UNIVERSITY -1416- D

Name: UNIVERSITY -1416- D lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SANDRIDGE EXPL. AND PROD., LLC (P-5 748011) in the SHAFTER LAKE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31047District 08Field 82570500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.9 M

Jan 1993 – Aug 2012

Value, last 12 filed months

at the published price for each month

Months reported

236

no gaps in the span

Streams

oil, casinghead gas

The SHAFTER LAKE (SAN ANDRES) field

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 194 leases and 1,113 wells, and the rule below applies to all of them.

Discovered

1953-04-01

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 2014-01-07.

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: “DIAGONAL LIMITATION, TOP ALLOWABLE ADJUSTED.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	93,741 bbl	$2,852,040
Casinghead gas	Production	6,745 Mcf	$1,682
Total			$2,853,722

6,311 Mcf of this lease's gas, across 47 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 32.4135, -102.6711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.41349, -102.67106 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

50.0%

1 of 2 wells

Median depth

4,950 ft

2 wells filed one

Completion to plug

29.9 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

150.0%

BothOn the schedule and plugged. Neither fact cancels the other.

150.0%

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 4,950 and 4,950 ft, median 4,950 ft, over the 2 wells that filed a depth.

Completions filed

Jan 1987 – Aug 1987

2 of 2 wells

Plug dates filed

Jul 2017

1 of 2 wells; 1 filed none

Last completion to plug: a median of 29.9 years across the 1 well that filed both dates, with the middle half between 29.9 years and 29.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-00335807	2	4,950 ft	Aug 1987	Jul 2017	Yes
42-00335661	1	4,950 ft	Jan 1987	—	Yes

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 (236)

