UNIVERSITY -O-

Name: UNIVERSITY -O- 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 31922District 08Field 57774083Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$296 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	14,081 bbl	$259,474
Casinghead gas	Production	52,355 Mcf	$37,015
Total			$296,489

37,574 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 32.1502, -102.7504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.15017, -102.75041 · 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

6,550 ft

2 wells filed one

Completion to plug

5 months

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 6,500 and 6,600 ft, median 6,550 ft, over the 2 wells that filed a depth.

Completions filed

Aug 1997 – Mar 2005

2 of 2 wells

Plug dates filed

Jan 1998

1 of 2 wells; 1 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.

2 wells


42-00333954	3	6,600 ft	Mar 2005	—	Yes
42-00304631	1	6,500 ft	Aug 1997	Jan 1998	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	17	0	26.88	9.12	$457
Nov 2000	120	146	32.21	5.66	$4,691
Oct 2000	159	188	31.23	5.15	$5,933
Sep 2000	169	184	31.87	5.19	$6,340
Aug 2000	165	181	29.64	4.54	$5,712
Jul 2000	108	178	28.53	4.09	$3,809
Jun 2000	102	179	29.30	4.40	$3,776
May 2000	118	149	27.26	3.68	$3,765
Apr 2000	179	190	24.51	3.12	$4,979
Mar 2000	138	178	28.42	2.86	$4,431
Feb 2000	155	189	27.62	2.73	$4,796
Jan 2000	193	201	25.27	2.48	$5,376
Dec 1999	182	201	24.28	2.42	$4,906
Nov 1999	209	221	23.19	2.43	$5,385
Oct 1999	155	233	20.98	2.80	$3,905
Sep 1999	168	238	21.75	2.62	$4,277
Aug 1999	169	196	19.26	2.88	$3,819
Jul 1999	152	198	17.89	2.37	$3,189
Jun 1999	148	223	15.94	2.36	$2,886
May 1999	102	232	15.79	2.32	$2,149
Apr 1999	68	369	15.10	2.21	$1,842
Mar 1999	133	436	12.47	1.84	$2,460
Feb 1999	139	402	9.98	1.82	$2,118
Jan 1999	117	430	10.38	1.90	$2,031
Dec 1998	96	423	9.20	1.77	$1,633
Nov 1998	108	458	10.89	2.19	$2,177
Oct 1998	116	556	12.42	1.97	$2,536
Sep 1998	55	563	12.59	2.08	$1,865
Aug 1998	84	718	11.30	1.91	$2,319
Jul 1998	111	787	11.74	2.24	$3,064
Jun 1998	108	696	11.24	2.24	$2,771
May 1998	89	677	12.62	2.21	$2,617
Apr 1998	53	371	13.04	2.51	$1,621
Mar 1998	92	520	12.80	2.31	$2,379
Feb 1998	83	585	13.95	2.30	$2,503
Jan 1998	114	568	14.70	2.15	$2,900
Dec 1997	133	587	16.32	2.41	$3,586
Nov 1997	145	577	18.19	3.09	$4,419
Oct 1997	204	463	19.25	3.15	$5,385
Sep 1997	151	88	17.74	2.95	$2,939
Aug 1997	194	127	17.86	2.55	$3,789
Jul 1997	33	10	17.58	2.25	$603
Jun 1997	125	79	17.24	2.26	$2,333
May 1997	156	138	18.97	2.31	$3,278
Apr 1997	214	156	17.88	2.08	$4,151
Mar 1997	206	137	18.95	1.94	$4,169
Feb 1997	176	71	20.49	2.21	$3,763
Jan 1997	221	84	23.48	3.54	$5,486
Dec 1996	220	79	23.32	—	$5,130
Nov 1996	223	67	21.97	—	$4,899
Oct 1996	205	70	23.31	—	$4,779
Sep 1996	197	675	22.22	—	$4,377
Aug 1996	165	653	20.26	—	$3,343
Jul 1996	181	674	19.55	—	$3,539
Jun 1996	129	236	18.73	—	$2,416
May 1996	188	908	19.43	—	$3,653
Apr 1996	168	937	21.51	—	$3,614
Mar 1996	192	1,035	19.38	—	$3,721
Feb 1996	83	751	16.98	—	$1,409
Jan 1996	74	738	17.07	—	$1,263
Dec 1995	171	794	17.19	—	$2,939
Nov 1995	154	961	16.00	—	$2,464
Oct 1995	161	965	15.43	—	$2,484
Sep 1995	214	967	16.18	—	$3,463
Aug 1995	191	1,259	15.92	—	$3,041
Jul 1995	281	1,472	15.24	—	$4,282
Jun 1995	203	979	16.41	—	$3,331
May 1995	175	973	17.56	—	$3,073
Apr 1995	110	531	17.73	—	$1,950
Mar 1995	142	698	16.44	—	$2,334
Feb 1995	246	563	16.58	—	$4,079
Jan 1995	252	597	15.92	—	$4,012
Dec 1994	253	609	15.03	—	$3,803
Nov 1994	238	604	15.90	—	$3,784
Oct 1994	201	549	15.58	—	$3,132
Sep 1994	145	697	15.29	—	$2,217
Aug 1994	117	640	16.13	—	$1,887
Jul 1994	101	562	17.56	—	$1,774
Jun 1994	165	580	17.09	—	$2,820
May 1994	150	374	15.88	—	$2,382
Apr 1994	231	558	14.14	—	$3,266
Mar 1994	102	464	12.46	—	$1,271
Feb 1994	100	884	12.50	—	$1,250
Jan 1994	119	960	12.66	—	$1,507
Dec 1993	97	838	12.33	—	$1,196
Nov 1993	58	748	14.49	—	$840
Oct 1993	180	1,367	15.85	—	$2,853
Sep 1993	294	1,698	15.03	—	$4,419
Aug 1993	63	82	15.66	—	$987
Jul 1993	161	116	15.46	—	$2,489
Jun 1993	62	1,059	16.79	—	$1,041
May 1993	74	873	17.68	—	$1,308
Apr 1993	73	1,300	18.05	—	$1,318
Mar 1993	133	1,180	18.14	—	$2,413
Feb 1993	118	924	17.90	—	$2,112
Jan 1993	89	2,326	16.93	—	$1,507

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                   17 bbl  × $ 26.88 =       $457
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                     $457

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/31922 is the state's own key, not one this site invented.