UNIVERSITY "12-18"

Operated by OASIS PETROLEUM PERMIAN LLC (P-5 617484) in the WAR-WINK, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24359District 08Field 95129600Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$18.7 M
Jan 1993 – Dec 2019
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
324
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 63 leases and 103 wells, and the rule below applies to all of them.

Discovered
1974-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-08-11.

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: FOR GAS WELLS IS 10%.

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
OilDisposition402,210 bbl$16,709,393
Casinghead gasProduction528,883 Mcf$2,003,508
Total$18,712,901

105,084 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 31.5923, -103.2511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.59231, -103.25110 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
12,976 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
2100.0%
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 12,800 and 13,152 ft, median 12,976 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1977 – Dec 1984
2 of 2 wells

2 wells

42-47533490212,800 ftDec 1984Yes
42-47530920113,152 ftJan 1977Yes

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 (324)

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

324 months

Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201936349952.782.49$20,402
May 201917726658.482.74$11,080
Apr 201937783462.632.75$25,906
Mar 2019057456.803.06$1,758
Feb 2019017350.852.79$483
Jan 20192044946.033.23$9,548
Dec 20188701,54446.594.19$46,996
Nov 20189601,81352.934.24$58,495
Oct 20181,3041,76361.443.40$86,109
Sep 20189031,56459.543.11$58,626
Aug 20181,9411,61159.403.07$120,236
Jul 20187411,00065.142.93$51,201
Jun 2018013160.183.08$403
May 20181,21691365.382.90$82,151
Apr 20189381,08463.842.90$63,026
Mar 201873892361.222.79$47,753
Feb 201891282061.782.77$58,612
Jan 201855879062.874.01$38,249
Dec 20171,1191,02757.272.92$67,086
Nov 201791687155.423.12$53,481
Oct 201792287149.292.98$48,044
Sep 201773187147.523.09$37,426
Aug 20171,09587145.373.00$52,297
Jul 20177431,44543.873.09$37,057
Jun 20171,1081,35542.493.09$51,262
May 20177441,33045.373.26$38,096
Apr 20171,1161,12047.933.21$57,087
Mar 20179381,22846.772.98$47,534
Feb 20179321,07050.452.95$50,179
Jan 20177591,26249.413.42$41,817
Dec 20169221,29248.763.72$49,767
Nov 20169331,31442.492.64$43,118
Oct 20161,2661,35046.193.09$62,648
Sep 20169161,32441.553.10$42,165
Aug 20169321,21841.442.92$42,184
Jul 20167561,02241.622.92$34,453
Jun 20169071,41445.352.69$44,930
May 20161,2831,05242.521.99$56,648
Apr 201637047236.561.99$14,467
Mar 20169071,40033.011.79$32,452
Feb 20161,4381,48226.472.06$41,122
Jan 20165671,67727.352.36$19,472
Dec 20159561,56032.362.00$34,058
Nov 20159571,60438.792.17$40,598
Oct 20159151,55543.552.43$43,622
Sep 20159041,48942.992.76$42,970
Aug 20157311,23640.162.87$32,907
Jul 20151,1001,30148.152.95$56,797
Jun 20159301,27156.152.88$55,884
May 20157611,67755.212.96$46,971
Apr 20151,1041,55749.822.71$59,215
Mar 20159531,48742.892.93$45,238
