ATLANTIC UNIVERSITY

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 28352District 08Field 09358450Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$102 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.

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
OilDisposition29,832 bbl$1,488,913
Casinghead gasProduction835,149 Mcf$2,488,318
Total$3,977,232

202,284 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 31.4449, -102.4167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.44491, -102.41665 · 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%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
9,190 ft
2 wells filed one
Completion to plug
23.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 9,010 and 9,370 ft, median 9,190 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1967 – Feb 1991
2 of 2 wells
Plug dates filed
Nov 1990
1 of 2 wells; 1 filed none

Last completion to plug: a median of 23.2 years across the 1 well that filed both dates, with the middle half between 23.2 years and 23.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1031111529,010 ftFeb 1991
42-1031107519,370 ftSep 1967Nov 1990Yes

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 202648623106.413.05$7,005
Apr 20266968998.932.87$8,803
Mar 20266881389.753.15$8,663
Feb 20265573863.503.75$6,260
Jan 20265878059.138.00$9,668
Dec 20256164756.664.41$6,312
Nov 20257461058.593.93$6,731
Oct 20259661859.383.30$7,743
Sep 202511863662.743.08$9,360
Aug 202512286663.933.01$10,410
Jul 202510883266.743.32$9,966
Jun 202512975766.483.13$10,944
May 202510870660.553.23$8,821
Apr 202515977562.363.54$12,661
Mar 202512789867.704.27$12,431
Feb 202510283670.884.34$10,859
Jan 202513387174.324.28$13,611
Dec 202411380268.993.12$10,299
Nov 20249079969.052.20$7,971
Oct 20249895371.372.28$9,168
Sep 2024851,00269.612.36$8,286
Aug 2024881,09375.632.06$8,911
Jul 2024861,03379.932.15$9,091
Jun 20247174578.082.63$7,506
May 20247688478.812.20$7,933
Apr 20249494784.451.66$9,510
Mar 20247192880.301.55$7,135
Feb 20247877176.091.78$7,310
Jan 20247193273.023.30$8,258
Dec 2023701,04671.262.61$7,719
Nov 20236296177.892.81$7,527
Oct 20235898085.443.09$7,981
Sep 2023511,09689.042.74$7,539
Aug 2023671,09880.522.67$8,330
Jul 2023491,07374.852.64$6,502
Jun 2023411,17468.962.26$5,479
May 2023591,26770.622.23$6,989
Apr 2023701,00978.122.24$7,726
Mar 20237083472.852.39$7,095
Feb 20237881375.112.47$7,863
Jan 20239185876.533.39$9,871
Dec 20227292776.415.73$10,812
Nov 20229689185.005.65$13,191
Oct 20229393287.185.86$13,573
Sep 20229292684.888.16$15,369
Aug 20229093094.529.13$16,995
Jul 2022105956101.587.54$17,876
Jun 202280964115.097.98$16,897
May 20221001,157109.378.43$20,694
Apr 2022601,028104.226.84$13,282
Mar 2022661,069108.885.08$12,613
Feb 2022841,27191.054.86$13,824
Jan 2022861,33881.844.54$13,110
Dec 2021791,32771.323.90$10,808
Nov 2021981,42377.435.24$15,040
Oct 20211041,31479.795.71$15,806
Sep 2021971,40469.865.35$14,289
Aug 2021781,56966.024.22$11,772
Jul 20211261,75070.783.98$15,887
Jun 2021721,34669.493.38$9,554
May 2021801,42563.483.02$9,379
Apr 2021781,32860.362.76$8,371
Mar 2021881,41761.302.72$9,244
Feb 2021741,24257.805.55$11,168
Jan 20211101,69550.412.81$10,309
Dec 2020711,70744.642.68$7,736
Nov 2020501,72038.772.71$6,594
Oct 2020581,61336.972.48$6,142
Sep 2020851,38937.091.99$5,918
