UNIVERSITY 31 /SEC. 25/

Operated by CHANEY OIL COMPANY (P-5 144386) 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 18024District 08Field 26538001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$21 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 113 leases and 1,569 wells, and the rule below applies to all of them.

Discovered
1938-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

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: 10 ACRE OPTIONAL 933' DIAGONAL

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
OilDisposition27,343 bbl$1,244,931
Casinghead gasProduction144 Mcf$368
Total$1,245,299

48 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 31.4787, -102.4249. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.47873, -102.42486 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,334 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 3,300 and 3,368 ft, median 3,334 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1963 – Sep 1985
2 of 2 wells

2 wells

42-1033375223,368 ftSep 1985
42-1031017213,300 ftOct 1963

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 202654098.932.87$5,342
Mar 20260089.753.15$0
Feb 202653063.503.75$3,366
Jan 202664059.138.00$3,784
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202568059.383.30$4,038
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202569066.743.32$4,605
Jun 20250066.483.13$0
May 202572060.553.23$4,360
Apr 202564062.363.54$3,991
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202562074.324.28$4,608
Dec 202471068.993.12$4,898
Nov 20240069.052.20$0
Oct 202471071.372.28$5,067
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202465079.932.15$5,195
Jun 20240078.082.63$0
May 202461078.812.20$4,807
Apr 20240084.451.66$0
Mar 202456080.301.55$4,497
Feb 202463076.091.78$4,794
Jan 20240073.023.30$0
Dec 202374071.262.61$5,273
Nov 20230077.892.81$0
Oct 202371085.443.09$6,066
Sep 20230089.042.74$0
Aug 202372080.522.67$5,797
Jul 20230074.852.64$0
Jun 202361068.962.26$4,207
May 20230070.622.23$0
Apr 202355078.122.24$4,297
Mar 202368072.852.39$4,954
Feb 202360075.112.47$4,507
Jan 20230076.533.39$0
Dec 202275076.415.73$5,731
Nov 20220085.005.65$0
Oct 202274087.185.86$6,451
Sep 20220084.888.16$0
Aug 202260094.529.13$5,671
Jul 2022650101.587.54$6,603
Jun 2022710115.097.98$8,171
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022700108.885.08$7,622
Feb 20220091.054.86$0
Jan 202272081.844.54$5,892
Dec 20210071.323.90$0
Nov 202161077.435.24$4,723
Oct 20210079.795.71$0
Sep 202161069.865.35$4,261
Aug 202162066.024.22$4,093
Jul 20210070.783.98$0
Jun 202171069.493.38$4,934
May 20210063.483.02$0
Apr 202173060.362.76$4,406
Mar 202174061.302.72$4,536
Feb 20210057.805.55$0
Jan 202170050.412.81$3,529
Dec 20200044.642.68$0
Nov 202065038.772.71$2,520
Oct 20200036.972.48$0
Sep 202070037.091.99$2,596
Aug 202071039.982.39$2,839
Jul 202071038.371.83$2,724
Jun 202073034.901.69$2,548
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202071030.341.86$2,154