Feb 201575593644.662.98$36,504
Jan 20158051,49843.433.10$39,606
Dec 20141,1371,54854.693.59$67,742
Nov 20145771,16170.464.25$45,592
Oct 20141,1171,15778.303.90$91,975
Sep 20147461,13086.164.05$68,847
Aug 20147471,31089.394.04$72,060
Jul 20141,1211,49396.564.18$114,484
Jun 20145401,20698.164.74$58,719
May 20147531,23594.734.73$77,169
Apr 20147651,20695.944.81$79,194
Mar 20147831,20195.895.06$81,155
Feb 20144041,10897.406.19$46,210
Jan 20147861,02890.404.86$76,051
Dec 20134041,08691.824.35$41,824
Nov 201376498388.853.74$71,556
Oct 201375298897.423.78$76,994
Sep 20137411,123104.113.72$81,321
Aug 20137421,131104.253.52$81,338
Jul 20136931,208102.523.72$75,537
Jun 20137501,36794.403.93$76,177
May 20137681,41894.834.15$78,713
Apr 20137741,17893.964.28$77,770
Mar 20137861,13293.623.91$78,015
Feb 20133991,04691.233.42$39,978
Jan 20135791,25191.603.42$57,315
Dec 20127981,49786.773.42$74,362
Nov 20127601,23386.953.62$70,552
Oct 201277692389.383.40$72,497
Sep 20127371,67694.672.92$74,663
Aug 20127791,68192.662.91$77,071
Jul 20129511,94585.133.02$86,834
Jun 20129381,31679.822.52$78,186
May 20121,1531,75491.612.49$109,991
Apr 20126051,755101.652.00$65,003
Mar 20129711,674105.052.22$105,723
Feb 20121,1521,545101.102.57$120,438
Jan 20121,1661,64798.092.73$118,876
Dec 20117541,28696.873.24$77,206
Nov 20117441,31595.723.31$75,570
Oct 20111,1431,32884.983.65$101,977
Sep 20117741,28083.623.99$69,824
Aug 20111,1421,18483.404.15$100,156
Jul 20117341,43194.144.52$75,563
Jun 201119271792.904.64$21,164
May 20111,3001,25898.134.40$133,110
Apr 20111,1501,629105.964.33$128,913
Mar 20119661,43796.364.06$98,914
Feb 20111,0051,31085.644.18$91,544
Jan 20111,3161,46686.504.59$120,561
Dec 201057782485.734.35$53,049
Nov 201074877780.843.80$63,417
Oct 20109001,39378.103.51$75,178
Sep 20101,2771,34372.633.98$98,093
Aug 20107521,38973.684.42$61,546
Jul 20107641,11972.554.74$60,728
Jun 20101,0981,32570.364.91$83,762
May 20107671,26071.124.24$59,885
Apr 20101,2301,18781.694.12$105,372
Mar 20108271,28078.394.39$70,446
Feb 20101,1481,39073.585.44$92,035
Jan 20101,1611,29274.365.96$94,038
Dec 20091,1551,09771.445.48$88,529
Nov 20091,1301,41174.593.75$89,580
Oct 20091,4961,55972.544.11$114,928
Sep 20097291,02365.543.06$50,914
Aug 200992690967.423.22$65,357
Jul 20091,1251,61061.133.46$74,349
Jun 20091,1261,45666.163.90$80,167
May 20097501,28354.743.93$46,092
Apr 20091,1801,10646.773.59$59,156
Mar 20099811,34042.144.06$46,778
Feb 20091,1501,03232.814.63$42,513
Jan 20099671,33435.865.37$41,842
Dec 20087941,17737.105.98$36,492
Nov 20089531,05755.496.86$60,133
Oct 20081,1321,05375.246.92$92,461
Sep 20081,152865101.767.88$124,041
Aug 20081,5321,745114.228.48$189,788
Jul 20081,2041,904131.0811.39$179,506
Jun 20081,6952,097131.3313.03$249,934
May 20081,3061,623123.1711.57$179,645
Apr 20081,1531,699110.3110.45$144,950
Mar 20081,1181,618101.909.66$129,561
Feb 20081,3091,42392.538.77$133,602
Jan 20081,4911,41290.388.21$146,343
Dec 200774481888.337.30$71,691
Nov 200792480691.677.29$90,580
Oct 20071,2661,47782.856.92$115,112
Sep 20071,4581,54375.846.24$120,209
Aug 20071,1091,51369.066.39$86,252
Jul 20071,6891,39870.906.39$128,680
