UNIVERSITY -O-

Operated by FOREST OIL CORPORATION (P-5 275740) in the MARTIN (CLEAR FORK, LO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29144District 08Field 57774166Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$304 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 28 leases and 65 wells, and the rule below applies to all of them.

Discovered
1969-01-31
as the register files it
Field class
Oil and gas
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.

The Commission's schedule remark for this field reads: (CONSOLIDATED) FIELD

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
OilDisposition14,721 bbl$253,210
Casinghead gasProduction111,195 Mcf$50,879
Total$304,089

91,253 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 (3)

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 32.1506, -102.7513. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.15017, -102.75096 · 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%
3 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
6,600 ft
3 wells filed one
Completion to plug
5 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
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 6,500 and 8,192 ft, median 6,600 ft, over the 3 wells that filed a depth.

Completions filed
Aug 1997 – Mar 2005
3 of 3 wells
Plug dates filed
Jan 1998
1 of 3 wells; 2 filed none

Last completion to plug: a median of 5 months across the 1 well that filed both dates, with the middle half between 5 months and 5 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-0033395436,600 ftMar 2005Yes
42-0033023728,192 ftNov 2004Yes
42-0030463116,500 ftAug 1997Jan 1998Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
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 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
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 200012026.889.12$323
Nov 20008019832.215.66$3,697
Oct 200011925531.235.15$5,028
Sep 200012625131.875.19$5,317
Aug 200012424629.644.54$4,792
Jul 20008124128.534.09$3,297
Jun 20007724229.304.40$3,320
May 20008920127.263.68$3,166
Apr 200010325724.513.12$3,325
Mar 20007924128.422.86$2,934
Feb 20008925627.622.73$3,156
Jan 200011027325.272.48$3,457
Dec 199910427324.282.42$3,187
Nov 199912029823.192.43$3,508
Oct 199915531620.982.80$4,138
Sep 199916832321.752.62$4,500
Aug 199916926619.262.88$4,020
Jul 199915226917.892.37$3,357
Jun 199914830215.942.36$3,072
May 199910231515.792.32$2,342
Apr 199910150115.102.21$2,631
Mar 199913348512.471.84$2,550
Feb 19991394479.981.82$2,200
Jan 199912047810.381.90$2,154
Dec 19981045209.201.77$1,879
Nov 199811150910.892.19$2,321
Oct 199816458312.421.97$3,185
Sep 199811957512.592.08$2,696
Aug 19988243611.301.91$1,758
Jul 199814065111.742.24$3,100
Jun 199814061511.242.24$2,950
May 199810055912.622.21$2,495
Apr 19987052213.042.51$2,221
Mar 199810464212.802.31$2,814
Feb 19987863013.952.30$2,537
Jan 19987670314.702.15$2,632
Dec 19978972616.322.41$3,203
Nov 199710972018.193.09$4,206
Oct 199720388019.253.15$6,680
Sep 199710534417.742.95$2,879
Aug 199712037317.862.55$3,096
Jul 199722252717.582.25$5,087
Jun 199710939817.242.26$2,778
May 19979748118.972.31$2,950
Apr 199713154917.882.08$3,486
Mar 199710752018.951.94$3,036
Feb 19975224920.492.21$1,615
Jan 19976429623.483.54$2,550
Dec 19966125723.32$1,423
Nov 19966423221.97$1,406
Oct 19964818023.31$1,119
Sep 1996851,20822.22$1,889
Aug 1996881,79020.26$1,783
Jul 19961001,87319.55$1,955
Jun 19961201,22818.73$2,248
May 1996601,09619.43$1,166
Apr 19964988721.51$1,054
Mar 1996621,12419.38$1,202
Feb 19962471016.98$408
Jan 19962274717.07$376
Dec 19954670117.19$791
Nov 19954490816.00$704
Oct 19954691715.43$710
Sep 1995621,01916.18$1,003
Aug 1995581,25815.92$923
Jul 1995771,28215.24$1,173
Jun 1995931,05016.41$1,526
May 19951952,18217.56$3,424
Apr 19952752,71717.73$4,876
Mar 19953403,57616.44$5,590
Feb 19953683,40616.58$6,101
Jan 19953533,48515.92$5,620
Dec 19943593,56915.03$5,396
Nov 19943373,53615.90$5,358
Oct 19942853,03215.58$4,440
Sep 19942603,11315.29$3,975
Aug 19942343,40016.13$3,774
Jul 19941922,98417.56$3,372
Jun 19941842,93217.09$3,145
May 19941431,36915.88$2,271
Apr 19942672,51214.14$3,775
Mar 19941972,44812.46$2,455
Feb 19941691,77212.50$2,113
Jan 19942392,27112.66$3,026
Dec 19931951,79012.33$2,404
Nov 19932702,66214.49$3,912
Oct 19932823,07115.85$4,470
Sep 19932462,99515.03$3,697
Aug 19932951,51415.66$4,620
Jul 19934741,02715.46$7,328
Jun 19933442,03116.79$5,776
May 19933131,17917.68$5,534
Apr 19933632,19118.05$6,552
Mar 19933962,10518.14$7,183
Feb 19932691,60817.90$4,815
Jan 19932722,30916.93$4,605

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.

Dec 2000 — as filed, then multipliedworked
Oil                   12 bbl  × $ 26.88 =       $323
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                     $323

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/29144 is the state's own key, not one this site invented.