UNIVERSITY O 25

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 27630District 08Field 09358450Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$16.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$271 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 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.

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
NGPA1none

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
OilDisposition199,080 bbl$12,737,984
Casinghead gasProduction1,375,187 Mcf$4,156,275
Total$16,894,258

166,835 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 (7)

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 31.4685, -102.4225. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.46851, -102.42319 · 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
42.9%
3 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
9,200 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
342.9%
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.
457.1%

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 9,080 and 9,400 ft, median 9,200 ft, over the 7 wells that filed a depth.

Completions filed
Feb 1984 – Jun 2023
7 of 7 wells

7 wells

42-1033328159,200 ftJun 2023Yes
42-1033600679,400 ftMar 2023Yes
42-1033608589,300 ftMar 2013
42-1033316649,250 ftAug 2012Yes
42-1033287629,080 ftAug 2011
42-1033301739,100 ftApr 1987
42-1033335969,200 ftFeb 1984

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 20261201,897106.413.05$18,547
Apr 20262731,85498.932.87$32,328
Mar 20262772,01589.753.15$31,207
Feb 20261921,69463.503.75$18,545
Jan 20262681,85959.138.00$30,715
Dec 20251792,50656.664.41$21,202
Nov 20252202,42758.593.93$22,419
Oct 20251612,20559.383.30$16,847
Sep 20252132,16962.743.08$20,037
Aug 20252142,26963.933.01$20,522
Jul 20251622,22766.743.32$18,195
Jun 20252042,22166.483.13$20,511
May 20252142,29860.553.23$20,386
Apr 20252402,15262.363.54$22,591
Mar 20251992,21567.704.27$22,927
Feb 20252331,95970.884.34$25,019
Jan 20252042,18974.324.28$24,527
Dec 20243242,17768.993.12$29,148
Nov 20241492,05469.052.20$14,804
Oct 20242642,29971.372.28$24,087
Sep 20243262,50969.612.36$28,625
Aug 20242202,42775.632.06$21,647
Jul 20241641,96979.932.15$17,335
Jun 20241502,10978.082.63$17,267
May 20243152,77078.812.20$30,915
Apr 20242661,78784.451.66$25,429
Mar 20242801,51980.301.55$24,831
Feb 20242331,83776.091.78$21,006
Jan 20243232,27973.023.30$31,101
Dec 20233572,15671.262.61$31,069
Nov 20233202,07077.892.81$30,736
Oct 20234111,74685.443.09$40,506
Sep 20233212,18389.042.74$34,552
Aug 20233311,93380.522.67$31,819
Jul 20232061,72074.852.64$19,963
Jun 20232292,33268.962.26$21,059
May 20232152,67570.622.23$21,142
Apr 20233882,41678.122.24$35,717
Mar 20232982,45672.852.39$27,587
Feb 20232652,20075.112.47$25,329
Jan 20234142,55176.533.39$40,325
Dec 20223662,81076.415.73$44,065
Nov 20223222,77685.005.65$43,044
