STATE UNIVERSITY -DD-

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

Operated by COASTAL MANAGEMENT CORPORATION (P-5 161619) in the M.A.K. (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19288District 08Field 56082500NGPA filingOilCasinghead gasSave Export

Value, all time

$220 k

Jan 1993 – May 1997

Value, last 12 filed months

$49 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The M.A.K. (SPRABERRY) 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 21 leases and 52 wells, and the rule below applies to all of them.

Discovered

1963-07-06

as the register files it

Field class

Oil

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	12,874 bbl	$218,100
Casinghead gas	Production	42,065 Mcf	$1,639
Total			$219,739

41,602 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 32.4737, -102.2028. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.47371, -102.20279 · 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

11,607 ft

2 wells filed one

Completion to plug

8.9 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 9,963 and 13,250 ft, median 11,607 ft, over the 2 wells that filed a depth.

Completions filed

Mar 2011

1 of 2 wells; 1 filed none

Plug dates filed

Jun 1989 – Feb 2020

2 of 2 wells

Last completion to plug: a median of 8.9 years across the 1 well that filed both dates, with the middle half between 8.9 years and 8.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-31710040	1	13,250 ft	—	Jun 1989	Yes
42-31732613	3	9,963 ft	Mar 2011	Feb 2020	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 (53)

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

53 months


May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	237	463	23.48	3.54	$7,204
Dec 1996	256	565	23.32	—	$5,970
Nov 1996	243	532	21.97	—	$5,339
Oct 1996	314	492	23.31	—	$7,319
Sep 1996	163	649	22.22	—	$3,622
Aug 1996	340	633	20.26	—	$6,888
Jul 1996	247	791	19.55	—	$4,829
Jun 1996	437	835	18.73	—	$8,185
May 1996	263	842	19.43	—	$5,110
Apr 1996	58	816	21.51	—	$1,248
Mar 1996	92	946	19.38	—	$1,783
Feb 1996	65	439	16.98	—	$1,104
Jan 1996	135	470	17.07	—	$2,304
Dec 1995	206	512	17.19	—	$3,541
Nov 1995	142	490	16.00	—	$2,272
Oct 1995	312	516	15.43	—	$4,814
Sep 1995	244	647	16.18	—	$3,948
Aug 1995	318	686	15.92	—	$5,063
Jul 1995	313	790	15.24	—	$4,770
Jun 1995	203	850	16.41	—	$3,331
May 1995	401	770	17.56	—	$7,042
Apr 1995	408	871	17.73	—	$7,234
Mar 1995	204	906	16.44	—	$3,354
Feb 1995	404	865	16.58	—	$6,698
Jan 1995	207	998	15.92	—	$3,295
Dec 1994	412	1,003	15.03	—	$6,192
Nov 1994	205	990	15.90	—	$3,260
Oct 1994	308	1,115	15.58	—	$4,799
Sep 1994	302	1,124	15.29	—	$4,618
Aug 1994	199	1,249	16.13	—	$3,210
Jul 1994	280	1,215	17.56	—	$4,917
Jun 1994	303	1,217	17.09	—	$5,178
May 1994	305	1,239	15.88	—	$4,843
Apr 1994	306	1,118	14.14	—	$4,327
Mar 1994	304	1,218	12.46	—	$3,788
Feb 1994	204	944	12.50	—	$2,550
Jan 1994	299	1,097	12.66	—	$3,785
Dec 1993	305	1,203	12.33	—	$3,761
Nov 1993	403	1,120	14.49	—	$5,839
Oct 1993	200	1,264	15.85	—	$3,170
Sep 1993	291	142	15.03	—	$4,374
Aug 1993	203	779	15.66	—	$3,179
Jul 1993	300	854	15.46	—	$4,638
Jun 1993	202	792	16.79	—	$3,392
May 1993	220	979	17.68	—	$3,890
Apr 1993	324	1,156	18.05	—	$5,848
Mar 1993	221	1,144	18.14	—	$4,009
Feb 1993	334	661	17.90	—	$5,979
Jan 1993	232	1,068	16.93	—	$3,928

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 1997 — as filed, then multipliedworked

Oil                  237 bbl  × $ 23.48 =     $5,565
Casinghead gas       463 Mcf  × $  3.54 =     $1,639

────────────────────────────────────────────────────
Month total                                   $7,204

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/19288 is the state's own key, not one this site invented.