UNIVERSITY 1 "B" 32

Name: UNIVERSITY 1 "B" 32 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MGM OIL & GAS COMPANY (P-5 563329) 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 26838District 08Field 02730852Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.1 M

Jan 1993 – Sep 2017

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

297

no gaps in the span

Streams

oil, casinghead gas

The ANDREWS, SOUTH (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 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.

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	49,070 bbl	$1,745,441
Casinghead gas	Production	87,695 Mcf	$308,832
Total			$2,054,273

21,247 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 32.1544, -102.4798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15438, -102.47984 · 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

10,120 ft

1 wells filed one

Completion to plug

35.8 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 10,120 ft.

Completions filed

Aug 1981

1 of 1 wells

Plug dates filed

Jun 2017

1 of 1 wells

Last completion to plug: a median of 35.8 years across the 1 well that filed both dates, with the middle half between 35.8 years and 35.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00332755	1	10,120 ft	Aug 1981	Jun 2017	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 (297)

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

297 months


Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	89	0	49.41	3.42	$4,397
Dec 2016	1	0	48.76	3.72	$49
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	9	0	46.19	3.09	$416
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	2	0	41.62	2.92	$83
Jun 2016	0	18	45.35	2.69	$48
May 2016	2	0	42.52	1.99	$85
Apr 2016	171	258	36.56	1.99	$6,765
Mar 2016	2	61	33.01	1.79	$175
Feb 2016	0	35	26.47	2.06	$72
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	179	0	32.36	2.00	$5,792
Nov 2015	1	0	38.79	2.17	$39
Oct 2015	1	0	43.55	2.43	$44
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	3	56.15	2.88	$9
May 2015	0	3	55.21	2.96	$9
Apr 2015	0	42	49.82	2.71	$114
Mar 2015	0	49	42.89	2.93	$144
Feb 2015	0	3	44.66	2.98	$9
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	175	11	54.69	3.59	$9,610
Nov 2014	0	46	70.46	4.25	$196
Oct 2014	0	100	78.30	3.90	$390
Sep 2014	0	100	86.16	4.05	$405
Aug 2014	0	95	89.39	4.04	$383
Jul 2014	0	68	96.56	4.18	$284
Jun 2014	155	49	98.16	4.74	$15,447
May 2014	0	56	94.73	4.73	$265
Apr 2014	0	48	95.94	4.81	$231
Mar 2014	0	50	95.89	5.06	$253
Feb 2014	10	58	97.40	6.19	$1,333
Jan 2014	0	71	90.40	4.86	$345
Dec 2013	0	43	91.82	4.35	$187
Nov 2013	0	7	88.85	3.74	$26
Oct 2013	162	52	97.42	3.78	$15,979
Sep 2013	0	47	104.11	3.72	$175
Aug 2013	0	30	104.25	3.52	$106
Jul 2013	0	5	102.52	3.72	$19
Jun 2013	0	0	94.40	3.93	$0
May 2013	168	249	94.83	4.15	$16,965
Apr 2013	0	194	93.96	4.28	$831