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

236 months


Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	60	51	105.96	4.33	$6,579
Mar 2011	77	56	96.36	4.06	$7,647
Feb 2011	57	25	85.64	4.18	$4,986
Jan 2011	66	31	86.50	4.59	$5,851
Dec 2010	69	79	85.73	4.35	$6,259
Nov 2010	75	30	80.84	3.80	$6,177
Oct 2010	42	21	78.10	3.51	$3,354
Sep 2010	67	27	72.63	3.98	$4,974
Aug 2010	317	0	73.68	4.42	$23,357
Jul 2010	179	0	72.55	4.74	$12,986
Jun 2010	164	0	70.36	4.91	$11,539
May 2010	333	0	71.12	4.24	$23,683
Apr 2010	345	0	81.69	4.12	$28,183
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	167	0	73.58	5.44	$12,288
Jan 2010	334	0	74.36	5.96	$24,836
Dec 2009	5	0	71.44	5.48	$357
Nov 2009	338	0	74.59	3.75	$25,211
Oct 2009	175	0	72.54	4.11	$12,695
Sep 2009	338	0	65.54	3.06	$22,153
Aug 2009	169	0	67.42	3.22	$11,394
Jul 2009	329	0	61.13	3.46	$20,112
Jun 2009	158	0	66.16	3.90	$10,453
May 2009	324	0	54.74	3.93	$17,736
Apr 2009	316	0	46.77	3.59	$14,779
Mar 2009	333	0	42.14	4.06	$14,033
Feb 2009	159	0	32.81	4.63	$5,217
Jan 2009	336	0	35.86	5.37	$12,049
Dec 2008	169	0	37.10	5.98	$6,270
Nov 2008	337	0	55.49	6.86	$18,700
Oct 2008	157	0	75.24	6.92	$11,813
Sep 2008	337	0	101.76	7.88	$34,293
Aug 2008	315	0	114.22	8.48	$35,979
Jul 2008	334	0	131.08	11.39	$43,781
Jun 2008	162	0	131.33	13.03	$21,275
May 2008	322	0	123.17	11.57	$39,661
Apr 2008	327	0	110.31	10.45	$36,071
Mar 2008	159	0	101.90	9.66	$16,202
Feb 2008	334	0	92.53	8.77	$30,905
Jan 2008	333	0	90.38	8.21	$30,097
Dec 2007	338	0	88.33	7.30	$29,856
Nov 2007	161	0	91.67	7.29	$14,759
Oct 2007	333	0	82.85	6.92	$27,589
Sep 2007	328	0	75.84	6.24	$24,876
Aug 2007	334	0	69.06	6.39	$23,066
Jul 2007	339	0	70.90	6.39	$24,035
Jun 2007	169	0	62.00	7.55	$10,478
May 2007	486	0	58.74	7.85	$28,548
Apr 2007	158	0	59.61	7.81	$9,418
Mar 2007	164	0	56.92	7.30	$9,335
Feb 2007	331	0	55.10	8.22	$18,238
Jan 2007	339	0	50.30	6.73	$17,052
Dec 2006	171	0	56.65	6.92	$9,687
Nov 2006	323	0	54.20	7.62	$17,507
Oct 2006	166	0	54.90	6.01	$9,113
Sep 2006	338	0	60.08	5.04	$20,307
Aug 2006	329	0	68.71	7.34	$22,606
Jul 2006	322	0	69.37	6.34	$22,337
Jun 2006	325	0	66.28	6.38	$21,541
May 2006	165	0	66.01	6.42	$10,892
Apr 2006	337	0	64.39	7.36	$21,699
Mar 2006	338	0	56.70	7.08	$19,165
Feb 2006	338	0	57.59	7.75	$19,465
Jan 2006	340	0	60.59	8.93	$20,601
Dec 2005	335	0	54.94	13.42	$18,405
Nov 2005	338	0	54.69	10.59	$18,485
Oct 2005	351	0	58.34	13.80	$20,477
Sep 2005	337	0	61.45	12.08	$20,709
Aug 2005	340	0	61.51	9.80	$20,913
Jul 2005	328	0	55.69	7.84	$18,266
Jun 2005	332	0	52.33	7.38	$17,374
May 2005	166	0	45.22	6.65	$7,507
Apr 2005	522	0	49.20	7.36	$25,682
Mar 2005	169	0	50.37	7.15	$8,513
Feb 2005	338	0	45.22	6.31	$15,284
Jan 2005	517	0	43.16	6.32	$22,314
Dec 2004	345	0	39.86	6.75	$13,752
Nov 2004	180	0	45.28	6.33	$8,150
Oct 2004	340	0	49.70	6.52	$16,898
Sep 2004	346	0	43.24	5.28	$14,961
Aug 2004	352	0	42.37	5.55	$14,914
Jul 2004	493	0	38.28	6.08	$18,872
Jun 2004	331	0	36.10	6.43	$11,949
May 2004	338	0	37.48	6.49	$12,668
Apr 2004	319	0	34.47	5.86	$10,996
Mar 2004	335	0	34.36	5.53	$11,511
Feb 2004	350	0	32.45	5.51	$11,358
Jan 2004	339	0	32.03	6.30	$10,858
Dec 2003	351	0	30.26	6.30	$10,621
Nov 2003	337	0	28.80	4.60	$9,706
Oct 2003	341	0	28.17	4.76	$9,606
Sep 2003	525	0	26.31	4.75	$13,813
Aug 2003	347	0	29.76	5.13	$10,327
Jul 2003	335	0	29.41	5.17	$9,852
Jun 2003	324	0	28.56	5.98	$9,253
May 2003	341	0	26.59	5.97	$9,067
Apr 2003	352	0	26.67	5.41	$9,388
Mar 2003	529	0	31.14	6.10	$16,473
Feb 2003	336	0	33.48	7.93	$11,249
Jan 2003	175	0	30.31	5.58	$5,304
Dec 2002	507	0	26.91	4.85	$13,643
Nov 2002	352	0	24.66	4.14	$8,680
Oct 2002	356	0	26.46	4.23	$9,420
Sep 2002	338	0	27.44	3.64	$9,275
Aug 2002	520	0	25.96	3.16	$13,499
Jul 2002	354	0	24.58	3.06	$8,701
Jun 2002	515	0	23.73	3.34	$12,221
May 2002	328	0	24.66	3.58	$8,088
Apr 2002	340	0	23.65	3.51	$8,041
Mar 2002	519	0	22.00	3.10	$11,418
Feb 2002	180	0	18.22	2.38	$3,280
Jan 2002	724	0	17.17	2.38	$12,431
Dec 2001	320	0	16.93	2.36	$5,418