Feb 20200049.881.98$0
Jan 202073057.252.09$4,179
Dec 20190059.012.30$0
Nov 201966055.302.75$3,650
Oct 201965053.472.42$3,476
Sep 20190055.052.66$0
Aug 201970053.112.30$3,718
Jul 201967056.272.46$3,770
Jun 20190052.782.49$0
May 201963058.482.74$3,684
Apr 201954062.632.75$3,382
Mar 201970056.803.06$3,976
Feb 20190050.852.79$0
Jan 201970046.033.23$3,222
Dec 201874046.594.19$3,448
Nov 20180052.934.24$0
Oct 201861061.443.40$3,748
Sep 20180059.543.11$0
Aug 201863059.403.07$3,742
Jul 201871065.142.93$4,625
Jun 20180060.183.08$0
May 201867065.382.90$4,380
Apr 201862063.842.90$3,958
Mar 201866061.222.79$4,041
Feb 20180061.782.77$0
Jan 201867062.874.01$4,212
Dec 201763057.272.92$3,608
Nov 20170055.423.12$0
Oct 201772049.292.98$3,549
Sep 201765047.523.09$3,089
Aug 20170045.373.00$0
Jul 201769043.873.09$3,027
Jun 201769042.493.09$2,932
May 201771045.373.26$3,221
Apr 20170047.933.21$0
Mar 201776046.772.98$3,555
Feb 20170050.452.95$0
Jan 201765049.413.42$3,212
Dec 201666048.763.72$3,218
Nov 201668042.492.64$2,889
Oct 201665046.193.09$3,002
Sep 20160041.553.10$0
Aug 201669041.442.92$2,859
Jul 20160041.622.92$0
Jun 201662045.352.69$2,812
May 201661042.521.99$2,594
Apr 201670036.561.99$2,559
Mar 201674033.011.79$2,443
Feb 20160026.472.06$0
Jan 201659027.352.36$1,614
Dec 201568032.362.00$2,200
Nov 201567038.792.17$2,599
Oct 201567043.552.43$2,918
Sep 201569042.992.76$2,966
Aug 20150040.162.87$0
Jul 2015132048.152.95$6,356
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201573049.822.71$3,637
Mar 20150042.892.93$0
Feb 201572044.662.98$3,216
Jan 20150043.433.10$0
Dec 201468054.693.59$3,719
Nov 201472070.464.25$5,073
Oct 201468078.303.90$5,324
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201463096.564.18$6,083
Jun 201475098.164.74$7,362
May 20140094.734.73$0
Apr 201461095.944.81$5,852
Mar 201472095.895.06$6,904
Feb 201468097.406.19$6,623
Jan 20140090.404.86$0
Dec 201369091.824.35$6,336
Nov 20130088.853.74$0
Oct 201369097.423.78$6,722
Sep 2013700104.113.72$7,288
Aug 201300104.253.52$0
Jul 2013680102.523.72$6,971
Jun 20130094.403.93$0
May 201371094.834.15$6,733
Apr 201373093.964.28$6,859
Mar 201369093.623.91$6,460
Feb 201372091.233.42$6,569
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201266086.953.62$5,739
Oct 201262089.383.40$5,542
Sep 201263094.672.92$5,964
Aug 201265092.662.91$6,023
Jul 20120085.133.02$0
Jun 201266079.822.52$5,268
May 201268091.612.49$6,229
Apr 2012660101.652.00$6,709
Mar 201200105.052.22$0
Feb 2012670101.102.57$6,774
Jan 201266098.092.73$6,474
Dec 201163096.873.24$6,103
Nov 201162095.723.31$5,935
Oct 20110084.983.65$0
Sep 201162083.623.99$5,184
Aug 201162083.404.15$5,171
Jul 201161094.144.52$5,743
Jun 201162092.904.64$5,760
May 201162098.134.40$6,084
Apr 20111220105.964.33$12,927
Mar 201161096.364.06$5,878
Feb 201160085.644.18$5,138
Jan 201166086.504.59$5,709
Dec 201064085.734.35$5,487
Nov 2010127080.843.80$10,267
Oct 201061078.103.51$4,764