Aug 20201021,17939.982.39$6,890
Jul 2020911,18538.371.83$5,654
Jun 20201011,45134.901.69$5,978
May 2020921,65616.921.81$4,562
Apr 20201121,51014.751.80$4,377
Mar 20201011,56830.341.86$5,975
Feb 20201221,45849.881.98$8,973
Jan 20201301,59657.252.09$10,786
Dec 20191391,60859.012.30$11,908
Nov 20191091,58355.302.75$10,382
Oct 20191401,70153.472.42$11,600
Sep 2019781,46555.052.66$8,187
Aug 2019511,03553.112.30$5,094
Jul 201931056.272.46$1,744
Jun 2019631,52152.782.49$7,114
May 2019671,33458.482.74$7,574
Apr 2019771,35562.632.75$8,550
Mar 20191011,38356.803.06$9,972
Feb 2019991,30850.852.79$8,686
Jan 20191421,05746.033.23$9,948
Dec 201811696046.594.19$9,422
Nov 201811897252.934.24$10,364
Oct 201810794761.443.40$9,792
Sep 20185962659.543.11$5,458
Aug 20187571459.403.07$6,645
Jul 20181081,38265.142.93$11,087
Jun 2018761,29260.183.08$8,549
May 20181711,28665.382.90$14,910
Apr 20181581,16663.842.90$13,469
Mar 20182071,23261.222.79$16,106
Feb 201817694361.782.77$13,482
Jan 201818296162.874.01$15,295
Dec 20171941,28957.272.92$14,876
Nov 20172071,38355.423.12$15,785
Oct 20171941,54049.292.98$14,157
Sep 20171791,53547.523.09$13,245
Aug 20171991,44545.373.00$13,370
Jul 20177595843.873.09$6,248
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 201744449.413.42$348
Dec 20161112948.763.72$1,017
Nov 20162129542.492.64$1,672
Oct 20162437146.193.09$2,255
Sep 20163245741.553.10$2,747
Aug 20162743241.442.92$2,382
Jul 20164347141.622.92$3,167
Jun 2016691,26845.352.69$6,535
May 20162713742.521.99$1,421
Apr 20162514336.561.99$1,199
Mar 20162715733.011.79$1,173
Feb 20162814626.472.06$1,042
Jan 20163015427.352.36$1,185
Dec 2015117732.362.00$510
Nov 201578238.792.17$449
Oct 2015301,80343.552.43$5,682
Sep 2015311,76942.992.76$6,212
Aug 20153291740.162.87$3,919
Jul 2015291,11548.152.95$4,680
Jun 2015271,42556.152.88$5,624
May 2015261,44555.212.96$5,706
Apr 2015311,34949.822.71$5,196
Mar 2015291,40542.892.93$5,367
Feb 2015231,30744.662.98$4,917
Jan 2015651,37443.433.10$7,083
Dec 20141941,65554.693.59$16,554
Nov 2014301,60670.464.25$8,942
Oct 2014281,61278.303.90$8,481
Sep 20142869486.164.05$5,220
Aug 20143340689.394.04$4,588
Jul 20145241896.564.18$6,768
Jun 20145634798.164.74$7,141
May 20145940894.734.73$7,518
Apr 20145540195.944.81$7,205
Mar 20146442195.895.06$8,266
Feb 20146038797.406.19$8,240
Jan 201410442390.404.86$11,458
Dec 201315843091.824.35$16,380
Nov 201315242288.853.74$15,083
Oct 201315648597.423.78$17,031
Sep 2013153449104.113.72$17,598
Aug 201351456104.253.52$6,923
Jul 201330419102.523.72$4,633
Jun 20132843494.403.93$4,350
May 20133843994.834.15$5,425
Apr 20137742293.964.28$9,042
Mar 20138446693.623.91$9,687
Feb 20138041191.233.42$8,704
Jan 20134141691.603.42$5,178
Dec 20123140186.773.42$4,061
Nov 20123140786.953.62$4,171
Oct 20126450489.383.40$7,434
Sep 20126544794.672.92$7,458
Aug 20124941692.662.91$5,750
Jul 20127610185.133.02$6,775
Jun 2012299879.822.52$2,562
May 2012288091.612.49$2,764
Apr 20122168101.652.00$2,270
Mar 20122089105.052.22$2,299
Feb 20122076101.102.57$2,217
Jan 2012147898.092.73$1,587
Dec 2011478096.873.24$4,812
Nov 20114010095.723.31$4,160
Oct 20111411084.983.65$1,591
Sep 20114413283.623.99$4,205
Aug 20112212083.404.15$2,333
Jul 20111612894.144.52$2,084
Jun 20111912192.904.64$2,327
May 2011519198.134.40$5,405
Apr 2011471,128105.964.33$9,868
