UNIVERSITY 7-23

Name: UNIVERSITY 7-23 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the HUTEX (DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23878District 08Field 43878600Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$676 k

Jan 1993 – Aug 2020

Value, last 12 filed months

at the published price for each month

Months reported

332

no gaps in the span

Streams

oil, casinghead gas

The HUTEX (DEAN) 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 65 leases and 72 wells, and the rule below applies to all of them.

Discovered

1959-07-01

as the register files it

Field class

Oil and gas

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.

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	16,177 bbl	$672,125
Casinghead gas	Production	10,190 Mcf	$4,279
Total			$676,403

8,802 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 (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 32.3768, -102.2536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.37683, -102.25357 · 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

9,960 ft

2 wells filed one

Completion to plug

12.6 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 9,950 and 9,970 ft, median 9,960 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1975 – Nov 2015

2 of 2 wells

Plug dates filed

Oct 1998 – Feb 2018

2 of 2 wells

Last completion to plug: a median of 12.6 years across the 2 wells that filed both dates, with the middle half between 7.4 years and 17.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-00330791	1	9,950 ft	Nov 2015	Feb 2018	Yes
42-00330792	2	9,970 ft	Dec 1975	Oct 1998	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 (332)

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

332 months


Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	167	0	32.36	2.00	$5,404
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	171	0	42.89	2.93	$7,334
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	1	0	43.43	3.10	$43
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	1	0	86.16	4.05	$86
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	165	0	96.56	4.18	$15,932
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	167	0	95.89	5.06	$16,014
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	161	0	91.82	4.35	$14,783
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	173	0	94.83	4.15	$16,406
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	187	0	91.60	3.42	$17,129
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	177	0	89.38	3.40	$15,820
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	183	0	105.05	2.22	$19,224
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	182	0	95.72	3.31	$17,421
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	179	0	98.13	4.40	$17,565
Apr 2011	1	0	105.96	4.33	$106
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	188	0	86.50	4.59	$16,262
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	143	0	78.10	3.51	$11,168
Sep 2010	1	0	72.63	3.98	$73
Aug 2010	148	0	73.68	4.42	$10,905
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	183	0	70.36	4.91	$12,876
May 2010	179	0	71.12	4.24	$12,730
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	188	0	73.58	5.44	$13,833
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	172	0	74.59	3.75	$12,829
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	184	0	67.42	3.22	$12,405
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	180	0	66.16	3.90	$11,909
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	181	0	42.14	4.06	$7,627
Feb 2009	185	0	32.81	4.63	$6,070
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	185	0	55.49	6.86	$10,266
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	183	0	114.22	8.48	$20,902
Jul 2008	119	0	131.08	11.39	$15,599
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	186	0	110.31	10.45	$20,518
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	180	0	90.38	8.21	$16,268
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	185	0	82.85	6.92	$15,327
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	184	0	69.06	6.39	$12,707
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	176	0	58.74	7.85	$10,338
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	174	0	55.10	8.22	$9,587
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	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	183	0	69.37	6.34	$12,695
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	183	0	60.59	8.93	$11,088
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	175	0	55.69	7.84	$9,746
