STATE UNIVERSITY -O-

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

Operated by CITATION OIL & GAS CORP. (P-5 154235) in the ANDREWS, SOUTH (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14424District 08Field 02730852Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$844 k

Jan 1993 – Mar 2010

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

207

no gaps in the span

Streams

oil, casinghead gas

The ANDREWS, SOUTH (WOLFCAMP) 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 68 leases and 131 wells, and the rule below applies to all of them.

Discovered

1953-09-14

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

330 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	34,884 bbl	$767,434
Casinghead gas	Production	55,674 Mcf	$76,534
Total			$843,969

31,413 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 32.1905, -102.5090. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.19106, -102.50906 · 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%

4 of 4 wells

With a plug date

75.0%

3 of 4 wells

Median depth

12,515 ft

3 wells filed one

Completion to plug

13.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

375.0%

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

375.0%

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 11,300 and 12,595 ft, median 12,515 ft, over the 3 wells that filed a depth.

Completions filed

Jan 1972 – Dec 2006

3 of 4 wells; 1 filed none

Plug dates filed

Nov 1985 – Dec 2009

3 of 4 wells; 1 filed none

Last completion to plug: a median of 13.8 years across the 3 wells that filed both dates, with the middle half between 8.4 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-00302560	2 U	—	—	—	Yes
42-00330417	6	12,515 ft	Dec 2006	Dec 2009	Yes
42-00302963	3	12,595 ft	Jul 1992	May 2009	Yes
42-00330209	5	11,300 ft	Jan 1972	Nov 1985	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 (207)

