PHILLIPS-UNIVERSITY

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

Operated by REMUDA OPERATING COMPANY (P-5 701606) in the BLOCK 17 field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20988District 08Field 09283001OilCasinghead gasSave Export

Value, all time

$707 k

Jan 1993 – May 2012

Value, last 12 filed months

at the published price for each month

Months reported

233

no gaps in the span

Streams

oil, casinghead gas

The BLOCK 17 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 4 leases and 6 wells, and the rule below applies to all of them.

Discovered

1955-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1991-02-01.

The Commission's schedule remark for this field reads: “RULES PERM. 01-28-91 8-95309”

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	25,318 bbl	$568,332
Casinghead gas	Production	69,581 Mcf	$138,658
Total			$706,990

35,591 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 31.6392, -103.2200. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.63922, -103.21998 · 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

5,222 ft

2 wells filed one

Completion to plug

28.8 years

median over 2 wells

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 5,176 and 5,268 ft, median 5,222 ft, over the 2 wells that filed a depth.

Completions filed

Aug 1968 – Jan 1992

2 of 2 wells

Plug dates filed

Jan 2009

2 of 2 wells

Last completion to plug: a median of 28.8 years across the 2 wells that filed both dates, with the middle half between 22.8 years and 34.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-47534094	2	5,268 ft	Jan 1992	Jan 2009	Yes
42-47511058	1	5,176 ft	Aug 1968	Jan 2009	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 (233)

