UNIVERSITY "17-40"

Operated by SPINDLETOP DRILLING CO. (P-5 809924) in the CAPRITO (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25839District 08Field 15499850NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1979-02-01
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

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
OilDisposition60,410 bbl$2,097,809
Casinghead gasProduction880 Mcf$958
Total$2,098,766

480 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 (1)

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 31.5277, -103.1855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52766, -103.18547 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
18,570 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 18,570 ft.

Completions filed
May 1993
1 of 1 wells

1 well

42-47531797118,570 ftMay 1993

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024162084.451.66$13,681
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023177074.852.64$13,248
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 20221680109.378.43$18,374
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021157066.024.22$10,365
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021173063.483.02$10,982
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20203030.341.86$91
Feb 2020164049.881.98$8,180
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019170055.302.75$9,401
Oct 20190053.472.42$0
Sep 2019171055.052.66$9,414
Aug 2019161053.112.30$8,551
Jul 2019170056.272.46$9,566
Jun 2019259052.782.49$13,670
May 2019170058.482.74$9,942
Apr 20190062.632.75$0
Mar 2019149056.803.06$8,463
Feb 2019196050.852.79$9,967
Jan 2019169046.033.23$7,779
Dec 2018175046.594.19$8,153
Nov 20180052.934.24$0
Oct 2018173061.443.40$10,629
Sep 20180059.543.11$0
Aug 2018170059.403.07$10,098
Jul 20180065.142.93$0
Jun 2018227060.183.08$13,661
May 20180065.382.90$0
Apr 2018183063.842.90$11,683
Mar 20180061.222.79$0
Feb 2018177061.782.77$10,935
Jan 20184062.874.01$251
Dec 20170057.272.92$0
Nov 2017168055.423.12$9,311
Oct 20170049.292.98$0
Sep 2017173047.523.09$8,221
Aug 2017170045.373.00$7,713
Jul 20176043.873.09$263
Jun 2017184042.493.09$7,818
May 20172045.373.26$91
Apr 20174047.933.21$192
Mar 2017169046.772.98$7,904
Feb 2017173050.452.95$8,728
Jan 2017362049.413.42$17,886
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016168041.442.92$6,962
Jul 20160041.622.92$0
Jun 2016165045.352.69$7,483
May 2016169042.521.99$7,186
Apr 20160036.561.99$0
Mar 2016346033.011.79$11,421
Feb 20160026.472.06$0
Jan 2016175027.352.36$4,786
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015341042.992.76$14,660
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015338056.152.88$18,979
May 20150055.212.96$0
Apr 2015163049.822.71$8,121
Mar 2015318042.892.93$13,639
Feb 20154044.662.98$179
Jan 20150043.433.10$0
Dec 2014172054.693.59$9,407
Nov 20140070.464.25$0
Oct 201415078.303.90$1,175
Sep 20142086.164.05$172
Aug 2014168089.394.04$15,018
Jul 2014170096.564.18$16,415
Jun 20140098.164.74$0
May 2014166094.734.73$15,725
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014357097.406.19$34,772
Jan 20140090.404.86$0
Dec 2013190091.824.35$17,446
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131790104.113.72$18,636
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013171094.403.93$16,142
May 20130094.834.15$0
