PHILLIPS UNIVERSITY "28-B"

Name: PHILLIPS UNIVERSITY "28-B" 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 ANDREWS, SOUTH (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11633District 08Field 02730852Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$4.4 M

Jan 1993 – Mar 2016

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

279

no gaps in the span

Streams

oil, casinghead gas

The ANDREWS, SOUTH (WOLFCAMP) 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 68 leases and 131 wells, and the rule below applies to all of them.

Discovered

1953-09-14

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres.

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.

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	4	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
Oil	Disposition	96,716 bbl	$3,763,518
Casinghead gas	Production	210,753 Mcf	$621,744
Total			$4,385,263

70,952 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 (6)

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 32.1667, -102.5038. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.16674, -102.50440 · 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%

6 of 6 wells

With a plug date

100.0%

6 of 6 wells

Median depth

9,610 ft

6 wells filed one

Completion to plug

30.8 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

6100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

6100.0%

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

Between 9,075 and 9,950 ft, median 9,610 ft, over the 6 wells that filed a depth.

Completions filed

May 1981 – Dec 1983

4 of 6 wells; 2 filed none

Plug dates filed

Mar 1982 – Feb 2016

6 of 6 wells

Last completion to plug: a median of 30.8 years across the 4 wells that filed both dates, with the middle half between 25.1 years and 33.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells


42-00305530	3	9,075 ft	—	Apr 1982	Yes
42-00305531	4	9,944 ft	—	Mar 1982	Yes
42-00333547	8	9,200 ft	Dec 1983	Dec 2012	Yes
42-00333548	9	9,275 ft	Aug 1983	Feb 2016	Yes
42-00332996	7	9,950 ft	Jul 1982	Oct 1995	Yes
42-00332707	5	9,950 ft	May 1981	Feb 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 (279)

