STATE UNIVERSITY -DF-

Name: STATE UNIVERSITY -DF- 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 19750District 08Field 56082500OilCasinghead gasSave Export

Value, all time

$199 k

Jan 1993 – May 1997

Value, last 12 filed months

$48 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.

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	11,286 bbl	$198,180
Casinghead gas	Production	28,043 Mcf	$1,090
Total			$199,270

27,735 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 (1)

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 32.4738, -102.1956. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47383, -102.19564 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,615 ft

1 wells filed one

Completion to plug

5.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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

The one well that filed a depth was drilled to 8,615 ft.

Completions filed

Jun 1997

1 of 1 wells

Plug dates filed

Dec 2002

1 of 1 wells

Last completion to plug: a median of 5.5 years across the 1 well that filed both dates, with the middle half between 5.5 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31710095	1	8,615 ft	Jun 1997	Dec 2002	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	235	308	23.48	3.54	$6,608
Dec 1996	253	376	23.32	—	$5,900
Nov 1996	237	355	21.97	—	$5,207
Oct 1996	307	328	23.31	—	$7,156
Sep 1996	161	433	22.22	—	$3,577
Aug 1996	331	422	20.26	—	$6,706
Jul 1996	261	527	19.55	—	$5,103
Jun 1996	409	556	18.73	—	$7,661
May 1996	400	562	19.43	—	$7,772
Apr 1996	460	544	21.51	—	$9,895
Mar 1996	758	631	19.38	—	$14,690
Feb 1996	102	293	16.98	—	$1,732
Jan 1996	206	314	17.07	—	$3,516
Dec 1995	303	342	17.19	—	$5,209
Nov 1995	201	327	16.00	—	$3,216
Oct 1995	375	344	15.43	—	$5,786
Sep 1995	260	431	16.18	—	$4,207
Aug 1995	184	458	15.92	—	$2,929
Jul 1995	191	506	15.24	—	$2,911
Jun 1995	135	567	16.41	—	$2,215
May 1995	267	513	17.56	—	$4,689
Apr 1995	272	580	17.73	—	$4,823
Mar 1995	136	604	16.44	—	$2,236
Feb 1995	269	577	16.58	—	$4,460
Jan 1995	138	666	15.92	—	$2,197
Dec 1994	275	668	15.03	—	$4,133
Nov 1994	136	660	15.90	—	$2,162
Oct 1994	206	745	15.58	—	$3,209
Sep 1994	202	749	15.29	—	$3,089
Aug 1994	132	831	16.13	—	$2,129
Jul 1994	188	810	17.56	—	$3,301
Jun 1994	202	813	17.09	—	$3,452
May 1994	202	851	15.88	—	$3,208
Apr 1994	203	746	14.14	—	$2,870
Mar 1994	203	813	12.46	—	$2,529
Feb 1994	136	617	12.50	—	$1,700
Jan 1994	200	735	12.66	—	$2,532
Dec 1993	203	801	12.33	—	$2,503
Nov 1993	269	747	14.49	—	$3,898
Oct 1993	133	843	15.85	—	$2,108
Sep 1993	194	94	15.03	—	$2,916
Aug 1993	135	520	15.66	—	$2,114
Jul 1993	200	569	15.46	—	$3,092
Jun 1993	134	528	16.79	—	$2,250
May 1993	146	653	17.68	—	$2,581
Apr 1993	215	771	18.05	—	$3,881
Mar 1993	146	762	18.14	—	$2,648
Feb 1993	221	441	17.90	—	$3,956
Jan 1993	154	712	16.93	—	$2,607

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                  235 bbl  × $ 23.48 =     $5,518
Casinghead gas       308 Mcf  × $  3.54 =     $1,090

────────────────────────────────────────────────────
Month total                                   $6,608

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/19750 is the state's own key, not one this site invented.