UNIVERSITY -DQ-

Operated by OLSEN ENERGY INC. (P-5 621750) in the COWDEN, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14797District 08Field 21289001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$124 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 193 leases and 3,124 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
880 ft
minimum
From a lease line
440 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1974-03-03.

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 20ACRE UNITS PER #8-64059 6-3-74

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
OilDisposition98,377 bbl$4,240,540
Casinghead gasProduction31 Mcf$0
Total$4,240,540

31 Mcf of this lease's gas, across 31 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 32.1174, -102.5685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.11739, -102.56853 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
4,700 ft
4 wells filed one
Completion to plug
35.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 4,700 and 4,700 ft, median 4,700 ft, over the 4 wells that filed a depth.

Completions filed
Mar 1960 – Aug 2016
4 of 4 wells
Plug dates filed
Jan 1987 – Dec 2004
2 of 4 wells; 2 filed none

Last completion to plug: a median of 35.8 years across the 2 wells that filed both dates, with the middle half between 31.3 years and 40.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-0030422114,700 ftAug 2016
42-0030424944,700 ftApr 1960Dec 2004Yes
42-0030424334,700 ftMar 1960
42-0030423324,700 ftMar 1960Jan 1987Yes

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 20261840106.413.05$19,579
Apr 20260098.932.87$0
Mar 2026181089.753.15$16,245
Feb 2026176063.503.75$11,176
Jan 2026164059.138.00$9,697
Dec 2025176056.664.41$9,972
Nov 20250058.593.93$0
Oct 2025185059.383.30$10,985
Sep 2025172062.743.08$10,791
Aug 2025185063.933.01$11,827
Jul 2025175066.743.32$11,680
Jun 2025187066.483.13$12,432
May 2025182060.553.23$11,020
Apr 20250062.363.54$0
Mar 2025190067.704.27$12,863
Feb 2025191070.884.34$13,538
Jan 2025179074.324.28$13,303
Dec 20240068.993.12$0
Nov 2024188069.052.20$12,981
Oct 2024183071.372.28$13,061
Sep 2024186069.612.36$12,947
Aug 2024186075.632.06$14,067
Jul 2024180079.932.15$14,387
Jun 20240078.082.63$0
May 2024177078.812.20$13,949
Apr 2024186084.451.66$15,708
Mar 2024182080.301.55$14,615
Feb 2024185076.091.78$14,077
Jan 2024186073.023.30$13,582
Dec 2023153071.262.61$10,903
Nov 2023164077.892.81$12,774
Oct 2023155085.443.09$13,243
Sep 20230089.042.74$0
Aug 2023183080.522.67$14,735
Jul 2023330074.852.64$24,701
Jun 20230068.962.26$0
May 2023155070.622.23$10,946
Apr 2023185078.122.24$14,452
Mar 2023185072.852.39$13,477
Feb 2023162075.112.47$12,168
Jan 2023184076.533.39$14,082
Dec 2022166076.415.73$12,684
Nov 20220085.005.65$0
Oct 2022185087.185.86$16,128
Sep 2022165084.888.16$14,005
Aug 20220094.529.13$0
Jul 20221820101.587.54$18,488
Jun 20221800115.097.98$20,716
May 20221150109.378.43$12,578
Apr 20221620104.226.84$16,884
Mar 20221840108.885.08$20,034
Feb 2022162091.054.86$14,750
Jan 2022166081.844.54$13,585
Dec 2021169071.323.90$12,053
Nov 20210077.435.24$0
Oct 2021169079.795.71$13,485
Sep 2021165069.865.35$11,527
Aug 2021163066.024.22$10,761
Jul 2021169070.783.98$11,962