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

279 months


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	206	0	42.99	2.76	$8,856
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	178	0	98.16	4.74	$17,472
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	97	0	95.89	5.06	$9,301
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	153	0	90.40	4.86	$13,831
Dec 2013	182	0	91.82	4.35	$16,711
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	314	15	104.11	3.72	$32,746
Aug 2013	0	70	104.25	3.52	$247
Jul 2013	334	6	102.52	3.72	$34,264
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	183	0	91.23	3.42	$16,695
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	313	0	86.77	3.42	$27,159
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	348	0	94.67	2.92	$32,945
Aug 2012	181	0	92.66	2.91	$16,771
Jul 2012	179	0	85.13	3.02	$15,238
Jun 2012	366	9	79.82	2.52	$29,237
May 2012	359	0	91.61	2.49	$32,888
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	366	406	105.05	2.22	$39,350
Feb 2012	542	367	101.10	2.57	$55,739
Jan 2012	370	315	98.09	2.73	$37,155
Dec 2011	183	311	96.87	3.24	$18,735
Nov 2011	359	390	95.72	3.31	$35,655
Oct 2011	370	315	84.98	3.65	$32,592
Sep 2011	0	199	83.62	3.99	$793
Aug 2011	182	330	83.40	4.15	$16,548
Jul 2011	364	420	94.14	4.52	$36,164
Jun 2011	368	390	92.90	4.64	$35,997
May 2011	368	412	98.13	4.40	$37,927
Apr 2011	185	436	105.96	4.33	$21,492
Mar 2011	380	449	96.36	4.06	$38,439
Feb 2011	0	336	85.64	4.18	$1,404
Jan 2011	365	452	86.50	4.59	$33,647
Dec 2010	190	378	85.73	4.35	$17,932
Nov 2010	368	395	80.84	3.80	$31,248
Oct 2010	360	472	78.10	3.51	$29,772
Sep 2010	363	443	72.63	3.98	$28,128
Aug 2010	363	418	73.68	4.42	$28,593
Jul 2010	366	526	72.55	4.74	$29,045
Jun 2010	172	418	70.36	4.91	$14,154
May 2010	365	450	71.12	4.24	$27,865
Apr 2010	367	405	81.69	4.12	$31,650
Mar 2010	181	381	78.39	4.39	$15,861
Feb 2010	181	400	73.58	5.44	$15,495
Jan 2010	339	512	74.36	5.96	$28,262
Dec 2009	357	485	71.44	5.48	$28,164
Nov 2009	351	478	74.59	3.75	$27,974
Oct 2009	334	193	72.54	4.11	$25,022
Sep 2009	349	521	65.54	3.06	$24,470
Aug 2009	513	543	67.42	3.22	$36,334
Jul 2009	165	501	61.13	3.46	$11,822
Jun 2009	500	502	66.16	3.90	$35,035
May 2009	342	557	54.74	3.93	$20,908
Apr 2009	340	528	46.77	3.59	$17,796
Mar 2009	529	558	42.14	4.06	$24,557
Feb 2009	356	575	32.81	4.63	$14,344
Jan 2009	524	693	35.86	5.37	$22,513
Dec 2008	525	734	37.10	5.98	$23,865
Nov 2008	350	767	55.49	6.86	$24,683
Oct 2008	530	581	75.24	6.92	$43,899
Sep 2008	181	288	101.76	7.88	$20,687
Aug 2008	540	470	114.22	8.48	$65,666
Jul 2008	363	530	131.08	11.39	$53,618
Jun 2008	349	512	131.33	13.03	$52,507
May 2008	350	532	123.17	11.57	$49,267
Apr 2008	345	503	110.31	10.45	$43,316
Mar 2008	543	330	101.90	9.66	$58,521
Feb 2008	535	144	92.53	8.77	$50,767
Jan 2008	353	361	90.38	8.21	$34,866
Dec 2007	362	246	88.33	7.30	$33,772
Nov 2007	365	297	91.67	7.29	$35,625
Oct 2007	359	284	82.85	6.92	$31,709
Sep 2007	180	230	75.84	6.24	$15,087
Aug 2007	347	284	69.06	6.39	$25,778
Jul 2007	360	597	70.90	6.39	$29,338
Jun 2007	354	810	62.00	7.55	$28,062
May 2007	333	331	58.74	7.85	$22,158
Apr 2007	180	385	59.61	7.81	$13,735
Mar 2007	365	646	56.92	7.30	$25,493
Feb 2007	372	577	55.10	8.22	$25,238
