UNIVERSITY -K-

Operated by BURGUNDY OIL & GAS, INC. (P-5 108650) in the TRIPLE-N (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12803District 08Field 91350300Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$12.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$261 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 20 leases and 121 wells, and the rule below applies to all of them.

Discovered
1964-01-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1981-12-21.

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: OPTIONAL 20 ACRES

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition234,418 bbl$11,901,366
Casinghead gasProduction37,067 Mcf$135,269
Total$12,036,635

5,022 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 (3)

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 32.1580, -102.5914. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.15768, -102.59143 · 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
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
12,514 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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 5,600 and 12,575 ft, median 12,514 ft, over the 3 wells that filed a depth.

Completions filed
Jan 1980 – Nov 1987
2 of 3 wells; 1 filed none

3 wells

42-00305663312,514 ftYes
42-0033592145,600 ftNov 1987
42-00305656212,575 ftJan 1980

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 202624067106.413.05$25,742
Apr 20262595898.932.87$25,789
Mar 20264445289.753.15$40,013
Feb 20262702363.503.75$17,231
Jan 20262904559.138.00$17,508
Dec 20252633156.664.41$15,038
Nov 20252834258.593.93$16,746
Oct 20252545659.383.30$15,268
Sep 2025445662.743.08$27,938
Aug 2025252063.933.01$16,110
Jul 20254093066.743.32$27,396
Jun 20252422766.483.13$16,173
May 20252706060.553.23$16,542
Apr 20254517062.363.54$28,372
Mar 20254246967.704.27$28,999
Feb 20253237370.884.34$23,211
Jan 20254771074.324.28$35,493
Dec 2024453068.993.12$31,252
Nov 2024258069.052.20$17,815
Oct 2024435071.372.28$31,046
Sep 2024569069.612.36$39,608
Aug 2024356075.632.06$26,924
Jul 2024261079.932.15$20,862
Jun 2024423078.082.63$33,028
May 2024434078.812.20$34,204
Apr 2024454084.451.66$38,340
Mar 2024441080.301.55$35,412
Feb 20244352376.091.78$33,140
Jan 20246424573.023.30$47,027
Dec 20234266071.262.61$30,513
Nov 20234415577.892.81$34,504
Oct 20234507985.443.09$38,692
Sep 2023560989.042.74$49,887
Aug 20235401080.522.67$43,508
Jul 202337113174.852.64$28,115
Jun 202355510468.962.26$38,508
May 20235379970.622.23$38,143
Apr 202346310278.122.24$36,398
Mar 202359112472.852.39$43,351
Feb 202349810175.112.47$37,654
Jan 20236128076.533.39$47,107
Dec 20224257576.415.73$32,904
Nov 20226065585.005.65$51,821
Oct 20227348287.185.86$64,471
Sep 20223919284.888.16$33,939
Aug 20225738694.529.13$54,945
Jul 202255486101.587.54$56,924
Jun 202268690115.097.98$79,670
May 202258392109.378.43$64,539
Apr 202256488104.226.84$59,382
Mar 2022810111108.885.08$88,756
Feb 20226589191.054.86$60,353
Jan 202245511681.844.54$37,764
Dec 202181612571.323.90$58,685
Nov 20217646377.435.24$59,486
Oct 20215429779.795.71$43,800
Sep 20217327969.865.35$51,560
Aug 202154412266.024.22$36,430
Jul 202171710170.783.98$51,151
Jun 202152110969.493.38$36,573
May 202169910363.483.02$44,683
Apr 202173213360.362.76$44,550
Mar 20217507861.302.72$46,187
Feb 20215942157.805.55$34,450
Jan 20218455350.412.81$42,745
Dec 20206916244.642.68$31,012
Nov 20207137838.772.71$27,854
