UNIVERSITY -BB-

Operated by OCTANE ENERGY OPERATING, LLC (P-5 618148) in the GOLDSMITH, N. (SAN ANDRES, CON.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21698District 08Field 35654664Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 278 leases and 717 wells, and the rule below applies to all of them.

Discovered
1964-06-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2011-05-09.

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: PER DOCKET 08-0269423 SPACING,DENSITY, AND ALLOCATION AMENDED.

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.

StreamBasisVolumeValue
OilDisposition27,433 bbl$906,676
Casinghead gasProduction25,121 Mcf$117,844
Total$1,024,519

46 Mcf of this lease's gas, across 46 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 (3)

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 32.1105, -102.7543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.11096, -102.75453 · centre of the wells drawn, derived

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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
5,801 ft
3 wells filed one
Completion to plug
38.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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 5,800 and 7,930 ft, median 5,801 ft, over the 3 wells that filed a depth.

Completions filed
Nov 1970 – Oct 2022
3 of 3 wells
Plug dates filed
Sep 2017
2 of 3 wells; 1 filed none

Last completion to plug: a median of 38.4 years across the 2 wells that filed both dates, with the middle half between 34.3 years and 42.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-0030462837,930 ftOct 2022
42-0030455625,801 ftSep 1987Sep 2017Yes
42-0030463515,800 ftNov 1970Sep 2017Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202222641187.185.86$22,113
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021188071.323.90$13,408
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021175066.024.22$11,554
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020182037.091.99$6,750
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020176034.901.69$6,142
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019165059.012.30$9,737
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019169055.052.66$9,303
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019167058.482.74$9,766
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019183046.033.23$8,423
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018175059.403.07$10,395
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20182062.874.01$126
Dec 20170057.272.92$0
Nov 2017173055.423.12$9,588
Oct 20171049.292.98$49
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017178047.933.21$8,532
Mar 20171046.772.98$47
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20162048.763.72$98
Nov 20160042.492.64$0
Oct 2016174046.193.09$8,037
Sep 20161041.553.10$42
Aug 2016181041.442.92$7,501
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201604142.521.99$82
Apr 2016013236.561.99$263
Mar 2016017833.011.79$319
Feb 20161719826.472.06$4,729
Jan 20160627.352.36$14
Dec 20150232.362.00$4
Nov 20150338.792.17$7
Oct 201501743.552.43$41
Sep 20150442.992.76$11
Aug 20150440.162.87$11
Jul 20150548.152.95$15
Jun 201502356.152.88$66
May 20150055.212.96$0
Apr 20150849.822.71$22
Mar 2015153642.892.93$6,580
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014143070.464.25$10,076
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014180089.394.04$16,090
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014180094.734.73$17,051
