UNIVERSITY -7-

Name: UNIVERSITY -7- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TAMARACK PETROLEUM COMPANY, INC. (P-5 835630) in the MAGUTEX (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20152District 08Field 56822125Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.7 M

Jan 1993 – Jun 2015

Value, last 12 filed months

$79 k

at the published price for each month

Months reported

270

no gaps in the span

Streams

oil, casinghead gas

The MAGUTEX (DEVONIAN) 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 37 leases and 119 wells, and the rule below applies to all of them.

Discovered

1953-04-18

as the register files it

Field class

Oil

the register's own label

Between wells

1,220 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 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: “SEE FIELD RULES FOR CASING REQUIREMENTS.”

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	78,738 bbl	$2,675,286
Casinghead gas	Production	47,970 Mcf	$60,261
Total			$2,735,548

29,090 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 32.4697, -102.4088. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46972, -102.40880 · 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

12,616 ft

1 wells filed one

Completion to plug

—

no well filed both dates

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 12,616 ft.

Plug dates filed

Mar 2015

1 of 1 wells

1 well


42-00310775	2	12,616 ft	—	Mar 2015	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 (270)

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

270 months


Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	7	0	42.89	2.93	$300
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	258	0	54.69	3.59	$14,110
Nov 2014	0	30	70.46	4.25	$128
Oct 2014	189	30	78.30	3.90	$14,916
Sep 2014	181	30	86.16	4.05	$15,716
Aug 2014	184	30	89.39	4.04	$16,569
Jul 2014	181	30	96.56	4.18	$17,603
Jun 2014	173	30	98.16	4.74	$17,124
May 2014	189	30	94.73	4.73	$18,046
Apr 2014	1	30	95.94	4.81	$240
Mar 2014	181	30	95.89	5.06	$17,508
Feb 2014	189	30	97.40	6.19	$18,594
Jan 2014	167	30	90.40	4.86	$15,243
Dec 2013	187	30	91.82	4.35	$17,301
Nov 2013	0	30	88.85	3.74	$112
Oct 2013	188	30	97.42	3.78	$18,428
Sep 2013	175	30	104.11	3.72	$18,331
Aug 2013	185	30	104.25	3.52	$19,392
Jul 2013	176	30	102.52	3.72	$18,155
Jun 2013	1	30	94.40	3.93	$212
May 2013	10	30	94.83	4.15	$1,073
Apr 2013	177	30	93.96	4.28	$16,759
Mar 2013	170	30	93.62	3.91	$16,033
Feb 2013	191	30	91.23	3.42	$17,528
Jan 2013	193	30	91.60	3.42	$17,781
Dec 2012	175	30	86.77	3.42	$15,287
Nov 2012	2	30	86.95	3.62	$283
Oct 2012	173	30	89.38	3.40	$15,565
Sep 2012	0	30	94.67	2.92	$88
Aug 2012	355	30	92.66	2.91	$32,982
Jul 2012	179	30	85.13	3.02	$15,329
Jun 2012	1	30	79.82	2.52	$155
