UNIVERSITY

Operated by REFORMED RESOURCES, LLC (P-5 103362) in the DUNE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1229District 08Field 26538001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$132 k
at the published price for each month
Months reported
401
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 113 leases and 1,569 wells, and the rule below applies to all of them.

Discovered
1938-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 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.

The Commission's schedule remark for this field reads: 10 ACRE OPTIONAL 933' DIAGONAL

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
OilDisposition100,753 bbl$4,648,042
Casinghead gasProduction13,826 Mcf$23,877
Total$4,671,919

4,631 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 (10)

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 31.5343, -102.4367. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.53419, -102.43640 · 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
10.0%
1 of 10 wells
With a plug date
10.0%
1 of 10 wells
Median depth
3,451 ft
9 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
110.0%
A plug date is filed
110.0%
BothOn the schedule and plugged. Neither fact cancels the other.
110.0%
NeitherNo plug date, and not on the schedule.
990.0%

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

Total depth in feet, 9 of 10 wells. Median 3,451 ft, with the middle half between 3,426 and 3,460 ft; the shallowest is 3,420 ft and the deepest 3,809 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 7 of 10 wells, Nov 1959 – Mar 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1959 – Mar 2025
7 of 10 wells; 3 filed none
Plug dates filed
Jan 2008
1 of 10 wells; 9 filed none

10 wells

42-1030397353,460 ftJan 2008Yes
42-1030397033,451 ft
42-103058111
42-103303013 A3,490 ftMar 2025
42-10336487103,809 ftMar 2015
42-1030396793,420 ftMay 1960
42-1030396683,420 ftMay 1960
42-1030396573,440 ftApr 1960
42-1030396463,456 ftApr 1960
42-1030397243,426 ftNov 1959

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 (401)

