UNIVERSITY "14"

Name: UNIVERSITY "14" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SANDRIDGE EXPL. AND PROD., LLC (P-5 748011) 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 65190District 08Field 09250800Hydrogen sulphide fieldGasSave Export

Value, all time

$248 k

Jan 1993 – Jul 2011

Value, last 12 filed months

at the published price for each month

Months reported

223

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”

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	62,135 Mcf	$248,064
Total			$248,064

8,840 Mcf of this lease's gas, across 42 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 32.2431, -102.8570. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24315, -102.85704 · 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

10,203 ft

1 wells filed one

Completion to plug

35.4 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 10,203 ft.

Completions filed

Feb 1976

1 of 1 wells

Plug dates filed

Jul 2011

1 of 1 wells

Last completion to plug: a median of 35.4 years across the 1 well that filed both dates, with the middle half between 35.4 years and 35.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00301068	1	10,203 ft	Feb 1976	Jul 2011	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 (223)

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

223 months


Jul 2011	0	94.14	4.52	$0
Jun 2011	0	92.90	4.64	$0
May 2011	0	98.13	4.40	$0
Apr 2011	0	105.96	4.33	$0
Mar 2011	0	96.36	4.06	$0
Feb 2011	0	85.64	4.18	$0
Jan 2011	0	86.50	4.59	$0
Dec 2010	0	85.73	4.35	$0
Nov 2010	0	80.84	3.80	$0
Oct 2010	0	78.10	3.51	$0
Sep 2010	0	72.63	3.98	$0
Aug 2010	0	73.68	4.42	$0
Jul 2010	0	72.55	4.74	$0
Jun 2010	103	70.36	4.91	$506
May 2010	210	71.12	4.24	$889
Apr 2010	664	81.69	4.12	$2,737
Mar 2010	250	78.39	4.39	$1,097
Feb 2010	0	73.58	5.44	$0
Jan 2010	212	74.36	5.96	$1,264
Dec 2009	334	71.44	5.48	$1,832
Nov 2009	300	74.59	3.75	$1,125
Oct 2009	144	72.54	4.11	$592
Sep 2009	19	65.54	3.06	$58
Aug 2009	0	67.42	3.22	$0
Jul 2009	134	61.13	3.46	$464
Jun 2009	294	66.16	3.90	$1,145
May 2009	262	54.74	3.93	$1,029
Apr 2009	238	46.77	3.59	$854
Mar 2009	318	42.14	4.06	$1,291
Feb 2009	261	32.81	4.63	$1,209
Jan 2009	383	35.86	5.37	$2,057
Dec 2008	288	37.10	5.98	$1,721
Nov 2008	63	55.49	6.86	$432
Oct 2008	337	75.24	6.92	$2,333
Sep 2008	77	101.76	7.88	$607
Aug 2008	183	114.22	8.48	$1,552
Jul 2008	297	131.08	11.39	$3,383
Jun 2008	315	131.33	13.03	$4,105
May 2008	18	123.17	11.57	$208
Apr 2008	124	110.31	10.45	$1,296
Mar 2008	309	101.90	9.66	$2,986
Feb 2008	268	92.53	8.77	$2,351
Jan 2008	318	90.38	8.21	$2,609
Dec 2007	376	88.33	7.30	$2,746
Nov 2007	335	91.67	7.29	$2,443
Oct 2007	337	82.85	6.92	$2,333