Apr 2013177093.964.28$16,631
Mar 2013172093.623.91$16,103
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012171086.773.42$14,838
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012173085.133.02$14,727
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121820105.052.22$19,119
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011177095.723.31$16,942
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011570105.964.33$6,040
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011139086.504.59$12,024
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010177078.103.51$13,824
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010171070.364.91$12,032
May 20100071.124.24$0
Apr 2010177081.694.12$14,459
Mar 2010167078.394.39$13,091
Feb 20100073.585.44$0
Jan 2010181074.365.96$13,459
Dec 2009172071.445.48$12,288
Nov 20091074.593.75$75
Oct 2009167072.544.11$12,114
Sep 2009159065.543.06$10,421
Aug 20090067.423.22$0
Jul 2009177061.133.46$10,820
Jun 2009167066.163.90$11,049
May 2009162054.743.93$8,868
Apr 20090046.773.59$0
Mar 2009179042.144.06$7,543
Feb 20090032.814.63$0
Jan 2009156035.865.37$5,594
Dec 2008177037.105.98$6,567
Nov 20080055.496.86$0
Oct 2008175075.246.92$13,167
Sep 200800101.767.88$0
Aug 2008570114.228.48$6,511
Jul 20081090131.0811.39$14,288
Jun 200890131.3313.03$1,182
May 20083010123.1711.57$37,074
Apr 200800110.3110.45$0
Mar 20083430101.909.66$34,952
Feb 20080092.538.77$0
Jan 2008186090.388.21$16,811
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007328082.856.92$27,175
Sep 2007185075.846.24$14,030
Aug 20070069.066.39$0
Jul 2007181070.906.39$12,833
Jun 2007183062.007.55$11,346
May 20070058.747.85$0
Apr 2007162059.617.81$9,657
Mar 2007178056.927.30$10,132
Feb 2007179055.108.22$9,863
Jan 2007170050.306.73$8,551
Dec 2006293056.656.92$16,598
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006181068.717.34$12,437
Jul 2006498069.376.34$34,546
Jun 2006498066.286.38$33,007
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006185057.597.75$10,654
Jan 2006180060.598.93$10,906
Dec 2005181054.9413.42$9,944
Nov 2005187054.6910.59$10,227
Oct 2005184058.3413.80$10,735
Sep 2005181061.4512.08$11,122
Aug 2005182061.519.80$11,195
Jul 2005181055.697.84$10,080
Jun 2005178052.337.38$9,315
May 2005156045.226.65$7,054
Apr 2005157049.207.36$7,724
Mar 2005188050.377.15$9,470
Feb 2005191045.226.31$8,637
Jan 2005189043.166.32$8,157
Dec 2004357039.866.75$14,230
Nov 2004185045.286.33$8,377
Oct 2004188049.706.52$9,344
Sep 20040043.245.28$0
Aug 2004189042.375.55$8,008
Jul 2004189038.286.08$7,235
Jun 2004174036.106.43$6,281
May 2004193037.486.49$7,234
Apr 2004185034.475.86$6,377
Mar 2004184034.365.53$6,322
Feb 2004191032.455.51$6,198
Jan 2004176032.036.30$5,637
Dec 2003187030.266.30$5,659
Nov 2003185028.804.60$5,328
Oct 2003182028.174.76$5,127
Sep 2003174026.314.75$4,578
Aug 2003187029.765.13$5,565
Jul 2003190029.415.17$5,588
Jun 2003188028.565.98$5,369
May 2003178026.595.97$4,733
Apr 2003188026.675.41$5,014
Mar 2003179031.146.10$5,574
Feb 2003188033.487.93$6,294
Jan 2003190030.315.58$5,759
Dec 2002371026.914.85$9,984
Nov 2002181024.664.14$4,463
Oct 2002169026.464.23$4,472
Sep 2002185027.443.64$5,076
Aug 2002183025.963.16$4,751
Jul 2002367024.583.06$9,021
Jun 2002191023.733.34$4,532
May 2002185024.663.58$4,562
Apr 2002174023.653.51$4,115
Mar 2002346022.003.10$7,612
Feb 2002190018.222.38$3,462