Oct 20223012,84587.185.86$42,924
Sep 20223522,88984.888.16$53,463
Aug 20224903,13994.529.13$74,965
Jul 20224053,129101.587.54$64,739
Jun 20223133,207115.097.98$61,606
May 20225723,494109.378.43$92,025
Apr 20224973,226104.226.84$73,855
Mar 20226542,713108.885.08$84,980
Feb 20222992,32791.054.86$38,530
Jan 20223821,90481.844.54$39,903
Dec 20215992,97971.323.90$54,336
Nov 20218842,95577.435.24$83,923
Oct 20216782,91779.795.71$70,765
Sep 20214751,15869.865.35$39,380
Aug 20214282,29166.024.22$37,926
Jul 20215982,93170.783.98$53,998
Jun 20215102,57869.493.38$44,155
May 20215912,78263.483.02$45,912
Apr 20215972,70560.362.76$43,496
Mar 20218233,19061.302.72$59,117
Feb 20215672,83457.805.55$48,495
Jan 20219753,89950.412.81$60,107
Dec 20203075,04844.642.68$27,210
Nov 20205854,93938.772.71$36,048
Oct 20204365,34536.972.48$29,366
Sep 20205014,09137.091.99$26,727
Aug 20204714,07239.982.39$28,543
Jul 20205424,44538.371.83$28,909
Jun 20204584,27534.901.69$23,210
May 20206474,94716.921.81$19,925
Apr 20208185,20814.751.80$21,463
Mar 20201,4075,72730.341.86$53,319
Feb 20207445,59849.881.98$48,199
Jan 20208835,64257.252.09$62,370
Dec 20196754,46459.012.30$50,118
Nov 20195693,42755.302.75$40,892
Oct 20196333,57453.472.42$42,490
Sep 20194484,60255.052.66$36,891
Aug 20194303,58753.112.30$31,103
Jul 20193933,73456.272.46$31,300
Jun 20195103,92852.782.49$36,703
May 20196483,53358.482.74$47,577
Apr 20196013,72162.632.75$47,876
Mar 20194784,77356.803.06$41,766
Feb 20195984,10450.852.79$41,868
Jan 20196775,14846.033.23$47,781
Dec 20187804,99546.594.19$57,246
Nov 20185924,73552.934.24$51,398
Oct 20186214,26961.443.40$52,661
Sep 20185594,19859.543.11$46,330
Aug 20189244,61459.403.07$69,035
Jul 20188364,66265.142.93$68,125
Jun 20187085,08160.183.08$58,241
May 20185765,16365.382.90$52,636
Apr 20187426,32363.842.90$65,711
Mar 20186215,79461.222.79$54,165
Feb 20184404,87061.782.77$40,654
Jan 20184994,64862.874.01$50,007
Dec 20175924,36557.272.92$46,656
Nov 20173724,81355.423.12$35,625
Oct 20173714,82149.292.98$32,671
Sep 20174636,65747.523.09$42,554
Aug 20175039,50845.373.00$51,387
Jul 20174837,23043.873.09$43,510
Jun 20175417,26842.493.09$45,425
May 20176617,87045.373.26$55,673
Apr 20178878,37347.933.21$69,405
Mar 20176478,37046.772.98$55,234
Feb 20178807,00950.452.95$65,091
Jan 20178366,47249.413.42$63,433
Dec 20167757,38948.763.72$65,297
Nov 20167419,55542.492.64$56,752
Oct 20169357,70946.193.09$67,010
Sep 20166076,68441.553.10$45,945
Aug 20168666,92241.442.92$56,129
Jul 20167486,91241.622.92$51,345
Jun 20167187,49645.352.69$52,694
May 20166747,48042.521.99$43,551
Apr 20161,2367,67936.561.99$60,477
Mar 20167817,77133.011.79$39,722
Feb 20161,0067,90526.472.06$42,942
Jan 20169929,20127.352.36$48,886
Dec 20151,1329,30132.362.00$55,247
Nov 20151,0879,09738.792.17$61,881
Oct 20151,0407,92043.552.43$64,511
Sep 20159996,86742.992.76$61,889
Aug 20151,71410,06040.162.87$97,731