Mar 2013	178	300	93.62	3.91	$17,838
Feb 2013	0	269	91.23	3.42	$920
Jan 2013	170	292	91.60	3.42	$16,571
Dec 2012	170	290	86.77	3.42	$15,743
Nov 2012	0	173	86.95	3.62	$627
Oct 2012	169	0	89.38	3.40	$15,105
Sep 2012	0	170	94.67	2.92	$496
Aug 2012	168	295	92.66	2.91	$16,425
Jul 2012	175	293	85.13	3.02	$15,783
Jun 2012	0	292	79.82	2.52	$736
May 2012	171	301	91.61	2.49	$16,414
Apr 2012	171	304	101.65	2.00	$17,989
Mar 2012	0	314	105.05	2.22	$698
Feb 2012	168	293	101.10	2.57	$17,738
Jan 2012	175	294	98.09	2.73	$17,970
Dec 2011	171	280	96.87	3.24	$17,472
Nov 2011	0	312	95.72	3.31	$1,033
Oct 2011	341	325	84.98	3.65	$30,164
Sep 2011	167	341	83.62	3.99	$15,324
Aug 2011	0	323	83.40	4.15	$1,340
Jul 2011	0	320	94.14	4.52	$1,446
Jun 2011	165	296	92.90	4.64	$16,702
May 2011	0	301	98.13	4.40	$1,326
Apr 2011	165	171	105.96	4.33	$18,224
Mar 2011	168	329	96.36	4.06	$17,523
Feb 2011	0	286	85.64	4.18	$1,195
Jan 2011	172	319	86.50	4.59	$16,342
Dec 2010	170	321	85.73	4.35	$15,970
Nov 2010	170	314	80.84	3.80	$14,935
Oct 2010	0	320	78.10	3.51	$1,123
Sep 2010	172	311	72.63	3.98	$13,730
Aug 2010	170	332	73.68	4.42	$13,993
Jul 2010	0	335	72.55	4.74	$1,587
Jun 2010	151	330	70.36	4.91	$12,245
May 2010	178	334	71.12	4.24	$14,074
Apr 2010	178	320	81.69	4.12	$15,860
Mar 2010	0	318	78.39	4.39	$1,396
Feb 2010	171	290	73.58	5.44	$14,160
Jan 2010	172	329	74.36	5.96	$14,752
Dec 2009	171	325	71.44	5.48	$13,998
Nov 2009	171	248	74.59	3.75	$13,685
Oct 2009	0	248	72.54	4.11	$1,019
Sep 2009	158	317	65.54	3.06	$11,327
Aug 2009	170	288	67.42	3.22	$12,388
Jul 2009	173	331	61.13	3.46	$11,722
Jun 2009	0	324	66.16	3.90	$1,262
May 2009	177	339	54.74	3.93	$11,020
Apr 2009	168	327	46.77	3.59	$9,030
Mar 2009	178	172	42.14	4.06	$8,199
Feb 2009	0	264	32.81	4.63	$1,223
Jan 2009	175	317	35.86	5.37	$7,978
Dec 2008	181	313	37.10	5.98	$8,586
Nov 2008	178	305	55.49	6.86	$11,970
Oct 2008	0	318	75.24	6.92	$2,201
Sep 2008	177	166	101.76	7.88	$19,319
Aug 2008	167	325	114.22	8.48	$21,832
Jul 2008	179	330	131.08	11.39	$27,222
Jun 2008	0	317	131.33	13.03	$4,131
May 2008	170	347	123.17	11.57	$24,955
Apr 2008	176	332	110.31	10.45	$22,886
Mar 2008	170	338	101.90	9.66	$20,589
Feb 2008	180	337	92.53	8.77	$19,611
Jan 2008	0	256	90.38	8.21	$2,101
Dec 2007	171	296	88.33	7.30	$17,266
Nov 2007	177	308	91.67	7.29	$18,471
Oct 2007	169	319	82.85	6.92	$16,210
Sep 2007	178	234	75.84	6.24	$14,961
Aug 2007	159	301	69.06	6.39	$12,903
Jul 2007	0	343	70.90	6.39	$2,191
Jun 2007	143	335	62.00	7.55	$11,395
May 2007	179	342	58.74	7.85	$13,198
Apr 2007	173	335	59.61	7.81	$12,927
Mar 2007	179	348	56.92	7.30	$12,730
Feb 2007	0	306	55.10	8.22	$2,514
Jan 2007	186	311	50.30	6.73	$11,448
Dec 2006	166	216	56.65	6.92	$10,898
Nov 2006	171	136	54.20	7.62	$10,304
Oct 2006	172	238	54.90	6.01	$10,874
Sep 2006	169	170	60.08	5.04	$11,010
Aug 2006	165	193	68.71	7.34	$12,754
Jul 2006	169	355	69.37	6.34	$13,975
Jun 2006	0	340	66.28	6.38	$2,171
