UNIVERSITY -35-

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the BLOCK 31 (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27077District 08Field 09358450Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$576 k
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 87 leases and 441 wells, and the rule below applies to all of them.

Discovered
1945-10-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
800 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1988-12-12.

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: FORMULA IS SUSPENDED AND ALL OVERPRODUCTION IS CANCELLED.

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
OilDisposition16,452 bbl$300,723
Casinghead gasProduction897,026 Mcf$274,878
Total$575,600

816,314 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 (4)

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 31.4548, -102.4288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.45478, -102.42883 · 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
50.0%
2 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
9,080 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
250.0%
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.
250.0%

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 9,070 and 9,350 ft, median 9,080 ft, over the 4 wells that filed a depth.

Completions filed
Jul 1982 – May 2023
3 of 4 wells; 1 filed none

4 wells

42-1033349049,080 ft
42-1033274619,350 ftMay 2023Yes
42-1033351739,070 ftOct 1984
42-1033292229,080 ftJul 1982Yes

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 20240084.451.66$0
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 20230074.852.64$0
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 202200109.378.43$0
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 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
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 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
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 200800110.3110.45$0
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 2005056058.3413.80$7,726
Sep 2005058061.4512.08$7,006
Aug 2005072661.519.80$7,113
Jul 2005026155.697.84$2,047
Jun 2005046252.337.38$3,410
May 2005029945.226.65$1,989
Apr 2005031049.207.36$2,282
Mar 2005040750.377.15$2,912
Feb 20052521945.226.31$2,513
Jan 20052625143.166.32$2,709
Dec 20042723439.866.75$2,656
Nov 20042623145.286.33$2,640
Oct 20042823649.706.52$2,929
Sep 20042326643.245.28$2,400
Aug 20042824342.375.55$2,535
Jul 2004281,59038.286.08$10,746
Jun 200427036.106.43$975
May 200425037.486.49$937
Apr 200425034.475.86$862
Mar 2004261,87634.365.53$11,268
Feb 20041071,59432.455.51$12,254
Jan 200463032.036.30$2,018
Dec 200342030.266.30$1,271
Nov 200339028.804.60$1,123
Oct 2003581,71828.174.76$9,811
Sep 200350026.314.75$1,316
Aug 200356029.765.13$1,667
Jul 200350029.415.17$1,471
Jun 200335028.565.98$1,000
May 200329026.595.97$771
Apr 200348026.675.41$1,280
Mar 200328031.146.10$872
Feb 200325033.487.93$837
Jan 200328030.315.58$849
Dec 200215026.914.85$404
Nov 200217024.664.14$419
Oct 200233026.464.23$873
Sep 200256027.443.64$1,537
Aug 200259025.963.16$1,532
Jul 200239024.583.06$959
Jun 200250023.733.34$1,187
May 200232024.663.58$789
Apr 200257023.653.51$1,348
Mar 200248022.003.10$1,056
Feb 2002533318.222.38$1,044
Jan 20025919317.172.38$1,472
Dec 20016429416.932.36$1,779
Nov 20016134518.072.41$1,932
Oct 20016139619.782.53$2,208
Sep 20015941724.262.25$2,370