Jul 201587010,47748.152.95$72,746
Jun 201593710,01956.152.88$81,496
May 20151,14710,25555.212.96$93,634
Apr 20151,2929,34949.822.71$89,671
Mar 20151,71110,56042.892.93$104,375
Feb 20151,00910,52244.662.98$76,377
Jan 20151,48412,30043.433.10$102,588
Dec 20141,50412,50454.693.59$127,160
Nov 20141,32213,44370.464.25$150,306
Oct 20141,31513,35078.303.90$155,042
Sep 20141,42412,26186.164.05$172,293
Aug 20141,13512,89589.394.04$153,491
Jul 20141,54812,73796.564.18$202,710
Jun 20141,19413,21598.164.74$179,801
May 20141,47613,38494.734.73$203,082
Apr 20141,52712,30295.944.81$205,662
Mar 20141,64510,48995.895.06$210,780
Feb 20141,53111,43597.406.19$219,925
Jan 20142,14813,49890.404.86$259,789
Dec 20131,75912,47291.824.35$215,820
Nov 20131,92711,71188.853.74$214,993
Oct 20132,29313,32997.423.78$273,759
Sep 20132,04412,423104.113.72$258,986
Aug 20131,97413,219104.253.52$252,355
Jul 20132,66912,710102.523.72$320,878
Jun 20132,46313,79194.403.93$286,753
May 20133,02915,26594.834.15$350,576
Apr 20134,29116,27293.964.28$472,869
Mar 20134,80216,92993.623.91$515,804
Feb 20131,3308,35391.233.42$149,902
Jan 20131,9069,94291.603.42$208,590
Dec 20122,40910,79486.773.42$245,946
Nov 20123,00013,04086.953.62$308,119
Oct 20123,00615,12789.383.40$320,103
Sep 20121,5348,92594.672.92$171,271
Aug 20121,9959,19892.662.91$211,606
Jul 20128716,64485.133.02$94,218
Jun 20121,0375,91779.822.52$97,679
May 20126226,41891.612.49$72,951
Apr 20127415,602101.652.00$86,509
Mar 20128726,008105.052.22$104,954
Feb 20129465,824101.102.57$110,610
Jan 20121,1335,87898.092.73$127,207
Dec 20111,1565,26696.873.24$129,042
Nov 20118794,89295.723.31$100,337
Oct 20111,3994,94184.983.65$136,914
Sep 20111,1744,45883.623.99$115,939
Aug 20111,4052,35983.404.15$126,965
Jul 20111,0672,21994.144.52$110,471
Jun 20111,2703,12792.904.64$132,492
May 20118076698.134.40$11,224
Apr 201192894105.964.33$13,622
Mar 201111483496.364.06$14,369
Feb 201114558885.644.18$14,876
Jan 201116324586.504.59$15,224
Dec 20103123,71985.734.35$42,917
Nov 20101514,70880.843.80$30,075
Oct 20101406,43778.103.51$33,521
Sep 20101366,26372.633.98$34,801
Aug 20101476,43673.684.42$39,274
Jul 20102596,59772.554.74$50,037
Jun 201034711,68370.364.91$81,783
May 201025912,23271.124.24$70,225
Apr 201013711981.694.12$11,682
Mar 20108410778.394.39$7,054
Feb 201074073.585.44$5,445
Jan 2010119074.365.96$8,849
Dec 2009114071.445.48$8,144
Nov 2009120074.593.75$8,951
Oct 2009154072.544.11$11,171
Sep 2009158065.543.06$10,355
Aug 2009152067.423.22$10,248
Jul 200940061.133.46$2,445
Jun 200913066.163.90$860
May 200930054.743.93$1,642
Apr 200951046.773.59$2,385
Mar 200939042.144.06$1,643
Feb 200944032.814.63$1,444
Jan 2009160035.865.37$5,738
Dec 2008262037.105.98$9,720
Nov 2008240055.496.86$13,318
Oct 2008256075.246.92$19,261
Sep 20082170101.767.88$22,082
Aug 20083540114.228.48$40,434
Jul 20083150131.0811.39$41,290
Jun 20081900131.3313.03$24,953