May 2006	160	336	66.01	6.42	$12,720
Apr 2006	175	320	64.39	7.36	$13,624
Mar 2006	163	328	56.70	7.08	$11,565
Feb 2006	163	289	57.59	7.75	$11,627
Jan 2006	168	303	60.59	8.93	$12,886
Dec 2005	180	299	54.94	13.42	$13,900
Nov 2005	176	292	54.69	10.59	$12,717
Oct 2005	179	308	58.34	13.80	$14,692
Sep 2005	168	248	61.45	12.08	$13,319
Aug 2005	173	316	61.51	9.80	$13,737
Jul 2005	168	325	55.69	7.84	$11,905
Jun 2005	156	313	52.33	7.38	$10,474
May 2005	175	315	45.22	6.65	$10,009
Apr 2005	179	273	49.20	7.36	$10,816
Mar 2005	0	293	50.37	7.15	$2,096
Feb 2005	157	264	45.22	6.31	$8,766
Jan 2005	183	284	43.16	6.32	$9,694
Dec 2004	178	278	39.86	6.75	$8,972
Nov 2004	172	269	45.28	6.33	$9,491
Oct 2004	169	259	49.70	6.52	$10,087
Sep 2004	175	282	43.24	5.28	$9,057
Aug 2004	175	293	42.37	5.55	$9,041
Jul 2004	173	290	38.28	6.08	$8,387
Jun 2004	165	280	36.10	6.43	$7,758
May 2004	177	292	37.48	6.49	$8,530
Apr 2004	177	255	34.47	5.86	$7,595
Mar 2004	167	279	34.36	5.53	$7,281
Feb 2004	178	255	32.45	5.51	$7,181
Jan 2004	185	271	32.03	6.30	$7,633
Dec 2003	171	272	30.26	6.30	$6,889
Nov 2003	163	267	28.80	4.60	$5,921
Oct 2003	167	284	28.17	4.76	$6,056
Sep 2003	166	280	26.31	4.75	$5,697
Aug 2003	160	294	29.76	5.13	$6,270
Jul 2003	167	316	29.41	5.17	$6,545
Jun 2003	164	313	28.56	5.98	$6,557
May 2003	172	322	26.59	5.97	$6,497
Apr 2003	166	306	26.67	5.41	$6,082
Mar 2003	166	306	31.14	6.10	$7,035
Feb 2003	0	280	33.48	7.93	$2,219
Jan 2003	160	317	30.31	5.58	$6,619
Dec 2002	173	358	26.91	4.85	$6,393
Nov 2002	0	330	24.66	4.14	$1,365
Oct 2002	0	103	26.46	4.23	$436
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	1	0	24.58	3.06	$25
Jun 2002	184	188	23.73	3.34	$4,994
May 2002	183	468	24.66	3.58	$6,190
Apr 2002	183	426	23.65	3.51	$5,824
Mar 2002	184	414	22.00	3.10	$5,333
Feb 2002	166	374	18.22	2.38	$3,913
Jan 2002	184	379	17.17	2.38	$4,060
Dec 2001	353	392	16.93	2.36	$6,903
Nov 2001	183	378	18.07	2.41	$4,216
Oct 2001	180	417	19.78	2.53	$4,615
Sep 2001	182	418	24.26	2.25	$5,356
Aug 2001	180	439	24.87	3.05	$5,817
Jul 2001	180	455	23.93	3.20	$5,762
Jun 2001	169	432	24.56	3.82	$5,803
May 2001	179	413	25.52	4.31	$6,347
Apr 2001	355	350	24.68	5.34	$10,629
Mar 2001	184	404	24.54	5.38	$6,687
Feb 2001	180	378	27.75	5.77	$7,175
Jan 2001	180	405	27.47	8.40	$8,346
Dec 2000	185	334	26.88	9.12	$8,020
Nov 2000	170	401	32.21	5.66	$7,745
Oct 2000	341	442	31.23	5.15	$12,924
Sep 2000	178	439	31.87	5.19	$7,950
Aug 2000	171	461	29.64	4.54	$7,162
Jul 2000	177	471	28.53	4.09	$6,976
Jun 2000	328	454	29.30	4.40	$11,607
May 2000	175	363	27.26	3.68	$6,106
Apr 2000	179	313	24.51	3.12	$5,363
Mar 2000	365	407	28.42	2.86	$11,537
Feb 2000	184	415	27.62	2.73	$6,214
Jan 2000	185	413	25.27	2.48	$5,699
Dec 1999	185	412	24.28	2.42	$5,490
Nov 1999	350	377	23.19	2.43	$9,034
Oct 1999	170	427	20.98	2.80	$4,764
Sep 1999	182	419	21.75	2.62	$5,056
Aug 1999	355	455	19.26	2.88	$8,146
Jul 1999	178	466	17.89	2.37	$4,290
