UNIVERSITY "C"

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) 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 23229District 08Field 33230500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$8.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$158 k
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 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.

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
NGPA1none

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
OilDisposition158,162 bbl$7,918,593
Casinghead gasProduction117,804 Mcf$430,372
Total$8,348,965

18,953 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 (4)

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 32.4036, -102.7657. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.40366, -102.76558 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
7,150 ft
4 wells filed one
Completion to plug
39.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 6,170 and 7,153 ft, median 7,150 ft, over the 4 wells that filed a depth.

Completions filed
Jun 1974 – Jul 1982
4 of 4 wells
Plug dates filed
Oct 2014
1 of 4 wells; 3 filed none

Last completion to plug: a median of 39.3 years across the 1 well that filed both dates, with the middle half between 39.3 years and 39.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-0033303447,150 ftJul 1982
42-0031085636,170 ftApr 1981
42-0031088727,150 ftJun 1975Oct 2014Yes
42-0031077617,153 ftJun 1974

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 2026181179106.413.05$19,805
Apr 202618719398.932.87$19,054
Mar 202617514789.753.15$16,169
Feb 202622018063.503.75$14,645
Jan 202610917559.138.00$7,845
Dec 202521920856.664.41$13,327
Nov 202516121658.593.93$10,281
Oct 202516022659.383.30$10,248
Sep 202516417262.743.08$10,819
Aug 2025217063.933.01$13,873
Jul 2025161066.743.32$10,745
Jun 202516319966.483.13$11,459
May 20252204660.553.23$13,470
Apr 202521816262.363.54$14,168
Mar 202516717067.704.27$12,032
Feb 202517017570.884.34$12,809
Jan 202517814474.324.28$13,845
Dec 20241836668.993.12$12,831
Nov 20242436069.052.20$16,911
Oct 2024242071.372.28$17,272
Sep 202412316869.612.36$8,959
Aug 202417720775.632.06$13,814
Jul 20242345979.932.15$18,830
Jun 20241785278.082.63$14,035
May 20242374078.812.20$18,766
Apr 20241781184.451.66$15,050
Mar 2024237780.301.55$19,042
Feb 20242443176.091.78$18,621
Jan 202423910573.023.30$17,798
Dec 202317922971.262.61$13,353
Nov 202323917277.892.81$19,099
Oct 202324324385.443.09$21,512
Sep 202323621089.042.74$21,588
Aug 202317514780.522.67$14,484
Jul 20232309074.852.64$17,453
Jun 202323510468.962.26$16,440
May 202318219970.622.23$13,296
Apr 202324323978.122.24$19,518
Mar 202330924372.852.39$23,092
Feb 202327516975.112.47$21,072
Jan 202320922376.533.39$16,750
Dec 202234122176.415.73$27,322
Nov 202213618785.005.65$12,616
Oct 202227116787.185.86$24,605
Sep 202227114884.888.16$24,211
Aug 202227121994.529.13$27,614
Jul 2022254217101.587.54$27,438
Jun 2022203221115.097.98$25,126
May 2022270205109.378.43$31,259
Apr 2022200252104.226.84$22,567
Mar 2022269261108.885.08$30,614
Feb 202220717991.054.86$19,717
Jan 202226427181.844.54$22,835
Dec 202126624971.323.90$19,942
Nov 202126826477.435.24$22,134
Oct 202133432379.795.71$28,495
Sep 202119829869.865.35$15,427
Aug 202125918566.024.22$17,880
Jul 202132532070.783.98$24,278
Jun 202126023269.493.38$18,852
May 20213069463.483.02$19,709
Apr 202124518960.362.76$15,310
Mar 202131224261.302.72$19,783
Feb 202125311957.805.55$15,284
Jan 202125328850.412.81$13,563