Oct 202071711136.972.48$26,783
Sep 202087014837.091.99$32,563
Aug 202081615839.982.39$33,001
Jul 20206816838.371.83$26,254
Jun 20208163034.901.69$28,529
May 202002416.921.81$44
Apr 20203696814.751.80$5,565
Mar 20208305830.341.86$25,290
Feb 20206916049.881.98$34,586
Jan 20201,0137257.252.09$58,145
Dec 20196827159.012.30$40,408
Nov 20199877455.302.75$54,785
Oct 201937513453.472.42$20,375
Sep 201968316755.052.66$38,043
Aug 201985918553.112.30$46,048
Jul 201981318456.272.46$46,200
Jun 201970918352.782.49$37,877
May 201969017758.482.74$40,836
Apr 201989215862.632.75$56,301
Mar 201987014956.803.06$49,872
Feb 201990617750.852.79$46,564
Jan 201972714546.033.23$33,932
Dec 20181,06516346.594.19$50,301
Nov 201872615552.934.24$39,084
Oct 20181,03917461.443.40$64,427
Sep 201888917259.543.11$53,466
Aug 201869818359.403.07$42,022
Jul 201887818665.142.93$57,738
Jun 201886310860.183.08$52,268
May 201885915565.382.90$56,611
Apr 201888214663.842.90$56,730
Mar 20181,18616961.222.79$73,078
Feb 201874314261.782.77$46,295
Jan 20181,0177762.874.01$64,248
Dec 20171,03016257.272.92$59,461
Nov 201787118755.423.12$48,854
Oct 20171,18420349.292.98$58,965
Sep 20171,02414247.523.09$49,099
Aug 20171,02914545.373.00$47,121
Jul 2017526143.873.09$23,079
Jun 20175399842.493.09$23,205
May 20173628045.373.26$16,685
Apr 20175457447.933.21$26,360
Mar 20175348546.772.98$25,229
Feb 20175227650.452.95$26,559
Jan 20175377049.413.42$26,772
Dec 20163756448.763.72$18,523
Nov 20165197442.492.64$22,248
Oct 20165365146.193.09$24,915
Sep 20163977241.553.10$16,719
Aug 20165299241.442.92$22,191
Jul 20163567841.622.92$15,045
Jun 20165525145.352.69$25,170
May 20163754942.521.99$16,043
Apr 20165456536.561.99$20,055
Mar 20165256533.011.79$17,447
Feb 20165365126.472.06$14,293
Jan 20165475727.352.36$15,095
Dec 20153804232.362.00$12,381
Nov 20154056038.792.17$15,840
Oct 20153796443.552.43$16,661
Sep 20155487042.992.76$23,752
Aug 20155468340.162.87$22,166
Jul 201536610648.152.95$17,935
Jun 20155568456.152.88$31,462
May 2015542055.212.96$29,924
Apr 20155566749.822.71$27,881
Mar 201569512442.892.93$30,172
Feb 201540611044.662.98$18,459
Jan 20155539543.433.10$24,311
Dec 201455410654.693.59$30,679
Nov 20143836970.464.25$27,280
Oct 20145449278.303.90$42,954
Sep 20144028386.164.05$34,972
Aug 201454310689.394.04$48,966
Jul 201453012796.564.18$51,708
Jun 201457711898.164.74$57,197
May 201454711794.734.73$52,370
Apr 20145649795.944.81$54,577
Mar 20145509295.895.06$53,205
Feb 20144426597.406.19$43,453
Jan 20147248590.404.86$65,863
Dec 20133876691.824.35$35,822
Nov 20133881288.853.74$34,519
Oct 20139006897.423.78$87,935
Sep 201322688104.113.72$23,856
Aug 2013709103104.253.52$74,276
Jul 2013389120102.523.72$40,326
Jun 20134056594.403.93$38,488
May 20135411294.834.15$51,353
Apr 20135783493.964.28$54,454
Mar 20135492093.623.91$51,476
Feb 20134397591.233.42$40,306
Jan 20137393991.603.42$67,826
Dec 20125697486.773.42$49,625
Nov 20125557286.953.62$48,518
Oct 20125597889.383.40$50,229
Sep 201254210294.672.92$51,609
Aug 20125398592.662.91$50,191
Jul 20125422085.133.02$46,201
Jun 20126025479.822.52$48,188
May 20125705791.612.49$52,360
Apr 201263253101.652.00$64,349
Mar 201243052105.052.22$45,287
Feb 201276653101.102.57$77,579
Jan 20126093098.092.73$59,819
Dec 20116163596.873.24$59,785
Nov 20116016095.723.31$57,726
Oct 20114296984.983.65$36,708
Sep 20116249083.623.99$52,538
Aug 201179011383.404.15$66,355
Jul 20115719994.144.52$54,201
Jun 20116119392.904.64$57,193
May 20114079398.134.40$40,349