Jun 200757390162.007.55$42,327
May 20071,1061,67258.747.85$78,085
Apr 20071,3091,71859.617.81$91,439
Mar 20071,5722,08756.927.30$104,717
Feb 20071,5441,43055.108.22$96,823
Jan 20078961,48450.306.73$55,051
Dec 20061,2951,38456.656.92$82,937
Nov 20061,2601,57854.207.62$80,312
Oct 20068981,36654.906.01$57,515
Sep 20061,0671,42260.085.04$71,268
Aug 20061,0701,31968.717.34$83,201
Jul 20061,4221,61169.376.34$108,862
Jun 20061,2521,73566.286.38$94,059
May 20061,0701,55566.016.42$80,622
Apr 200635353664.397.36$26,675
Mar 200690367556.707.08$55,981
Feb 20061,4472,03457.597.75$99,099
Jan 20061,0851,88860.598.93$82,606
Dec 20051,4851,44154.9413.42$100,917
Nov 20051,0961,58854.6910.59$76,755
Oct 20051,0851,75258.3413.80$87,469
Sep 20051,0812,50361.4512.08$96,661
Aug 20051,7962,37461.519.80$133,730
Jul 20051,0842,59955.697.84$80,754
Jun 20051,4272,71952.337.38$94,744
May 20051,6182,72745.226.65$91,304
Apr 20051,6122,63749.207.36$98,720
Mar 20051,4533,00750.377.15$94,702
Feb 20051,6552,55145.226.31$90,941
Jan 20051,4412,74643.166.32$79,554
Dec 20041,8412,48639.866.75$90,165
Nov 20041,0862,45845.286.33$64,734
Oct 20041,7882,70849.706.52$106,506
Sep 20041,8001,94743.245.28$88,120
Aug 20041,4522,87542.375.55$77,479
Jul 20041,4272,85638.286.08$72,002
Jun 20041,0633,11436.106.43$58,407
May 20041,8082,97637.486.49$87,092
Apr 20041,4452,84634.475.86$66,482
Mar 20041,8552,88434.365.53$79,687
Feb 20041,9882,38332.455.51$77,640
Jan 20041,4512,79232.036.30$64,064
Dec 20031,8222,49330.266.30$70,844
Nov 20037181,96728.804.60$29,717
Oct 20032,1253,22728.174.76$75,221
Sep 20031,7713,02826.314.75$60,976
Aug 20031,7573,31829.765.13$69,309
Jul 20031,4023,59129.415.17$59,801
Jun 20032,1113,48728.565.98$81,153
May 20031,7603,08826.595.97$65,242
Apr 20031,7763,58226.675.41$66,735
Mar 20032,3283,71531.146.10$95,141
Feb 20031,7802,52733.487.93$79,623
Jan 20031,4382,51530.315.58$57,625
Dec 20022,1732,29526.914.85$69,615
Nov 20021,7921,99424.664.14$52,440
Oct 20021,4201,89926.464.23$45,604
Sep 20021,7931,84727.443.64$55,914
Aug 20021,4192,09525.963.16$43,466
Jul 20021,3471,62224.583.06$38,075
Jun 20021,4461,47423.733.34$39,234
May 20021,4431,33324.663.58$40,362
Apr 20022,1602,39523.653.51$59,496
Mar 20021,6132,41922.003.10$42,991
Feb 20021,8062,08518.222.38$37,859
Jan 20021,8122,43617.172.38$36,899
Dec 20012,2152,26316.932.36$42,851
Nov 20011,8812,05618.072.41$38,935
Oct 20011,5081,90319.782.53$34,641
Sep 20011,8932,19824.262.25$50,873
Aug 20012,2391,94724.873.05$61,628
Jul 20011,5041,47823.933.20$40,716
Jun 20011,8592,06424.563.82$53,550
May 20011,8362,36525.524.31$57,042
Apr 20012,2021,92524.685.34$64,616
Mar 20012,1262,21324.545.38$64,070
Feb 20011,7281,87527.755.77$58,765
Jan 20011,7712,04427.478.40$65,816
Dec 20002,4921,89626.889.12$84,281
Nov 20001,7581,93332.215.66$67,562
Oct 20002,1331,89331.235.15$76,354
Sep 20002,3082,26731.875.19$85,314
Aug 20002,1292,44129.644.54$74,188
Jul 20002,1082,51228.534.09$70,415
Jun 20002,0932,35829.304.40$71,694
May 20002,0742,64427.263.68$66,267
Apr 20001,7452,05924.513.12$49,186
Mar 20002,1082,30728.422.86$66,507
Feb 20001,4111,71127.622.73$43,637
Jan 20001,4181,77625.272.48$40,238