Dec 202025228944.642.68$12,022
Nov 202031625838.772.71$12,950
Oct 202031735436.972.48$12,597
Sep 202024634037.091.99$9,801
Aug 202031223839.982.39$13,041
Jul 202025635438.371.83$10,469
Jun 202040237334.901.69$14,660
May 202020036516.921.81$4,046
Apr 202034333014.751.80$5,655
Mar 202027434930.341.86$8,961
Feb 202034323049.881.98$17,564
Jan 202027330657.252.09$16,270
Dec 201932129359.012.30$19,617
Nov 201925320455.302.75$14,552
Oct 201930430153.472.42$16,983
Sep 201925329755.052.66$14,717
Aug 201930931653.112.30$17,139
Jul 201927132256.272.46$16,041
Jun 201927432652.782.49$15,274
May 201926721558.482.74$16,203
Apr 201925714862.632.75$16,503
Mar 201926930556.803.06$16,213
Feb 201931818350.852.79$16,681
Jan 201940529546.033.23$19,594
Dec 201826825246.594.19$13,541
Nov 201825918652.934.24$14,497
Oct 201837526261.443.40$23,930
Sep 201818633159.543.11$12,103
Aug 201837123659.403.07$22,761
Jul 201827737565.142.93$19,143
Jun 201826833560.183.08$17,159
May 201836331565.382.90$24,647
Apr 201827318463.842.90$17,962
Mar 201828029661.222.79$17,967
Feb 20183765261.782.77$23,373
Jan 201829222362.874.01$19,252
Dec 201738131357.272.92$22,734
Nov 201729726955.423.12$17,299
Oct 201737230949.292.98$19,258
Sep 201729633847.523.09$15,109
Aug 201737333445.373.00$17,926
Jul 201728639943.873.09$13,779
Jun 201738239442.493.09$17,448
May 201728740045.373.26$14,327
Apr 201728837747.933.21$15,015
Mar 201738238846.772.98$19,024
Feb 201738928550.452.95$20,467
Jan 201737134149.413.42$19,497
Dec 201628926848.763.72$15,089
Nov 201629426942.492.64$13,203
Oct 201639829446.193.09$19,292
Sep 201628428741.553.10$12,690
Aug 201637924341.442.92$16,416
Jul 201638133441.622.92$16,834
Jun 201638533445.352.69$18,357
May 201638328042.521.99$16,843
Apr 201628630836.561.99$11,069
Mar 201649333133.011.79$16,868
Feb 201654024426.472.06$14,797
Jan 201632924127.352.36$9,568
Dec 201543624432.362.00$14,597
Nov 201532927938.792.17$13,367
Oct 201551729243.552.43$23,224
Sep 201541324642.992.76$18,433
Aug 201531526440.162.87$13,409
Jul 201542429948.152.95$21,296
Jun 201550727956.152.88$29,272
May 201540825955.212.96$23,291
Apr 201540212849.822.71$20,374
Mar 201540423642.892.93$18,020
Feb 201540024444.662.98$18,590
Jan 201538631943.433.10$17,753
Dec 201449022954.693.59$27,621
Nov 201438032770.464.25$28,165
Oct 201444534678.303.90$36,193
Sep 201435339386.164.05$32,004
Aug 201435140689.394.04$33,014
Jul 201436335996.564.18$36,552
Jun 201445012598.164.74$44,764
May 2014349094.734.73$33,061
Apr 201443413095.944.81$42,263
Mar 201445242095.895.06$45,466
Feb 201436639397.406.19$38,082
Jan 201445242590.404.86$42,927
Dec 201340841791.824.35$39,278
Nov 201333141888.853.74$30,972
Oct 201348346697.423.78$48,815
Sep 2013327471104.113.72$35,795
Aug 2013411503104.253.52$44,619
Jul 2013325489102.523.72$35,137
Jun 201332035294.403.93$31,593
May 201348455394.834.15$48,192
Apr 201345353193.964.28$44,838
Mar 201337655793.623.91$37,381
Feb 201352649791.233.42$49,687
Jan 201336317491.603.42$33,846
Dec 201244840986.773.42$40,272
Nov 201251222786.953.62$45,341
Oct 201243762189.383.40$41,170
Sep 201242055394.672.92$41,375
Aug 201245366192.662.91$43,897
Jul 201241081285.133.02$37,356
Jun 201239966279.822.52$33,516
May 201254550991.612.49$51,194
Apr 2012447585101.652.00$46,606
Mar 2012414433105.052.22$44,453
Feb 2012523413101.102.57$53,937
Jan 201280449298.092.73$80,210
Dec 20111,14168196.873.24$112,735
Nov 201138025095.723.31$37,201
Oct 201159927184.983.65$51,892
Sep 201140727483.623.99$35,125
Aug 201160530083.404.15$51,702
