UNIVERSITY

Operated by Q NATURAL RESOURCES, LLC (P-5 684427) in the MAGNOLIA SEALY, SOUTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27368District 08Field 56766001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.8 M
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 16 leases and 41 wells, and the rule below applies to all of them.

Discovered
1940-02-01
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.

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
OilDisposition62,341 bbl$2,817,381
Casinghead gasProduction726 Mcf$1,169
Total$2,818,549

378 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 31.5318, -103.0335. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.53185, -103.03351 · 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
2,905 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 2,900 and 2,910 ft, median 2,905 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1982 – Jun 1982
2 of 2 wells

2 wells

42-4753264822,900 ftJun 1982
42-4753254312,910 ftApr 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 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 2023148075.112.47$11,116
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022171085.005.65$14,535
Oct 2022174087.185.86$15,169
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 2022142081.844.54$11,621
Dec 2021184071.323.90$13,123
Nov 20210077.435.24$0
Oct 2021161079.795.71$12,846
Sep 20210069.865.35$0
Aug 2021153066.024.22$10,101
Jul 2021165070.783.98$11,679
Jun 20210069.493.38$0
May 2021164063.483.02$10,411
Apr 2021166060.362.76$10,020
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021163050.412.81$8,217
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 2020156057.252.09$8,931
Dec 20190059.012.30$0
Nov 2019169055.302.75$9,346
Oct 2019164053.472.42$8,769
Sep 20190055.052.66$0
Aug 2019166053.112.30$8,816
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019169058.482.74$9,883
Apr 2019167062.632.75$10,459
Mar 2019166056.803.06$9,429
Feb 20190050.852.79$0
Jan 2019174046.033.23$8,009
Dec 2018335046.594.19$15,608
Nov 20180052.934.24$0
Oct 2018166061.443.40$10,199
Sep 20180059.543.11$0
Aug 2018170059.403.07$10,098
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018206063.842.90$13,151
Mar 2018166061.222.79$10,163
Feb 20180061.782.77$0
Jan 201848062.874.01$3,018
Dec 20170057.272.92$0
Nov 201721324855.423.12$12,578
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017158043.873.09$6,931
Jun 20170042.493.09$0
May 2017166045.373.26$7,531
Apr 20170047.933.21$0
Mar 2017172046.772.98$8,044
Feb 20170050.452.95$0
Jan 2017158049.413.42$7,807
Dec 2016171048.763.72$8,338
Nov 20160042.492.64$0
Oct 2016158046.193.09$7,298
Sep 2016145041.553.10$6,025
Aug 2016152041.442.92$6,299
Jul 20160041.622.92$0
Jun 2016164045.352.69$7,437
May 20160042.521.99$0
Apr 2016151036.561.99$5,521
Mar 2016150033.011.79$4,952
Feb 2016166026.472.06$4,394
Jan 2016310027.352.36$8,479
Dec 20150032.362.00$0
Nov 2015166038.792.17$6,439
Oct 2015158043.552.43$6,881
Sep 20150042.992.76$0
Aug 2015165040.162.87$6,626
Jul 2015150048.152.95$7,223
Jun 2015167056.152.88$9,377
May 20150055.212.96$0
Apr 2015175049.822.71$8,719
Mar 2015171042.892.93$7,334
Feb 2015161044.662.98$7,190
Jan 2015183043.433.10$7,948
Dec 2014170054.693.59$9,297
Nov 2014180070.464.25$12,683
Oct 20140078.303.90$0
Sep 2014169086.164.05$14,561
Aug 2014175089.394.04$15,643
Jul 2014167096.564.18$16,126
Jun 2014168098.164.74$16,491
May 2014170094.734.73$16,104
Apr 20140095.944.81$0
Mar 2014157095.895.06$15,055
Feb 2014150097.406.19$14,610
Jan 2014161090.404.86$14,554
Dec 2013150091.824.35$13,773
Nov 2013155088.853.74$13,772