Jun 2021163069.493.38$11,327
May 2021186063.483.02$11,807
Apr 20210060.362.76$0
Mar 2021182061.302.72$11,157
Feb 2021161057.805.55$9,306
Jan 2021162050.412.81$8,166
Dec 2020161044.642.68$7,187
Nov 2020161038.772.71$6,242
Oct 20200036.972.48$0
Sep 2020167037.091.99$6,194
Aug 20200039.982.39$0
Jul 2020192038.371.83$7,367
Jun 20200034.901.69$0
May 2020164016.921.81$2,775
Apr 20200014.751.80$0
Mar 2020172030.341.86$5,218
Feb 20200049.881.98$0
Jan 2020180057.252.09$10,305
Dec 2019161059.012.30$9,501
Nov 2019136055.302.75$7,521
Oct 2019174053.472.42$9,304
Sep 2019174055.052.66$9,579
Aug 2019163053.112.30$8,657
Jul 2019171056.272.46$9,622
Jun 2019174052.782.49$9,184
May 2019169058.482.74$9,883
Apr 20190062.632.75$0
Mar 2019159056.803.06$9,031
Feb 2019174050.852.79$8,848
Jan 2019173046.033.23$7,963
Dec 2018167046.594.19$7,781
Nov 20180052.934.24$0
Oct 2018180061.443.40$11,059
Sep 2018163059.543.11$9,705
Aug 2018192059.403.07$11,405
Jul 2018164065.142.93$10,683
Jun 20182060.183.08$120
May 2018166065.382.90$10,853
Apr 2018168063.842.90$10,725
Mar 2018167061.222.79$10,224
Feb 2018170061.782.77$10,503
Jan 20181062.874.01$63
Dec 2017143057.272.92$8,190
Nov 2017171055.423.12$9,477
Oct 2017161049.292.98$7,936
Sep 2017141047.523.09$6,700
Aug 2017171045.373.00$7,758
Jul 2017165043.873.09$7,239
Jun 2017168042.493.09$7,138
May 20170045.373.26$0
Apr 2017171047.933.21$8,196
Mar 2017168046.772.98$7,857
Feb 20170050.452.95$0
Jan 2017151049.413.42$7,461
Dec 2016148048.763.72$7,216
Nov 20160042.492.64$0
Oct 2016165046.193.09$7,621
Sep 20161041.553.10$42
Aug 2016162041.442.92$6,713
Jul 2016146041.622.92$6,077
Jun 20169045.352.69$408
May 2016149042.521.99$6,335
Apr 2016154036.561.99$5,630
Mar 20164033.011.79$132
Feb 2016166026.472.06$4,394
Jan 2016327027.352.36$8,943
Dec 2015151032.362.00$4,886
Nov 2015147038.792.17$5,702
Oct 2015156043.552.43$6,794
Sep 2015146042.992.76$6,277
Aug 2015159040.162.87$6,385
Jul 2015152048.152.95$7,319
Jun 2015307056.152.88$17,238
May 2015149055.212.96$8,226
Apr 2015159049.822.71$7,921
Mar 2015166042.892.93$7,120
Feb 2015166044.662.98$7,414
Jan 2015166043.433.10$7,209
Dec 2014165054.693.59$9,024
Nov 2014170070.464.25$11,978
Oct 2014148078.303.90$11,588
Sep 2014169086.164.05$14,561
Aug 2014171089.394.04$15,286
Jul 20140096.564.18$0
Jun 2014152098.164.74$14,920
May 2014338094.734.73$32,019
Apr 20141095.944.81$96
Mar 2014166095.895.06$15,918
Feb 2014180097.406.19$17,532
Jan 2014168090.404.86$15,187
Dec 2013157091.824.35$14,416
Nov 2013150088.853.74$13,328
Oct 2013160097.423.78$15,587
Sep 20131570104.113.72$16,345
Aug 20131600104.253.52$16,680
Jul 20131600102.523.72$16,403
Jun 2013156094.403.93$14,726
May 20130094.834.15$0
Apr 2013174093.964.28$16,349
Mar 2013170093.623.91$15,915
Feb 2013162091.233.42$14,779
Jan 2013166091.603.42$15,206
Dec 2012321086.773.42$27,853
Nov 2012162086.953.62$14,086
Oct 2012171089.383.40$15,284
Sep 2012308094.672.92$29,158
Aug 2012145092.662.91$13,436
Jul 2012167085.133.02$14,217
Jun 2012326079.822.52$26,021
May 2012162091.612.49$14,841
Apr 20121760101.652.00$17,890
Mar 20123330105.052.22$34,982
Feb 20123350101.102.57$33,869
Jan 20120098.092.73$0
Dec 2011319096.873.24$30,902
Nov 2011169095.723.31$16,177
Oct 2011340084.983.65$28,893
