STATE UNIVERSITY -BJ-

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

Operated by SANDRIDGE EXPL. AND PROD., LLC (P-5 748011) 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 14829District 08Field 21289001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$978 k

Jan 1993 – Apr 2015

Value, last 12 filed months

at the published price for each month

Months reported

268

no gaps in the span

Streams

oil, casinghead gas

The COWDEN, NORTH 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 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.

Stream	Basis	Volume	Value
Oil	Disposition	27,534 bbl	$977,868
Casinghead gas	Production	20 Mcf	$0
Total			$977,868

20 Mcf of this lease's gas, across 20 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 (6)

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 32.1312, -102.5749. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.13039, -102.57647 · 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%

6 of 6 wells

With a plug date

100.0%

6 of 6 wells

Median depth

4,759 ft

6 wells filed one

Completion to plug

21.0 years

median over 6 wells

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

6100.0%

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

6100.0%

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 4,675 and 11,170 ft, median 4,759 ft, over the 6 wells that filed a depth.

Completions filed

Jan 1960 – Jun 2002

6 of 6 wells

Plug dates filed

Mar 1996 – Jun 2014

6 of 6 wells

Last completion to plug: a median of 21.0 years across the 6 wells that filed both dates, with the middle half between 13.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells


42-00302540	1	11,170 ft	Jun 2002	Jun 2014	Yes
42-00338171	7	5,414 ft	Jul 1997	May 2014	Yes
42-00336824	6	4,800 ft	Nov 1990	Mar 1996	Yes
42-00302881	3	4,717 ft	Apr 1989	Jun 2014	Yes
42-00335971	5	4,700 ft	Aug 1988	Jan 2014	Yes
42-00302899	4	4,675 ft	Jan 1960	Mar 1996	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 (268)

