UNIVERSITY -Y-

Operated by PITTS ENERGY CO. (P-5 666430) in the DUNE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15324District 08Field 26538001OilCasinghead gasSave
Value, all time
$9.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$310 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition170,853 bbl$9,094,143
Casinghead gasProduction50,731 Mcf$134,932
Total$9,229,076

19,517 Mcf of this lease's gas, across 47 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 (8)

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 31.5165, -102.4484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.51646, -102.44843 · 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
37.5%
3 of 8 wells
With a plug date
25.0%
2 of 8 wells
Median depth
3,395 ft
8 wells filed one
Completion to plug
49.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
337.5%
A plug date is filed
225.0%
BothOn the schedule and plugged. Neither fact cancels the other.
225.0%
NeitherNo plug date, and not on the schedule.
562.5%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 3,395 ft, with the middle half between 3,312 and 3,400 ft; the shallowest is 3,280 ft and the deepest 3,511 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

60s
70s

Last completion by decade, 8 of 8 wells, Sep 1960 – Jun 1975. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1960 – Jun 1975
8 of 8 wells
Plug dates filed
May 2001 – Jan 2019
2 of 8 wells; 6 filed none

Last completion to plug: a median of 49.5 years across the 2 wells that filed both dates, with the middle half between 45.1 years and 53.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-10331013103,400 ftJun 1975
42-1033101493,400 ftJun 1975
42-1033098083,395 ftOct 1974
42-1033097973,395 ftOct 1974
42-1030436243,290 ftSep 1960
42-1030435933,319 ftSep 1960May 2001Yes
42-1030436023,280 ftSep 1960Yes
42-1030436113,511 ftSep 1960Jan 2019Yes