Jul 201141030894.144.52$39,989
Jun 201161032192.904.64$58,158
May 201139930098.134.40$40,475
Apr 2011540313105.964.33$58,575
Mar 201148526196.364.06$47,794
Feb 201131725385.644.18$28,205
Jan 201150825986.504.59$45,130
Dec 201046827785.734.35$41,326
Nov 201030828380.843.80$25,973
Oct 201047234178.103.51$38,060
Sep 201047934172.633.98$36,147
Aug 201029636173.684.42$23,405
Jul 201040135872.554.74$30,788
Jun 201057335270.364.91$42,045
May 201051837771.124.24$38,437
Apr 201041471481.694.12$36,763
Mar 201075150178.394.39$61,070
Feb 201035627973.585.44$27,713
Jan 201073529474.365.96$56,408
Dec 200938126671.445.48$28,677
Nov 200937928374.593.75$29,331
Oct 200936312172.544.11$26,829
Sep 200937528565.543.06$25,451
Aug 200937430367.423.22$26,190
Jul 200937424561.133.46$23,711
Jun 200935424966.163.90$24,391
May 200936826754.743.93$21,193
Apr 200934621246.773.59$16,943
Mar 200937235842.144.06$17,129
Feb 200974233832.814.63$25,911
Jan 200935535335.865.37$14,626
Dec 200869436137.105.98$27,905
Nov 200834035555.496.86$21,302
Oct 200862434675.246.92$49,345
Sep 2008300276101.767.88$32,702
Aug 2008346382114.228.48$42,761
Jul 2008693377131.0811.39$95,132
Jun 2008349373131.3313.03$50,695
May 2008348415123.1711.57$47,666
Apr 2008708391110.3110.45$82,187
Mar 2008356399101.909.66$40,132
Feb 200869236492.538.77$67,223
Jan 200835332690.388.21$34,579
Dec 200769228988.337.30$63,235
Nov 200735134291.677.29$34,670
Oct 200735433182.856.92$31,620
Sep 200771332675.846.24$56,110
Aug 200735732669.066.39$26,737
Jul 200735638170.906.39$27,674
Jun 200770742662.007.55$47,050
May 200736142758.747.85$24,556
Apr 200770033359.617.81$44,326
Mar 200735235156.927.30$22,599
Feb 200771233455.108.22$41,975
Jan 200735734250.306.73$20,258
Dec 200670238256.656.92$42,411
Nov 200635430854.207.62$21,533
Oct 200635541754.906.01$21,997
Sep 200669256860.085.04$44,436
Aug 200631539368.717.34$24,528
Jul 200604169.376.34$260
Jun 200635539766.286.38$26,064
May 200635237466.016.42$25,638
Apr 200635432864.397.36$25,208
Mar 200671840556.707.08$43,579
Feb 200665834957.597.75$40,599
Jan 200672746160.598.93$48,167
Dec 200573635654.9413.42$45,212
Nov 200537933654.6910.59$24,285
Oct 200581930658.3413.80$52,002
Sep 200539540761.4512.08$29,189
Aug 20051,11369361.519.80$75,250
Jul 200530723955.697.84$18,971
Jun 200532831152.337.38$19,460
May 200534729345.226.65$17,640
Apr 200534624449.207.36$18,819
Mar 200534962450.377.15$22,044
Feb 200534827345.226.31$17,460
Jan 200534927643.166.32$16,808
Dec 200469625339.866.75$29,451
Nov 200435526745.286.33$17,765
Oct 200433426549.706.52$18,326
Sep 200431622943.245.28$14,874
Aug 200462527842.375.55$28,024
Jul 200431330338.286.08$13,825
Jun 200431329936.106.43$13,223
May 200430831637.486.49$13,596
Apr 200462034034.475.86$23,363
Mar 200429938334.365.53$12,392
Feb 200429517132.455.51$10,515
Jan 200455220032.036.30$18,940
Dec 200329919630.266.30$10,283
Nov 200329220028.804.60$9,329
Oct 200349718028.174.76$14,857
Sep 200330914326.314.75$8,809
Aug 200323722829.765.13$8,223
Jul 200363124429.415.17$19,819
Jun 200333922028.565.98$10,998
May 200333318026.595.97$9,930
Apr 200324519426.675.41$7,583
Mar 200356716631.146.10$18,668
Feb 200342113233.487.93$15,141
Jan 2003014430.315.58$804
Dec 200248917526.914.85$14,008
Nov 200249317724.664.14$12,890
Oct 200247013826.464.23$13,020
Sep 2002014827.443.64$538
Aug 20024718825.963.16$12,506
Jul 200247112124.583.06$11,948
Jun 2002016923.733.34$564
May 200247415824.663.58$12,255
Apr 200248121823.653.51$12,141
Mar 200246622122.003.10$10,938