Apr 201155689105.964.33$59,299
Mar 201181310996.364.06$78,783
Feb 20111111685.644.18$9,573
Jan 20115232586.504.59$45,354
Dec 20105708685.734.35$49,240
Nov 20105857980.843.80$47,591
Oct 20105947778.103.51$46,662
Sep 20104348672.633.98$31,864
Aug 20105817473.684.42$43,135
Jul 20105666272.554.74$41,357
Jun 20105636870.364.91$39,947
May 20103966971.124.24$28,456
Apr 20105797981.694.12$47,624
Mar 20107159778.394.39$56,475
Feb 20104246773.585.44$31,563
Jan 20105707174.365.96$42,809
Dec 20097457071.445.48$53,607
Nov 20094279874.593.75$32,218
Oct 20095914272.544.11$43,044
Sep 200943811165.543.06$29,047
Aug 20095814067.423.22$39,300
Jul 200960611361.133.46$37,436
Jun 200941211366.163.90$27,698
May 200959010754.743.93$32,717
Apr 20096417646.773.59$30,252
Mar 20095576842.144.06$23,748
Feb 20094736132.814.63$15,802
Jan 20097978735.865.37$29,048
Dec 20086079237.105.98$23,070
Nov 200860411555.496.86$34,305
Oct 20084037775.246.92$30,855
Sep 200859252101.767.88$60,652
Aug 2008435107114.228.48$50,593
Jul 2008786106131.0811.39$104,236
Jun 200858758131.3313.03$77,847
May 2008218100123.1711.57$28,008
Apr 200874332110.3110.45$82,295
Mar 200873514101.909.66$75,032
Feb 20082351192.538.77$21,841
Jan 20085534890.388.21$50,374
Dec 20075789888.337.30$51,770
Nov 20075608691.677.29$51,962
Oct 200756411182.856.92$47,496
Sep 20073839475.846.24$29,634
Aug 20077119169.066.39$49,683
Jul 200753212670.906.39$38,524
Jun 20078758762.007.55$54,907
May 20073745458.747.85$22,392
Apr 20073853859.617.81$23,246
Mar 200770311656.927.30$40,862
Feb 20075699455.108.22$32,124
Jan 200737310250.306.73$19,448
Dec 200670810356.656.92$40,821
Nov 200672310654.207.62$39,994
Oct 20063782454.906.01$20,897
Sep 200655713060.085.04$34,119
Aug 200671414168.717.34$50,094
Jul 200654315469.376.34$38,645
Jun 200655410466.286.38$37,383
May 20065552066.016.42$36,764
Apr 20065558264.397.36$36,340
Mar 200670711156.707.08$40,873
Feb 20064299557.597.75$25,442
Jan 20065937560.598.93$36,600
Dec 20055794154.9413.42$32,360
Nov 20055893654.6910.59$32,594
Oct 200541711858.3413.80$25,956
Sep 20056029661.4512.08$38,152
Aug 200570813361.519.80$44,852
Jul 200538514355.697.84$22,562
Jun 200558514152.337.38$31,654
May 200557114845.226.65$26,805
Apr 20055768549.207.36$28,965
Mar 200556311850.377.15$29,203
Feb 200560110345.226.31$27,827
Jan 200576813043.166.32$33,969
Dec 200459110039.866.75$24,232
Nov 200424912045.286.33$12,034
Oct 200440213549.706.52$20,859
Sep 200459911543.245.28$26,508
Aug 200443715042.375.55$19,348
Jul 200460916238.286.08$24,298
Jun 200461814536.106.43$23,243
May 200443415037.486.49$17,241
Apr 200455014534.475.86$19,808
Mar 200463012534.365.53$22,338
Feb 200465210432.455.51$21,730
Jan 200442710532.036.30$14,338
Dec 200363310030.266.30$19,785
Nov 20034558228.804.60$13,481
Oct 20036179428.174.76$17,828
Sep 20036319526.314.75$17,053
Aug 20034379629.765.13$13,498
Jul 20036149329.415.17$18,539
Jun 20034389728.565.98$13,090
May 200361810026.595.97$17,030
Apr 200362610026.675.41$17,236
Mar 200359110031.146.10$19,013
Feb 20034528133.487.93$15,775
Jan 200362910030.315.58$19,623
Dec 200243010026.914.85$12,057
Nov 20025949024.664.14$15,020
Oct 20024498526.464.23$12,240
Sep 200262910027.443.64$17,623
Aug 200260312725.963.16$16,056
Jul 200243215424.583.06$11,090
Jun 200259815223.733.34$14,698
May 200268117624.663.58$17,424
Apr 200260213923.653.51$14,726
Mar 200261012022.003.10$13,792
Feb 200252010018.222.38$9,712
Jan 200255311117.172.38$9,759
