GULF-UNIVERSITY -J-

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

Operated by BTA OIL PRODUCERS, LLC (P-5 41867) 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 16827District 08Field 21289001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$892 k

Jan 1993 – Oct 2017

Value, last 12 filed months

at the published price for each month

Months reported

298

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	22,978 bbl	$835,438
Casinghead gas	Production	15,640 Mcf	$56,671
Total			$892,110

3,540 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 (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 32.1466, -102.5369. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.14658, -102.53685 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

4,999 ft

2 wells filed one

Completion to plug

55.5 years

median over 1 well

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 4,998 and 5,000 ft, median 4,999 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1961

1 of 2 wells; 1 filed none

Plug dates filed

Jan 2006 – Jun 2017

2 of 2 wells

Last completion to plug: a median of 55.5 years across the 1 well that filed both dates, with the middle half between 55.5 years and 55.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-00300482	2	4,998 ft	—	Jan 2006	Yes
42-00300481	1	5,000 ft	Dec 1961	Jun 2017	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 (298)

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

298 months


Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	154	0	27.35	2.36	$4,212
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	170	0	43.55	2.43	$7,404
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	185	0	49.82	2.71	$9,217
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	169	0	86.16	4.05	$14,561
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	173	0	94.73	4.73	$16,388
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	170	0	97.42	3.78	$16,561
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	173	0	94.83	4.15	$16,406
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
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	175	0	89.38	3.40	$15,642
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	170	0	91.61	2.49	$15,574
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	164	0	96.87	3.24	$15,887
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	169	0	94.14	4.52	$15,910
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	181	0	105.96	4.33	$19,179
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	171	0	85.73	4.35	$14,660
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	184	0	73.68	4.42	$13,557
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	173	0	71.12	4.24	$12,304
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	174	0	73.58	5.44	$12,803
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	174	0	74.59	3.75	$12,979
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	174	0	54.74	3.93	$9,525
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	172	0	35.86	5.37	$6,168
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	167	0	101.76	7.88	$16,994
