UNIVERSITY

Operated by SANDRIDGE EXPL. AND PROD., LLC (P-5 748011) in the FUHRMAN-MASCHO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11800District 08Field 33176001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$902 k
Jan 1993 – Oct 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
262
no gaps in the span
Streams
2
oil, casinghead 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 510 leases and 5,228 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-10-20.

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: ANDRES RESERVOIRS.

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
OilDisposition24,510 bbl$867,596
Casinghead gasProduction27,039 Mcf$34,671
Total$902,267

17,648 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 (5)

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 32.1279, -102.6523. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.12805, -102.65212 · 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%
5 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
4,532 ft
3 wells filed one
Completion to plug
11 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
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 4,204 and 4,547 ft, median 4,532 ft, over the 3 wells that filed a depth.

Completions filed
Nov 2012
1 of 5 wells; 4 filed none
Plug dates filed
Jul 2013 – Oct 2013
3 of 5 wells; 2 filed none

Last completion to plug: a median of 11 months across the 1 well that filed both dates, with the middle half between 11 months and 11 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-0030113514,532 ftJul 2013Yes
42-0030113824,547 ftAug 2013Yes
42-003011393Yes
42-003011404Yes
42-0034064254,204 ftNov 2012Oct 2013Yes

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 (262)

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

262 months

Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013053291.603.42$1,819
Dec 2012058986.773.42$2,014
Nov 20121981086.953.62$4,588
Oct 2012223189.383.40$2,072
Sep 2012303094.672.92$2,928
Aug 2012273092.662.91$2,589
Jul 2012303185.133.02$2,648
Jun 201203079.822.52$76
May 2012273191.612.49$2,551
Apr 20122330101.652.00$2,398
Mar 20121931105.052.22$2,065
Feb 2012029101.102.57$75
Jan 2012213198.092.73$2,145
Dec 201123096.873.24$2,228
Nov 201119095.723.31$1,819
Oct 20119084.983.65$765
Sep 201113083.623.99$1,087
Aug 201113083.404.15$1,084
Jul 201113094.144.52$1,224
Jun 201126092.904.64$2,415
May 201142098.134.40$4,121
Apr 2011390105.964.33$4,132
Mar 201125096.364.06$2,409
Feb 201141085.644.18$3,511
Jan 201173086.504.59$6,315
Dec 201079085.734.35$6,773
Nov 2010147080.843.80$11,883
Oct 2010122078.103.51$9,528
Sep 2010136072.633.98$9,878
Aug 2010655073.684.42$48,260
Jul 201037072.554.74$2,684
Jun 201024070.364.91$1,689
May 201015071.124.24$1,067
Apr 2010104081.694.12$8,496
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 2009167072.544.11$12,114
Sep 20090065.543.06$0
Aug 2009168067.423.22$11,327
Jul 2009321061.133.46$19,623
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009160046.773.59$7,483
Mar 2009173042.144.06$7,290
Feb 2009346032.814.63$11,352
Jan 2009835035.865.37$29,943
Dec 20080037.105.98$0
Nov 2008190055.496.86$10,543
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007172082.856.92$14,250
Sep 200708775.846.24$543
Aug 200708569.066.39$543
Jul 200707870.906.39$498
Jun 200707862.007.55$589
May 200706958.747.85$541
Apr 20071597659.617.81$10,071
Mar 20071685556.927.30$9,964
Feb 20070055.108.22$0
Jan 20071726750.306.73$9,102
Dec 20061747256.656.92$10,355
Nov 20061725654.207.62$9,749
Oct 200604154.906.01$247
Sep 2006168060.085.04$10,093
Aug 20061694568.717.34$11,942
Jul 2006155069.376.34$10,752
Jun 200601266.286.38$77
May 20061702266.016.42$11,363
Apr 200603164.397.36$228
Mar 200602056.707.08$142
Feb 20060457.597.75$31
Jan 20061642260.598.93$10,133
Dec 20050154.9413.42$13
Nov 2005345054.6910.59$18,868
Oct 2005173058.3413.80$10,093
Sep 20053385761.4512.08$21,459
Aug 20053398461.519.80$21,675
