UNIVERSITY -32-

Name: UNIVERSITY -32- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 13484District 08Field 28843888OilCasinghead gasSave Export

Value, all time

$1.6 M

Jan 1993 – Jan 2011

Value, last 12 filed months

at the published price for each month

Months reported

217

no gaps in the span

Streams

oil, casinghead gas

The EMBAR (5600) 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 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.

Stream	Basis	Volume	Value
Oil	Disposition	16,057 bbl	$529,905
Casinghead gas	Production	293,056 Mcf	$1,071,659
Total			$1,601,564

86,914 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 31.9733, -102.5014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 34.0 miles, so treat it as the lease's centre and not as its location.

31.90169, -102.40597 · 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%

3 of 3 wells

With a plug date

0.0%

0 of 3 wells

Median depth

10,859 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

3100.0%

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 10,859 ft.

Completions filed

Jan 1959 – Oct 1993

3 of 3 wells

3 wells


42-32932724	61	10,859 ft	Oct 1993	—	Yes
42-00301447	2	—	Jan 1959	—	Yes
42-00308007	1	—	Jan 1959	—	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 (217)

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

217 months


Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
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	303	1,569	131.08	11.39	$57,587
Jun 2008	0	1,468	131.33	13.03	$19,132
May 2008	163	1,327	123.17	11.57	$35,436
Apr 2008	0	1,347	110.31	10.45	$14,083
Mar 2008	150	1,642	101.90	9.66	$31,153
Feb 2008	0	1,495	92.53	8.77	$13,112
Jan 2008	175	1,596	90.38	8.21	$28,913
Dec 2007	0	1,526	88.33	7.30	$11,143
Nov 2007	175	1,533	91.67	7.29	$27,220
Oct 2007	0	1,446	82.85	6.92	$10,009
Sep 2007	178	1,384	75.84	6.24	$22,141
Aug 2007	0	1,823	69.06	6.39	$11,645
Jul 2007	175	1,905	70.90	6.39	$24,577
Jun 2007	163	1,882	62.00	7.55	$24,312
May 2007	0	2,255	58.74	7.85	$17,693
Apr 2007	0	597	59.61	7.81	$4,660
Mar 2007	0	1,132	56.92	7.30	$8,266
Feb 2007	354	1,690	55.10	8.22	$33,390
Jan 2007	0	1,939	50.30	6.73	$13,043
Dec 2006	0	2,026	56.65	6.92	$14,017
Nov 2006	0	434	54.20	7.62	$3,306
Oct 2006	158	1,526	54.90	6.01	$17,851
Sep 2006	0	1,343	60.08	5.04	$6,765
Aug 2006	0	935	68.71	7.34	$6,863
Jul 2006	173	1,357	69.37	6.34	$20,608
Jun 2006	172	1,294	66.28	6.38	$19,661
May 2006	0	1,831	66.01	6.42	$11,764
Apr 2006	0	1,944	64.39	7.36	$14,309
Mar 2006	159	1,634	56.70	7.08	$20,589
Feb 2006	0	1,468	57.59	7.75	$11,379
Jan 2006	165	1,668	60.59	8.93	$24,898
Dec 2005	0	1,516	54.94	13.42	$20,338
Nov 2005	171	1,844	54.69	10.59	$28,877
Oct 2005	0	1,794	58.34	13.80	$24,750
Sep 2005	0	621	61.45	12.08	$7,501
Aug 2005	0	824	61.51	9.80	$8,073
