STATE UNIVERSITY FA

Operated by SMITH BROTHERS OIL & GAS, INC. (P-5 790179) in the LACAFF (DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29120District 08Field 51152500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$296 k
Jan 1993 – Jan 2001
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
97
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 226 wells, and the rule below applies to all of them.

Discovered
1969-12-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 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.

The Commission's schedule remark for this field reads: OPTIONAL 80 ACRES DIAG. 3250

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
OilDisposition16,695 bbl$294,508
Casinghead gasProduction1,492 Mcf$1,483
Total$295,991

892 Mcf of this lease's gas, across 45 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 32.4428, -102.1995. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.44281, -102.19954 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
10,020 ft
2 wells filed one
Completion to plug
16.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,010 and 10,030 ft, median 10,020 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1983 – Jul 1984
2 of 2 wells
Plug dates filed
Oct 2000
2 of 2 wells

Last completion to plug: a median of 16.9 years across the 2 wells that filed both dates, with the middle half between 16.6 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-31732922210,010 ftJul 1984Oct 2000Yes
42-31732564110,030 ftMar 1983Oct 2000Yes

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 (97)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

97 months

Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200061031.875.19$1,944
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20001541029.304.40$4,556
May 20001821027.263.68$4,998
Apr 20003671024.513.12$9,026
Mar 200001028.422.86$29
Feb 20001811027.622.73$5,026
Jan 20001841025.272.48$4,674
Dec 19993691024.282.42$8,984
Nov 199901023.192.43$24
Oct 19991771020.982.80$3,742
Sep 19992801021.752.62$6,116
Aug 19991741019.262.88$3,380
Jul 19991731017.892.37$3,119
Jun 19991771015.942.36$2,845
May 19991751015.792.32$2,786
Apr 19991721015.102.21$2,619
Mar 19991691012.471.84$2,126
Feb 1999325109.981.82$3,262
Jan 19991771010.381.90$1,856
Dec 1998171109.201.77$1,591
Nov 19981741010.892.19$1,917
Oct 19981741012.421.97$2,181
Sep 199801012.592.08$21
Aug 19981711011.301.91$1,951
Jul 199801011.742.24$22
Jun 199802011.242.24$45
May 19983412012.622.21$4,348
Apr 19981832013.042.51$2,436
Mar 199802012.802.31$46
Feb 19981872013.952.30$2,655
Jan 19981852014.702.15$2,763
Dec 19971832016.322.41$3,035
Nov 19971862018.193.09$3,445
Oct 19971802019.253.15$3,528
Sep 19971832017.742.95$3,306
Aug 19971832017.862.55$3,319
Jul 19971762017.582.25$3,139
Jun 19971832017.242.26$3,200
May 19971852018.972.31$3,556
Apr 19971802017.882.08$3,260
Mar 19973452018.951.94$6,577
Feb 19971812020.492.21$3,753
Jan 19971822023.483.54$4,344
Dec 19961842023.32$4,291
Nov 19961862021.97$4,086
Oct 19961882023.31$4,382
Sep 19962172022.22$4,822
Aug 19963692020.26$7,476
Jul 19961842019.55$3,597
Jun 19961842018.73$3,446
May 19961832019.43$3,556
Apr 19963672021.51$7,894
Mar 19961822019.38$3,527
Feb 19963702016.98$6,283
Jan 19961842017.07$3,141
Dec 19951832017.19$3,146
Nov 19953382016.00$5,408
Oct 19951852015.43$2,855
Sep 19951842016.18$2,977
Aug 19953342015.92$5,317
Jul 19953671215.24$5,593
Jun 19955521216.41$9,058
May 1995371417.56$6,515
Apr 1995366417.73$6,489
Mar 1995179416.44$2,943
Feb 1995180416.58$2,984
Jan 19950415.92$0
Dec 1994181415.03$2,720
Nov 1994363015.90$5,772
Oct 19940015.58$0
Sep 19940015.29$0
Aug 1994176116.13$2,839
Jul 1994183117.56$3,213
Jun 1994182117.09$3,110
May 1994183115.88$2,906
Apr 19940114.14$0
Mar 19941623012.46$2,019
Feb 19940112.50$0
Jan 19941823012.66$2,304
Dec 19931883012.33$2,318
Nov 19931843014.49$2,666
Oct 199303015.85$0
Sep 19931833015.03$2,750
Aug 19931823815.66$2,850
Jul 19931743815.46$2,690
Jun 199303816.79$0
May 19931753817.68$3,094
Apr 19931844018.05$3,321
Mar 19931854218.14$3,356
Feb 199304217.90$0
Jan 19931614216.93$2,726

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.

Sep 2000 — as filed, then multipliedworked
Oil                   61 bbl  × $ 31.87 =     $1,944
Casinghead gas         0 Mcf  × $  5.19 =         $0

────────────────────────────────────────────────────
Month total                                   $1,944

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/29120 is the state's own key, not one this site invented.