UNIVERSITY 5

Operated by THOMPSON, J. CLEO (P-5 855610) in the FUHRMAN-MASCHO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1652District 08Field 33176001OilCasinghead gasSave
Value, all time
$119 k
Jan 1993 – Nov 1993
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
11
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
OilDisposition7,115 bbl$119,434
Casinghead gasProduction8 Mcf$0
Total$119,434

8 Mcf of this lease's gas, across 8 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 (9)

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 32.2114, -102.6222. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.21160, -102.62171 · 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
88.9%
8 of 9 wells
With a plug date
77.8%
7 of 9 wells
Median depth
4,525 ft
8 wells filed one
Completion to plug
31.0 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
888.9%
A plug date is filed
777.8%
BothOn the schedule and plugged. Neither fact cancels the other.
777.8%
NeitherNo plug date, and not on the schedule.
111.1%

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 9 wells. Median 4,525 ft, with the middle half between 4,454 and 4,601 ft; the shallowest is 4,427 ft and the deepest 4,700 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

40s
50s
60s
70s
80s
90s
00s

Last completion by decade, 7 of 9 wells, Nov 1948 – Nov 2004. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1948 – Nov 2004
7 of 9 wells; 2 filed none
Plug dates filed
Jul 2004 – Nov 2021
7 of 9 wells; 2 filed none

Last completion to plug: a median of 31.0 years across the 6 wells that filed both dates, with the middle half between 15.2 years and 37.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-0030102754,700 ftSep 2013Yes
42-003010286Yes
42-0033046684,600 ftNov 2004Oct 2014Yes
42-0030094514,455 ftApr 1994Aug 2005Yes
42-0030102034,550 ftDec 1989
42-0033286294,604 ftNov 1981Jun 2008Yes
42-0030101524,427 ftMar 1970May 2008Yes
42-0033000374,500 ftFeb 1969Jul 2004Yes
42-0030102444,451 ftNov 1948Nov 2021Yes

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 (11)

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

11 months

Nov 19930014.49$0
Oct 19930015.85$0
Sep 19931,018015.03$15,301
Aug 1993682115.66$10,680
Jul 1993667115.46$10,312
Jun 1993953116.79$16,001
May 1993641117.68$11,333
Apr 1993631118.05$11,390
Mar 1993915118.14$16,598
Feb 1993615117.90$11,009
Jan 1993993116.93$16,811

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.

Sep 1993 — as filed, then multipliedworked
Oil                1,018 bbl  × $ 15.03 =    $15,301
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                  $15,301

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/1652 is the state's own key, not one this site invented.