UNIVERSITY -B-

Operated by LIBERTAD OPERATING LLC (P-5 500295) 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 15827District 08Field 21289001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$758 k
Jan 1993 – May 2026
Value, last 12 filed months
$23 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
OilDisposition17,067 bbl$727,734
Casinghead gasProduction7,131 Mcf$30,621
Total$758,355

831 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 (3)

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 32.1272, -102.5296. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.12669, -102.52947 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
7,015 ft
2 wells filed one
Completion to plug
17.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 4,780 and 9,250 ft, median 7,015 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1961 – Mar 1990
3 of 3 wells
Plug dates filed
Sep 1978
1 of 3 wells; 2 filed none

Last completion to plug: a median of 17.5 years across the 1 well that filed both dates, with the middle half between 17.5 years and 17.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-003349924W9,250 ftMar 1990
42-003073163Oct 1961
42-0030047514,780 ftMar 1961Sep 1978Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026203089.753.15$18,219
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202573063.933.01$4,667
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024171078.812.20$13,477
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023164085.443.09$14,012
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022162087.185.86$14,123
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221690104.226.84$17,613
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021170069.865.35$11,876
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021167057.805.55$9,653
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020175034.901.69$6,108
May 20200016.921.81$0
Apr 20204014.751.80$59
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019168055.302.75$9,290
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019155058.482.74$9,064
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018166061.443.40$10,199
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018176063.842.90$11,236
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017154049.292.98$7,591
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017152047.933.21$7,285
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016170048.763.72$8,289
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016163042.521.99$6,931
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016144027.352.36$3,938
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015164043.552.43$7,142
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20159056.152.88$505
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015164042.892.93$7,034
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014182070.464.25$12,824
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201403089.394.04$121
Jul 20141643096.564.18$15,961
Jun 201403098.164.74$142
May 201403094.734.73$142
Apr 201403095.944.81$144
Mar 201403095.895.06$152
Feb 201403097.406.19$186
Jan 201403090.404.86$146
Dec 201303091.824.35$131
Nov 201303088.853.74$112
Oct 20131733097.423.78$16,967
Sep 2013030104.113.72$112
Aug 2013030104.253.52$106
Jul 2013030102.523.72$112
Jun 201303094.403.93$118
May 20131593094.834.15$15,202
Apr 201303093.964.28$128
Mar 201303093.623.91$117
Feb 201303091.233.42$103
Jan 201303091.603.42$103
Dec 20121843086.773.42$16,068
Nov 201203086.953.62$109
Oct 201203089.383.40$102
Sep 201203094.672.92$88
Aug 20121793092.662.91$16,673
Jul 201203085.133.02$91
Jun 201203079.822.52$76
May 201203091.612.49$75
Apr 2012030101.652.00$60
Mar 2012030105.052.22$67
Feb 201216630101.102.57$16,860
Jan 201203098.092.73$82
Dec 201103096.873.24$97
Nov 201103095.723.31$99
Oct 201103084.983.65$109
Sep 201103083.623.99$120
Aug 201103083.404.15$124
Jul 20111583094.144.52$15,010
Jun 201103092.904.64$139
May 201103098.134.40$132
Apr 2011030105.964.33$130
Mar 201103096.364.06$122
Feb 20111713085.644.18$14,770
Jan 201103086.504.59$138
Dec 201003085.734.35$130
Nov 201003080.843.80$114
Oct 201003078.103.51$105
Sep 201003072.633.98$119
Aug 20101743073.684.42$12,953
Jul 201003072.554.74$142
Jun 201003070.364.91$147
May 20101723071.124.24$12,360
Apr 201003081.694.12$124
Mar 201003078.394.39$132
Feb 201003073.585.44$163
Jan 20101733074.365.96$13,043
Dec 200903071.445.48$165
Nov 200903074.593.75$113
Oct 200903072.544.11$123
Sep 200903065.543.06$92
Aug 200903067.423.22$97
Jul 20091733061.133.46$10,679
Jun 200903066.163.90$117
May 200903054.743.93$118
Apr 200903046.773.59$108
Mar 200903042.144.06$122
Feb 20091753032.814.63$5,881
Jan 200903035.865.37$161
Dec 200803037.105.98$179
Nov 200803055.496.86$206
Oct 20081573075.246.92$12,020
Sep 2008030101.767.88$236