Sep 201061072.633.98$4,430
Aug 201063073.684.42$4,642
Jul 201064072.554.74$4,643
Jun 201063070.364.91$4,433
May 2010123071.124.24$8,748
Apr 201065081.694.12$5,310
Mar 2010128078.394.39$10,034
Feb 201064073.585.44$4,709
Jan 201063074.365.96$4,685
Dec 200962071.445.48$4,429
Nov 200964074.593.75$4,774
Oct 200963072.544.11$4,570
Sep 200962065.543.06$4,063
Aug 2009127067.423.22$8,562
Jul 200963061.133.46$3,851
Jun 200963066.163.90$4,168
May 200964054.743.93$3,503
Apr 200961046.773.59$2,853
Mar 2009124042.144.06$5,225
Feb 200965032.814.63$2,133
Jan 200962035.865.37$2,223
Dec 2008125037.105.98$4,638
Nov 200865055.496.86$3,607
Oct 200865075.246.92$4,891
Sep 2008640101.767.88$6,513
Aug 2008630114.228.48$7,196
Jul 20081270131.0811.39$16,647
Jun 2008630131.3313.03$8,274
May 2008620123.1711.57$7,637
Apr 20081260110.3110.45$13,899
Mar 2008660101.909.66$6,725
Feb 200865092.538.77$6,014
Jan 2008125090.388.21$11,298
Dec 200764088.337.30$5,653
Nov 2007128091.677.29$11,734
Oct 200764082.856.92$5,302
Sep 2007126075.846.24$9,556
Aug 200763069.066.39$4,351
Jul 2007125070.906.39$8,863
Jun 200764062.007.55$3,968
May 200763058.747.85$3,701
Apr 200764059.617.81$3,815
Mar 200762056.927.30$3,529
Feb 200765055.108.22$3,582
Jan 200763050.306.73$3,169
Dec 2006125056.656.92$7,081
Nov 200665054.207.62$3,523
Oct 200665054.906.01$3,569
Sep 200664060.085.04$3,845
Aug 200660068.717.34$4,123
Jul 200660069.376.34$4,162
Jun 2006125066.286.38$8,285
May 200665066.016.42$4,291
Apr 200666064.397.36$4,250
Mar 200664056.707.08$3,629
Feb 2006124057.597.75$7,141
Jan 200665060.598.93$3,938
Dec 200571054.9413.42$3,901
Nov 200565054.6910.59$3,555
Oct 200565058.3413.80$3,792
Sep 2005129061.4512.08$7,927
Aug 200566061.519.80$4,060
Jul 200565055.697.84$3,620
Jun 200564052.337.38$3,349
May 2005127045.226.65$5,743
Apr 200563049.207.36$3,100
Mar 200565050.377.15$3,274
Feb 200564045.226.31$2,894
Jan 200563043.166.32$2,719
Dec 2004144139.866.75$5,747
Nov 200473145.286.33$3,312
Oct 200473149.706.52$3,635
Sep 200470143.245.28$3,032
Aug 2004142142.375.55$6,022
Jul 200471138.286.08$2,724
Jun 200472136.106.43$2,606
May 2004139137.486.49$5,216
Apr 200470134.475.86$2,419
Mar 200471134.365.53$2,445
Feb 200472132.455.51$2,342
Jan 2004141132.036.30$4,523
Dec 200371130.266.30$2,155
Nov 200371128.804.60$2,049
Oct 200371128.174.76$2,005
Sep 2003139126.314.75$3,662
Aug 200369129.765.13$2,059
Jul 200372129.415.17$2,123
Jun 2003139128.565.98$3,976
May 200377126.595.97$2,053
Apr 200368126.675.41$1,819
Mar 200372131.146.10$2,248
Feb 200374133.487.93$2,485
Jan 2003136130.315.58$4,128
Dec 200273126.914.85$1,969
Nov 200273124.664.14$1,804
Oct 2002138126.464.23$3,656
Sep 200266127.443.64$1,815
Aug 200271125.963.16$1,846
Jul 2002138124.583.06$3,395
Jun 200272123.733.34$1,712
May 200269124.663.58$1,705
Apr 2002135123.653.51$3,196
Mar 200272122.003.10$1,587
Feb 200271118.222.38$1,296
Jan 2002142117.172.38$2,441
Dec 200170116.932.36$1,187
Nov 200169118.072.41$1,249
Oct 2001140119.782.53$2,772
