UNIVERSITY -41-

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the FULLERTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15751District 08Field 33230001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$610 k
Jan 1993 – Oct 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
262
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 165 leases and 2,135 wells, and the rule below applies to all of them.

Discovered
1941-12-23
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2010-06-09.

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: BLANCO-FULLERTON D WELLS 13 D, 15D, 16D & 17D. 08/3/21

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
OilDisposition19,302 bbl$610,390
Casinghead gasProduction21 Mcf$0
Total$610,390

21 Mcf of this lease's gas, across 21 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 (2)

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 32.3351, -102.7673. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.33510, -102.76725 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,100 ft
2 wells filed one
Completion to plug
33.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 7,100 and 7,100 ft, median 7,100 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1961 – Nov 1991
2 of 2 wells
Plug dates filed
Feb 2007 – Aug 2013
2 of 2 wells

Last completion to plug: a median of 33.9 years across the 2 wells that filed both dates, with the middle half between 24.6 years and 43.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0030107327,100 ftNov 1991Feb 2007Yes
42-0030107017,100 ftFeb 1961Aug 2013Yes

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 (262)

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

262 months

Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013119091.233.42$10,856
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010165072.633.98$11,984
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010173071.124.24$12,304
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010185073.585.44$13,612
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009172074.593.75$12,829
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009164067.423.22$11,057
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009169054.743.93$9,251
Apr 20090046.773.59$0
Mar 2009162042.144.06$6,827
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008152055.496.86$8,434
Oct 20080075.246.92$0
Sep 20081710101.767.88$17,401
Aug 200800114.228.48$0
Jul 20081700131.0811.39$22,284
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081740110.3110.45$19,194
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008154090.388.21$13,919
Dec 20070088.337.30$0
Nov 2007165091.677.29$15,126
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20071069.066.39$69
Jul 2007178070.906.39$12,620
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007170059.617.81$10,134
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007177050.306.73$8,903
Dec 20061056.656.92$57
Nov 20060054.207.62$0
Oct 2006179054.906.01$9,827
Sep 20060060.085.04$0
Aug 2006132068.717.34$9,070
Jul 20060069.376.34$0
Jun 2006180066.286.38$11,930
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006174056.707.08$9,866
Feb 20060057.597.75$0
Jan 2006175060.598.93$10,603
Dec 20050054.9413.42$0
Nov 2005170054.6910.59$9,297
Oct 20050058.3413.80$0
Sep 2005173061.4512.08$10,631
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005176052.337.38$9,210
May 20050045.226.65$0
Apr 2005166049.207.36$8,167
Mar 20050050.377.15$0
Feb 2005169045.226.31$7,642
Jan 20050043.166.32$0
Dec 2004145039.866.75$5,780
Nov 20040045.286.33$0
Oct 2004174049.706.52$8,648
Sep 20040043.245.28$0
Aug 2004175042.375.55$7,415
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004178037.486.49$6,671
Apr 20041034.475.86$34
Mar 2004179034.365.53$6,150
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003179030.266.30$5,417
Nov 20030028.804.60$0
Oct 2003179028.174.76$5,042
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003170029.415.17$5,000
Jun 20030028.565.98$0
May 2003179026.595.97$4,760
Apr 20030026.675.41$0
Mar 2003181031.146.10$5,636
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002179026.914.85$4,817
Nov 2002174024.664.14$4,291
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002164024.663.58$4,044
Apr 2002176023.653.51$4,162
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001180016.932.36$3,047
Nov 20010018.072.41$0
Oct 2001153019.782.53$3,026
Sep 20010024.262.25$0
Aug 2001169024.873.05$4,203
Jul 20010023.933.20$0
Jun 2001178024.563.82$4,372
May 20011025.524.31$26
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000149026.889.12$4,005
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000162031.875.19$5,163
Aug 20000029.644.54$0
Jul 2000165028.534.09$4,707
Jun 2000169029.304.40$4,952
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000172028.422.86$4,888
Feb 20000027.622.73$0
Jan 2000180025.272.48$4,549
Dec 19990024.282.42$0
Nov 1999180023.192.43$4,174
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999180017.892.37$3,220
Jun 1999163015.942.36$2,598
May 19990015.792.32$0
Apr 1999180015.102.21$2,718
Mar 1999182012.471.84$2,270
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998152012.421.97$1,888
Sep 19980012.592.08$0
Aug 1998167011.301.91$1,887
Jul 19980011.742.24$0
Jun 1998179011.242.24$2,012
May 1998179012.622.21$2,259
Apr 19980013.042.51$0
Mar 1998156012.802.31$1,997
Feb 1998170013.952.30$2,372
Jan 19980014.702.15$0
Dec 1997168016.322.41$2,742
Nov 1997179018.193.09$3,256
Oct 1997179019.253.15$3,446
Sep 19970017.742.95$0
Aug 1997143017.862.55$2,554
Jul 1997354017.582.25$6,223
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997181017.882.08$3,236
Mar 1997351018.951.94$6,651
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996184023.32$4,291
Nov 1996185021.97$4,064
Oct 19960023.31$0
Sep 1996165022.22$3,666
Aug 1996174020.26$3,525
Jul 1996180019.55$3,519
Jun 1996176018.73$3,296
May 19960019.43$0
Apr 19960021.51$0
Mar 1996354019.38$6,861
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995126017.19$2,166
Nov 1995166016.00$2,656
Oct 1995170015.43$2,623
Sep 1995176016.18$2,848
Aug 1995183015.92$2,913
Jul 1995173015.24$2,637
Jun 1995178016.41$2,921
May 19950017.56$0
Apr 1995300017.73$5,319
Mar 1995170016.44$2,795
Feb 1995174016.58$2,885
Jan 1995166015.92$2,643
Dec 1994173015.03$2,600
Nov 1994169015.90$2,687
Oct 19940015.58$0
Sep 1994185115.29$2,829
Aug 1994362116.13$5,839
Jul 19940117.56$0
Jun 1994365117.09$6,238
May 19940115.88$0
Apr 1994182114.14$2,573
Mar 1994183112.46$2,280
Feb 1994373112.50$4,663
Jan 19940112.66$0
Dec 1993185112.33$2,281
Nov 1993186114.49$2,695
Oct 1993183115.85$2,901
Sep 19930115.03$0
Aug 1993185115.66$2,897
Jul 1993183115.46$2,829
Jun 1993182116.79$3,056
May 1993183117.68$3,235
Apr 1993183118.05$3,303
Mar 19930118.14$0
Feb 1993185117.90$3,312
Jan 1993185116.93$3,132

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.

Feb 2013 — as filed, then multipliedworked
Oil                  119 bbl  × $ 91.23 =    $10,856
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                  $10,856

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/15751 is the state's own key, not one this site invented.