UNIVERSITY -A-

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

Oil lease lease 29172District 08Field 59339415NGPA filingOilCasinghead gasSaveExport
Value, all time
$6.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$253 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 8 leases and 17 wells, and the rule below applies to all of them.

Discovered
1973-08-16
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
NGPA1none

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
OilDisposition116,689 bbl$5,722,766
Casinghead gasProduction320,240 Mcf$1,081,903
Total$6,804,668

61,822 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 31.5007, -102.3241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.50069, -102.32410 · 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
12,086 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 12,066 and 12,105 ft, median 12,086 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1985 – Nov 1986
2 of 2 wells

2 wells

42-10333399612,066 ftNov 1986Yes
42-10333581712,105 ftMar 1985

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 2026362771106.413.05$40,869
Apr 202618473798.932.87$20,318
Mar 202636975889.753.15$35,505
Feb 202618567563.503.75$14,279
Jan 202618671259.138.00$16,693
Dec 202536952056.664.41$23,202
Nov 202537073858.593.93$24,576
Oct 202518470459.383.30$13,253
Sep 202518244962.743.08$12,800
Aug 202536554663.933.01$24,981
Jul 202518518666.743.32$12,964
Jun 202518445566.483.13$13,656
May 2025361060.553.23$21,859
Apr 202518235262.363.54$12,597
Mar 202537056267.704.27$27,448
Feb 202518425270.884.34$14,136
Jan 202518654574.324.28$16,155
Dec 2024368068.993.12$25,388
Nov 2024184069.052.20$12,705
Oct 20243661871.372.28$26,162
Sep 202418466369.612.36$14,376
Aug 202436571875.632.06$29,087
Jul 202418657179.932.15$16,093
Jun 202436488678.082.63$30,755
May 202436487778.812.20$30,615
Apr 2024033784.451.66$559
Mar 202413036080.301.55$10,995
Feb 202418579076.091.78$15,486
Jan 202437390473.023.30$30,218
Dec 2023031071.262.61$809
Nov 202318548477.892.81$15,769
Oct 202318377285.443.09$18,019
Sep 202318460789.042.74$18,044
Aug 2023366080.522.67$29,470
Jul 2023206074.852.64$15,419
Jun 202318355068.962.26$13,862
May 202336862570.622.23$27,380
Apr 202336474278.122.24$30,096
Mar 202318781472.852.39$15,571
Feb 202318057575.112.47$14,938
Jan 2023371076.533.39$28,393
Dec 2022372076.415.73$28,425
Nov 202218628285.005.65$17,402
Oct 202236989387.185.86$37,406
Sep 202218332184.888.16$18,154
Aug 202218274994.529.13$24,039
Jul 2022365720101.587.54$42,507
Jun 2022186674115.097.98$26,783
May 2022187732109.378.43$26,625
Apr 2022183809104.226.84$24,604
Mar 2022370785108.885.08$44,271
Feb 202218455491.054.86$19,445
Jan 202218569381.844.54$18,285
Dec 202118268171.323.90$15,636
Nov 202135366577.435.24$30,815
Oct 202118072579.795.71$18,505
Sep 202118336569.865.35$14,737
Aug 202136712166.024.22$24,740
Jul 202117811170.783.98$13,041
Jun 202135816569.493.38$25,435
May 20211831363.483.02$11,656
Apr 202104860.362.76$132
Mar 2021171061.302.72$10,482
Feb 202103857.805.55$211
Jan 20213604650.412.81$18,277
Dec 2020010744.642.68$286
Nov 202036339638.772.71$15,145
Oct 202018382136.972.48$8,800
Sep 202018482937.091.99$8,475
Aug 202017989439.982.39$9,289
Jul 202018086738.371.83$8,489
Jun 202017983934.901.69$7,665
May 202017384216.921.81$4,455
Apr 202035688114.751.80$6,841
Mar 202019895130.341.86$7,773
Feb 202032592249.881.98$18,037
Jan 202018597057.252.09$12,623