Jul 2005	151	1,496	55.69	7.84	$20,143
Jun 2005	0	1,611	52.33	7.38	$11,891
May 2005	175	1,475	45.22	6.65	$17,724
Apr 2005	0	1,626	49.20	7.36	$11,968
Mar 2005	164	1,607	50.37	7.15	$19,759
Feb 2005	0	1,550	45.22	6.31	$9,783
Jan 2005	163	1,513	43.16	6.32	$16,601
Dec 2004	0	1,444	39.86	6.75	$9,749
Nov 2004	174	1,658	45.28	6.33	$18,375
Oct 2004	0	1,537	49.70	6.52	$10,014
Sep 2004	166	1,652	43.24	5.28	$15,907
Aug 2004	0	1,645	42.37	5.55	$9,131
Jul 2004	169	1,567	38.28	6.08	$16,003
Jun 2004	0	1,469	36.10	6.43	$9,450
May 2004	171	1,625	37.48	6.49	$16,963
Apr 2004	0	1,519	34.47	5.86	$8,899
Mar 2004	178	1,654	34.36	5.53	$15,263
Feb 2004	0	1,555	32.45	5.51	$8,567
Jan 2004	0	1,223	32.03	6.30	$7,704
Dec 2003	166	1,632	30.26	6.30	$15,307
Nov 2003	0	1,727	28.80	4.60	$7,936
Oct 2003	182	1,664	28.17	4.76	$13,047
Sep 2003	0	1,607	26.31	4.75	$7,632
Aug 2003	181	1,597	29.76	5.13	$13,579
Jul 2003	0	1,543	29.41	5.17	$7,979
Jun 2003	179	1,532	28.56	5.98	$14,278
May 2003	0	1,661	26.59	5.97	$9,921
Apr 2003	181	1,743	26.67	5.41	$14,252
Mar 2003	0	1,826	31.14	6.10	$11,131
Feb 2003	0	1,648	33.48	7.93	$13,062
Jan 2003	168	1,815	30.31	5.58	$15,223
Dec 2002	0	1,852	26.91	4.85	$8,989
Nov 2002	174	1,863	24.66	4.14	$11,998
Oct 2002	181	1,977	26.46	4.23	$13,150
Sep 2002	0	1,654	27.44	3.64	$6,013
Aug 2002	0	1,135	25.96	3.16	$3,591
Jul 2002	179	1,899	24.58	3.06	$10,214
Jun 2002	178	1,967	23.73	3.34	$10,790
May 2002	0	1,606	24.66	3.58	$5,756
Apr 2002	181	1,759	23.65	3.51	$10,459
Mar 2002	180	1,502	22.00	3.10	$8,620
Feb 2002	0	1,644	18.22	2.38	$3,906
Jan 2002	0	1,850	17.17	2.38	$4,395
Dec 2001	0	1,878	16.93	2.36	$4,440
Nov 2001	0	1,770	18.07	2.41	$4,258
Oct 2001	175	1,825	19.78	2.53	$8,077
Sep 2001	0	1,851	24.26	2.25	$4,167
Aug 2001	316	1,917	24.87	3.05	$13,712
Jul 2001	0	1,930	23.93	3.20	$6,170
Jun 2001	0	1,907	24.56	3.82	$7,293
May 2001	187	2,033	25.52	4.31	$13,529
Apr 2001	187	1,696	24.68	5.34	$13,664
Mar 2001	0	1,880	24.54	5.38	$10,108
Feb 2001	178	1,510	27.75	5.77	$13,648
Jan 2001	0	1,821	27.47	8.40	$15,294
Dec 2000	0	74	26.88	9.12	$675
Nov 2000	178	557	32.21	5.66	$8,885
Oct 2000	0	1,365	31.23	5.15	$7,024
Sep 2000	0	1,244	31.87	5.19	$6,452
Aug 2000	161	1,562	29.64	4.54	$11,865
Jul 2000	0	1,655	28.53	4.09	$6,769
Jun 2000	153	1,345	29.30	4.40	$10,397
May 2000	342	1,257	27.26	3.68	$13,948
Apr 2000	0	1,197	24.51	3.12	$3,730
Mar 2000	180	1,362	28.42	2.86	$9,011
Feb 2000	0	1,263	27.62	2.73	$3,444
Jan 2000	0	1,351	25.27	2.48	$3,351
Dec 1999	535	1,350	24.28	2.42	$16,262
Nov 1999	0	1,502	23.19	2.43	$3,656
Oct 1999	176	1,040	20.98	2.80	$6,608
Sep 1999	0	1,418	21.75	2.62	$3,714
Aug 1999	0	1,564	19.26	2.88	$4,497
Jul 1999	348	1,502	17.89	2.37	$9,789
Jun 1999	0	1,430	15.94	2.36	$3,378
May 1999	0	1,552	15.79	2.32	$3,602
Apr 1999	357	1,618	15.10	2.21	$8,963
Mar 1999	0	1,819	12.47	1.84	$3,344