Oct 2013316097.423.78$30,785
Sep 20131660104.113.72$17,282
Aug 20131690104.253.52$17,618
Jul 20131710102.523.72$17,531
Jun 2013165094.403.93$15,576
May 2013173094.834.15$16,406
Apr 2013326093.964.28$30,631
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013160091.603.42$14,656
Dec 2012171086.773.42$14,838
Nov 2012169086.953.62$14,695
Oct 20120089.383.40$0
Sep 2012170094.672.92$16,094
Aug 2012156092.662.91$14,455
Jul 2012164085.133.02$13,961
Jun 2012170079.822.52$13,569
May 2012170091.612.49$15,574
Apr 20123310101.652.00$33,646
Mar 20121680105.052.22$17,648
Feb 20121720101.102.57$17,389
Jan 2012172098.092.73$16,871
Dec 2011180096.873.24$17,437
Nov 2011171095.723.31$16,368
Oct 2011179084.983.65$15,211
Sep 2011167083.623.99$13,965
Aug 2011337083.404.15$28,106
Jul 2011148094.144.52$13,933
Jun 2011170092.904.64$15,793
May 2011166098.134.40$16,290
Apr 20113430105.964.33$36,344
Mar 2011170096.364.06$16,381
Feb 2011171085.644.18$14,644
Jan 2011166086.504.59$14,359
Dec 2010158085.734.35$13,545
Nov 2010168080.843.80$13,581
Oct 2010168078.103.51$13,121
Sep 2010157072.633.98$11,403
Aug 2010342073.684.42$25,199
Jul 20100072.554.74$0
Jun 2010170070.364.91$11,961
May 2010342071.124.24$24,323
Apr 2010166081.694.12$13,561
Mar 2010171078.394.39$13,405
Feb 2010172073.585.44$12,656
Jan 2010169074.365.96$12,567
Dec 2009167071.445.48$11,930
Nov 2009168074.593.75$12,531
Oct 2009343072.544.11$24,881
Sep 2009171065.543.06$11,207
Aug 2009168067.423.22$11,327
Jul 2009349061.133.46$21,334
Jun 2009346066.163.90$22,891
May 2009168054.743.93$9,196
Apr 2009337046.773.59$15,761
Mar 2009171042.144.06$7,206
Feb 2009339032.814.63$11,123
Jan 2009340035.865.37$12,192
Dec 2008171037.105.98$6,344
Nov 2008351055.496.86$19,477
Oct 2008339075.246.92$25,506
Sep 20081700101.767.88$17,299
Aug 20081670114.228.48$19,075
Jul 20083310131.0811.39$43,387
Jun 20081670131.3313.03$21,932
May 20083300123.1711.57$40,646
Apr 20081280110.3110.45$14,120
Mar 200800101.909.66$0
Feb 2008128092.538.77$11,844
Jan 20080090.388.21$0
Dec 2007141088.337.30$12,455
Nov 20070091.677.29$0
Oct 2007136082.856.92$11,268
Sep 2007137075.846.24$10,390
Aug 2007162069.066.39$11,188
Jul 2007170070.906.39$12,053
Jun 2007320062.007.55$19,840
May 2007164058.747.85$9,633
Apr 2007332059.617.81$19,791
Mar 2007324056.927.30$18,442
Feb 2007171055.108.22$9,422
Jan 20070050.306.73$0
Dec 2006154056.656.92$8,724
Nov 2006301054.207.62$16,314
Oct 2006139054.906.01$7,631
Sep 2006287060.085.04$17,243
Aug 2006149068.717.34$10,238
Jul 2006136069.376.34$9,434
Jun 2006281066.286.38$18,625
May 2006168066.016.42$11,090
Apr 2006316064.397.36$20,347
Mar 2006164056.707.08$9,299
Feb 2006155057.597.75$8,926
Jan 2006151060.598.93$9,149
Dec 2005333054.9413.42$18,295
Nov 2005163054.6910.59$8,914
Oct 2005162058.3413.80$9,451
Sep 2005158061.4512.08$9,709
Aug 2005157061.519.80$9,657
Jul 2005173055.697.84$9,634
Jun 2005324052.337.38$16,955
May 20050045.226.65$0
Apr 2005320149.207.36$15,751
Mar 2005160150.377.15$8,066
Feb 2005164145.226.31$7,422
Jan 2005318143.166.32$13,731
Dec 2004165139.866.75$6,584
Nov 2004166145.286.33$7,523
Oct 20040149.706.52$7
Sep 2004168143.245.28$7,270
Aug 2004167142.375.55$7,081
Jul 2004171138.286.08$6,552
Jun 2004173136.106.43$6,252
May 2004169137.486.49$6,341
Apr 2004330134.475.86$11,381
Mar 2004174134.365.53$5,984
Feb 2004174132.455.51$5,652
Jan 2004349132.036.30$11,185
Dec 2003173130.266.30$5,241
Nov 2003182128.804.60$5,246
Oct 2003182128.174.76$5,132
Sep 2003171126.314.75$4,504
Aug 2003173129.765.13$5,154
Jul 2003174129.415.17$5,123
Jun 2003347128.565.98$9,916
May 2003172126.595.97$4,579
Apr 2003165126.675.41$4,406
Mar 2003346131.146.10$10,781