Dec 201918691559.012.30$13,084
Nov 201918487155.302.75$12,571
Oct 201936589253.472.42$21,674
Sep 2019055155.052.66$1,464
Aug 201918288753.112.30$11,710
Jul 201917623456.272.46$10,479
Jun 2019183052.782.49$9,659
May 201918376958.482.74$12,809
Apr 20193691,23062.632.75$26,494
Mar 20191851,24856.803.06$14,330
Feb 20193721,23750.852.79$22,370
Jan 20191851,36246.033.23$12,912
Dec 20183721,41446.594.19$23,250
Nov 20181861,26652.934.24$15,209
Oct 20185191,56261.443.40$37,195
Sep 20181821,10159.543.11$14,258
Aug 20183661,42559.403.07$26,110
Jul 20181831,43665.142.93$16,131
Jun 20183631,36060.183.08$26,030
May 20181851,41765.382.90$16,206
Apr 20183691,43163.842.90$27,708
Mar 20183711,60761.222.79$27,191
Feb 20181842,12761.782.77$17,251
Jan 201817374162.874.01$13,847
Dec 201716715157.272.92$10,005
Nov 201705055.423.12$156
Oct 201735468649.292.98$19,495
Sep 201737177547.523.09$20,023
Aug 201718662345.373.00$10,311
Jul 201736443643.873.09$17,315
Jun 2017036942.493.09$1,139
May 201718543945.373.26$9,826
Apr 201718769347.933.21$11,189
Mar 201737263246.772.98$19,284
Feb 201718461250.452.95$11,090
Jan 201737964749.413.42$20,938
Dec 201618867448.763.72$11,676
Nov 201637168642.492.64$17,578
Oct 201618377346.193.09$10,842
Sep 201636474541.553.10$17,434
Aug 201636881841.442.92$17,642
Jul 201618361541.622.92$9,415
Jun 201618453645.352.69$9,784
May 201636757942.521.99$16,758
Apr 201618562336.561.99$8,004
Mar 201636862433.011.79$13,267
Feb 201618757026.472.06$6,126
Jan 201618457327.352.36$6,387
Dec 201518624932.362.00$6,517
Nov 201536535938.792.17$14,936
Oct 201518647643.552.43$9,255
Sep 201536766742.992.76$17,617
Aug 201536974840.162.87$16,968
Jul 201518076448.152.95$10,917
Jun 201536472956.152.88$22,540
May 201518674155.212.96$12,459
Apr 201518367049.822.71$10,930
Mar 201537469842.892.93$18,089
Feb 201536963944.662.98$18,381
Jan 201518955343.433.10$9,923
Dec 201435966854.693.59$22,033
Nov 201418663270.464.25$15,793
Oct 201418471678.303.90$17,200
Sep 201435171386.164.05$33,127
Aug 201418676689.394.04$19,717
Jul 201436621896.564.18$36,252
Jun 201418572398.164.74$21,584
May 201437259794.734.73$38,061
Apr 201418346795.944.81$19,803
Mar 201435470095.895.06$37,485
Feb 201437165897.406.19$40,210
Jan 201418770090.404.86$20,307
Dec 201337270191.824.35$37,210
Nov 201318766588.853.74$19,101
Oct 201354571897.423.78$55,807
Sep 20130756104.113.72$2,811
Aug 2013367837104.253.52$41,208
Jul 2013181767102.523.72$21,408
Jun 201336571994.403.93$37,284
May 201318574694.834.15$20,639
Apr 201336979193.964.28$38,059
Mar 201337385393.623.91$38,258
Feb 201318635291.233.42$18,173
Jan 201337358491.603.42$36,164
Dec 201218965586.773.42$18,640
Nov 201218367586.953.62$18,359
Oct 201218665989.383.40$18,865
Sep 201236979394.672.92$37,248
Aug 201215477892.662.91$16,532
Jul 201235365985.133.02$32,042
Jun 201216563679.822.52$14,772
May 201233276291.612.49$32,311
Apr 2012168748101.652.00$18,571
Mar 2012309697105.052.22$34,009
Feb 2012165502101.102.57$17,972
Jan 201250668498.092.73$51,504
Dec 201117868496.873.24$19,459
Nov 201117069895.723.31$18,584
Oct 201132857684.983.65$29,975
Sep 201133375483.623.99$30,851
Aug 201115583383.404.15$16,383
Jul 201134181394.144.52$35,774
Jun 201116179792.904.64$18,655
May 2011348098.134.40$34,149
Apr 2011353333105.964.33$38,847
Mar 201116878496.364.06$19,369
Feb 201134050785.644.18$31,237
Jan 201135069186.504.59$33,446
Dec 201023164685.734.35$22,612
Nov 201034964980.843.80$30,676