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

268 months


Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	11	0	93.62	3.91	$1,030
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	42	0	92.66	2.91	$3,892
Jul 2012	58	0	85.13	3.02	$4,938
Jun 2012	46	0	79.82	2.52	$3,672
May 2012	29	0	91.61	2.49	$2,657
Apr 2012	65	0	101.65	2.00	$6,607
Mar 2012	32	0	105.05	2.22	$3,362
Feb 2012	71	0	101.10	2.57	$7,178
Jan 2012	72	0	98.09	2.73	$7,062
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	33	0	84.98	3.65	$2,804
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	96	0	83.40	4.15	$8,006
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	85	0	92.90	4.64	$7,897
May 2011	0	0	98.13	4.40	$0
Apr 2011	185	0	105.96	4.33	$19,603
Mar 2011	79	0	96.36	4.06	$7,612
Feb 2011	150	0	85.64	4.18	$12,846
Jan 2011	76	0	86.50	4.59	$6,574
Dec 2010	221	0	85.73	4.35	$18,946
Nov 2010	87	0	80.84	3.80	$7,033
Oct 2010	128	0	78.10	3.51	$9,997
Sep 2010	87	0	72.63	3.98	$6,319
Aug 2010	74	0	73.68	4.42	$5,452
Jul 2010	144	0	72.55	4.74	$10,447
Jun 2010	47	0	70.36	4.91	$3,307
May 2010	75	0	71.12	4.24	$5,334
Apr 2010	106	0	81.69	4.12	$8,659
Mar 2010	108	0	78.39	4.39	$8,466
Feb 2010	72	0	73.58	5.44	$5,298
Jan 2010	74	0	74.36	5.96	$5,503
Dec 2009	37	0	71.44	5.48	$2,643
Nov 2009	74	0	74.59	3.75	$5,520
Oct 2009	110	0	72.54	4.11	$7,979
Sep 2009	73	0	65.54	3.06	$4,784
Aug 2009	71	0	67.42	3.22	$4,787
Jul 2009	70	0	61.13	3.46	$4,279
Jun 2009	109	0	66.16	3.90	$7,211
May 2009	106	0	54.74	3.93	$5,802
Apr 2009	109	0	46.77	3.59	$5,098
Mar 2009	96	0	42.14	4.06	$4,045
Feb 2009	69	0	32.81	4.63	$2,264
Jan 2009	98	0	35.86	5.37	$3,514
Dec 2008	66	0	37.10	5.98	$2,449
Nov 2008	67	0	55.49	6.86	$3,718
Oct 2008	66	0	75.24	6.92	$4,966
Sep 2008	97	0	101.76	7.88	$9,871
Aug 2008	100	0	114.22	8.48	$11,422
Jul 2008	101	0	131.08	11.39	$13,239
Jun 2008	68	0	131.33	13.03	$8,930
May 2008	101	0	123.17	11.57	$12,440
Apr 2008	101	0	110.31	10.45	$11,141
Mar 2008	101	0	101.90	9.66	$10,292
Feb 2008	68	0	92.53	8.77	$6,292
Jan 2008	68	0	90.38	8.21	$6,146
Dec 2007	34	0	88.33	7.30	$3,003
Nov 2007	61	0	91.67	7.29	$5,592
Oct 2007	103	0	82.85	6.92	$8,534
Sep 2007	102	0	75.84	6.24	$7,736
Aug 2007	68	0	69.06	6.39	$4,696
Jul 2007	101	0	70.90	6.39	$7,161
Jun 2007	101	0	62.00	7.55	$6,262
May 2007	100	0	58.74	7.85	$5,874
Apr 2007	66	0	59.61	7.81	$3,934
Mar 2007	122	0	56.92	7.30	$6,944
Feb 2007	69	0	55.10	8.22	$3,802
Jan 2007	100	0	50.30	6.73	$5,030
Dec 2006	34	0	56.65	6.92	$1,926
Nov 2006	101	0	54.20	7.62	$5,474
Oct 2006	103	0	54.90	6.01	$5,655
Sep 2006	95	0	60.08	5.04	$5,708
Aug 2006	103	0	68.71	7.34	$7,077
Jul 2006	102	0	69.37	6.34	$7,076
Jun 2006	68	0	66.28	6.38	$4,507
May 2006	101	0	66.01	6.42	$6,667
Apr 2006	101	0	64.39	7.36	$6,503
Mar 2006	102	0	56.70	7.08	$5,783
Feb 2006	68	0	57.59	7.75	$3,916
Jan 2006	101	0	60.59	8.93	$6,120
Dec 2005	68	0	54.94	13.42	$3,736
Nov 2005	91	0	54.69	10.59	$4,977
Oct 2005	101	0	58.34	13.80	$5,892
Sep 2005	135	0	61.45	12.08	$8,296
Aug 2005	102	0	61.51	9.80	$6,274
Jul 2005	69	0	55.69	7.84	$3,843
Jun 2005	99	0	52.33	7.38	$5,181
May 2005	100	0	45.22	6.65	$4,522
Apr 2005	90	0	49.20	7.36	$4,428
Mar 2005	102	0	50.37	7.15	$5,138
Feb 2005	99	0	45.22	6.31	$4,477
Jan 2005	103	0	43.16	6.32	$4,445
Dec 2004	136	0	39.86	6.75	$5,421
Nov 2004	43	0	45.28	6.33	$1,947
Oct 2004	101	0	49.70	6.52	$5,020
Sep 2004	134	0	43.24	5.28	$5,794
Aug 2004	131	0	42.37	5.55	$5,550
Jul 2004	114	0	38.28	6.08	$4,364
Jun 2004	110	0	36.10	6.43	$3,971
May 2004	112	0	37.48	6.49	$4,198
Apr 2004	149	0	34.47	5.86	$5,136
Mar 2004	110	0	34.36	5.53	$3,780
Feb 2004	110	0	32.45	5.51	$3,570
Jan 2004	138	0	32.03	6.30	$4,420
Dec 2003	61	0	30.26	6.30	$1,846
Nov 2003	71	0	28.80	4.60	$2,045
Oct 2003	105	0	28.17	4.76	$2,958
Sep 2003	117	0	26.31	4.75	$3,078
Aug 2003	96	0	29.76	5.13	$2,857
Jul 2003	124	0	29.41	5.17	$3,647
Jun 2003	165	0	28.56	5.98	$4,712
May 2003	117	0	26.59	5.97	$3,111
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	71	0	31.14	6.10	$2,211
Feb 2003	144	0	33.48	7.93	$4,821
