6.30	$3,547
Dec 2003	459	30.26	6.30	$2,892
Nov 2003	482	28.80	4.60	$2,215
Oct 2003	391	28.17	4.76	$1,861
Sep 2003	376	26.31	4.75	$1,786
Aug 2003	481	29.76	5.13	$2,467
Jul 2003	387	29.41	5.17	$2,001
Jun 2003	301	28.56	5.98	$1,801
May 2003	531	26.59	5.97	$3,171
Apr 2003	629	26.67	5.41	$3,401
Mar 2003	705	31.14	6.10	$4,298
Feb 2003	452	33.48	7.93	$3,583
Jan 2003	557	30.31	5.58	$3,109
Dec 2002	591	26.91	4.85	$2,869
Nov 2002	567	24.66	4.14	$2,346
Oct 2002	369	26.46	4.23	$1,561
Sep 2002	671	27.44	3.64	$2,439
Aug 2002	253	25.96	3.16	$801
Jul 2002	115	24.58	3.06	$352
Jun 2002	215	23.73	3.34	$718
May 2002	567	24.66	3.58	$2,032
Apr 2002	507	23.65	3.51	$1,781
Mar 2002	709	22.00	3.10	$2,200
Feb 2002	289	18.22	2.38	$687
Jan 2002	730	17.17	2.38	$1,734
Dec 2001	464	16.93	2.36	$1,097
Nov 2001	420	18.07	2.41	$1,010
Oct 2001	721	19.78	2.53	$1,823
Sep 2001	598	24.26	2.25	$1,346
Aug 2001	538	24.87	3.05	$1,643
Jul 2001	164	23.93	3.20	$524
Jun 2001	590	24.56	3.82	$2,256
May 2001	315	25.52	4.31	$1,357
Apr 2001	751	24.68	5.34	$4,007
Mar 2001	756	24.54	5.38	$4,065
Feb 2001	763	27.75	5.77	$4,400
Jan 2001	1,187	27.47	8.40	$9,969
Dec 2000	1,063	26.88	9.12	$9,697
Nov 2000	29	32.21	5.66	$164
Oct 2000	25	31.23	5.15	$129
Sep 2000	24	31.87	5.19	$124
Aug 2000	47	29.64	4.54	$213
Jul 2000	0	28.53	4.09	$0
Jun 2000	35	29.30	4.40	$154
May 2000	47	27.26	3.68	$173
Apr 2000	20	24.51	3.12	$62
Mar 2000	53	28.42	2.86	$152
Feb 2000	45	27.62	2.73	$123
Jan 2000	23	25.27	2.48	$57
Dec 1999	37	24.28	2.42	$90
Nov 1999	41	23.19	2.43	$100
Oct 1999	22	20.98	2.80	$62
Sep 1999	37	21.75	2.62	$97
Aug 1999	33	19.26	2.88	$95
Jul 1999	48	17.89	2.37	$114
Jun 1999	57	15.94	2.36	$135
May 1999	250	15.79	2.32	$580
Apr 1999	331	15.10	2.21	$731
Mar 1999	110	12.47	1.84	$202
Feb 1999	224	9.98	1.82	$407
Jan 1999	284	10.38	1.90	$540
Dec 1998	321	9.20	1.77	$569
Nov 1998	240	10.89	2.19	$525
Oct 1998	211	12.42	1.97	$416
Sep 1998	254	12.59	2.08	$529
Aug 1998	379	11.30	1.91	$723
Jul 1998	224	11.74	2.24	$501
Jun 1998	463	11.24	2.24	$1,036
May 1998	65	12.62	2.21	$143
Apr 1998	0	13.04	2.51	$0
Mar 1998	251	12.80	2.31	$580
Feb 1998	264	13.95	2.30	$607
Jan 1998	250	14.70	2.15	$539
Dec 1997	5	16.32	2.41	$12
Nov 1997	438	18.19	3.09	$1,353
Oct 1997	431	19.25	3.15	$1,358
Sep 1997	138	17.74	2.95	$408
Aug 1997	0	17.86	2.55	$0
Jul 1997	244	17.58	2.25	$548
Jun 1997	283	17.24	2.26	$639
May 1997	11	18.97	2.31	$25
Apr 1997	55	17.88	2.08	$115
Mar 1997	617	18.95	1.94	$1,196
Feb 1997	617	20.49	2.21	$1,361
Jan 1997	712	23.48	3.54	$2,520
Dec 1996	608	23.32	—	$0
Nov 1996	741	21.97	—	$0
Oct 1996	639	23.31	—	$0
Sep 1996	881	22.22	—	$0
Aug 1996	956	20.26	—	$0
Jul 1996	202	19.55	—	$0
Jun 1996	342	18.73	—	$0
May 1996	11	19.43	—	$0
Apr 1996	279	21.51	—	$0
Mar 1996	332	19.38	—	$0
Feb 1996	689	16.98	—	$0
Jan 1996	107	17.07	—	$0
Dec 1995	112	17.19	—	$0
Nov 1995	9	16.00	—	$0
Oct 1995	70	15.43	—	$0
Sep 1995	135	16.18	—	$0
Aug 1995	305	15.92	—	$0
Jul 1995	18	15.24	—	$0
Jun 1995	0	16.41	—	$0
May 1995	0	17.56	—	$0
Apr 1995	0	17.73	—	$0
Mar 1995	0	16.44	—	$0
Feb 1995	0	16.58	—	$0
Jan 1995	0	15.92	—	$0
Dec 1994	0	15.03	—	$0
Nov 1994	0	15.90	—	$0
Oct 1994	0	15.58	—	$0
Sep 1994	0	15.29	—	$0
Aug 1994	0	16.13	—	$0
Jul 1994	0	17.56	—	$0
Jun 1994	0	17.09	—	$0
May 1994	0	15.88	—	$0
Apr 1994	0	14.14	—	$0
Mar 1994	0	12.46	—	$0
Feb 1994	0	12.50	—	$0
Jan 1994	0	12.66	—	$0
Dec 1993	0	12.33	—	$0
Nov 1993	0	14.49	—	$0
Oct 1993	0	15.85	—	$0
Sep 1993	0	15.03	—	$0
Aug 1993	0	15.66	—	$0
Jul 1993	0	15.46	—	$0
Jun 1993	0	16.79	—	$0
May 1993	0	17.68	—	$0
Apr 1993	0	18.05	—	$0
Mar 1993	0	18.14	—	$0
Feb 1993	0	17.90	—	$0
Jan 1993	0	16.93	—	$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.

Sep 2013 — as filed, then multipliedworked

Gas                  381 Mcf  × $  3.72 =     $1,416

────────────────────────────────────────────────────
Month total                                   $1,416

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/61557 is the state's own key, not one this site invented.