UNIVERSITY (S) "8"

Operated by OLSEN ENERGY INC. (P-5 621750) in the FULLERTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28410District 08Field 33230001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$56 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 165 leases and 2,135 wells, and the rule below applies to all of them.

Discovered
1941-12-23
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2010-06-09.

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: BLANCO-FULLERTON D WELLS 13 D, 15D, 16D & 17D. 08/3/21

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
OilDisposition29,544 bbl$1,734,666
Casinghead gasProduction21,556 Mcf$108,382
Total$1,843,047

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 32.3757, -102.7682. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.37569, -102.76825 · 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
0.0%
0 of 2 wells
Median depth
7,266 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
150.0%
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.
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 7,250 and 7,282 ft, median 7,266 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1983 – May 1984
2 of 2 wells

2 wells

42-0033359647,282 ftMay 1984
42-0033359467,250 ftNov 1983Yes

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 2026420106.413.05$4,469
Apr 202653098.932.87$5,243
Mar 202640089.753.15$3,590
Feb 2026981363.503.75$6,272
Jan 2026792259.138.00$4,847
Dec 2025503256.664.41$2,974
Nov 2025784858.593.93$4,758
Oct 2025533859.383.30$3,273
Sep 2025745262.743.08$4,803
Aug 202574063.933.01$4,731
Jul 2025785766.743.32$5,395
Jun 2025805166.483.13$5,478
May 2025253560.553.23$1,627
Apr 2025493562.363.54$3,180
Mar 2025774167.704.27$5,388
Feb 20251003670.884.34$7,244
Jan 2025464274.324.28$3,598
Dec 2024275668.993.12$2,038
Nov 2024835469.052.20$5,850
Oct 20241036271.372.28$7,493
Sep 2024695169.612.36$4,924
Aug 202478075.632.06$5,899
Jul 2024523379.932.15$4,227
Jun 2024956778.082.63$7,594
May 2024966578.812.20$7,709
Apr 2024937184.451.66$7,972
Mar 2024786180.301.55$6,358
Feb 20241034776.091.78$7,921
Jan 20241036373.023.30$7,729
Dec 2023706771.262.61$5,163
Nov 20231074477.892.81$8,458
Oct 2023674085.443.09$5,848
Sep 2023483889.042.74$4,378
Aug 2023771180.522.67$6,229
Jul 202384074.852.64$6,287
Jun 2023822868.962.26$5,718
May 2023872670.622.23$6,202
Apr 2023724478.122.24$5,723
Mar 2023644372.852.39$4,765
Feb 2023573675.112.47$4,370
Jan 2023375376.533.39$3,011
Dec 2022914076.415.73$7,182
Nov 2022581585.005.65$5,015
Oct 2022392887.185.86$3,564
Sep 2022342084.888.16$3,049
Aug 2022864694.529.13$8,549
Jul 20227954101.587.54$8,432
Jun 20228145115.097.98$9,681
May 20225954109.378.43$6,908
Apr 20229237104.226.84$9,841
Mar 20229422108.885.08$10,346
Feb 2022621791.054.86$5,728
Jan 2022693581.844.54$5,806
Dec 2021743371.323.90$5,406
Nov 2021783777.435.24$6,233
Oct 2021871479.795.71$7,022
Sep 202169069.865.35$4,820
Aug 2021593266.024.22$4,030
Jul 202188570.783.98$6,249
Jun 2021681569.493.38$4,776
May 202172363.483.02$4,580
Apr 202171460.362.76$4,297
Mar 20211194761.302.72$7,422
Feb 2021981457.805.55$5,742
Jan 20211031250.412.81$5,226
Dec 20201544644.642.68$6,998
Nov 202041038.772.71$1,590
Oct 20201292136.972.48$4,821
Sep 2020461737.091.99$1,740
Aug 2020461039.982.39$1,863
Jul 202043838.371.83$1,665