Aug 20015789524.873.05$4,150
Jul 20014690623.933.20$3,997
Jun 20012891424.563.82$4,183
May 20018297225.524.31$6,279
Apr 20017591024.685.34$6,706
Mar 20015496624.545.38$6,519
Feb 20015090127.755.77$6,584
Jan 20015477827.478.40$8,018
Dec 20002932226.889.12$3,717
Nov 20002831432.215.66$2,678
Oct 20002940431.235.15$2,984
Sep 20004772931.875.19$5,279
Aug 20004853629.644.54$3,857
Jul 20002547628.534.09$2,660
Jun 20002541029.304.40$2,535
May 20002532527.263.68$1,877
Apr 20004359924.513.12$2,920
Mar 20004773628.422.86$3,441
Feb 20004081727.622.73$3,332
Jan 20002648525.272.48$1,860
Dec 1999491,33024.282.42$4,413
Nov 19992663523.192.43$2,149
Oct 19992759220.982.80$2,226
Sep 19992561021.752.62$2,141
Aug 19992686319.262.88$2,982
Jul 19993756017.892.37$1,990
Jun 19993554215.942.36$1,838
May 19993558715.792.32$1,915
Apr 1999221,61315.102.21$3,894
Mar 19991797712.471.84$2,008
Feb 1999299539.981.82$2,022
Jan 19993565910.381.90$1,615
Dec 1998306199.201.77$1,374
Nov 1998381,02810.892.19$2,661
Oct 1998331,19712.421.97$2,767
Sep 19983078612.592.08$2,015
Aug 19983489211.301.91$2,086
Jul 1998251,38711.742.24$3,397
Jun 1998251,85911.242.24$4,440
May 1998301,38512.622.21$3,434
Apr 1998361,79213.042.51$4,959
Mar 1998401,41412.802.31$3,778
Feb 1998281,46913.952.30$3,768
Jan 1998461,28314.702.15$3,441
Dec 19974496116.322.41$3,035
Nov 1997301,04118.193.09$3,761
Oct 1997371,20519.253.15$4,508
Sep 1997241,94117.742.95$6,161
Aug 1997532,00317.862.55$6,064
Jul 1997491,92117.582.25$5,178
Jun 1997462,26117.242.26$5,897
May 1997762,86718.972.31$8,060
Apr 1997982,66317.882.08$7,299
Mar 19971014,45018.951.94$10,543
Feb 1997542,57220.492.21$6,780
Jan 1997934,65923.483.54$18,675
Dec 1996852,86723.32$1,982
Nov 1996801,97821.97$1,758
Oct 19961605,13323.31$3,730
Sep 199634825,05322.22$7,733
Aug 199639529,60720.26$8,003
Jul 199614214,67119.55$2,776
Jun 19961002,85518.73$1,873
May 19961012,84819.43$1,962
Apr 1996952,04821.51$2,043
Mar 19961302,55719.38$2,519
Feb 19961022,31416.98$1,732
Jan 1996982,59017.07$1,673
Dec 1995662,24317.19$1,135
Nov 19951102,32616.00$1,760
Oct 19951203,68015.43$1,852
Sep 19951243,56316.18$2,006
Aug 19951193,01515.92$1,894
Jul 19951474,56915.24$2,240
Jun 1995993,53016.41$1,625
May 19955973917.56$1,036
Apr 19958723817.73$1,543
Mar 19957723916.44$1,266
Feb 19958729616.58$1,442
Jan 199515238215.92$2,420
Dec 199425019,70315.03$3,758
Nov 199424423,47315.90$3,880
Oct 199423632,58015.58$3,677
Sep 199423930,24515.29$3,654
Aug 199431215,09916.13$5,033
Jul 199432926,47917.56$5,777
Jun 199430121,87117.09$5,144
May 199445926,37315.88$7,289
Apr 199436127,45614.14$5,105
Mar 199435321,86112.46$4,398
Feb 199435919,67412.50$4,488
Jan 199444033,40112.66$5,570
Dec 199357235,62012.33$7,053
Nov 199345129,99914.49$6,535
Oct 199338830,51915.85$6,150
Sep 199337730,99515.03$5,666
Aug 199337532,17115.66$5,873
Jul 199346334,26115.46$7,158
Jun 199335333,85716.79$5,927
May 199348235,20417.68$8,522
Apr 199353334,53118.05$9,621
Mar 199348535,25018.14$8,798
Feb 199349133,72817.90$8,789
Jan 199346032,62316.93$7,788

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.

Oct 2005 — as filed, then multipliedworked
Oil                    0 bbl  × $ 58.34 =         $0
Casinghead gas       560 Mcf  × $ 13.80 =     $7,726

────────────────────────────────────────────────────
Month total                                   $7,726

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/27077 is the state's own key, not one this site invented.