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

401 months

May 20263330106.413.05$35,435
Apr 20260098.932.87$0
Mar 2026158089.753.15$14,181
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025156056.664.41$8,839
Nov 2025161058.593.93$9,433
Oct 2025169059.383.30$10,035
Sep 2025340062.743.08$21,332
Aug 2025172063.933.01$10,996
Jul 2025159066.743.32$10,612
Jun 2025164066.483.13$10,903
May 2025334060.553.23$20,224
Apr 2025172062.363.54$10,726
Mar 2025354067.704.27$23,966
Feb 2025166070.884.34$11,766
Jan 2025163074.324.28$12,114
Dec 2024325068.993.12$22,422
Nov 2024173069.052.20$11,946
Oct 2024315071.372.28$22,482
Sep 2024325069.612.36$22,623
Aug 2024162075.632.06$12,252
Jul 2024319079.932.15$25,498
Jun 2024329078.082.63$25,688
May 2024158078.812.20$12,452
Apr 2024170084.451.66$14,357
Mar 2024162080.301.55$13,009
Feb 2024170076.091.78$12,935
Jan 2024164073.023.30$11,975
Dec 2023358071.262.61$25,511
Nov 2023179077.892.81$13,942
Oct 2023354085.443.09$30,246
Sep 2023166089.042.74$14,781
Aug 2023359080.522.67$28,907
Jul 20230074.852.64$0
Jun 2023177068.962.26$12,206
May 2023343070.622.23$24,223
Apr 2023352078.122.24$27,498
Mar 2023171072.852.39$12,457
Feb 2023178075.112.47$13,370
Jan 2023176076.533.39$13,469
Dec 2022342076.415.73$26,132
Nov 2022345085.005.65$29,325
Oct 2022349087.185.86$30,426
Sep 2022520084.888.16$44,138
Aug 2022328094.529.13$31,003
Jul 20226910101.587.54$70,192
Jun 20221680115.097.98$19,335
May 20221670109.378.43$18,265
Apr 20225050104.226.84$52,631
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202126069.865.35$1,816
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020345057.252.09$19,751
Dec 20190059.012.30$0
Nov 2019308055.302.75$17,032
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019142053.112.30$7,542
Jul 2019169056.272.46$9,510
Jun 20190052.782.49$0
May 2019158058.482.74$9,240
Apr 2019168062.632.75$10,522
Mar 2019174056.803.06$9,883
Feb 2019176050.852.79$8,950
Jan 20190046.033.23$0
Dec 2018141046.594.19$6,569
Nov 2018175052.934.24$9,263
Oct 2018154061.443.40$9,462
Sep 2018153059.543.11$9,110
Aug 20180059.403.07$0
Jul 2018173065.142.93$11,269
Jun 20180060.183.08$0
May 2018146065.382.90$9,545
Apr 2018161063.842.90$10,278
Mar 2018173061.222.79$10,591
Feb 2018165061.782.77$10,194
Jan 2018174062.874.01$10,939
Dec 2017179057.272.92$10,251
Nov 2017177055.423.12$9,809
Oct 2017175049.292.98$8,626
Sep 2017289047.523.09$13,733
Aug 2017175045.373.00$7,940
Jul 2017177043.873.09$7,765
Jun 20170042.493.09$0
May 2017309045.373.26$14,019
Apr 2017180047.933.21$8,627
Mar 2017176046.772.98$8,232
Feb 2017300050.452.95$15,135
Jan 2017176049.413.42$8,696
Dec 2016329048.763.72$16,042
Nov 2016167042.492.64$7,096
Oct 2016486046.193.09$22,448
Sep 20160041.553.10$0
Aug 2016171041.442.92$7,086
Jul 2016334041.622.92$13,901
Jun 2016175045.352.69$7,936
May 2016304042.521.99$12,926
Apr 2016289036.561.99$10,566
Mar 2016336033.011.79$11,091
Feb 2016316026.472.06$8,365
Jan 2016522027.352.36$14,277
Dec 2015464032.362.00$15,015
Nov 2015336038.792.17$13,033
Oct 2015500043.552.43$21,775
Sep 2015533042.992.76$22,914
Aug 2015674040.162.87$27,068
Jul 2015843048.152.95$40,590
Jun 20151,215056.152.88$68,222
May 20151,205055.212.96$66,528
Apr 20151,167049.822.71$58,140
Mar 2015352042.892.93$15,097
Feb 2015172044.662.98$7,682
Jan 20150043.433.10$0
Dec 2014184054.693.59$10,063
Nov 2014180070.464.25$12,683
Oct 2014173078.303.90$13,546
Sep 2014175086.164.05$15,078
Aug 2014173089.394.04$15,464
Jul 2014181096.564.18$17,477
Jun 2014176098.164.74$17,276
