UNIVERSITY 11 SEC. 11

Operated by ARCO PERMIAN (P-5 29347) 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 31970District 08Field 57774083Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$423 k
Jan 1993 – Jun 2001
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
102
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 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.

StreamBasisVolumeValue
OilDisposition11,479 bbl$195,822
Casinghead gasProduction203,445 Mcf$227,502
Total$423,324

123,586 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 (1)

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 32.1679, -102.7626. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16785, -102.76262 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,800 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 6,800 ft.

Completions filed
Oct 1995
1 of 1 wells

1 well

42-0033333336,800 ftOct 1995Yes

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 (102)

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

102 months

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 2000272,00832.215.66$12,231
Oct 2000252,89331.235.15$15,667
Sep 2000282,87931.875.19$15,824
Aug 2000352,29029.644.54$11,436
Jul 2000432,11028.534.09$9,856
Jun 2000431,72029.304.40$8,823
May 2000521,22427.263.68$5,922
Apr 2000531,43024.513.12$5,755
Mar 2000581,56028.422.86$6,110
Feb 2000331,33027.622.73$4,538
Jan 2000241,24725.272.48$3,700
Dec 1999241,20924.282.42$3,513
Nov 1999391,36823.192.43$4,234
Oct 1999481,73020.982.80$5,857
Sep 1999471,36121.752.62$4,587
Aug 1999471,37519.262.88$4,859
Jul 1999581,43217.892.37$4,435
Jun 1999591,44315.942.36$4,349
May 1999731,47115.792.32$4,567
Apr 1999801,63915.102.21$4,827
Mar 1999671,55512.471.84$3,694
Feb 1999611,3539.981.82$3,068
Jan 1999861,32310.381.90$3,406
Dec 1998501,0729.201.77$2,361
Nov 1998571,43210.892.19$3,751
Oct 1998921,60612.421.97$4,305
Sep 1998941,54912.592.08$4,409
Aug 19981051,62511.301.91$4,286
Jul 1998391,61211.742.24$4,064
Jun 1998791,60011.242.24$4,468
May 1998742,03312.622.21$5,419
Apr 1998362,25313.042.51$6,114
Mar 1998521,95912.802.31$5,190
Feb 1998241,35513.952.30$3,450
Jan 1998341,64414.702.15$4,042
Dec 1997521,81016.322.41$5,213
Nov 19971081,70818.193.09$7,239
Oct 19971211,54619.253.15$7,199
Sep 1997731,81917.742.95$6,670
Aug 1997791,28817.862.55$4,701
Jul 19971202,11917.582.25$6,871
Jun 1997921,79617.242.26$5,640
May 19972042,05018.972.31$8,602
Apr 19971222,04417.882.08$6,439
Mar 19971182,02918.951.94$6,171
Feb 19971161,99120.492.21$6,769
Jan 19971211,96923.483.54$9,811
Dec 1996941,80523.32$2,192
Nov 19961211,89221.97$2,658
Oct 1996891,49523.31$2,075
Sep 19961291,68122.22$2,866
Aug 19961671,85420.26$3,383
Jul 19962422,35419.55$4,731
Jun 19961011,85118.73$1,892
May 19961242,06619.43$2,409
Apr 19961622,19221.51$3,485
Mar 1996882,21719.38$1,705
Feb 1996931,89716.98$1,579
Jan 19962112,03017.07$3,602
Dec 19951512,40917.19$2,596
Nov 19951161,95316.00$1,856
Oct 19951382,21415.43$2,129
Sep 19952182,53216.18$3,527
Aug 19952512,76215.92$3,996
Jul 19951342,00015.24$2,042
Jun 19951281,91216.41$2,100
May 19951872,69217.56$3,284
Apr 19951912,82317.73$3,386
Mar 19951282,54216.44$2,104
Feb 19951391,87216.58$2,305
Jan 19951912,27915.92$3,041
Dec 19942102,47315.03$3,156
Nov 19941222,74315.90$1,940
Oct 1994812,66115.58$1,262
Sep 19941472,76415.29$2,248
Aug 19942023,00916.13$3,258
Jul 19941363,03217.56$2,388
Jun 19941483,45617.09$2,529
May 19941202,12115.88$1,906
Apr 19941712,70214.14$2,418
Mar 19942193,04712.46$2,729
Feb 19942092,66512.50$2,613
Jan 19942392,75412.66$3,026
Dec 19932503,04412.33$3,083
Nov 19932543,05214.49$3,680
Oct 19932283,03815.85$3,614
Sep 19931962,56915.03$2,946
Aug 1993872,49215.66$1,362
Jul 1993902,91115.46$1,391
Jun 1993462,52816.79$772
May 19931893,12717.68$3,342
Apr 19933153,70318.05$5,686
Mar 19933483,92718.14$6,313
Feb 19933184,22917.90$5,692
Jan 19933894,21516.93$6,586

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.

Nov 2000 — as filed, then multipliedworked
Oil                   27 bbl  × $ 32.21 =       $870
Casinghead gas     2,008 Mcf  × $  5.66 =    $11,361

────────────────────────────────────────────────────
Month total                                  $12,231

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/31970 is the state's own key, not one this site invented.