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20131774188.853.74$15,880
Oct 20131754197.423.78$17,203
Sep 20130284104.113.72$1,056
Aug 20130368104.253.52$1,296
Jul 20130106102.523.72$394
Jun 201304694.403.93$181
May 201318121094.834.15$18,036
Apr 2013016793.964.28$715
Mar 2013018193.623.91$708
Feb 2013012391.233.42$421
Jan 2013014491.603.42$492
Dec 201218718186.773.42$16,845
Nov 2012015586.953.62$562
Oct 20120889.383.40$27
Sep 20120094.672.92$0
Aug 20120192.662.91$3
Jul 20121723485.133.02$14,745
Jun 201201979.822.52$48
May 201202991.612.49$72
Apr 20120125101.652.00$250
Mar 20120133105.052.22$296
Feb 2012113160101.102.57$11,836
Jan 201218315398.092.73$18,369
Dec 2011013396.873.24$431
Nov 201106795.723.31$222
Oct 201101384.983.65$47
Sep 201117713383.623.99$15,331
Aug 2011011883.404.15$490
Jul 201106494.144.52$289
Jun 20110092.904.64$0
May 20111819998.134.40$18,198
Apr 20110118105.964.33$511
Mar 201101996.364.06$77
Feb 201104585.644.18$188
Jan 201109986.504.59$454
Dec 201007185.734.35$309
Nov 201017811280.843.80$14,815
Oct 2010011978.103.51$418
Sep 2010011972.633.98$474
Aug 2010013773.684.42$605
Jul 2010013272.554.74$625
Jun 2010011870.364.91$579
May 201017414271.124.24$12,976
Apr 2010012481.694.12$511
Mar 201018014778.394.39$14,755
Feb 201009673.585.44$522
Jan 2010012874.365.96$763
Dec 2009013671.445.48$746
Nov 2009013974.593.75$521
Oct 200917810172.544.11$13,327
Sep 2009012965.543.06$395
Aug 200916113867.423.22$11,299
Jul 200908761.133.46$301
Jun 20090766.163.90$27
May 2009017554.743.93$687
Apr 2009016746.773.59$599
Mar 200902142.144.06$85
Feb 20090032.814.63$0
Jan 200909535.865.37$510
Dec 200818912037.105.98$7,729
Nov 2008011055.496.86$755
Oct 200809675.246.92$665
Sep 20080106101.767.88$835
Aug 2008014114.228.48$119
Jul 2008092131.0811.39$1,048
Jun 20080112131.3313.03$1,460
May 20080118123.1711.57$1,366
Apr 20080173110.3110.45$1,809
Mar 2008177172101.909.66$19,699
Feb 2008014892.538.77$1,298
Jan 2008015590.388.21$1,272
Dec 2007015788.337.30$1,146
Nov 200716715291.677.29$16,417
Oct 2007015782.856.92$1,087
Sep 2007012675.846.24$787
Aug 200717916869.066.39$13,435
Jul 2007015370.906.39$977
Jun 2007012562.007.55$944
May 2007016258.747.85$1,271
Apr 200717016059.617.81$11,383
Mar 2007014856.927.30$1,081
Feb 2007014255.108.22$1,167
Jan 200718615350.306.73$10,385
Dec 2006016756.656.92$1,155
Nov 2006011254.207.62$853
Oct 200618016254.906.01$10,856
Sep 2006016860.085.04$846
Aug 2006016768.717.34$1,226
Jul 2006015469.376.34$977
Jun 200617911066.286.38$12,566
May 2006019866.016.42$1,272
Apr 2006016464.397.36$1,207
Mar 200617616356.707.08$11,134
Feb 2006014557.597.75$1,124
Jan 2006016460.598.93$1,465
Dec 20051796454.9413.42$10,693
Nov 20050454.6910.59$42
Oct 200504258.3413.80$579
Sep 200507761.4512.08$930
Aug 20051607561.519.80$10,576
Jul 200502655.697.84$204
Jun 200508652.337.38$635
May 200516811045.226.65$8,329
Apr 200504549.207.36$331
Mar 200516413150.377.15$9,198
Feb 2005014245.226.31$896
Jan 2005015943.166.32$1,005
Dec 200417915239.866.75$8,161
Nov 2004017945.286.33$1,133
Oct 20040049.706.52$0
Sep 200417917143.245.28$8,644
Aug 2004017942.375.55$994
Jul 2004017938.286.08$1,089
Jun 200417717236.106.43$7,496
May 2004020737.486.49$1,344
Apr 200406834.475.86$398
Mar 200419013534.365.53$7,275
Feb 2004012232.455.51$672
Jan 200419613532.036.30$7,128
Dec 2003015230.266.30$958
Nov 200302128.804.60$97
Oct 20030028.174.76$0
Sep 2003181026.314.75$4,762
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003182028.565.98$5,198