Sep 2007	149	75.84	6.24	$930
Aug 2007	365	69.06	6.39	$2,332
Jul 2007	337	70.90	6.39	$2,153
Jun 2007	337	62.00	7.55	$2,544
May 2007	0	58.74	7.85	$0
Apr 2007	59	59.61	7.81	$461
Mar 2007	196	56.92	7.30	$1,431
Feb 2007	234	55.10	8.22	$1,923
Jan 2007	217	50.30	6.73	$1,460
Dec 2006	243	56.65	6.92	$1,681
Nov 2006	213	54.20	7.62	$1,623
Oct 2006	323	54.90	6.01	$1,942
Sep 2006	377	60.08	5.04	$1,899
Aug 2006	192	68.71	7.34	$1,409
Jul 2006	297	69.37	6.34	$1,884
Jun 2006	266	66.28	6.38	$1,698
May 2006	215	66.01	6.42	$1,381
Apr 2006	190	64.39	7.36	$1,398
Mar 2006	216	56.70	7.08	$1,530
Feb 2006	245	57.59	7.75	$1,899
Jan 2006	296	60.59	8.93	$2,644
Dec 2005	393	54.94	13.42	$5,272
Nov 2005	365	54.69	10.59	$3,865
Oct 2005	1	58.34	13.80	$14
Sep 2005	239	61.45	12.08	$2,887
Aug 2005	390	61.51	9.80	$3,821
Jul 2005	322	55.69	7.84	$2,526
Jun 2005	166	52.33	7.38	$1,225
May 2005	227	45.22	6.65	$1,510
Apr 2005	183	49.20	7.36	$1,347
Mar 2005	183	50.37	7.15	$1,309
Feb 2005	351	45.22	6.31	$2,215
Jan 2005	346	43.16	6.32	$2,187
Dec 2004	324	39.86	6.75	$2,187
Nov 2004	229	45.28	6.33	$1,450
Oct 2004	285	49.70	6.52	$1,857
Sep 2004	226	43.24	5.28	$1,194
Aug 2004	366	42.37	5.55	$2,032
Jul 2004	302	38.28	6.08	$1,837
Jun 2004	178	36.10	6.43	$1,145
May 2004	221	37.48	6.49	$1,435
Apr 2004	48	34.47	5.86	$281
Mar 2004	106	34.36	5.53	$586
Feb 2004	297	32.45	5.51	$1,636
Jan 2004	222	32.03	6.30	$1,399
Dec 2003	151	30.26	6.30	$952
Nov 2003	226	28.80	4.60	$1,039
Oct 2003	201	28.17	4.76	$957
Sep 2003	199	26.31	4.75	$945
Aug 2003	31	29.76	5.13	$159
Jul 2003	282	29.41	5.17	$1,458
Jun 2003	195	28.56	5.98	$1,167
May 2003	356	26.59	5.97	$2,126
Apr 2003	285	26.67	5.41	$1,541
Mar 2003	455	31.14	6.10	$2,774
Feb 2003	279	33.48	7.93	$2,211
Jan 2003	367	30.31	5.58	$2,049
Dec 2002	272	26.91	4.85	$1,320
Nov 2002	392	24.66	4.14	$1,622
Oct 2002	298	26.46	4.23	$1,260
Sep 2002	314	27.44	3.64	$1,141
Aug 2002	241	25.96	3.16	$763
Jul 2002	475	24.58	3.06	$1,454
Jun 2002	391	23.73	3.34	$1,305
May 2002	367	24.66	3.58	$1,315
Apr 2002	271	23.65	3.51	$952
Mar 2002	282	22.00	3.10	$875
Feb 2002	309	18.22	2.38	$734
Jan 2002	177	17.17	2.38	$421
Dec 2001	353	16.93	2.36	$835
Nov 2001	233	18.07	2.41	$560
Oct 2001	147	19.78	2.53	$372
Sep 2001	352	24.26	2.25	$792
Aug 2001	219	24.87	3.05	$669
Jul 2001	201	23.93	3.20	$643
Jun 2001	261	24.56	3.82	$998
May 2001	272	25.52	4.31	$1,172
Apr 2001	131	24.68	5.34	$699
Mar 2001	277	24.54	5.38	$1,489
Feb 2001	461	27.75	5.77	$2,659
Jan 2001	503	27.47	8.40	$4,225
Dec 2000	614	26.88	9.12	$5,601
Nov 2000	732	32.21	5.66	$4,142
Oct 2000	676	31.23	5.15	$3,478
Sep 2000	700	31.87	5.19	$3,631
Aug 2000	853	29.64	4.54	$3,873
Jul 2000	640	28.53	4.09	$2,617
