UNIVERSITY "32-18" -A-

Name: UNIVERSITY "32-18" -A- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SOUTHWEST ROYALTIES, INC. (P-5 806470) 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 26782District 08Field 95129600Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$2.1 M

Jan 1993 – Dec 2008

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

192

no gaps in the span

Streams

oil, casinghead gas

The WAR-WINK, S. (WOLFCAMP) 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 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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	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	70,109 bbl	$1,676,319
Casinghead gas	Production	174,084 Mcf	$379,973
Total			$2,056,293

77,417 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 31.5874, -103.2956. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58738, -103.29557 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

11,550 ft

1 wells filed one

Completion to plug

38.8 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 11,550 ft.

Completions filed

Aug 1981

1 of 1 wells

Plug dates filed

May 2020

1 of 1 wells

Last completion to plug: a median of 38.8 years across the 1 well that filed both dates, with the middle half between 38.8 years and 38.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47532305	1	11,550 ft	Aug 1981	May 2020	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 (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 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	251	424	90.38	8.21	$26,165
Dec 2007	297	410	88.33	7.30	$29,228
Nov 2007	157	469	91.67	7.29	$17,812
Oct 2007	153	432	82.85	6.92	$15,666
Sep 2007	150	385	75.84	6.24	$13,780
Aug 2007	127	264	69.06	6.39	$10,457
Jul 2007	141	157	70.90	6.39	$11,000
Jun 2007	150	221	62.00	7.55	$10,968
May 2007	150	281	58.74	7.85	$11,016
Apr 2007	147	333	59.61	7.81	$11,362
Mar 2007	333	353	56.92	7.30	$21,532
Feb 2007	162	344	55.10	8.22	$11,753
Jan 2007	281	330	50.30	6.73	$16,354
Dec 2006	297	359	56.65	6.92	$19,309
Nov 2006	151	384	54.20	7.62	$11,109
Oct 2006	299	424	54.90	6.01	$18,965
Sep 2006	296	371	60.08	5.04	$19,652
Aug 2006	175	442	68.71	7.34	$15,268
Jul 2006	29	189	69.37	6.34	$3,211
Jun 2006	84	262	66.28	6.38	$7,240
May 2006	161	202	66.01	6.42	$11,925
Apr 2006	161	318	64.39	7.36	$12,707
Mar 2006	319	346	56.70	7.08	$20,538
Feb 2006	318	309	57.59	7.75	$20,709
Jan 2006	288	320	60.59	8.93	$20,309
Dec 2005	320	295	54.94	13.42	$21,538
Nov 2005	319	291	54.69	10.59	$20,527
Oct 2005	162	271	58.34	13.80	$13,190
Sep 2005	315	198	61.45	12.08	$21,748
Aug 2005	377	282	61.51	9.80	$25,952
Jul 2005	154	328	55.69	7.84	$11,149
Jun 2005	285	498	52.33	7.38	$18,590
May 2005	363	461	45.22	6.65	$19,481
Apr 2005	323	419	49.20	7.36	$18,976
Mar 2005	440	442	50.37	7.15	$25,325
