UNIVERSITY -25-

Operated by R3 OPERATING CORPORATION (P-5 103624) in the MCELROY (DEVONIAN, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27983District 08Field 59337410Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$13.8 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 2 leases and 6 wells, and the rule below applies to all of them.

Discovered
1982-09-16
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA4none

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
OilDisposition237,120 bbl$10,195,548
Casinghead gasProduction1,262,187 Mcf$3,561,583
Total$13,757,130

468,890 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 (5)

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 31.4937, -102.3247. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.49392, -102.32532 · 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
80.0%
4 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
12,086 ft
5 wells filed one
Completion to plug
14.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
480.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
120.0%

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 11,190 and 12,145 ft, median 12,086 ft, over the 5 wells that filed a depth.

Completions filed
Feb 1984 – Jul 2024
5 of 5 wells
Plug dates filed
Oct 2001 – Apr 2012
2 of 5 wells; 3 filed none

Last completion to plug: a median of 14.2 years across the 2 wells that filed both dates, with the middle half between 13.8 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-10333066111,190 ftJul 2024
42-10333320312,133 ftJan 2012Yes
42-10333462411,215 ftJan 1999Apr 2012Yes
42-10333496512,145 ftSep 1986Oct 2001Yes
42-10333145212,086 ftFeb 1984Yes