Jun 2020431134.901.69$1,519
May 2020452316.921.81$803
Apr 2020633014.751.80$983
Mar 20201204630.341.86$3,726
Feb 2020841549.881.98$4,220
Jan 20201736357.252.09$10,036
Dec 2019984059.012.30$5,875
Nov 2019132055.302.75$7,300
Oct 20191081953.472.42$5,821
Sep 2019986555.052.66$5,568
Aug 20191109353.112.30$6,056
Jul 201913312556.272.46$7,791
Jun 20191329452.782.49$7,201
May 20191048658.482.74$6,318
Apr 20191327462.632.75$8,471
Mar 20191067656.803.06$6,254
Feb 2019977150.852.79$5,131
Jan 20191025246.033.23$4,863
Dec 20181004446.594.19$4,843
Nov 20181756552.934.24$9,538
Oct 20181456961.443.40$9,143
Sep 20181578559.543.11$9,612
Aug 201818810259.403.07$11,480
Jul 20181658865.142.93$11,006
Jun 20181069360.183.08$6,665
May 20181759865.382.90$11,726
Apr 20181367963.842.90$8,911
Mar 20181746161.222.79$10,822
Feb 20181746661.782.77$10,932
Jan 20181107062.874.01$7,196
Dec 20171558157.272.92$9,113
Nov 20171879755.423.12$10,666
Oct 201711410949.292.98$5,944
Sep 201724711047.523.09$12,077
Aug 201715110345.373.00$7,160
Jul 201717710643.873.09$8,092
Jun 2017727542.493.09$3,291
May 20171057845.373.26$5,018
Apr 20171769247.933.21$8,731
Mar 20171429046.772.98$6,910
Feb 20171457050.452.95$7,522
Jan 20171148849.413.42$5,934
Dec 201614410548.763.72$7,412
Nov 201625421742.492.64$11,366
Oct 20161116346.193.09$5,322
Sep 2016698041.553.10$3,115
Aug 201617712941.442.92$7,712
Jul 201610013941.622.92$4,568
Jun 201611910445.352.69$5,676
May 20161288442.521.99$5,610
Apr 201622710936.561.99$8,516
Mar 201618812733.011.79$6,434
Feb 20165212526.472.06$1,634
Jan 201604727.352.36$111
Dec 2015334032.362.00$1,148
Nov 2015546638.792.17$2,238
Oct 2015586043.552.43$2,671
Sep 2015667942.992.76$3,055
Aug 2015648240.162.87$2,806
Jul 2015307648.152.95$1,668
Jun 2015655356.152.88$3,803
May 2015486855.212.96$2,851
Apr 2015546949.822.71$2,877
Mar 2015604142.892.93$2,694
Feb 2015402944.662.98$1,873
Jan 201551243.433.10$2,221
Dec 201411454.693.59$616
Nov 201451070.464.25$3,593
Oct 201440278.303.90$3,140
Sep 201423186.164.05$1,986
Aug 201446289.394.04$4,120
Jul 201454496.564.18$5,231
Jun 2014591198.164.74$5,844
May 2014761194.734.73$7,251
Apr 201446695.944.81$4,442
Mar 2014406195.895.06$4,144
Feb 2014458697.406.19$4,916
Jan 201432090.404.86$2,893
Dec 2013447591.824.35$4,367
Nov 2013438888.853.74$4,150
Oct 2013309597.423.78$3,282
Sep 20134194104.113.72$4,618
Aug 2013104119104.253.52$11,261
Jul 20133070102.523.72$3,336
Jun 20131684794.403.93$16,044
May 2013836894.834.15$8,153
Apr 20131777593.964.28$16,952
Mar 20131132693.623.91$10,681
Feb 20131182291.233.42$10,840
Jan 2013392391.603.42$3,651
Dec 20121374586.773.42$12,041
Nov 2012923386.953.62$8,119
Oct 20121334289.383.40$12,030
Sep 2012105894.672.92$1,116
Aug 2012445292.662.91$4,228
Jul 2012256185.133.02$2,313
Jun 201242879.822.52$3,373
May 2012852991.612.49$7,859
Apr 20122945101.652.00$3,038
Mar 20123544105.052.22$3,775
Feb 20122949101.102.57$3,058
Jan 2012424298.092.73$4,235
Dec 2011341896.873.24$3,352
Nov 2011363895.723.31$3,572
Oct 201103484.983.65$124
Sep 2011451983.623.99$3,839
Aug 201101983.404.15$79
Jul 2011499294.144.52$5,028
Jun 2011549992.904.64$5,476
May 2011598298.134.40$6,151
Apr 2011083105.964.33$360
Mar 20111466796.364.06$14,340
Feb 201108585.644.18$355
Jan 20118310686.504.59$7,666
Dec 20108110985.734.35$7,418
Nov 20108312080.843.80$7,165
