TEXAS UNIVERSITY SEC. 6

Name: TEXAS UNIVERSITY SEC. 6 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VANGUARD PERMIAN, LLC (P-5 881579) in the DUNE (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21480District 08Field 26538830Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Jun 2013

Value, last 12 filed months

at the published price for each month

Months reported

246

no gaps in the span

Streams

oil, casinghead gas

The DUNE (WOLFCAMP) 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 18 leases and 39 wells, and the rule below applies to all of them.

Discovered

1957-05-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

550 ft

minimum

A drilling unit in this field needs at least 160 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.

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	51,363 bbl	$1,034,038
Casinghead gas	Production	52,032 Mcf	$39,398
Total			$1,073,436

44,153 Mcf of this lease's gas, across 47 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 31.5297, -102.4302. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.52970, -102.43019 · 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

7,605 ft

2 wells filed one

Completion to plug

20.8 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 7,410 and 7,800 ft, median 7,605 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1970 – Jul 1986

2 of 2 wells

Plug dates filed

Oct 1985 – Mar 2013

2 of 2 wells

Last completion to plug: a median of 20.8 years across the 2 wells that filed both dates, with the middle half between 17.8 years and 23.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-10303663	1	7,800 ft	Jul 1986	Mar 2013	Yes
42-10330339	39	7,410 ft	Dec 1970	Oct 1985	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 (246)