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 2024057778.082.63$1,520
May 2024064478.812.20$1,416
Apr 2024063784.451.66$1,057
Mar 2024069580.301.55$1,074
Feb 2024021176.091.78$376
Jan 2024015973.023.30$524
Dec 2023040471.262.61$1,055
Nov 2023039777.892.81$1,115
Oct 2023043985.443.09$1,355
Sep 2023028589.042.74$779
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023023168.962.26$522
May 2023042270.622.23$940
Apr 2023040378.122.24$902
Mar 2023042772.852.39$1,022
Feb 2023036675.112.47$902
Jan 2023608276.533.39$4,870
Dec 2022105076.415.73$8,023
Nov 20220085.005.65$0
Oct 202217460387.185.86$18,705
Sep 20220084.888.16$0
Aug 202217556594.529.13$21,698
Jul 202262467101.587.54$9,820
Jun 2022188548115.097.98$26,008
May 2022120598109.378.43$18,167
Apr 2022127562104.226.84$17,079
Mar 2022179434108.885.08$21,693
Feb 2022012491.054.86$603
Jan 202218751481.844.54$17,636
Dec 202133773271.323.90$26,889
Nov 20214012677.435.24$31,186
Oct 202137024579.795.71$30,922
Sep 2021316069.865.35$22,076
Aug 2021427066.024.22$28,191
Jul 2021457070.783.98$32,346
Jun 2021559069.493.38$38,845
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 202054465044.642.68$26,023
Nov 202027579838.772.71$12,822
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 20202231,03930.341.86$8,694
Feb 202014986849.881.98$9,151
Jan 20202201,01157.252.09$14,713
Dec 20191451,04359.012.30$10,960
Nov 20193741,30655.302.75$24,275
Oct 20192961,39453.472.42$19,199
Sep 201921862655.052.66$13,664
Aug 20193641,68953.112.30$23,224
Jul 201928697756.272.46$18,497
Jun 20194281,47952.782.49$26,274
May 201914562858.482.74$10,201
Apr 20192851,09862.632.75$20,870
Mar 20193731,26256.803.06$25,051
Feb 201952493150.852.79$29,245
Jan 201915333846.033.23$8,134
Dec 201822774246.594.19$13,682
Nov 201823470452.934.24$15,369
Oct 20183881,34261.443.40$28,399
Sep 201815388559.543.11$11,860
Aug 20183751,38959.403.07$26,534
Jul 20183061,21665.142.93$23,498
Jun 20183691,17860.183.08$25,831
May 20182891,33565.382.90$22,767
Apr 20184531,32063.842.90$32,749
Mar 20182971,26161.222.79$21,697
Feb 201822352361.782.77$15,224
Jan 201815149562.874.01$11,478
Dec 20173831,30957.272.92$25,759
Nov 201722684155.423.12$15,147
Oct 20173001,32249.292.98$18,731
Sep 20173721,34447.523.09$21,827
Aug 20173711,40545.373.00$21,053
Jul 20172171,19543.873.09$13,209
Jun 20171791,20042.493.09$11,310
May 20171761,19845.373.26$11,895
Apr 20172211,18947.933.21$14,411
Mar 20172221,22346.772.98$14,032
Feb 20172261,13150.452.95$14,741
Jan 20172261,13149.413.42$15,033
Dec 20162241,23548.763.72$15,520
Nov 20162241,07942.492.64$12,371
Oct 201613488846.193.09$8,934
Sep 20162201,16041.553.10$12,738
Aug 20162201,25441.442.92$12,784
Jul 20162191,32941.622.92$13,001
Jun 20168962245.352.69$5,707
May 20162181,27142.521.99$11,800
Apr 20162211,19136.561.99$10,451
Mar 20161761,10133.011.79$7,785
Feb 20161761,14326.472.06$7,017
Jan 20162221,07127.352.36$8,604
Dec 20152231,18332.362.00$9,584
Nov 20153081,25038.792.17$14,656
Oct 201517564843.552.43$9,194
Sep 20151301,06142.992.76$8,515
Aug 20152212,99540.162.87$17,478
Jul 20151782,81448.152.95$16,858
Jun 20152252,62456.152.88$20,198
May 20151762,38855.212.96$16,775
Apr 20152302,73649.822.71$18,864
Mar 20151782,95342.892.93$16,301
Feb 20152723,03544.662.98$21,180
Jan 20151842,06643.433.10$14,397
Dec 20141842,34054.693.59$18,467
Nov 20142752,64370.464.25$30,614
Oct 20142322,64378.303.90$28,476
Sep 201425938286.164.05$23,861
Aug 20142308689.394.04$20,907
Jul 20141815596.564.18$17,707
Jun 201419474198.164.74$22,553
May 201423253594.734.73$24,506
Apr 201418531195.944.81$19,245
Mar 201415457295.895.06$17,660
Feb 201416252397.406.19$19,017
Jan 201419462390.404.86$20,566
Dec 201320160891.824.35$21,103
Nov 201324169088.853.74$23,992
Oct 201315872997.423.78$18,148
Sep 2013165277104.113.72$18,208
Aug 201377618104.253.52$10,204
Jul 2013193696102.523.72$22,374
Jun 201319165294.403.93$20,595
May 201315671394.834.15$17,752
Apr 201319568993.964.28$21,273
Mar 201331475893.623.91$32,363
Feb 201315865191.233.42$16,641
Jan 201327483191.603.42$27,940
Dec 201230880186.773.42$29,465
Nov 201231085186.953.62$30,039
Oct 201231083089.383.40$30,530
