UNIVERSITY -B-

Operated by CITATION OIL & GAS CORP. (P-5 154235) in the ANDREWS, SOUTH (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 263District 08Field 02730852Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$382 k
Jan 1993 – Dec 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
144
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 68 leases and 131 wells, and the rule below applies to all of them.

Discovered
1953-09-14
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 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.

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
OilDisposition18,712 bbl$351,886
Casinghead gasProduction18,867 Mcf$30,596
Total$382,482

9,177 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 (6)

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 32.2087, -102.4962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.20960, -102.49689 · 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%
6 of 6 wells
With a plug date
83.3%
5 of 6 wells
Median depth
9,316 ft
5 wells filed one
Completion to plug
11.8 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
583.3%
BothOn the schedule and plugged. Neither fact cancels the other.
583.3%
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 9,103 and 12,550 ft, median 9,316 ft, over the 5 wells that filed a depth.

Completions filed
Jun 1973 – Dec 1995
3 of 6 wells; 3 filed none
Plug dates filed
May 1993 – Dec 2004
5 of 6 wells; 1 filed none

Last completion to plug: a median of 11.8 years across the 3 wells that filed both dates, with the middle half between 10.3 years and 20.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-003051684Yes
42-0030517069,316 ftMay 1993Yes
42-0030517289,103 ftApr 2004Yes
42-0030516959,168 ftDec 1995Nov 2004Yes
42-00305171712,550 ftMar 1993Dec 2004Yes
42-00305166212,544 ftJun 1973Sep 2002Yes

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 (144)

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

144 months

Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20035029.765.13$149
Jul 200319829.415.17$600
Jun 2003321528.565.98$1,004
May 2003722526.595.97$2,064
Apr 2003846126.675.41$2,570
Mar 20035811231.146.10$2,489
Feb 2003544233.487.93$2,141
Jan 2003534330.315.58$1,846
Dec 2002424726.914.85$1,358
Nov 2002645024.664.14$1,785
Oct 2002535626.464.23$1,639
Sep 2002395627.443.64$1,274
Aug 2002485925.963.16$1,433
Jul 2002646424.583.06$1,769
Jun 2002656223.733.34$1,749
May 2002766024.663.58$2,089
Apr 20021045623.653.51$2,656
Mar 2002735722.003.10$1,783
Feb 2002825018.222.38$1,613
Jan 20029011617.172.38$1,821
Dec 2001929416.932.36$1,780
Nov 200110112218.072.41$2,119
Oct 200110213019.782.53$2,346
Sep 200110511124.262.25$2,797
Aug 20019212424.873.05$2,667
Jul 200112712523.933.20$3,439
Jun 20016113424.563.82$2,011
May 20018312825.524.31$2,670
Apr 200111012524.685.34$3,382
Mar 200111313024.545.38$3,472
Feb 20018911827.755.77$3,150
Jan 200115512427.478.40$5,299
Dec 20008512626.889.12$3,434
Nov 20008111432.215.66$3,254
Oct 20007711731.235.15$3,007
Sep 200010211931.875.19$3,868
Aug 20007712929.644.54$2,868
Jul 200010414628.534.09$3,564
Jun 20007714529.304.40$2,894
May 20009315027.263.68$3,087
Apr 20008812224.513.12$2,537
Mar 20009114228.422.86$2,992
Feb 20009313227.622.73$2,929
Jan 20009112825.272.48$2,617
Dec 199910111624.282.42$2,733
Nov 19999511823.192.43$2,490
Oct 19998411920.982.80$2,096
Sep 19999312021.752.62$2,337
Aug 19998917719.262.88$2,223
Jul 19999412617.892.37$1,981
Jun 19999212315.942.36$1,757
May 199912112315.792.32$2,196
Apr 19998711215.102.21$1,561
Mar 19998813112.471.84$1,338
Feb 1999701209.981.82$917
Jan 19998313510.381.90$1,118
Dec 199893299.201.77$907
Nov 1998933910.892.19$1,098
Oct 1998979812.421.97$1,398
Sep 19988310112.592.08$1,255
Aug 19989611011.301.91$1,295
Jul 19988011911.742.24$1,205
Jun 19989112411.242.24$1,300
May 19987432412.622.21$1,649
Apr 19989020113.042.51$1,677
Mar 19988615412.802.31$1,456
Feb 19987712713.952.30$1,366
Jan 199810318314.702.15$1,908
Dec 19978616916.322.41$1,811
Nov 199710419618.193.09$2,497
Oct 199720617019.253.15$4,501
Sep 199725523417.742.95$5,215
Aug 199722321217.862.55$4,524
Jul 199726322117.582.25$5,120
Jun 199724018617.242.26$4,557
May 199724321318.972.31$5,101
Apr 199726922517.882.08$5,278
Mar 199726426418.951.94$5,515
Feb 199725421320.492.21$5,674
Jan 199726518423.483.54$6,874
Dec 199626917823.32$6,273
Nov 199627015021.97$5,932
Oct 199630321223.31$7,063
Sep 199627713922.22$6,155
Aug 199627316520.26$5,531
Jul 199627216219.55$5,318
Jun 199623314018.73$4,364
May 199626713319.43$5,188
Apr 199625813321.51$5,550
Mar 199628513219.38$5,523
Feb 199625512016.98$4,330
Jan 199625714617.07$4,387
Dec 199522012217.19$3,782
Nov 19951679116.00$2,672
Oct 19951718415.43$2,639
Sep 19951438416.18$2,314
Aug 19951609615.92$2,547
Jul 19958010115.24$1,219
Jun 1995819716.41$1,329
May 1995847617.56$1,475
Apr 1995927517.73$1,631
Mar 1995907616.44$1,480
Feb 1995837116.58$1,376
Jan 1995827415.92$1,305
Dec 1994818415.03$1,217
Nov 1994847515.90$1,336
Oct 1994716915.58$1,106
Sep 1994847015.29$1,284
Aug 19941469216.13$2,355
Jul 199430720717.56$5,391
Jun 199420522017.09$3,503
May 199423016815.88$3,652
Apr 199422915614.14$3,238
Mar 199423315812.46$2,903
Feb 199420314212.50$2,538
Jan 199423015412.66$2,912
Dec 199324015912.33$2,959
Nov 199323014414.49$3,333
Oct 199321314415.85$3,376
Sep 199323016015.03$3,457
Aug 199334335715.66$5,371
Jul 199337644215.46$5,813
Jun 199330139616.79$5,054
May 199333951017.68$5,994
Apr 199337149918.05$6,697
Mar 199338486318.14$6,966
Feb 199334952817.90$6,247
Jan 199326352316.93$4,453

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.

Aug 2003 — as filed, then multipliedworked
Oil                    5 bbl  × $ 29.76 =       $149
Casinghead gas         0 Mcf  × $  5.13 =         $0

────────────────────────────────────────────────────
Month total                                     $149

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/263 is the state's own key, not one this site invented.