UNIVERSITY 146

Operated by RING ENERGY, INC. (P-5 712382) in the FULLERTON (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21863District 08Field 33230500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$713 k
Jan 1993 – Oct 2023
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
370
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 136 leases and 988 wells, and the rule below applies to all of them.

Discovered
1945-05-24
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 2017-12-01.

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: POINT AND STACKED LATERALS. OPTIONAL 10 ACRES/1100' DIAGONAL.

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
OilDisposition17,805 bbl$713,305
Casinghead gasProduction21 Mcf$0
Total$713,305

21 Mcf of this lease's gas, across 21 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 32.4250, -102.7489. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42501, -102.74887 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,124 ft
1 wells filed one
Completion to plug
47.3 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 7,124 ft.

Completions filed
Feb 1971
1 of 1 wells
Plug dates filed
Jun 2018
1 of 1 wells

Last completion to plug: a median of 47.3 years across the 1 well that filed both dates, with the middle half between 47.3 years and 47.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0030535417,124 ftFeb 1971Jun 2018Yes

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 (370)

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

370 months

Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202369074.852.64$5,165
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 20220087.185.86$0
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 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
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 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
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 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
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 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
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 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016168033.011.79$5,546
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015158043.552.43$6,881
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015168056.152.88$9,433
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015169044.662.98$7,548
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014166086.164.05$14,303
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014175094.734.73$16,578
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014167097.406.19$16,266
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131620104.113.72$16,866
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013171094.403.93$16,142
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013171091.233.42$15,600
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012158089.383.40$14,122
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012164085.133.02$13,961
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121660105.052.22$17,438
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011156095.723.31$14,932
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011159083.404.15$13,261
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111730105.964.33$18,331
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010155085.734.35$13,288
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010169072.633.98$12,274
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010159071.124.24$11,308
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010172073.585.44$12,656
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009157072.544.11$11,389
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009171061.133.46$10,453
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009154042.144.06$6,490
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008171037.105.98$6,344
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081640114.228.48$18,732
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081680123.1711.57$20,693
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008151090.388.21$13,647
Dec 20070088.337.30$0
Nov 2007165091.677.29$15,126
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007171070.906.39$12,124
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007165059.617.81$9,836
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007166050.306.73$8,350
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006166054.906.01$9,113
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006162069.376.34$11,238
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006159064.397.36$10,238
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006150060.598.93$9,089
Dec 20050054.9413.42$0
Nov 2005156054.6910.59$8,532
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005160061.519.80$9,842
Jul 20050055.697.84$0
Jun 2005155052.337.38$8,111
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005169050.377.15$8,513
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004151039.866.75$6,019
Nov 20040045.286.33$0
Oct 2004165049.706.52$8,201
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004164038.286.08$6,278
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004163034.475.86$5,619
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004162032.036.30$5,189
Dec 20030030.266.30$0
Nov 2003166028.804.60$4,781
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003161029.765.13$4,791
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003175026.595.97$4,653
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003167033.487.93$5,591
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002173024.664.14$4,266
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002175025.963.16$4,543
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002170024.663.58$4,192
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 2002159018.222.38$2,897
Jan 20020017.172.38$0
Dec 2001167016.932.36$2,827
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001164024.262.25$3,979
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001165024.563.82$4,052
May 20010025.524.31$0
Apr 2001157024.685.34$3,875
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001166027.478.40$4,560
Dec 20000026.889.12$0
Nov 2000173032.215.66$5,572
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000167029.644.54$4,950
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000167027.263.68$4,552
Apr 20000024.513.12$0
Mar 2000176028.422.86$5,002
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999158024.282.42$3,836
Nov 19990023.192.43$0
Oct 1999187020.982.80$3,923
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999168017.892.37$3,006
Jun 19990015.942.36$0
May 1999178015.792.32$2,811
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199916809.981.82$1,677
Jan 19990010.381.90$0
Dec 199815809.201.77$1,454
Nov 19980010.892.19$0
Oct 1998186012.421.97$2,310
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998172011.742.24$2,019
Jun 19980011.242.24$0
May 1998168012.622.21$2,120
Apr 19980013.042.51$0
Mar 1998182012.802.31$2,330
Feb 19980013.952.30$0
Jan 1998179014.702.15$2,631
Dec 19970016.322.41$0
Nov 1997177018.193.09$3,220
Oct 19970019.253.15$0
Sep 1997189017.742.95$3,353
Aug 19970017.862.55$0
Jul 1997179017.582.25$3,147
Jun 19970017.242.26$0
May 1997185018.972.31$3,509
Apr 19970017.882.08$0
Mar 1997167018.951.94$3,165
Feb 1997372020.492.21$7,622
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 1996425020.26$8,611
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996364017.07$6,213
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995287016.18$4,644
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 1995375017.56$6,585
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 1995444015.92$7,068
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940115.29$0
Aug 1994377116.13$6,081
Jul 19940117.56$0
Jun 19940117.09$0
May 19940115.88$0
Apr 1994316114.14$4,468
Mar 19940112.46$0
Feb 19940112.50$0
Jan 1994359112.66$4,545
Dec 19930112.33$0
Nov 19930114.49$0
Oct 1993396115.85$6,277
Sep 19930115.03$0
Aug 19930115.66$0
Jul 1993316115.46$4,885
Jun 19930116.79$0
May 19930117.68$0
Apr 1993453118.05$8,177
Mar 1993412118.14$7,474
Feb 19930117.90$0
Jan 19930116.93$0

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.

Jul 2023 — as filed, then multipliedworked
Oil                   69 bbl  × $ 74.85 =     $5,165
Casinghead gas         0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                   $5,165

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/21863 is the state's own key, not one this site invented.