May 20081420123.1711.57$17,490
Apr 20081130110.3110.45$12,465
Mar 20081000101.909.66$10,190
Feb 2008117092.538.77$10,826
Jan 2008161090.388.21$14,551
Dec 2007165088.337.30$14,574
Nov 2007232091.677.29$21,267
Oct 2007205082.856.92$16,984
Sep 2007174075.846.24$13,196
Aug 2007141069.066.39$9,737
Jul 2007352070.906.39$24,957
Jun 2007261062.007.55$16,182
May 2007319058.747.85$18,738
Apr 2007313059.617.81$18,658
Mar 2007310056.927.30$17,645
Feb 2007307055.108.22$16,916
Jan 2007362050.306.73$18,209
Dec 2006368056.656.92$20,847
Nov 2006383054.207.62$20,759
Oct 2006429054.906.01$23,552
Sep 2006457060.085.04$27,457
Aug 200630068.717.34$2,061
Jul 200693069.376.34$6,451
Jun 2006105066.286.38$6,959
May 2006308066.016.42$20,331
Apr 2006341064.397.36$21,957
Mar 2006347056.707.08$19,675
Feb 2006237057.597.75$13,649
Jan 200692060.598.93$5,574
Dec 2005158054.9413.42$8,681
Nov 200554054.6910.59$2,953
Oct 200549058.3413.80$2,859
Sep 200563061.4512.08$3,871
Aug 2005340061.519.80$20,913
Jul 200577055.697.84$4,288
Jun 2005226052.337.38$11,827
May 2005372045.226.65$16,822
Apr 200572049.207.36$3,542
Mar 200528050.377.15$1,410
Feb 200525045.226.31$1,131
Jan 200526043.166.32$1,122
Dec 200427039.866.75$1,076
Nov 200411045.286.33$498
Oct 200428049.706.52$1,392
Sep 200423043.245.28$995
Aug 200430042.375.55$1,271
Jul 200484038.286.08$3,216
Jun 200482036.106.43$2,960
May 200474037.486.49$2,774
Apr 200472034.475.86$2,482
Mar 200476034.365.53$2,611
Feb 2004161032.455.51$5,224
Jan 200494032.036.30$3,011
Dec 200363030.266.30$1,906
Nov 200358028.804.60$1,670
Oct 200388028.174.76$2,479
Sep 200375026.314.75$1,973
Aug 200384029.765.13$2,500
Jul 200375029.415.17$2,206
Jun 200356028.565.98$1,599
May 200380026.595.97$2,127
Apr 200375026.675.41$2,000
Mar 200384031.146.10$2,616
Feb 200376033.487.93$2,544
Jan 200385030.315.58$2,576
Dec 200246026.914.85$1,238
Nov 200247024.664.14$1,159
Oct 200249026.464.23$1,297
Sep 200284027.443.64$2,305
Aug 200295025.963.16$2,466
Jul 2002953224.583.06$2,433
Jun 200210664223.733.34$4,659
May 20021161,40824.663.58$7,907
Apr 20021112,04723.653.51$9,815
Mar 2002812,02522.003.10$8,065
Feb 20021051,12218.222.38$4,579
Jan 20021161,48017.172.38$5,508
Dec 2001952,71216.932.36$8,021
Nov 2001943,01618.072.41$8,954
Oct 20011182,97519.782.53$9,857
Sep 20019217424.262.25$2,624
Aug 20011272,62624.873.05$11,176
Jul 20011663,19623.933.20$14,190
Jun 20011161,84024.563.82$9,885
May 200119039725.524.31$6,559
Apr 20011516,68724.685.34$39,404
Mar 200110922924.545.38$3,906
Feb 2001995,36227.755.77$33,670
Jan 20011121,42827.478.40$15,070
Dec 200011476426.889.12$10,034
Nov 20008560432.215.66$6,155
Oct 200011131831.235.15$5,103
Sep 20009615231.875.19$3,848
Aug 200010929229.644.54$4,557
Jul 200010238128.534.09$4,468
Jun 200012091629.304.40$7,544
May 200011355027.263.68$5,104
Apr 20001023,51024.513.12$13,437
Mar 2000988,15428.422.86$26,104
Feb 200012143327.622.73$4,523