Mar 2011531,26896.364.06$10,252
Feb 20114910585.644.18$4,635
Jan 2011262086.504.59$2,341
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 20102224970.364.91$2,771
May 20106187071.124.24$8,023
Apr 20105183681.694.12$7,613
Mar 20105086578.394.39$7,716
Feb 20104770173.585.44$7,273
Jan 20107359674.365.96$8,983
Dec 200912268771.445.48$12,483
Nov 200914664974.593.75$13,325
Oct 20091401,37272.544.11$15,795
Sep 200911065865.543.06$9,226
Aug 20094681167.423.22$5,712
Jul 2009191,17661.133.46$5,236
Jun 2009975866.163.90$3,548
May 20091075854.743.93$3,523
Apr 20091239446.773.59$1,975
Mar 20091148542.144.06$2,432
Feb 20091728132.814.63$1,860
Jan 20094822435.865.37$2,924
Dec 200856037.105.98$2,078
Nov 200850055.496.86$2,775
Oct 200849075.246.92$3,687
Sep 2008380101.767.88$3,867
Aug 2008480114.228.48$5,483
Jul 2008470131.0811.39$6,161
Jun 2008510131.3313.03$6,698
May 20081030123.1711.57$12,687
Apr 2008146786110.3110.45$24,323
Mar 2008130787101.909.66$20,853
Feb 200811970492.538.77$17,186
Jan 200817045390.388.21$19,082
Dec 200717659088.337.30$19,854
Nov 200714475391.677.29$18,691
Oct 200718685382.856.92$21,315
Sep 200715466775.846.24$15,844
Aug 20071531,17669.066.39$18,078
Jul 200716381270.906.39$16,744
Jun 20071421,19262.007.55$17,802
May 20075654258.747.85$7,542
Apr 200714873159.617.81$14,528
Mar 200715065556.927.30$13,321
Feb 200714296855.108.22$15,777
Jan 200716740350.306.73$11,111
Dec 200615789756.656.92$15,100
Nov 200614491554.207.62$14,775
Oct 200616192054.906.01$14,372
Sep 20061742,54460.085.04$23,269
Aug 20062152568.717.34$5,296
Jul 20061069.376.34$69
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 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200501,02855.697.84$8,063
Jun 200501,39052.337.38$10,260
May 2005091545.226.65$6,086
Apr 2005094749.207.36$6,970
Mar 200501,23550.377.15$8,836
Feb 2005254,11845.226.31$27,123
Jan 2005264,70043.166.32$30,837
Dec 2004274,38539.866.75$30,680
Nov 2004264,34045.286.33$28,651
Oct 2004284,41249.706.52$30,136
Sep 2004234,98743.245.28$27,345
Aug 2004284,53942.375.55$26,381
Jul 2004282,95538.286.08$19,051
Jun 2004277,72136.106.43$50,644
May 2004258,83937.486.49$58,343
Apr 2004257,33334.475.86$43,822
Mar 2004263,48434.365.53$20,160
Feb 20041074,56232.455.51$28,607
Jan 2004637,19832.036.30$47,363
Dec 2003427,29430.266.30$47,235
Nov 2003407,36928.804.60$35,014
Oct 2003854,82728.174.76$25,369
Sep 2003506,86226.314.75$33,906
Aug 2003568,02229.765.13$42,817
Jul 2003508,22629.415.17$44,006
Jun 2003297,07528.565.98$43,158
May 200307,29726.595.97$43,583
Apr 200315,98126.675.41$32,368
Mar 2003205,10531.146.10$31,743
Feb 2003515,15733.487.93$42,581
Jan 2003565,77330.315.58$33,922
Dec 2002315,59326.914.85$27,981
Nov 2002326,45824.664.14$27,506
Oct 2002334,29126.464.23$19,020
Sep 2002564,51027.443.64$17,931
Aug 2002595,86925.963.16$20,102
Jul 2002367,20924.583.06$22,957
Jun 2002296,22123.733.34$21,455
May 2002586,36024.663.58$24,225
Apr 2002577,79523.653.51$28,727
Mar 2002487,76022.003.10$25,133
Feb 2002506,40618.222.38$16,130
Jan 2002336,15117.172.38$15,179
Dec 2001645,20116.932.36$13,381
Nov 2001614,18318.072.41$11,165
Oct 2001574,25919.782.53$11,898
Sep 2001366,49724.262.25$15,500
Aug 2001903,49224.873.05$12,900
Jul 2001983,44323.933.20$13,353
Jun 2001902,93924.563.82$13,450
May 2001573,08525.524.31$14,743
Apr 20011013,23924.685.34$19,774