Jan 2007	380	815	50.30	6.73	$24,596
Dec 2006	177	457	56.65	6.92	$13,189
Nov 2006	183	86	54.20	7.62	$10,574
Oct 2006	358	168	54.90	6.01	$20,665
Sep 2006	180	547	60.08	5.04	$13,570
Aug 2006	365	701	68.71	7.34	$30,224
Jul 2006	355	752	69.37	6.34	$29,396
Jun 2006	175	434	66.28	6.38	$14,370
May 2006	359	633	66.01	6.42	$27,765
Apr 2006	538	766	64.39	7.36	$40,280
Mar 2006	0	697	56.70	7.08	$4,937
Feb 2006	184	566	57.59	7.75	$14,984
Jan 2006	358	585	60.59	8.93	$26,917
Dec 2005	358	544	54.94	13.42	$26,967
Nov 2005	177	536	54.69	10.59	$15,356
Oct 2005	181	631	58.34	13.80	$19,265
Sep 2005	358	688	61.45	12.08	$30,309
Aug 2005	261	810	61.51	9.80	$23,990
Jul 2005	356	352	55.69	7.84	$22,587
Jun 2005	714	8	52.33	7.38	$37,423
May 2005	360	0	45.22	6.65	$16,279
Apr 2005	363	11	49.20	7.36	$17,941
Mar 2005	363	0	50.37	7.15	$18,284
Feb 2005	179	157	45.22	6.31	$9,085
Jan 2005	572	601	43.16	6.32	$28,487
Dec 2004	375	715	39.86	6.75	$19,775
Nov 2004	364	764	45.28	6.33	$21,318
Oct 2004	356	718	49.70	6.52	$22,371
Sep 2004	526	445	43.24	5.28	$25,096
Aug 2004	357	602	42.37	5.55	$18,468
Jul 2004	351	727	38.28	6.08	$17,859
Jun 2004	544	985	36.10	6.43	$25,975
May 2004	360	974	37.48	6.49	$19,819
Apr 2004	354	700	34.47	5.86	$16,303
Mar 2004	368	750	34.36	5.53	$16,792
Feb 2004	357	697	32.45	5.51	$15,425
Jan 2004	372	857	32.03	6.30	$17,314
Dec 2003	368	949	30.26	6.30	$17,116
Nov 2003	369	868	28.80	4.60	$14,616
Oct 2003	358	772	28.17	4.76	$13,759
Sep 2003	366	780	26.31	4.75	$13,334
Aug 2003	371	1,069	29.76	5.13	$16,525
Jul 2003	367	1,065	29.41	5.17	$16,300
Jun 2003	362	1,059	28.56	5.98	$16,675
May 2003	348	1,014	26.59	5.97	$15,310
Apr 2003	372	972	26.67	5.41	$15,177
Mar 2003	372	993	31.14	6.10	$17,637
Feb 2003	373	915	33.48	7.93	$19,740
Jan 2003	182	912	30.31	5.58	$10,607
Dec 2002	542	978	26.91	4.85	$19,332
Nov 2002	370	1,041	24.66	4.14	$13,431
Oct 2002	365	1,122	26.46	4.23	$14,403
Sep 2002	184	1,060	27.44	3.64	$8,902
Aug 2002	360	1,047	25.96	3.16	$12,658
Jul 2002	373	1,059	24.58	3.06	$12,411
Jun 2002	379	985	23.73	3.34	$12,282
May 2002	178	822	24.66	3.58	$7,336
Apr 2002	357	405	23.65	3.51	$9,866
Mar 2002	345	1,164	22.00	3.10	$11,202
Feb 2002	360	591	18.22	2.38	$7,963
Jan 2002	373	822	17.17	2.38	$8,357
Dec 2001	376	1,051	16.93	2.36	$8,851
Nov 2001	383	1,029	18.07	2.41	$9,396
Oct 2001	561	1,168	19.78	2.53	$14,050
Sep 2001	188	1,119	24.26	2.25	$7,080
Aug 2001	373	1,149	24.87	3.05	$12,785
Jul 2001	349	903	23.93	3.20	$11,239
Jun 2001	370	1,005	24.56	3.82	$12,930
May 2001	365	1,122	25.52	4.31	$14,148
Apr 2001	380	1,107	24.68	5.34	$15,285
Mar 2001	379	1,152	24.54	5.38	$15,494
Feb 2001	383	1,011	27.75	5.77	$16,459
Jan 2001	572	1,089	27.47	8.40	$24,859
Dec 2000	178	900	26.88	9.12	$12,995
Nov 2000	525	1,101	32.21	5.66	$23,140
Oct 2000	382	1,197	31.23	5.15	$18,089
Sep 2000	381	1,119	31.87	5.19	$17,946
Aug 2000	377	1,218	29.64	4.54	$16,705
Jul 2000	351	1,269	28.53	4.09	$15,204
Jun 2000	375	1,113	29.30	4.40	$15,882
May 2000	384	1,104	27.26	3.68	$14,530
Apr 2000	374	1,080	24.51	3.12	$12,532
Mar 2000	376	1,206	28.42	2.86	$14,135
Feb 2000	374	1,191	27.62	2.73	$13,577
Jan 2000	571	774	25.27	2.48	$16,349
Dec 1999	187	822	24.28	2.42	$6,533
Nov 1999	384	1,107	23.19	2.43	$11,599
Oct 1999	373	1,206	20.98	2.80	$11,207