Sep 200172124.262.25$1,749
Aug 200172124.873.05$1,794
Jul 2001142123.933.20$3,401
Jun 200171124.563.82$1,748
May 2001141125.524.31$3,603
Apr 200172124.685.34$1,782
Mar 200170124.545.38$1,723
Feb 2001147127.755.77$4,085
Jan 200176127.478.40$2,096
Dec 200073126.889.12$1,971
Nov 200077132.215.66$2,486
Oct 2000153131.235.15$4,783
Sep 200078131.875.19$2,491
Aug 200077129.644.54$2,287
Jul 200077128.534.09$2,201
Jun 2000150129.304.40$4,399
May 200076127.263.68$2,075
Apr 2000151124.513.12$3,704
Mar 200077128.422.86$2,191
Feb 200076127.622.73$2,102
Jan 2000155125.272.48$3,919
Dec 199977124.282.42$1,872
Nov 1999159123.192.43$3,690
Oct 199975120.982.80$1,576
Sep 199978121.752.62$1,699
Aug 1999149119.262.88$2,873
Jul 199980117.892.37$1,434
Jun 199973115.942.36$1,166
May 1999137115.792.32$2,166
Apr 199980115.102.21$1,210
Mar 1999154112.471.84$1,922
Feb 19997819.981.82$780
Jan 199976110.381.90$791
Dec 19988219.201.77$756
Nov 199879110.892.19$863
Oct 1998156112.421.97$1,939
Sep 199880112.592.08$1,009
Aug 199877111.301.91$872
Jul 1998149111.742.24$1,752
Jun 199874111.242.24$834
May 199875112.622.21$949
Apr 1998156113.042.51$2,037
Mar 199879112.802.31$1,014
Feb 1998154113.952.30$2,151
Jan 199876114.702.15$1,119
Dec 199780116.322.41$1,308
Nov 1997155118.193.09$2,823
Oct 199780119.253.15$1,543
Sep 199776117.742.95$1,351
Aug 1997146117.862.55$2,610
Jul 199778117.582.25$1,373
Jun 199779117.242.26$1,364
May 1997147118.972.31$2,791
Apr 199775117.882.08$1,343
Mar 1997153118.951.94$2,901
Feb 199776120.492.21$1,559
Jan 199781123.483.54$1,905
Dec 199681123.32$1,889
Nov 1996147121.97$3,230
Oct 199676123.31$1,772
Sep 1996153122.22$3,400
Aug 199674120.26$1,499
Jul 199677119.55$1,505
Jun 1996148118.73$2,772
May 199678119.43$1,516
Apr 1996154121.51$3,313
Mar 199673119.38$1,415
Feb 199678116.98$1,324
Jan 199678117.07$1,331
Dec 1995136117.19$2,338
Nov 199568116.00$1,088
Oct 199573115.43$1,126
Sep 1995126116.18$2,039
Aug 1995114115.92$1,815
Jul 199568115.24$1,036
Jun 199572116.41$1,182
May 1995106117.56$1,861
Apr 199555117.73$975
Mar 1995110116.44$1,808
Feb 199554116.58$895
Jan 1995111115.92$1,767
Dec 199462115.03$932
Nov 1994135115.90$2,147
Oct 199471115.58$1,106
Sep 1994122115.29$1,865
Aug 199463116.13$1,016
Jul 1994126117.56$2,213
Jun 199462117.09$1,060
May 199490115.88$1,429
Apr 199450114.14$707
Mar 199499112.46$1,234
Feb 199491112.50$1,138
Jan 199451112.66$646
Dec 199349112.33$604
Nov 1993101114.49$1,463
Oct 199345115.85$713
Sep 199395115.03$1,428
Aug 199348115.66$752
Jul 199347115.46$727
Jun 199348116.79$806
May 1993141117.68$2,493
Apr 1993143118.05$2,581
Mar 199369118.14$1,252
Feb 1993146117.90$2,613
Jan 199378116.93$1,321

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.

Apr 2026 — as filed, then multipliedworked
Oil                   54 bbl  × $ 98.93 =     $5,342
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $5,342

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/18024 is the state's own key, not one this site invented.