UNIVERSITY -32A-

Operated by SATANTA OIL COMPANY (P-5 748744) in the EMBAR (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12353District 08Field 28843888OilCasinghead gasSaveExport
Value, all time
$3.9 M
Jan 1993 – Mar 2009
Value, last 12 filed months
$248 k
at the published price for each month
Months reported
195
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 32 leases and 130 wells, and the rule below applies to all of them.

Discovered
1955-12-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,050 ft
minimum
From a lease line
555 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1995-09-14.

The Commission's schedule remark for this field reads: INTO THE EMBAR (PERMIAN) FIELD.

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
OilDisposition13,967 bbl$442,853
Casinghead gasProduction1,023,301 Mcf$3,468,970
Total$3,911,823

305,013 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 (4)

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 32.1213, -102.6964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.12109, -102.69657 · 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%
4 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
6,350 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 6,350 ft.

Completions filed
Nov 1958
1 of 4 wells; 3 filed none

4 wells

42-003049991 CYes
42-003050002 CYes
42-003050013 UYes
42-003050024 U6,350 ftNov 1958Yes

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 (195)

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

195 months

Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20082294,922131.0811.39$86,076
Jun 200804,103131.3313.03$53,473
May 20081504,188123.1711.57$66,949
Apr 200803,930110.3110.45$41,088
Mar 20081673,233101.909.66$48,261
Feb 200803,34792.538.77$29,355
Jan 200803,71490.388.21$30,476
Dec 200704,14788.337.30$30,281
Nov 20071614,39891.677.29$46,828
Oct 200704,91182.856.92$33,994
Sep 20071763,15075.846.24$33,017
Aug 2007090869.066.39$5,800
Jul 200701,99870.906.39$12,763
Jun 200703,90462.007.55$29,469
May 20071774,83958.747.85$48,365
Apr 200703,26159.617.81$25,453
Mar 200704,73956.927.30$34,604
Feb 20071794,41155.108.22$46,104
Jan 20071774,90150.306.73$41,871
Dec 200605,18756.656.92$35,886
Nov 200602,91754.207.62$22,220
Oct 200604,79654.906.01$28,842
Sep 20060060.085.04$0
Aug 20061904,17768.717.34$43,714
Jul 200604,83369.376.34$30,655
Jun 200604,42266.286.38$28,230
May 20061385,00366.016.42$41,254
Apr 200604,58664.397.36$33,755
Mar 20061524,93756.707.08$43,587
Feb 20061644,47857.597.75$44,154
Jan 200604,90760.598.93$43,836
Dec 20051695,16954.9413.42$78,629
Nov 200503,78154.6910.59$40,035
Oct 200502,29958.3413.80$31,716
Sep 200501,96461.4512.08$23,723
Aug 20051684,17261.519.80$51,206
Jul 200504,50855.697.84$35,359
Jun 200504,64452.337.38$34,278
May 20051924,68145.226.65$39,816
Apr 200504,74449.207.36$34,918
Mar 200504,91650.377.15$35,173
Feb 20051714,42245.226.31$35,644
Jan 200504,81043.166.32$30,410
Dec 20041804,65439.866.75$38,594
Nov 200405,01745.286.33$31,760
Oct 200404,19249.706.52$27,311
Sep 20041574,72143.245.28$31,734
Aug 200405,09142.375.55$28,258
Jul 20041725,03438.286.08$37,212
Jun 200404,71836.106.43$30,351
May 20041585,27937.486.49$40,207
Apr 200404,58934.475.86$26,884
Mar 20041794,99534.365.53$33,773
Feb 200405,75632.455.51$31,713
Jan 200405,29532.036.30$33,357
Dec 20031464,96930.266.30$35,731
Nov 200305,04428.804.60$23,178
Oct 20031554,93728.174.76$27,865
Sep 200305,20226.314.75$24,706
Aug 20031765,50529.765.13$33,477
Jul 200305,19929.415.17$26,883
Jun 20031786,37628.565.98$43,231
May 200307,20026.595.97$43,003
Apr 20031787,05426.675.41$42,890
Mar 200307,38731.146.10$45,031
Feb 200305,17433.487.93$41,009
Jan 20031665,54330.315.58$35,973
Dec 20021715,36826.914.85$30,657
Nov 200205,49224.664.14$22,720
Oct 20021775,91126.464.23$29,682