Jun 2000	672	29.30	4.40	$2,955
May 2000	482	27.26	3.68	$1,774
Apr 2000	541	24.51	3.12	$1,686
Mar 2000	623	28.42	2.86	$1,782
Feb 2000	498	27.62	2.73	$1,358
Jan 2000	572	25.27	2.48	$1,419
Dec 1999	448	24.28	2.42	$1,086
Nov 1999	625	23.19	2.43	$1,521
Oct 1999	74	20.98	2.80	$207
Sep 1999	583	21.75	2.62	$1,527
Aug 1999	685	19.26	2.88	$1,970
Jul 1999	887	17.89	2.37	$2,104
Jun 1999	878	15.94	2.36	$2,074
May 1999	1,023	15.79	2.32	$2,374
Apr 1999	968	15.10	2.21	$2,137
Mar 1999	657	12.47	1.84	$1,208
Feb 1999	775	9.98	1.82	$1,409
Jan 1999	775	10.38	1.90	$1,472
Dec 1998	901	9.20	1.77	$1,598
Nov 1998	911	10.89	2.19	$1,991
Oct 1998	191	12.42	1.97	$376
Sep 1998	111	12.59	2.08	$231
Aug 1998	118	11.30	1.91	$225
Jul 1998	112	11.74	2.24	$251
Jun 1998	36	11.24	2.24	$81
May 1998	143	12.62	2.21	$316
Apr 1998	129	13.04	2.51	$323
Mar 1998	209	12.80	2.31	$483
Feb 1998	195	13.95	2.30	$448
Jan 1998	231	14.70	2.15	$498
Dec 1997	216	16.32	2.41	$521
Nov 1997	216	18.19	3.09	$667
Oct 1997	195	19.25	3.15	$614
Sep 1997	286	17.74	2.95	$845
Aug 1997	389	17.86	2.55	$994
Jul 1997	272	17.58	2.25	$611
Jun 1997	240	17.24	2.26	$542
May 1997	244	18.97	2.31	$563
Apr 1997	301	17.88	2.08	$627
Mar 1997	739	18.95	1.94	$1,433
Feb 1997	739	20.49	2.21	$1,630
Jan 1997	1,256	23.48	3.54	$4,446
Dec 1996	165	23.32	—	$0
Nov 1996	0	21.97	—	$0
Oct 1996	185	23.31	—	$0
Sep 1996	175	22.22	—	$0
Aug 1996	182	20.26	—	$0
Jul 1996	178	19.55	—	$0
Jun 1996	180	18.73	—	$0
May 1996	180	19.43	—	$0
Apr 1996	182	21.51	—	$0
Mar 1996	182	19.38	—	$0
Feb 1996	150	16.98	—	$0
Jan 1996	185	17.07	—	$0
Dec 1995	157	17.19	—	$0
Nov 1995	204	16.00	—	$0
Oct 1995	15	15.43	—	$0
Sep 1995	27	16.18	—	$0
Aug 1995	60	15.92	—	$0
Jul 1995	0	15.24	—	$0
Jun 1995	203	16.41	—	$0
May 1995	187	17.56	—	$0
Apr 1995	199	17.73	—	$0
Mar 1995	187	16.44	—	$0
Feb 1995	184	16.58	—	$0
Jan 1995	105	15.92	—	$0
Dec 1994	99	15.03	—	$0
Nov 1994	103	15.90	—	$0
Oct 1994	205	15.58	—	$0
Sep 1994	198	15.29	—	$0
Aug 1994	204	16.13	—	$0
Jul 1994	224	17.56	—	$0
Jun 1994	50	17.09	—	$0
May 1994	103	15.88	—	$0
Apr 1994	173	14.14	—	$0
Mar 1994	255	12.46	—	$0
Feb 1994	109	12.50	—	$0
Jan 1994	109	12.66	—	$0
Dec 1993	85	12.33	—	$0
Nov 1993	102	14.49	—	$0
Oct 1993	43	15.85	—	$0
Sep 1993	50	15.03	—	$0
Aug 1993	461	15.66	—	$0
Jul 1993	913	15.46	—	$0
Jun 1993	975	16.79	—	$0
May 1993	907	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.

Jun 2010 — as filed, then multipliedworked

Gas                  103 Mcf  × $  4.91 =       $506

────────────────────────────────────────────────────
Month total                                     $506

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/65190 is the state's own key, not one this site invented.