Sep 201233699194.672.92$34,701
Aug 20125491,14592.662.91$54,200
Jul 201230190585.133.02$28,358
Jun 201219591279.822.52$17,862
May 2012083191.612.49$2,068
Apr 2012537908101.652.00$56,399
Mar 20122171,239105.052.22$25,549
Feb 2012114985101.102.57$14,057
Jan 20124961,20498.092.73$51,944
Dec 20113421,18696.873.24$36,972
Nov 20118702,66295.723.31$92,091
Oct 20118912,40884.983.65$84,503
Sep 20111,2272,89683.623.99$114,145
Aug 20118812,92083.404.15$85,591
Jul 20117133,01994.144.52$80,759
Jun 20111,4482,75392.904.64$147,293
May 20115342,88898.134.40$65,123
Apr 20111761,367105.964.33$24,573
Mar 20117082,89496.364.06$79,965
Feb 20111,0719,55685.644.18$131,664
Jan 20117142,80086.504.59$74,610
Dec 20108912,64285.734.35$87,872
Nov 20107082,69780.843.80$67,471
Oct 20108852,68478.103.51$78,536
Sep 20108832,75172.633.98$75,080
Aug 20108822,73473.684.42$77,068
Jul 20107162,14672.554.74$62,110
Jun 20108712,50570.364.91$73,584
May 20101,0462,66771.124.24$85,687
Apr 20108822,50281.694.12$82,366
Mar 20108822,67678.394.39$80,884
Feb 20101,0592,63473.585.44$92,256
Jan 20108972,59374.365.96$82,166
Dec 20091,2412,84171.445.48$104,236
Nov 20098942,98774.593.75$77,889
Oct 20095402,08072.544.11$47,721
Sep 20091,0532,20165.543.06$75,759
Aug 20098612,42167.423.22$65,841
Jul 20098832,39461.133.46$62,272
Jun 20098932,51566.163.90$68,877
May 20098741,99754.743.93$55,682
Apr 20091,0502,94446.773.59$59,670
Mar 20097042,40542.144.06$39,428
Feb 20097312,26632.814.63$34,482
Jan 20099092,89835.865.37$48,162
Dec 20087172,34437.105.98$40,611
Nov 20081,0883,18055.496.86$82,189
Oct 20081,0963,40375.246.92$106,019
Sep 20087162,597101.767.88$93,317
Aug 20081,0573,286114.228.48$148,606
Jul 20081,2663,492131.0811.39$205,719
Jun 20087263,248131.3313.03$137,676
May 20087103,677123.1711.57$130,009
Apr 20087153,567110.3110.45$116,164
Mar 20088952,914101.909.66$119,362
Feb 20087273,29792.538.77$96,186
Jan 20081,2763,52090.388.21$144,209
Dec 20071,0933,43388.337.30$121,612
Nov 20079123,54391.677.29$109,438
Oct 20071,2763,92382.856.92$132,872
Sep 20071,4583,38275.846.24$131,692
Aug 20077223,16969.066.39$70,105
Jul 20078933,20970.906.39$83,813
Jun 20079093,10462.007.55$79,788
May 20071,4583,28558.747.85$111,418
Apr 20075482,52659.617.81$52,382
Mar 20071,0823,17056.927.30$84,735
Feb 20077012,80255.108.22$61,646
Jan 20071,0063,07850.306.73$71,307
Dec 20061,2123,03756.656.92$89,671
Nov 20066331,91254.207.62$48,873
Oct 20069633,01854.906.01$71,018
Sep 20061,0133,11160.085.04$76,532
Aug 20069653,20468.717.34$89,822
Jul 20061,0043,27769.376.34$90,433
Jun 20066361,43066.286.38$51,283
May 20061,0281,93666.016.42$80,297
Apr 20066853,23664.397.36$67,926
Mar 20069593,34056.707.08$78,032
Feb 20061,0673,15557.597.75$85,903
Jan 20061,0653,86660.598.93$99,065
Dec 20051,1263,46754.9413.42$108,374
Nov 20051,4053,92954.6910.59$118,441
Oct 20051,3914,15758.3413.80$138,500
Sep 20051,2773,01861.4512.08$114,926
Aug 20051,2674,19161.519.80$118,992
Jul 20051,8794,10855.697.84$136,863
Jun 20051,9684,26752.337.38$134,480
May 20051,1324,21145.226.65$79,197
Apr 20055662,02949.207.36$42,782
Mar 20058572,18850.377.15$58,822
Feb 20056992,09045.226.31$44,801
Jan 20054861,97143.166.32$33,437
Dec 20045772,37839.866.75$39,053
Nov 20043112,26845.286.33$28,439
Oct 20044232,49649.706.52$37,285
Sep 20046022,46943.245.28$39,076
Aug 20044772,53642.375.55$34,287
Jul 20045462,78438.286.08$37,839
Jun 20046142,75136.106.43$39,863
May 20045472,45837.486.49$36,465
Apr 20042101,89634.475.86$18,346
Mar 20041,0833,71334.365.53$57,745
Feb 20041,2253,92532.455.51$61,377
Jan 20041,1444,75232.036.30$66,578
Dec 20031,2364,61030.266.30$66,452
Nov 20031,2274,49328.804.60$55,984
Oct 20031,2914,34228.174.76$57,034
Sep 20031,4804,67226.314.75$61,128
Aug 20031,0233,82729.765.13$50,076
Jul 20031,1463,87529.415.17$53,741
Jun 20031,2975,03128.565.98$67,143
May 20031,1854,79426.595.97$60,142
Apr 20031,1464,54126.675.41$55,118
Mar 20031,1544,69331.146.10$64,544
Feb 20036023,87933.487.93$50,899
Jan 20037954,44330.315.58$48,897
Dec 20027494,53926.914.85$42,187
Nov 20027844,53924.664.14$38,111
Oct 20023985,36026.464.23$33,199
Sep 20024912,88027.443.64$23,942
Aug 20024101,73925.963.16$16,146