Sep 200205,53127.443.64$20,106
Aug 20021793,93925.963.16$17,110
Jul 200205,43524.583.06$16,641
Jun 200205,60123.733.34$18,697
May 20021684,97624.663.58$21,977
Apr 200205,48323.653.51$19,258
Mar 20021744,39322.003.10$17,458
Feb 200205,11918.222.38$12,161
Jan 200205,77517.172.38$13,720
Dec 200105,57916.932.36$13,191
Nov 200105,41618.072.41$13,028
Oct 20011705,86819.782.53$18,202
Sep 200105,78324.262.25$13,019
Aug 20011795,80224.873.05$22,166
Jul 200105,29423.933.20$16,925
Jun 200105,25224.563.82$20,084
May 20011336,06325.524.31$29,509
Apr 20011794,86924.685.34$30,395
Mar 200105,77124.545.38$31,027
Feb 200105,18027.755.77$29,873
Jan 20011735,64927.478.40$52,197
Dec 200005,51026.889.12$50,265
Nov 20001835,52132.215.66$37,132
Oct 200005,75331.235.15$29,602
Sep 200005,71731.875.19$29,651
Aug 20001606,17729.644.54$32,791
Jul 200006,24228.534.09$25,528
Jun 20001646,11529.304.40$31,694
May 20001755,49727.263.68$24,998
Apr 200005,26324.513.12$16,400
Mar 20001716,27128.422.86$22,793
Feb 200005,64427.622.73$15,388
Jan 200006,27325.272.48$15,560
Dec 19991726,29824.282.42$19,441
Nov 199906,19023.192.43$15,066
Oct 19993496,61620.982.80$25,871
Sep 199906,55921.752.62$17,177
Aug 19991814,23319.262.88$15,658
Jul 199905,50717.892.37$13,065
Jun 199904,97415.942.36$11,749
May 199905,81215.792.32$13,490
Apr 19991806,00115.102.21$15,969
Mar 19991365,52412.471.84$11,851
Feb 199904,6619.981.82$8,473
Jan 19991575,40110.381.90$11,891
Dec 199805,1949.201.77$9,211
Nov 19981806,01610.892.19$15,109
Oct 199806,34212.421.97$12,489
Sep 19981796,21412.592.08$15,195
Aug 199806,53411.301.91$12,463
Jul 199806,49211.742.24$14,524
Jun 199806,41811.242.24$14,359
May 199806,64412.622.21$14,659
Apr 19983616,37813.042.51$20,686
Mar 199806,02912.802.31$13,924
Feb 199806,25613.952.30$14,383
Jan 19981695,93514.702.15$15,273
Dec 199706,09916.322.41$14,705
Nov 19971656,13518.193.09$21,948
Oct 199705,34919.253.15$16,848
Sep 199706,55117.742.95$19,357
Aug 19971716,45217.862.55$19,537
Jul 199704,18317.582.25$9,399
Jun 199706,37817.242.26$14,396
May 19971636,81818.972.31$18,831
Apr 199706,59017.882.08$13,726
Mar 19971726,78418.951.94$16,415
Feb 19971716,07620.492.21$16,907
Jan 199706,82523.483.54$24,158
Dec 199605,99123.32$0
Nov 19961586,76921.97$3,471
Oct 19961686,64523.31$3,916
Sep 19961486,28322.22$3,289
Aug 199605,46720.26$0
Jul 199605,25219.55$0
Jun 199604,49918.73$0
May 199605,65719.43$0
Apr 19961625,46021.51$3,485
Mar 199606,65719.38$0
Feb 199605,38316.98$0
Jan 19961706,29417.07$2,902
Dec 199506,18217.19$0
Nov 19951756,50816.00$2,800
Oct 199506,96815.43$0
Sep 19951526,74916.18$2,459
Aug 199507,07115.92$0
Jul 19951367,62215.24$2,073
Jun 19951775,44116.41$2,905
May 199506,42017.56$0
Apr 19951736,77517.73$3,067
Mar 199506,75416.44$0
Feb 19951745,54716.58$2,885
Jan 199506,71515.92$0
Dec 19941776,85415.03$2,660
Nov 199406,77215.90$0
Oct 19941757,14315.58$2,727
Sep 19941726,77515.29$2,630
Aug 199406,97116.13$0
Jul 19941776,95417.56$3,108
Jun 199407,65117.09$0
May 19941784,85815.88$2,827
Apr 19941767,20214.14$2,489
Mar 19941785,86812.46$2,218
Feb 199405,29112.50$0
Jan 199405,93212.66$0
Dec 199306,17312.33$0
Nov 199305,45214.49$0
Oct 19931775,42915.85$2,805
Sep 199305,82015.03$0
Aug 199306,59815.66$0
Jul 19931727,07015.46$2,659
Jun 199307,00616.79$0
May 19931766,35617.68$3,112
Apr 199306,96618.05$0
Mar 19931797,33618.14$3,247
Feb 199306,33717.90$0
Jan 19931707,09016.93$2,878

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.

Jul 2008 — as filed, then multipliedworked
Oil                  229 bbl  × $131.08 =    $30,017
Casinghead gas     4,922 Mcf  × $ 11.39 =    $56,059

────────────────────────────────────────────────────
Month total                                  $86,076

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/12353 is the state's own key, not one this site invented.