Feb 2005	305	415	45.22	6.31	$16,412
Jan 2005	368	462	43.16	6.32	$18,804
Dec 2004	404	444	39.86	6.75	$19,101
Nov 2004	451	491	45.28	6.33	$23,530
Oct 2004	375	513	49.70	6.52	$21,980
Sep 2004	362	792	43.24	5.28	$19,838
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	40	38.28	6.08	$243
Jun 2004	0	75	36.10	6.43	$482
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	18	0	34.36	5.53	$618
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	148	52	32.03	6.30	$5,068
Dec 2003	0	118	30.26	6.30	$744
Nov 2003	0	425	28.80	4.60	$1,953
Oct 2003	0	500	28.17	4.76	$2,380
Sep 2003	87	817	26.31	4.75	$6,169
Aug 2003	80	767	29.76	5.13	$6,315
Jul 2003	91	820	29.41	5.17	$6,916
Jun 2003	53	720	28.56	5.98	$5,821
May 2003	19	799	26.59	5.97	$5,277
Apr 2003	115	792	26.67	5.41	$7,350
Mar 2003	8	1,050	31.14	6.10	$6,650
Feb 2003	4	844	33.48	7.93	$6,823
Jan 2003	81	33	30.31	5.58	$2,639
Dec 2002	0	67	26.91	4.85	$325
Nov 2002	106	286	24.66	4.14	$3,797
Oct 2002	158	418	26.46	4.23	$5,948
Sep 2002	1	373	27.44	3.64	$1,383
Aug 2002	196	457	25.96	3.16	$6,534
Jul 2002	167	424	24.58	3.06	$5,403
Jun 2002	154	487	23.73	3.34	$5,280
May 2002	216	478	24.66	3.58	$7,040
Apr 2002	222	562	23.65	3.51	$7,224
Mar 2002	162	439	22.00	3.10	$4,926
Feb 2002	163	493	18.22	2.38	$4,141
Jan 2002	248	609	17.17	2.38	$5,705
Dec 2001	283	804	16.93	2.36	$6,692
Nov 2001	347	936	18.07	2.41	$8,522
Oct 2001	346	802	19.78	2.53	$8,872
Sep 2001	272	731	24.26	2.25	$8,244
Aug 2001	310	847	24.87	3.05	$10,296
Jul 2001	330	954	23.93	3.20	$10,947
Jun 2001	252	836	24.56	3.82	$9,386
May 2001	204	733	25.52	4.31	$8,363
Apr 2001	115	556	24.68	5.34	$5,805
Mar 2001	136	376	24.54	5.38	$5,359
Feb 2001	132	501	27.75	5.77	$6,552
Jan 2001	318	842	27.47	8.40	$15,807
Dec 2000	365	1,442	26.88	9.12	$22,966
Nov 2000	361	1,276	32.21	5.66	$18,847
Oct 2000	370	1,032	31.23	5.15	$16,865
Sep 2000	351	1,202	31.87	5.19	$17,421
Aug 2000	313	1,116	29.64	4.54	$14,345
Jul 2000	528	1,407	28.53	4.09	$20,818
Jun 2000	342	1,446	29.30	4.40	$16,379
May 2000	469	1,421	27.26	3.68	$18,014
Apr 2000	363	848	24.51	3.12	$11,540
Mar 2000	125	1,335	28.42	2.86	$7,370
Feb 2000	382	1,134	27.62	2.73	$13,643
Jan 2000	349	1,083	25.27	2.48	$11,506
Dec 1999	459	1,040	24.28	2.42	$13,665
Nov 1999	367	1,338	23.19	2.43	$11,767
Oct 1999	362	1,259	20.98	2.80	$11,125
Sep 1999	446	1,248	21.75	2.62	$12,969
Aug 1999	337	1,284	19.26	2.88	$10,183
Jul 1999	513	1,341	17.89	2.37	$12,359
Jun 1999	372	1,207	15.94	2.36	$8,781
May 1999	375	997	15.79	2.32	$8,235
Apr 1999	194	837	15.10	2.21	$4,778
Mar 1999	526	1,157	12.47	1.84	$8,686
Feb 1999	394	1,072	9.98	1.82	$5,881
Jan 1999	361	845	10.38	1.90	$5,353
Dec 1998	511	948	9.20	1.77	$6,382
Nov 1998	563	1,081	10.89	2.19	$8,494
Oct 1998	378	1,056	12.42	1.97	$6,774
Sep 1998	356	645	12.59	2.08	$5,825
Aug 1998	352	899	11.30	1.91	$5,692