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 20263690106.413.05$39,265
Apr 2026377098.932.87$37,297
Mar 2026393089.753.15$35,272
Feb 2026567063.503.75$36,005
Jan 2026201059.138.00$11,885
Dec 2025391056.664.41$22,154
Nov 2025387058.593.93$22,674
Oct 2025187059.383.30$11,104
Sep 2025365062.743.08$22,900
Aug 2025550063.933.01$35,162
Jul 2025185066.743.32$12,347
Jun 2025362066.483.13$24,066
May 2025386060.553.23$23,372
Apr 2025370062.363.54$23,073
Mar 2025381067.704.27$25,794
Feb 2025375070.884.34$26,580
Jan 2025367074.324.28$27,275
Dec 2024362068.993.12$24,974
Nov 2024364069.052.20$25,134
Oct 2024362071.372.28$25,836
Sep 2024364069.612.36$25,338
Aug 2024360075.632.06$27,227
Jul 2024359079.932.15$28,695
Jun 2024364078.082.63$28,421
May 2024188078.812.20$14,816
Apr 2024368084.451.66$31,078
Mar 2024337080.301.55$27,061
Feb 2024336076.091.78$25,566
Jan 2024520073.023.30$37,970
Dec 2023367071.262.61$26,152
Nov 2023342077.892.81$26,638
Oct 2023345085.443.09$29,477
Sep 2023358089.042.74$31,876
Aug 2023357080.522.67$28,746
Jul 2023329074.852.64$24,626
Jun 2023503068.962.26$34,687
May 2023177070.622.23$12,500
Apr 2023343078.122.24$26,795
Mar 2023180072.852.39$13,113
Feb 2023336075.112.47$25,237
Jan 2023363076.533.39$27,780
Dec 2022333076.415.73$25,445
Nov 2022176085.005.65$14,960
Oct 2022340087.185.86$29,641
Sep 2022159084.888.16$13,496
Aug 2022355094.529.13$33,555
Jul 20223400101.587.54$34,537
Jun 20221730115.097.98$19,911
May 20223410109.378.43$37,295
Apr 20223190104.226.84$33,246
Mar 20223350108.885.08$36,475
Feb 2022347091.054.86$31,594
Jan 2022170081.844.54$13,913
Dec 2021329071.323.90$23,464
Nov 2021342077.435.24$26,481
Oct 2021354079.795.71$28,246
Sep 2021165069.865.35$11,527
Aug 2021333066.024.22$21,985
Jul 2021334070.783.98$23,641
Jun 2021333069.493.38$23,140
May 2021331063.483.02$21,012
Apr 2021326060.362.76$19,677
Mar 2021323061.302.72$19,800
Feb 2021333057.805.55$19,247
Jan 2021488050.412.81$24,600
Dec 2020246044.642.68$10,981
Nov 2020323038.772.71$12,523
Oct 2020324036.972.48$11,978
Sep 2020506037.091.99$18,768
Aug 2020167039.982.39$6,677
Jul 2020427038.371.83$16,384
Jun 2020661034.901.69$23,069
May 20200016.921.81$0
Apr 2020491014.751.80$7,242
Mar 2020340030.341.86$10,316
Feb 2020333049.881.98$16,610
Jan 2020493057.252.09$28,224
Dec 2019495059.012.30$29,210
Nov 2019325055.302.75$17,973
Oct 2019327053.472.42$17,485
Sep 2019489055.052.66$26,919
Aug 2019473053.112.30$25,121
Jul 2019316056.272.46$17,781
Jun 2019478052.782.49$25,229
May 2019482058.482.74$28,187
Apr 2019354262.632.75$22,177
Mar 20195502956.803.06$31,329
Feb 20193473650.852.79$17,745
Jan 20193493746.033.23$16,184
Dec 20183415046.594.19$16,096
Nov 20185421352.934.24$28,743
Oct 20183541661.443.40$21,804
Sep 20183641359.543.11$21,713
Aug 20185332359.403.07$31,731
Jul 20183342265.142.93$21,821
Jun 20185022260.183.08$30,278
May 20185163265.382.90$33,829
Apr 20181593663.842.90$10,255
Mar 20183321761.222.79$20,372
Feb 20185033661.782.77$31,175
Jan 20185064562.874.01$31,993
Dec 20174451057.272.92$25,514
Nov 2017344455.423.12$19,077
Oct 20173462549.292.98$17,129
Sep 20173342947.523.09$15,961
Aug 20173352745.373.00$15,280
Jul 20173333543.873.09$14,717
Jun 20173444542.493.09$14,755
May 20175085645.373.26$23,231
Apr 20173455647.933.21$16,716
Mar 20176856146.772.98$32,219
Feb 20174315550.452.95$21,906
Jan 20174321749.413.42$21,403
Dec 20163466148.763.72$17,098
Nov 20165055642.492.64$21,606
Oct 20164995946.193.09$23,231
Sep 20163315041.553.10$13,908
Aug 20163316341.442.92$13,901
Jul 20164937041.622.92$20,723
Jun 20164886245.352.69$22,297
May 20165067342.521.99$21,660
Apr 20164928336.561.99$18,153
Mar 20163365733.011.79$11,194
Feb 20165254226.472.06$13,983
Jan 20165166927.352.36$14,276
Dec 20155098632.362.00$16,643
Nov 20153335538.792.17$13,036
Oct 20154864243.552.43$21,267
Sep 20153506242.992.76$15,218
Aug 20156797640.162.87$27,487
Jul 20153457248.152.95$16,824
Jun 20154136056.152.88$23,363
May 20155286955.212.96$29,355
Apr 20155487749.822.71$27,510
Mar 20156147642.892.93$26,558
Feb 20153386444.662.98$15,286