Feb 1999	341	1,308	9.98	1.82	$5,781
Jan 1999	0	715	10.38	1.90	$1,358
Dec 1998	0	1,347	9.20	1.77	$2,389
Nov 1998	0	1,453	10.89	2.19	$3,176
Oct 1998	0	1,555	12.42	1.97	$3,062
Sep 1998	0	1,519	12.59	2.08	$3,164
Aug 1998	0	1,723	11.30	1.91	$3,286
Jul 1998	0	1,291	11.74	2.24	$2,888
Jun 1998	0	1,258	11.24	2.24	$2,814
May 1998	0	1,496	12.62	2.21	$3,301
Apr 1998	180	1,353	13.04	2.51	$5,737
Mar 1998	0	1,044	12.80	2.31	$2,411
Feb 1998	169	1,005	13.95	2.30	$4,668
Jan 1998	0	1,153	14.70	2.15	$2,484
Dec 1997	0	1,138	16.32	2.41	$2,744
Nov 1997	0	1,191	18.19	3.09	$3,678
Oct 1997	150	1,022	19.25	3.15	$6,107
Sep 1997	340	1,118	17.74	2.95	$9,335
Aug 1997	0	958	17.86	2.55	$2,447
Jul 1997	0	896	17.58	2.25	$2,013
Jun 1997	0	796	17.24	2.26	$1,797
May 1997	138	801	18.97	2.31	$4,467
Apr 1997	0	1,138	17.88	2.08	$2,370
Mar 1997	160	1,487	18.95	1.94	$5,916
Feb 1997	172	1,256	20.49	2.21	$6,295
Jan 1997	0	1,332	23.48	3.54	$4,715
Dec 1996	0	842	23.32	—	$0
Nov 1996	174	1,385	21.97	—	$3,823
Oct 1996	0	1,088	23.31	—	$0
Sep 1996	0	1,373	22.22	—	$0
Aug 1996	161	1,588	20.26	—	$3,262
Jul 1996	0	1,374	19.55	—	$0
Jun 1996	144	978	18.73	—	$2,697
May 1996	0	1,690	19.43	—	$0
Apr 1996	173	1,789	21.51	—	$3,721
Mar 1996	0	1,161	19.38	—	$0
Feb 1996	175	1,491	16.98	—	$2,972
Jan 1996	0	1,610	17.07	—	$0
Dec 1995	174	2,015	17.19	—	$2,991
Nov 1995	0	1,192	16.00	—	$0
Oct 1995	180	1,767	15.43	—	$2,777
Sep 1995	0	1,297	16.18	—	$0
Aug 1995	174	1,689	15.92	—	$2,770
Jul 1995	0	1,827	15.24	—	$0
Jun 1995	0	1,287	16.41	—	$0
May 1995	178	1,645	17.56	—	$3,126
Apr 1995	0	1,675	17.73	—	$0
Mar 1995	177	1,673	16.44	—	$2,910
Feb 1995	327	1,624	16.58	—	$5,422
Jan 1995	0	1,466	15.92	—	$0
Dec 1994	0	1,719	15.03	—	$0
Nov 1994	177	2,215	15.90	—	$2,814
Oct 1994	178	2,901	15.58	—	$2,773
Sep 1994	0	2,805	15.29	—	$0
Aug 1994	0	2,844	16.13	—	$0
Jul 1994	178	2,722	17.56	—	$3,126
Jun 1994	0	2,363	17.09	—	$0
May 1994	173	1,491	15.88	—	$2,747
Apr 1994	354	1,631	14.14	—	$5,006
Mar 1994	0	1,681	12.46	—	$0
Feb 1994	0	1,503	12.50	—	$0
Jan 1994	0	1,665	12.66	—	$0
Dec 1993	178	1,683	12.33	—	$2,195
Nov 1993	0	1,708	14.49	—	$0
Oct 1993	180	1,599	15.85	—	$2,853
Sep 1993	0	1,443	15.03	—	$0
Aug 1993	176	1,774	15.66	—	$2,756
Jul 1993	0	1,707	15.46	—	$0
Jun 1993	175	1,698	16.79	—	$2,938
May 1993	0	2,133	17.68	—	$0
Apr 1993	127	3,489	18.05	—	$2,292
Mar 1993	168	2,506	18.14	—	$3,048
Feb 1993	179	2,802	17.90	—	$3,204
Jan 1993	179	3,306	16.93	—	$3,030

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                  303 bbl  × $131.08 =    $39,717
Casinghead gas     1,569 Mcf  × $ 11.39 =    $17,870

────────────────────────────────────────────────────
Month total                                  $57,587

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/13484 is the state's own key, not one this site invented.