Feb 200248520218.222.38$9,317
Jan 2002022717.172.38$539
Dec 200138424616.932.36$7,083
Nov 200148217518.072.41$9,131
Oct 200147513819.782.53$9,744
Sep 200147817924.262.25$11,999
Aug 200146621924.873.05$12,258
Jul 2001024523.933.20$783
Jun 200148024124.563.82$12,710
May 200148224425.524.31$13,352
Apr 200148323824.685.34$13,190
Mar 200148319824.545.38$12,917
Feb 200142715127.755.77$12,720
Jan 2001019627.478.40$1,646
Dec 200046619026.889.12$14,259
Nov 200048613532.215.66$16,418
Oct 200047919831.235.15$15,978
Sep 2000017431.875.19$902
Aug 200048110629.644.54$14,738
Jul 20004797728.534.09$13,981
Jun 20004717529.304.40$14,130
May 20004617427.263.68$12,839
Apr 200043415524.513.12$11,120
Mar 200043215028.422.86$12,706
Feb 200039826027.622.73$11,702
Jan 200048327225.272.48$12,880
Dec 199947726024.282.42$12,212
Nov 199944725123.192.43$10,977
Oct 199926727320.982.80$6,367
Sep 199919329321.752.62$4,965
Aug 199944634519.262.88$9,582
Jul 199989934117.892.37$16,892
Jun 199938133715.942.36$6,869
May 199946832915.792.32$8,153
Apr 1999528115.102.21$696
Mar 199947131312.471.84$6,449
Feb 19994133029.981.82$4,671
Jan 199947634410.381.90$5,594
Dec 19984193279.201.77$4,435
Nov 199846539310.892.19$5,923
Oct 199845634312.421.97$6,339
Sep 199845933712.592.08$6,481
Aug 1998034711.301.91$662
Jul 199844736411.742.24$6,062
Jun 199847533911.242.24$6,097
May 199847536812.622.21$6,806
Apr 199846930613.042.51$6,882
Mar 199842536012.802.31$6,271
Feb 199836627613.952.30$5,740
Jan 199838731414.702.15$6,366
Dec 199738533016.322.41$7,079
Nov 199748632118.193.09$9,832
Oct 199748030319.253.15$10,194
Sep 199735117317.742.95$6,738
Aug 199777021717.862.55$14,307
Jul 1997027517.582.25$618
Jun 199746820017.242.26$8,520
May 199745020818.972.31$9,017
Apr 199743830417.882.08$8,465
Mar 199743133118.951.94$8,809
Feb 199740725820.492.21$8,909
Jan 199746329423.483.54$11,912
Dec 1996120723.32$23
Nov 199689527021.97$19,663
Oct 199626932423.31$6,270
Sep 199610232022.22$2,266
Aug 199647135020.26$9,542
Jul 199646234719.55$9,032
Jun 199645036318.73$8,429
May 199645933819.43$8,918
Apr 199644028121.51$9,464
Mar 199647329519.38$9,167
Feb 199646228516.98$7,845
Jan 199691731317.07$15,653
Dec 1995032317.19$0
Nov 199594436816.00$15,104
Oct 199547743915.43$7,360
Sep 199547439816.18$7,669
Aug 199545550415.92$7,244
Jul 199592746415.24$14,127
Jun 199542541816.41$6,974
May 199547428617.56$8,323
Apr 199596519917.73$17,109
Mar 199524416016.44$4,011
Feb 199547622916.58$7,892
Jan 199582728215.92$13,166
Dec 199445515915.03$6,839
Nov 199447643315.90$7,568
Oct 199447739315.58$7,432
Sep 199493040015.29$14,220
Aug 1994041316.13$0
Jul 199446641817.56$8,183
Jun 199446643117.09$7,964
May 199445246315.88$7,178
Apr 199494147714.14$13,306
Mar 199447533312.46$5,919
Feb 199477625312.50$9,700
Jan 199444239712.66$5,596
Dec 199385031212.33$10,481
Nov 199343454014.49$6,289
Oct 199394286515.85$14,931
Sep 199346697715.03$7,004
Aug 199347351715.66$7,407
Jul 199344147515.46$6,818
Jun 199347156316.79$7,908
May 199393755417.68$16,566
Apr 199336645918.05$6,606
Mar 199391053018.14$16,507
Feb 199348250917.90$8,628
Jan 199346731916.93$7,906

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.

May 2026 — as filed, then multipliedworked
Oil                  181 bbl  × $106.41 =    $19,260
Casinghead gas       179 Mcf  × $  3.05 =       $545

────────────────────────────────────────────────────
Month total                                  $19,805

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/23229 is the state's own key, not one this site invented.