Jul 20054939155.697.84$28,169
Jun 20051734652.337.38$9,393
May 20053313545.226.65$15,201
Apr 200503549.207.36$258
Mar 20053244550.377.15$16,642
Feb 200504545.226.31$284
Jan 20053154043.166.32$13,848
Dec 20041716939.866.75$7,282
Nov 20040045.286.33$0
Oct 200413816849.706.52$7,953
Sep 2004017043.245.28$898
Aug 200447218342.375.55$21,014
Jul 200417010538.286.08$7,146
Jun 20043345336.106.43$12,398
May 20043854537.486.49$14,722
Apr 20040034.475.86$0
Mar 2004319034.365.53$10,961
Feb 2004318032.455.51$10,319
Jan 2004100032.036.30$3,203
Dec 20030030.266.30$0
Nov 2003112028.804.60$3,226
Oct 2003153028.174.76$4,310
Sep 20030026.314.75$0
Aug 2003156029.765.13$4,643
Jul 2003142029.415.17$4,176
Jun 2003158028.565.98$4,512
May 2003164026.595.97$4,361
Apr 20030026.675.41$0
Mar 2003151031.146.10$4,702
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002165026.914.85$4,440
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002170023.733.34$4,034
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001324016.932.36$5,485
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001171024.563.82$4,200
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001163027.755.77$4,523
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000169032.215.66$5,443
Oct 20000031.235.15$0
Sep 2000167031.875.19$5,322
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000161028.422.86$4,576
Feb 2000328027.622.73$9,059
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990120.982.80$3
Sep 19991635121.752.62$3,679
Aug 199901919.262.88$55
Jul 19993214717.892.37$5,854
Jun 199906415.942.36$151
May 19991687915.792.32$2,836
Apr 199905015.102.21$110
Mar 19991568112.471.84$2,094
Feb 19990789.981.82$142
Jan 199908010.381.90$152
Dec 1998161809.201.77$1,623
Nov 1998019510.892.19$426
Oct 1998018612.421.97$366
Sep 199831110712.592.08$4,138
Aug 1998019211.301.91$366
Jul 1998032811.742.24$734
Jun 199816733711.242.24$2,631
May 1998011712.622.21$258
Apr 1998113713.042.51$356
Mar 199832815912.802.31$4,566
Feb 1998021913.952.30$504
Jan 199817429314.702.15$3,189
Dec 1997034416.322.41$829
Nov 199717435218.193.09$4,252
Oct 199716336319.253.15$4,281
Sep 199716629817.742.95$3,825
Aug 199709217.862.55$235
Jul 19971686117.582.25$3,091
Jun 199706917.242.26$156
May 19971588718.972.31$3,198
Apr 19971739117.882.08$3,283
Mar 1997011318.951.94$219
Feb 199716810020.492.21$3,663
Jan 199709423.483.54$333
Dec 19961314823.32$3,055
Nov 199612510121.97$2,746
Oct 199613317823.31$3,100
Sep 199613026322.22$2,889
Aug 199612229820.26$2,472
Jul 199615829619.55$3,089
Jun 199614722418.73$2,753
May 199612239219.43$2,370
Apr 199615335921.51$3,291
Mar 199616339319.38$3,159
Feb 199616538616.98$2,802
Jan 199616243317.07$2,765
Dec 199516144517.19$2,768
Nov 199516147216.00$2,576
Oct 199516552615.43$2,546
Sep 199531348716.18$5,064
Aug 1995124015.92$16
Jul 199516214315.24$2,469
Jun 199516517816.41$2,708
May 199516211317.56$2,845
Apr 19951335017.73$2,358
Mar 199502716.44$0
Feb 19951332116.58$2,205
Jan 19951672515.92$2,659
Dec 199415912415.03$2,390
Nov 199416814615.90$2,671
Oct 199416210615.58$2,524
Sep 199416412115.29$2,508
Aug 199433028916.13$5,323
Jul 1994050617.56$0
Jun 199416468717.09$2,803
May 1994281015.88$32
Apr 199435971814.14$5,076
Mar 1994049812.46$0
Feb 199433325812.50$4,163
Jan 1994075212.66$0
Dec 199331831412.33$3,921
Nov 1993020214.49$0
Oct 199331711015.85$5,024
Sep 1993338315.03$45
Aug 19932911,21415.66$4,557
Jul 199311,05315.46$15
Jun 199334294616.79$5,742
May 1993167917.68$18
Apr 199333613118.05$6,065
Mar 1993145618.14$18
Feb 199333747917.90$6,032
Jan 1993056816.93$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.

Jan 2013 — as filed, then multipliedworked
Oil                    0 bbl  × $ 91.60 =         $0
Casinghead gas       532 Mcf  × $  3.42 =     $1,819

────────────────────────────────────────────────────
Month total                                   $1,819

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/11800 is the state's own key, not one this site invented.