PHILLIPS-UNIVERSITY

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

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the MARTIN (TUBB) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24233District 08Field 57774664Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$6.1 M

Jan 1993 – Sep 2010

Value, last 12 filed months

$306 k

at the published price for each month

Months reported

213

no gaps in the span

Streams

oil, casinghead gas

The MARTIN (TUBB) 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 13 leases and 41 wells, and the rule below applies to all of them.

Discovered

1955-11-24

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: “INTO MARTIN (CONSOLIDATED) EFFECTIVE 6/22/2010.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	82,372 bbl	$2,679,582
Casinghead gas	Production	950,203 Mcf	$3,394,893
Total			$6,074,475

284,622 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 32.1646, -102.7543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.16493, -102.75384 · 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%

4 of 4 wells

With a plug date

0.0%

0 of 4 wells

Median depth

6,457 ft

4 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

4100.0%

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.

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 6,440 and 6,550 ft, median 6,457 ft, over the 4 wells that filed a depth.

Completions filed

Oct 1976 – Jun 1977

4 of 4 wells

4 wells


42-00331147	4	6,463 ft	Jun 1977	—	Yes
42-00331146	3	6,550 ft	Jun 1977	—	Yes
42-00331115	2	6,440 ft	Jan 1977	—	Yes
42-00331034	1	6,450 ft	Oct 1976	—	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 (213)