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	185	0	50.37	7.15	$9,318
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	181	0	49.70	6.52	$8,996
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	180	0	37.48	6.49	$6,746
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	174	0	32.03	6.30	$5,573
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	184	0	28.17	4.76	$5,183
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	181	0	29.41	5.17	$5,323
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	174	0	31.14	6.10	$5,418
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	156	0	30.31	5.58	$4,728
Dec 2002	0	4	26.91	4.85	$19
Nov 2002	0	4	24.66	4.14	$17
Oct 2002	181	4	26.46	4.23	$4,806
Sep 2002	0	4	27.44	3.64	$15
Aug 2002	0	4	25.96	3.16	$13
Jul 2002	156	4	24.58	3.06	$3,847
Jun 2002	0	4	23.73	3.34	$13
May 2002	0	4	24.66	3.58	$14
Apr 2002	178	15	23.65	3.51	$4,262
Mar 2002	0	18	22.00	3.10	$56
Feb 2002	176	15	18.22	2.38	$3,242
Jan 2002	0	18	17.17	2.38	$43
Dec 2001	0	15	16.93	2.36	$35
Nov 2001	185	18	18.07	2.41	$3,386
Oct 2001	0	18	19.78	2.53	$46
Sep 2001	0	15	24.26	2.25	$34
Aug 2001	165	18	24.87	3.05	$4,159
Jul 2001	0	17	23.93	3.20	$54
Jun 2001	0	15	24.56	3.82	$57
May 2001	134	22	25.52	4.31	$3,514
Apr 2001	0	18	24.68	5.34	$96
Mar 2001	190	18	24.54	5.38	$4,759
Feb 2001	0	15	27.75	5.77	$87
Jan 2001	186	18	27.47	8.40	$5,261
Dec 2000	0	24	26.88	9.12	$219
Nov 2000	0	18	32.21	5.66	$102
Oct 2000	180	18	31.23	5.15	$5,714
Sep 2000	0	66	31.87	5.19	$342
Aug 2000	0	15	29.64	4.54	$68
Jul 2000	179	20	28.53	4.09	$5,189
Jun 2000	0	13	29.30	4.40	$57
May 2000	178	18	27.26	3.68	$4,919
Apr 2000	0	18	24.51	3.12	$56
Mar 2000	0	20	28.42	2.86	$57
Feb 2000	185	18	27.62	2.73	$5,159
Jan 2000	0	20	25.27	2.48	$50
Dec 1999	186	20	24.28	2.42	$4,565
Nov 1999	0	20	23.19	2.43	$49
Oct 1999	183	18	20.98	2.80	$3,890
Sep 1999	0	20	21.75	2.62	$52
Aug 1999	181	20	19.26	2.88	$3,544
Jul 1999	0	54	17.89	2.37	$128
Jun 1999	0	7	15.94	2.36	$17
May 1999	160	29	15.79	2.32	$2,594
Apr 1999	0	32	15.10	2.21	$71
Mar 1999	0	29	12.47	1.84	$53
Feb 1999	163	29	9.98	1.82	$1,679
Jan 1999	0	32	10.38	1.90	$61
Dec 1998	173	29	9.20	1.77	$1,643
Nov 1998	186	32	10.89	2.19	$2,095
Oct 1998	0	36	12.42	1.97	$71
Sep 1998	185	32	12.59	2.08	$2,396
Aug 1998	0	29	11.30	1.91	$55
Jul 1998	363	24	11.74	2.24	$4,315
Jun 1998	0	22	11.24	2.24	$49
May 1998	123	22	12.62	2.21	$1,601
Apr 1998	178	14	13.04	2.51	$2,356
Mar 1998	0	7	12.80	2.31	$16
Feb 1998	0	22	13.95	2.30	$51
Jan 1998	174	36	14.70	2.15	$2,635
Dec 1997	0	22	16.32	2.41	$53
Nov 1997	0	7	18.19	3.09	$22
Oct 1997	171	43	19.25	3.15	$3,427
Sep 1997	0	14	17.74	2.95	$41
Aug 1997	0	14	17.86	2.55	$36
Jul 1997	0	14	17.58	2.25	$31
Jun 1997	166	22	17.24	2.26	$2,912
May 1997	0	22	18.97	2.31	$51
Apr 1997	178	14	17.88	2.08	$3,212
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	14	20.49	2.21	$31
Jan 1997	0	14	23.48	3.54	$50
Dec 1996	176	22	23.32	—	$4,104
Nov 1996	0	14	21.97	—	$0
Oct 1996	0	223	23.31	—	$0
Sep 1996	173	216	22.22	—	$3,844
Aug 1996	0	223	20.26	—	$0
Jul 1996	173	223	19.55	—	$3,382
Jun 1996	0	216	18.73	—	$0
May 1996	173	223	19.43	—	$3,361
Apr 1996	0	216	21.51	—	$0
Mar 1996	185	223	19.38	—	$3,585
Feb 1996	0	209	16.98	—	$0
Jan 1996	0	223	17.07	—	$0
Dec 1995	192	223	17.19	—	$3,300
Nov 1995	0	216	16.00	—	$0
Oct 1995	191	223	15.43	—	$2,947
Sep 1995	0	216	16.18	—	$0
Aug 1995	0	223	15.92	—	$0
Jul 1995	174	223	15.24	—	$2,652
Jun 1995	181	216	16.41	—	$2,970
May 1995	0	223	17.56	—	$0
Apr 1995	165	216	17.73	—	$2,925
Mar 1995	0	223	16.44	—	$0
Feb 1995	180	202	16.58	—	$2,984
Jan 1995	0	223	15.92	—	$0
Dec 1994	184	223	15.03	—	$2,766
Nov 1994	0	216	15.90	—	$0
Oct 1994	182	223	15.58	—	$2,836
Sep 1994	0	216	15.29	—	$0
Aug 1994	181	223	16.13	—	$2,920
Jul 1994	0	223	17.56	—	$0
Jun 1994	180	216	17.09	—	$3,076
May 1994	0	223	15.88	—	$0
Apr 1994	352	216	14.14	—	$4,977
Mar 1994	0	223	12.46	—	$0
Feb 1994	0	202	12.50	—	$0
Jan 1994	0	223	12.66	—	$0
Dec 1993	0	112	12.33	—	$0
Nov 1993	0	108	14.49	—	$0
Oct 1993	0	112	15.85	—	$0
Sep 1993	183	108	15.03	—	$2,750
Aug 1993	0	112	15.66	—	$0
Jul 1993	179	112	15.46	—	$2,767
Jun 1993	0	108	16.79	—	$0
May 1993	187	112	17.68	—	$3,306
Apr 1993	0	108	18.05	—	$0
Mar 1993	168	112	18.14	—	$3,048
Feb 1993	0	101	17.90	—	$0
Jan 1993	0	112	16.93	—	$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.

Dec 2015 — as filed, then multipliedworked

Oil                  167 bbl  × $ 32.36 =     $5,404
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $5,404

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/23878 is the state's own key, not one this site invented.