Dec 200159610316.932.36$10,334
Nov 20015399218.072.41$9,961
Oct 20015329719.782.53$10,768
Sep 200155011424.262.25$13,600
Aug 200150313324.873.05$12,916
Jul 200154513423.933.20$13,470
Jun 200155914524.563.82$14,284
May 200158510425.524.31$15,377
Apr 20016055524.685.34$15,225
Mar 200161110324.545.38$15,548
Feb 20016289127.755.77$17,952
Jan 200160111627.478.40$17,484
Dec 200061211126.889.12$17,463
Nov 200057611932.215.66$19,226
Oct 200058713631.235.15$19,032
Sep 200076113731.875.19$24,964
Aug 200063711229.644.54$19,389
Jul 20005357128.534.09$15,554
Jun 200061710629.304.40$18,544
May 200060411927.263.68$16,903
Apr 200061011824.513.12$15,319
Mar 200059610728.422.86$17,244
Feb 200059110327.622.73$16,604
Jan 200057911525.272.48$14,917
Dec 199982610124.282.42$20,300
Nov 199961011523.192.43$14,426
Oct 199959513320.982.80$12,856
Sep 199970011421.752.62$15,524
Aug 199940312919.262.88$8,133
Jul 199978813917.892.37$14,427
Jun 199945512415.942.36$7,546
May 199963312915.792.32$10,294
Apr 199965010515.102.21$10,047
Mar 199964210912.471.84$8,206
Feb 19996501069.981.82$6,680
Jan 19997999810.381.90$8,480
Dec 19984301029.201.77$4,137
Nov 19986008110.892.19$6,711
Oct 199897112412.421.97$12,304
Sep 199843513812.592.08$5,764
Aug 199861714711.301.91$7,252
Jul 199861615711.742.24$7,583
Jun 199858914311.242.24$6,940
May 199880615212.622.21$10,507
Apr 19986229413.042.51$8,346
Mar 19988013712.802.31$10,338
Feb 19984714213.952.30$6,667
Jan 199879110314.702.15$11,850
Dec 19976119116.322.41$10,191
Nov 19976159118.193.09$11,468
Oct 199781312319.253.15$16,038
Sep 199746715117.742.95$8,731
Aug 199781914417.862.55$14,995
Jul 199779015117.582.25$14,227
Jun 199780213517.242.26$14,131
May 199765614118.972.31$12,770
Apr 199765510117.882.08$11,922
Mar 19971,0749518.951.94$20,537
Feb 19975869620.492.21$12,219
Jan 19975643123.483.54$13,352
Dec 19961656823.32$3,848
Nov 19966537821.97$14,346
Oct 19961,0659023.31$24,825
Sep 199663614322.22$14,132
Aug 19966276220.26$12,703
Jul 19966276719.55$12,258
Jun 19961797518.73$3,353
May 19966259619.43$12,144
Apr 19966198321.51$13,315
Mar 19965247719.38$10,155
Feb 19966347616.98$10,765
Jan 19966538317.07$11,147
Dec 19956068717.19$10,417
Nov 19956587916.00$10,528
Oct 199562611015.43$9,659
Sep 19951599216.18$2,573
Aug 19951,06512615.92$16,955
Jul 199516913215.24$2,576
Jun 19951,12211516.41$18,412
May 199516912517.56$2,968
Apr 19956447517.73$11,418
Mar 19956437716.44$10,571
Feb 19953305916.58$5,471
Jan 199598810115.92$15,729
Dec 199416513515.03$2,480
Nov 19946329615.90$10,049
Oct 19946259915.58$9,738
Sep 19945758515.29$8,792
Aug 19946379516.13$10,275
Jul 199464312117.56$11,291
Jun 19941,02810617.09$17,569
May 199426512115.88$4,208
Apr 199465812014.14$9,304
Mar 199463312212.46$7,887
Feb 19946475812.50$8,088
Jan 19941,11710012.66$14,141
Dec 19936377312.33$7,854
Nov 19936714814.49$9,723
Oct 19936205915.85$9,827
Sep 19933229415.03$4,840
Aug 199363215815.66$9,897
Jul 199365515515.46$10,126
Jun 199396015716.79$16,118
May 199333318917.68$5,887
Apr 199364821018.05$11,696
Mar 199398117618.14$17,795
Feb 199365512217.90$11,725
Jan 199329714716.93$5,028

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                  240 bbl  × $106.41 =    $25,538
Casinghead gas        67 Mcf  × $  3.05 =       $204

────────────────────────────────────────────────────
Month total                                  $25,742

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/12803 is the state's own key, not one this site invented.