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

213 months


Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	200	0	72.55	4.74	$14,510
Jun 2010	171	0	70.36	4.91	$12,032
May 2010	171	3,549	71.12	4.24	$27,192
Apr 2010	180	3,124	81.69	4.12	$27,583
Mar 2010	501	3,235	78.39	4.39	$53,471
Feb 2010	185	2,953	73.58	5.44	$29,684
Jan 2010	363	4,035	74.36	5.96	$51,058
Dec 2009	176	2,630	71.44	5.48	$26,996
Nov 2009	175	3,642	74.59	3.75	$26,716
Oct 2009	344	2,785	72.54	4.11	$36,401
Sep 2009	342	3,759	65.54	3.06	$33,935
Aug 2009	172	4,085	67.42	3.22	$24,744
Jul 2009	349	3,945	61.13	3.46	$35,002
Jun 2009	171	3,625	66.16	3.90	$25,433
May 2009	346	4,232	54.74	3.93	$35,554
Apr 2009	340	3,711	46.77	3.59	$29,215
Mar 2009	192	2,561	42.14	4.06	$18,486
Feb 2009	180	2,795	32.81	4.63	$18,855
Jan 2009	370	4,061	35.86	5.37	$35,080
Dec 2008	366	4,107	37.10	5.98	$38,127
Nov 2008	345	3,735	55.49	6.86	$44,767
Oct 2008	183	3,630	75.24	6.92	$38,896
Sep 2008	179	2,797	101.76	7.88	$40,247
Aug 2008	358	4,415	114.22	8.48	$78,343
Jul 2008	354	3,192	131.08	11.39	$82,757
Jun 2008	353	2,947	131.33	13.03	$84,767
May 2008	181	2,986	123.17	11.57	$56,855
Apr 2008	179	3,366	110.31	10.45	$54,937
Mar 2008	364	3,954	101.90	9.66	$75,303
Feb 2008	361	3,676	92.53	8.77	$65,644
Jan 2008	555	3,844	90.38	8.21	$81,704
Dec 2007	359	3,482	88.33	7.30	$57,136
Nov 2007	6	3,667	91.67	7.29	$27,289
Oct 2007	531	3,731	82.85	6.92	$69,819
Sep 2007	2	2,882	75.84	6.24	$18,147
Aug 2007	367	3,757	69.06	6.39	$49,345
Jul 2007	373	4,024	70.90	6.39	$52,151
Jun 2007	365	3,781	62.00	7.55	$51,171
May 2007	351	3,945	58.74	7.85	$51,571
Apr 2007	357	3,777	59.61	7.81	$50,761
Mar 2007	352	3,866	56.92	7.30	$48,265
Feb 2007	357	3,736	55.10	8.22	$50,366
Jan 2007	1	4,171	50.30	6.73	$28,108
Dec 2006	350	4,088	56.65	6.92	$48,110
Nov 2006	384	3,134	54.20	7.62	$44,686
Oct 2006	368	4,217	54.90	6.01	$45,563
Sep 2006	722	3,801	60.08	5.04	$62,524
Aug 2006	0	4,025	68.71	7.34	$29,543
Jul 2006	353	4,069	69.37	6.34	$50,296
Jun 2006	359	4,332	66.28	6.38	$51,449
May 2006	0	4,306	66.01	6.42	$27,666
Apr 2006	364	4,571	64.39	7.36	$57,083
Mar 2006	369	5,200	56.70	7.08	$57,753
Feb 2006	359	4,404	57.59	7.75	$54,811
Jan 2006	368	4,312	60.59	8.93	$60,818
Dec 2005	380	5,078	54.94	13.42	$89,001
Nov 2005	359	5,197	54.69	10.59	$74,662
Oct 2005	363	5,428	58.34	13.80	$96,061
Sep 2005	357	4,604	61.45	12.08	$77,549
Aug 2005	363	5,353	61.51	9.80	$74,771
Jul 2005	367	5,275	55.69	7.84	$61,813
Jun 2005	377	5,162	52.33	7.38	$57,829
May 2005	370	4,995	45.22	6.65	$49,954
Apr 2005	376	4,921	49.20	7.36	$54,720
Mar 2005	363	5,053	50.37	7.15	$54,438
Feb 2005	356	4,324	45.22	6.31	$43,391
Jan 2005	366	4,129	43.16	6.32	$41,901
Dec 2004	359	4,511	39.86	6.75	$44,764
Nov 2004	365	5,252	45.28	6.33	$49,775
Oct 2004	360	4,298	49.70	6.52	$45,894
Sep 2004	359	4,646	43.24	5.28	$40,072
Aug 2004	712	5,091	42.37	5.55	$58,426
Jul 2004	380	5,727	38.28	6.08	$49,391
Jun 2004	369	5,542	36.10	6.43	$48,973
May 2004	367	5,767	37.48	6.49	$51,209
Apr 2004	719	5,035	34.47	5.86	$54,281
Mar 2004	726	5,220	34.36	5.53	$53,813
Feb 2004	5	3,580	32.45	5.51	$19,887
Jan 2004	378	3,881	32.03	6.30	$36,556
Dec 2003	730	4,079	30.26	6.30	$47,794
Nov 2003	4	4,797	28.80	4.60	$22,158
Oct 2003	385	3,665	28.17	4.76	$28,290
Sep 2003	0	3,439	26.31	4.75	$16,333
Aug 2003	358	3,517	29.76	5.13	$28,695
Jul 2003	368	1,167	29.41	5.17	$16,857
Jun 2003	382	3,576	28.56	5.98	$32,305
May 2003	364	3,612	26.59	5.97	$31,252
Apr 2003	359	3,389	26.67	5.41	$27,900
Mar 2003	377	3,424	31.14	6.10	$32,613
Feb 2003	376	3,141	33.48	7.93	$37,484
Jan 2003	354	3,554	30.31	5.58	$30,568
Dec 2002	373	3,590	26.91	4.85	$27,462
Nov 2002	2	3,634	24.66	4.14	$15,083
Oct 2002	734	3,908	26.46	4.23	$35,949
Sep 2002	3	3,831	27.44	3.64	$14,009
Aug 2002	734	3,409	25.96	3.16	$29,841
Jul 2002	0	3,836	24.58	3.06	$11,745
Jun 2002	356	3,901	23.73	3.34	$21,470
May 2002	353	3,872	24.66	3.58	$22,582
Apr 2002	365	3,751	23.65	3.51	$21,807
Mar 2002	376	3,510	22.00	3.10	$19,163
Feb 2002	375	3,615	18.22	2.38	$15,421
Jan 2002	369	4,083	17.17	2.38	$16,036
Dec 2001	372	4,063	16.93	2.36	$15,905
Nov 2001	377	3,920	18.07	2.41	$16,242
Oct 2001	373	4,239	19.78	2.53	$18,098
Sep 2001	396	4,202	24.26	2.25	$19,067