Sep 2011167083.623.99$13,965
Aug 2011167083.404.15$13,928
Jul 2011333094.144.52$31,349
Jun 2011307092.904.64$28,520
May 20110098.134.40$0
Apr 20113020105.964.33$32,000
Mar 20111096.364.06$96
Feb 2011305085.644.18$26,120
Jan 2011168086.504.59$14,532
Dec 2010252085.734.35$21,604
Nov 2010166080.843.80$13,419
Oct 2010230078.103.51$17,963
Sep 2010166072.633.98$12,057
Aug 2010326073.684.42$24,020
Jul 2010164072.554.74$11,898
Jun 2010330070.364.91$23,219
May 2010167071.124.24$11,877
Apr 2010171081.694.12$13,969
Mar 2010340078.394.39$26,653
Feb 2010169073.585.44$12,435
Jan 2010279074.365.96$20,746
Dec 2009142071.445.48$10,144
Nov 2009285074.593.75$21,258
Oct 2009156072.544.11$11,316
Sep 2009252065.543.06$16,516
Aug 2009264067.423.22$17,799
Jul 2009332061.133.46$20,295
Jun 2009164066.163.90$10,850
May 2009281054.743.93$15,382
Apr 2009157046.773.59$7,343
Mar 2009169042.144.06$7,122
Feb 2009306032.814.63$10,040
Jan 2009172035.865.37$6,168
Dec 2008158037.105.98$5,862
Nov 2008278055.496.86$15,426
Oct 2008334075.246.92$25,130
Sep 20081670101.767.88$16,994
Aug 20081580114.228.48$18,047
Jul 20083160131.0811.39$41,421
Jun 20082130131.3313.03$27,973
May 20081690123.1711.57$20,816
Apr 20083360110.3110.45$37,064
Mar 20083340101.909.66$34,035
Feb 20084092.538.77$370
Jan 2008331090.388.21$29,916
Dec 2007173088.337.30$15,281
Nov 2007337091.677.29$30,893
Oct 2007149082.856.92$12,345
Sep 2007265075.846.24$20,098
Aug 2007333069.066.39$22,997
Jul 2007166070.906.39$11,769
Jun 2007310062.007.55$19,220
May 2007173058.747.85$10,162
Apr 2007332059.617.81$19,791
Mar 2007169056.927.30$9,619
Feb 2007170055.108.22$9,367
Jan 2007324050.306.73$16,297
Dec 2006292056.656.92$16,542
Nov 2006168054.207.62$9,106
Oct 2006380054.906.01$20,862
Sep 2006332060.085.04$19,947
Aug 20060068.717.34$0
Jul 2006305069.376.34$21,158
Jun 2006165066.286.38$10,936
May 2006312066.016.42$20,595
Apr 2006334064.397.36$21,506
Mar 2006169056.707.08$9,582
Feb 2006332057.597.75$19,120
Jan 2006311060.598.93$18,843
Dec 20050054.9413.42$0
Nov 2005302054.6910.59$16,516
Oct 2005169058.3413.80$9,859
Sep 2005338061.4512.08$20,770
Aug 2005488061.519.80$30,017
Jul 20055055.697.84$278
Jun 2005308052.337.38$16,118
May 2005308045.226.65$13,928
Apr 2005310049.207.36$15,252
Mar 2005311050.377.15$15,665
Feb 20050045.226.31$0
Jan 2005305043.166.32$13,164
Dec 2004176039.866.75$7,015
Nov 2004170045.286.33$7,698
Oct 2004175049.706.52$8,698
Sep 2004307043.245.28$13,275
Aug 2004345042.375.55$14,618
Jul 2004169038.286.08$6,469
Jun 2004168036.106.43$6,065
May 2004339037.486.49$12,706
Apr 2004170034.475.86$5,860
Mar 2004340034.365.53$11,682
Feb 2004159032.455.51$5,160
Jan 2004300032.036.30$9,609
Dec 2003172030.266.30$5,205
Nov 2003302028.804.60$8,698
Oct 2003180028.174.76$5,071
Sep 2003493026.314.75$12,971
Aug 2003165029.765.13$4,910
Jul 2003125029.415.17$3,676
Jun 2003291028.565.98$8,311
May 2003283026.595.97$7,525
Apr 2003277026.675.41$7,388
Mar 2003331031.146.10$10,307
Feb 2003123033.487.93$4,118
Jan 2003402030.315.58$12,185
Dec 2002241026.914.85$6,485
Nov 2002254024.664.14$6,264
Oct 2002320026.464.23$8,467
Sep 2002177027.443.64$4,857
Aug 2002438025.963.16$11,370
Jul 2002178024.583.06$4,375
Jun 2002174023.733.34$4,129
May 2002318024.663.58$7,842
