UNIVERSITY -8-1-

Name: UNIVERSITY -8-1- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by THOMPSON, J. CLEO (P-5 855610) in the HUTEX (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12526District 08Field 43878800Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$790 k

Jan 1993 – Aug 2010

Value, last 12 filed months

at the published price for each month

Months reported

212

no gaps in the span

Streams

oil, casinghead gas

The HUTEX (DEVONIAN) 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 37 leases and 93 wells, and the rule below applies to all of them.

Discovered

1953-02-13

as the register files it

Field class

Oil

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 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.

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	43,526 bbl	$790,337
Casinghead gas	Production	662 Mcf	$0
Total			$790,337

662 Mcf of this lease's gas, across 34 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 32.4070, -102.2980. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.40757, -102.29688 · 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%

5 of 5 wells

With a plug date

80.0%

4 of 5 wells

Median depth

12,649 ft

5 wells filed one

Completion to plug

7.0 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

480.0%

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

480.0%

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 12,523 and 12,669 ft, median 12,649 ft, over the 5 wells that filed a depth.

Completions filed

Feb 1972 – Aug 1988

4 of 5 wells; 1 filed none

Plug dates filed

Apr 1991 – Jul 2010

4 of 5 wells; 1 filed none

Last completion to plug: a median of 7.0 years across the 3 wells that filed both dates, with the middle half between 4.8 years and 13.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-00301008	1	12,669 ft	—	Jul 2010	Yes
42-00310003	4	12,654 ft	Aug 1988	Apr 1991	Yes
42-00301021	3	12,649 ft	Apr 1984	Apr 1991	Yes
42-00301012	5	12,600 ft	Jan 1984	Apr 2003	Yes
42-00301007	2	12,523 ft	Feb 1972	—	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 (212)