Jan 20155347143.433.10$23,412
Dec 20143777954.693.59$20,902
Nov 20146337570.464.25$44,920
Oct 20145318278.303.90$41,897
Sep 20143439086.164.05$29,917
Aug 20147599589.394.04$68,230
Jul 20143477896.564.18$33,832
Jun 20144186798.164.74$41,348
May 20143065394.734.73$29,238
Apr 20145633795.944.81$54,192
Mar 20143584295.895.06$34,541
Feb 20143362497.406.19$32,875
Jan 20143652490.404.86$33,113
Dec 20133074991.824.35$28,402
Nov 20133576588.853.74$31,962
Oct 20134197497.423.78$41,099
Sep 201355363104.113.72$57,807
Aug 201348620104.253.52$50,736
Jul 201354698102.523.72$56,340
Jun 20134298894.403.93$40,844
May 20136906094.834.15$65,682
Apr 20136107393.964.28$57,628
Mar 20136178593.623.91$58,096
Feb 20136114991.233.42$55,909
Jan 20136116991.603.42$56,204
Dec 20125925286.773.42$51,546
Nov 20125176586.953.62$45,189
Oct 20126117789.383.40$54,873
Sep 20126149294.672.92$58,396
Aug 20129499592.662.91$88,211
Jul 201237015885.133.02$31,975
Jun 201231511579.822.52$25,433
May 201236417491.612.49$33,779
Apr 2012343132101.652.00$35,130
Mar 2012447146105.052.22$47,282
Feb 2012350130101.102.57$35,719
Jan 201239913098.092.73$39,493
Dec 20114571696.873.24$44,321
Nov 201140613595.723.31$39,309
Oct 2011277284.983.65$23,547
Sep 2011398083.623.99$33,281
Aug 20114979283.404.15$41,832
Jul 2011337094.144.52$31,725
Jun 2011344092.904.64$31,958
May 20113849298.134.40$38,087
Apr 201150217105.964.33$53,266
Mar 20113861596.364.06$37,256
Feb 20112751985.644.18$23,630
Jan 201140410786.504.59$35,437
Dec 201070613085.734.35$61,091
Nov 201079919680.843.80$65,335
Oct 20106754478.103.51$52,872
Sep 201067310372.633.98$49,290
Aug 20106119973.684.42$45,456
Jul 201070911672.554.74$51,987
Jun 201004470.364.91$216
May 20107148271.124.24$51,127
Apr 201072113981.694.12$59,472
Mar 201081213678.394.39$64,250
Feb 20108128473.585.44$60,204
Jan 20106038274.365.96$45,328
Dec 20098227171.445.48$59,113
Nov 200970512674.593.75$53,059
Oct 200970013472.544.11$51,329
Sep 20097029965.543.06$46,312
Aug 200969110867.423.22$46,935
Jul 200959811061.133.46$36,937
Jun 20096862766.163.90$45,491
May 2009796054.743.93$43,573
Apr 20095891046.773.59$27,583
Mar 20097971342.144.06$33,638
Feb 20097011132.814.63$23,051
Jan 20091,0011435.865.37$35,971
Dec 20088981337.105.98$33,394
Nov 20085976655.496.86$33,580
Oct 200891314275.246.92$69,677
Sep 2008695111101.767.88$71,598
Aug 2008771166114.228.48$89,472
Jul 2008589163131.0811.39$79,063
Jun 2008886128131.3313.03$118,027
May 2008590139123.1711.57$74,279
Apr 2008888130110.3110.45$99,314
Mar 200859983101.909.66$61,840
Feb 200868910092.538.77$64,630
Jan 200870311490.388.21$64,473
Dec 200738710088.337.30$34,914
Nov 200745812991.677.29$42,925
Oct 200740513782.856.92$34,503
Sep 200733912375.846.24$26,478
Aug 200744313969.066.39$31,482
Jul 200740114470.906.39$29,351
Jun 200745913562.007.55$29,477
May 200739412458.747.85$24,117
Apr 20075159559.617.81$31,441
Mar 200723210856.927.30$13,994
Feb 200746310655.108.22$26,382
Jan 2007285950.306.73$14,396
Dec 20065218756.656.92$30,117
Nov 20063457854.207.62$19,293
Oct 200640115554.906.01$22,947
Sep 20064566660.085.04$27,729
Aug 2006281068.717.34$19,308
Jul 20063799769.376.34$26,906
Jun 20063967566.286.38$26,726
May 20063957666.016.42$26,562
Apr 200629014964.397.36$19,770
Mar 200635312756.707.08$20,915
Feb 200635911157.597.75$21,535
Jan 200634711760.598.93$22,070
Dec 2005333054.9413.42$18,295
Nov 20052855054.6910.59$16,116
Oct 200534430558.3413.80$24,277
Sep 20052883961.4512.08$18,169
Aug 200533313961.519.80$21,845
Jul 200528014355.697.84$16,715
Jun 200528415252.337.38$15,984
May 200522117245.226.65$11,138
Apr 200534117249.207.36$18,043
Mar 200534416250.377.15$18,486
Feb 200529115445.226.31$14,131
Jan 200539417143.166.32$18,086
Dec 200433117239.866.75$14,355
Nov 20042847245.286.33$13,315
Oct 20042836649.706.52$14,495
Sep 20042966043.245.28$13,116
Aug 20042856242.375.55$12,420
Jul 20042279738.286.08$9,280
Jun 200427816236.106.43$11,078
May 200428613937.486.49$11,622
Apr 200422611734.475.86$8,476
Mar 20042283434.365.53$8,022
Feb 20042778732.455.51$9,468
Jan 200428115732.036.30$9,989