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

246 months


Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
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	167	0	73.58	5.44	$12,288
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	164	0	66.16	3.90	$10,850
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	0	0	37.10	5.98	$0
Nov 2008	174	0	55.49	6.86	$9,655
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	168	0	131.33	13.03	$22,063
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	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	3	54.90	6.01	$18
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	130	0	66.01	6.42	$8,581
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	22	56.70	7.08	$156
Feb 2006	178	24	57.59	7.75	$10,437
Jan 2006	0	29	60.59	8.93	$259
Dec 2005	0	30	54.94	13.42	$402
Nov 2005	180	56	54.69	10.59	$10,437
Oct 2005	174	65	58.34	13.80	$11,048
Sep 2005	0	59	61.45	12.08	$713
Aug 2005	173	61	61.51	9.80	$11,239
Jul 2005	0	53	55.69	7.84	$416
Jun 2005	0	36	52.33	7.38	$266
May 2005	172	55	45.22	6.65	$8,144
Apr 2005	180	54	49.20	7.36	$9,253
Mar 2005	0	65	50.37	7.15	$465
Feb 2005	174	40	45.22	6.31	$8,121
Jan 2005	0	44	43.16	6.32	$278
Dec 2004	179	50	39.86	6.75	$7,472
Nov 2004	0	61	45.28	6.33	$386
Oct 2004	175	166	49.70	6.52	$9,779
Sep 2004	166	189	43.24	5.28	$8,177
Aug 2004	172	310	42.37	5.55	$9,008
Jul 2004	0	338	38.28	6.08	$2,056
Jun 2004	177	321	36.10	6.43	$8,455
May 2004	0	397	37.48	6.49	$2,578
Apr 2004	0	322	34.47	5.86	$1,886
Mar 2004	173	219	34.36	5.53	$7,155
Feb 2004	0	210	32.45	5.51	$1,157
Jan 2004	174	199	32.03	6.30	$6,827
Dec 2003	0	181	30.26	6.30	$1,141
Nov 2003	157	189	28.80	4.60	$5,390
Oct 2003	176	193	28.17	4.76	$5,877
Sep 2003	0	206	26.31	4.75	$978
Aug 2003	350	231	29.76	5.13	$11,601
Jul 2003	172	199	29.41	5.17	$6,088
Jun 2003	0	27	28.56	5.98	$162
May 2003	170	141	26.59	5.97	$5,362
Apr 2003	0	93	26.67	5.41	$503
Mar 2003	171	101	31.14	6.10	$5,941
Feb 2003	0	123	33.48	7.93	$975
Jan 2003	165	0	30.31	5.58	$5,001
Dec 2002	165	169	26.91	4.85	$5,260
Nov 2002	0	75	24.66	4.14	$310
Oct 2002	173	68	26.46	4.23	$4,865
Sep 2002	0	115	27.44	3.64	$418
Aug 2002	167	136	25.96	3.16	$4,766
Jul 2002	172	34	24.58	3.06	$4,332
Jun 2002	0	0	23.73	3.34	$0
May 2002	348	0	24.66	3.58	$8,582
Apr 2002	173	0	23.65	3.51	$4,091
Mar 2002	171	0	22.00	3.10	$3,762
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	182	0	17.17	2.38	$3,125
Dec 2001	183	0	16.93	2.36	$3,098
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	162	0	19.78	2.53	$3,204
Sep 2001	166	0	24.26	2.25	$4,027
Aug 2001	325	0	24.87	3.05	$8,083
Jul 2001	167	0	23.93	3.20	$3,996
Jun 2001	355	0	24.56	3.82	$8,719
May 2001	0	0	25.52	4.31	$0
Apr 2001	336	0	24.68	5.34	$8,292
Mar 2001	170	0	24.54	5.38	$4,172
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	167	0	31.23	5.15	$5,215
Sep 2000	171	0	31.87	5.19	$5,450
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	170	0	27.26	3.68	$4,634
Apr 2000	321	0	24.51	3.12	$7,868
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	171	0	27.62	2.73	$4,723
Jan 2000	167	0	25.27	2.48	$4,220
Dec 1999	170	0	24.28	2.42	$4,128
Nov 1999	171	0	23.19	2.43	$3,965
Oct 1999	346	0	20.98	2.80	$7,259
Sep 1999	340	0	21.75	2.62	$7,395
Aug 1999	173	0	19.26	2.88	$3,332
Jul 1999	342	0	17.89	2.37	$6,118
Jun 1999	342	0	15.94	2.36	$5,451
May 1999	339	0	15.79	2.32	$5,353
Apr 1999	356	0	15.10	2.21	$5,376
Mar 1999	174	0	12.47	1.84	$2,170
Feb 1999	173	0	9.98	1.82	$1,727
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	338	0	9.20	1.77	$3,110
Nov 1998	348	0	10.89	2.19	$3,790
Oct 1998	337	0	12.42	1.97	$4,186
Sep 1998	346	0	12.59	2.08	$4,356
Aug 1998	341	0	11.30	1.91	$3,853
Jul 1998	485	0	11.74	2.24	$5,694
Jun 1998	323	0	11.24	2.24	$3,631
May 1998	328	0	12.62	2.21	$4,139
Apr 1998	518	0	13.04	2.51	$6,755
Mar 1998	166	0	12.80	2.31	$2,125
Feb 1998	506	0	13.95	2.30	$7,059
Jan 1998	481	0	14.70	2.15	$7,071
Dec 1997	467	0	16.32	2.41	$7,621
Nov 1997	841	9	18.19	3.09	$15,326
Oct 1997	320	13	19.25	3.15	$6,201
Sep 1997	830	11	17.74	2.95	$14,757
Aug 1997	333	9	17.86	2.55	$5,970
Jul 1997	301	23	17.58	2.25	$5,343
Jun 1997	470	66	17.24	2.26	$8,252
May 1997	325	101	18.97	2.31	$6,398
Apr 1997	342	279	17.88	2.08	$6,696
Mar 1997	650	727	18.95	1.94	$13,727
Feb 1997	589	641	20.49	2.21	$13,483
Jan 1997	319	241	23.48	3.54	$8,343
Dec 1996	346	30	23.32	—	$8,069
Nov 1996	358	712	21.97	—	$7,865
Oct 1996	530	859	23.31	—	$12,354
Sep 1996	703	935	22.22	—	$15,621
Aug 1996	696	1,367	20.26	—	$14,101
Jul 1996	689	1,358	19.55	—	$13,470
Jun 1996	352	750	18.73	—	$6,593
May 1996	696	1,198	19.43	—	$13,523
Apr 1996	854	1,057	21.51	—	$18,370
Mar 1996	636	1,009	19.38	—	$12,326
Feb 1996	173	989	16.98	—	$2,938
Jan 1996	694	0	17.07	—	$11,847
Dec 1995	691	1,024	17.19	—	$11,878
Nov 1995	635	1,057	16.00	—	$10,160
Oct 1995	330	1,110	15.43	—	$5,092
Sep 1995	829	1,102	16.18	—	$13,413
Aug 1995	170	677	15.92	—	$2,706
Jul 1995	341	351	15.24	—	$5,197
Jun 1995	714	795	16.41	—	$11,717
May 1995	515	842	17.56	—	$9,043
Apr 1995	343	719	17.73	—	$6,081
Mar 1995	688	826	16.44	—	$11,311
Feb 1995	997	1,002	16.58	—	$16,530
Jan 1995	681	840	15.92	—	$10,842
Dec 1994	684	996	15.03	—	$10,281
Nov 1994	342	929	15.90	—	$5,438
Oct 1994	981	1,002	15.58	—	$15,284
Sep 1994	335	942	15.29	—	$5,122
Aug 1994	671	933	16.13	—	$10,823
Jul 1994	678	974	17.56	—	$11,906
Jun 1994	863	1,060	17.09	—	$14,749
May 1994	683	1,056	15.88	—	$10,846
Apr 1994	676	1,060	14.14	—	$9,559
Mar 1994	692	1,050	12.46	—	$8,622
Feb 1994	689	893	12.50	—	$8,613
Jan 1994	708	964	12.66	—	$8,963
Dec 1993	854	857	12.33	—	$10,530
Nov 1993	169	972	14.49	—	$2,449
Oct 1993	831	1,728	15.85	—	$13,171
Sep 1993	341	1,052	15.03	—	$5,125
Aug 1993	698	885	15.66	—	$10,931
Jul 1993	687	382	15.46	—	$10,621
Jun 1993	727	480	16.79	—	$12,206
May 1993	705	1,053	17.68	—	$12,464
Apr 1993	703	1,099	18.05	—	$12,689
Mar 1993	345	846	18.14	—	$6,258
Feb 1993	742	1,098	17.90	—	$13,282
Jan 1993	475	1,233	16.93	—	$8,042

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.

Feb 2010 — as filed, then multipliedworked

Oil                  167 bbl  × $ 73.58 =    $12,288
Casinghead gas         0 Mcf  × $  5.44 =         $0

────────────────────────────────────────────────────
Month total                                  $12,288

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/21480 is the state's own key, not one this site invented.