UNIVERSITY "31-E"

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) in the WAR-WINK (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 84262District 08Field 95122400Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$833 k
Jan 1993 – Nov 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
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 20 leases and 21 wells, and the rule below applies to all of them.

Discovered
1959-09-23
as the register files it
Field class
Oil and 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: ALLOCATION FORMULA EFFECTIVE 12/01/87.

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
CondensateDisposition2,875 bbl$64,594
GasProduction297,063 Mcf$768,481
Total$833,075

120,790 Mcf of this lease's gas, across 48 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 31.6466, -103.2276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64664, -103.22760 · 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
5,080 ft
1 wells filed one
Completion to plug
33.2 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 5,080 ft.

Completions filed
Sep 1979
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 33.2 years across the 1 well that filed both dates, with the middle half between 33.2 years and 33.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4753194025,080 ftSep 1979Nov 2012Yes

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 (239)

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

239 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 200931065.543.06$2,032
Aug 20090067.423.22$0
Jul 200904461.133.46$152
Jun 2009012866.163.90$499
May 2009028254.743.93$1,107
Apr 2009021946.773.59$786
Mar 2009042842.144.06$1,737
Feb 20097135432.814.63$3,970
Jan 2009048935.865.37$2,626
Dec 2008047937.105.98$2,863
Nov 2008066755.496.86$4,576
Oct 2008065775.246.92$4,548
Sep 20080332101.767.88$2,615
Aug 20080562114.228.48$4,767
Jul 20080565131.0811.39$6,435
Jun 20080396131.3313.03$5,161
May 20080516123.1711.57$5,972
Apr 20080355110.3110.45$3,711
Mar 20080477101.909.66$4,610
Feb 2008046392.538.77$4,061
Jan 2008041690.388.21$3,414
Dec 200710942888.337.30$12,753
Nov 2007070391.677.29$5,126
Oct 2007068582.856.92$4,742
Sep 2007033775.846.24$2,104
Aug 2007059969.066.39$3,826
Jul 2007049170.906.39$3,136
Jun 2007039062.007.55$2,944
May 2007061258.747.85$4,802
Apr 2007055259.617.81$4,308
Mar 2007048156.927.30$3,512
Feb 2007044755.108.22$3,673
Jan 2007045550.306.73$3,061
Dec 2006049756.656.92$3,438
Nov 2006058754.207.62$4,471
Oct 2006064454.906.01$3,873
Sep 2006066960.085.04$3,370
Aug 20063461468.717.34$6,843
Jul 2006087369.376.34$5,537
Jun 2006069366.286.38$4,424
May 2006094466.016.42$6,065
Apr 200601,14764.397.36$8,442
Mar 2006037356.707.08$2,642
Feb 2006066857.597.75$5,178
Jan 2006075860.598.93$6,771
Dec 2005096054.9413.42$12,879
Nov 2005091854.6910.59$9,720
Oct 20053941758.3413.80$8,028
Sep 2005078861.4512.08$9,518
Aug 2005086061.519.80$8,425
Jul 2005071855.697.84$5,632
Jun 2005082552.337.38$6,089
May 2005090945.226.65$6,046
Apr 2005085649.207.36$6,301
Mar 2005074950.377.15$5,359
Feb 2005073645.226.31$4,646
Jan 2005094343.166.32$5,962
Dec 2004077139.866.75$5,205
Nov 2004078445.286.33$4,963
Oct 2004080949.706.52$5,271
Sep 2004083143.245.28$4,391
Aug 2004092142.375.55$5,112
Jul 2004079038.286.08$4,807
Jun 2004087736.106.43$5,642
May 2004089237.486.49$5,793
Apr 2004066034.475.86$3,867
Mar 2004084534.365.53$4,673
Feb 2004098732.455.51$5,438
Jan 200401,15132.036.30$7,251
Dec 2003086330.266.30$5,438
Nov 200301,02728.804.60$4,719
Oct 200301,06328.174.76$5,060
Sep 200301,00726.314.75$4,783
Aug 200301,05229.765.13$5,396
Jul 200301,13129.415.17$5,848
Jun 2003085928.565.98$5,139
May 2003090926.595.97$5,429