Jul 1998	543	1,261	11.74	2.24	$9,196
Jun 1998	339	1,342	11.24	2.24	$6,813
May 1998	298	1,067	12.62	2.21	$6,115
Apr 1998	475	1,424	13.04	2.51	$9,762
Mar 1998	705	1,439	12.80	2.31	$12,347
Feb 1998	375	1,259	13.95	2.30	$8,126
Jan 1998	556	1,408	14.70	2.15	$11,207
Dec 1997	528	1,327	16.32	2.41	$11,816
Nov 1997	533	1,220	18.19	3.09	$13,463
Oct 1997	573	1,435	19.25	3.15	$15,550
Sep 1997	528	1,449	17.74	2.95	$13,648
Aug 1997	524	1,497	17.86	2.55	$13,183
Jul 1997	534	1,566	17.58	2.25	$12,906
Jun 1997	547	1,523	17.24	2.26	$12,868
May 1997	549	1,511	18.97	2.31	$13,903
Apr 1997	552	1,534	17.88	2.08	$13,065
Mar 1997	522	1,690	18.95	1.94	$13,169
Feb 1997	595	1,544	20.49	2.21	$15,597
Jan 1997	593	1,381	23.48	3.54	$18,812
Dec 1996	586	1,354	23.32	—	$13,666
Nov 1996	513	1,463	21.97	—	$11,271
Oct 1996	591	1,355	23.31	—	$13,776
Sep 1996	585	1,361	22.22	—	$12,999
Aug 1996	517	1,775	20.26	—	$10,474
Jul 1996	698	1,737	19.55	—	$13,646
Jun 1996	618	1,327	18.73	—	$11,575
May 1996	728	1,690	19.43	—	$14,145
Apr 1996	742	1,722	21.51	—	$15,960
Mar 1996	709	1,654	19.38	—	$13,740
Feb 1996	348	1,090	16.98	—	$5,909
Jan 1996	706	1,291	17.07	—	$12,051
Dec 1995	725	1,172	17.19	—	$12,463
Nov 1995	1,105	1,445	16.00	—	$17,680
Oct 1995	700	1,651	15.43	—	$10,801
Sep 1995	552	1,466	16.18	—	$8,931
Aug 1995	615	1,747	15.92	—	$9,791
Jul 1995	617	1,763	15.24	—	$9,403
Jun 1995	833	1,670	16.41	—	$13,670
May 1995	513	1,735	17.56	—	$9,008
Apr 1995	648	1,790	17.73	—	$11,489
Mar 1995	686	1,741	16.44	—	$11,278
Feb 1995	649	1,624	16.58	—	$10,760
Jan 1995	718	1,666	15.92	—	$11,431
Dec 1994	799	1,840	15.03	—	$12,009
Nov 1994	887	1,614	15.90	—	$14,103
Oct 1994	717	1,712	15.58	—	$11,171
Sep 1994	694	1,815	15.29	—	$10,611
Aug 1994	713	1,568	16.13	—	$11,501
Jul 1994	719	1,905	17.56	—	$12,626
Jun 1994	714	1,880	17.09	—	$12,202
May 1994	720	2,017	15.88	—	$11,434
Apr 1994	716	1,943	14.14	—	$10,124
Mar 1994	719	1,767	12.46	—	$8,959
Feb 1994	698	1,677	12.50	—	$8,725
Jan 1994	1,076	1,912	12.66	—	$13,622
Dec 1993	542	1,823	12.33	—	$6,683
Nov 1993	1,072	2,257	14.49	—	$15,533
Oct 1993	1,267	2,500	15.85	—	$20,082
Sep 1993	547	1,337	15.03	—	$8,221
Aug 1993	545	1,807	15.66	—	$8,535
Jul 1993	544	931	15.46	—	$8,410
Jun 1993	672	1,057	16.79	—	$11,283
May 1993	666	1,496	17.68	—	$11,775
Apr 1993	905	2,306	18.05	—	$16,335
Mar 1993	544	1,270	18.14	—	$9,868
Feb 1993	339	717	17.90	—	$6,068
Jan 1993	597	977	16.93	—	$10,107

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.

Jan 2008 — as filed, then multipliedworked

Oil                  251 bbl  × $ 90.38 =    $22,685
Casinghead gas       424 Mcf  × $  8.21 =     $3,479

────────────────────────────────────────────────────
Month total                                  $26,165

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/26782 is the state's own key, not one this site invented.