Aug 2001	560	4,439	24.87	3.05	$27,480
Jul 2001	0	4,473	23.93	3.20	$14,301
Jun 2001	563	3,639	24.56	3.82	$27,743
May 2001	378	4,193	25.52	4.31	$27,707
Apr 2001	373	3,593	24.68	5.34	$28,375
Mar 2001	383	4,054	24.54	5.38	$31,195
Feb 2001	389	3,649	27.75	5.77	$31,839
Jan 2001	353	4,080	27.47	8.40	$43,964
Dec 2000	379	4,154	26.88	9.12	$48,082
Nov 2000	374	3,993	32.21	5.66	$34,639
Oct 2000	376	4,167	31.23	5.15	$33,184
Sep 2000	368	4,078	31.87	5.19	$32,879
Aug 2000	373	4,355	29.64	4.54	$30,831
Jul 2000	371	4,367	28.53	4.09	$28,445
Jun 2000	377	3,979	29.30	4.40	$28,543
May 2000	374	3,800	27.26	3.68	$24,178
Apr 2000	374	4,299	24.51	3.12	$22,562
Mar 2000	374	3,070	28.42	2.86	$19,409
Feb 2000	1	3,453	27.62	2.73	$9,442
Jan 2000	764	4,263	25.27	2.48	$29,881
Dec 1999	392	4,618	24.28	2.42	$20,711
Nov 1999	1	3,516	23.19	2.43	$8,581
Oct 1999	366	4,360	20.98	2.80	$19,903
Sep 1999	378	4,375	21.75	2.62	$19,679
Aug 1999	355	4,491	19.26	2.88	$19,752
Jul 1999	378	4,484	17.89	2.37	$17,400
Jun 1999	375	4,388	15.94	2.36	$16,342
May 1999	377	4,606	15.79	2.32	$16,643
Apr 1999	367	4,236	15.10	2.21	$14,895
Mar 1999	742	4,314	12.47	1.84	$17,183
Feb 1999	379	4,050	9.98	1.82	$11,144
Jan 1999	387	4,401	10.38	1.90	$12,379
Dec 1998	390	4,390	9.20	1.77	$11,373
Nov 1998	381	4,394	10.89	2.19	$13,753
Oct 1998	386	4,431	12.42	1.97	$13,520
Sep 1998	386	4,553	12.59	2.08	$14,342
Aug 1998	357	4,850	11.30	1.91	$13,285
Jul 1998	375	4,789	11.74	2.24	$15,117
Jun 1998	386	4,556	11.24	2.24	$14,532
May 1998	376	4,640	12.62	2.21	$14,983
Apr 1998	393	4,834	13.04	2.51	$17,235
Mar 1998	392	5,017	12.80	2.31	$16,604
Feb 1998	380	4,322	13.95	2.30	$15,238
Jan 1998	761	4,709	14.70	2.15	$21,334
Dec 1997	382	4,884	16.32	2.41	$18,010
Nov 1997	400	4,914	18.19	3.09	$22,452
Oct 1997	384	4,380	19.25	3.15	$21,188
Sep 1997	379	4,926	17.74	2.95	$21,279
Aug 1997	375	5,190	17.86	2.55	$19,957
Jul 1997	387	5,158	17.58	2.25	$18,393
Jun 1997	384	4,872	17.24	2.26	$17,617
May 1997	763	5,449	18.97	2.31	$27,053
Apr 1997	378	5,237	17.88	2.08	$17,666
Mar 1997	375	5,489	18.95	1.94	$17,750
Feb 1997	386	4,885	20.49	2.21	$18,685
Jan 1997	388	5,328	23.48	3.54	$27,970
Dec 1996	727	4,638	23.32	—	$16,954
Nov 1996	373	5,129	21.97	—	$8,195
Oct 1996	385	5,530	23.31	—	$8,974
Sep 1996	369	5,127	22.22	—	$8,199
Aug 1996	765	5,732	20.26	—	$15,499
Jul 1996	368	5,579	19.55	—	$7,194
Jun 1996	368	5,481	18.73	—	$6,893
May 1996	372	5,701	19.43	—	$7,228
Apr 1996	747	5,418	21.51	—	$16,068
Mar 1996	375	5,366	19.38	—	$7,268
Feb 1996	363	5,126	16.98	—	$6,164
Jan 1996	719	5,495	17.07	—	$12,273
Dec 1995	361	5,561	17.19	—	$6,206
Nov 1995	371	5,467	16.00	—	$5,936
Oct 1995	784	6,793	15.43	—	$12,097
Sep 1995	385	5,744	16.18	—	$6,229
Aug 1995	381	6,182	15.92	—	$6,066
Jul 1995	341	6,123	15.24	—	$5,197
Jun 1995	712	4,882	16.41	—	$11,684
May 1995	378	5,865	17.56	—	$6,638
Apr 1995	397	5,859	17.73	—	$7,039
Mar 1995	748	6,146	16.44	—	$12,297
Feb 1995	362	5,614	16.58	—	$6,002
Jan 1995	736	6,152	15.92	—	$11,717
Dec 1994	393	6,021	15.03	—	$5,907
Nov 1994	378	5,996	15.90	—	$6,010
Oct 1994	767	6,288	15.58	—	$11,950
Sep 1994	381	6,298	15.29	—	$5,825
Aug 1994	374	6,738	16.13	—	$6,033
Jul 1994	546	6,780	17.56	—	$9,588
Jun 1994	751	6,243	17.09	—	$12,835
May 1994	387	4,415	15.88	—	$6,146
Apr 1994	374	6,179	14.14	—	$5,288
Mar 1994	767	6,286	12.46	—	$9,557
Feb 1994	763	5,713	12.50	—	$9,538
Jan 1994	366	6,136	12.66	—	$4,634
Dec 1993	723	6,157	12.33	—	$8,915
Nov 1993	361	6,554	14.49	—	$5,231
Oct 1993	739	6,662	15.85	—	$11,713
Sep 1993	365	6,248	15.03	—	$5,486
Aug 1993	757	6,609	15.66	—	$11,855
Jul 1993	359	6,753	15.46	—	$5,550
Jun 1993	364	6,391	16.79	—	$6,112
May 1993	741	6,493	17.68	—	$13,101
Apr 1993	372	5,999	18.05	—	$6,715
Mar 1993	758	6,443	18.14	—	$13,750
Feb 1993	395	5,881	17.90	—	$7,071
Jan 1993	1,125	6,629	16.93	—	$19,046

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 2010 — as filed, then multipliedworked

Oil                  200 bbl  × $ 72.55 =    $14,510
Casinghead gas         0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                  $14,510

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/24233 is the state's own key, not one this site invented.