Apr 2003099126.675.41$5,359
Mar 2003651,11531.146.10$8,821
Feb 200301,01433.487.93$8,037
Jan 200301,38930.315.58$7,753
Dec 2002069726.914.85$3,383
Nov 2002050224.664.14$2,077
Oct 2002086126.464.23$3,641
Sep 2002070527.443.64$2,563
Aug 2002097025.963.16$3,069
Jul 2002080124.583.06$2,452
Jun 2002089923.733.34$3,001
May 2002058724.663.58$2,104
Apr 200201,20923.653.51$4,246
Mar 2002731,26922.003.10$5,543
Feb 200201,24818.222.38$2,965
Jan 200201,50917.172.38$3,585
Dec 200101,61516.932.36$3,819
Nov 200101,53918.072.41$3,702
Oct 200101,62019.782.53$4,097
Sep 200101,94324.262.25$4,374
Aug 200102,68924.873.05$8,210
Jul 200101,01123.933.20$3,232
Jun 200101,07224.563.82$4,100
May 200102,40025.524.31$10,338
Apr 200102,45024.685.34$13,072
Mar 200102,04124.545.38$10,973
Feb 200101,93527.755.77$11,159
Jan 2001442,06827.478.40$18,577
Dec 200002,03726.889.12$18,583
Nov 200002,00532.215.66$11,344
Oct 200002,16731.235.15$11,150
Sep 200001,66931.875.19$8,656
Aug 200001,29729.644.54$5,889
Jul 200002,27028.534.09$9,284
Jun 200002,20129.304.40$9,678
May 200002,26727.263.68$8,342
Apr 200002,02424.513.12$6,307
Mar 200001,92928.422.86$5,516
Feb 200001,63827.622.73$4,466
Jan 20001661,90025.272.48$8,908
Dec 199901,99324.282.42$4,830
Nov 199901,98123.192.43$4,822
Oct 199902,12620.982.80$5,961
Sep 199902,05621.752.62$5,384
Aug 199902,54419.262.88$7,316
Jul 199902,50317.892.37$5,938
Jun 19991762,55915.942.36$8,850
May 199902,28615.792.32$5,306
Apr 19991691,89315.102.21$6,732
Mar 199901,92012.471.84$3,530
Feb 19991731,6779.981.82$4,775
Jan 199901,76310.381.90$3,350
Dec 199801,7269.201.77$3,061
Nov 199801,83610.892.19$4,013
Oct 199801,76212.421.97$3,470
Sep 199801,62212.592.08$3,378
Aug 199801,83411.301.91$3,498
Jul 199802,08911.742.24$4,674
Jun 199802,58011.242.24$5,772
May 199801,54712.622.21$3,413
Apr 199802,19613.042.51$5,502
Mar 199801,67612.802.31$3,871
Feb 199801,51113.952.30$3,474
Jan 19981761,75714.702.15$6,373
Dec 199701,65016.322.41$3,978
Nov 1997053818.193.09$1,661
Oct 1997087819.253.15$2,766
Sep 1997082217.742.95$2,429
Aug 1997921,19117.862.55$4,686
Jul 1997094317.582.25$2,119
Jun 1997065117.242.26$1,469
May 19971761,89418.972.31$7,711
Apr 199702,00217.882.08$4,170
Mar 199702,36918.951.94$4,594
Feb 199701,51220.492.21$3,335
Jan 199702,44923.483.54$8,669
Dec 199601,67523.32$0
Nov 199601,49321.97$0
Oct 19961821,66423.31$4,242
Sep 199601,16422.22$0
Aug 199601,40220.26$0
Jul 199601,39019.55$0
Jun 199601,64018.73$0
May 199601,92119.43$0
Apr 19961862,21521.51$4,001
Mar 199601,72419.38$0
Feb 199602,47116.98$0
Jan 199602,01417.07$0
Dec 1995096017.19$0
Nov 199501,89016.00$0
Oct 19951832,35415.43$2,824
Sep 19951822,81816.18$2,945
Aug 199502,02915.92$0
Jul 199502,78615.24$0
Jun 199503,27616.41$0
May 199503,29917.56$0
Apr 19951762,72217.73$3,120
Mar 199503,09216.44$0
Feb 199502,43416.58$0
Jan 199503,40915.92$0
Dec 199403,25915.03$0
Nov 199403,07715.90$0
Oct 199403,74615.58$0
Sep 19941822,69915.29$2,783
Aug 199402,41916.13$0
Jul 199403,28317.56$0
Jun 199403,26917.09$0
May 199403,79315.88$0
Apr 199403,32314.14$0
Mar 19941784,32912.46$2,218
Feb 199401,47512.50$0
Jan 1994033012.66$0
Dec 199302,26512.33$0
Nov 1993122,54614.49$174
Oct 199302,79615.85$0
Sep 199302,96815.03$0
Aug 199302,42215.66$0
Jul 199302,58915.46$0
Jun 199303,24016.79$0
May 199302,99917.68$0
Apr 199303,25018.05$0
Mar 199303,17818.14$0
Feb 199302,91817.90$0
Jan 199302,77516.93$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 2009 — as filed, then multipliedworked
Condensate            31 bbl  × $ 65.54 =     $2,032
Gas                    0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $2,032

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/84262 is the state's own key, not one this site invented.