UNIVERSITY "A"

Operated by QP, INC. (P-5 684489) in the MAGUTEX (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24218District 08Field 56822625Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$101 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 12 leases and 110 wells, and the rule below applies to all of them.

Discovered
1958-02-11
as the register files it
Field class
Oil
the register's own label
Between wells
1,100 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 acres.

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.

StreamBasisVolumeValue
OilDisposition41,807 bbl$1,984,991
Casinghead gasProduction6,908 Mcf$0
Total$1,984,991

6,908 Mcf of this lease's gas, across 43 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 32.4624, -102.4149. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.46242, -102.41493 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
4,954 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 4,952 and 4,955 ft, median 4,954 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1976 – Sep 1977
2 of 2 wells

2 wells

42-0033118024,952 ftSep 1977
42-0033101314,955 ftSep 1976

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 20261660106.413.05$17,664
Apr 2026157098.932.87$15,532
Mar 2026179089.753.15$16,065
Feb 20260063.503.75$0
Jan 2026179059.138.00$10,584
Dec 2025166056.664.41$9,406
Nov 20250058.593.93$0
Oct 2025173059.383.30$10,273
Sep 20250062.743.08$0
Aug 2025158063.933.01$10,101
Jul 20250066.743.32$0
Jun 2025165066.483.13$10,969
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025189067.704.27$12,795
Feb 2025187070.884.34$13,255
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024173071.372.28$12,347
Sep 2024148069.612.36$10,302
Aug 20240075.632.06$0
Jul 2024157079.932.15$12,549
Jun 20240078.082.63$0
May 2024162078.812.20$12,767
Apr 20240084.451.66$0
Mar 2024173080.301.55$13,892
Feb 20240076.091.78$0
Jan 2024131073.023.30$9,566
Dec 20230071.262.61$0
Nov 2023155077.892.81$12,073
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023127080.522.67$10,226
Jul 2023165074.852.64$12,350
Jun 2023164068.962.26$11,309
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023157072.852.39$11,437
Feb 2023158075.112.47$11,867
Jan 20230076.533.39$0
Dec 2022131076.415.73$10,010
Nov 20220085.005.65$0
Oct 2022129087.185.86$11,246
Sep 2022153084.888.16$12,987
Aug 20220094.529.13$0
Jul 20221560101.587.54$15,846
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221320104.226.84$13,757
Mar 202200108.885.08$0
Feb 2022165091.054.86$15,023
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021164077.435.24$12,699
Oct 20210079.795.71$0
Sep 2021165069.865.35$11,527
Aug 20210066.024.22$0
Jul 2021173070.783.98$12,245
Jun 20210069.493.38$0
May 2021160063.483.02$10,157
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021196050.412.81$9,880
Dec 20200044.642.68$0
Nov 2020158038.772.71$6,126
Oct 2020159036.972.48$5,878
Sep 20200037.091.99$0
Aug 2020163039.982.39$6,517
Jul 20200038.371.83$0
Jun 2020188034.901.69$6,561
May 2020173016.921.81$2,927
Apr 20200014.751.80$0
Mar 2020169030.341.86$5,127
Feb 20200049.881.98$0
Jan 2020331057.252.09$18,950
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019158053.472.42$8,448
Sep 20190055.052.66$0
Aug 2019158053.112.30$8,391
Jul 20190056.272.46$0
Jun 2019302052.782.49$15,940
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 2018174046.594.19$8,107
Nov 2018146052.934.24$7,728
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018305065.142.93$19,868
Jun 2018157060.183.08$9,448
May 20180065.382.90$0
Apr 2018177063.842.90$11,300
Mar 20180061.222.79$0
Feb 2018170061.782.77$10,503
Jan 20180062.874.01$0
Dec 2017155057.272.92$8,877
Nov 20170055.423.12$0
Oct 2017162049.292.98$7,985
Sep 2017168047.523.09$7,983
Aug 20170045.373.00$0
Jul 2017168043.873.09$7,370
Jun 2017167042.493.09$7,096