Jan 2002190017.172.38$3,262
Dec 2001379016.932.36$6,416
Nov 2001187018.072.41$3,379
Oct 2001188019.782.53$3,719
Sep 2001375024.262.25$9,098
Aug 2001172024.873.05$4,278
Jul 2001190023.933.20$4,547
Jun 2001189024.563.82$4,642
May 2001356025.524.31$9,085
Apr 2001185024.685.34$4,566
Mar 2001387024.545.38$9,497
Feb 2001183027.755.77$5,078
Jan 2001181027.478.40$4,972
Dec 2000647026.889.12$17,391
Nov 2000179032.215.66$5,766
Oct 2000275031.235.15$8,588
Sep 2000361031.875.19$11,505
Aug 2000183029.644.54$5,424
Jul 2000169028.534.09$4,822
Jun 2000169029.304.40$4,952
May 2000359027.263.68$9,786
Apr 20001841024.513.12$4,541
Mar 20001851028.422.86$5,286
Feb 20003591027.622.73$9,943
Jan 20001781025.272.48$4,523
Dec 19993561024.282.42$8,668
Nov 19991841023.192.43$4,291
Oct 19993671020.982.80$7,728
Sep 19991801021.752.62$3,941
Aug 19993651019.262.88$7,059
Jul 19993621017.892.37$6,500
Jun 19991861015.942.36$2,988
May 19993331015.792.32$5,281
Apr 19993551015.102.21$5,383
Mar 19993601012.471.84$4,508
Feb 1999176109.981.82$1,775
Jan 19993541010.381.90$3,694
Dec 19980109.201.77$18
Nov 19983551010.892.19$3,888
Oct 19983591012.421.97$4,478
Sep 19981771012.592.08$2,249
Aug 19981781011.301.91$2,030
Jul 19981851011.742.24$2,194
Jun 19985291011.242.24$5,968
May 199801012.622.21$22
Apr 19983601013.042.51$4,719
Mar 19981811012.802.31$2,340
Feb 19983501013.952.30$4,905
Jan 19983531014.702.15$5,211
Dec 19973631016.322.41$5,948
Nov 19971721018.193.09$3,160
Oct 19973521019.253.15$6,808
Sep 19973621017.742.95$6,451
Aug 19971761017.862.55$3,169
Jul 19974461017.582.25$7,863
Jun 19973561017.242.26$6,160
May 19973581018.972.31$6,814
Apr 19971831017.882.08$3,293
Mar 19973551018.951.94$6,747
Feb 19973511020.492.21$7,214
Jan 19973451023.483.54$8,136
Dec 19963491023.32$8,139
Nov 19961801021.97$3,955
Oct 19963541023.31$8,252
Sep 19963551022.22$7,888
Aug 19961871020.26$3,789
Jul 19963621019.55$7,077
Jun 19963701018.73$6,930
May 19963591019.43$6,975
Apr 19963691021.51$7,937
Mar 19963681019.38$7,132
Feb 19961851016.98$3,141
Jan 19963571017.07$6,094
Dec 19953471017.19$5,965
Nov 19953591016.00$5,744
Oct 19955321015.43$8,209
Sep 19953621016.18$5,857
Aug 19953591015.92$5,715
Jul 19953581015.24$5,456
Jun 19953551016.41$5,826
May 19953401017.56$5,970
Apr 19951781017.73$3,156
Mar 19955361016.44$8,812
Feb 19951761016.58$2,918
Jan 19957181015.92$11,431
Dec 19943601015.03$5,411
Nov 19943531015.90$5,613
Oct 19943581015.58$5,578
Sep 19945351015.29$8,180
Aug 19943711016.13$5,984
Jul 19943551017.56$6,234
Jun 19945291017.09$9,041
May 19943571015.88$5,669
Apr 19945331014.14$7,537
Mar 19943591012.46$4,473
Feb 19943581012.50$4,475
Jan 19945311012.66$6,722
Dec 19933571012.33$4,402
Nov 19935311014.49$7,694
Oct 19935221015.85$8,274
Sep 19931801015.03$2,705
Aug 19935231015.66$8,190
Jul 19935401015.46$8,348
Jun 19933561016.79$5,977
May 19938941017.68$15,806
Apr 199301018.05$0
Mar 199301018.14$0
Feb 199301017.90$0
Jan 199301016.93$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.

Apr 2024 — as filed, then multipliedworked
Oil                  162 bbl  × $ 84.45 =    $13,681
Casinghead gas         0 Mcf  × $  1.66 =         $0

────────────────────────────────────────────────────
Month total                                  $13,681

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/25839 is the state's own key, not one this site invented.