Oct 201016012578.103.51$12,935
Sep 2010769472.633.98$5,894
Aug 201010810673.684.42$8,426
Jul 20101112672.554.74$1,395
Jun 20106017370.364.91$5,071
May 201011716671.124.24$9,024
Apr 201004681.694.12$190
Mar 20101813978.394.39$14,360
Feb 2010606373.585.44$4,758
Jan 20101138174.365.96$8,886
Dec 2009777271.445.48$5,896
Nov 2009795174.593.75$6,084
Oct 2009781572.544.11$5,720
Sep 20092203065.543.06$14,511
Aug 20091432067.423.22$9,705
Jul 20091441661.133.46$8,858
Jun 20091483566.163.90$9,928
May 20091523954.743.93$8,474
Apr 20092234546.773.59$10,591
Mar 2009675742.144.06$3,055
Feb 20092087132.814.63$7,153
Jan 20091286335.865.37$4,928
Dec 2008447037.105.98$2,051
Nov 2008237855.496.86$1,811
Oct 2008196675.246.92$1,886
Sep 20085840101.767.88$6,217
Aug 200811590114.228.48$13,899
Jul 200811794131.0811.39$16,407
Jun 20085888131.3313.03$8,764
May 20085676123.1711.57$7,777
Apr 200811977110.3110.45$13,932
Mar 200812476101.909.66$13,370
Feb 20081186792.538.77$11,506
Jan 20081586590.388.21$14,813
Dec 20072109688.337.30$19,250
Nov 200714311991.677.29$13,977
Oct 20071459382.856.92$12,657
Sep 20076814575.846.24$6,063
Aug 20075814369.066.39$4,919
Jul 20075816470.906.39$5,160
Jun 20075511862.007.55$4,301
May 200714313458.747.85$9,451
Apr 200714811659.617.81$9,728
Mar 200715115456.927.30$9,719
Feb 200714513455.108.22$9,090
Jan 200713711150.306.73$7,638
Dec 20061774656.656.92$10,345
Nov 200657054.207.62$3,089
Oct 200658054.906.01$3,184
Sep 20061611960.085.04$1,561
Aug 20065717168.717.34$5,172
Jul 200611217669.376.34$8,886
Jun 200612420066.286.38$9,496
May 200612320066.016.42$9,404
Apr 200611817464.397.36$8,879
Mar 200612213156.707.08$7,845
Feb 200612114557.597.75$8,092
Jan 200612215260.598.93$8,750
Dec 200512013954.9413.42$8,458
Nov 200511812854.6910.59$7,809
Oct 20056115258.3413.80$5,656
Sep 200512313261.4512.08$9,153
Aug 200517713961.519.80$12,249
Jul 20051147355.697.84$6,921
Jun 200511916452.337.38$7,438
May 200517518345.226.65$9,131
Apr 200512010749.207.36$6,692
Mar 200517612150.377.15$9,731
Feb 200512213845.226.31$6,388
Jan 200517915943.166.32$8,731
Dec 200411313239.866.75$5,395
Nov 200411814945.286.33$6,286
Oct 200418321249.706.52$10,476
Sep 200412416143.245.28$6,212
Aug 200412323842.375.55$6,533
Jul 200418128238.286.08$8,644
Jun 200424618936.106.43$10,096
May 200418418637.486.49$8,104
Apr 200418016334.475.86$7,160
Mar 200412310234.365.53$4,790
Feb 20041857832.455.51$6,433
Jan 20041836932.036.30$6,296
Dec 200312411530.266.30$4,477
Nov 200311510528.804.60$3,794
Oct 200324717128.174.76$7,772
Sep 200318412726.314.75$5,444
Aug 200311812829.765.13$4,168
Jul 200323615229.415.17$7,727
Jun 200318816828.565.98$6,374
May 200318515326.595.97$5,833
Apr 200312410226.675.41$3,859
Mar 20031249531.146.10$4,440
Feb 200317610433.487.93$6,717
Jan 200322711630.315.58$7,528
Dec 20021698626.914.85$4,965
Nov 200201624.664.14$66
Oct 200224514226.464.23$7,083
Sep 200243526627.443.64$12,903
Aug 200231232825.963.16$9,137
Jul 200238217024.583.06$9,910
Jun 20022956923.733.34$7,231
May 200211612824.663.58$3,319
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

May 2026 — as filed, then multipliedworked
Oil                   42 bbl  × $106.41 =     $4,469
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $4,469

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/28410 is the state's own key, not one this site invented.