Feb 2003172133.487.93$5,766
Jan 2003344130.315.58$10,432
Dec 2002169126.914.85$4,553
Nov 2002334124.664.14$8,241
Oct 2002166126.464.23$4,397
Sep 2002350127.443.64$9,608
Aug 2002331125.963.16$8,596
Jul 2002170124.583.06$4,182
Jun 2002168123.733.34$3,990
May 2002344124.663.58$8,487
Apr 20020123.653.51$4
Mar 2002306122.003.10$6,735
Feb 2002343118.222.38$6,252
Jan 2002166117.172.38$2,853
Dec 2001180116.932.36$3,050
Nov 2001336118.072.41$6,074
Oct 2001173119.782.53$3,424
Sep 2001344124.262.25$8,348
Aug 2001167124.873.05$4,156
Jul 2001351123.933.20$8,403
Jun 2001342124.563.82$8,403
May 2001171125.524.31$4,368
Apr 2001165124.685.34$4,078
Mar 2001169124.545.38$4,153
Feb 2001345127.755.77$9,580
Jan 2001180127.478.40$4,953
Dec 2000175126.889.12$4,713
Nov 2000335132.215.66$10,796
Oct 2000170131.235.15$5,314
Sep 2000172131.875.19$5,487
Aug 2000173129.644.54$5,132
Jul 2000339128.534.09$9,676
Jun 2000169129.304.40$4,956
May 2000172127.263.68$4,692
Apr 2000174124.513.12$4,268
Mar 2000350128.422.86$9,950
Feb 2000178127.622.73$4,919
Jan 2000181125.272.48$4,576
Dec 1999174124.282.42$4,227
Nov 1999177123.192.43$4,107
Oct 1999170120.982.80$3,569
Sep 1999325121.752.62$7,071
Aug 1999157119.262.88$3,027
Jul 1999162117.892.37$2,901
Jun 19990115.942.36$2
May 1999177115.792.32$2,797
Apr 1999324115.102.21$4,895
Mar 1999167112.471.84$2,084
Feb 199916919.981.82$1,688
Jan 1999163110.381.90$1,694
Dec 199816619.201.77$1,529
Nov 19980110.892.19$2
Oct 1998331112.421.97$4,113
Sep 1998172112.592.08$2,168
Aug 1998169111.301.91$1,912
Jul 1998333111.742.24$3,912
Jun 1998173111.242.24$1,947
May 1998168112.622.21$2,122
Apr 1998348113.042.51$4,540
Mar 1998168112.802.31$2,153
Feb 1998182113.952.30$2,541
Jan 1998181114.702.15$2,663
Dec 1997365116.322.41$5,959
Nov 1997179118.193.09$3,259
Oct 1997182119.253.15$3,507
Sep 1997179117.742.95$3,178
Aug 1997352117.862.55$6,289
Jul 1997179117.582.25$3,149
Jun 1997178117.242.26$3,071
May 1997347118.972.31$6,585
Apr 1997180117.882.08$3,220
Mar 1997359118.951.94$6,805
Feb 1997181120.492.21$3,711
Jan 1997182123.483.54$4,277
Dec 1996353123.32$8,232
Nov 1996172121.97$3,779
Oct 1996358123.31$8,345
Sep 1996177122.22$3,933
Aug 1996180120.26$3,647
Jul 1996177119.55$3,460
Jun 19960118.73$0
May 1996357119.43$6,937
Apr 1996174121.51$3,743
Mar 1996180119.38$3,488
Feb 1996184116.98$3,124
Jan 1996185117.07$3,158
Dec 1995181117.19$3,111
Nov 1995177116.00$2,832
Oct 1995180115.43$2,777
Sep 1995179116.18$2,896
Aug 1995179115.92$2,850
Jul 1995180115.24$2,743
Jun 1995358116.41$5,875
May 1995181117.56$3,178
Apr 1995179117.73$3,174
Mar 1995360116.44$5,918
Feb 1995182116.58$3,018
Jan 1995368115.92$5,859
Dec 1994363115.03$5,456
Nov 1994181115.90$2,878
Oct 1994181115.58$2,820
Sep 1994359115.29$5,489
Aug 1994178116.13$2,871
Jul 1994355117.56$6,234
Jun 1994179117.09$3,059
May 1994361115.88$5,733
Apr 1994181114.14$2,559
Mar 1994356112.46$4,436
Feb 1994182112.50$2,275
Jan 1994363112.66$4,596
Dec 1993360112.33$4,439
Nov 1993178114.49$2,579
Oct 1993363115.85$5,754
Sep 1993179115.03$2,690
Aug 19933876315.66$6,060
Jul 19933216315.46$4,963
Jun 19931714716.79$2,871
May 19935346417.68$9,441
Apr 1993903418.05$1,625
Mar 19931704118.14$3,084
Feb 199301217.90$0
Jan 199301416.93$0

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.

Feb 2023 — as filed, then multipliedworked
Oil                  148 bbl  × $ 75.11 =    $11,116
Casinghead gas         0 Mcf  × $  2.47 =         $0

────────────────────────────────────────────────────
Month total                                  $11,116

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/27368 is the state's own key, not one this site invented.