Dec 200328014730.266.30$9,399
Nov 200322812928.804.60$7,159
Oct 20032872828.174.76$8,218
Sep 200328712026.314.75$8,121
Aug 200334010729.765.13$10,667
Jul 20032287529.415.17$7,093
Jun 20032709428.565.98$8,274
May 200338314326.595.97$11,038
Apr 200323213526.675.41$6,917
Mar 20033448731.146.10$11,243
Feb 200322910033.487.93$8,460
Jan 20032935330.315.58$9,177
Dec 200233612626.914.85$9,653
Nov 200240422724.664.14$10,902
Oct 200228624926.464.23$8,621
Sep 200234815527.443.64$10,113
Aug 200223010525.963.16$6,303
Jul 200240125324.583.06$10,631
Jun 200228921623.733.34$7,579
May 200237617224.663.58$9,889
Apr 200238028223.653.51$9,977
Mar 200233438222.003.10$8,533
Feb 2002272018.222.38$4,956
Jan 2002385217.172.38$6,615
Dec 200139736516.932.36$7,584
Nov 200133551318.072.41$7,287
Oct 200139247619.782.53$8,958
Sep 200133614224.262.25$8,471
Aug 2001340924.873.05$8,483
Jul 2001392023.933.20$9,381
Jun 20012714424.563.82$6,824
May 20013859025.524.31$10,213
Apr 200133629024.685.34$9,840
Mar 200144827424.545.38$12,467
Feb 200140646627.755.77$13,954
Jan 200139327227.478.40$13,080
Dec 200047321626.889.12$14,685
Nov 200047326432.215.66$16,729
Oct 200059333231.235.15$20,228
Sep 200039819131.875.19$13,675
Aug 20004043229.644.54$12,120
Jul 2000410028.534.09$11,697
Jun 2000402029.304.40$11,779
May 20003246227.263.68$9,060
Apr 20004117024.513.12$10,292
Mar 200040319028.422.86$11,997
Feb 200039225527.622.73$11,522
Jan 200039421325.272.48$10,485
Dec 199952719424.282.42$13,266
Nov 199939627823.192.43$9,860
Oct 199945325020.982.80$10,205
Sep 199952833021.752.62$12,348
Aug 199947329719.262.88$9,964
Jul 199945331617.892.37$8,854
Jun 199939816415.942.36$6,732
May 199954015815.792.32$8,893
Apr 199939820615.102.21$6,465
Mar 199946230612.471.84$6,324
Feb 19995322849.981.82$5,826
Jan 199932429910.381.90$3,931
Dec 19984293149.201.77$4,504
Nov 199832233910.892.19$4,248
Oct 199837936212.421.97$5,420
Sep 199838119512.592.08$5,203
Aug 199842432511.301.91$5,411
Jul 199842416911.742.24$5,356
Jun 19983133311.242.24$3,592
May 19984773712.622.21$6,101
Apr 199846410513.042.51$6,314
Mar 199883749112.802.31$11,848
Feb 199841814513.952.30$6,164
Jan 199843321614.702.15$6,831
Dec 199745725616.322.41$8,075
Nov 199743132018.193.09$8,828
Oct 19974534819.253.15$8,871
Sep 19975632917.742.95$10,073
Aug 19979574817.862.55$17,215
Jul 199745124117.582.25$8,470
Jun 199757323517.242.26$10,409
May 199765025818.972.31$12,926
Apr 199763127817.882.08$11,861
Mar 199762524918.951.94$12,327
Feb 199769438820.492.21$15,076
Jan 199759739023.483.54$15,398
Dec 199669645323.32$16,231
Nov 199660835621.97$13,358
Oct 199662934323.31$14,662
Sep 199677031922.22$17,109
Aug 199656233120.26$11,386
Jul 199670636019.55$13,802
Jun 199659826418.73$11,201
May 199668930319.43$13,387
Apr 199667533121.51$14,519
Mar 19966863019.38$13,295
Feb 1996572216.98$9,713
Jan 19966891917.07$11,761
Dec 1995674017.19$11,586
Nov 1995581116.00$9,296
Oct 19955251915.43$8,101
Sep 19955102016.18$8,252
Aug 19955701815.92$9,074
Jul 19954301315.24$6,553
Jun 19955681216.41$9,321
May 19953461417.56$6,076
Apr 199543230617.73$7,659
Mar 199539127316.44$6,428
Feb 199529925716.58$4,957
Jan 199528642115.92$4,553
Dec 199426931315.03$4,043
Nov 19948916515.90$1,415
Oct 19941531515.58$2,384
Sep 199415024615.29$2,294
Aug 199418333616.13$2,952
Jul 199421118117.56$3,705
Jun 19943862617.09$6,597
May 199462142415.88$9,861
Apr 199436380414.14$5,133
Mar 199443885712.46$5,457
Feb 199445378712.50$5,663
Jan 199428974912.66$3,659
Dec 199327762212.33$3,415
Nov 199329366414.49$4,246
Oct 199329977115.85$4,739
Sep 199318282615.03$2,735
Aug 199325886015.66$4,040
Jul 199324291715.46$3,741
Jun 199318786416.79$3,140
May 199324877417.68$4,385
Apr 199322097018.05$3,971
Mar 19931121,03818.14$2,032
Feb 199318599217.90$3,312
Jan 199347685116.93$8,059

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                  369 bbl  × $106.41 =    $39,265
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $39,265

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/15324 is the state's own key, not one this site invented.