UNIVERSITY 43-20

Name: UNIVERSITY 43-20 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BUTLER, KEVIN O. & ASSOC., INC. (P-5 114050) in the MERIDIAN, SOUTH (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 99620District 08Field 60626300Hydrogen sulphide fieldNGPA filingCondensateGasSave Export

Value, all time

$70 k

Jan 1993 – Jul 2016

Value, last 12 filed months

at the published price for each month

Months reported

283

no gaps in the span

Streams

condensate, gas

The MERIDIAN, SOUTH (ELLENBURGER) 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1980-08-27

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: “ALLOCATION FORMULA EFF. 6-1-81 PER AMENDMENT TO SWR 28 & 29”

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
Condensate	Disposition	1,527 bbl	$43,869
Gas	Production	49,898 Mcf	$26,501
Total			$70,370

40,002 Mcf of this lease's gas, across 47 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 31.6387, -103.3339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63867, -103.33391 · 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

22,500 ft

1 wells filed one

Completion to plug

34.3 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 22,500 ft.

Completions filed

Mar 1982

1 of 1 wells

Plug dates filed

Jul 2016

1 of 1 wells

Last completion to plug: a median of 34.3 years across the 1 well that filed both dates, with the middle half between 34.3 years and 34.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47532236	1 L	22,500 ft	Mar 1982	Jul 2016	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 (283)

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

283 months


Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	123	0	83.40	4.15	$10,258
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	10	62.00	7.55	$75
May 2007	0	10	58.74	7.85	$78
Apr 2007	0	10	59.61	7.81	$78
Mar 2007	169	10	56.92	7.30	$9,693
Feb 2007	0	10	55.10	8.22	$82
Jan 2007	0	10	50.30	6.73	$67
Dec 2006	0	10	56.65	6.92	$69
Nov 2006	0	10	54.20	7.62	$76
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	1	54.69	10.59	$11
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	1	61.51	9.80	$10
Jul 2005	0	1	55.69	7.84	$8
Jun 2005	0	2	52.33	7.38	$15
May 2005	0	1	45.22	6.65	$7
Apr 2005	0	1	49.20	7.36	$7
Mar 2005	0	1	50.37	7.15	$7
Feb 2005	0	2	45.22	6.31	$13
Jan 2005	0	2	43.16	6.32	$13
Dec 2004	0	1	39.86	6.75	$7
Nov 2004	0	2	45.28	6.33	$13
Oct 2004	0	1	49.70	6.52	$7
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	212	0	38.28	6.08	$8,115
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	0	6	27.44	3.64	$22
Aug 2002	0	2	25.96	3.16	$6
Jul 2002	0	3	24.58	3.06	$9
Jun 2002	0	1	23.73	3.34	$3
May 2002	0	9	24.66	3.58	$32
Apr 2002	0	1	23.65	3.51	$4
Mar 2002	0	3	22.00	3.10	$9
Feb 2002	0	9	18.22	2.38	$21
Jan 2002	0	8	17.17	2.38	$19
Dec 2001	299	15	16.93	2.36	$5,098
Nov 2001	55	7	18.07	2.41	$1,011
Oct 2001	0	7	19.78	2.53	$18
Sep 2001	0	41	24.26	2.25	$92
Aug 2001	0	23	24.87	3.05	$70
Jul 2001	0	10	23.93	3.20	$32
Jun 2001	0	21	24.56	3.82	$80
May 2001	0	33	25.52	4.31	$142
Apr 2001	0	46	24.68	5.34	$245
Mar 2001	0	37	24.54	5.38	$199
Feb 2001	0	43	27.75	5.77	$248
Jan 2001	0	57	27.47	8.40	$479
Dec 2000	0	60	26.88	9.12	$547
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	372	0	12.59	2.08	$4,683
Aug 1998	0	963	11.30	1.91	$1,837
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	3	1,466	18.97	2.31	$3,441
Apr 1997	0	1,733	17.88	2.08	$3,609
Mar 1997	0	457	18.95	1.94	$886
Feb 1997	0	2,278	20.49	2.21	$5,025
Jan 1997	0	2,459	23.48	3.54	$8,704
Dec 1996	0	4,280	23.32	—	$0
Nov 1996	0	48	21.97	—	$0
Oct 1996	0	245	23.31	—	$0
Sep 1996	0	271	22.22	—	$0
Aug 1996	0	361	20.26	—	$0
Jul 1996	0	362	19.55	—	$0
Jun 1996	0	303	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	561	21.51	—	$0
Mar 1996	0	235	19.38	—	$0
Feb 1996	0	257	16.98	—	$0
Jan 1996	0	398	17.07	—	$0
Dec 1995	0	249	17.19	—	$0
Nov 1995	0	338	16.00	—	$0
Oct 1995	0	337	15.43	—	$0
Sep 1995	0	359	16.18	—	$0
Aug 1995	0	396	15.92	—	$0
Jul 1995	0	354	15.24	—	$0
Jun 1995	0	423	16.41	—	$0
May 1995	117	129	17.56	—	$2,055
Apr 1995	0	219	17.73	—	$0
Mar 1995	0	490	16.44	—	$0
Feb 1995	0	298	16.58	—	$0
Jan 1995	0	352	15.92	—	$0
Dec 1994	0	402	15.03	—	$0
Nov 1994	0	332	15.90	—	$0
Oct 1994	0	442	15.58	—	$0
Sep 1994	0	706	15.29	—	$0
Aug 1994	0	1,386	16.13	—	$0
Jul 1994	0	2,237	17.56	—	$0
Jun 1994	177	8,314	17.09	—	$3,025
May 1994	0	230	15.88	—	$0
Apr 1994	0	286	14.14	—	$0
Mar 1994	0	185	12.46	—	$0
Feb 1994	0	3	12.50	—	$0
Jan 1994	0	240	12.66	—	$0
Dec 1993	0	244	12.33	—	$0
Nov 1993	0	414	14.49	—	$0
Oct 1993	0	1,069	15.85	—	$0
Sep 1993	0	1,304	15.03	—	$0
Aug 1993	0	943	15.66	—	$0
Jul 1993	0	705	15.46	—	$0
Jun 1993	0	343	16.79	—	$0
May 1993	0	1,302	17.68	—	$0
Apr 1993	0	1,757	18.05	—	$0
Mar 1993	0	3,791	18.14	—	$0
Feb 1993	0	270	17.90	—	$0
Jan 1993	0	1,832	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.

Aug 2011 — as filed, then multipliedworked

Condensate           123 bbl  × $ 83.40 =    $10,258
Gas                    0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                  $10,258

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/99620 is the state's own key, not one this site invented.