UNIVERSITY "5-12B"

Operated by BASIN WELL SERVICE OF ODESSA,INC (P-5 54618) in the BLOCK 6, NORTH (DEV.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25865District 08Field 09174500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$845 k
Jan 1993 – Dec 2008
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
192
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 6 wells, and the rule below applies to all of them.

Discovered
1963-03-31
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.

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
OilDisposition35,052 bbl$843,853
Casinghead gasProduction1,046 Mcf$731
Total$844,585

743 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 32.4907, -102.3205. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49070, -102.32053 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,640 ft
1 wells filed one
Completion to plug
27.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 12,640 ft.

Completions filed
Apr 1980
1 of 1 wells
Plug dates filed
Jan 2008
1 of 1 wells

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00332197112,640 ftApr 1980Jan 2008Yes

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 (192)

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

192 months

Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20083080110.3110.45$33,975
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005165045.226.31$7,461
Jan 2005341043.166.32$14,718
Dec 2004346039.866.75$13,792
Nov 2004347045.286.33$15,712
Oct 2004166049.706.52$8,250
Sep 2004174043.245.28$7,524
Aug 2004335042.375.55$14,194
Jul 2004350038.286.08$13,398
Jun 2004172036.106.43$6,209
May 2004353037.486.49$13,230
Apr 2004330034.475.86$11,375
Mar 2004350034.365.53$12,026
Feb 2004362032.455.51$11,747
Jan 2004334032.036.30$10,698
Dec 20030030.266.30$0
Nov 2003212028.804.60$6,106
Oct 2003175028.174.76$4,930
Sep 2003183026.314.75$4,815
Aug 2003174029.765.13$5,178
Jul 2003179029.415.17$5,264
Jun 2003179028.565.98$5,112
May 2003181026.595.97$4,813
Apr 2003349026.675.41$9,308
Mar 2003179031.146.10$5,574
Feb 2003180033.487.93$6,026
Jan 2003182030.315.58$5,516
Dec 2002180026.914.85$4,844
Nov 2002178024.664.14$4,389
Oct 2002185026.464.23$4,895
Sep 2002180027.443.64$4,939
Aug 2002179025.963.16$4,647
Jul 2002365024.583.06$8,972
Jun 2002351023.733.34$8,329
May 2002353024.663.58$8,705
Apr 2002533023.653.51$12,605
Mar 2002350022.003.10$7,700
Feb 2002335018.222.38$6,104
Jan 2002539017.172.38$9,255
Dec 2001556016.932.36$9,413
Nov 2001360018.072.41$6,505
Oct 2001697019.782.53$13,787
Sep 2001354024.262.25$8,588
Aug 2001540024.873.05$13,430
Jul 2001375023.933.20$8,974
Jun 2001567024.563.82$13,926
May 2001628025.524.31$16,027
Apr 2001330024.685.34$8,144
Mar 2001526024.545.38$12,908
Feb 2001372027.755.77$10,323
Jan 2001386027.478.40$10,603
Dec 2000190026.889.12$5,107
Nov 2000541032.215.66$17,426
Oct 20000031.235.15$0
Sep 2000364031.875.19$11,601
Aug 2000365029.644.54$10,819
Jul 2000370028.534.09$10,556
Jun 2000352029.304.40$10,314
May 2000364027.263.68$9,923
Apr 2000549024.513.12$13,456
Mar 2000547028.422.86$15,546
Feb 2000550027.622.73$15,191
Jan 2000179025.272.48$4,523
Dec 19990024.282.42$0
Nov 1999252023.192.43$5,844
Oct 199901020.982.80$28
Sep 19990021.752.62$0
Aug 19990519.262.88$14
Jul 19990117.892.37$2
Jun 19990015.942.36$0
May 19990115.792.32$2
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999059.981.82$9
Jan 19990110.381.90$2
Dec 1998009.201.77$0
Nov 199880210.892.19$876
Oct 19980112.421.97$2
Sep 1998181712.592.08$2,293
Aug 19981761611.301.91$2,019
Jul 19981781411.742.24$2,121
Jun 199801311.242.24$29
May 19981801312.622.21$2,300
Apr 19981831513.042.51$2,424
Mar 19981761612.802.31$2,290
Feb 19981691413.952.30$2,390
Jan 19981711614.702.15$2,548
Dec 19971701616.322.41$2,813
Nov 1997173418.193.09$3,159
Oct 199701519.253.15$47
Sep 19971731517.742.95$3,113
Aug 19971751417.862.55$3,161
Jul 19971741517.582.25$3,093
Jun 1997175917.242.26$3,037
May 199701418.972.31$32
Apr 19971751417.882.08$3,158
Mar 19974511418.951.94$8,574
Feb 19970820.492.21$18
Jan 19971731523.483.54$4,115
Dec 19961771623.32$4,128
Nov 19961671521.97$3,669
Oct 19961761623.31$4,103
Sep 19963471522.22$7,710
Aug 199601620.26$0
Jul 19961751619.55$3,421
Jun 199601518.73$0
May 19965221619.43$10,142
Apr 199601521.51$0
Mar 19961821619.38$3,527
Feb 19963251516.98$5,519
Jan 199601617.07$0
Dec 19951761617.19$3,025
Nov 19951891516.00$3,024
Oct 19951821615.43$2,808
Sep 19951791516.18$2,896
Aug 19951811615.92$2,882
Jul 19953541615.24$5,395
Jun 19951681516.41$2,757
May 19951721617.56$3,020
Apr 19953651517.73$6,471
Mar 19951621616.44$2,663
Feb 19951791516.58$2,968
Jan 19951861515.92$2,961
Dec 19943391515.03$5,095
Nov 19941741515.90$2,767
Oct 19941831515.58$2,851
Sep 19941801515.29$2,752
Aug 19943531616.13$5,694
Jul 19941691617.56$2,968
Jun 19943531517.09$6,033
May 19945371615.88$8,528
Apr 19948671514.14$12,259
Mar 19941711612.46$2,131
Feb 19943511412.50$4,388
Jan 199401612.66$0
Dec 199301612.33$0
Nov 19931761514.49$2,550
Oct 19931761615.85$2,790
Sep 19933581515.03$5,381
Aug 19931721615.66$2,694
Jul 19933511615.46$5,426
Jun 19931791516.79$3,005
May 19933611617.68$6,382
Apr 19931791518.05$3,231
Mar 19933511618.14$6,367
Feb 19933531417.90$6,319
Jan 19931741616.93$2,946

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 2008 — as filed, then multipliedworked
Oil                  308 bbl  × $110.31 =    $33,975
Casinghead gas         0 Mcf  × $ 10.45 =         $0

────────────────────────────────────────────────────
Month total                                  $33,975

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/25865 is the state's own key, not one this site invented.