Oct 2010357078.103.51$27,882
Sep 201016776372.633.98$15,166
Aug 201061767273.684.42$48,430
Jul 201045962972.554.74$36,280
Jun 201030369970.364.91$24,751
May 201048178271.124.24$37,521
Apr 201077869281.694.12$66,408
Mar 201034779978.394.39$30,708
Feb 201018668873.585.44$17,430
Jan 201035877374.365.96$31,231
Dec 200918174971.445.48$17,038
Nov 20095441,03274.593.75$44,449
Oct 200918147472.544.11$15,078
Sep 2009047565.543.06$1,456
Aug 200916866367.423.22$13,460
Jul 200932772461.133.46$22,498
Jun 200916665266.163.90$13,522
May 200932852254.743.93$20,004
Apr 200935573346.773.59$19,233
Mar 200917151442.144.06$9,292
Feb 200916951432.814.63$7,926
Jan 200935265035.865.37$16,114
Dec 200818071737.105.98$10,964
Nov 200835168355.496.86$24,163
Oct 200817975975.246.92$18,722
Sep 2008350570101.767.88$40,106
Aug 2008165805114.228.48$25,675
Jul 2008338451131.0811.39$49,442
Jun 2008171194131.3313.03$24,986
May 2008339769123.1711.57$50,655
Apr 2008340728110.3110.45$45,117
Mar 2008175508101.909.66$22,742
Feb 200817466492.538.77$21,924
Jan 200834878290.388.21$37,869
Dec 200734577088.337.30$36,096
Nov 200717677091.677.29$21,749
Oct 200733782982.856.92$33,659
Sep 200734581675.846.24$31,260
Aug 200717680569.066.39$17,297
Jul 200734878870.906.39$29,707
Jun 200735272762.007.55$27,312
May 200717876758.747.85$16,474
Apr 200735661559.617.81$26,021
Mar 200717671556.927.30$15,239
Feb 200735559855.108.22$24,474
Jan 200718362150.306.73$13,382
Dec 200634857356.656.92$23,678
Nov 200618431954.207.62$12,403
Oct 200635972454.906.01$24,063
Sep 200617364260.085.04$13,628
Aug 200634284868.717.34$29,723
Jul 200616990769.376.34$17,476
Jun 200635355466.286.38$26,934
May 200635340466.016.42$25,897
Apr 200617884264.397.36$17,659
Mar 200617584156.707.08$15,879
Feb 200636172757.597.75$26,425
Jan 200634783960.598.93$28,520
Dec 200517977954.9413.42$20,285
Nov 200534487754.6910.59$28,099
Oct 200536173258.3413.80$31,159
Sep 200535586761.4512.08$32,287
Aug 200517690861.519.80$19,721
Jul 200535699255.697.84$27,607
Jun 2005082252.337.38$6,067
May 200554098545.226.65$30,970
Apr 200517791849.207.36$15,465
Mar 200518496250.377.15$16,151
Feb 200535991345.226.31$21,997
Jan 200536389343.166.32$21,313
Dec 200436087339.866.75$20,243
Nov 200418084645.286.33$13,506
Oct 200436794549.706.52$24,397
Sep 200435695343.245.28$20,429
Aug 200417491442.375.55$12,446
Jul 200437399738.286.08$20,344
Jun 200437394636.106.43$19,551
May 20043451,07137.486.49$19,886
Apr 20043711,07134.475.86$19,063
Mar 200437498834.365.53$18,314
Feb 200418481032.455.51$10,434
Jan 200437275032.036.30$16,640
Dec 200336788730.266.30$16,695
Nov 200316965128.804.60$7,859
Oct 200335788628.174.76$14,274
Sep 200337891326.314.75$14,281
Aug 20033781,06629.765.13$16,718
Jul 20032941,11429.415.17$14,407
Jun 20033631,02628.565.98$16,506
May 200336411026.595.97$10,336
Apr 200338184226.675.41$14,714
Mar 200318668531.146.10$9,968
Feb 200317643633.487.93$9,348
Jan 2003062630.315.58$3,494
Dec 200231189126.914.85$12,694
Nov 200234987924.664.14$12,243
Oct 200234094126.464.23$12,976
Sep 200234585627.443.64$12,579
Aug 2002046425.963.16$1,468
Jul 200237893624.583.06$12,157
Jun 200218287723.733.34$7,247
May 200234991224.663.58$11,875
Apr 200234491123.653.51$11,335
Mar 20023621,01422.003.10$11,110
Feb 200219495218.222.38$5,796
Jan 200232495317.172.38$7,827
Dec 20013711,03016.932.36$8,716
Nov 20013801,04118.072.41$9,371
Oct 20013531,20419.782.53$10,027
Sep 20013661,19124.262.25$11,560
Aug 20013391,13524.873.05$11,896