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

207 months


Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	96	0	74.36	5.96	$7,139
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	3	0	42.14	4.06	$126
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	171	0	35.86	5.37	$6,132
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	173	0	110.31	10.45	$19,084
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	196	0	75.84	6.24	$14,865
Aug 2007	174	0	69.06	6.39	$12,016
Jul 2007	177	0	70.90	6.39	$12,549
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	352	0	59.61	7.81	$20,983
Mar 2007	178	0	56.92	7.30	$10,132
Feb 2007	132	0	55.10	8.22	$7,273
Jan 2007	174	0	50.30	6.73	$8,752
Dec 2006	356	0	56.65	6.92	$20,167
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	1	0	54.90	6.01	$55
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	179	0	68.71	7.34	$12,299
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	178	0	64.39	7.36	$11,461
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	181	0	57.59	7.75	$10,424
Jan 2006	0	71	60.59	8.93	$634
Dec 2005	0	61	54.94	13.42	$818
Nov 2005	168	45	54.69	10.59	$9,664
Oct 2005	0	30	58.34	13.80	$414
Sep 2005	0	82	61.45	12.08	$990
Aug 2005	180	82	61.51	9.80	$11,875
Jul 2005	0	61	55.69	7.84	$478
Jun 2005	0	84	52.33	7.38	$620
May 2005	182	86	45.22	6.65	$8,802
Apr 2005	0	48	49.20	7.36	$353
Mar 2005	0	76	50.37	7.15	$544
Feb 2005	184	67	45.22	6.31	$8,743
Jan 2005	0	67	43.16	6.32	$424
Dec 2004	0	76	39.86	6.75	$513
Nov 2004	0	92	45.28	6.33	$582
Oct 2004	184	95	49.70	6.52	$9,764
Sep 2004	0	99	43.24	5.28	$523
Aug 2004	0	104	42.37	5.55	$577
Jul 2004	0	104	38.28	6.08	$633
Jun 2004	172	104	36.10	6.43	$6,878
May 2004	0	99	37.48	6.49	$643
Apr 2004	0	101	34.47	5.86	$592
Mar 2004	185	114	34.36	5.53	$6,987
Feb 2004	0	126	32.45	5.51	$694
Jan 2004	182	151	32.03	6.30	$6,781
Dec 2003	0	3	30.26	6.30	$19
Nov 2003	0	10	28.80	4.60	$46
Oct 2003	177	61	28.17	4.76	$5,276
Sep 2003	0	93	26.31	4.75	$442
Aug 2003	0	99	29.76	5.13	$508
Jul 2003	0	102	29.41	5.17	$527
Jun 2003	0	105	28.56	5.98	$628
May 2003	0	98	26.59	5.97	$585
Apr 2003	169	95	26.67	5.41	$5,021
Mar 2003	0	101	31.14	6.10	$616
Feb 2003	0	88	33.48	7.93	$697
Jan 2003	171	100	30.31	5.58	$5,741
Dec 2002	0	104	26.91	4.85	$505
Nov 2002	0	101	24.66	4.14	$418
Oct 2002	164	112	26.46	4.23	$4,813
Sep 2002	0	109	27.44	3.64	$396
Aug 2002	172	127	25.96	3.16	$4,867
Jul 2002	0	104	24.58	3.06	$318
Jun 2002	0	114	23.73	3.34	$381
May 2002	0	116	24.66	3.58	$416
Apr 2002	171	114	23.65	3.51	$4,445
Mar 2002	0	113	22.00	3.10	$351
Feb 2002	0	103	18.22	2.38	$245
Jan 2002	178	115	17.17	2.38	$3,329
Dec 2001	0	115	16.93	2.36	$272
Nov 2001	159	118	18.07	2.41	$3,157
Oct 2001	0	126	19.78	2.53	$319
Sep 2001	0	135	24.26	2.25	$304
Aug 2001	157	170	24.87	3.05	$4,424
Jul 2001	0	65	23.93	3.20	$208
Jun 2001	177	126	24.56	3.82	$4,829
May 2001	0	131	25.52	4.31	$564
Apr 2001	0	119	24.68	5.34	$635
Mar 2001	362	98	24.54	5.38	$9,410
Feb 2001	0	111	27.75	5.77	$640
Jan 2001	0	106	27.47	8.40	$890
Dec 2000	0	128	26.88	9.12	$1,168
Nov 2000	0	128	32.21	5.66	$724
Oct 2000	167	125	31.23	5.15	$5,859
Sep 2000	0	118	31.87	5.19	$612
Aug 2000	164	155	29.64	4.54	$5,565
Jul 2000	0	135	28.53	4.09	$552
Jun 2000	346	128	29.30	4.40	$10,701
May 2000	0	139	27.26	3.68	$511
Apr 2000	0	126	24.51	3.12	$393
Mar 2000	0	173	28.42	2.86	$495
Feb 2000	0	60	27.62	2.73	$164
Jan 2000	414	141	25.27	2.48	$10,812
Dec 1999	0	151	24.28	2.42	$366
Nov 1999	4	140	23.19	2.43	$434
Oct 1999	0	135	20.98	2.80	$379
Sep 1999	0	130	21.75	2.62	$340
Aug 1999	0	127	19.26	2.88	$365
Jul 1999	0	137	17.89	2.37	$325
Jun 1999	467	397	15.94	2.36	$8,382
May 1999	466	556	15.79	2.32	$8,649
Apr 1999	0	297	15.10	2.21	$656
Mar 1999	472	569	12.47	1.84	$6,932
Feb 1999	0	518	9.98	1.82	$942
Jan 1999	468	574	10.38	1.90	$5,948
Dec 1998	465	572	9.20	1.77	$5,292
Nov 1998	0	555	10.89	2.19	$1,213
Oct 1998	464	598	12.42	1.97	$6,940
Sep 1998	0	583	12.59	2.08	$1,214
Aug 1998	453	608	11.30	1.91	$6,279
Jul 1998	461	611	11.74	2.24	$6,779
Jun 1998	0	593	11.24	2.24	$1,327
May 1998	461	616	12.62	2.21	$7,177
Apr 1998	467	550	13.04	2.51	$7,468
Mar 1998	0	561	12.80	2.31	$1,296
Feb 1998	461	509	13.95	2.30	$7,601
Jan 1998	0	566	14.70	2.15	$1,220
Dec 1997	470	563	16.32	2.41	$9,028
Nov 1997	458	559	18.19	3.09	$10,057
Oct 1997	459	348	19.25	3.15	$9,932
Sep 1997	0	456	17.74	2.95	$1,347
Aug 1997	463	598	17.86	2.55	$9,797
Jul 1997	0	520	17.58	2.25	$1,168
Jun 1997	464	488	17.24	2.26	$9,101
May 1997	465	583	18.97	2.31	$10,167
Apr 1997	457	474	17.88	2.08	$9,158
Mar 1997	0	567	18.95	1.94	$1,099
Feb 1997	435	503	20.49	2.21	$10,023
Jan 1997	470	561	23.48	3.54	$13,021
Dec 1996	0	577	23.32	—	$0
Nov 1996	472	442	21.97	—	$10,370
Oct 1996	470	580	23.31	—	$10,956
Sep 1996	0	564	22.22	—	$0
Aug 1996	463	594	20.26	—	$9,380
Jul 1996	462	627	19.55	—	$9,032
Jun 1996	468	581	18.73	—	$8,766
May 1996	0	575	19.43	—	$0
Apr 1996	459	573	21.51	—	$9,873
Mar 1996	473	590	19.38	—	$9,167
Feb 1996	0	514	16.98	—	$0
Jan 1996	385	546	17.07	—	$6,572
Dec 1995	459	580	17.19	—	$7,890
Nov 1995	469	556	16.00	—	$7,504
Oct 1995	465	591	15.43	—	$7,175
Sep 1995	0	542	16.18	—	$0
Aug 1995	457	630	15.92	—	$7,275
Jul 1995	453	641	15.24	—	$6,904
Jun 1995	454	606	16.41	—	$7,450
May 1995	0	585	17.56	—	$0
Apr 1995	479	632	17.73	—	$8,493
Mar 1995	467	823	16.44	—	$7,677
Feb 1995	474	757	16.58	—	$7,859
Jan 1995	0	833	15.92	—	$0
Dec 1994	471	833	15.03	—	$7,079
Nov 1994	465	853	15.90	—	$7,394
Oct 1994	468	892	15.58	—	$7,291
Sep 1994	468	667	15.29	—	$7,156
Aug 1994	0	641	16.13	—	$0
Jul 1994	467	603	17.56	—	$8,201
Jun 1994	460	604	17.09	—	$7,861
May 1994	462	693	15.88	—	$7,337
Apr 1994	472	520	14.14	—	$6,674
Mar 1994	468	631	12.46	—	$5,831
Feb 1994	477	585	12.50	—	$5,963
Jan 1994	468	700	12.66	—	$5,925
Dec 1993	476	740	12.33	—	$5,869
Nov 1993	474	814	14.49	—	$6,868
Oct 1993	413	900	15.85	—	$6,546
Sep 1993	454	863	15.03	—	$6,824
Aug 1993	460	878	15.66	—	$7,204
Jul 1993	349	698	15.46	—	$5,396
Jun 1993	427	701	16.79	—	$7,169
May 1993	430	673	17.68	—	$7,602
Apr 1993	0	469	18.05	—	$0
Mar 1993	917	546	18.14	—	$16,634
Feb 1993	479	677	17.90	—	$8,574
Jan 1993	474	693	16.93	—	$8,025

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.

Jan 2010 — as filed, then multipliedworked

Oil                   96 bbl  × $ 74.36 =     $7,139
Casinghead gas         0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                   $7,139

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/14424 is the state's own key, not one this site invented.