Aug 2008030114.228.48$254
Jul 2008030131.0811.39$342
Jun 200816930131.3313.03$22,586
May 2008030123.1711.57$347
Apr 2008030110.3110.45$314
Mar 2008030101.909.66$290
Feb 20081643092.538.77$15,438
Jan 200803090.388.21$246
Dec 200703088.337.30$219
Nov 20071623091.677.29$15,069
Oct 200703082.856.92$208
Sep 200703075.846.24$187
Aug 200703069.066.39$192
Jul 20071703070.906.39$12,245
Jun 200703062.007.55$226
May 200703058.747.85$235
Apr 2007923059.617.81$5,718
Mar 200703056.927.30$219
Feb 20071803055.108.22$10,164
Jan 200703050.306.73$202
Dec 200603056.656.92$208
Nov 200603054.207.62$229
Oct 20061693054.906.01$9,459
Sep 200603060.085.04$151
Aug 200603068.717.34$220
Jul 200603069.376.34$190
Jun 20061683066.286.38$11,327
May 200603066.016.42$193
Apr 200603064.397.36$221
Mar 20061673056.707.08$9,681
Feb 200603057.597.75$233
Jan 200603060.598.93$268
Dec 200503054.9413.42$402
Nov 20051733054.6910.59$9,779
Oct 200503058.3413.80$414
Sep 200503061.4512.08$362
Aug 200503061.519.80$294
Jul 20051743055.697.84$9,925
Jun 200503052.337.38$221
May 200503045.226.65$200
Apr 200503049.207.36$221
Mar 20051723050.377.15$8,878
Feb 200503045.226.31$189
Jan 200503043.166.32$190
Dec 20041623039.866.75$6,660
Nov 200403045.286.33$190
Oct 200403049.706.52$195
Sep 200403043.245.28$159
Aug 20041763042.375.55$7,624
Jul 200403038.286.08$183
Jun 200403036.106.43$193
May 200403037.486.49$195
Apr 20041773034.475.86$6,277
Mar 200403034.365.53$166
Feb 200403032.455.51$165
Jan 20041803032.036.30$5,954
Dec 200303030.266.30$189
Nov 200303028.804.60$138
Oct 200303028.174.76$143
Sep 20031733026.314.75$4,694
Aug 200303029.765.13$154
Jul 200303029.415.17$155
Jun 20031853028.565.98$5,463
May 200303026.595.97$179
Apr 200303026.675.41$162
Mar 200303031.146.10$183
Feb 200303033.487.93$238
Jan 200303030.315.58$167
Dec 200203026.914.85$146
Nov 200203024.664.14$124
Oct 200203026.464.23$127
Sep 20021743027.443.64$4,884
Aug 200203025.963.16$95
Jul 200203024.583.06$92
Jun 200203023.733.34$100
May 200203024.663.58$108
Apr 200203023.653.51$105
Mar 200203022.003.10$93
Feb 20021803018.222.38$3,351
Jan 200203017.172.38$71
Dec 200103016.932.36$71
Nov 200103018.072.41$72
Oct 20011773019.782.53$3,577
Sep 200103024.262.25$68
Aug 200103024.873.05$92
Jul 20011823023.933.20$4,451
Jun 200103024.563.82$115
May 200103025.524.31$129
Apr 20011733024.685.34$4,430
Mar 200103024.545.38$161
Feb 200103027.755.77$173
Jan 20011833027.478.40$5,279
Dec 200003026.889.12$274
Nov 200003032.215.66$170
Oct 20001773031.235.15$5,682
Sep 200003031.875.19$156
Aug 200003029.644.54$136
Jul 20001873028.534.09$5,458
Jun 200003029.304.40$132
May 200003027.263.68$110
Apr 20001853024.513.12$4,628
Mar 200003028.422.86$86
Feb 200003027.622.73$82
Jan 200003025.272.48$74
Dec 19991203024.282.42$2,986
Nov 1999533023.192.43$1,302
Oct 199903020.982.80$84
Sep 19991703021.752.62$3,776
Aug 199903019.262.88$86
Jul 199903017.892.37$71
Jun 19991083015.942.36$1,792
May 1999873015.792.32$1,443
Apr 199903015.102.21$66
Mar 1999613012.471.84$816
Feb 1999152309.981.82$1,571
Jan 199903010.381.90$57
Dec 1998185309.201.77$1,755
Nov 199803010.892.19$66
Oct 199803012.421.97$59
Sep 19980012.592.08$0
Aug 199803011.301.91$57
Jul 19980011.742.24$0
Jun 199803011.242.24$67
May 19981753012.622.21$2,275
Apr 199803013.042.51$75
Mar 19981823012.802.31$2,399
Feb 199803013.952.30$69
Jan 199803014.702.15$65
Dec 19971863016.322.41$3,108
Nov 19971903018.193.09$3,549
Oct 199703019.253.15$94
Sep 199703017.742.95$89
Aug 19973803017.862.55$6,863
Jul 199703017.582.25$67
Jun 199703017.242.26$68
May 199703018.972.31$69
Apr 199703017.882.08$62
Mar 199703018.951.94$58
Feb 19974663020.492.21$9,615
Jan 199703023.483.54$106
Dec 199603023.32$0
Nov 199603021.97$0
Oct 199603023.31$0
Sep 199603022.22$0
Aug 19964543020.26$9,198
Jul 199603019.55$0
Jun 199603018.73$0
May 199603019.43$0
Apr 199603021.51$0
Mar 199603019.38$0
Feb 19964643016.98$7,879
Jan 199603017.07$0
Dec 199503017.19$0
Nov 199503016.00$0
Oct 199503015.43$0
Sep 19954553016.18$7,362
Aug 199503015.92$0
Jul 199503015.24$0
Jun 199503016.41$0
May 199503017.56$0
Apr 19954633017.73$8,209
Mar 199503016.44$0
Feb 199503016.58$0
Jan 199503015.92$0
Dec 199403015.03$0
Nov 199403015.90$0
Oct 19944593015.58$7,151
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 1994451115.88$7,162
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 1993457112.33$5,635
Nov 19930114.49$0
Oct 19930115.85$0
Sep 19930115.03$0
Aug 1993458115.66$7,172
Jul 19930115.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 19930118.05$0
Mar 1993457118.14$8,290
Feb 19930117.90$0
Jan 19930116.93$0

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 2026 — as filed, then multipliedworked
Oil                  203 bbl  × $ 89.75 =    $18,219
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $18,219

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/15827 is the state's own key, not one this site invented.