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	167	0	131.33	13.03	$21,932
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	162	0	101.90	9.66	$16,508
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	175	0	88.33	7.30	$15,458
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	178	0	75.84	6.24	$13,500
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	173	0	62.00	7.55	$10,726
May 2007	0	0	58.74	7.85	$0
Apr 2007	176	0	59.61	7.81	$10,491
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	172	0	55.10	8.22	$9,477
Jan 2007	0	100	50.30	6.73	$673
Dec 2006	161	100	56.65	6.92	$9,812
Nov 2006	0	100	54.20	7.62	$762
Oct 2006	166	100	54.90	6.01	$9,715
Sep 2006	0	100	60.08	5.04	$504
Aug 2006	0	100	68.71	7.34	$734
Jul 2006	174	100	69.37	6.34	$12,705
Jun 2006	0	100	66.28	6.38	$638
May 2006	168	100	66.01	6.42	$11,732
Apr 2006	0	100	64.39	7.36	$736
Mar 2006	168	100	56.70	7.08	$10,234
Feb 2006	167	100	57.59	7.75	$10,393
Jan 2006	0	100	60.59	8.93	$893
Dec 2005	0	100	54.94	13.42	$1,342
Nov 2005	175	100	54.69	10.59	$10,630
Oct 2005	0	100	58.34	13.80	$1,380
Sep 2005	0	100	61.45	12.08	$1,208
Aug 2005	164	100	61.51	9.80	$11,067
Jul 2005	0	100	55.69	7.84	$784
Jun 2005	167	100	52.33	7.38	$9,477
May 2005	0	100	45.22	6.65	$665
Apr 2005	167	100	49.20	7.36	$8,952
Mar 2005	0	100	50.37	7.15	$715
Feb 2005	170	100	45.22	6.31	$8,319
Jan 2005	160	100	43.16	6.32	$7,538
Dec 2004	0	100	39.86	6.75	$675
Nov 2004	163	100	45.28	6.33	$8,014
Oct 2004	0	100	49.70	6.52	$652
Sep 2004	0	100	43.24	5.28	$528
Aug 2004	0	100	42.37	5.55	$555
Jul 2004	179	100	38.28	6.08	$7,461
Jun 2004	169	100	36.10	6.43	$6,744
May 2004	0	100	37.48	6.49	$649
Apr 2004	165	100	34.47	5.86	$6,273
Mar 2004	170	100	34.36	5.53	$6,394
Feb 2004	0	100	32.45	5.51	$551
Jan 2004	169	100	32.03	6.30	$6,043
Dec 2003	181	100	30.26	6.30	$6,107
Nov 2003	179	100	28.80	4.60	$5,615
Oct 2003	178	100	28.17	4.76	$5,490
Sep 2003	0	100	26.31	4.75	$475
Aug 2003	169	100	29.76	5.13	$5,542
Jul 2003	181	100	29.41	5.17	$5,840
Jun 2003	0	100	28.56	5.98	$598
May 2003	183	100	26.59	5.97	$5,463
Apr 2003	162	100	26.67	5.41	$4,861
Mar 2003	180	100	31.14	6.10	$6,215
Feb 2003	182	100	33.48	7.93	$6,886
Jan 2003	0	100	30.31	5.58	$558
Dec 2002	182	100	26.91	4.85	$5,383
Nov 2002	176	100	24.66	4.14	$4,754
Oct 2002	174	100	26.46	4.23	$5,027
Sep 2002	177	100	27.44	3.64	$5,220
Aug 2002	0	100	25.96	3.16	$316
Jul 2002	185	100	24.58	3.06	$4,853
Jun 2002	177	100	23.73	3.34	$4,534
May 2002	187	100	24.66	3.58	$4,970
Apr 2002	175	100	23.65	3.51	$4,490
Mar 2002	170	100	22.00	3.10	$4,050
Feb 2002	0	100	18.22	2.38	$238
Jan 2002	181	100	17.17	2.38	$3,345
Dec 2001	179	100	16.93	2.36	$3,267
Nov 2001	174	100	18.07	2.41	$3,385
Oct 2001	169	100	19.78	2.53	$3,596
Sep 2001	186	100	24.26	2.25	$4,737
Aug 2001	166	100	24.87	3.05	$4,434
Jul 2001	184	100	23.93	3.20	$4,723
Jun 2001	181	100	24.56	3.82	$4,828
May 2001	171	100	25.52	4.31	$4,795
Apr 2001	179	100	24.68	5.34	$4,951
Mar 2001	170	100	24.54	5.38	$4,709
Feb 2001	180	100	27.75	5.77	$5,572
Jan 2001	183	100	27.47	8.40	$5,867
Dec 2000	177	100	26.88	9.12	$5,670
Nov 2000	0	100	32.21	5.66	$566
Oct 2000	175	100	31.23	5.15	$5,980