Jul 20023852,50924.583.06$17,145
Jun 20023812,34723.733.34$16,876
May 20028472,73524.663.58$30,689
Apr 20024392,54723.653.51$19,328
Mar 20024422,84022.003.10$18,536
Feb 20025974,42718.222.38$21,394
Jan 20024145,20617.172.38$19,476
Dec 20013524,45716.932.36$16,497
Nov 20013695,12018.072.41$18,984
Oct 20013018,53019.782.53$27,525
Sep 20013217,19924.262.25$23,995
Aug 20014693,46524.873.05$22,243
Jul 20012432,49423.933.20$13,789
Jun 20015673,14224.563.82$25,941
May 20015993,85525.524.31$31,891
Apr 20015863,75824.685.34$34,513
Mar 20017414,14924.545.38$40,491
Feb 20016073,60027.755.77$37,606
Jan 20016723,52927.478.40$48,099
Dec 20005363,45026.889.12$45,880
Nov 20007463,80732.215.66$45,569
Oct 20006624,19931.235.15$42,280
Sep 20005614,01931.875.19$38,724
Aug 20006914,45829.644.54$40,724
Jul 20005614,77328.534.09$35,526
Jun 20005834,68329.304.40$37,674
May 20004283,53527.263.68$24,675
Apr 20005484,19124.513.12$26,491
Mar 20004593,92828.422.86$24,278
Feb 20006174,31927.622.73$28,817
Jan 20005764,61325.272.48$25,998
Dec 19995994,83924.282.42$26,272
Nov 19996274,87723.192.43$26,411
Oct 19995175,04720.982.80$24,997
Sep 19995214,63021.752.62$23,457
Aug 19999245,14619.262.88$32,594
Jul 19992385,13317.892.37$16,435
Jun 19995765,04915.942.36$21,108
May 19995985,42515.792.32$22,034
Apr 19996775,24415.102.21$21,802
Mar 19996225,37012.471.84$17,628
Feb 19996474,9469.981.82$15,448
Jan 19996574,87110.381.90$16,074
Dec 19984524,7389.201.77$12,560
Nov 19985895,12810.892.19$17,623
Oct 19984824,24212.421.97$14,340
Sep 19986495,37312.592.08$19,361
Aug 19985755,10711.301.91$16,238
Jul 19984683,97111.742.24$14,379
Jun 19985394,78711.242.24$16,768
May 19984834,88312.622.21$16,869
Apr 19985764,87013.042.51$19,712
Mar 19986014,98912.802.31$19,215
Feb 19985194,73313.952.30$18,122
Jan 19985775,45514.702.15$20,236
Dec 19976955,54016.322.41$24,700
Nov 19976005,44218.193.09$27,720
Oct 19976264,92419.253.15$27,560
Sep 19976235,82617.742.95$28,267
Aug 19978085,53317.862.55$28,566
Jul 19974865,00917.582.25$19,799
Jun 19974845,17017.242.26$20,014
May 19977295,49418.972.31$26,512
Apr 19976976,08017.882.08$25,126
Mar 19978216,06018.951.94$27,309
Feb 19977595,63520.492.21$27,982
Jan 19975515,46123.483.54$32,268
Dec 19966134,06523.32$14,295
Nov 19965804,96121.97$12,743
Oct 19966315,20523.31$14,709
Sep 19968775,85422.22$19,487
Aug 19969355,70020.26$18,943
Jul 19966195,22619.55$12,101
Jun 19966344,24918.73$11,875
May 19969973,87019.43$19,372
Apr 19965014,40221.51$10,777
Mar 19967026,22119.38$13,605
Feb 19968285,90016.98$14,059
Jan 19969996,86817.07$17,053
Dec 19958947,27717.19$15,368
Nov 19951,0017,94716.00$16,016
Oct 19951,0197,53915.43$15,723
Sep 19951,53610,30816.18$24,852
Aug 19951,50211,17915.92$23,912
Jul 19951,88811,81815.24$28,773
Jun 19951,2848,70216.41$21,070
May 19951,56910,50817.56$27,552
Apr 19951,3808,68017.73$24,467
Mar 19951,4599,69716.44$23,986
Feb 19951,71910,76616.58$28,501
Jan 19952,08112,28815.92$33,130
Dec 19941,56111,53815.03$23,462
Nov 19941,65910,12915.90$26,378
Oct 19941,46110,14215.58$22,762
Sep 19941,66110,80715.29$25,397
Aug 19941,83713,58216.13$29,631
Jul 19941,64711,82217.56$28,921
Jun 19942,86813,58917.09$49,014
May 19948337,79415.88$13,228
Apr 19941,51310,75914.14$21,394
Mar 19941,63110,38912.46$20,322
Feb 19941,14411,24712.50$14,300
Jan 19941,71712,86512.66$21,737
Dec 19931,76512,49612.33$21,762
Nov 19931,62410,16314.49$23,532
Oct 19931,42211,20615.85$22,539
Sep 19931,57511,63315.03$23,672
Aug 19931,51611,83915.66$23,741
Jul 19931,79813,58915.46$27,797
Jun 19931,73313,54416.79$29,097
May 19931,79213,87117.68$31,683
Apr 19931,82012,54718.05$32,851
Mar 19931,86212,63318.14$33,777
Feb 19932,21514,69317.90$39,649
Jan 19931,86216,78316.93$31,524

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.

Jun 2024 — as filed, then multipliedworked
Oil                    0 bbl  × $ 78.08 =         $0
Casinghead gas       577 Mcf  × $  2.63 =     $1,520

────────────────────────────────────────────────────
Month total                                   $1,520

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/27983 is the state's own key, not one this site invented.