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

212 months


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	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
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	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	34	0	55.69	7.84	$1,893
Jun 2005	5	0	52.33	7.38	$262
May 2005	27	0	45.22	6.65	$1,221
Apr 2005	40	0	49.20	7.36	$1,968
Mar 2005	54	0	50.37	7.15	$2,720
Feb 2005	30	0	45.22	6.31	$1,357
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	17	0	39.86	6.75	$678
Nov 2004	17	0	45.28	6.33	$770
Oct 2004	34	0	49.70	6.52	$1,690
Sep 2004	18	0	43.24	5.28	$778
Aug 2004	32	0	42.37	5.55	$1,356
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	43	0	36.10	6.43	$1,552
May 2004	24	0	37.48	6.49	$900
Apr 2004	29	0	34.47	5.86	$1,000
Mar 2004	30	0	34.36	5.53	$1,031
Feb 2004	18	0	32.45	5.51	$584
Jan 2004	18	0	32.03	6.30	$577
Dec 2003	33	0	30.26	6.30	$999
Nov 2003	31	0	28.80	4.60	$893
Oct 2003	25	0	28.17	4.76	$704
Sep 2003	44	0	26.31	4.75	$1,158
Aug 2003	8	0	29.76	5.13	$238
Jul 2003	37	0	29.41	5.17	$1,088
Jun 2003	24	0	28.56	5.98	$685
May 2003	25	0	26.59	5.97	$665
Apr 2003	41	0	26.67	5.41	$1,093
Mar 2003	18	0	31.14	6.10	$561
Feb 2003	40	0	33.48	7.93	$1,339
Jan 2003	23	0	30.31	5.58	$697
Dec 2002	24	0	26.91	4.85	$646
Nov 2002	31	0	24.66	4.14	$764
Oct 2002	16	0	26.46	4.23	$423
Sep 2002	22	0	27.44	3.64	$604
Aug 2002	15	0	25.96	3.16	$389
Jul 2002	37	0	24.58	3.06	$909
Jun 2002	30	0	23.73	3.34	$712
May 2002	58	0	24.66	3.58	$1,430
Apr 2002	48	0	23.65	3.51	$1,135
Mar 2002	8	0	22.00	3.10	$176
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	9	0	17.17	2.38	$155
Dec 2001	4	0	16.93	2.36	$68
Nov 2001	12	0	18.07	2.41	$217
Oct 2001	18	0	19.78	2.53	$356
Sep 2001	23	0	24.26	2.25	$558
Aug 2001	36	0	24.87	3.05	$895
Jul 2001	79	0	23.93	3.20	$1,890
Jun 2001	241	0	24.56	3.82	$5,919
May 2001	155	0	25.52	4.31	$3,956
Apr 2001	97	0	24.68	5.34	$2,394
Mar 2001	130	0	24.54	5.38	$3,190
Feb 2001	139	0	27.75	5.77	$3,857
Jan 2001	101	0	27.47	8.40	$2,774
Dec 2000	247	0	26.88	9.12	$6,639
Nov 2000	369	0	32.21	5.66	$11,885
Oct 2000	360	0	31.23	5.15	$11,243
Sep 2000	410	0	31.87	5.19	$13,067
Aug 2000	11	0	29.64	4.54	$326
Jul 2000	170	0	28.53	4.09	$4,850
Jun 2000	137	0	29.30	4.40	$4,014
May 2000	160	0	27.26	3.68	$4,362
Apr 2000	221	0	24.51	3.12	$5,417
Mar 2000	540	0	28.42	2.86	$15,347
Feb 2000	360	0	27.62	2.73	$9,943
Jan 2000	547	0	25.27	2.48	$13,823
Dec 1999	496	0	24.28	2.42	$12,043
Nov 1999	331	0	23.19	2.43	$7,676
Oct 1999	429	0	20.98	2.80	$9,000
Sep 1999	436	0	21.75	2.62	$9,483
Aug 1999	536	0	19.26	2.88	$10,323
Jul 1999	306	0	17.89	2.37	$5,474
Jun 1999	334	0	15.94	2.36	$5,324
May 1999	558	0	15.79	2.32	$8,811
Apr 1999	525	0	15.10	2.21	$7,928
Mar 1999	511	0	12.47	1.84	$6,372
Feb 1999	446	0	9.98	1.82	$4,451
Jan 1999	435	0	10.38	1.90	$4,515
Dec 1998	571	0	9.20	1.77	$5,253
Nov 1998	306	0	10.89	2.19	$3,332
Oct 1998	436	0	12.42	1.97	$5,415
Sep 1998	343	0	12.59	2.08	$4,318
Aug 1998	386	0	11.30	1.91	$4,362
Jul 1998	366	0	11.74	2.24	$4,297
Jun 1998	433	0	11.24	2.24	$4,867
May 1998	346	0	12.62	2.21	$4,367
Apr 1998	475	0	13.04	2.51	$6,194
Mar 1998	557	0	12.80	2.31	$7,130
Feb 1998	248	0	13.95	2.30	$3,460
Jan 1998	263	0	14.70	2.15	$3,866
Dec 1997	408	0	16.32	2.41	$6,659
Nov 1997	298	0	18.19	3.09	$5,421
Oct 1997	299	0	19.25	3.15	$5,756
Sep 1997	369	0	17.74	2.95	$6,546
Aug 1997	399	0	17.86	2.55	$7,126
Jul 1997	365	0	17.58	2.25	$6,417
Jun 1997	427	0	17.24	2.26	$7,361
May 1997	542	0	18.97	2.31	$10,282
Apr 1997	767	0	17.88	2.08	$13,714
Mar 1997	727	0	18.95	1.94	$13,777
Feb 1997	457	0	20.49	2.21	$9,364
Jan 1997	342	0	23.48	3.54	$8,030
Dec 1996	278	0	23.32	—	$6,483
Nov 1996	128	0	21.97	—	$2,812
Oct 1996	415	0	23.31	—	$9,674
Sep 1996	689	0	22.22	—	$15,310
Aug 1996	593	0	20.26	—	$12,014
Jul 1996	633	0	19.55	—	$12,375
Jun 1996	606	0	18.73	—	$11,350
May 1996	698	0	19.43	—	$13,562
Apr 1996	394	0	21.51	—	$8,475
Mar 1996	458	0	19.38	—	$8,876
Feb 1996	377	1	16.98	—	$6,401
Jan 1996	549	0	17.07	—	$9,371
Dec 1995	504	0	17.19	—	$8,664
Nov 1995	403	0	16.00	—	$6,448
Oct 1995	396	0	15.43	—	$6,110
Sep 1995	422	1	16.18	—	$6,828
Aug 1995	447	1	15.92	—	$7,116
Jul 1995	395	1	15.24	—	$6,020
Jun 1995	326	1	16.41	—	$5,350
May 1995	383	1	17.56	—	$6,725
Apr 1995	504	1	17.73	—	$8,936
Mar 1995	502	1	16.44	—	$8,253
Feb 1995	415	1	16.58	—	$6,881
Jan 1995	297	1	15.92	—	$4,728
Dec 1994	406	1	15.03	—	$6,102
Nov 1994	313	1	15.90	—	$4,977
Oct 1994	466	1	15.58	—	$7,260
Sep 1994	337	1	15.29	—	$5,153
Aug 1994	361	1	16.13	—	$5,823
Jul 1994	524	1	17.56	—	$9,201
Jun 1994	363	1	17.09	—	$6,204
May 1994	516	1	15.88	—	$8,194
Apr 1994	488	1	14.14	—	$6,900
Mar 1994	693	6	12.46	—	$8,635
Feb 1994	555	48	12.50	—	$6,938
Jan 1994	615	52	12.66	—	$7,786
Dec 1993	538	84	12.33	—	$6,634
Nov 1993	573	95	14.49	—	$8,303
Oct 1993	689	60	15.85	—	$10,921
Sep 1993	906	87	15.03	—	$13,617
Aug 1993	380	90	15.66	—	$5,951
Jul 1993	288	10	15.46	—	$4,452
Jun 1993	256	5	16.79	—	$4,298
May 1993	455	13	17.68	—	$8,044
Apr 1993	741	17	18.05	—	$13,375
Mar 1993	351	34	18.14	—	$6,367
Feb 1993	369	28	17.90	—	$6,605
Jan 1993	374	14	16.93	—	$6,332

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 2005 — as filed, then multipliedworked

Oil                   34 bbl  × $ 55.69 =     $1,893
Casinghead gas         0 Mcf  × $  7.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,893

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/12526 is the state's own key, not one this site invented.