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

233 months


May 2012	0	0	91.61	2.49	$0
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	0	0	96.87	3.24	$0
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	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
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	0	0	85.73	4.35	$0
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	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
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	0	0	54.74	3.93	$0
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	0	0	35.86	5.37	$0
Dec 2008	67	0	37.10	5.98	$2,486
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	59	55.10	8.22	$485
Jan 2007	0	55	50.30	6.73	$370
Dec 2006	0	45	56.65	6.92	$311
Nov 2006	0	20	54.20	7.62	$152
Oct 2006	166	125	54.90	6.01	$9,865
Sep 2006	0	132	60.08	5.04	$665
Aug 2006	0	50	68.71	7.34	$367
Jul 2006	0	135	69.37	6.34	$856
Jun 2006	165	157	66.28	6.38	$11,938
May 2006	0	152	66.01	6.42	$977
Apr 2006	0	151	64.39	7.36	$1,111
Mar 2006	157	151	56.70	7.08	$9,971
Feb 2006	0	143	57.59	7.75	$1,108
Jan 2006	166	168	60.59	8.93	$11,559
Dec 2005	0	166	54.94	13.42	$2,227
Nov 2005	169	204	54.69	10.59	$11,403
Oct 2005	0	238	58.34	13.80	$3,283
Sep 2005	165	271	61.45	12.08	$13,413
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	144	0	55.69	7.84	$8,019
Jun 2005	169	0	52.33	7.38	$8,844
May 2005	0	0	45.22	6.65	$0
Apr 2005	164	147	49.20	7.36	$9,151
Mar 2005	0	138	50.37	7.15	$987
Feb 2005	165	112	45.22	6.31	$8,168
Jan 2005	0	153	43.16	6.32	$967
Dec 2004	173	100	39.86	6.75	$7,571
Nov 2004	0	112	45.28	6.33	$709
Oct 2004	150	128	49.70	6.52	$8,289
Sep 2004	0	166	43.24	5.28	$877
Aug 2004	168	195	42.37	5.55	$8,201
Jul 2004	173	135	38.28	6.08	$7,444
Jun 2004	169	159	36.10	6.43	$7,124
May 2004	0	290	37.48	6.49	$1,883
Apr 2004	184	268	34.47	5.86	$7,913
Mar 2004	177	296	34.36	5.53	$7,719
Feb 2004	175	278	32.45	5.51	$7,210
Jan 2004	0	200	32.03	6.30	$1,260
Dec 2003	130	256	30.26	6.30	$5,547
Nov 2003	174	232	28.80	4.60	$6,077
Oct 2003	0	227	28.17	4.76	$1,080
Sep 2003	172	310	26.31	4.75	$5,998
Aug 2003	178	344	29.76	5.13	$7,062
Jul 2003	175	274	29.41	5.17	$6,564
Jun 2003	163	322	28.56	5.98	$6,582
May 2003	0	125	26.59	5.97	$747
Apr 2003	0	66	26.67	5.41	$357
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	177	100	33.48	7.93	$6,719
Jan 2003	177	393	30.31	5.58	$7,559
Dec 2002	0	386	26.91	4.85	$1,874
Nov 2002	181	190	24.66	4.14	$5,249
Oct 2002	0	227	26.46	4.23	$960
Sep 2002	178	198	27.44	3.64	$5,604
Aug 2002	0	10	25.96	3.16	$32
Jul 2002	0	326	24.58	3.06	$998
Jun 2002	178	355	23.73	3.34	$5,409
May 2002	0	399	24.66	3.58	$1,430
Apr 2002	176	369	23.65	3.51	$5,458
Mar 2002	0	432	22.00	3.10	$1,340
Feb 2002	177	428	18.22	2.38	$4,242
Jan 2002	175	540	17.17	2.38	$4,288
Dec 2001	0	493	16.93	2.36	$1,166
Nov 2001	180	419	18.07	2.41	$4,261
Oct 2001	0	262	19.78	2.53	$663
Sep 2001	174	304	24.26	2.25	$4,906
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	171	599	23.93	3.20	$6,007
Jun 2001	177	401	24.56	3.82	$5,881
May 2001	175	449	25.52	4.31	$6,400
Apr 2001	0	572	24.68	5.34	$3,052
Mar 2001	355	358	24.54	5.38	$10,636
Feb 2001	0	239	27.75	5.77	$1,378
Jan 2001	176	647	27.47	8.40	$10,269
Dec 2000	180	481	26.88	9.12	$9,226
Nov 2000	184	355	32.21	5.66	$7,935
Oct 2000	0	284	31.23	5.15	$1,461
Sep 2000	178	395	31.87	5.19	$7,722
Aug 2000	176	512	29.64	4.54	$7,542
Jul 2000	177	405	28.53	4.09	$6,706