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003159030.315.58$4,819
Dec 20020026.914.85$0
Nov 2002192024.664.14$4,735
Oct 20020026.464.23$0
Sep 200209727.443.64$353
Aug 200214013125.963.16$4,049
Jul 200219214824.583.06$5,173
Jun 2002018723.733.34$624
May 2002011224.663.58$401
Apr 200209523.653.51$334
Mar 200213622.003.10$134
Feb 20021786418.222.38$3,395
Jan 2002016717.172.38$397
Dec 200119117816.932.36$3,654
Nov 2001016818.072.41$404
Oct 200118110719.782.53$3,851
Sep 20010024.262.25$0
Aug 2001012524.873.05$382
Jul 2001022423.933.20$716
Jun 200114320924.563.82$4,311
May 2001021025.524.31$905
Apr 200119518724.685.34$5,810
Mar 2001018424.545.38$989
Feb 2001013727.755.77$790
Jan 200118120327.478.40$6,677
Dec 2000016126.889.12$1,469
Nov 200018415332.215.66$6,792
Oct 2000017131.235.15$880
Sep 200018015831.875.19$6,556
Aug 2000014829.644.54$672
Jul 200018217628.534.09$5,912
Jun 2000019529.304.40$857
May 200037523327.263.68$11,080
Apr 2000031724.513.12$988
Mar 200009228.422.86$263
Feb 20000427.622.73$11
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990123.192.43$2
Oct 19991724820.982.80$3,743
Sep 1999017621.752.62$461
Aug 199924914619.262.88$5,216
Jul 1999022217.892.37$527
Jun 199902415.942.36$57
May 19992665915.792.32$4,337
Apr 1999015615.102.21$344
Mar 199909412.471.84$173
Feb 199901779.981.82$322
Jan 199926818910.381.90$3,141
Dec 199801789.201.77$316
Nov 1998021610.892.19$472
Oct 199826623712.421.97$3,770
Sep 1998018812.592.08$392
Aug 1998020711.301.91$395
Jul 199825224011.742.24$3,495
Jun 1998023711.242.24$530
May 1998022512.622.21$496
Apr 1998021913.042.51$549
Mar 199826221612.802.31$3,852
Feb 1998020913.952.30$481
Jan 199826622914.702.15$4,404
Dec 1997026016.322.41$627
Nov 1997125218.193.09$796
Oct 199726415719.253.15$5,577
Sep 1997026917.742.95$795
Aug 199720926517.862.55$4,410
Jul 199718117.582.25$200
Jun 1997243017.242.26$4,189
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 1997240018.951.94$4,548
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996238023.32$5,550
Nov 1996262021.97$5,756
Oct 19960123.31$0
Sep 1996256122.22$5,688
Aug 19960120.26$0
Jul 1996259119.55$5,063
Jun 1996260118.73$4,870
May 19960119.43$0
Apr 1996257121.51$5,528
Mar 1996517119.38$10,019
Feb 19960116.98$0
Jan 19960117.07$0
Dec 1995265117.19$4,555
Nov 1995254116.00$4,064
Oct 1995257115.43$3,966
Sep 19950116.18$0
Aug 1995257115.92$4,091
Jul 19950115.24$0
Jun 1995261116.41$4,283
May 1995521117.56$9,149
Apr 19950117.73$0
Mar 1995239116.44$3,929
Feb 1995514116.58$8,522
Jan 1995264115.92$4,203
Dec 1994266115.03$3,998
Nov 1994260115.90$4,134
Oct 1994476115.58$7,416
Sep 1994264115.29$4,037
Aug 1994261116.13$4,210
Jul 1994525117.56$9,219
Jun 1994520117.09$8,887
May 1994265115.88$4,208
Apr 1994522114.14$7,381
Mar 1994527112.46$6,566
Feb 1994267112.50$3,338
Jan 1994531112.66$6,722
Dec 19930112.33$0
Nov 1993518114.49$7,506
Oct 1993266115.85$4,216
Sep 19930115.03$0
Aug 1993264115.66$4,134
Jul 1993271115.46$4,190
Jun 1993267116.79$4,483
May 1993264117.68$4,668
Apr 1993478118.05$8,628
Mar 199355118.14$998
Feb 1993267117.90$4,779
Jan 1993264116.93$4,470

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.

Oct 2022 — as filed, then multipliedworked
Oil                  226 bbl  × $ 87.18 =    $19,703
Casinghead gas       411 Mcf  × $  5.86 =     $2,410

────────────────────────────────────────────────────
Month total                                  $22,113

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/21698 is the state's own key, not one this site invented.