May 2012	182	30	91.61	2.49	$16,748
Apr 2012	341	30	101.65	2.00	$34,723
Mar 2012	189	30	105.05	2.22	$19,921
Feb 2012	171	30	101.10	2.57	$17,365
Jan 2012	2	30	98.09	2.73	$278
Dec 2011	197	30	96.87	3.24	$19,181
Nov 2011	155	30	95.72	3.31	$14,936
Oct 2011	172	30	84.98	3.65	$14,726
Sep 2011	192	30	83.62	3.99	$16,175
Aug 2011	186	30	83.40	4.15	$15,637
Jul 2011	180	30	94.14	4.52	$17,081
Jun 2011	0	30	92.90	4.64	$139
May 2011	170	30	98.13	4.40	$16,814
Apr 2011	365	30	105.96	4.33	$38,805
Mar 2011	2	30	96.36	4.06	$314
Feb 2011	172	30	85.64	4.18	$14,855
Jan 2011	171	30	86.50	4.59	$14,929
Dec 2010	172	30	85.73	4.35	$14,876
Nov 2010	180	30	80.84	3.80	$14,665
Oct 2010	177	30	78.10	3.51	$13,929
Sep 2010	166	30	72.63	3.98	$12,176
Aug 2010	180	30	73.68	4.42	$13,395
Jul 2010	184	30	72.55	4.74	$13,491
Jun 2010	181	30	70.36	4.91	$12,882
May 2010	182	30	71.12	4.24	$13,071
Apr 2010	183	30	81.69	4.12	$15,073
Mar 2010	186	30	78.39	4.39	$14,712
Feb 2010	164	30	73.58	5.44	$12,230
Jan 2010	178	30	74.36	5.96	$13,415
Dec 2009	177	30	71.44	5.48	$12,809
Nov 2009	176	30	74.59	3.75	$13,240
Oct 2009	0	30	72.54	4.11	$123
Sep 2009	180	30	65.54	3.06	$11,889
Aug 2009	177	30	67.42	3.22	$12,030
Jul 2009	166	30	61.13	3.46	$10,252
Jun 2009	175	30	66.16	3.90	$11,695
May 2009	354	30	54.74	3.93	$19,496
Apr 2009	0	30	46.77	3.59	$108
Mar 2009	178	30	42.14	4.06	$7,623
Feb 2009	180	30	32.81	4.63	$6,045
Jan 2009	177	30	35.86	5.37	$6,508
Dec 2008	182	30	37.10	5.98	$6,932
Nov 2008	182	30	55.49	6.86	$10,305
Oct 2008	181	30	75.24	6.92	$13,826
Sep 2008	182	30	101.76	7.88	$18,757
Aug 2008	354	30	114.22	8.48	$40,688
Jul 2008	1	30	131.08	11.39	$473
Jun 2008	180	30	131.33	13.03	$24,030
May 2008	174	30	123.17	11.57	$21,779
Apr 2008	176	30	110.31	10.45	$19,728
Mar 2008	170	30	101.90	9.66	$17,613
Feb 2008	186	30	92.53	8.77	$17,474
Jan 2008	1	30	90.38	8.21	$337
Dec 2007	181	30	88.33	7.30	$16,207
Nov 2007	2	30	91.67	7.29	$402
Oct 2007	360	30	82.85	6.92	$30,034
Sep 2007	177	30	75.84	6.24	$13,611
Aug 2007	1	30	69.06	6.39	$261
Jul 2007	323	30	70.90	6.39	$23,092
Jun 2007	178	30	62.00	7.55	$11,262
May 2007	181	30	58.74	7.85	$10,867
Apr 2007	172	30	59.61	7.81	$10,487
Mar 2007	182	30	56.92	7.30	$10,579
Feb 2007	1	30	55.10	8.22	$302
Jan 2007	183	30	50.30	6.73	$9,407
Dec 2006	357	30	56.65	6.92	$20,432
Nov 2006	176	30	54.20	7.62	$9,768
Oct 2006	353	30	54.90	6.01	$19,560
Sep 2006	2	30	60.08	5.04	$271
Aug 2006	181	30	68.71	7.34	$12,657
Jul 2006	176	30	69.37	6.34	$12,399
Jun 2006	171	30	66.28	6.38	$11,525
May 2006	169	30	66.01	6.42	$11,348
Apr 2006	352	30	64.39	7.36	$22,886
Mar 2006	181	30	56.70	7.08	$10,475
Feb 2006	183	30	57.59	7.75	$10,772
Jan 2006	184	30	60.59	8.93	$11,417
Dec 2005	174	30	54.94	13.42	$9,962
Nov 2005	355	30	54.69	10.59	$19,733