May 20170045.373.26$0
Apr 2017164047.933.21$7,861
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016165042.492.64$7,011
Oct 2016165046.193.09$7,621
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016170041.622.92$7,075
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016165036.561.99$6,032
Mar 20160033.011.79$0
Feb 2016165026.472.06$4,368
Jan 2016164027.352.36$4,485
Dec 20150032.362.00$0
Nov 2015158038.792.17$6,129
Oct 20150043.552.43$0
Sep 2015178042.992.76$7,652
Aug 20150040.162.87$0
Jul 2015167048.152.95$8,041
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015174049.822.71$8,669
Mar 20150042.892.93$0
Feb 2015175044.662.98$7,816
Jan 20150043.433.10$0
Dec 2014169054.693.59$9,243
Nov 20140070.464.25$0
Oct 2014170078.303.90$13,311
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014185096.564.18$17,864
Jun 2014186098.164.74$18,258
May 20140094.734.73$0
Apr 2014182095.944.81$17,461
Mar 2014172095.895.06$16,493
Feb 20140097.406.19$0
Jan 2014166090.404.86$15,006
Dec 20130091.824.35$0
Nov 2013166088.853.74$14,749
Oct 2013170097.423.78$16,561
Sep 20131550104.113.72$16,137
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013155094.403.93$14,632
May 2013154094.834.15$14,604
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013150091.603.42$13,740
Dec 20120086.773.42$0
Nov 2012152086.953.62$13,216
Oct 2012153089.383.40$13,675
Sep 20120094.672.92$0
Aug 2012154092.662.91$14,270
Jul 20120085.133.02$0
Jun 2012158079.822.52$12,612
May 2012154091.612.49$14,108
Apr 201200101.652.00$0
Mar 20121490105.052.22$15,652
Feb 201200101.102.57$0
Jan 2012138098.092.73$13,536
Dec 20111096.873.24$97
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011160083.404.15$13,344
Jul 2011155094.144.52$14,592
Jun 2011160092.904.64$14,864
May 20110098.134.40$0
Apr 20111610105.964.33$17,060
Mar 2011170096.364.06$16,381
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010173085.734.35$14,831
Nov 2010165080.843.80$13,339
Oct 2010162078.103.51$12,652
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010169072.554.74$12,261
Jun 20100070.364.91$0
May 2010171071.124.24$12,162
Apr 2010172081.694.12$14,051
Mar 20100078.394.39$0
Feb 2010173073.585.44$12,729
Jan 20101074.365.96$74
Dec 20090071.445.48$0
Nov 2009172074.593.75$12,829
Oct 2009175072.544.11$12,695
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009168061.133.46$10,270
Jun 2009172066.163.90$11,380
May 20090054.743.93$0
Apr 20091046.773.59$47
Mar 2009174042.144.06$7,332
Feb 20091032.814.63$33
Jan 2009172035.865.37$6,168
Dec 2008164037.105.98$6,084
Nov 2008168055.496.86$9,322
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081700114.228.48$19,417
Jul 200800131.0811.39$0
Jun 20081720131.3313.03$22,589
May 200800123.1711.57$0
Apr 20083470110.3110.45$38,278
Mar 200800101.909.66$0
Feb 2008165092.538.77$15,267
Jan 2008165090.388.21$14,913
Dec 20070088.337.30$0
Nov 2007183091.677.29$16,776
Oct 20070082.856.92$0
Sep 2007169075.846.24$12,817
Aug 20071069.066.39$69
Jul 2007167070.906.39$11,840
Jun 2007182062.007.55$11,284
May 20070058.747.85$0
Apr 2007171059.617.81$10,193
Mar 20070056.927.30$0
Feb 2007175055.108.22$9,643
Jan 2007184050.306.73$9,255
Dec 20060056.656.92$0
Nov 2006180054.207.62$9,756
Oct 2006171054.906.01$9,388
Sep 20060060.085.04$0
Aug 2006172068.717.34$11,818
Jul 2006165069.376.34$11,446
Jun 20060066.286.38$0
May 2006171066.016.42$11,288
Apr 2006171064.397.36$11,011
Mar 2006168056.707.08$9,526
Feb 20060057.597.75$0
Jan 2006175060.598.93$10,603
Dec 2005159054.9413.42$8,735
Nov 20050054.6910.59$0
Oct 2005157058.3413.80$9,159
Sep 2005167061.4512.08$10,262
Aug 2005180061.519.80$11,072
Jul 2005175055.697.84$9,746
Jun 20050052.337.38$0
May 2005159045.226.65$7,190
Apr 2005164049.207.36$8,069
Mar 2005179050.377.15$9,016
Feb 2005173045.226.31$7,823
Jan 2005171043.166.32$7,380
Dec 2004174039.866.75$6,936
Nov 2004161045.286.33$7,290