Dec 19991,4011,83924.282.42$38,474
Nov 199987290723.192.43$22,429
Oct 19998861,03420.982.80$21,487
Sep 19991,06199021.752.62$25,669
Aug 199971886519.262.88$16,316
Jul 19991,0661,22817.892.37$21,984
Jun 19991,0731,26815.942.36$20,099
May 19991,0521,14115.792.32$19,259
Apr 199970299515.102.21$12,797
Mar 19991,0631,13712.471.84$15,346
Feb 19991,0441,0559.981.82$12,337
Jan 19991,0571,08910.381.90$13,041
Dec 19981,0681,0909.201.77$11,759
Nov 19981,0441,05910.892.19$13,684
Oct 19981,0651,19712.421.97$15,584
Sep 19987141,17812.592.08$11,443
Aug 19981,0561,26511.301.91$14,346
Jul 19981,4001,18311.742.24$19,083
Jun 19981,0761,19711.242.24$14,772
May 19987091,34112.622.21$11,906
Apr 19981,4441,30213.042.51$22,092
Mar 19981,0631,26512.802.31$16,528
Feb 19981,0851,17813.952.30$17,844
Jan 19981,0941,34114.702.15$18,971
Dec 19971,4521,23716.322.41$26,679
Nov 19971,0901,23018.193.09$23,626
Oct 19971,3221,40519.253.15$29,874
Sep 19971,1491,49817.742.95$24,810
Aug 19971,1831,64717.862.55$25,336
Jul 19971,5121,84417.582.25$30,724
Jun 19971,1141,69817.242.26$23,038
May 19971,5101,70218.972.31$32,574
Apr 19971,5161,26017.882.08$29,730
Mar 19971,4881,57018.951.94$31,242
Feb 19971,5151,34720.492.21$34,014
Jan 19971,4911,48523.483.54$40,265
Dec 19961,5351,56923.32$35,796
Nov 19961,1091,33721.97$24,365
Oct 19961,8531,68523.31$43,193
Sep 19961,1451,51322.22$25,442
Aug 19961,5241,53920.26$30,876
Jul 19961,4521,33119.55$28,387
Jun 19961,4821,72318.73$27,758
May 19961,6181,51819.43$31,438
Apr 19961,8241,79621.51$39,234
Mar 199635169819.38$6,802
Feb 199653460516.98$9,067
Jan 199654687117.07$9,320
Dec 199584429617.19$14,508
Nov 19951,05464816.00$16,864
Oct 19951,4141,44615.43$21,818
Sep 19951,9822,44316.18$32,069
Aug 19951,9212,40415.92$30,582
Jul 19951,9362,58315.24$29,505
Jun 19952,0242,40116.41$33,214
May 19952,0362,64517.56$35,752
Apr 19952,0952,51617.73$37,144
Mar 19951,9202,25616.44$31,565
Feb 19951,9742,51416.58$32,729
Jan 19952,1622,70015.92$34,419
Dec 19942,2662,87915.03$34,058
Nov 19942,3813,00915.90$37,858
Oct 19941,8373,17715.58$28,620
Sep 19942,5432,95515.29$38,882
Aug 19941,4322,61016.13$23,098
Jul 19942,2343,03317.56$39,229
Jun 19941,7932,84717.09$30,642
May 19942,1813,07815.88$34,634
Apr 19942,1772,94514.14$30,783
Mar 19942,1912,96212.46$27,300
Feb 19942,2022,48212.50$27,525
Jan 19942,1802,82212.66$27,599
Dec 19932,2062,82012.33$27,200
Nov 19932,5082,96614.49$36,341
Oct 19932,1952,95715.85$34,791
Sep 19932,1802,72315.03$32,765
Aug 19932,5062,42615.66$39,244
Jul 19932,1392,48515.46$33,069
Jun 19931,6262,40216.79$27,301
May 19931,8172,15517.68$32,125
Apr 19932,1641,97518.05$39,060
Mar 19931,8162,20818.14$32,942
Feb 19931,5991,86917.90$28,622
Jan 19932,0172,26216.93$34,148

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.

Jun 2019 — as filed, then multipliedworked
Oil                  363 bbl  × $ 52.78 =    $19,159
Casinghead gas       499 Mcf  × $  2.49 =     $1,243

────────────────────────────────────────────────────
Month total                                  $20,402

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/24359 is the state's own key, not one this site invented.