Oct 2005	173	30	58.34	13.80	$10,507
Sep 2005	188	30	61.45	12.08	$11,915
Aug 2005	179	30	61.51	9.80	$11,304
Jul 2005	353	30	55.69	7.84	$19,894
Jun 2005	172	30	52.33	7.38	$9,222
May 2005	173	30	45.22	6.65	$8,023
Apr 2005	179	30	49.20	7.36	$9,028
Mar 2005	180	30	50.37	7.15	$9,281
Feb 2005	351	30	45.22	6.31	$16,062
Jan 2005	344	30	43.16	6.32	$15,037
Dec 2004	186	30	39.86	6.75	$7,616
Nov 2004	185	30	45.28	6.33	$8,567
Oct 2004	177	30	49.70	6.52	$8,992
Sep 2004	177	30	43.24	5.28	$7,812
Aug 2004	356	30	42.37	5.55	$15,250
Jul 2004	178	30	38.28	6.08	$6,996
Jun 2004	181	30	36.10	6.43	$6,727
May 2004	178	30	37.48	6.49	$6,866
Apr 2004	359	30	34.47	5.86	$12,550
Mar 2004	178	30	34.36	5.53	$6,282
Feb 2004	185	30	32.45	5.51	$6,169
Jan 2004	349	30	32.03	6.30	$11,367
Dec 2003	353	30	30.26	6.30	$10,871
Nov 2003	1	30	28.80	4.60	$167
Oct 2003	372	30	28.17	4.76	$10,622
Sep 2003	179	30	26.31	4.75	$4,852
Aug 2003	173	30	29.76	5.13	$5,302
Jul 2003	181	30	29.41	5.17	$5,478
Jun 2003	342	30	28.56	5.98	$9,947
May 2003	180	30	26.59	5.97	$4,965
Apr 2003	177	30	26.67	5.41	$4,883
Mar 2003	184	30	31.14	6.10	$5,913
Feb 2003	365	30	33.48	7.93	$12,458
Jan 2003	371	30	30.31	5.58	$11,412
Dec 2002	4	30	26.91	4.85	$253
Nov 2002	363	30	24.66	4.14	$9,076
Oct 2002	0	30	26.46	4.23	$127
Sep 2002	359	30	27.44	3.64	$9,960
Aug 2002	360	30	25.96	3.16	$9,441
Jul 2002	0	30	24.58	3.06	$92
Jun 2002	350	30	23.73	3.34	$8,406
May 2002	349	30	24.66	3.58	$8,714
Apr 2002	0	30	23.65	3.51	$105
Mar 2002	15	30	22.00	3.10	$423
Feb 2002	0	30	18.22	2.38	$71
Jan 2002	175	30	17.17	2.38	$3,076
Dec 2001	163	30	16.93	2.36	$2,831
Nov 2001	333	30	18.07	2.41	$6,089
Oct 2001	0	30	19.78	2.53	$76
Sep 2001	353	30	24.26	2.25	$8,631
Aug 2001	0	30	24.87	3.05	$92
Jul 2001	338	30	23.93	3.20	$8,184
Jun 2001	0	30	24.56	3.82	$115
May 2001	133	30	25.52	4.31	$3,523
Apr 2001	348	30	24.68	5.34	$8,749
Mar 2001	472	30	24.54	5.38	$11,744
Feb 2001	0	30	27.75	5.77	$173
Jan 2001	0	30	27.47	8.40	$252
Dec 2000	350	30	26.88	9.12	$9,682
Nov 2000	0	30	32.21	5.66	$170
Oct 2000	463	30	31.23	5.15	$14,614
Sep 2000	0	30	31.87	5.19	$156
Aug 2000	0	30	29.64	4.54	$136
Jul 2000	383	30	28.53	4.09	$11,050
Jun 2000	1	30	29.30	4.40	$161
May 2000	433	30	27.26	3.68	$11,914
Apr 2000	0	30	24.51	3.12	$93
Mar 2000	366	30	28.42	2.86	$10,488
Feb 2000	0	30	27.62	2.73	$82
Jan 2000	398	62	25.27	2.48	$10,211
Dec 1999	0	103	24.28	2.42	$250
Nov 1999	0	72	23.19	2.43	$175
Oct 1999	0	63	20.98	2.80	$177
Sep 1999	0	36	21.75	2.62	$94
Aug 1999	0	39	19.26	2.88	$112
Jul 1999	0	33	17.89	2.37	$78
Jun 1999	461	226	15.94	2.36	$7,882
May 1999	372	444	15.79	2.32	$6,904
Apr 1999	878	422	15.10	2.21	$14,190
Mar 1999	410	432	12.47	1.84	$5,907
Feb 1999	467	378	9.98	1.82	$5,348
Jan 1999	794	414	10.38	1.90	$9,028
Dec 1998	469	64	9.20	1.77	$4,428