Jun 1999	186	432	15.94	2.36	$3,985
May 1999	370	457	15.79	2.32	$6,903
Apr 1999	186	457	15.10	2.21	$3,818
Mar 1999	180	485	12.47	1.84	$3,136
Feb 1999	372	434	9.98	1.82	$4,501
Jan 1999	188	464	10.38	1.90	$2,833
Dec 1998	182	465	9.20	1.77	$2,499
Nov 1998	360	460	10.89	2.19	$4,926
Oct 1998	174	490	12.42	1.97	$3,126
Sep 1998	185	481	12.59	2.08	$3,331
Aug 1998	337	504	11.30	1.91	$4,769
Jul 1998	187	515	11.74	2.24	$3,348
Jun 1998	322	496	11.24	2.24	$4,729
May 1998	179	510	12.62	2.21	$3,384
Apr 1998	291	488	13.04	2.51	$5,017
Mar 1998	329	490	12.80	2.31	$5,343
Feb 1998	165	443	13.95	2.30	$3,320
Jan 1998	302	440	14.70	2.15	$5,388
Dec 1997	285	436	16.32	2.41	$5,702
Nov 1997	300	432	18.19	3.09	$6,791
Oct 1997	159	408	19.25	3.15	$4,346
Sep 1997	301	407	17.74	2.95	$6,542
Aug 1997	258	610	17.86	2.55	$6,166
Jul 1997	302	407	17.58	2.25	$6,224
Jun 1997	329	654	17.24	2.26	$7,148
May 1997	151	319	18.97	2.31	$3,601
Apr 1997	282	267	17.88	2.08	$5,598
Mar 1997	306	258	18.95	1.94	$6,299
Feb 1997	328	157	20.49	2.21	$7,067
Jan 1997	164	428	23.48	3.54	$5,366
Dec 1996	315	364	23.32	—	$7,346
Nov 1996	258	370	21.97	—	$5,668
Oct 1996	315	390	23.31	—	$7,343
Sep 1996	331	409	22.22	—	$7,355
Aug 1996	308	425	20.26	—	$6,240
Jul 1996	326	447	19.55	—	$6,373
Jun 1996	146	434	18.73	—	$2,735
May 1996	306	598	19.43	—	$5,946
Apr 1996	315	528	21.51	—	$6,776
Mar 1996	283	534	19.38	—	$5,485
Feb 1996	293	410	16.98	—	$4,975
Jan 1996	318	532	17.07	—	$5,428
Dec 1995	282	438	17.19	—	$4,848
Nov 1995	355	541	16.00	—	$5,680
Oct 1995	291	510	15.43	—	$4,490
Sep 1995	286	424	16.18	—	$4,627
Aug 1995	305	450	15.92	—	$4,856
Jul 1995	309	373	15.24	—	$4,709
Jun 1995	303	246	16.41	—	$4,972
May 1995	315	352	17.56	—	$5,531
Apr 1995	301	347	17.73	—	$5,337
Mar 1995	330	484	16.44	—	$5,425
Feb 1995	317	404	16.58	—	$5,256
Jan 1995	332	427	15.92	—	$5,285
Dec 1994	343	432	15.03	—	$5,155
Nov 1994	301	417	15.90	—	$4,786
Oct 1994	310	495	15.58	—	$4,830
Sep 1994	306	511	15.29	—	$4,679
Aug 1994	343	497	16.13	—	$5,533
Jul 1994	358	535	17.56	—	$6,286
Jun 1994	365	595	17.09	—	$6,238
May 1994	359	647	15.88	—	$5,701
Apr 1994	366	582	14.14	—	$5,175
Mar 1994	294	645	12.46	—	$3,663
Feb 1994	373	555	12.50	—	$4,663
Jan 1994	189	410	12.66	—	$2,393
Dec 1993	551	623	12.33	—	$6,794
Nov 1993	373	402	14.49	—	$5,405
Oct 1993	184	633	15.85	—	$2,916
Sep 1993	365	538	15.03	—	$5,486
Aug 1993	361	706	15.66	—	$5,653
Jul 1993	356	689	15.46	—	$5,504
Jun 1993	363	893	16.79	—	$6,095
May 1993	364	1	17.68	—	$6,436
Apr 1993	364	1	18.05	—	$6,570
Mar 1993	740	1	18.14	—	$13,424
Feb 1993	7	1	17.90	—	$125
Jan 1993	210	1	16.93	—	$3,555

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 2017 — as filed, then multipliedworked

Oil                   89 bbl  × $ 49.41 =     $4,397
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $4,397

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/26838 is the state's own key, not one this site invented.