Jul 20013531,23623.933.20$12,399
Jun 20013451,14224.563.82$12,840
May 20011761,15825.524.31$9,479
Apr 200153798824.685.34$18,524
Mar 20013561,14524.545.38$14,892
Feb 20013481,10927.755.77$16,053
Jan 200133972027.478.40$15,359
Dec 200017856826.889.12$9,966
Nov 200017259632.215.66$8,912
Oct 200016364431.235.15$8,404
Sep 200033267831.875.19$14,097
Aug 200016876929.644.54$8,471
Jul 20003271,11828.534.09$13,902
Jun 20003551,05729.304.40$15,049
May 200033175227.263.68$11,790
Apr 200017694824.513.12$7,268
Mar 200033893628.422.86$12,283
Feb 200033797227.622.73$11,958
Jan 20001661,05325.272.48$6,807
Dec 19993441,06324.282.42$10,929
Nov 199935398723.192.43$10,588
Oct 19993531,05720.982.80$10,369
Sep 19993561,11221.752.62$10,655
Aug 19991841,21619.262.88$7,041
Jul 19993571,22317.892.37$9,288
Jun 19993671,15115.942.36$8,569
May 19991861,20615.792.32$5,736
Apr 19993531,13115.102.21$7,828
Mar 19993611,19112.471.84$6,691
Feb 19993551,0589.981.82$5,466
Jan 199918287010.381.90$3,542
Dec 19983639809.201.77$5,077
Nov 19983481,11310.892.19$6,222
Oct 19985281,00912.421.97$8,545
Sep 199834385112.592.08$6,091
Aug 1998044211.301.91$843
Jul 199818325911.742.24$2,728
Jun 199835260811.242.24$5,317
May 199835974412.622.21$6,172
Apr 199818281213.042.51$4,408
Mar 199836680312.802.31$6,539
Feb 199838682713.952.30$7,286
Jan 199837998014.702.15$7,683
Dec 199719181016.322.41$5,070
Nov 199738887118.193.09$9,748
Oct 199739569419.253.15$9,790
Sep 199718865517.742.95$5,271
Aug 199721067717.862.55$5,480
Jul 19973781,02417.582.25$8,946
Jun 19971851,01517.242.26$5,480
May 19973861,08618.972.31$9,829
Apr 19973801,08017.882.08$9,044
Mar 19973771,03818.951.94$9,157
Feb 199719677020.492.21$5,715
Jan 199757686623.483.54$16,590
Dec 199619498423.32$4,524
Nov 19963881,08021.97$8,524
Oct 19963741,25323.31$8,718
Sep 19963731,29822.22$8,288
Aug 19963801,40720.26$7,699
Jul 19963781,18419.55$7,390
Jun 19963851,06118.73$7,211
May 19963761,32819.43$7,306
Apr 19963641,30221.51$7,830
Mar 199637796919.38$7,306
Feb 199637996916.98$6,435
Jan 19963911,05017.07$6,674
Dec 19953871,03917.19$6,653
Nov 19953831,14216.00$6,128
Oct 19955681,15915.43$8,764
Sep 19951891,38016.18$3,058
Aug 19955181,48115.92$8,247
Jul 19953781,22815.24$5,761
Jun 199538992816.41$6,383
May 199519099517.56$3,336
Apr 19953721,30617.73$6,596
Mar 19955861,15516.44$9,634
Feb 19951901,16216.58$3,150
Jan 19957851,34215.92$12,497
Dec 19943901,34715.03$5,862
Nov 19943841,34215.90$6,106
Oct 19943761,58415.58$5,858
Sep 19943771,53115.29$5,764
Aug 19943781,61216.13$6,097
Jul 19947221,59217.56$12,678
Jun 19943671,30617.09$6,272
May 199436075115.88$5,717
Apr 19943601,35614.14$5,090
Mar 19943721,41212.46$4,635
Feb 19943751,26812.50$4,688
Jan 19947441,38212.66$9,419
Dec 19933591,42212.33$4,426
Nov 19937341,41214.49$10,636
Oct 19933651,34815.85$5,785
Sep 19933611,46315.03$5,426
Aug 19933671,39315.66$5,747
Jul 19933581,44415.46$5,535
Jun 19933661,52816.79$6,145
May 19937411,43817.68$13,101
Apr 19933681,48318.05$6,642
Mar 19933681,64418.14$6,676
Feb 19937341,05917.90$13,139
Jan 19933661,50316.93$6,196

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                  362 bbl  × $106.41 =    $38,520
Casinghead gas       771 Mcf  × $  3.05 =     $2,348

────────────────────────────────────────────────────
Month total                                  $40,869

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/29172 is the state's own key, not one this site invented.