Apr 2002325023.653.51$7,686
Mar 2002167022.003.10$3,674
Feb 2002265018.222.38$4,828
Jan 2002335017.172.38$5,752
Dec 2001120016.932.36$2,032
Nov 2001166018.072.41$3,000
Oct 2001282019.782.53$5,578
Sep 2001304024.262.25$7,375
Aug 2001230024.873.05$5,720
Jul 2001299023.933.20$7,155
Jun 2001342024.563.82$8,400
May 2001301025.524.31$7,682
Apr 2001314024.685.34$7,750
Mar 2001177024.545.38$4,344
Feb 2001281027.755.77$7,798
Jan 2001517027.478.40$14,202
Dec 2000121026.889.12$3,252
Nov 2000250032.215.66$8,053
Oct 2000317031.235.15$9,900
Sep 2000332031.875.19$10,581
Aug 2000353029.644.54$10,463
Jul 2000177028.534.09$5,050
Jun 2000436029.304.40$12,775
May 2000184027.263.68$5,016
Apr 2000309024.513.12$7,574
Mar 2000380028.422.86$10,800
Feb 2000286027.622.73$7,899
Jan 2000282025.272.48$7,126
Dec 1999344024.282.42$8,352
Nov 1999362023.192.43$8,395
Oct 1999296020.982.80$6,210
Sep 1999437021.752.62$9,505
Aug 1999174019.262.88$3,351
Jul 1999496017.892.37$8,873
Jun 1999344015.942.36$5,483
May 1999351015.792.32$5,542
Apr 1999354015.102.21$5,345
Mar 1999356012.471.84$4,439
Feb 199936509.981.82$3,643
Jan 1999342010.381.90$3,550
Dec 199832809.201.77$3,018
Nov 1998350010.892.19$3,812
Oct 1998354012.421.97$4,397
Sep 1998326012.592.08$4,104
Aug 1998177011.301.91$2,000
Jul 1998355011.742.24$4,168
Jun 1998509011.242.24$5,721
May 1998356012.622.21$4,493
Apr 1998188013.042.51$2,452
Mar 1998470012.802.31$6,016
Feb 1998348013.952.30$4,855
Jan 1998343014.702.15$5,042
Dec 1997341016.322.41$5,565
Nov 1997352018.193.09$6,403
Oct 1997182019.253.15$3,504
Sep 1997493017.742.95$8,746
Aug 1997338017.862.55$6,037
Jul 1997344017.582.25$6,048
Jun 1997496017.242.26$8,551
May 1997315018.972.31$5,976
Apr 1997319017.882.08$5,704
Mar 1997316018.951.94$5,988
Feb 1997323020.492.21$6,618
Jan 1997629023.483.54$14,769
Dec 1996314023.32$7,322
Nov 1996319021.97$7,008
Oct 1996307023.31$7,156
Sep 1996309022.22$6,866
Aug 1996941020.26$19,065
Jul 19964019.55$78
Jun 1996313018.73$5,862
May 1996623019.43$12,105
Apr 1996313021.51$6,733
Mar 1996317019.38$6,143
Feb 1996311016.98$5,281
Jan 1996616017.07$10,515
Dec 1995296017.19$5,088
Nov 1995622016.00$9,952
Oct 1995310015.43$4,783
Sep 1995313016.18$5,064
Aug 1995617015.92$9,823
Jul 1995308115.24$4,694
Jun 1995312116.41$5,120
May 1995611117.56$10,729
Apr 1995625117.73$11,081
Mar 1995613116.44$10,078
Feb 1995314116.58$5,206
Jan 1995314115.92$4,999
Dec 1994624115.03$9,379
Nov 1994315115.90$5,009
Oct 1994619115.58$9,644
Sep 1994613115.29$9,373
Aug 1994617116.13$9,952
Jul 1994304117.56$5,338
Jun 1994615117.09$10,510
May 1994618115.88$9,814
Apr 1994623114.14$8,809
Mar 1994622112.46$7,750
Feb 1994631112.50$7,888
Jan 1994622112.66$7,875
Dec 1993591112.33$7,287
Nov 1993592114.49$8,578
Oct 1993864115.85$13,694
Sep 1993591115.03$8,883
Aug 1993618115.66$9,678
Jul 1993605115.46$9,353
Jun 1993614116.79$10,309
May 1993607117.68$10,732
Apr 1993612118.05$11,047
Mar 1993910118.14$16,507
Feb 1993627117.90$11,223
Jan 1993619116.93$10,480

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                  184 bbl  × $106.41 =    $19,579
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,579

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/14797 is the state's own key, not one this site invented.