Jan 2003	72	0	30.31	5.58	$2,182
Dec 2002	134	0	26.91	4.85	$3,606
Nov 2002	146	0	24.66	4.14	$3,600
Oct 2002	140	0	26.46	4.23	$3,704
Sep 2002	210	0	27.44	3.64	$5,762
Aug 2002	205	0	25.96	3.16	$5,322
Jul 2002	215	0	24.58	3.06	$5,285
Jun 2002	213	0	23.73	3.34	$5,054
May 2002	214	0	24.66	3.58	$5,277
Apr 2002	180	0	23.65	3.51	$4,257
Mar 2002	186	0	22.00	3.10	$4,092
Feb 2002	177	0	18.22	2.38	$3,225
Jan 2002	183	0	17.17	2.38	$3,142
Dec 2001	337	0	16.93	2.36	$5,705
Nov 2001	178	0	18.07	2.41	$3,216
Oct 2001	355	0	19.78	2.53	$7,022
Sep 2001	185	0	24.26	2.25	$4,488
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	176	0	23.93	3.20	$4,212
Jun 2001	177	0	24.56	3.82	$4,347
May 2001	0	0	25.52	4.31	$0
Apr 2001	177	0	24.68	5.34	$4,368
Mar 2001	159	0	24.54	5.38	$3,902
Feb 2001	186	0	27.75	5.77	$5,162
Jan 2001	164	0	27.47	8.40	$4,505
Dec 2000	184	0	26.88	9.12	$4,946
Nov 2000	90	0	32.21	5.66	$2,899
Oct 2000	247	0	31.23	5.15	$7,714
Sep 2000	120	0	31.87	5.19	$3,824
Aug 2000	107	0	29.64	4.54	$3,171
Jul 2000	102	0	28.53	4.09	$2,910
Jun 2000	327	0	29.30	4.40	$9,581
May 2000	131	0	27.26	3.68	$3,571
Apr 2000	181	0	24.51	3.12	$4,436
Mar 2000	125	0	28.42	2.86	$3,553
Feb 2000	78	0	27.62	2.73	$2,154
Jan 2000	192	0	25.27	2.48	$4,852
Dec 1999	165	0	24.28	2.42	$4,006
Nov 1999	124	0	23.19	2.43	$2,876
Oct 1999	164	0	20.98	2.80	$3,441
Sep 1999	115	0	21.75	2.62	$2,501
Aug 1999	242	0	19.26	2.88	$4,661
Jul 1999	118	0	17.89	2.37	$2,111
Jun 1999	121	0	15.94	2.36	$1,929
May 1999	108	0	15.79	2.32	$1,705
Apr 1999	123	0	15.10	2.21	$1,857
Mar 1999	62	0	12.47	1.84	$773
Feb 1999	96	0	9.98	1.82	$958
Jan 1999	100	0	10.38	1.90	$1,038
Dec 1998	273	0	9.20	1.77	$2,512
Nov 1998	120	0	10.89	2.19	$1,307
Oct 1998	274	0	12.42	1.97	$3,403
Sep 1998	113	0	12.59	2.08	$1,423
Aug 1998	125	0	11.30	1.91	$1,413
Jul 1998	243	0	11.74	2.24	$2,853
Jun 1998	279	0	11.24	2.24	$3,136
May 1998	309	0	12.62	2.21	$3,900
Apr 1998	124	0	13.04	2.51	$1,617
Mar 1998	296	0	12.80	2.31	$3,789
Feb 1998	120	0	13.95	2.30	$1,674
Jan 1998	303	0	14.70	2.15	$4,454
Dec 1997	299	0	16.32	2.41	$4,880
Nov 1997	300	0	18.19	3.09	$5,457
Oct 1997	321	0	19.25	3.15	$6,179
Sep 1997	284	0	17.74	2.95	$5,038
Aug 1997	281	0	17.86	2.55	$5,019
Jul 1997	281	0	17.58	2.25	$4,940
Jun 1997	111	0	17.24	2.26	$1,914
May 1997	288	0	18.97	2.31	$5,463
Apr 1997	74	0	17.88	2.08	$1,323
Mar 1997	91	0	18.95	1.94	$1,724
Feb 1997	84	0	20.49	2.21	$1,721
Jan 1997	76	0	23.48	3.54	$1,784
Dec 1996	0	0	23.32	—	$0
Nov 1996	86	0	21.97	—	$1,889
Oct 1996	84	0	23.31	—	$1,958
Sep 1996	85	0	22.22	—	$1,889
Aug 1996	94	0	20.26	—	$1,904
Jul 1996	181	0	19.55	—	$3,539
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	166	0	21.51	—	$3,571
Mar 1996	506	0	19.38	—	$9,806
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	117	0	15.92	—	$1,863
Jul 1995	134	0	15.24	—	$2,042
Jun 1995	172	0	16.41	—	$2,823
May 1995	0	0	17.56	—	$0
Apr 1995	152	0	17.73	—	$2,695
Mar 1995	188	0	16.44	—	$3,091
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	167	0	15.03	—	$2,510
Nov 1994	161	0	15.90	—	$2,560
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	202	1	16.13	—	$3,258
Jul 1994	0	1	17.56	—	$0
Jun 1994	206	1	17.09	—	$3,521
May 1994	161	1	15.88	—	$2,557
Apr 1994	0	1	14.14	—	$0
Mar 1994	163	1	12.46	—	$2,031
Feb 1994	0	1	12.50	—	$0
Jan 1994	158	1	12.66	—	$2,000
Dec 1993	155	1	12.33	—	$1,911
Nov 1993	0	1	14.49	—	$0
Oct 1993	155	1	15.85	—	$2,457
Sep 1993	148	1	15.03	—	$2,224
Aug 1993	155	1	15.66	—	$2,427
Jul 1993	0	1	15.46	—	$0
Jun 1993	160	1	16.79	—	$2,686
May 1993	157	1	17.68	—	$2,776
Apr 1993	0	1	18.05	—	$0
Mar 1993	141	1	18.14	—	$2,558
Feb 1993	155	1	17.90	—	$2,775
Jan 1993	162	1	16.93	—	$2,743

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.

Mar 2013 — as filed, then multipliedworked

Oil                   11 bbl  × $ 93.62 =     $1,030
Casinghead gas         0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                   $1,030

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/14829 is the state's own key, not one this site invented.