UNIVERSITY -T-

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

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

Oil lease lease 31920District 08Field 57774083Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$483 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The MARTIN (CLEAR FORK) 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 49 leases and 154 wells, and the rule below applies to all of them.

Discovered

1953-08-14

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”

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	20,792 bbl	$391,303
Casinghead gas	Production	63,536 Mcf	$91,562
Total			$482,864

27,268 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 32.1476, -102.7593. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.14781, -102.75886 · 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%

3 of 3 wells

With a plug date

0.0%

0 of 3 wells

Median depth

6,850 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

3100.0%

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.

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 5,823 and 8,105 ft, median 6,850 ft, over the 3 wells that filed a depth.

Completions filed

Aug 2000 – Jun 2010

3 of 3 wells

3 wells


42-00304573	1	5,823 ft	Jun 2010	—	Yes
42-00304643	2	8,105 ft	Oct 2009	—	Yes
42-00336854	4	6,850 ft	Aug 2000	—	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 (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 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	49	0	26.88	9.12	$1,317
Nov 2000	341	292	32.21	5.66	$12,636
Oct 2000	397	376	31.23	5.15	$14,333
Sep 2000	422	370	31.87	5.19	$15,368
Aug 2000	413	363	29.64	4.54	$13,890
Jul 2000	244	356	28.53	4.09	$8,417
Jun 2000	231	357	29.30	4.40	$8,338
May 2000	266	297	27.26	3.68	$8,344
Apr 2000	205	380	24.51	3.12	$6,209
Mar 2000	157	357	28.42	2.86	$5,483
Feb 2000	177	378	27.62	2.73	$5,919
Jan 2000	221	403	25.27	2.48	$6,584
Dec 1999	208	403	24.28	2.42	$6,027
Nov 1999	239	441	23.19	2.43	$6,616
Oct 1999	207	466	20.98	2.80	$5,649
Sep 1999	223	476	21.75	2.62	$6,097
Aug 1999	225	393	19.26	2.88	$5,464
Jul 1999	202	397	17.89	2.37	$4,556
Jun 1999	198	446	15.94	2.36	$4,210
May 1999	136	464	15.79	2.32	$3,224
Apr 1999	152	370	15.10	2.21	$3,112
Mar 1999	200	873	12.47	1.84	$4,099
Feb 1999	209	804	9.98	1.82	$3,547
Jan 1999	177	861	10.38	1.90	$3,473
Dec 1998	147	883	9.20	1.77	$2,918
Nov 1998	168	993	10.89	2.19	$4,000
Oct 1998	263	1,195	12.42	1.97	$5,620
Sep 1998	209	1,024	12.59	2.08	$4,764
Aug 1998	250	1,275	11.30	1.91	$5,257
Jul 1998	293	1,311	11.74	2.24	$6,373
Jun 1998	272	1,138	11.24	2.24	$5,603
May 1998	222	1,105	12.62	2.21	$5,240
Apr 1998	227	1,039	13.04	2.51	$5,563
Mar 1998	360	1,261	12.80	2.31	$7,520
Feb 1998	230	1,195	13.95	2.30	$5,956
Jan 1998	131	1,256	14.70	2.15	$4,632
Dec 1997	156	1,340	16.32	2.41	$5,777
Nov 1997	170	1,325	18.19	3.09	$7,184
Oct 1997	241	1,574	19.25	3.15	$9,597
Sep 1997	184	1,329	17.74	2.95	$7,191
Aug 1997	208	1,203	17.86	2.55	$6,788
Jul 1997	285	1,119	17.58	2.25	$7,525
Jun 1997	153	678	17.24	2.26	$4,168
May 1997	134	797	18.97	2.31	$4,382
Apr 1997	181	875	17.88	2.08	$5,059
Mar 1997	245	736	18.95	1.94	$6,070
Feb 1997	222	605	20.49	2.21	$5,883
Jan 1997	272	689	23.48	3.54	$8,825
Dec 1996	264	717	23.32	—	$6,156
Nov 1996	253	1,161	21.97	—	$5,558
Oct 1996	234	1,216	23.31	—	$5,455
Sep 1996	240	819	22.22	—	$5,333
Aug 1996	231	726	20.26	—	$4,680
Jul 1996	237	392	19.55	—	$4,633
Jun 1996	284	156	18.73	—	$5,319
May 1996	247	343	19.43	—	$4,799
Apr 1996	229	355	21.51	—	$4,926
Mar 1996	395	449	19.38	—	$7,655
Feb 1996	2,045	2,074	16.98	—	$34,724
Jan 1996	2,007	2,609	17.07	—	$34,259
Dec 1995	49	266	17.19	—	$842
Nov 1995	25	166	16.00	—	$400
Oct 1995	45	313	15.43	—	$694
Sep 1995	44	341	16.18	—	$712
Aug 1995	26	393	15.92	—	$414
Jul 1995	44	528	15.24	—	$671
Jun 1995	57	481	16.41	—	$935
May 1995	145	443	17.56	—	$2,546
Apr 1995	147	318	17.73	—	$2,606
Mar 1995	183	419	16.44	—	$3,009
Feb 1995	234	269	16.58	—	$3,880
Jan 1995	210	256	15.92	—	$3,343
Dec 1994	211	261	15.03	—	$3,171
Nov 1994	195	259	15.90	—	$3,101
Oct 1994	115	300	15.58	—	$1,792
Sep 1994	65	349	15.29	—	$994
Aug 1994	63	183	16.13	—	$1,016
Jul 1994	104	153	17.56	—	$1,826
Jun 1994	128	472	17.09	—	$2,188
May 1994	85	395	15.88	—	$1,350
Apr 1994	133	591	14.14	—	$1,881
Mar 1994	97	567	12.46	—	$1,209
Feb 1994	61	880	12.50	—	$763
Jan 1994	36	1,594	12.66	—	$456
Dec 1993	32	1,392	12.33	—	$395
Nov 1993	39	1,638	14.49	—	$565
Oct 1993	81	1,312	15.85	—	$1,284
Sep 1993	95	273	15.03	—	$1,428
Aug 1993	106	172	15.66	—	$1,660
Jul 1993	118	119	15.46	—	$1,824
Jun 1993	73	180	16.79	—	$1,226
May 1993	73	120	17.68	—	$1,291
Apr 1993	86	230	18.05	—	$1,552
Mar 1993	94	218	18.14	—	$1,705
Feb 1993	56	219	17.90	—	$1,002
Jan 1993	49	181	16.93	—	$830

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                   49 bbl  × $ 26.88 =     $1,317
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                   $1,317

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/31920 is the state's own key, not one this site invented.