Nov 1998	478	128	10.89	2.19	$5,485
Oct 1998	365	141	12.42	1.97	$4,811
Sep 1998	461	430	12.59	2.08	$6,700
Aug 1998	474	503	11.30	1.91	$6,316
Jul 1998	833	494	11.74	2.24	$10,885
Jun 1998	466	473	11.24	2.24	$6,296
May 1998	744	534	12.62	2.21	$10,567
Apr 1998	701	474	13.04	2.51	$10,329
Mar 1998	463	517	12.80	2.31	$7,120
Feb 1998	473	365	13.95	2.30	$7,438
Jan 1998	468	458	14.70	2.15	$7,866
Dec 1997	477	466	16.32	2.41	$8,908
Nov 1997	948	474	18.19	3.09	$18,708
Oct 1997	469	506	19.25	3.15	$10,622
Sep 1997	473	433	17.74	2.95	$9,670
Aug 1997	866	549	17.86	2.55	$16,869
Jul 1997	451	560	17.58	2.25	$9,187
Jun 1997	910	559	17.24	2.26	$16,950
May 1997	471	577	18.97	2.31	$10,267
Apr 1997	787	529	17.88	2.08	$15,173
Mar 1997	707	555	18.95	1.94	$14,474
Feb 1997	689	488	20.49	2.21	$15,194
Jan 1997	459	539	23.48	3.54	$12,685
Dec 1996	908	524	23.32	—	$21,175
Nov 1996	402	432	21.97	—	$8,832
Oct 1996	860	473	23.31	—	$20,047
Sep 1996	472	512	22.22	—	$10,488
Aug 1996	470	557	20.26	—	$9,522
Jul 1996	937	540	19.55	—	$18,318
Jun 1996	476	527	18.73	—	$8,915
May 1996	926	580	19.43	—	$17,992
Apr 1996	456	610	21.51	—	$9,809
Mar 1996	932	614	19.38	—	$18,062
Feb 1996	462	550	16.98	—	$7,845
Jan 1996	925	582	17.07	—	$15,790
Dec 1995	451	257	17.19	—	$7,753
Nov 1995	467	441	16.00	—	$7,472
Oct 1995	468	490	15.43	—	$7,221
Sep 1995	467	490	16.18	—	$7,556
Aug 1995	929	447	15.92	—	$14,790
Jul 1995	395	488	15.24	—	$6,020
Jun 1995	451	430	16.41	—	$7,401
May 1995	910	395	17.56	—	$15,980
Apr 1995	468	424	17.73	—	$8,298
Mar 1995	465	382	16.44	—	$7,645
Feb 1995	457	345	16.58	—	$7,577
Jan 1995	470	344	15.92	—	$7,482
Dec 1994	467	378	15.03	—	$7,019
Nov 1994	941	379	15.90	—	$14,962
Oct 1994	475	426	15.58	—	$7,401
Sep 1994	463	420	15.29	—	$7,079
Aug 1994	461	465	16.13	—	$7,436
Jul 1994	461	450	17.56	—	$8,095
Jun 1994	920	424	17.09	—	$15,723
May 1994	473	412	15.88	—	$7,511
Apr 1994	462	382	14.14	—	$6,533
Mar 1994	939	641	12.46	—	$11,700
Feb 1994	469	589	12.50	—	$5,863
Jan 1994	458	854	12.66	—	$5,798
Dec 1993	457	864	12.33	—	$5,635
Nov 1993	939	933	14.49	—	$13,606
Oct 1993	456	890	15.85	—	$7,228
Sep 1993	480	1,406	15.03	—	$7,214
Aug 1993	887	1,114	15.66	—	$13,890
Jul 1993	469	814	15.46	—	$7,251
Jun 1993	475	1,138	16.79	—	$7,975
May 1993	468	1,289	17.68	—	$8,274
Apr 1993	479	937	18.05	—	$8,646
Mar 1993	928	897	18.14	—	$16,834
Feb 1993	469	821	17.90	—	$8,395
Jan 1993	484	733	16.93	—	$8,194

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.

Mar 2015 — as filed, then multipliedworked

Oil                    7 bbl  × $ 42.89 =       $300
Casinghead gas         0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                     $300

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/20152 is the state's own key, not one this site invented.