Jan 200015849525.272.48$5,221
Dec 199913882824.282.42$5,357
Nov 199916493223.192.43$6,072
Oct 199918388920.982.80$6,332
Sep 19992621,61421.752.62$9,925
Aug 19991871,13419.262.88$6,863
Jul 199922081117.892.37$5,860
Jun 19992421,95315.942.36$8,471
May 19993901,70215.792.32$10,108
Apr 19991852,00715.102.21$7,225
Mar 199920585812.471.84$4,134
Feb 19994315669.981.82$5,330
Jan 199926695410.381.90$4,574
Dec 19983171,5749.201.77$5,708
Nov 19982721,38010.892.19$5,978
Oct 199817471512.421.97$3,569
Sep 199817585812.592.08$3,990
Aug 19981801,88811.301.91$5,635
Jul 19982212,07611.742.24$7,239
Jun 19982452,42411.242.24$8,177
May 19982261,89712.622.21$7,038
Apr 19982981,63013.042.51$7,970
Mar 19982621,55712.802.31$6,949
Feb 19982431,91613.952.30$7,795
Jan 19983512,01414.702.15$9,499
Dec 19974971,15216.322.41$10,889
Nov 199738022018.193.09$7,592
Oct 199734626519.253.15$7,495
Sep 1997295117.742.95$5,236
Aug 199738228617.862.55$7,553
Jul 19972509617.582.25$4,611
Jun 199730151017.242.26$6,340
May 199731348418.972.31$7,055
Apr 19972572,00717.882.08$8,775
Mar 199728273918.951.94$6,777
Feb 199726150320.492.21$6,457
Jan 199729427323.483.54$7,869
Dec 199632544523.32$7,579
Nov 199638065621.97$8,349
Oct 19962591,18623.31$6,037
Sep 199627676822.22$6,133
Aug 19964351,01820.26$8,813
Jul 199635355819.55$6,901
Jun 19963881,40618.73$7,267
May 19963491,49919.43$6,781
Apr 199634499321.51$7,399
Mar 19963701,69919.38$7,171
Feb 199633477116.98$5,671
Jan 19963661,36617.07$6,248
Dec 19952604,01217.19$4,469
Nov 19953293,06016.00$5,264
Oct 19953522,26515.43$5,431
Sep 19953531,92516.18$5,712
Aug 19952994,07915.92$4,760
Jul 19953147,45015.24$4,785
Jun 19953245,53516.41$5,317
May 19953704,11117.56$6,497
Apr 19953725,36017.73$6,596
Mar 19953364,96116.44$5,524
Feb 19953195,46216.58$5,289
Jan 19954245,72315.92$6,750
Dec 199441113,02115.03$6,177
Nov 19943776,23915.90$5,994
Oct 19943985,11715.58$6,201
Sep 19943804,93915.29$5,810
Aug 19943324,31116.13$5,355
Jul 19943736,09917.56$6,550
Jun 19943825,30817.09$6,528
May 19943753,61415.88$5,955
Apr 19944024,59014.14$5,684
Mar 19944293,59012.46$5,345
Feb 19944153,74212.50$5,188
Jan 19944225,27012.66$5,343
Dec 19934931,97612.33$6,079
Nov 19933463,58714.49$5,014
Oct 19933814,65515.85$6,039
Sep 19934334,85315.03$6,508
Aug 19933994,37315.66$6,248
Jul 19934472,13315.46$6,911
Jun 19934021,29516.79$6,750
May 19934243,17217.68$7,496
Apr 19934703,56218.05$8,484
Mar 19934163,89418.14$7,546
Feb 199332270717.90$5,764
Jan 199340748016.93$6,891

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.

May 2026 — as filed, then multipliedworked
Oil                  120 bbl  × $106.41 =    $12,769
Casinghead gas     1,897 Mcf  × $  3.05 =     $5,778

────────────────────────────────────────────────────
Month total                                  $18,547

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/27630 is the state's own key, not one this site invented.