May 2014344094.734.73$32,587
Apr 2014173095.944.81$16,598
Mar 2014177095.895.06$16,973
Feb 2014176097.406.19$17,142
Jan 2014174090.404.86$15,730
Dec 2013175091.824.35$16,069
Nov 2013176088.853.74$15,638
Oct 2013176097.423.78$17,146
Sep 20131290104.113.72$13,430
Aug 20133510104.253.52$36,592
Jul 20131730102.523.72$17,736
Jun 2013178094.403.93$16,803
May 2013173094.834.15$16,406
Apr 2013351093.964.28$32,980
Mar 2013178093.623.91$16,664
Feb 2013177091.233.42$16,148
Jan 2013187091.603.42$17,129
Dec 2012183086.773.42$15,879
Nov 2012169086.953.62$14,695
Oct 2012174089.383.40$15,552
Sep 2012170094.672.92$16,094
Aug 2012179092.662.91$16,586
Jul 2012147085.133.02$12,514
Jun 2012187079.822.52$14,926
May 2012149091.612.49$13,650
Apr 20123910101.652.00$39,745
Mar 20121780105.052.22$18,699
Feb 20121770101.102.57$17,895
Jan 2012190098.092.73$18,637
Dec 2011150096.873.24$14,531
Nov 2011350095.723.31$33,502
Oct 2011194084.983.65$16,486
Sep 2011196083.623.99$16,390
Aug 2011185083.404.15$15,429
Jul 2011367094.144.52$34,549
Jun 2011178092.904.64$16,536
May 2011185098.134.40$18,154
Apr 20113630105.964.33$38,463
Mar 2011176096.364.06$16,959
Feb 2011163085.644.18$13,959
Jan 2011187086.504.59$16,176
Dec 2010171085.734.35$14,660
Nov 2010359080.843.80$29,022
Oct 2010180078.103.51$14,058
Sep 2010164072.633.98$11,911
Aug 2010359073.684.42$26,451
Jul 2010185072.554.74$13,422
Jun 2010319070.364.91$22,445
May 2010361071.124.24$25,674
Apr 2010174081.694.12$14,214
Mar 2010173078.394.39$13,561
Feb 2010307073.585.44$22,589
Jan 2010173074.365.96$12,864
Dec 2009172071.445.48$12,288
Nov 2009358074.593.75$26,703
Oct 2009153072.544.11$11,099
Sep 2009149065.543.06$9,765
Aug 2009329067.423.22$22,181
Jul 2009321061.133.46$19,623
Jun 2009349066.163.90$23,090
May 2009317054.743.93$17,353
Apr 2009327046.773.59$15,294
Mar 20090042.144.06$0
Feb 2009166032.814.63$5,446
Jan 2009311035.865.37$11,152
Dec 2008340037.105.98$12,614
Nov 2008338055.496.86$18,756
Oct 2008171075.246.92$12,866
Sep 20083450101.767.88$35,107
Aug 20083540114.228.48$40,434
Jul 20083620131.0811.39$47,451
Jun 20081760131.3313.03$23,114
May 20083390123.1711.57$41,755
Apr 20081770110.3110.45$19,525
Mar 20083340101.909.66$34,035
Feb 2008365092.538.77$33,773
Jan 2008558090.388.21$50,432
Dec 2007372088.337.30$32,859
Nov 2007369091.677.29$33,826
Oct 2007191082.856.92$15,824
Sep 20070075.846.24$0
Aug 2007135069.066.39$9,323
Jul 2007175070.906.39$12,408
Jun 2007170062.007.55$10,540
May 2007377058.747.85$22,145
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005175061.519.80$10,764
Jul 20050055.697.84$0
Jun 2005172052.337.38$9,001
May 20050045.226.65$0
Apr 2005161049.207.36$7,921
Mar 2005148050.377.15$7,455
Feb 2005183045.226.31$8,275
Jan 2005276043.166.32$11,912
Dec 2004322039.866.75$12,835
Nov 2004337045.286.33$15,259
Oct 2004163049.706.52$8,101
Sep 2004323043.245.28$13,967
Aug 2004352042.375.55$14,914
Jul 2004345038.286.08$13,207
Jun 2004162036.106.43$5,848
May 2004172037.486.49$6,447
Apr 2004171034.475.86$5,894
Mar 2004356034.365.53$12,232
Feb 2004167032.455.51$5,419
Jan 2004324032.036.30$10,378
Dec 2003360030.266.30$10,894
Nov 2003182028.804.60$5,242
Oct 2003539028.174.76$15,184
Sep 20030026.314.75$0
Aug 2003335029.765.13$9,970
Jul 2003356029.415.17$10,470
Jun 2003363028.565.98$10,367
May 2003357026.595.97$9,493
Apr 2003358026.675.41$9,548
Mar 2003168031.146.10$5,232
Feb 2003511033.487.93$17,108
Jan 2003172030.315.58$5,213
Dec 2002178026.914.85$4,790
Nov 2002350024.664.14$8,631
Oct 2002340026.464.23$8,996
Sep 2002176027.443.64$4,829