Oct 2004179049.706.52$8,896
Sep 20040043.245.28$0
Aug 2004345042.375.55$14,618
Jul 20040038.286.08$0
Jun 2004160036.106.43$5,776
May 2004173037.486.49$6,484
Apr 2004175034.475.86$6,032
Mar 2004179034.365.53$6,150
Feb 20040032.455.51$0
Jan 2004160032.036.30$5,125
Dec 2003168030.266.30$5,084
Nov 2003158028.804.60$4,550
Oct 2003169028.174.76$4,761
Sep 2003170026.314.75$4,473
Aug 2003337029.765.13$10,029
Jul 2003177029.415.17$5,206
Jun 2003173028.565.98$4,941
May 20030026.595.97$0
Apr 2003162026.675.41$4,321
Mar 2003152031.146.10$4,733
Feb 20030033.487.93$0
Jan 2003181030.315.58$5,486
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002520027.443.64$14,269
Aug 20021025.963.16$26
Jul 2002167024.583.06$4,105
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002331023.653.51$7,828
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002184017.172.38$3,159
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001178019.782.53$3,521
Sep 20010024.262.25$0
Aug 2001159024.873.05$3,954
Jul 2001145023.933.20$3,470
Jun 20010024.563.82$0
May 2001167025.524.31$4,262
Apr 20010024.685.34$0
Mar 2001360024.545.38$8,834
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000319032.215.66$10,275
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000173029.644.54$5,128
Jul 20003028.534.09$86
Jun 2000182029.304.40$5,333
May 20000027.263.68$0
Apr 2000185024.513.12$4,534
Mar 20000028.422.86$0
Feb 2000193027.622.73$5,331
Jan 2000170025.272.48$4,296
Dec 1999164024.282.42$3,982
Nov 19990023.192.43$0
Oct 1999163020.982.80$3,420
Sep 1999163021.752.62$3,545
Aug 19990019.262.88$0
Jul 1999149017.892.37$2,666
Jun 1999162015.942.36$2,582
May 19990015.792.32$0
Apr 1999319015.102.21$4,817
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999160010.381.90$1,661
Dec 1998009.201.77$0
Nov 1998154010.892.19$1,677
Oct 1998171012.421.97$2,124
Sep 1998178012.592.08$2,241
Aug 1998163011.301.91$1,842
Jul 1998154011.742.24$1,808
Jun 1998162011.242.24$1,821
May 19980012.622.21$0
Apr 1998165013.042.51$2,152
Mar 1998160012.802.31$2,048
Feb 1998323013.952.30$4,506
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997166018.193.09$3,020
Oct 1997167019.253.15$3,215
Sep 1997164017.742.95$2,909
Aug 1997157017.862.55$2,804
Jul 1997163017.582.25$2,866
Jun 19970017.242.26$0
May 1997164018.972.31$3,111
Apr 1997163017.882.08$2,914
Mar 1997163018.951.94$3,089
Feb 1997170020.492.21$3,483
Jan 19973023.483.54$70
Dec 1996166023.32$3,871
Nov 1996162021.97$3,559
Oct 1996164023.31$3,823
Sep 1996170022.22$3,777
Aug 1996156020.26$3,161
Jul 1996164119.55$3,206
Jun 1996162118.73$3,034
May 19961641419.43$3,187
Apr 199603921.51$0
Mar 19961635319.38$3,159
Feb 19961645516.98$2,785
Jan 19961623017.07$2,765
Dec 19951633317.19$2,802
Nov 19951624916.00$2,592
Oct 19951685615.43$2,592
Sep 1995010716.18$0
Aug 19953233515.92$5,142
Jul 199532715.24$46
Jun 19951619916.41$2,642
May 199513812017.56$2,423
Apr 199516311017.73$2,890
Mar 19951539716.44$2,515
Feb 19951659816.58$2,736
Jan 199516310015.92$2,595
Dec 199416511715.03$2,480
Nov 199415910815.90$2,528
Oct 199416010515.58$2,493
Sep 19941569615.29$2,385
Aug 199416310616.13$2,629
Jul 19941586117.56$2,774
Jun 199416710917.09$2,854
May 1994110615.88$16
Apr 199416319314.14$2,305
Mar 199416634412.46$2,068
Feb 199417530312.50$2,188
Jan 199416633712.66$2,102
Dec 199315030312.33$1,850
Nov 199316237514.49$2,347
Oct 199315826715.85$2,504
Sep 199332456615.03$4,870
Aug 1993230915.66$31
Jul 199315927015.46$2,458
Jun 19931606516.79$2,686
May 199316630917.68$2,935
Apr 199317344018.05$3,123
Mar 199316431018.14$2,975
Feb 199315430017.90$2,757
Jan 199316028516.93$2,709

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                  166 bbl  × $106.41 =    $17,664
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,664

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/24218 is the state's own key, not one this site invented.