Mar 20018285924.545.38$6,631
Feb 20017424627.755.77$3,472
Jan 2001791,72227.478.40$16,633
Dec 2000801,72226.889.12$17,859
Nov 2000271,33832.215.66$8,440
Oct 2000331,67131.235.15$9,629
Sep 2000492,60931.875.19$15,093
Aug 2000682,51029.644.54$13,413
Jul 2000722,74628.534.09$13,285
Jun 2000972,93929.304.40$15,766
May 2000692,59327.263.68$11,423
Apr 2000661,61924.513.12$6,662
Mar 2000701,56128.422.86$6,453
Feb 2000962,65327.622.73$9,885
Jan 20001092,64325.272.48$9,310
Dec 1999842,37624.282.42$7,798
Nov 1999951,16423.192.43$5,036
Oct 1999741,74720.982.80$6,451
Sep 1999401,84721.752.62$5,707
Aug 1999183,08619.262.88$9,221
Jul 1999584,23617.892.37$11,087
Jun 19991514,01215.942.36$11,884
May 19991905,77015.792.32$16,392
Apr 19991284,92215.102.21$12,801
Mar 19991376,40012.471.84$13,474
Feb 19992683,9029.981.82$9,768
Jan 19993525,04810.381.90$13,245
Dec 19983244,1689.201.77$10,372
Nov 19984054,56810.892.19$14,395
Oct 19981273,71012.421.97$8,883
Sep 1998603,71512.592.08$8,492
Aug 1998433,29911.301.91$6,778
Jul 1998284,11911.742.24$9,544
Jun 1998394,18711.242.24$9,806
May 1998464,48912.622.21$10,485
Apr 1998373,35013.042.51$8,875
Mar 1998574,01612.802.31$10,004
Feb 1998393,60713.952.30$8,837
Jan 1998474,16314.702.15$9,661
Dec 1997472,94116.322.41$7,858
Nov 1997292,70318.193.09$8,875
Oct 1997384,11419.253.15$13,690
Sep 1997224,92517.742.95$14,943
Aug 1997335,60617.862.55$14,911
Jul 1997125,03817.582.25$11,531
Jun 199775,22617.242.26$11,917
May 1997184,45818.972.31$10,633
Apr 1997353,24617.882.08$7,387
Mar 1997644,15918.951.94$9,278
Feb 1997623,35920.492.21$8,680
Jan 19971188,57623.483.54$33,127
Dec 1996845,30723.32$1,959
Nov 1996854,60321.97$1,867
Oct 19961104,72523.31$2,564
Sep 19961015,49622.22$2,244
Aug 1996895,70920.26$1,803
Jul 1996385,84819.55$743
Jun 1996613,72418.73$1,143
May 1996763,44519.43$1,477
Apr 1996732,67521.51$1,570
Mar 19961003,80319.38$1,938
Feb 1996741,78616.98$1,257
Jan 19961023,47317.07$1,741
Dec 19951143,62917.19$1,960
Nov 19951063,56316.00$1,696
Oct 1995866,57015.43$1,327
Sep 19951004,37616.18$1,618
Aug 1995664,14215.92$1,051
Jul 1995795,46815.24$1,204
Jun 1995794,97216.41$1,296
May 1995693,97417.56$1,212
Apr 1995943,77317.73$1,667
Mar 1995722,99616.44$1,184
Feb 1995853,36216.58$1,409
Jan 19951013,68915.92$1,608
Dec 19941074,75715.03$1,608
Nov 19941013,04515.90$1,606
Oct 199412166615.58$1,885
Sep 19941282,86715.29$1,957
Aug 19941011,16516.13$1,629
Jul 19941601,82517.56$2,810
Jun 19941123,39217.09$1,914
May 19941462,93715.88$2,318
Apr 19941604,17014.14$2,262
Mar 19941623,39912.46$2,019
Feb 19941383,17012.50$1,725
Jan 19941305,68712.66$1,646
Dec 19931546,11412.33$1,899
Nov 19931274,89914.49$1,840
Oct 19931245,60415.85$1,965
Sep 19931065,71115.03$1,593
Aug 19931046,18615.66$1,629
Jul 19931345,97915.46$2,072
Jun 19931045,18116.79$1,746
May 19931295,11217.68$2,281
Apr 19931274,69618.05$2,292
Mar 19931175,13018.14$2,122
Feb 19931344,77517.90$2,399
Jan 19931404,70916.93$2,370

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                   48 bbl  × $106.41 =     $5,108
Casinghead gas       623 Mcf  × $  3.05 =     $1,898

────────────────────────────────────────────────────
Month total                                   $7,005

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/28352 is the state's own key, not one this site invented.