UNIVERSITY DR.

Operated by WALBET, INC. (P-5 891734) in the WICKETT, SOUTH (YATES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27323District 08Field 97201500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$35 k
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 7 leases and 62 wells, and the rule below applies to all of them.

Discovered
1952-04-02
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 20 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
NGPA2none

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
OilDisposition27,490 bbl$1,124,904
Casinghead gasProduction11,290 Mcf$13,345
Total$1,138,249

5,538 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 (2)

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 31.5475, -103.0270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.54750, -103.02703 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
2,963 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
2100.0%

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 2,875 and 3,050 ft, median 2,963 ft, over the 2 wells that filed a depth.

Completions filed
May 1982 – Aug 1982
2 of 2 wells

2 wells

42-4753256532,875 ftAug 1982
42-4753256423,050 ftMay 1982

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 2026142098.932.87$14,048
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026158059.138.00$9,343
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 2025177066.483.13$11,767
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025177070.884.34$12,546
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024176069.052.20$12,153
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024177079.932.15$14,148
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024181084.451.66$15,285
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024162073.023.30$11,829
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 2023139074.852.64$10,404
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023182078.122.24$14,218
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022179076.415.73$13,677
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022177084.888.16$15,024
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221770115.097.98$20,371
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221880108.885.08$20,469
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 2021170066.024.22$11,223
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021169060.362.76$10,201
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020182044.642.68$8,124
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020163037.091.99$6,046
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020183034.901.69$6,387
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 2019180055.302.75$9,954
Oct 20190053.472.42$0
Sep 2019183055.052.66$10,074
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019163052.782.49$8,603
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019161056.803.06$9,145
Feb 20190050.852.79$0
Jan 2019163046.033.23$7,503
Dec 2018184046.594.19$8,573
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018155059.543.11$9,229
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 2018176061.222.79$10,775
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 2017180047.933.21$8,627
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016162048.763.72$7,899
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016163041.553.10$6,773
Aug 20160041.442.92$0
Jul 2016174041.622.92$7,242
Jun 20160045.352.69$0
May 2016166042.521.99$7,058
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016174026.472.06$4,606
Jan 20160027.352.36$0
Dec 2015168032.362.00$5,436
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 2014152095.944.81$14,583
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 20131560102.523.72$15,993
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 2013181091.603.42$16,580
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012159094.672.92$15,053
Aug 20120092.662.91$0
Jul 2012159085.133.02$13,536
Jun 20120079.822.52$0
May 2012167091.612.49$15,299
Apr 201200101.652.00$0
Mar 20121620105.052.22$17,018
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011159096.873.24$15,402
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 2011159098.134.40$15,603
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011161086.504.59$13,927
Dec 20100085.734.35$0
Nov 2010167080.843.80$13,500
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 2010167071.124.24$11,877
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010156074.365.96$11,600
Dec 20090071.445.48$0
Nov 2009165074.593.75$12,307
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009155061.133.46$9,475
Jun 20090066.163.90$0
May 2009172054.743.93$9,415
Apr 20090046.773.59$0
Mar 2009156042.144.06$6,574
Feb 20090032.814.63$0
Jan 2009168035.865.37$6,024
Dec 20080037.105.98$0
Nov 2008166055.496.86$9,211
Oct 20080075.246.92$0
Sep 20081590101.767.88$16,180