Aug 2002320025.963.16$8,307
Jul 2002343024.583.06$8,431
Jun 2002346023.733.34$8,211
May 2002322024.663.58$7,941
Apr 2002339023.653.51$8,017
Mar 2002506022.003.10$11,132
Feb 2002183018.222.38$3,334
Jan 2002343017.172.38$5,889
Dec 2001510016.932.36$8,634
Nov 20010018.072.41$0
Oct 2001168019.782.53$3,323
Sep 2001171024.262.25$4,148
Aug 2001302024.873.05$7,511
Jul 2001343023.933.20$8,208
Jun 2001171024.563.82$4,200
May 2001306025.524.31$7,809
Apr 2001354024.685.34$8,737
Mar 2001341024.545.38$8,368
Feb 20011723427.755.77$4,969
Jan 2001540027.478.40$14,834
Dec 2000186426.889.12$5,036
Nov 2000503132.215.66$16,207
Oct 200034115731.235.15$11,457
Sep 200034225431.875.19$12,217
Aug 200035124729.644.54$11,525
Jul 200017021828.534.09$5,742
Jun 200033515829.304.40$10,510
May 20003424227.263.68$9,477
Apr 2000320724.513.12$7,865
Mar 20003421328.422.86$9,757
Feb 2000326027.622.73$9,004
Jan 2000342625.272.48$8,657
Dec 1999308924.282.42$7,500
Nov 19993479923.192.43$8,288
Oct 19993475720.982.80$7,440
Sep 19993525621.752.62$7,803
Aug 19991809919.262.88$3,751
Jul 199934017317.892.37$6,493
Jun 199935414115.942.36$5,976
May 199933122715.792.32$5,753
Apr 199934223915.102.21$5,692
Mar 199951625912.471.84$6,911
Feb 19993421299.981.82$3,648
Jan 199918117710.381.90$2,215
Dec 19983583179.201.77$3,856
Nov 199834625810.892.19$4,332
Oct 199850724712.421.97$6,783
Sep 199832323812.592.08$4,562
Aug 199815640811.301.91$2,541
Jul 199832170711.742.24$5,350
Jun 199848442411.242.24$6,389
May 199815832312.622.21$2,707
Apr 199829237713.042.51$4,752
Mar 199832137812.802.31$4,982
Feb 199831825113.952.30$5,013
Jan 199848813914.702.15$7,473
Dec 199716417916.322.41$3,108
Nov 199747515418.193.09$9,116
Oct 199732316419.253.15$6,734
Sep 199731216417.742.95$6,019
Aug 199749019317.862.55$9,244
Jul 199715815717.582.25$3,130
Jun 199731816117.242.26$5,846
May 199746619518.972.31$9,290
Apr 199717523417.882.08$3,616
Mar 199732821918.951.94$6,640
Feb 199732315120.492.21$6,951
Jan 199745535123.483.54$11,926
Dec 199632619123.32$7,602
Nov 199633317421.97$7,316
Oct 199632515123.31$7,576
Sep 199649818322.22$11,066
Aug 199616917820.26$3,424
Jul 199647611319.55$9,306
Jun 199617011818.73$3,184
May 199648212819.43$9,365
Apr 19963378321.51$7,249
Mar 19961737219.38$3,353
Feb 19964888816.98$8,286
Jan 199636311417.07$6,196
Dec 199535911617.19$6,171
Nov 199535710716.00$5,712
Oct 199553111515.43$8,193
Sep 199536010316.18$5,825
Aug 199535312315.92$5,620
Jul 199548312615.24$7,361
Jun 199530611216.41$5,021
May 199534410117.56$6,041
Apr 199547010217.73$8,333
Mar 19955309416.44$8,713
Feb 19953414716.58$5,654
Jan 19953657915.92$5,811
Dec 19946868115.03$10,311
Nov 19943689115.90$5,851
Oct 19943838415.58$5,967
Sep 19943826915.29$5,841
Aug 19945196516.13$8,371
Jul 19943895217.56$6,831
Jun 19945274817.09$9,006
May 19943945115.88$6,257
Apr 19945155314.14$7,282
Mar 19944738312.46$5,894
Feb 19943879312.50$4,838
Jan 199455910612.66$7,077
Dec 19932858712.33$3,514
Nov 19935395514.49$7,810
Oct 19934026115.85$6,372
Sep 19934699715.03$7,049
Aug 19934786815.66$7,485
Jul 19934829815.46$7,452
Jun 19934928816.79$8,261
May 19934528017.68$7,991
Apr 19934717118.05$8,502
Mar 19935445418.14$9,868
Feb 19934248417.90$7,590
Jan 19934539416.93$7,669

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.

May 2026 — as filed, then multipliedworked
Oil                  333 bbl  × $106.41 =    $35,435
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $35,435

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/1229 is the state's own key, not one this site invented.