UNIVERSITY 11 /SEC 2/

Operated by ARCO PERMIAN (P-5 29347) in the MARTIN (WICHITA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22037District 08Field 57774747Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$382 k
Jan 1993 – Jun 2001
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
102
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 26 leases and 69 wells, and the rule below applies to all of them.

Discovered
1945-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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: CONSOLIDATED TO MARTIN (CONSOLIDATED)

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA7none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition15,912 bbl$273,445
Casinghead gasProduction158,102 Mcf$108,805
Total$382,250

117,264 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 (8)

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 32.1757, -102.7724. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.17563, -102.77224 · 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%
8 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
7,100 ft
8 wells filed one
Completion to plug
28.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
8100.0%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
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

Total depth in feet, 8 of 8 wells. Median 7,100 ft, with the middle half between 7,100 and 7,625 ft; the shallowest is 7,100 ft and the deepest 8,990 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Nov 1986 – Mar 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1986 – Mar 2020
8 of 8 wells
Plug dates filed
Jul 2015
1 of 8 wells; 7 filed none

Last completion to plug: a median of 28.7 years across the 1 well that filed both dates, with the middle half between 28.7 years and 28.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-00334495E 77,100 ftMar 2020Yes
42-00334648E 107,700 ftOct 2019Yes
42-00334697E 117,600 ftSep 2004Yes
42-00334552E 97,100 ftJun 2004Yes
42-00334187E 57,100 ftOct 1995Yes
42-00300459E 28,990 ftNov 1994Yes
42-00334496E 87,100 ftOct 1993Yes
42-00334185E 67,100 ftNov 1986Jul 2015Yes

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 (102)

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

102 months

Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200010355332.215.66$6,447
Oct 20007866731.235.15$5,868
Sep 20009767531.875.19$6,592
Aug 20009276829.644.54$6,214
Jul 200010579728.534.09$6,255
Jun 200011379429.304.40$6,802
May 200010968727.263.68$5,499
Apr 200010774724.513.12$4,950
Mar 200011176828.422.86$5,351
Feb 20008171027.622.73$4,173
Jan 20008184525.272.48$4,143
Dec 19997883624.282.42$3,920
Nov 19998873123.192.43$3,820
Oct 19999476920.982.80$4,128
Sep 19996471921.752.62$3,275
Aug 19996381719.262.88$3,563
Jul 19996171517.892.37$2,788
Jun 19996877015.942.36$2,903
May 19998377115.792.32$3,100
Apr 19997779715.102.21$2,923
Mar 19997085412.471.84$2,443
Feb 1999667109.981.82$1,949
Jan 19999692010.381.90$2,744
Dec 19981089819.201.77$2,733
Nov 199810883110.892.19$2,992
Oct 199812090212.421.97$3,267
Sep 199810487912.592.08$3,140
Aug 19989583711.301.91$2,670
Jul 19988595511.742.24$3,134
Jun 19989286811.242.24$2,976
May 19988885412.622.21$2,995
Apr 199810498213.042.51$3,816
Mar 199810490612.802.31$3,424
Feb 199810683613.952.30$3,401
Jan 19981451,06414.702.15$4,424
Dec 19971521,07916.322.41$5,082
Nov 19971301,21318.193.09$6,111
Oct 1997961,09019.253.15$5,281
Sep 19974977117.742.95$3,147
Aug 19979388517.862.55$3,922
Jul 19971311,38617.582.25$5,417
Jun 19971451,11117.242.26$5,008
May 199710685218.972.31$3,978
Apr 19971121,01617.882.08$4,119
Mar 19971361,04018.951.94$4,594
Feb 19971071,00420.492.21$4,407
Jan 19971091,07623.483.54$6,368
Dec 19961031,16523.32$2,402
Nov 19961291,53321.97$2,834
Oct 19961231,13723.31$2,867
Sep 19961191,10322.22$2,644
Aug 19961341,15120.26$2,715
Jul 19961491,59819.55$2,913
Jun 1996811,79218.73$1,517
May 19961001,88919.43$1,943
Apr 19961461,21521.51$3,140
Mar 19961201,95019.38$2,326
Feb 19961092,13416.98$1,851
Jan 19961491,86817.07$2,543
Dec 19951561,50217.19$2,682
Nov 19951391,48416.00$2,224
Oct 19951962,44915.43$3,024
Sep 19951872,13616.18$3,026
Aug 19952171,68615.92$3,455
Jul 19952142,61115.24$3,261
Jun 19951681,79316.41$2,757
May 19952201,76017.56$3,863
Apr 19952022,18017.73$3,581
Mar 19951642,02916.44$2,696
Feb 19952101,76516.58$3,482
Jan 19952331,88615.92$3,709
Dec 19942961,76315.03$4,449
Nov 19942892,02115.90$4,595
Oct 19942802,77815.58$4,362
Sep 19943002,57415.29$4,587
Aug 19942772,55416.13$4,468
Jul 19942201,97117.56$3,863
Jun 19942422,03317.09$4,136
May 19941321,18615.88$2,096
Apr 19942242,04414.14$3,167
Mar 19942622,76412.46$3,265
Feb 19942452,66612.50$3,063
Jan 19943062,70612.66$3,874
Dec 19934043,66312.33$4,981
Nov 19932653,66014.49$3,840
Oct 19933483,43215.85$5,516
Sep 19933874,69815.03$5,817
Aug 19933394,37915.66$5,309
Jul 19933085,04715.46$4,762
Jun 19933734,67616.79$6,263
May 19933214,13717.68$5,675
Apr 19934034,54818.05$7,274
Mar 19934793,37518.14$8,689
Feb 19933793,27117.90$6,784
Jan 19934553,50216.93$7,703

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.

Nov 2000 — as filed, then multipliedworked
Oil                  103 bbl  × $ 32.21 =     $3,318
Casinghead gas       553 Mcf  × $  5.66 =     $3,129

────────────────────────────────────────────────────
Month total                                   $6,447

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/22037 is the state's own key, not one this site invented.