UNIVERSITY 15

Operated by GREAT WESTERN DRILLING COMPANY (P-5 328780) in the TWOFREDS, E. (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30458District 08Field 92142500OilCasinghead gasSaveExport
Value, all time
$785 k
Jan 1993 – Jul 2003
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
127
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 5 leases and 8 wells, and the rule below applies to all of them.

Discovered
1967-04-25
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition47,068 bbl$777,911
Casinghead gasProduction7,880 Mcf$6,617
Total$784,528

5,072 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 31.6886, -103.4340. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.68819, -103.43407 · 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
100.0%
3 of 3 wells
Median depth
5,026 ft
3 wells filed one
Completion to plug
12.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 4,946 and 5,040 ft, median 5,026 ft, over the 3 wells that filed a depth.

Completions filed
Jan 1986 – Mar 1995
3 of 3 wells
Plug dates filed
Jun 2000 – Jun 2003
3 of 3 wells

Last completion to plug: a median of 12.3 years across the 3 wells that filed both dates, with the middle half between 8.8 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3011034434,946 ftMar 1995Jun 2000Yes
42-3013088725,040 ftMar 1991Jun 2003Yes
42-3013068715,026 ftJan 1986Jun 2003Yes

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 (127)

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

127 months

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 200269027.443.64$1,893
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 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 1999185021.752.62$4,024
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 1999164015.942.36$2,614
May 19990015.792.32$0
Apr 1999185015.102.21$2,794
Mar 1999185012.471.84$2,307
Feb 1999009.981.82$0
Jan 1999175010.381.90$1,817
Dec 19981721249.201.77$1,802
Nov 199834812010.892.19$4,052
Oct 199834512012.421.97$4,521
Sep 199835312012.592.08$4,694
Aug 199853012411.301.91$6,226
Jul 199818612411.742.24$2,461
Jun 199852512011.242.24$6,169
May 199835112412.622.21$4,703
Apr 199853412013.042.51$7,264
Mar 199834512012.802.31$4,693
Feb 199835310813.952.30$5,173
Jan 199835012014.702.15$5,404
Dec 19973518016.322.41$5,921
Nov 199734012018.193.09$6,555
Oct 199735312019.253.15$7,173
Sep 199735910417.742.95$6,676
Aug 199771311617.862.55$13,031
Jul 199752312017.582.25$9,464
Jun 199752612017.242.26$9,339
May 199735012418.972.31$6,926
Apr 199752911217.882.08$9,692
Mar 199770011218.951.94$13,482
Feb 199765811220.492.21$13,729
Jan 199735012423.483.54$8,657
Dec 199651212423.32$11,940
Nov 199633912021.97$7,448
Oct 199670712423.31$16,480
Sep 199653312022.22$11,843
Aug 199670612020.26$14,304
Jul 199652712419.55$10,303
Jun 199652712018.73$9,871
May 199668512419.43$13,310
Apr 199669912021.51$15,035
Mar 199669612419.38$13,488
Feb 199634211616.98$5,807
Jan 199670712417.07$12,068
Dec 199587512417.19$15,041
Nov 199534012516.00$5,440
Oct 199569312915.43$10,693
Sep 199585712116.18$13,866
Aug 199551411215.92$8,183
Jul 199587212915.24$13,289
Jun 199569112516.41$11,339
May 199534412917.56$6,041
Apr 199569012517.73$12,234
Mar 199568712916.44$11,294
Feb 199551711616.58$8,572
Jan 199568912515.92$10,969
Dec 199469412515.03$10,431
Nov 199484712515.90$13,467
Oct 199468912915.58$10,735
Sep 199487512515.29$13,379
Aug 199468412916.13$11,033
Jul 199485612917.56$15,031
Jun 199468712117.09$11,741
May 199485312515.88$13,546
Apr 199485412514.14$12,076
Mar 199486311612.46$10,753
Feb 199488210412.50$11,025
Jan 19941,20312912.66$15,230
Dec 199366612912.33$8,212
Nov 199368516814.49$9,926
Oct 199385916815.85$13,615
Sep 199386916815.03$13,061
Aug 1993893115.66$13,984
Jul 19931,053115.46$16,279
Jun 19931,038116.79$17,428
May 19931,053117.68$18,617
Apr 19931,067118.05$19,259
Mar 1993863118.14$15,655
Feb 19931,073117.90$19,207
Jan 19931,106116.93$18,725

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 2002 — as filed, then multipliedworked
Oil                   69 bbl  × $ 27.44 =     $1,893
Casinghead gas         0 Mcf  × $  3.64 =         $0

────────────────────────────────────────────────────
Month total                                   $1,893

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/30458 is the state's own key, not one this site invented.