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081740131.3313.03$22,851
May 200800123.1711.57$0
Apr 20081620110.3110.45$17,870
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007164088.337.30$14,486
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007166070.906.39$11,769
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007175059.617.81$10,432
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006163056.656.92$9,234
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006168060.085.04$10,093
Aug 20060068.717.34$0
Jul 2006155069.376.34$10,752
Jun 20060066.286.38$0
May 2006165066.016.42$10,892
Apr 20060064.397.36$0
Mar 2006165056.707.08$9,356
Feb 20060057.597.75$0
Jan 2006172060.598.93$10,421
Dec 20050054.9413.42$0
Nov 2005169054.6910.59$9,243
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005168055.697.84$9,356
Jun 2005168052.337.38$8,791
May 20050045.226.65$0
Apr 2005168049.207.36$8,266
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005167043.166.32$7,208
Dec 20040039.866.75$0
Nov 2004172045.286.33$7,788
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004172038.286.08$6,584
Jun 20040036.106.43$0
May 2004173037.486.49$6,484
Apr 20040034.475.86$0
Mar 2004170034.365.53$5,841
Feb 20040032.455.51$0
Jan 2004173032.036.30$5,541
Dec 20030030.266.30$0
Nov 2003183028.804.60$5,270
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003185029.765.13$5,506
Jul 20030029.415.17$0
Jun 2003179028.565.98$5,112
May 20030026.595.97$0
Apr 2003177026.675.41$4,721
Mar 20030031.146.10$0
Feb 2003174033.487.93$5,826
Jan 2003174030.315.58$5,274
Dec 20020026.914.85$0
Nov 2002179024.664.14$4,414
Oct 20020026.464.23$0
Sep 2002177027.443.64$4,857
Aug 2002168025.963.16$4,361
Jul 20020024.583.06$0
Jun 2002170023.733.34$4,034
May 2002166024.663.58$4,094
Apr 20020023.653.51$0
Mar 2002170022.003.10$3,740
Feb 2002173018.222.38$3,152
Jan 2002176017.172.38$3,022
Dec 20010016.932.36$0
Nov 2001173018.072.41$3,126
Oct 20010019.782.53$0
Sep 2001174024.262.25$4,221
Aug 20010024.873.05$0
Jul 2001175023.933.20$4,188
Jun 2001174024.563.82$4,273
May 20010025.524.31$0
Apr 2001168024.685.34$4,146
Mar 2001167024.545.38$4,098
Feb 20010027.755.77$0
Jan 2001172027.478.40$4,725
Dec 2000167026.889.12$4,489
Nov 20000032.215.66$0
Oct 2000170031.235.15$5,309
Sep 2000166031.875.19$5,290
Aug 20000029.644.54$0
Jul 2000171028.534.09$4,879
Jun 20000029.304.40$0
May 2000173027.263.68$4,716
Apr 2000173024.513.12$4,240
Mar 20000028.422.86$0
Feb 2000173027.622.73$4,778
Jan 2000171025.272.48$4,321
Dec 19990024.282.42$0
Nov 1999172023.192.43$3,989
Oct 1999174020.982.80$3,651
Sep 199904121.752.62$107
Aug 199917021919.262.88$3,904
Jul 1999034417.892.37$816
Jun 199916920515.942.36$3,178
May 199917826715.792.32$3,430
Apr 1999016515.102.21$364
Mar 199917331312.471.84$2,733
Feb 19991751189.981.82$1,961
Jan 1999016910.381.90$321
Dec 199801079.201.77$190
Nov 199816817610.892.19$2,214
Oct 199816215712.421.97$2,321
Sep 1998016912.592.08$352
Aug 199817417111.301.91$2,292
Jul 199817916011.742.24$2,459
Jun 1998025611.242.24$573
May 199818325212.622.21$2,865
Apr 1998017013.042.51$426
Mar 199817820412.802.31$2,750
Feb 199816918413.952.30$2,781
Jan 1998027314.702.15$588
Dec 199718011516.322.41$3,215
Nov 199717117118.193.09$3,639
Oct 1997011219.253.15$353
Sep 1997014017.742.95$414
Aug 199718015417.862.55$3,608
Jul 199717322317.582.25$3,542
Jun 1997016217.242.26$366
May 199717823318.972.31$3,915
Apr 19971709417.882.08$3,235
Mar 19971782218.951.94$3,416
Feb 199706120.492.21$135
Jan 199717014523.483.54$4,505
Dec 1996010323.32$0
Nov 199618412721.97$4,042
Oct 199618115523.31$4,219
Sep 199608422.22$0
Aug 199618211920.26$3,687
Jul 199618413419.55$3,597
Jun 199608818.73$0
May 19961835819.43$3,556
Apr 199619017421.51$4,087
Mar 1996018619.38$0
Feb 199619117016.98$3,243
Jan 19961935817.07$3,295
Dec 199508517.19$0
Nov 19951898416.00$3,024
Oct 19951847115.43$2,839
Sep 1995011316.18$0
Aug 19951828115.92$2,897
Jul 19951839515.24$2,789
Jun 199518212216.41$2,987
May 199509917.56$0
Apr 199518413417.73$3,262
Mar 199517410016.44$2,861
Feb 199518111316.58$3,001
Jan 199518012515.92$2,866
Dec 1994012315.03$0
Nov 19941808815.90$2,862
Oct 19941776715.58$2,758
Sep 199406515.29$0
Aug 19941787516.13$2,871
Jul 19941745817.56$3,055
Jun 1994010417.09$0
May 199417612415.88$2,795
Apr 199417011614.14$2,404
Mar 1994011912.46$0
Feb 199417111012.50$2,138
Jan 199416614712.66$2,102
Dec 199317412612.33$2,145
Nov 1993011514.49$0
Oct 199317214615.85$2,726
Sep 199316912815.03$2,540
Aug 1993011415.66$0
Jul 199316811015.46$2,597
Jun 199317214716.79$2,888
May 199317414017.68$3,076
Apr 1993013418.05$0
Mar 199317013418.14$3,084
Feb 199317216817.90$3,079
Jan 199317220216.93$2,912

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 2026 — as filed, then multipliedworked
Oil                  142 bbl  × $ 98.93 =    $14,048
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $14,048

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/27323 is the state's own key, not one this site invented.