Nov 2001	179	0	18.07	2.41	$3,235
Oct 2001	534	0	19.78	2.53	$10,563
Sep 2001	352	0	24.26	2.25	$8,540
Aug 2001	350	0	24.87	3.05	$8,705
Jul 2001	521	0	23.93	3.20	$12,468
Jun 2001	349	0	24.56	3.82	$8,571
May 2001	527	0	25.52	4.31	$13,449
Apr 2001	357	0	24.68	5.34	$8,811
Mar 2001	347	0	24.54	5.38	$8,515
Feb 2001	535	0	27.75	5.77	$14,846
Jan 2001	352	0	27.47	8.40	$9,669
Dec 2000	359	0	26.88	9.12	$9,650
Nov 2000	530	0	32.21	5.66	$17,071
Oct 2000	355	0	31.23	5.15	$11,087
Sep 2000	530	0	31.87	5.19	$16,891
Aug 2000	348	0	29.64	4.54	$10,315
Jul 2000	349	0	28.53	4.09	$9,957
Jun 2000	526	0	29.30	4.40	$15,412
May 2000	353	0	27.26	3.68	$9,623
Apr 2000	532	0	24.51	3.12	$13,039
Mar 2000	532	0	28.42	2.86	$15,119
Feb 2000	532	0	27.62	2.73	$14,694
Jan 2000	529	0	25.27	2.48	$13,368
Dec 1999	533	0	24.28	2.42	$12,941
Nov 1999	351	0	23.19	2.43	$8,140
Oct 1999	526	0	20.98	2.80	$11,035
Sep 1999	531	0	21.75	2.62	$11,549
Aug 1999	527	0	19.26	2.88	$10,150
Jul 1999	522	0	17.89	2.37	$9,339
Jun 1999	520	0	15.94	2.36	$8,289
May 1999	541	0	15.79	2.32	$8,542
Apr 1999	873	0	15.10	2.21	$13,182
Mar 1999	718	0	12.47	1.84	$8,953
Feb 1999	360	0	9.98	1.82	$3,593
Jan 1999	346	0	10.38	1.90	$3,591
Dec 1998	508	0	9.20	1.77	$4,674
Nov 1998	343	0	10.89	2.19	$3,735
Oct 1998	496	0	12.42	1.97	$6,160
Sep 1998	498	0	12.59	2.08	$6,270
Aug 1998	651	0	11.30	1.91	$7,356
Jul 1998	305	0	11.74	2.24	$3,581
Jun 1998	0	0	11.24	2.24	$0
May 1998	102	0	12.62	2.21	$1,287
Apr 1998	332	0	13.04	2.51	$4,329
Mar 1998	498	0	12.80	2.31	$6,374
Feb 1998	672	0	13.95	2.30	$9,374
Jan 1998	504	0	14.70	2.15	$7,409
Dec 1997	504	0	16.32	2.41	$8,225
Nov 1997	691	38	18.19	3.09	$12,687
Oct 1997	535	39	19.25	3.15	$10,422
Sep 1997	712	35	17.74	2.95	$12,734
Aug 1997	543	2	17.86	2.55	$9,703
Jul 1997	711	0	17.58	2.25	$12,499
Jun 1997	524	0	17.24	2.26	$9,034
May 1997	480	0	18.97	2.31	$9,106
Apr 1997	537	0	17.88	2.08	$9,602
Mar 1997	687	0	18.95	1.94	$13,019
Feb 1997	703	0	20.49	2.21	$14,404
Jan 1997	310	0	23.48	3.54	$7,279
Dec 1996	531	35	23.32	—	$12,383
Nov 1996	683	12	21.97	—	$15,006
Oct 1996	840	0	23.31	—	$19,580
Sep 1996	673	10	22.22	—	$14,954
Aug 1996	321	89	20.26	—	$6,503
Jul 1996	524	108	19.55	—	$10,244
Jun 1996	689	116	18.73	—	$12,905
May 1996	716	99	19.43	—	$13,912
Apr 1996	691	23	21.51	—	$14,863
Mar 1996	711	74	19.38	—	$13,779
Feb 1996	717	99	16.98	—	$12,175
Jan 1996	533	81	17.07	—	$9,098
Dec 1995	719	52	17.19	—	$12,360
Nov 1995	546	96	16.00	—	$8,736
Oct 1995	705	162	15.43	—	$10,878
Sep 1995	537	172	16.18	—	$8,689
Aug 1995	542	218	15.92	—	$8,629
Jul 1995	718	232	15.24	—	$10,942
Jun 1995	549	216	16.41	—	$9,009
May 1995	720	163	17.56	—	$12,643
Apr 1995	730	214	17.73	—	$12,943
Mar 1995	732	190	16.44	—	$12,034
Feb 1995	368	107	16.58	—	$6,101
Jan 1995	547	193	15.92	—	$8,708
Dec 1994	728	191	15.03	—	$10,942
Nov 1994	713	216	15.90	—	$11,337
Oct 1994	546	246	15.58	—	$8,507
Sep 1994	719	158	15.29	—	$10,994
Aug 1994	539	21	16.13	—	$8,694
Jul 1994	714	12	17.56	—	$12,538
Jun 1994	715	164	17.09	—	$12,219
May 1994	722	242	15.88	—	$11,465
Apr 1994	731	230	14.14	—	$10,336
Mar 1994	727	13	12.46	—	$9,058
Feb 1994	836	35	12.50	—	$10,450
Jan 1994	908	161	12.66	—	$11,495
Dec 1993	725	173	12.33	—	$8,939
Nov 1993	512	254	14.49	—	$7,419
Oct 1993	543	299	15.85	—	$8,607
Sep 1993	720	204	15.03	—	$10,822
Aug 1993	720	320	15.66	—	$11,275
Jul 1993	900	328	15.46	—	$13,914
Jun 1993	724	181	16.79	—	$12,156
May 1993	719	22	17.68	—	$12,712
Apr 1993	721	23	18.05	—	$13,014
Mar 1993	907	13	18.14	—	$16,453
Feb 1993	730	24	17.90	—	$13,067
Jan 1993	731	20	16.93	—	$12,376

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.

Apr 2011 — as filed, then multipliedworked

Oil                   60 bbl  × $105.96 =     $6,358
Casinghead gas        51 Mcf  × $  4.33 =       $221

────────────────────────────────────────────────────
Month total                                   $6,579

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/31047 is the state's own key, not one this site invented.