Sep 2000	182	100	31.87	5.19	$6,319
Aug 2000	171	100	29.64	4.54	$5,523
Jul 2000	349	100	28.53	4.09	$10,366
Jun 2000	0	100	29.30	4.40	$440
May 2000	366	100	27.26	3.68	$10,345
Apr 2000	0	100	24.51	3.12	$312
Mar 2000	195	100	28.42	2.86	$5,828
Feb 2000	175	100	27.62	2.73	$5,106
Jan 2000	0	100	25.27	2.48	$248
Dec 1999	0	100	24.28	2.42	$242
Nov 1999	143	100	23.19	2.43	$3,560
Oct 1999	0	100	20.98	2.80	$280
Sep 1999	178	100	21.75	2.62	$4,133
Aug 1999	0	100	19.26	2.88	$288
Jul 1999	0	100	17.89	2.37	$237
Jun 1999	77	100	15.94	2.36	$1,464
May 1999	90	100	15.79	2.32	$1,653
Apr 1999	0	100	15.10	2.21	$221
Mar 1999	88	100	12.47	1.84	$1,281
Feb 1999	310	100	9.98	1.82	$3,276
Jan 1999	0	100	10.38	1.90	$190
Dec 1998	0	100	9.20	1.77	$177
Nov 1998	0	100	10.89	2.19	$219
Oct 1998	184	100	12.42	1.97	$2,482
Sep 1998	0	100	12.59	2.08	$208
Aug 1998	180	100	11.30	1.91	$2,225
Jul 1998	0	100	11.74	2.24	$224
Jun 1998	0	100	11.24	2.24	$224
May 1998	180	100	12.62	2.21	$2,492
Apr 1998	0	100	13.04	2.51	$251
Mar 1998	189	100	12.80	2.31	$2,650
Feb 1998	0	100	13.95	2.30	$230
Jan 1998	0	100	14.70	2.15	$215
Dec 1997	173	100	16.32	2.41	$3,064
Nov 1997	191	100	18.19	3.09	$3,783
Oct 1997	0	100	19.25	3.15	$315
Sep 1997	0	100	17.74	2.95	$295
Aug 1997	163	100	17.86	2.55	$3,167
Jul 1997	0	100	17.58	2.25	$225
Jun 1997	381	100	17.24	2.26	$6,794
May 1997	0	100	18.97	2.31	$231
Apr 1997	0	100	17.88	2.08	$208
Mar 1997	443	100	18.95	1.94	$8,589
Feb 1997	0	100	20.49	2.21	$221
Jan 1997	0	100	23.48	3.54	$354
Dec 1996	0	100	23.32	—	$0
Nov 1996	0	100	21.97	—	$0
Oct 1996	0	100	23.31	—	$0
Sep 1996	0	100	22.22	—	$0
Aug 1996	463	100	20.26	—	$9,380
Jul 1996	0	100	19.55	—	$0
Jun 1996	0	100	18.73	—	$0
May 1996	0	100	19.43	—	$0
Apr 1996	0	100	21.51	—	$0
Mar 1996	447	100	19.38	—	$8,663
Feb 1996	0	100	16.98	—	$0
Jan 1996	0	100	17.07	—	$0
Dec 1995	0	100	17.19	—	$0
Nov 1995	0	100	16.00	—	$0
Oct 1995	475	100	15.43	—	$7,329
Sep 1995	0	100	16.18	—	$0
Aug 1995	0	100	15.92	—	$0
Jul 1995	0	100	15.24	—	$0
Jun 1995	431	100	16.41	—	$7,073
May 1995	0	100	17.56	—	$0
Apr 1995	0	100	17.73	—	$0
Mar 1995	0	100	16.44	—	$0
Feb 1995	452	100	16.58	—	$7,494
Jan 1995	0	100	15.92	—	$0
Dec 1994	0	100	15.03	—	$0
Nov 1994	0	100	15.90	—	$0
Oct 1994	477	100	15.58	—	$7,432
Sep 1994	0	40	15.29	—	$0
Aug 1994	0	40	16.13	—	$0
Jul 1994	0	40	17.56	—	$0
Jun 1994	458	40	17.09	—	$7,827
May 1994	0	40	15.88	—	$0
Apr 1994	0	40	14.14	—	$0
Mar 1994	0	40	12.46	—	$0
Feb 1994	441	40	12.50	—	$5,513
Jan 1994	0	40	12.66	—	$0
Dec 1993	0	40	12.33	—	$0
Nov 1993	0	40	14.49	—	$0
Oct 1993	466	40	15.85	—	$7,386
Sep 1993	0	40	15.03	—	$0
Aug 1993	0	40	15.66	—	$0
Jul 1993	474	40	15.46	—	$7,328
Jun 1993	0	40	16.79	—	$0
May 1993	0	40	17.68	—	$0
Apr 1993	0	40	18.05	—	$0
Mar 1993	466	40	18.14	—	$8,453
Feb 1993	0	40	17.90	—	$0
Jan 1993	0	40	16.93	—	$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.

Jan 2016 — as filed, then multipliedworked

Oil                  154 bbl  × $ 27.35 =     $4,212
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $4,212

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/16827 is the state's own key, not one this site invented.