Sep 1999	360	1,113	21.75	2.62	$10,745
Aug 1999	558	1,218	19.26	2.88	$14,250
Jul 1999	375	1,206	17.89	2.37	$9,570
Jun 1999	514	744	15.94	2.36	$9,951
May 1999	382	1,119	15.79	2.32	$8,629
Apr 1999	364	980	15.10	2.21	$7,660
Mar 1999	369	1,174	12.47	1.84	$6,760
Feb 1999	377	915	9.98	1.82	$5,426
Jan 1999	381	1,030	10.38	1.90	$5,912
Dec 1998	447	1,294	9.20	1.77	$6,407
Nov 1998	717	1,088	10.89	2.19	$10,186
Oct 1998	357	1,338	12.42	1.97	$7,069
Sep 1998	367	1,290	12.59	2.08	$7,307
Aug 1998	370	1,298	11.30	1.91	$6,657
Jul 1998	742	1,313	11.74	2.24	$11,649
Jun 1998	387	1,332	11.24	2.24	$7,330
May 1998	380	1,329	12.62	2.21	$7,728
Apr 1998	378	934	13.04	2.51	$7,269
Mar 1998	357	1,205	12.80	2.31	$7,352
Feb 1998	352	1,166	13.95	2.30	$7,591
Jan 1998	730	1,298	14.70	2.15	$13,528
Dec 1997	363	1,335	16.32	2.41	$9,143
Nov 1997	394	1,226	18.19	3.09	$10,953
Oct 1997	745	1,419	19.25	3.15	$18,811
Sep 1997	340	1,333	17.74	2.95	$9,970
Aug 1997	376	1,506	17.86	2.55	$10,563
Jul 1997	357	1,489	17.58	2.25	$9,622
Jun 1997	350	1,089	17.24	2.26	$8,492
May 1997	747	1,270	18.97	2.31	$17,102
Apr 1997	381	1,099	17.88	2.08	$9,101
Mar 1997	355	1,336	18.95	1.94	$9,318
Feb 1997	736	1,239	20.49	2.21	$17,814
Jan 1997	364	1,422	23.48	3.54	$13,580
Dec 1996	369	1,386	23.32	—	$8,605
Nov 1996	745	1,263	21.97	—	$16,368
Oct 1996	354	1,657	23.31	—	$8,252
Sep 1996	362	1,666	22.22	—	$8,044
Aug 1996	726	1,502	20.26	—	$14,709
Jul 1996	353	1,745	19.55	—	$6,901
Jun 1996	352	1,019	18.73	—	$6,593
May 1996	736	1,181	19.43	—	$14,300
Apr 1996	367	1,030	21.51	—	$7,894
Mar 1996	766	1,194	19.38	—	$14,845
Feb 1996	371	993	16.98	—	$6,300
Jan 1996	388	1,309	17.07	—	$6,623
Dec 1995	781	1,307	17.19	—	$13,425
Nov 1995	377	1,093	16.00	—	$6,032
Oct 1995	382	1,264	15.43	—	$5,894
Sep 1995	379	1,334	16.18	—	$6,132
Aug 1995	762	1,455	15.92	—	$12,131
Jul 1995	367	1,536	15.24	—	$5,593
Jun 1995	734	1,580	16.41	—	$12,045
May 1995	382	1,521	17.56	—	$6,708
Apr 1995	381	1,386	17.73	—	$6,755
Mar 1995	780	1,378	16.44	—	$12,823
Feb 1995	356	1,394	16.58	—	$5,902
Jan 1995	352	1,482	15.92	—	$5,604
Dec 1994	747	1,579	15.03	—	$11,227
Nov 1994	719	1,653	15.90	—	$11,432
Oct 1994	374	1,921	15.58	—	$5,827
Sep 1994	755	1,747	15.29	—	$11,544
Aug 1994	383	1,805	16.13	—	$6,178
Jul 1994	750	1,580	17.56	—	$13,170
Jun 1994	374	1,509	17.09	—	$6,392
May 1994	722	1,738	15.88	—	$11,465
Apr 1994	379	1,722	14.14	—	$5,359
Mar 1994	746	1,737	12.46	—	$9,295
Feb 1994	389	976	12.50	—	$4,863
Jan 1994	774	1,695	12.66	—	$9,799
Dec 1993	776	1,854	12.33	—	$9,568
Nov 1993	369	1,772	14.49	—	$5,347
Oct 1993	750	1,800	15.85	—	$11,888
Sep 1993	900	1,757	15.03	—	$13,527
Aug 1993	384	1,543	15.66	—	$6,013
Jul 1993	581	1,324	15.46	—	$8,982
Jun 1993	374	1,574	16.79	—	$6,279
May 1993	733	1,925	17.68	—	$12,959
Apr 1993	726	1,441	18.05	—	$13,104
Mar 1993	367	1,471	18.14	—	$6,657
Feb 1993	768	1,361	17.90	—	$13,747
Jan 1993	368	793	16.93	—	$6,230

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 2015 — as filed, then multipliedworked

Oil                  206 bbl  × $ 42.99 =     $8,856
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                   $8,856

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/O/11633 is the state's own key, not one this site invented.