Jun 2000	0	350	29.30	4.40	$1,539
May 2000	173	379	27.26	3.68	$6,111
Apr 2000	177	273	24.51	3.12	$5,189
Mar 2000	168	442	28.42	2.86	$6,039
Feb 2000	0	230	27.62	2.73	$627
Jan 2000	172	440	25.27	2.48	$5,438
Dec 1999	171	429	24.28	2.42	$5,192
Nov 1999	0	378	23.19	2.43	$920
Oct 1999	174	421	20.98	2.80	$4,831
Sep 1999	168	489	21.75	2.62	$4,935
Aug 1999	170	381	19.26	2.88	$4,370
Jul 1999	176	466	17.89	2.37	$4,254
Jun 1999	0	347	15.94	2.36	$820
May 1999	165	260	15.79	2.32	$3,209
Apr 1999	174	358	15.10	2.21	$3,418
Mar 1999	162	432	12.47	1.84	$2,814
Feb 1999	173	318	9.98	1.82	$2,305
Jan 1999	172	336	10.38	1.90	$2,424
Dec 1998	172	310	9.20	1.77	$2,132
Nov 1998	172	349	10.89	2.19	$2,636
Oct 1998	171	354	12.42	1.97	$2,821
Sep 1998	176	418	12.59	2.08	$3,086
Aug 1998	168	297	11.30	1.91	$2,465
Jul 1998	172	420	11.74	2.24	$2,959
Jun 1998	173	504	11.24	2.24	$3,072
May 1998	176	341	12.62	2.21	$2,973
Apr 1998	170	99	13.04	2.51	$2,465
Mar 1998	173	41	12.80	2.31	$2,309
Feb 1998	169	350	13.95	2.30	$3,162
Jan 1998	173	440	14.70	2.15	$3,491
Dec 1997	340	437	16.32	2.41	$6,602
Nov 1997	0	475	18.19	3.09	$1,467
Oct 1997	177	574	19.25	3.15	$5,215
Sep 1997	180	331	17.74	2.95	$4,171
Aug 1997	0	149	17.86	2.55	$381
Jul 1997	174	249	17.58	2.25	$3,618
Jun 1997	174	364	17.24	2.26	$3,821
May 1997	348	201	18.97	2.31	$7,066
Apr 1997	171	442	17.88	2.08	$3,978
Mar 1997	181	335	18.95	1.94	$4,080
Feb 1997	345	369	20.49	2.21	$7,883
Jan 1997	178	429	23.48	3.54	$5,698
Dec 1996	184	525	23.32	—	$4,291
Nov 1996	349	458	21.97	—	$7,668
Oct 1996	179	505	23.31	—	$4,172
Sep 1996	181	512	22.22	—	$4,022
Aug 1996	182	506	20.26	—	$3,687
Jul 1996	180	549	19.55	—	$3,519
Jun 1996	360	549	18.73	—	$6,743
May 1996	177	619	19.43	—	$3,439
Apr 1996	356	647	21.51	—	$7,658
Mar 1996	173	619	19.38	—	$3,353
Feb 1996	343	600	16.98	—	$5,824
Jan 1996	183	605	17.07	—	$3,124
Dec 1995	349	786	17.19	—	$5,999
Nov 1995	358	801	16.00	—	$5,728
Oct 1995	346	861	15.43	—	$5,339
Sep 1995	520	786	16.18	—	$8,414
Aug 1995	173	796	15.92	—	$2,754
Jul 1995	171	774	15.24	—	$2,606
Jun 1995	170	684	16.41	—	$2,790
May 1995	171	639	17.56	—	$3,003
Apr 1995	171	649	17.73	—	$3,032
Mar 1995	177	635	16.44	—	$2,910
Feb 1995	172	619	16.58	—	$2,852
Jan 1995	174	630	15.92	—	$2,770
Dec 1994	177	761	15.03	—	$2,660
Nov 1994	171	827	15.90	—	$2,719
Oct 1994	171	835	15.58	—	$2,664
Sep 1994	171	917	15.29	—	$2,615
Aug 1994	172	862	16.13	—	$2,774
Jul 1994	174	877	17.56	—	$3,055
Jun 1994	170	827	17.09	—	$2,905
May 1994	341	827	15.88	—	$5,415
Apr 1994	168	687	14.14	—	$2,376
Mar 1994	169	801	12.46	—	$2,106
Feb 1994	172	845	12.50	—	$2,150
Jan 1994	172	908	12.66	—	$2,178
Dec 1993	524	643	12.33	—	$6,461
Nov 1993	0	847	14.49	—	$0
Oct 1993	340	931	15.85	—	$5,389
Sep 1993	175	1,088	15.03	—	$2,630
Aug 1993	173	1,120	15.66	—	$2,709
Jul 1993	170	383	15.46	—	$2,628
Jun 1993	169	669	16.79	—	$2,838
May 1993	173	593	17.68	—	$3,059
Apr 1993	165	388	18.05	—	$2,978
Mar 1993	359	1,179	18.14	—	$6,512
Feb 1993	169	1,039	17.90	—	$3,025
Jan 1993	366	1,383	16.93	—	$6,196

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.

Dec 2008 — as filed, then multipliedworked

Oil                   67 bbl  × $ 37.10 =     $2,486
Casinghead gas         0 Mcf  × $  5.98 =         $0

────────────────────────────────────────────────────
Month total                                   $2,486

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/20988 is the state's own key, not one this site invented.